Best Crypto Trading Platforms 2024!! (Full Guide & Review)

Best crypto exchanges – crypto trading platforms
Bybit $30,000 Bonus: https://bit.ly/Bybit-ZG
My Top Exchange (No US/UK)

Binance $600 Bonus: https://bit.ly/Binance-MZG
#1 Exchange (No US)

OKX $60k Bonus: https://bit.ly/OKX-ZG
Top Trading & Web3 Platform (No US)

Bitget $8,000 Bonus: https://bit.ly/Bitget-ZG
Good On-Ramps & Trading (No US)

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TIMESTAMPS:
0:00 Best crypto exchanges 2024
0:19 Crypto exchange PoR
1:01 Crypto exchange fees
5:11 Maker vs Taker
6:33 Crypto exchange fiat on/off ramps
11:54 Crypto exchange withdrawal fees
15:52 Best crypto trading platforms
20:40 Crypto futures exchanges
22:30 Best crypto trading bots
24:26 Web3 Wallets

USEFUL VIDEOS:
Bybit: https://youtu.be/L7_LjF1YsKw
Binance: https://youtu.be/FLaIOD9uGSg
Bitget: https://youtu.be/jycwF-_K7tk
OKX: https://youtu.be/gLpK5Q7kUUY

This video is for entertainment purposes only. It is not financial advice and is not an endorsement of any provider, product, asset or service. Crypto is high risk, you can lose your money. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. Crypto content or offers are not intended for UK residents. Do NOT trade products that are unsuitable or not allowed in your jurisdiction.

In this video a side-by-side comparison of the top five crypto exchanges including their trading fees their fat currency on an off ramps and all of the other features plus just some of my experience here having used all of these platforms extensively I will tell you which ones are the best for your

Specific use case timestamps for everything down in the description below before using any crypto exchange we can check a rating site like defi Lama to see how big the exchange is and if they have proof of reserves proof of reserves is cryptographic proof that the exchange holds client Assets in their wallets and

So we can see binance is number one and they hold $72 billion worth of clean assets if you want to dig deeper into any exchange you can click on these links and you can go down and see what assets they hold how much of them and

Then the inflows and outflows of all of those assets over time so it’s a great piece of information and totally free to have a look at to compare all of the exchanges as you can see the top exchanges right here these are going to be listed and we’ll compare them in this

Video the most important thing about choosing a crypto exchange for us is how much do they charge us it’s completely free to have a crypto trading account these exchanges only charge us when we trade and so they’ll charge us a percent of the volume that we trade so we can

Easily compare them between all of these exchanges now what you’ll get with these exchanges as well is deposit bonuses or sign up bonuses if you’re new I’ll leave all of those details linked down in the description you can see everything down there so you can go on and see if you

Deposit or trade you might be able to get a bonus it’s not available for every country so you’ll just have to check the links if that is available for you now from here as well with trading fees there are many different VIP levels and other types of discounts which can get a

Bit complex so what you can do is just go onto the exchange and they will have a rate card and you can see all of this so you can see the VIP lels and everything like that again you’ll find that via the links down in the

Description what you can also do is just simply pause right here and see some of the comparisons that I have but I’ll go through that very quickly to show you essentially what happens is you get a trading fee and then potential discounts from that based on how much volume that

You trade or the amount of assets you have on the platform so let’s start at what most people will be paying which is level one or the initial level you’ll be paying around 0.1% so in terms of who is the cheapest at this level it’s actually okx at

0.08% of your traded volume um now what you can also do is get discounts for trading volumes or some other specific things per exchange so what we can see is that on buybit and bitg if you have these amounts on the platform they actually bump you up to level two and

You get cheaper trading fees you can see how the trading fees actually get cheaper when you go into these VIP levels so it’s up to the individual whether they actually want to put that much on an exchange or most of us probably don’t and so we’ll just stick to this level of

.1% now coinbase as you can see is just way more expensive than all of the other exchanges they always are with this type of thing so I’ve put it there as an example because coinbase is a trustworthy Exchange in my opinion you know and is available in most countries

But certainly they are not the cheapest with trading fees so okx are great at this level now as you can see for extras what some exchanges do is give you discounts for certain things so on binance if you pay with BNB so you’re actually paying trading fees not in any of the

Currencies that you’re trading but you go ahead you buy some BNB coin and that is binance’s coin and they will give you a 25% discount for paying trading fees in BNB so you can buy like $10 worth of BNB coin and then you get a 25% discount

On your fees you can see that right here on binance the BNB 25% off it actually takes it down to 0.075% that you’re paying with your trading fees and so that makes it basically the cheapest one if you want to do that now BNB is a risk asset and

It can go up in value it can go down in value and it may go down in value more than 25% or if it even goes down 10% in value then you’re not getting as big a discount so again that’s up to the individ individual whether they want to

Do that coinbase and buybit don’t do this okx give you some discounts if you have 100 okb on the account so 100 okb as of making this video is around $5,000 so if you have that you can uh get these discounts now for bitg they have their

Token bgb and you can get a 20% discount there if you pay fees in that and that takes the fee down to 0.08% so you you can see they’re very very competitive and depending on what you want to do you can get some discounts but this is extremely cheap

Trading crypto on these exchanges very very low cost compared to most other types of exchange as you can see on this table as well there is actually a spread between the fees so for example on coinbase it’s 4 to 6% on okx it’s 08 to .1% why is there a difference there well

That is known as maker versus taker fees and so depending on what you are you may get either the cheaper or the slightly more expensive fee now for most of these exchanges you can see it’s exactly the same so you don’t have to worry about it

If you trade crypto and you use limit orders and you put your orders onto the order book and show them you are a maker of liquidity if you just use Market orders which is a much simpler way to trade or you just use the convert features which are very simple you are

Taking other people orders off the book and you are what’s known as a taker now makers because they make liquidity on the exchanges that’s desirable and so sometimes you get cheaper fees for doing that if you take other people’s orders off the book that’s not so desirable for

The exchanges and so you may pay a slightly higher fee you can see coinbase and okx do this right here the others in the spot Market don’t bother and just give you a flat rate whether you’re a maker or a taker I have four tutorial videos for all of these exchanges if you

Want to know how to open account how to trade how to get fat currency on and off and so I’ll leave those videos linked down in the description as well but from here we’re going to look at the fiat currency on and off ramps which is obviously really important to get money

In and out of these platforms now again depending on which country that you’re in this is going to be wildly different in some countries it’s really easy you can just send in a bank transfer and 20 20 minutes later you’ll have the Assets in your account in other countries it’s

A little bit more difficult some of the banks don’t play with the crypto exchanges you might have to use fintech applications like revolute or Zen or something like that so that’s going to be up to you and the country that you live in however there is a range of

Options for most crypto exchanges so the first one is to Simply use a card to pay for crypto directly they all accept this but the fees are very different for binance they try and keep it around 1% but sometimes it’s a little bit more expensive for buybit you can see and the

Others you’ll be paying around 2 to 3% coinbase again is extremely expensive here for using a card so I would not recommend that for coinbase 4% is just outrageous with cards it’s very simple what you can do is just go to the buy crypto feature in a lot of the exchanges

So buy crypto here and then put in a f currency that you want to pay with from your card and put in the amount of the crypto that you want to receive and you know it’s going to do that for you now when you do this the fees are very high

You’re paying a couple of percent for the card processing and you’re paying a exchange rate that also isn’t going to be very competitive so it’s the most expensive way to do this but it is very convenient so you just add a card you’ll need kyc that is you know your ID uh

Registered with the exchange and they’ll let you go ahead and do that so that’s how it works on binance you can see it’s very similar for bybit as well you simply put an amount in and then you look for the supported Fiat currencies now again fat currency support is going

To be different depending on which country that you’re in uh so as you can see here on bybit you’ll just have a list of supported currencies um USD is mostly not supported for most of these exchanges now if they operate outside of the US um obviously coinbase is much

Better in that regard which is why I chose this one so in terms of banks as you can see around 35 currencies for binance 20 for bybit on okx they do peer-to-peer now in your country they may have banking options again it’s just going to um be dependent on where you

Live for bitg they have Euro Brazilian and Turkish currencies you can see here with very very low fees uh for coinbase they have very very good banking support generally for banks you should be paying a very very small fee or no fee whatsoever to deposit onto the exchange

There may be a small fee that you get but usually this is much much cheaper than using a card and so this would be recommended the other way of doing things is to use a payment processor like a fintech application so Zen or Advanced cash or ADV cash or one of the

Others and if they are supported you can essentially get your F currency into there switch it into a currency that’s supported on the exchange and then send it into the exchange what they’re going to do is just ask for some of those details so as you can see you can choose

Them as a payment option so depending on the currency you’re going to have different options here so you can choose the one that you can use and then what it will do is just go and give you some information where you have to send so what I would always recommend is doing a

Test transaction first where you put some money in and check that the the rails are working and once you’re comfortable then going and putting you know the amount that you want to trade with as you can see here as well a lot of the exchanges have PTP markets which

Which is peer-to-peer this is where they meet um you know payment processes and yourself so you can actually send a payment to a payment processor and essentially buy the crypto and that will get sent directly into your account so the crypto exchanges here are acting more like escrow agents where they have

Your details and they have the other Traders details who you know Works uh with the exchange they’re a separate entity but they’re you know becoming a P2P processor and then you can can send the money within your country and now release the crypto and all of that is

Held in escrow at the exchange so there’s many different options here you can see that for okx they believe in in where I live that P2P Express will be the cheapest a bank transfer is going to get me the most crypto because what you want to do is get the best exchange rate

And the lowest fees and that would usually be a bank transfer so you can do that directly with the exchange or PTP may be an option for your exchange as well uh where you do that and the crypto get sent to your Exchange in terms of with withdrawals that’s going to be card

Or bank again through the same processes for coinbase they actually uh accept Paypal withdrawals only so if you want to cash out interfere currency and take it out you can use PayPal card or bank so you have to um do your kyc at the exchanges that is your ID card so they

Know who you are and then use one of these options if you want to deposit crypto into these exchanges that’s completely free what many people do is find that a certain app or company is actually a really good on-ramp in their country where they can easily send in F

Currency and turn it into crypto but those on-ramps tend to be a little bit higher fee and so what they do is take that crypto from the good onramp and send it out via a crypto Network into these more professional exchanges and so doing that of course when you’re using a

Blockchain network that costs a little bit of money so what we’re going to look at is what are the deposit and withdrawal options on these exchanges like I said depositing to a crypto exchange is completely free but when you want to withdraw from one you have to

Play a blockchain fee all we need to know is are any of these exchanges ripping us off and charging us way more than everyone else and the answer mostly is no so for Bitcoin as an example on the Bitcoin Network you can see the fees right here as of making this video um

You know okx and coinbase are the cheapest and then by and bitg are the most expensive for that specific Network and that specific asset Bitcoin somewhere in the middle they’re not a crazy difference but you know obviously if you’re withdrawing smaller amounts paying the difference between 10 bucks

Or 20 bucks may actually make a bit of a difference you can also see here that binance and okx actually support the lightning Network on bitcoin as well lightning is a layer to on bitcoin for payments and it’s much cheaper as you can see in binance and okx support that

And the others don’t as another example ethereum again the ethereum network is expensive but we just have to check the difference between the exchanges to make sure we’re not getting ripped off on any of them coinbase is cheap here as well they’re probably subsidizing that the

Others are in a ballpark around $5 to $7 and you can see that they support many scaling chains as well so instead of using ethereum many people use arbitrum or optimism which are layer twos on top of ethereum similar sort of thing but much cheaper and so these are supported

Across all the these exchanges and you’re paying you know 20 to 30 cents so they’re all in a ballpark and no one’s really ripping us off too much for tether which is a stable coin if you want to send that in and out of the exchanges depositing to these exchanges

Completely free withdrawing from again just a mix of different networks here on ethereum it’s more expensive but on the scaling layers arbitrum you’re paying around you know 80 cents to a dollar so they’re all in the ballpark and I think they’re pretty much you know more or

Less the same not getting ripped off now of course when using crypto exchanges you want to know how many networks do the exchanges support because if you’ve got a on-ramp that you use and you can send usdt via polygon or salana which are you know tend to be cheaper you want

To know that the crypto exchange here that you want to use accepts that asset on the network so you can pay the cheapest fees also with drawing you want to know that they actually support all of these networks because if you want want to withdraw to your own wallet or you want

To use a blockchain you of course need that blockchain supported so as an example withdrawing from okx uh just Bitcoin here you can see the withdrawal networks and you know we’ve got Bitcoin and lightning as you can see here um we can also edit the assets that we can

Withdraw so if we go to usdt and we’ll click onchain and we’ll go next then we can select the withdrawal Network you can see many supported so we’ve got ethereum Tron polygon salana AV launch arbitrum optimism so as a brief overview you can see I’ve got the network support

Here for binance and okx is excellent for bitg and bybit I’ve put very good and for coin for coinbase it’s just okay they don’t support many networks the major networks are there but some of the ones that you might want to use aren’t supported so you’ll have to use the

Other exchanges for that now we’ll compare these spot trading platforms on all of these exchanges so binance is really the industry leader it is the largest exchange it has the highest traded volume out of any of the other exchanges and so they all tend to look

Very similar to binance in terms of the layout and all of the features that we get so of course on a trading screen we need to choose the assets that we want to trade so there will be a box for that where you can just click and search for

The typical asset that you want to buy and then the amount of trading pairs from there you have the order book which is the you know the orders on the exchange and the actual Market and you can see that the price of the asset that you’re trading and then somewhere on the

Screen there will be an area to input your orders you can actually change layouts on most of these exchanges so for right now we have kind of the typical layout which is the buy and sell buttons as you can see here which are separate if you go up to some of the

Settings and styles you can actually change this around for example the advanced feature many people use this layout which just moves the order book over here and then the buy and sell is actually one button and you can switch between between them just by clicking here now for right here you have the

Chart and most of these exchanges will give you trading view which is free charting software um but it has more advanced features it’s a great feature just to have directly in the exchange that you’re using right so if we look at the layout for the other exchanges we

Have buy bit here again it’s very similar you have the search box the chart the order book and then buy and sell right here for us if we look at okx it’s very similar still you have a lot of options here in these spot market so

We have the exchange and we are trading and we’re in the spot Market here so you can actually search for that spot and then look at different assets that you want to trade you can search them all right here and then left we have buy and

Sell but again like I said you can change around the uh layouts this is bit get again slightly different layout but all the information we have the order book here and then we have buy and sell uh that we can manipulate there for coinbase it’s a little bit different

They are the only one that don’t give us trading view in the platform which is a slight disappointment although coinbase’s options here are pretty much the same um but slightly worse than trading view unfortunately uh for here as well you can see we can change the uh

The time Horizon on the chart this is not as many uh different time Horizons as you can get with the other other exchanges for some reason I’m not really sure on the right hand side you can see buy and sell right here now the layouts

Are fine but what we really want to know as a Trader is what is the uh spread between buy and sell and what’s the order book depth and liquidity and how many trading pairs can we trade because that’s really what we’re looking for in exchange right we

Can click a buy and sell button but what we need is how many trading pairs are there typically binance and okx are very good in terms of the amount of trading pairs that they have so you can see that Bitcoin here trades against usdt FD USD USD which is another stable coin TUSD

Which is another stable coin Brazilian roale Euros rubles Turkish Lura usdc and a few other fat currencies right here there’s a lot of trading pairs there that you can use and it’s going to be very useful for a lot of people on other exchanges you’re not going to have as

Many trading Pairs and that’s why binan is you know the market leader also what we can see here is that the spread between buyer and seller is very very low it’s actually 1 cent as a spread between buyer and seller and what that means is that the spread is very very

Low which is good for us because the spread is a cost of trade when you buy and sell immediately you get a slightly worse price and that’s known as a cost to the trader so what you want to look out for is an exchange that has deep

Liquidity a lot of uh vol volume and Traders on the platform and like I said binance is really the market leader but if you’re trading big pairs you don’t really have to worry about it too much because on these exchanges it’s going to be pretty good no matter what right you

Can see there’s a scent spread on viit as well on okx the spread is a scent as well right so you just have to make sure that there’s trading volume deep liquidity on the exchanges binance okx buy a bit of the top in the industry um

But you’re not going to really face many issues with any of the exchanges because and they have good volume if you’re trading smaller coins you may find that liquidity dries up a little bit and so you have to just check on the exchange what the liquidity is like but these are

The top five exchanges so you shouldn’t have an issue if you are a more active Trader all of these platforms do support crypto Futures Trading even coinbase now which recently added the feature but their trading fees are insane and so I couldn’t recommend it the others are much more competitive now crypto Futures

May not be available for you if you’re in a country that allows it then you can see the trading fees between these exchanges or you might have to become a professional or accredited investor and do a questionnaire with the exchange before they let you trade in any case

Trading fees are much cheaper in the Futures market and you know Futures are for more active trading as you can see the trading fee starts around 0.02% on all of the exchanges and then goes up to around 05% pretty standard amongst them if you

Do move up to the next tier in terms of trading volume you need to do this much trading volume and then you can get these cheaper fees you can see maker and taker fees um are a little bit different for the uh Futures Market versus the spot Market bitg actually let you trade

The least amount before moving you up into that cheaper tier however there is no discount on trading fees with bgb token in the Futures Market that you do get in the spot Market on bitg and for binance they take the discount just down to around 10% for okay X if you don’t

Think you can do 50 million a month in trading volume which is of course a lot then you can buy 100 okb as of making this video around about $5,000 something like that and you can actually move down in your trading fees as well so there are different options for the trading

Fees now coinbase I think are doing a promotion initially when launching coinbase Futures Trading but according to their fee schedule it’s literally exactly the same as the spot Market which for futures is crazy and so you’ll be paying a ton in trading fees so I couldn’t recommend using coinbase here

But now maybe a couple of the exchanges are standing out to you as being more professional featur and very competitive on fees there are some extras though so we’ll look at trading Bots first these can range from very simple Bots that just automate our trading for example

Getting us good average prices for our trades or buying crypto once a week automatically to more active strategies now these ones have pretty much the same Bots coinbase does doesn’t have any Bots except for letting you automate your buyers once a week so known as dollar cost averaging for the other platforms

They’re very very in depth so for binance you have grid trading here you have algo orders which allow you to get decent average prices for larger trades and then Auto investing where you can set up portfolios and you can Auto invest in them you know over periods of

Time for okx they have a f a fantastic platform different types of orders that you can trade uh different ways of dollar cost averaging into more active trades and something unique about okx is the Arbitrage Bots uh so you can actually set up more complex Arbitrage portfolio trades which are really uh interesting

And a lot of more professional Traders would obviously go towards this the Arbitrage Bots are fantastic on okx and I haven’t seen them on any other of the platforms which is why I just gave okx excellent here just for having that extra feature but if you’re more of a

Normal Trader and just wanting some simple dollar cost averaging or Auto investing the other platforms are going to be great for you as you can see for bybit you can have your algo trades and some other position Builders so very good for there and bitg have this as

Well so trading Bots you can have the more active grid Bots uh some you know CTA right here which is short-term strategies uh and Martin Gale which again is a more active strategy so in terms of the Bots I give it to okx the others are decent and you know coinbase

Just you know there nowhere to be seen a feature where binance and okx really Excel is their web 3 wallets in your exchange application at the top there will be a tab that says web 3 if you click that it will open up a blockchain wallet for you directly within your

Exchange application from here it’s easy to get crypto from your exchange into a blockchain wallet and then use decentralized applications it’s easy it’s simple it’s convenient and they use what’s known as MPC wallet technology to make things really secure as well this is a brilliant feature from binance and

Okx which really is amazing binance’s is brilliant but okx is is one of the best products I’ve used in crypto especially if you don’t want to deal with many wallets you can really easily use web 3 directly within your exchange app buybit don’t have their own wallet so you have

To use third parties bitg do have their own wallet it’s called bitg wallet I believe but it’s a separate application it’s not within the exchange and coinbase uh they do have a brilliant wallet called coinbase wallet but again it’s not in the application it’s a separate

App and it doesn’t use MPC coinbase do have a web 3 wallet within their application but they own the wallet and so it’s not really yours and it’s very different to what binance and okx give you it’s really outstanding and if you want to use crypto I would highly

Recommend either the binance or okx is web 3 wallets in any case even if you don’t use the exchanges I’ll leave links to all of the exchanges and the potential deposit bonuses at the top of the description and the other helpful videos in there as well I’m James this

Man zg cheers for watching and I’ll see you in the next one