Best Crypto Exchange For Day Trading

Crypto Exchange Platform Overview

With so many exchanges and changing regulations around them, it can be challenging to choose a solid platform to start your day trading. 

Then, to add to the problem, you have to decide what your trading situation entails in terms of things like fiat currencies preferred, geographic location, and personal goals. 

At that point, it’s worth asking yourself, is day trading crypto worth it? For most, it’s only a matter of finding the best day trading crypto exchanges and comparing it’s features. 

There are many crypto exchanges available in the market. Some popular ones are Binance, Coinbase, Ledger, eToro, and FTX US for US residents. 

If you decide this is for you, the burning question becomes how to trade crypto daily? 

Some of these exchanges have a high volume for trading, and some don’t offer lower trading fees than others. 

There are also crypto wallets to consider when storing your digital assets. Some of the popular ones are Exodus, Ledger, and Cake Wallet. These wallets come with a variety of features such as multi-currency support, security features.

Keep reading to find out more about the best crypto exchange for day trading in the US.

Cryptocurrency Exchanges That Allow Day Trading 

The options below are a combination of wallet and exchange, while others are simply exchanges that offer a custodial wallet for practical trading purposes.

Coinbase

Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam. It was created as a platform for trading Bitcoins but has expanded to include other cryptocurrencies.

Coinbase is one of the most popular cryptocurrency exchanges in the world, with over 13 million users. It has been described as “the easiest place to buy” Bitcoin because it allows users to purchase Bitcoins with a credit card or bank account transfer without having to go through any verification process.

Key Features

Coinbase is a digital currency exchange that allows users to buy and sell Bitcoin, Ethereum, and Litecoin. It also offers a wallet service for storing digital currencies.

Coinbase features include:

• Buy and sell Bitcoin, Ethereum, and Litecoin
• Buy and sell digital assets
• Wallet service for storing digital currencies
• Instant buying or selling of cryptocurrencies

Among the many benefits, Coinbase has a large number of cryptocurrencies available for purchase, they also offer a variety of payment methods, including credit card, debit card, bank transfer, wire transfer, and PayPal. It is easy to buy crypto with Coinbase thanks to it’s fiat currency (USD).

They also guarantee security. If the site is hacked, your crypto is ensured. And if that wasn’t enough to convince anyone, the entry amount to create an account is among the lowest.

However, they also have what some people may consider high fees, and not the best customer support.

For more information see our articles eToro vs Coinbase, FTX vs Coinbase, Coinbase vs Paypal, and Coinbase Vs Wazirx.

Binance

Binance is a cryptocurrency exchange created by Changpeng Zhao, the CEO of Binance. It is one of the most popular exchanges in the world and has been increasing since its launch in July 2017.

Binance offers users a wide range of cryptocurrencies to trade with, including Bitcoin, Ethereum, Litecoin, and many more.

In addition, the platform also provides fiat trading pairs for USDT (Tether), EURT (Ethereum), JPYT (Japanese Yen), and GBPT (British Pound).

The company also provides users with a wallet service to store their digital assets securely on their platform.

Key Features

Binance is the world’s largest cryptocurrency exchange by volume and offers its users a wide range of features. The platform has low trading fees, fast transaction speed, and high liquidity. Binance also provides an API for developers to build their applications on top of the platform.

Binance Exchange Key Features:

• Low Trading Fees: 0.1%
• Fast Transaction Speed: 2 seconds
• High Liquidity: 100x more than other exchanges

Binance offers a wide range of trading pairs, which means that you can trade any cryptocurrency with any other cryptocurrency. Their fees are extremely low considering the competition, it’s one of the most secure exchanges in the world and it’s easy to buy crypto using USD, EUR, and more. They also offer a ton of extra services.

The only downside are the complaints about how difficult it is to withdraw funds from your account on this exchange.

This is one of the reasons we lean towards FTX US. Check here for a full review.

eToro

eToro is an online trading platform that offers its users a wide range of services. It was founded in 2007 and is headquartered in London, UK. The company has grown rapidly due to the popularity of its services and the number of traders it has attracted.

eToro provides its users with access to various financial instruments such as stocks, commodities, indices, currencies, bonds, and more. In addition, the company also provides its users with access to various tools such as charts and technical analysis tools for their convenience.

Key Features

EToro is an online trading platform that offers a variety of features to its users. It provides traders with the opportunity to trade on the Forex market, commodities, stocks, and indices. The platform also provides traders with access to over 100,000 assets worldwide.

The EToro key features are:

• Trading on the Forex market, commodities, stocks, and indices
• Access to over 100,000 assets from around the world
• 24/7 customer support

EToro stands out thanks to it’s low fees, high liquidity, wide range of available cruptos and their outstanding customer service. If that wasn’t enough to convince you, their account opening process is seamless and requires almost no effort.

The only real issue of eToro is the lack of real-time market data, you’ll have to check this by yourself elsewhere.

For more details on eToro check out eToro vs Coinbase, eToro Review,

Robinhood

Robinhood is a stock trading app that allows users to trade stocks without paying any commission. It was created by two Stanford students in 2013 and has since grown to be one of the most popular apps in the US.

The company has raised $363 million from investors, including Goldman Sachs, Andreessen Horowitz, and Sequoia Capital.

Key Features

Robinhood is a mobile app that lets you trade stocks without fees. It is one of the most popular apps in the US and has been downloaded more than 10 million times.

Robinhood offers a list of features that make it stand out from other trading apps. These features include:

• Free stock trades
• No commission fees on stock trades
• No account minimums or monthly fees
• No hidden fees or charges

When choosing this exchange there are no fees for buying and selling cryptocurrencies, no fees for transferring cryptocurrencies to other wallets or exchanges, and no fees for withdrawing cryptocurrencies to your bank account or credit card. The stock trading is also free without any commissions. It’s mobile app also works to charm, so you can buy and trade stocks on the move without any worry.

The only gripe one could have with Robinhood is their limited coins available to trade.

OverBit

OverBit is a decentralized exchange that allows users to trade cryptocurrencies without a third party. It is a peer-to-peer platform that uses smart contracts and blockchain technology to facilitate transactions.

The OverBit team has created this platform intending to make cryptocurrency trading more accessible and secure.

Key Features

OverBit is a blockchain-based platform that provides a decentralized, secure, and transparent way to store and manage digital assets. It has been designed to provide an easy-to-use interface for users to create their digital assets.

The OverBit platform offers features such as:

• A user can create their own token on the OverBit platform
• The user can use the token to issue dividends or share profits with other users
• The user can also use the token as collateral for loans or investments

OverBit has more than 100,000 registered users, a two-factor authentication that helps secure your account, advanced trading tools and an excellent customer experience. Their interface is one of the best. Easy to navigate and user friendly.

A setback that’s commonly associated with OverBit is the lack of fiat deposits, as the exchange doesn’t allow them.

The biggest problem is for people residing in the US are not allowed to trade on OverBit. We have a few other options that would work better for you. These include:

Blockchain.com – See our separate review or get your free signup here.

FTX US – We encourage you to read our review here or go directly to the and get 5% fee discount on all trades with this link.

Uphold – Offer zero fees on deposits and withdrawals with free signup.

Ledger

Ledger was created by Vitalik Buterin, the founder of Ethereum. He wanted to make an exchange that would be more secure and transparent than other exchanges in the market.

Ledger is a decentralized cryptocurrency exchange that uses blockchain technology to provide a secure and transparent platform for trading.

The company has been developing new technologies and products for years now. Their first product is Ledger Wallet – a hardware wallet that stores cryptocurrencies offline and protects them from hackers or malware attacks.

Key Features

Ledger is a digital ledger that helps you manage your finances. It is a tool that can help you keep track of your spending and income, as well as the transactions between them.

Ledger features include:

• A budgeting tool to help you manage your spending and income
• A transaction history to see how much money you have spent or earned in the past
• A list of transactions to see what has been bought or sold
• An expense tracker to keep track of all the expenses that you have incurred

Ledger has a wide range of cryptocurrencies to trade with, including Bitcoin, Ethereum, Ripple, and more. They offer a secure and easy-to-use interface for beginners and experts alike and an intuitive trading platform with advanced charting tools. Their design is tight and simple and setting up an account is a walk in the park.

They offer a great app to manage you crypto and it is very easy to use. Learn more here to get started on your crypto journey.

Plus500

Plus500 is a trading platform that offers CFDs on indices, commodities, stocks, and cryptocurrencies. It was founded in London in 2007 by two brothers – Michael and Leonid Avramov. 

The company has been growing steadily since its inception, with over $1 billion of assets under management as of 2018. Plus500 has been recognized for its innovative approach to the financial industry, with the company being awarded the “Best Fintech Startup” at the 2017 FinTech Awards.

Key Features

Plus500 offers a wide range of features to its clients. Some of the most popular features are:

• 24/7 customer support
• Trading on margin
• Trading CFDs, Forex, and cryptocurrencies
• Mobile trading app
• A variety of trading instruments

Plus500 has low fees, an easy-to-use interface and an extremely fast execution time. Their customer support shines for being quick and simple and opening up an account takes no time.

However, they have no mobile app. Plus500 only offers trading on desktop computers or through their website. They also don’t have crypto-to-crypto trading. Plus500 only allows for crypto-to-fiat trades, which means that you cannot buy cryptocurrencies with fiat currency (USD, EUR, etc.). So basically no USA.

Blackbull Associates

Blackbull Associates Cryptocurrency Exchange is a new cryptocurrency exchange that was founded in 2018. It is a platform that allows users to trade cryptocurrencies and other digital assets.

The company has raised $1 million in funding from investors such as the founder of the company, who has also invested $500,000 of his own money into the project.

Key Features

Blackbull Associates is a cryptocurrency exchange that offers a variety of features to its users. This list includes the following:

• 24/7 customer support
• Multiple payment options
• Advanced trading tools
• A user-friendly interface
• A secure and reliable platform

Blackbull offers 24/7 customer support, low fees, high liquidity and advanced trading tools. They can also presume a highly secure and reliable trading platform as well as an easy-to-use interface.

The few gripes are that they don’t offer fiat currency support and no advanced order types are available.

This is another platform that is not allowed in the USA. Once again our solution for this is using FTX US.

Webull

Webull has been designed with simplicity in mind, so anyone can use it regardless of their technical knowledge or experience with cryptocurrencies. The platform also offers its own cryptocurrency called WULL tokens, which can be used as payment for goods and services on the Webull marketplace.

The Webull platform is powered by blockchain technology and Bitcoin, meaning that any transactions made on the network are completely secure. Webull also offers a variety of cryptocurrency payment options such as credit cards, PayPal, and bank transfers to allow people to make purchases using their preferred method.

Key Features

Webull has many features that make it stand out from the rest of the marketplaces. Some of these features are:

• A user-friendly interface with an easy-to-use the search function
• A wide range of products to choose from, including electronics, fashion, and more
• An easy way to find sellers and buyers in your area

Webull is one of the most popular cryptocurrency exchanges in the world. It has an easy-to-use interface with a clean design. It offers trading pairs for all major cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and Ripple.

Webull charges no deposit fees or withdrawal fees. They offer 24/7 customer support through live chat or email, and the platform is available in multiple languages, including English, Spanish, French, German, Italian, and Russian.

However, there are some complaints about the platform being slow at times due to high traffic volume.

Eightcap

Eightcap is a cryptocurrency exchange that was founded in 2017. It is based in Singapore and has been operating since then. The company offers trading services for cryptocurrencies, including Bitcoin, Ethereum, Litecoin, Ripple, and more.

Eightcap offers trading services for cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ripple, and more. The company also provides an API to allow developers to build their applications on top of the platform.

Key Features

The Eightcap Cryptocurrency Exchange Key Features List includes:

• A user-friendly interface
• A wide range of cryptocurrencies
• An intuitive trading interface
• A secure and reliable trading environment

Eightcap is one of the few exchanges that offer trading in fiat currencies like USD, EUR, GBP, and JPY. They have low fees on all trades, an easy-to-use interface with charts and graphs for traders to make decisions quickly. Their mobile app for iOS and Android is excellent and their withdrawals are completely free.

There are some downsides. First is they don’t have an escrow service. And most importantly, people living in the US can’t trade on this platform.

Please see our review from our partners Blockchain.com or FTX US for more options.

Liquid

Liquid is a decentralized exchange that allows users to trade cryptocurrencies without a central authority.

It was created by Roger Ver, who also created Bitcoin Cash and Ripple. Liquid is currently in beta and has been designed with security in mind.

Key Features

Liquid is one of the most popular cryptocurrency exchanges in the world. It offers a wide range of features, including:

• A user-friendly interface and easy to use trading platform
• A variety of order types, including market, limit, stop loss, stop limit, trailing stop limit, and fill or kill orders
• A variety of order types for different markets like BTC/USD, ETH/BTC, and LTC/BTC
• An advanced charting tool with technical indicators like moving averages
• Advanced trading tools like margin trading

Liquid has low trading fees, fast transactions and offers high liquidity. They offer large stocks for everyone to invest in and the web interface is user-friendly.

However, the platform is not available in all countries.

Liquid has off-boarded US residents from Liquid, meaning that US residents are now restricted from the exchange and all of their services.

If in the US we encourage you to try FTX US or Blockchain.com

LocalBitcoins

LocalBitcoins is a peer-to-peer Bitcoin exchange that allows users to buy and sell Bitcoins for cash. It was founded in 2012 by Jeremias Kangas and Aron Nieminen. The company has been growing rapidly since then, with over 100,000 registered users from more than 200 countries worldwide.

The platform also provides escrow services, which means that both parties involved in the trade have to agree on a price before they can complete

Key Features

LocalBitcoins offers a wide range of features that make it easy for users to trade cryptocurrencies. These features include:

• A simple interface with an easy-to-use design
• A wide variety of payment methods, including bank transfers, credit cards, and PayPal
• An escrow service that protects both parties in case of disputes or scams
• A list of trading pairs with different cryptocurrencies

LocalBitcoins is a peer-to-peer Bitcoin exchange that allows users to trade Bitcoins for cash. It has been around since 2012 and the company has an A+ rating with the Better Business Bureau. They offer an escrow service unlike any other, the trading fees are low and they accept a variety of payment methods.

One of the only setbacks is there is no insurance for your funds, so if you lose your Bitcoins on the platform, you will be out of luck.

This offer is only available in certain states in the US which include: Illinois, Kansas, Montana, New Hampshire, New Jersey, Pennsylvania, Tennessee, Texas, Virginia, and Wisconsin.

See below for those that live in other US states.

Our Choice For Best Crypto Exchange For Day Trading

Since we are a US based company we are going to lean towards a cryptocurrency exchange that’s available around the world as we as in the USA.

Because of this we choose Blockchain.com and FTX US.

Blockchain.com offers a platform for storing, utilizing, and managing crypto assets and exploring transactions—while developing financial services standards and the infrastructure for crypto exchanges. 

For the complete review article please go here.

FTX is a cryptocurrency exchange established by traders for traders. Given its volume, FTX enables individuals to trade in cutting-edge goods such as derivatives that are first in the industry, leveraged tokens, and volatility products.

Click here to read the full article.

10 Best Crypto Exchanges For Day Trading (Video Review)

There are many crypto exchanges out there. Some of the main features to look for are ease of use, speed, variety of coins, security and customer care.

We hope this article on best crypto exchange for day trading was helpful in your decision.