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Top 5 cryptocurrencies to swap rare coins

by Lily White
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The number of cryptocurrencies has already exceeded 20,000. Most likely, not everyone will survive the current crypto winter. During periods of crisis, experienced investors get rid of the most high-risk assets and transfer their savings to more reliable assets.

However, even in more favorable times, it is not at all superfluous to regularly revise your investment portfolio and adjust its contents. There can be a lot of reasons to sell any coin, and not all of them are frankly sad. People do the same to achieve the calculated goals of the price movement.

Where to buy rare coins

Reasons to buy cryptocurrency, including rare ones, are also quite enough. Several hundred cryptocurrency exchanges operate on the Internet, where you can find everything. With some coins, everything is extremely simple. For example, Bitcoin, Ethereum, Litecoin, Dogecoin, Ripple and a dozen more coins are supported by almost every first platform. Choosing BNB vs BUSD, you will see for yourself that they are widely represented outside of their native ecosystem.

It is more difficult with rare and little-known coins, which may be traded on the same little-known sites. Among the possible search options is to study the listings of exchanges that offer the largest selection of coins.

Gate.io

Gate.io can be safely called the leader in terms of the number of supported coins – more than 1500 assets. In addition to popular coins, the listing includes assets that the exchange considers potentially promising. A huge choice also has a downside: the platform interface is quite complicated. The exchange works with fiat currencies, but their choice is limited to the US dollar and the Korean won. Crypto-fiat exchange is possible on the p2p market. Spot, margin and futures trading is available.

Commission fees are relatively small, the size of the commission is calculated depending on the trader’s trading volume. The exchange has a fairly high liquidity ratio. The option of copy trading and the possibility of passive income are available.

Verification is not required, but recommended. Verified users get more freedom of action. Since 2021, the exchange has had a compensation fund in case of a hack, although so far there has not been a single incident.

MEXC

MEXC was launched in 2018 and has become quite popular in Asian countries. In terms of the number of supported coins, the site is somewhat inferior to Gate.io, here a little less than 1500 coins are available to users. Crypto-fiat exchange is possible, including through the p2p market. MEXC supports DeFi staking, liquidity mining, farming.

For greater account security, it is recommended to set up 2FA. You can trade on the exchange without verification, but you won’t be able to do without it: only verified users can withdraw money. In addition, anonymous users do not have access to some other functions, in particular, to margin trading.

KuCoin

The platform has been operating since 2017 and is one of the leading cryptocurrency exchanges. More than 700 coins and tokens are available to users, including rare ones and a native exchange token. Spot, margin and futures trading is supported, there is a large selection of ways to earn passive income. Crypto-fiat exchange is supported, including the p2p market. Verification is not required, but without it, crypto-fiat operations on the exchange itself are not available.

Huobi

Huobi is one of the largest exchanges in terms of trading volume. The platform is known as one of the most reliable crypto exchanges currently operating. For 9 years of existence, not a single incident of hacking has been recorded. At the same time, the management took care of the compensation fund.

Registration is open to users from most countries of the world, and verification is not required. Anonymous clients can trade, albeit with some restrictions.

At the moment, over 630 coins are available for trading, including native token and rare tokens. It supports spot, margin and futures trading, as well as options. There is a possibility of passive earnings and a referral program.

LetsExchange

The LetsExchange fast cryptocurrency exchange service will help you if a manual search on the exchanges did not return any results. You don’t even need to register to access the exchange widget. The service supports about 2000 cryptocurrencies. Here you can easily, quickly and safely exchange any coins in any available direction.

 

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