6 Best Crypto Exchanges of June 2023
Best Decentralized Exchange: Bisq
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PROS
- Supports trades with a broad selection of coins and traditional currencies
- Wide variety of payment methods
- Short verification process
CONS
- Mobile version only works for notifications
- Must trade with Bitcoin or BSQ only
Why we chose it: We chose Bisq as the best decentralized exchange because it follows the ethos of Bitcoin best by maintaining an open-source platform that is completely decentralized without limiting currency support.
Formerly known as Bitsquare, Bisq brings the clean, easy-to-use interface and vast coin support of centralized exchanges to a decentralized environment. The platform is built on open-source software, meaning its design is publicly available, and the project is funded by personal savings and donations from its community of users.
Bisq brings the clean, easy-to-use interface and vast coin support of centralized exchanges to a decentralized environment. The platform is built on open-source software, meaning its design is publicly available, and the project is funded by personal savings and donations from its community of users.
Additionally, the platform’s security features, such as multi-signature and a security deposit system, enhance the inherent safety and privacy of decentralized exchanges by ensuring that both parties act honestly and have complete control of their funds during the trading process.
Best $0 Commission Platform: Public
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PROS
- Regulated by the SEC and FINRA
- Fractional stock investing available
- Volatility reminders on cryptocurrencies
- Social trading lets you see what others are buying and selling
CONS
- Lack of technical charts and research tools
- Long waiting time for withdrawals
Why we chose it: We chose Public as the best $0 commission platform because, in addition to offering highly affordable trades, the exchange is remarkably easy to use and provides substantial educational content.
Public is a beginner-friendly platform that tries to mix accessible, affordable investing with an approach that puts financial literacy first. It does this by providing users with articles on a wide variety of investment topics, market updates and a daily live show called Public Live, where a panel of experts, analysts and journalists join to discuss market headlines.
It’s important to mention that Public is not a full-service cryptocurrency exchange. The platform focuses on stocks and ETFs first, meaning it lacks certain tools and operates fundamentally different from an actual crypto exchange. Most importantly, users cannot presently transfer crypto assets into or out of their Public account.
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Public has a variety of features that make it the best place to start trading. Start investing today!
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Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures.
