X

Daniel from New Orleans

Registered at the crypto broker Binance 17 minutes ago.

» Try Binance too
Do not show again

It is a well-known fact that cryptocurrencies have been experiencing a bearish outlook since the end of their massive rally in 2021. Still, many crypto brokers and exchanges look incredibly well positioned to weather the storm and see us through to a bullish upturn.

Crypto Lists takes a closer look at which platforms can offer beginners to the space an easy-to-use entry point to buy crypto as well as for experienced traders to navigate a notoriously volatile market. In no particular order, and just a reminder that these are just a few of the many platforms and exchanges to choose from, here goes…

Crypto.com

It should only stand to reason that this broker has made our list. Crypto.com was originally founded in 2016 and it is arguably one of the most well-known exchanges on the marketplace. Crypto.com blue and white logoOne of the reasons why Crypto.com should flourish when the bears come out of hibernation involves the sheer level of diversity that investors can leverage. More than 250 cryptocurrencies are currently offered; providing users with a means to offset potential losses by trading different pairs. The fact that its mobile app offers the very same features as the standard website likewise signifies that users can execute trades within seconds when the time is right. Open a free account on Crypto.com here.

Coinbase

Coinbase is yet another leader in crypto trading since it first emerged in 2012. Coinbase blue and white logoPerhaps the most impressive feature of this platform is the fact that traders are provided with access to over 100 cryptocurrencies. As some of these are rather obscure, such an opportunity could represent a powerful means to offset losses associated with benchmark currencies such as BTC and ETH.

Bear-wary investors can also tap into small- and mid-cap assets; enabling them to become involved with start-up projects on the “ground floor” and take advantage of short-term momentum. Considering that Coinbase boasts assets worth in excess of $256 billion dollars, liquidity should also not present an issue. Sign up for Coinbase today.

Kraken

Although Kraken does not offer as many cryptocurrencies as the brokers mentioned above, traders can still enjoy a number of unique benefits that are ideally suited for a bearish marketplace. Kraken purple logoKraken is primarily suited for high-volume crypto traders due to a multi-tiered structure that reduces overall transaction fees in relation to 30-day rolling volumes. In fact, taker charges as low as 10% are offered to those who trade over $10 million dollars on a monthly basis.

In terms of keeping the bears at bay, Kraken Pro is arguably the best solution. Users can leverage high-speed executions, access to real-time market data and it is possible to choose from 13 different types of orders. Note that spot and margin trades are also supported. Try Kraken for free here.

Huobi Global

While this next crypto exchange might not be familiar to the average trader, it can still provide a relatively safe haven during a bearish climate. Huobi blur logoThis primarily involves the fact that Huobi Global is one of the top exchanges for those interested in gaming-related cryptocurrencies. Historically, currencies associated with online gambling and video games have superseded the volatility that tends to occur with market slumps. Axie Infinity (AXS) is a perfect example of this observation. Individuals who are wary about becoming involved with major names such as Bitcoin and Ethereum could therefore benefit from the services that Huobi Global has to offer. Open an account on Huobi here.

Rating: 9.17/10
Supply: 60 / 270
Release date: November 4, 2020

Description: Buy Axie Infinity from any our best-reviewed platforms.

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.


CEX

CEX is yet another platform to consider when dealing with a bearish marketplace. CEX turkos logoOne of the main selling points of this platform involves stability. Investors have never lost their funds and CEX also places an emphasis upon crypto staking (a nice touch for those who prefer a more conservative approach). Currencies which can be staked include Polkadot (DOT), Solana (SOL) and Cardano (ADA). Users can enjoy competitive interest rates while remaining somewhat removed from open-market jitters by using such a strategy.

CEX is also known for an “instant buy” feature; enabling investors to purchase a crypto asset with the click of a button. Some prefer this method due to its simplicity as well as the fact that traders can turn a short-term profit even during times of high volatility. We should mention that many of the tools offered by CEX are suited for more advanced investors. Sign up for CEX here.

What is a Crypto Exchange or Broker?

Much like in traditional stocks or Forex trading, a crypto exchange, broker, or platform allows people to trade online from the comfort of their home. Or in the case of many, even while they’re on the move via a mobile app. Some are larger and offer more advanced features like leveraging and margin trading, and the ability to trade stocks and commodities. Others are more atuned to beginners who are making their first steps into the crypto space.

Typically, platforms are most suitable for pure beginners. Exchanges have more features and are used by both new users and seasoned veterans of the trading game. While brokers offer things like leveraging. But, each one is unique and sometimes the definitions are blurred somewhat. Obviously it’s worth looking around to see which one is most suitable for your needs, and Crypto Lists is on hand with a plethora of reviews for you to cast your eyes over. The above are a section of stand out sites for you to check out.

Mitigating as Opposed to Eliminating Risk

Let’s still remember that the speculative nature of the cryptocurrency markets can confound even the most seasoned investors. Simply stated, the concept of ‘a sure thing’ does not apply when referring to any type of platform or broker. The main intention should instead involve limiting the amount of risk associated with each trade.

Of course, it’s also important to remain one step ahead of the game by keeping up to date with the latest news compiled by Crypto Lists. Feel free to examine each of the platforms above in greater detail to better appreciate what each has to offer.

Disclaimer:  Crypto is extremely volatile and not suitable for everyone to invest in. Never speculate with money that you cannot afford to lose. The information on this site is presented for educational purposes only and should not be construed as investment or financial advice.

by Our Certified Author
Axie Infinity Newsflash
    Axie Infinity, Sandbox & Play To Earn Leads Today's Rise Axie Infinity, Sandbox & Play To Earn Leads Today's Rise
    Friday, 24 Jun 2022 12:55 pm
    Friday the 24th of June 2022 is a great day for Play to Earn coins. Crypto Lists notice a 15% rise for Axie Infinity while Sandbox gains 10%. Other noticeable gainers today include Avalanche (+8.7%) and Ripple (+12%), while Bitcoin is up 1.7% and Ether is gaining 5.3% the last 24 hours. Are you keen to trade? Try...
    Read the full newsflash


    Be[in]Crypto's Top 5 coins & tokens for April 2022Be[in]Crypto's Top 5 coins & tokens for April 2022
    Monday, 4 Apr 2022 1:21 am
    Are you looking for inspiration when it comes to crypto investments? Be[in]Crypto created a top list for coins, where the following are mentioned as some of the best options right now: SXP's updates include mobile wallets, web wallets, and the Solar Side Ledger Protocol. Axie Infinity (AXS) use cases will increase with the deployment of the land gameplay and the Axie origins V3...
    Read the full newsflash

New Casino Reviews
New Crypto Casinos
Best Crypto Casinos
Recent Crypto Sites
Recent Crypto Coins
  • StaFi logo
     StaFi
    ETHEREUM-TOKEN
  • Shuffle logo
     Shuffle
    ETHEREUM-TOKEN
  • Maker logo
     Maker
    ETHEREUM-TOKEN
  • Mantle logo
     Mantle
    ETHEREUM-TOKEN
Keep up to date with
 

Our Newsletter

Sign up to our newsletter to get the
latest crypto news, new casinos,
bonus offers and other exciting
exclusives.
* indicates required
CryptoLists.com
Copyright © 2019-2022, by Crypto Lists Ltd (CryptoLists.com). Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top