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Secure Cryptocurrency Platforms You Shouldn't Miss In 2021

Secure Cryptocurrency Platforms You Shouldn't Miss In 2021

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Where do you go to buy, sell and trade cryptocurrency?

Investors are looking for the right platforms, places that are secure environments for asset transactions, and compliant with the rules of national regulators. Experience has shown us over the past few years that trying to flout regulatory agency guidelines or recommendations almost always gets operators in trouble and sometimes jeopardizes assets held on a particular exchange.

With that in mind, here are some of the best places to do business in crypto.

Secure Crypto Exchanges

One of the most secure and established crypto exchanges around is Binance, a big name in digital assets that operates its own BNB token and has provided many on-ramps for crypto investors around the world, tying cryptocurrencies to national fiat money in new and exciting ways.

Although it has had its roadblocks, Binance is critically focused on regulatory compliance, as evident in this quote from leader Changpeng Zhao, who has a good reputation in the crypto community. But Binance is also revealing its credentials with transparency, for example, posting a list of licenses to operate in the majority of U.S. states on its website. These states don’t include New York, which has proven a tough apple to crack for the majority of exchanges.

Atani

Another top secure crypto trading platform is Atani. This is an up-and-coming exchange that is getting more attention as cryptocurrency becomes a more significant part of our lives.

Atani has abundant pairs, good tax reporting assistance features, and more. It's a great place to make crypto transactions in an open and compliant manner. It’s also a kind of “clearinghouse” environment: as a liquidity aggregator, Atani gets users access to most of the other stand-alone exchanges on this list! Its best-in-breed single-click tax documentation feature is another draw.

Coinbase

Another of the most secure exchanges around just got additional ballast in the form of a successful ICO. Coinbase has a lot of name recognition, an intuitive interface, and now, its own publicly traded token. It enjoys a good reputation as an exchange that's not carrying a lot of baggage and doesn't have too many skeletons in its closet.

 

Qualified Secure Cryptocurrency Platforms

These next three are also beloved by investors but have somewhat of a checkered past, which is why would say they are among the most secure and compliant platforms, but with some caveat.

Kraken

Kraken is definitely one of the biggest cryptocurrency exchanges around and has made a lot of progress in recent years. Despite some clashes with officials in the state of New York, Kraken has been able to broaden its territories and grow and scale in compliance with regulatory rules.

Bitfinex 

Traders who like this exchange still claim that it's one of the best environments to do business in. However, its connection with Tether and more enforcement from the New York Attorney General’s office related to a missing $850 million is a black mark on Bitfinex’s record that was still being hashed out in the courts until this past February.

Okex

As an international exchange with its own established footprint, Okex is a favorite of some traders. However, a lot of crypto fans remember law enforcement activity against Star Xu in 2020 and the fallout from that saga.

Any of these exchanges can be a place to practice cryptocurrency trading confidently. Take a look and pursue your own strategy based on your knowledge of what's happening in the crypto world, and where people are working most successfully with compliance and interface evolution. 

The bottom line is that these secure platforms can be right for your crypto strategy. By incorporating the right compliance and safety, these venues can help you to grow your value in this new financial segment. 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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