Top Ten Digital Currency Trading Platforms Ranking Of Virtual Currency Trading Platforms

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Top Ten Digital Currency Trading Platforms Ranking of Virtual Currency Trading Platforms

There is no recognized digital currency exchange in China because it is defined as illegal in the country! The China Banking and Insurance Regulatory Commission, the Central Cyberspace Administration of China, the Ministry of Public Security, the People's Bank of China, and the State Administration for Market Regulation remind: Recently, some criminals have issued so-called "virtual currencies" and "virtual assets" under the banners of "financial innovation" and "blockchain" . "Digital assets" and other methods absorb funds and infringe on the legitimate rights and interests of the public. Such activities are not really based on blockchain technology, but are the result of illegal fundraising, pyramid schemes and fraud by hyping the blockchain concept.

Top Ten Digital Currency Trading Platforms Virtual Currency Trading Platform Ranking! With the development of blockchain technology, there are more and more digital assets, and new currencies are constantly being born. Choosing a reliable exchange when buying coins has attracted everyone’s attention. So what are the current exchange platforms for formal domestic exchanges? Which one is better, Huobi, Binance or OKEx? Let’s take a look with the editor below.

What is digital currency exchange? A digital currency exchange is an online marketplace where users can exchange one digital asset for another based on the market value of a specific asset. Some exchanges even allow users to trade digital currencies with fiat currencies such as euros. Digital currency exchanges have the added advantage that users can operate their own digital currency wallets, meaning users can send digital currencies to the exchange’s wallet or store tokens in a wallet provided by the exchange .

What are the domestic recognized digital currency exchanges?Ranking of mainstream digital currency exchanges

Important notice: On August 9, 2022, the Cyberspace Administration of China issued a major notice "Concentrated Rectification of Speculation and Chaos Involving Virtual Currency", which once again dealt a heavy blow to virtual currencies. The full text adheres to the spirit of the "Notice on Further Preventing and Responding to Speculative Risks in Virtual Currency Transactions" (i.e., the 924 Notice) and releases three important signals:

Website platforms must effectively implement the main responsibilities; continue to maintain a high-pressure crackdown on speculation in virtual currency transactions; and on the basis of existing supervision, increase inspections of information content and accounts that induce virtual currency investment. There is no recognized digital currency exchange in China because it is defined as illegal in the country!

1. OKEx Exchange: The exchange with the most “big guys” in the currency circle

As the exchange with the largest number of large users in the currency circle, OKEx is also the first exchange among the three major exchanges to open contract trading, and has gradually moved closer to contracts during the development process. The year 2020 that just passed was called the first year of contracts, and OKEx exchange also took advantage of the situation to launch a variety of contract methods. OKex's contracts are known for their high multiples and small amortization, which have attracted countless contract players and have extremely high market viscosity. Over time, OKEx has become the benchmark for currency contracts.

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2. Huobi Exchange: The exchange with the largest number of “retail investors” in the currency circle

According to relevant statistics, Huobi Exchange can basically be said to be the exchange with the largest number of digital currency retail investors in the currency circle. As an old exchange established 13 years ago, Huobi still has many loyal fans. Moreover, to be fair, Huobi has successfully captured the needs of most retail investors and has basically achieved the best depth in "spot currency buying" and "spot trading".

3. Binance Exchange: The most international exchange

2017 was also a period of major turning points in the Bitcoin trading market. It was at this time that Binance came to the fore and quickly rose to prominence. The professional team launched by Binance at that time had a bright star lineup, and its founder was Changpeng Zhao, who was well-known in the currency circle. , and then after He Yi, the first sister in the currency circle, joined, in just one month, the transaction volume jumped to the tenth place in the world. Overall, Binance has users from all over the world and is a truly international exchange. so. And, whether it’s black or red, there’s no denying that Binance One has done a great job in brand marketing.

4. (United States)

It is the world's largest digital currency exchange. As of December 31, 2020, cryptocurrency trading volume was US$193 billion, an increase of 141.7% from 2019, with a compound annual growth rate of 258%, accounting for 11.1% of the total market share. Financial data for the first quarter of 2021, including total revenue of approximately US$1.8 billion, a year-on-year increase of over 844%

5. (Hong Kong, China)

Trade Bitcoin and other digital currency contracts with up to 100x leverage. Fast execution, low fees, powerful functions, and agile transactions.

6.ZB(ZB)

() is a global digital currency exchange that has obtained exchange licenses in Thailand and Dubai. The operation team has 4 years of experience in the blockchain industry. The company's employees are located in China, the United States, Thailand, South Korea, Canada, Dubai and other places. It has many currencies, supports computers and mobile phones, is easy to register, and supports RMB; in addition, ZB has obtained a domain name with two letters com, which shows that it has certain economic strength.

How to judge whether a digital currency exchange is reliable? (1) Safety

The first criterion for choosing an exchange is of course to ensure the safety of our funds. But today's exchanges are basically centralized, which means that all our assets are stored in the exchange. In addition, these exchanges are not regulated, and there is a risk that the platform will take away the money. Therefore, when choosing an exchange, you must first choose a large platform with strong strength (the strength of the platform can be judged from their technology and operations).

(2) Transaction volume

Due to the large trading volume and sufficient market depth, we can trade as quickly as possible; at the same time, the risk of manipulation on exchanges with large trading volume is relatively low.

(3) Number of trading products

Although there are currently many types of digital currencies (but most of them are junk coins), not every exchange lists the same number of coins. Some are small and sophisticated, some are large and comprehensive. This has to do with the platform’s strategy. In fact, there are currently only a few dozen digital currencies with large trading volumes in the digital currency market, so you can pay attention to some trading platforms that mainly focus on selected currencies.

(4) Whether legal currency transactions are supported

In the past, many digital currency exchanges provided fiat currency-based transactions, allowing us to trade digital currencies with US dollars, euros, renminbi, etc., but due to regulatory reasons, there are fewer and fewer such exchanges.

(5) Currency entry and exit speed

Timely transactions and capital inflow and outflow are the basic guarantees for trading. Imagine this scenario: we deposit money to an exchange but don’t receive it for a long time. We must be anxious, especially when it comes to routine surgery.

The above is what are the domestic recognized digital currency exchanges? Ranking details of mainstream digital currency exchanges. For more digital currency trading platform ranking information, please pay attention to other related articles of Script House!

The top ten trading platform apps selected by Hong Kong, Macao and Taiwan media

1. Binance()

Binance (Note: Domestic users currently only support email registration!) has an asset size of US$2.421 billion, a total of 742 trading pairs, and a 24-hour trading volume of US$17.693 billion.

Binance is a trading platform focused on blockchain assets created by a group of digital asset enthusiasts led by former co-founder Changpeng Zhao (CZ). Founder Zhao Changpeng had constant conflicts with his old employer. He was not very optimistic at first, but later discovered that the platform was performing quite well.

2. Huobi

Huobi.com (official download) has an asset size of US$4.175 billion, a total of 753 trading pairs, and a 24-hour trading volume of US$29.349 billion.

Huobi.com is operated by Beijing Huobi Tianxia Network Technology Co., Ltd. and launched in September 2013. It is one of the world's leading Bitcoin trading platforms. On March 4, 2014, Huobi’s daily transaction volume exceeded 260,000, and the transaction amount reached 1 billion yuan, setting a record for the global Bitcoin trading platform. It is currently one of the Bitcoin trading platforms with the largest trading volume in the world. . On March 19, 2014, Huobi launched Litecoin spot trading.

3.OKEx exchange

As the exchange with the largest number of large users in the currency circle, OKEx is also the first exchange among the three major exchanges to open contract trading, and has gradually moved closer to contracts during the development process. The year 2020 that just passed was called the first year of contracts, and OKEx exchange also took advantage of the situation to launch a variety of contract methods. OKex's contracts are known for their high multiples and small amortization, which have attracted countless contract players and have extremely high market viscosity. Over time, OKEx has become the benchmark for currency contracts.

Since its establishment, OKEx has received millions of dollars in angel investment from entrepreneurial workshops established by top investors around the world. Mr. Wang is also an investor in top global companies such as Google, Baidu, and Tesla. It uses GSLB, distributed server clusters and distributed storage. , multi-machine high-speed memory trading engine, cold wallet, private key offline hot wallet and other advanced technologies to provide customers with safe, stable and credible digital assets through multiple terminals such as Web, mobile phones and PCs. Transaction Services.

4.gate.io

Gate.io has an asset size of US$204 million, a total of 458 trading pairs, and a 24-hour trading volume of US$105 million.

On July 22, 2020, the Gate.io brand was fully upgraded, and the Chinese name "Open Sesame" was officially launched. .io Gate International Station is a global blockchain asset international station with attitude. Since its establishment in 2013, it has provided nearly 100 high-quality blockchain asset trading and investment services to millions of users in more than 130 countries around the world. Gate.io is committed to becoming a trustworthy, safe, stable and reputable international blockchain asset website. It not only provides users with safe, convenient and fair blockchain asset transaction services, but also comprehensively guarantees the safety and security of user transaction information. Asset security.

5.ZB

ZB has assets of US$300 million, a total of 147 trading pairs, and a 24-hour trading volume of US$658 million.

ZB is the world's leading digital asset trading service platform. Since its establishment in 2013, it has provided digital asset trading services to more than 10 million users around the world. It has been operating stably for 7 years, with an average daily transaction volume exceeding US$3 billion. BTC, ZB, EOS, and XRP have long been at the forefront of the transaction share of mainstream currencies. Services provided: currency-to-crypto transactions, fiat currency transactions, leveraged transactions, mortgage loans, deposit currency mining.

6. Professional version

Pro has $2.217 billion in assets, a total of 82 trading pairs, and a 24-hour trading volume of $609 million.

Pro is headquartered in the United States and provides users with a secure platform to invest in various digital assets. The Pro platform interface is simple and easy to use, including real-time order query, charting tools, transaction history and simple order process.

7.MXC

MXC Matcha has assets of US$50 million, a total of 418 trading pairs, and a 24-hour trading volume of US$342 million.

MXC Matcha International Station is a platform focused on blockchain asset exchange and exchange created by senior quantitative trading teams from Wall Street, Japan, and Europe and senior blockchain practitioners through a decentralized self-organization form. MXC Matcha will provide users with more secure, convenient and intelligent blockchain asset circulation services, aggregate global high-quality blockchain assets, integrate the world's top security technologies, and strive to build the world's top international station for blockchain assets.

8. KuCoin()

It has assets of US$18.5676 million, a total of 449 trading pairs, and a 24-hour trading volume of US$219 million.

() is a world-renowned digital currency trading service platform that supports a variety of digital asset transactions. Founded in September 2017, it has grown into one of the most popular digital currency trading service platforms. It currently provides currency, legal currency, contracts, Pool-X, lending and other services to 5 million users in 207 countries and regions around the world. . One-stop service. Known as the "National Transaction Service Platform", it operates in the Seychelles and provides users with a multi-lingual, 7X24-hour customer service team. At the same time, localized communities have been established in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India and other places to provide the most localized services to users everywhere. In November 2018, KuCoin received US$20 million in Series A financing from IDG Capital and Matrix Partners.

9. Biji

BiKi's asset size is US$12.8098 million, with a total of 319 trading pairs and a 24-hour trading volume of US$1.912 billion.

BiKi Group was established in 2018 and is headquartered in Singapore. It is a global blockchain digital asset trading service provider. At present, the group's business includes spot trading, derivatives trading, digital banking, blockchain industry investment and other businesses. It has more than 40% of the new market share of small currencies in the Chinese market, and has operation centers in 7 countries including Singapore, China, South Korea, Vietnam, Japan, Russia, and Turkey.

10.B network

The asset size of B network is US$928 million, with a total of 472 trading pairs and a 24-hour trading volume of US$65.2436 million.

Commonly known as B Network, it provides services for coins, US dollars, and coins. Signing up is very easy. Founded in 2015, it is an international Bitcoin website located in the United States, supporting more than 200 trading pairs and with a daily trading volume of billions of yuan. Team members come from major companies such as Microsoft, Amazon, and BlackBerry, and have more than 50 years of experience in professional security and development services.

Through the above introduction, I believe everyone has a certain understanding of the top ten virtual currency trading platform APPs. The editor reminds investors that when choosing a virtual currency trading platform, it is necessary to conduct research on different virtual currency trading platforms. You can search through the Internet, communities, or experts and senior investors in the encryption field, etc., and learn through multiple channels, focusing on complaints about virtual currency trading platforms. Additionally, it is necessary to have a thorough understanding of the terms and conditions of each virtual currency trading platform.If you want to know more

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Top Ten Digital Currency Trading Platforms Ranking of Virtual Currency Trading Platforms

标签: #Digital Currency #Virtual Currency #Bitcoin China Trading Platform #Blockchain #Digital Assets

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