Try to find out how much of the exchange's assets are kept in cold storage (relatively safer than if they're kept online) and the various security measures they have in place to protect your crypto. In contrast, others rely on intense security practices to minimize the chance of a cyber-attack breaking through. Some platforms offer an insurance policy that protects your cryptocurrency up to a certain amount. For that reason, security is a critical factor to consider when looking at cryptocurrency exchanges. dollars in bank accounts, which the FDIC insures, your cryptocurrency (by itself) isn't insured by anything. If the exchange you're considering offers many services in protections and insurance, it may be worth it to pay the extra few percentage points in trading fees. Often, the easier a cryptocurrency makes it for you to purchase a coin, the higher the prices will be. That being said, don't let a high fee deter you. You could end up losing hundreds or even thousands of dollars if you're not careful. If you're planning on constantly buying and selling coins on the cryptocurrency exchange, make sure you find out precisely what the fee structure is. Here are some factors to consider when deciding which platform to pick.

What to Look For in a Crypto Exchangeīefore diving in and comparing Coinbase vs Gemini vs vs Kucoin, it's essential to understand what to look for in a crypto exchange. For each one, you'll learn what they're all about and also learn about the pros and cons of using them.

This post will do a detailed overview of four of the largest crypto exchanges on the market today: Coinbase vs Gemini vs vs Kucoin. If you're wondering which platform to use, this post is for you. Most vary in fees, services offered, and overall user experience. That being said, not all crypto exchanges are created equal. The platforms you're looking for are called crypto exchanges, and they allow you to convert your fiat currency into crypto assets effortlessly.Īlong with that, you can buy, sell, and trade cryptocurrencies with ease, potentially earning yourself some money (if you trade wisely). With cryptocurrency investing taking off, you're likely wondering how you can buy and sell certain coins.

Gemini fees