Blockchain and Cryptocurrency Beginner - Decentralized and Centralized Exchanges - Centralized Exchanges Examples

Binance Exchange

For me, when it comes to centralized exchanges, there is no single doubt that Binance is one of the best and one of the biggest, if not the biggest centralized exchange by volume. One of the main reasons why I like Binance is the user experience which for me is key when using any centralized exchange. The Binance exchange is part of the Binance ecosystem as the binance ecosystem comprises of various elements like binance DEX, trustwallet, coinmarketcap and a host of other services.

The main reason why I like Binance a lot is because of the volume. Since Binance is one of the biggest, if not the biggest crypto currency exchange, it attracts a lot of users. Also, I like the user experience on the Binance exchange... Binance has put in a lot of focus to ensure that the user experience on their website is good. Almost every thing is easy to find and access. The Binance savings is another great aspect of Binance, offering great APY and interest rates on both their flexible savings and fixed savings. Overall, Binance is at the top of my list when it comes to crypto exchange.

Probit Exchange

Probit is another exchange I like a lot, not because it is that of a big cypto exchange, but simply because of its simplicity and ease of use. I know Probit can't be compared to the likes of Binance, Coinbase, Kucoin, Huobi, and many more, however, when it comes to simplicity and ease of use, Probit Exchange tops the list for me. Probit is definitely a top 50 crypto exchange and one of the homes for altcoin GEMS.

Probit is na easy to use and secure exchange and one of the main reasons I like to use Probit Exchange aside from the simplicity and ease of use, is low barrier of entry, which means that it is very user friendly especially for anyone who is new in the crypto space. Secondly, there are a lot of coins that are on Probit Exchange that isn't yet listed on bigger exchanges like Binance or Coinbase, this is great because we all know the influence this big exchanges has on the prices of cryptocurrencies.

Simply put, because of the lower listing fees, it is easier for new projects to list on Probit as an entry level exchange before aiming for the big dogs like Binance. Anyone can capitalize on the opportunity to buy coins on smaller exchanges because when it hits the big exchanges, the price of the assets tends to pump hard. There are amazing features on the Probit Exchange that makes trading smooth.