Best Cryptocurrency Exchanges in 2022

With cryptocurrencies reaching new heights, their ecosystem also widened. Despite recent setbacks, the crypto asset class kept investors intact. Since cryptos are traded at different exchanges, the investment decision starts with finding the best cryptocurrency exchanges in 2022.

Whether new or existing investors, everyone is on the hunt for the best exchange. However, the best definition is different for each investor. Some investors prefer security; some look out for low charges. So, having the best exchange for crypto trade is a pivotal part of the choice.

Similarly, crypto exchanges keep on adding new features to facilitate trade. So, the hunt for the best New York cryptocurrency exchanges in 2022 is not a one-off act; it evolves with time.

If you are looking for one such exchange, so read the full article to understand better the critical features of the best cryptocurrency exchanges.

So, let’s get started.

1. Kraken

Kraken is only two years young than Bitcoin, thus making it one of the industry’s oldest and most trusted names. Although most senior does not always mean the best, Kraken has equipped with top-notch security features.

Additionally, you earn multiple rewards for staking and trading. As far as price is concerned, we have observed Kraken to be on the lower side. It is available both for U.S. residents and international clients.

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• Gemini

For multiple reasons, Gemini will be one of the best cryptocurrency exchanges in 2022. It is deemed the best option for new entrants since it offers user-friendly and easy-to-understand trade options.

However, seasoned investors can equally benefit from Gemini’s Earn Program. Through this program, investors gain interest in crypto holdings and get their Gemini Credit Card facility. 

Furthermore, Gemini is a fully compliant exchange; it ensures it meets all U.S. regulatory compliance requirements.

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• Crypto.com 

It is one of the best cryptocurrency exchanges in 2022 and the best mobile app. Crypto.com offers an extensive digital asset trading ecosystem coupled with easy-to-use features.

The platform provides competitive rates for a large number of volatile cryptocurrencies. So, you can earn crypto rewards through Crypto.com Visa Cards.

Additionally, traders can take advantage of Crypto.com’s native tokens (Cronos) to pay a fee and, in return, buy other valuable benefits.

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• Coinbase

Coinbase is well known for its easy-to-use interface; it offers a one-click trade option. Whether you are a one-time investor or a returning customer, you can easily purchase or sell cryptocurrency on Coinbase with a snap.

In addition, through its advanced trade feature, you can easily make educated investment decisions. Coinbase is merging its Pro app with the Coinbase main application. So, users can avail of all features on a single platform.

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• BitYard

BiyYard is an ambitious new bird in the crypto market. BitYard is placed in Singapore but offers services in more than 150 countries. 

BitYard is a fully compliant exchange, as it follows financial industry regulations. In addition, it holds operating licenses in Singapore, U.S., and Australia. It is best suited for spot trading because the fee is relatively low.

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• KuCoin

KuCoin is one of those exchanges which offer almost every cryptocurrency, you name it, and they have it. So, it charges a meager fee by providing access to a comprehensive library of cryptocurrencies.

Not only KuCoin has a global footprint but also provides services on all continents. 

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• Robinhood

As the name suggests itself, Robinhood exchange charges no fee for transactions. When you buy $100 of cryptocurrency, you get the whole cryptocurrency valued at 100%.

Not only Robinhood offers high security, cold storage facility, but also insurance against theft. Additionally, it is licensed to trade cryptocurrency.

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• 0% commission

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Frequently Asked Questions

What are the best cryptocurrency exchanges in 2022?

The best cryptocurrency exchanges in 2022 include Kraken, KuCoin, Coinbase, Robinhood, and BitYard. However, this is not a definite list, as crypto exchanges keep changing their features. So, always check with crypto exchanges before proceeding with transactions.

How are the best cryptocurrency exchanges in 2022 selected?

We have chosen the best cryptocurrency exchanges by keeping multiple vital essential features, including;

How many cryptocurrency exchanges are there?

It is hard to get an exact number since crypto exchanges are not listed with a centralized authority. Additionally, many businesses have a minimal life and vanish from the market. However, as a rough idea, as of September 2022, there are more than 270 crypto exchanges.

Is Kraken the best cryptocurrency exchange in 2022?

Kraken is up with one of the best cryptocurrency exchanges. It offers many features that give it a competitive advantage, thus making it one of the best cryptocurrency exchanges in 2022.

Parting Thoughts

Crypto exchanges have surfaced with advancements in crypto finances. Numerous exchanges serve their clients to make the best crypto-related investments. 

However, we cannot single out an exchange as the best cryptocurrency exchange in 2022. Each deal has its advantages. So, an investor needs to know their requirement. 

Multiple choices make it a daunting task to choose the suitable exchange. However, with experience and professional advice, you can find the best exchange partner.

So, by this guide, we have tried to ease you out with an exchange decision. Thus we hope that we served enough information to dust off your doubts.

Do mention your queries if further information is needed; we are happy to reply.