Where to Exchange ETH to AION With Minimal Fees?
The growing popularity of cryptocurrencies in recent years has resulted in millions of crypto users around the world — 81 million Bitcoin holders only in 2022. In general, there are more than 19 thousand crypto assets on the market. Consequently, crypto exchange platforms are experiencing fast development as well.
But how to find the best crypto exchange platform for swapping ETH to AION, for example? Which criteria to consider? Check the top 3 crypto exchange services in the article.
Top 3 Exchange Platforms with Affordable Fees
As of June 2022, there are around 600 cryptocurrency exchanges on the market — decentralized and centralized. Below are services suitable for safe trading with low transaction fees.
One of the most popular decentralized cryptocurrency exchange platforms is Poloniex. It was founded in 2014 and now offers options for experienced traders (an active platform) as well as for newbies in crypto (a basic platform). The active platform allows you to view recent trades, your orders in progress, or a summary of the outstanding order book.
Trading fees on Poloniex vary, but the highest one ranges at around 0.155%, which is very low if compared with other services. Poloniex has more than 350 different crypto assets to offer. You can find here popular assets with a high capitalization rate, as well as rare coins.
You can purchase crypto with your Visa, MasterCard, and even Apple Pay. Android and iOS apps are also available for your convenience. Remember that Poloniex is a self-service platform, where you should take care of your account on your own.
Kraken was founded in 2011 in the US and offers its service to clients in most countries of the world. It is a centralized crypto exchange platform with the possibility of exchanging or trading cryptocurrency. Among the main pros of Kraken are high liquidity, a simple interface for beginners, and around 110 cryptocurrencies available.
You can trade on Kraken all popular crypto assets such as Bitcoin, Ethereum, Dogecoin, etc. Moreover, it offers margin and futures trading.
There are two types of Kraken platforms, and each of them is meant for different types of users. The main platform is simpler and designed for beginners, while Kraken Pro offers more advanced features for experienced users. Note that fees also differ.
There is a 1.5% fee for buying crypto on the main Kraken platform and 0.9% for stablecoins. Additional fees depend on the payment method. Kraken Pro offers a flexible fee system, where you pay less if your monthly trading volume is high. The highest maker fee is 0.16%, while the taker fee is 0.26%.
Launched in 2018, Godex allows you to exchange crypto online. This decentralized platform has made its way to being one of the fastest services — order execution time is 5-30 minutes. Godex does not require its clients to provide any personal information, so you stay anonymous while using it.
You can swap more than 300 cryptocurrencies without any limits. Also, once you are ready to make a swap, the system will fix a rate for you, so you don’t have to worry about price fluctuations. The safety of using Godex is guaranteed by high protection against DDoS attacks and an SSL certificate. There are affiliate programs for extra profit.
One of the biggest advantages of using Godex is that you will not be charged for using the platform. However, you are still required to pay a miner’s fee.
We should expect to see more and more crypto exchanges appear on the market as crypto is gaining momentum. Nevertheless, every trader will continue to seek a platform with intuitive design, low fees, and secure transactions.
A high range of available cryptocurrencies, anonymity, fixed rates, and availability of additional tools are crucial for experienced traders. So, if you are familiar with crypto and searching for the best platform that suits your needs — look no further and pick one of the described above.