OP 04 December, 2022 - 05:38 AM
(This post was last modified: 04 December, 2022 - 05:46 AM by Slatey. Edited 1 time in total.)
With the recent collapse of FTX there has been a huge surge in the amount of crypto being taken off platforms, and while that is a good idea there is some features a cold storage wallet does not have.
So CoinMarketCap has gone ahead and launched their new feature which tells every user if the exchange shown an **audited** proof of reserves. Here are the safest and the best exchanges to store money on without having the fear of losing them.
(1) **KuCoin**
KuCoin is one of the top 2 (previously 3 if you included FTX) exchanges in the entire world. It is known for its large selection of altcoins and its very user-friendly interface.
KuCoin also has Spot, Futures (Derivatives), P2P, Trading bots and other facilities.
More details about KuCoin and its reserves are listed on this website. https://coinmarketcap.com/exchanges/kucoin/
(2) **Binance**
Although Binance is not friendly for users that do not want to give all their identity information, it is still a robust platform for all trading needs. It is the safest exchange with the option of even trading options contracts. (get it? option of... nevermind) It also has a plethora of staking, savings and other investment products like dual investments and liquidity farming. Binance, however, does not have as many altcoins as KuCoin.
More information about Binance is available on this website.
https://coinmarketcap.com/exchanges/binance/
(3) **Houbi**
Houbi is one of, if not the oldest Crypto exchange on this platform. Houbi has been running since 2013 and has again showed its proof of audits. It has amazing welcome rewards, dedicated support and a well balanced user interface which is easy to interpret.
It also features a wide selection of coins, and get this, it has the copy trading feature. A very demanded feature for newbies in trading. It also has crypto loans, crypto options, crypto trading bot and other options. In my opinion this is the best exchange and safest exchange to use at the moment (not financial advice). It is a perfect blend between Binance and KuCoin.
Information about Houbi can be found here. https://coinmarketcap.com/exchanges/huobi/
Not copy pasted
So CoinMarketCap has gone ahead and launched their new feature which tells every user if the exchange shown an **audited** proof of reserves. Here are the safest and the best exchanges to store money on without having the fear of losing them.
(1) **KuCoin**
KuCoin is one of the top 2 (previously 3 if you included FTX) exchanges in the entire world. It is known for its large selection of altcoins and its very user-friendly interface.
KuCoin also has Spot, Futures (Derivatives), P2P, Trading bots and other facilities.
More details about KuCoin and its reserves are listed on this website. https://coinmarketcap.com/exchanges/kucoin/
(2) **Binance**
Although Binance is not friendly for users that do not want to give all their identity information, it is still a robust platform for all trading needs. It is the safest exchange with the option of even trading options contracts. (get it? option of... nevermind) It also has a plethora of staking, savings and other investment products like dual investments and liquidity farming. Binance, however, does not have as many altcoins as KuCoin.
More information about Binance is available on this website.
https://coinmarketcap.com/exchanges/binance/
(3) **Houbi**
Houbi is one of, if not the oldest Crypto exchange on this platform. Houbi has been running since 2013 and has again showed its proof of audits. It has amazing welcome rewards, dedicated support and a well balanced user interface which is easy to interpret.
It also features a wide selection of coins, and get this, it has the copy trading feature. A very demanded feature for newbies in trading. It also has crypto loans, crypto options, crypto trading bot and other options. In my opinion this is the best exchange and safest exchange to use at the moment (not financial advice). It is a perfect blend between Binance and KuCoin.
Information about Houbi can be found here. https://coinmarketcap.com/exchanges/huobi/
Not copy pasted
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