Hi guys, in today’s article we are going to talk about the best crypto currency exchange where you can easily trade and invest in crypto currency or you can get all the different types of crypto currency trading on one platform only. Generally, people who come into crypto trading have to use different exchanges to use different features, which creates a lot of problems. There is nothing better than the one where you get all the services. Now by best exchange I mean that you should use that exchange. Safety and security should be available on the exchange, which means that all your funds should be completely safe. The interface of the exchange should be very easy, that is, its UI user interface should be easy to use. Apart from this, here you get all those features which are important to earn money from your trading or investment. Also, trading fees play a very important role in making any exchange the best, so the exchange that comes with the lowest trading fees will be considered the best by us.
Exchanges for crypto trading or investment in India
Now if we talk about exchanges for crypto trading or investment in India. So there are many options, there are many exchanges which are global, there are many exchanges which are Indian and they all provide you training and investment facilities. Now if we consider the safety and security of funds, then the exchanges which are registered with FIU are safe, it is safe to keep your funds there. Exchanges which are not registered with FIU, that is, not registered with Financial Intelligence Unit, can be banned anytime and your money can get stuck there. That is why we will talk only about those exchanges which are registered in India.
I am registered in FIU. Now under FIU registration, your Binance exchange and Coin are included. These are global exchanges. And if we talk about Indian exchanges, then here Coin DCA Mudra X Delta Exchange are all Indian exchanges. Now all of them are registered under FIU. This means that the same tax will be levied on all of them. The same TDS will be deducted from you. But you have to choose the one on which you get the best service.
Why Binance
So, without confusing you much, I will directly tell you what conclusion I have reached and which is the exchange that I am using myself and I will also tell you that. I would like to recommend, yes I am using Binance because after comparing all the things overall, I found Binance to be the best. Now why I found it to be the best, I am going to tell you in detail in the article, so do read the article till the end. Now how did I reach this conclusion? What are those things due to which I have picked Binance on my top priority? We will know everything in detail in this article. So the article is very important. Do read it till the end.
So the first thing is Binance exchange. World’s most used exchange means that most users are here, most people trade here, in fact Binance exchange has the highest trading volume too. Apart from this, since Binance has been operating till date, no user’s fund has ever been stuck here. Liquidity is quite good, meaning whenever you place your order, it will be placed instantly. Your order will never go into pending and will be placed at the rate at which you place it.
The second best thing about this exchange is its trading fees. I will also tell you how much fees will be charged and how you can get a discount on it. You get the lowest trading fees here. Apart from this, if we talk about trading features, you get multiple trading options. Now here you can do spot trading for long term investment. If you want to earn on daily basis, then you can easily do future trading. Margin trading, option trading, arbitrage trading, robot trading, Binance exchange provides you with many multiple options.
Now let’s go straight to mobile and let’s know what are its advantages due to which Binance exchange should also be your top priority. So guys, now you have to go to the Coin Market Cap and here you show some data on the basis of which you will be able to decide yourself why the whole world uses Binance exchange. If we click on the exchange folder, then you can see that the spot trading data is coming. In the last 24 hours, trading of 6.78 billion dollars has taken place on the Binance exchange only in the spot market and after that
The one which is at number two is Coinbase where trading of 701 million has taken place and trading of 2.8 billion dollars has taken place on Bybit. If we compare it with Bybit, then three times more trading is taking place on Binance as compared to any other exchange. Apart from this, if we talk about other exchanges, then there is hardly any exchange in billions, so in spot a lot of people trade and invest here. Now here we go to derivative trading, so we can see that here in the last 24 hours, trading of 2 3.18 billion dollars has taken place on
Binance exchange is at second position with ByBit on which trading of 8.55 billion has been done but it is not yet registered with FAO, it may be registered in future but right now Binance is AU registered, that is why Binance is my top pick, apart from this, if we talk about other exchanges, then 9.26 billion has been done on DO, 7.51 billion has been done on BitGet and not even one of them is available in India, it has closed all its operations from India, so Binance is on top here also in terms of volume of derivative exchange,
Binance exchange
Now if we come to Binance exchange. Hey guys, the biggest advantage is the user interface. Here you get its user interface which is very simple. It can be a little tough for a beginner as he does not understand what is the use of which feature. Whenever a beginner opens it, he gets very confused, but once you understand it, then you will love Binance. It will seem to be the easiest and fastest exchange because here you never see lag etc., all things happen very fast, this is a complete interface, here you get the wallet option where all your funds are kept, you get a separate pot wallet, a separate future wallet, for doing future trading, you get a funding wallet for making payments etc., for doing margin trading, you get a margin wallet and in the earn feature, whatever you put your assets on earning, i.e. you can stake etc.
You get all those in the Earn Wallet, so you might find it a bit tough right now but it is very easy, now if we talk about the features of Binance, due to which Binance Exchange is going to be your all in one solution because here you will be able to do every type of trading, even with crypto and all the ways of earning money are also available to you here, whether it is air drop, whether it is investing, whether it is auto investing, whether it is robo trading, Binance provides all that to you, guys common here
In the functions, you can see Transfer by Crypto, Mega Drop, Recurring by Deposit, Fair Deposit, you get all these options, all these are great for making your crypto trading and investment very easy on Binance Exchange, now if we talk about trading, then you get multiple options here, here you can use spot trading, margin trading, future trading, auto investment, copy trading, P2P trading, trading bonds, you can trade fan tokens, you can trade NFTs.
You can also trade index linked assets. If you want to earn more money on your crypto currency holdings, that is, by staking or just like you get extra interest from FD in the bank, you get the option to earn more from these earn options. You can put your cryptocurrencies on staking in the earn section. Suppose you have some crypto worth $500, if you put it in the earn section for staking, then you also get an extra yield on it.
Apart from this, in the earn feature, you get all these features like Super Earn, Smart Arbitrage, Simple Earn, Pool and Staking Dual Investment, with the help of which you can earn a very decent income on your overall portfolio. Apart from this, you also get many other features here. If we talk about trading fees, then it is the lowest here. If we want to see the trading fees chart, then we come inside our profile and will come to our VIP privilege, here you will get the total trading fees that you are going to incur.
You will get its data, so here you can see the complete fee details of spot and futures are given, that how much fee will be charged on which order, whenever you place an order in the spot market, whether you buy or sell, a fee of 0.075 is charged, which is very less in comparison to other exchanges and on that also you will get a discount of 25 BNB if you have it in your spot wallet, I will also tell you how this will happen, DM Future, i.e. if you do future trading, then here you will have to pay only 0.18 per order.
The fee being charged is quite low in comparison to other exchanges. It is 0.02 in Coin M futures and 0.03 in options. So people use spot and futures only. Now how to get discount on this also. There is an option of setup BNB discount. You have to enable all these three options and keep BNB coins in your spot wallet. Whatever fee is deducted from you will be deducted in the form of BNB coins and you will get a discount of 25 and 10 on it. So you can save more fees.
This is to save a lot of fees. Go and create an account on Binance. This is one of the best exchanges where you can do your crypto trading or investment.
The solution to all related problems will be found on just one exchange. Now, if you are a beginner and you do not know how to trade in crypto or how to use the Binance exchange, then you will find all the guidance in another article. Here, I have explained everything about how to deposit money, withdraw money, sell, even how to earn money from future trading. You will find it on binance.com, so if you do not have an account, then sign up and complete your KYC.
Sure that your KYC is very important, only after completing your KYC will you be able to avail all the features here, if you face any problem, then definitely tell me in the comment section, I will definitely help you, if you liked the article, then show your love in comment section, see you guys in the next article, till then goodbye and take care.
Disclaimer
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