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Built-in-Wallets

7 Cryptocurrency Exchanges with Built-in Wallets

Posted on

Cryptocurrency exchanges, whether centralized or decentralized, offer the easiest option to trade your Bitcoin and other cryptos. Some exchanges require you to connect a separate wallet to your account. Apart from adding hassle to the process, linking a separate wallet can increase the risk of cyberattacks. Fortunately, many of the best cryptocurrency exchanges offer built-in wallets which keep your funds safe and within easy reach. This article mentions 7 such exchanges.

1. CEX

CEX is a fully-licenced, multifunctional exchange which is based in the United Kingdom. It is available worldwide and accepts a decent variety of cryptocurrencies, including less-known options such as Zcash and Bitcoin Gold. CEX accepts payments with cards, and you can use fiat currency to buy and sell cryptocurrency.

CEX is used by both novice traders and experienced investors. Its user-friendly interface and simple design make it easy to use by first-time traders. The platform also offers advanced trading options, including margin trading, which are normally preferred by more experienced traders.

2. Coinbase

Coinbase is one of the largest cryptocurrency exchanges in the world and offers an extensive range of options and tools. The platform offers a stand alone wallet called Coinbase Wallet, but you don’t need to have this in order to store your currency directly on the exchange.

Coinbase is suitable for both new and experienced traders. It only offers a handful of different cryptos, so you might seek a Coinbase alternative if you are looking for a specific and less popular coin.

3. Binance

Previously accepting only crypto to crypto transactions, Binance is an exchange which is normally preferred by more experienced traders. The platform accepts a large number of Altcoins, including Qtum, Ethereum Classic, and Dash. It is available to users worldwide and is known for charging low trading fees.

Binance is a leading exchange, which allows traders to invest in innovative products, such as IEOs. It supports investors through a range of tools, including crypto graphs and analysis.

4. ZBX

ZBX is a regulated cryptocurrency exchange based in Malta, which offers a decent number of currencies, such as Cardano, Tether, and Aeternity. The platform also offers 2 Factor Authentication (2FA) to all of its users.

You can buy and sell Bitcoin and other cryptocurrencies on ZBX using both fiat and cryptocurrency. Cards are the preferred method of payment since they offer instantaneous funds, however, bank transfers are possible too. The platform does not charge any deposit fees, and its trading fees are in line with industry average.

5. Kraken

Kraken has built one of the strongest reputations in the industry, and beyond, becoming a trusted institution in Europe and Japan. It is safe and offers users the option to enable 2FA. Kraken allows you to trade crypto in a variety of ways, including using fiat currency.

The platform allows you to trade with more than a handful of currencies. Apart from Bitcoin and Ethereum, you can use Kraken to buy Iconomi, Stellar, and Monero, amongst several other currencies. Kraken also supports advanced trading products, such as trading on margin and Bitcoin shorting.

6. Bitfinex

Bitfinex first started operating as a P2P Bitcoin exchange, similar to LocalBitcoins. However, over time it developed into one of the largest exchanges, allowing crypto and fiat currency trades. While it accepts bank transfers, Bitfinex does not accept card payments.

Ideal for both novice and experienced traders, Bitfinex offers a combination of simple user interface and advanced trading options. The platform accepts low deposit minimums for fiat currency and allows high volume trading.

7. Bitpanda

Bitpanda is a simple cryptocurrency exchange which allows you to invest in Bitcoin and a few other currencies. It is based in Austria and counts over one million users worldwide. Although not the biggest exchange in this list, Bitpanda has built a reputation on offering a safe and user-friendly experience for traders to carry out trades.

Bitpanda accepts card payments and bank transfers in EUR, GBP, USD, and CCF. It accepts very small minimum deposits and offers a very transparent fee structure.

***

DISCLAIMER

The views, the opinions and the positions expressed within guest posts such as this one are those of the author alone and do not necessarily represent those of https://www.cryptowisser.com/ or any company or individual affiliated with https://www.cryptowisser.com/. We do not guarantee the accuracy, completeness or validity of any statements made within this article. We accept no liability for any errors, omissions or representations. The copyright of this content belongs to the author. Any liability with regards to infringement of intellectual property rights also remains with them.

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