If you have Bitcoin in your possession and you believe it’s the right time to have crypto trade derivatives, it’s vital to pick a trustworthy crypto exchange. You have hundreds of altcoin options to acquire, but if you need a reliable one, you can’t go wrong with Ethereum.
Our guide focuses on helping you make an effortless BTC/ETH conversion. We picked the top four exchanges for this transaction.
How to Choose a Good Crypto Exchange
Whether you are a beginner or an experienced investor, you need a good crypto exchange. Here are the questions to ask:
- Is it decentralized? Most traders prefer decentralized exchanges because they are non-custodial. That means there’s no middleman in transactions, which provides a higher degree of anonymity and safety.
- What coins does the exchange support? Bitcoin and Ethereum are the focus of our guide. However, a good crypto exchange should offer hundreds of other currency pairs, and some even support fiat. The idea is for a single platform to offer all the options you might need for crypto trading.
- Is it easy to use? You often have to react quickly to execute a trade. That’s why you shouldn’t use precious time finding your way around the exchange. A user-friendly interface is imperative, and many exchanges also offer mobile support and specialized apps.
- What are the rates and other terms? Some exchanges offer fixed rates for a while, which is a great thing in a volatile crypto market. An exchange platform might have limits in terms of how much you can trade, and there might be some fees applied.
1.Godex
Godex has been around for over five years, and it profiled itself as a reliable and anonymous exchange. It’s a non-custodial platform that doesn’t require registration. Many traders appreciate this level of privacy since you don’t leave any personal data and you transfer funds to the recipient directly.
Unlimited transfers are the trademark of Godex. You can swap any amount per transaction and execute as many transfers daily as necessary. Godex will guarantee a fixed rate to protect your assets from any market volatility. The average time for order execution is from 5 to 30 minutes.
Godex supports over 300 currencies, including major players like BTC and ETH. The platform is easy to use, and only a few clicks are necessary to execute a transfer. If you use an Android device, you can download a free app to simplify trading on the go.
2.Exolix
Exolix is another exchange with optional registration, ensuring you can maintain maximum privacy when trading crypto. You can pick between floating and fixed rates. The rate automatically refreshes every ten seconds to ensure you get the latest information before initiating a trade. Exolix doesn’t impose extra fees or transaction limits.
Exolix supports over 210 cryptocurrencies, but this number keeps growing. It executes about 1,500 transactions in 24 hours, with the average processing time being about five minutes. Trades based on analysis are still recommended. For example, make sure to check the Dogelon Mars price forecast and learn more about this currency before acquiring it.
3.ChangeHero
ChangeHero supports over 150 crypto coins, and it also has the option to buy or sell crypto with Visa or MasterCard. The average processing time for an exchange is 12 minutes, which is reasonably fast.
No limits exist on exchanges or the amount for a trade. ChangeHero offers fixed rates. The system looks for the best rate at the moment, but the final offer is subject to change due to market fluctuations.
4.EasyBit
A simple user interface, including an Android app to trade on mobile devices, is the main advantage of EasyBit. The platform supports dozens of popular cryptocurrencies, and the average processing time is five minutes per transaction.
EasyBit has multiple account levels. As you progress through the ranks, you qualify for lower fees. The highest charge is 0.2%, and the lowest is 0.1%. EasyBit has a Volatility Protection mode. If you activate it, you receive some cashback, which is subject to a network fee.
Conclusion
A stiff competition among crypto exchanges is a good thing for users. Many platforms offer benefits like no limits or extra fees on transactions. Make sure to go with non-custodial exchanges and those that don’t require registration because maintaining at least some privacy is the entire point of crypto transactions. The platforms listed on this page are all great choices that offer fast and simple trades, so don’t hesitate to give them a shot!
