For those that are new to cryptocurrencies, there are far more crypto coins than the usual top coins. Currently, CoinMarketCap has 4570 cryptocurrencies listed on it, and our favorite CoinGecko has over 6,700 tokens listed!
To own and trade these altcoins, one needs to access an exchange that supports them. Below we are going to look at five of the best altcoin trading platforms for 2021. However, it’s important to note that these exchanges don’t always support all coins and tokens.
1. Binance
It’s the leading crypto trading platform in the world. When it comes to altcoin trading, this is the go-to exchange. Launched in 2017, its ascent to the top has been fast. The platform boasts the best trading volumes, and its USDT pairs of EOS, ETH, XRP, and BCH are not that far behind BTC trading.
Some other exciting first initial coins on the platform included NEO, ICON, and TRON, which you can read about our 2018 price prediction of here. But now in 2021 the exchange has hundreds of different trading pairs you can explore, and is even the hub for the quickly expanding BSC chain.
Want more info on how to use Binance? Here’s our guide on how to buy NEO on the popular exchange.
2. OKEX
Lately, the platform has shown strong volumes for ETH, ETC, XRP, EOS, TRON, and BCH. Which has something to do with the USDT trading pairs, as well as the BTC and ETH pairs. The platform also offers access to some obscure altcoins like Mithril, Origin Sport, and HYCON.
3. Huobi
This year has been exhilarating for Huobi. The exchange continues to note some strong daily trading volume. Its USDT trading pairs of ETH, BCH, EOS, and XRP have been generating a lot of strong volumes lately.
Other notable coins supported on the platform include ZCoin, TRON, ETC, OMG, Dash, and ZCash. (Read our Zcash Price Prediction 2018 article here, and our Dash Price Prediction article here).
Perhaps Huobi would be higher on this list if not for its lesser support for many small-cap coins.
4. Kucoin
Kucoin has historically been able to get coins before other major exchanges; jumping on exciting new projects and allowing them to see their first major trading volume days. We’ve featured some examples of that previously—including its posting of 0x before it started trading on Coinbase.
It has a native coin, KCS, that helps reward users for holding based on total trading going on on the platform. On Kucoin, you’ll find NEO pairs as well as BTC, ETH, and KCS. It has a wide range of altcoins with trading volumes on many among the top three of any exchange.
5. ZB.COM
Occupying the last position on our list is ZB.COM. This platform gets most of its traffic from Dash trading which is possible through BTC and ZB trading.
Also, other coins like NEO, XRP, BCH, LTC, and Qtum also help boost its volume. One can trade most of these coins against USDT. The platform also offers access to less popular coins like Standard Token, Paxos, Aeternity and ChatCoin.
There are many other places where you can trade Bitcoin or any other cryptocurrency with a decent volume. You can also check and see if you can find a Bitcoin Loophole or an opportunity to arbitrage trade crypto.
Bonus:
Although it only supports Ethereum based ERC-20 tokens, decentralized exchanges (DEXs) such as Uniswap or Sushiswap can make trading easy in some cases. But just know that these are typically for more advanced users, and they don’t support all tokens.
Basil has three years of freelance experience writing on disruptive technologies. He focuses on breaking news and education pieces; helping to spread the gospel of Blockchain. He hopes to have his own blockchain company one day; helping the world through its innovative ledger technology
