6 Best Crypto Trading Exchanges in South Africa.
SPONSORED - To purchase and sell digital currencies, you either need a crypto exchange or a CFD broker.
Cryptocurrency exchanges allow users to buy and sell Bitcoin and other cryptocurrencies in exchange for fiat currencies like the U.S. dollar, or to exchange one cryptocurrency for another.
In addition, exchanges reflect the most recent market values for the cryptocurrencies they provide.
6 Best Crypto Trading Exchanges:
OKX
OKX was started in 2017, and its primary office is in Seychelles. According to overall trading volume OKX is the 18th largest cryptocurrency exchange in the world, and OKExchange (OKX) is an ideal place to buy and sell cryptocurrency.
Features
| Feature | Information |
| Average Trading Fees | <0.10% |
| Staking Offered? | Yes |
| Number of Coins | 343 |
| Crypto-to-Fiat Allowed? | Yes |
| Margin Trading offered? | Yes |
| Mobile App offered? | Yes |
Luno
Luno is a wonderful option if you are new to cryptocurrencies and want an exchange with a little to no learning curve attributable to its user-friendly internet platform and mobile app.
Luno provides a feature called "Savings" that allows customers to earn market-determined interest on their bitcoin holdings. The Luno savings wallet can hold three distinct cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), and USD Coin (USDC).
Features
| Feature | Information |
| Average Trading Fees | 0.1% |
| Staking Offered? | No |
| Number of Coins | 6 |
| Crypto-to-Fiat Allowed? | Yes |
| Margin Trading offered? | No |
| Mobile App offered? | Yes |
FTX
FTX, based in the Bahamas, joined the cryptocurrency market in 2019 to become the most popular token exchange in the world.
With a market worth of more than $18 billion, it has quickly expanded to become one of the biggest centralized cryptocurrency exchanges.
Unlike its competitors, the controlled global cryptocurrency exchange FTX provides unique products, including derivatives, options, and leveraged tokens.
Features
| Feature | Information |
| Average Trading Fees | 0% to 0.4% |
| Staking Offered? | No |
| Number of Coins | 300 |
| Crypto-to-Fiat Allowed? | No |
| Margin Trading offered? | Yes |
| Mobile App offered? | Yes |
Binance
Binance is the most well-known cryptocurrency exchange in the world. Binance is a decentralized cryptocurrency exchange that was launched in China in 2017 by the programmer Changpeng Zhao.
As the largest cryptocurrency exchange by trading volume, Binance offers more than 365 cryptocurrencies that can be traded, and traders can expect competitive pricing.
Features
| Feature | Information |
| Average Trading Fees | 0.0% to 0.1% |
| Staking Offered? | Yes |
| Number of Coins | 365 |
| Crypto-to-Fiat Allowed? | Yes |
| Margin Trading offered? | Yes |
| Mobile App offered? | Yes |
KuCoin
2017 marked the launch of KuCoin, a cryptocurrency exchange headquartered in Seychelles. It has become one of the world's largest exchanges in terms of transaction volume since its founding. KuCoin offers its users a web interface as well as mobile applications for Android and iOS.
Features
| Feature | Information |
| Average Trading Fees | 0.0125% to 0.1% |
| Staking Offered? | Yes |
| Number of Coins | 600 |
| Crypto-to-Fiat Allowed? | Yes |
| Margin Trading offered? | Yes |
| Mobile App offered? | Yes |
Gate.io
Gate.io is a reputable cryptocurrency exchange for experienced traders wishing to purchase lesser-known coins.
Gate.io has just permitted the purchase of cryptocurrency through third-party partners with fiat currency debit and credit card payments. It includes advanced trading capabilities, like margin trading in some countries, and supports more than 1,300 distinct cryptocurrencies.
Features
| Feature | Information |
| Average Trading Fees | 0.2% |
| Staking Offered? | Yes |
| Number of Coins | 1,300+ |
| Crypto-to-Fiat Allowed? | Yes |
| Margin Trading offered? | Yes |
| Mobile App offered? | Yes |
Conclusion
With Cryptocurrency continuing to make headlines in financial markets, more traders are adding these digital assets to their profiles. Using our list of the best exchanges that are currently available, traders can easily find a suitable option that will meet their crypto trading needs and objectives.
