You will need an exchange to trade, invest and buy cryptocurrency. This site functions exactly as an online broker for buying shares on the stock exchange. They will allow you to purchase cryptocurrencies such as Bitcoin, Ether and Cardano.
We will tell you which are the top crypto platforms in 2022 to avoid any disappointments and avoid potential pitfalls. We considered security, fees, features and cryptocurrencies available for purchase. Quality of interfaces and apps was also important.
The 2022 ranking of the top crypto platforms:
- eToro
- ZenGo
- Binance
- Crypto.com
- kraken
Warning: Cryptocurrencies can be volatile assets. It is risky to invest in, trade and buy crypto. Be aware and only lose what you can afford to lose.
Contents
These are the best exchanges and sites to buy cryptocurrency
Now it’s time for us to announce our choice for the best cryptocurrency platform in 2022. Our teams took the time to compare all players in order to make the best comparison. This ranking was created to save time and to prevent you from visiting a site offering poor crypto-currency exchange services.
You’ll find the crème de la creme. We invite you to explore the best platform to invest in crypto in 2022.
1 – eToro – The best cryptocurrency trading platform
We believe that eToro offers the best platform to invest in cryptocurrencies after extensive research and testing.
It excels in all aspects important to consider, including security, regulation, choice and asset allocation, as well as simplicity.
Here are the key advantages of eToro. Take a look at our eToro Review to see our full analysis and to test.
- Regulated Platform (CySEC + PSAN)
- Simple and intuitive interfaces
- Ideal Beginner (demo account).
- Assets (CFDs: cryptos and stocks, etc.)
A user-friendly interface and application
eToro aims at being one of the easiest cryptocurrency trading platforms. We have been able to confirm this after testing it for quite some time. eToro is the best website to not only start trading but also to trade more seriously.
Everything you need to know is there to help you navigate, right from the registration process to purchasing cryptocurrencies. The screenshot below shows you an overview of the eToro website interface.
Interface of the eToro site which allows you to invest in crypto-currencies © eToro
eToro does not have a limited web interface. It had to provide an application in order to climb to the top of this ranking for the best crypto platform. It is true. This is exactly what the website says: easy to understand and user-friendly.
You can view your portfolio’s status and make purchases, trades, monitor prices, or monitor them.
These are just a few of the many features available. eToro is different from its competitors by offering social trading and a copy trading function. These two features have earned eToro a worldwide reputation.
78% of retail investor accounts at eToro lose money trading CFDs. It is important to understand the basics of CFDs and whether you are able to afford to lose your money. CFDs are used for cryptocurrency trading on eToro.
Copy trading will allow you to trade the same trades that the most successful investors on eToro. Social trading allows you to exchange and compare your opinions with other investors.
There are many cryptocurrencies available, as well as other products.
eToro is the best platform for investing in crypto-currencies. This is due to its large number of assets. There are more than 30 different crypto-assets. This number changes as eToro adds new cryptocurrencies regularly.
You will currently find the most desired crypto-assets in every case: Bitcoin, Ethereum and Cardano.
Unlike ZenGo, which we will show you in the remainder of our 2022 comparison, eToro doesn’t allow you to buy or own a cryptocurrency. CFD (a contract for difference) will handle everything. You don’t have to worry about your investment being stolen. This is not all. The simplicity of a crypto will allow you to enjoy the same exposure and benefits as owning one.
CFDs allow you to leverage all your trades. This method can multiply your gains quickly, but it should be used with caution. However, you should be careful as your losses could multiply tenfold. Even if you use leverage, you won’t lose more than the original investment.
This is not the main topic here but it is important to note that the eToro platform doesn’t only allow you to invest in cryptocurrencies. Trades can be made in shares of international companies, ETFs (Forex), and commodities. It will be simple to consolidate all your investments this way. This has the advantage that diversifying your portfolio doesn’t require you to open accounts with multiple brokers.
The European regulation of crypto platforms
We also consider eToro the best cryptocurrency platform in 2022 because it is regulated in Europe.
What does this all mean for traders and investors? This will give you more protection, reliability, and security.
eToro is a Cyprus-based company. The CySEC (Cyprus Securities and Exchange Commission) regulates it. eToro has also been declared to the ACPR, an entity of the Banque de France.
OPEN A ETORO ACCOUNT
78% of retail investor accounts at eToro lose money trading CFDs. It is important to understand the basics of CFDs and whether you are able to afford to lose your money. CFDs are used for cryptocurrency trading on eToro.
You will get the Resolution Fund and the Deposit Guarantee by choosing this cryptocurrency broker. This fund protects investors against financial failures at the bank with which eToro operates. In this instance, compensation can reach EUR100,000. This is significant considering that many exchanges and crypto platforms are still not regulated in Europe.
eToro is extremely reliable. We believe it is better to have this protection than not, especially if your investment plans include large sums.
2 – ZenGo is the best app to buy crypto-currencies
ZenGo is a crypto application that has the potential to be the best in 2022. It is struggling to be known in France and around the globe.
ZenGo is still a relatively young service compared with players like Binance or eToro. However, this does not diminish the hard work done by its teams.
We will show you why we think it is one of the most popular platforms for trading and buying crypto-currencies.
- Buy Bitcoin / Ether easily
- An intuitive and simple mobile app
- Create an account in 19 Seconds
- Get a 4% Return on Bitcoin
A simple-to-use application
With its app, ZenGo is different from all other crypto-buying platforms. We consider it one of the top 2022 crypto buying platforms. It is simple to use and makes investing in cryptocurrency easy.
It doesn’t matter if you don’t have any investment experience. Buy Bitcoin, Ether and quite a few more assets.
ZenGo cannot be used through eToro’s application, unlike eToro. This is the main feature of ZenGo. You only need to download the app and then create an account. This process takes only a few seconds. It will only take a few seconds to create an email address and configure facial recognition. This will be covered in the next section. However, it is the latter that will allow you to access your investor portfolio.
ZenGo makes it easy to buy cryptocurrency. This can be done directly with your credit card or via Apple Pay. It is possible to receive $10 worth of Bitcoin upon your first purchase through the ZenGo app.
How about the fees? Although ZenGo is not the best at this level of service, it’s reasonable and a fair price for an exceptional user experience. When you confirm each purchase or sale, you will be notified about the applicable fees.
ZenGo’s app isn’t limited to selling and buying digital assets. ZenGo will allow you to trade your digital assets if you so desire or save your money. ZenGo is partnered with Nexo, a leading reference in this field. Savings products offer non-negligible returns, such as 4% Bitcoin. We are not as attractive as a bank’s unattractive returns.
It is easy to monitor your investments. A summary of your portfolio’s performance will be available in just one click. To manage your tracking, you won’t need to use a third-party application.
To learn more about ZenGo’s service, functionalities and fees, you can visit our test application of ZenGo in.
Solid security
ZenGo’s app does more than just provide a trading platform for crypto-assets. It can also be used as a secure wallet (also known as a wallet).
You will have the private keys to your crypto currencies, unlike the top 5 members. It will not be accessible to ZenGo. You will be the only master aboard, which is good for safety.
Facial recognition will be used to connect your wallet. You’ll be the only person who can access your wallet and you won’t need to remember a complicated password. This is not 2FA (double authentication), but 3FA. ZenGo’s security model is based upon email verification, backup (hosted in your personal cloud), facial recognition and password protection.
ZenGo is prepared to assist you in the event of a lost, stolen or damaged smartphone/tablet. You can create an online backup of the wallet even before you buy crypto-currency. You can then easily restore your wallet to another device.
ZenGo regularly conducts audits to verify that the application is secure and flawless. The details can be found on the official website.
The best customer service
ZenGo is a great crypto platform because of its excellent customer support.
You can quickly and easily contact ZenGo agents from the ZenGo app. You can contact customer service 24 hours a days, 7 days a semaine without interruption.
Based on our ZenGo experience, it takes only a few minutes to get a reply. You will get more useful and direct answers. To get a satisfactory answer, you won’t have to repeat your question four times.
This service has one small problem: it will require that you speak English.
ZenGo also has a help center. You will find the answers to your most common questions here. You will also find tutorials that can help you buy and sell cryptocurrency.
3 – Binance is the only exchange that charges very low fees
Binance is the most well-known and widely used cryptocurrency exchange in the globe. Is it the best cryptocurrency exchange in 2022? We don’t think so. The proof is in its ranking.
We will show you the service, its benefits, and its drawbacks. We want to give you the best overview of all crypto-asset trading platforms.
- World’s #1 Platform
- Training For Beginners
- No transfer fees
- Larger selection of cryptocurrency
Trades charged at low fees
This crypto exchange has the lowest transaction fees, as we highlighted in our binance review. This statement is only applicable to asset trading. Binance, for instance, takes 1.8% from every deposit made with your bankcard.
They are minimum 0.1%. You can get an additional discount depending on your VIP level (VIP 0, 1, 2, 3, 4, etc).
If you have one or more tokens that are native to the platform, this is also true. If you are active trader, the fees can be reduced to 0.0150 %… or, in other words, no.
Binance is a trading platform that provides everything you need. We find the platform to be a little confusing for beginners. It is easy to get lost among all the options available for trading and buying cryptocurrency. It is clear that the user experience could be improved.
You will have the option to use a leverage effect at the trading level or to choose which type of buy order you want to place (at market price, limit price or limit price with stop-loss).
Numerous features (Staking and Launchpad, NFT, etc.)
Binance is a great platform for selling and buying cryptocurrency. This is due to the many innovative features that it offers.
Its BNB token has many uses that fit in well with its feature set. You will also be eligible for a discount on fees. Additionally, you can participate in Binance’s Launchpad by owning BNB tokens. You will be able participate in the preview launch of new crypto-currencies through it.
This is a great opportunity to make capital gains. Your BNB will allow you to receive a greater or lesser amount of cashback if you order the Binance Visa Card. It will be possible to pay with crypto-currencies, and have part of your purchase reimbursed.
Binance is also considered one of the top crypto exchanges in 2022, as it offers many savings products. There are two types of savings available: flexible and blocked. The yield is important depending on which option you choose. Binance allows you to save BTC and ETH, among many other assets.
Binance recently opened a marketplace to buy and sell NFTs (Non Fungible Tome). This exchange, as we said, is a pioneer in this field.
Binance allows you to purchase the most cryptocurrencies. There are hundreds of assets. You can also enjoy altcoins if you’re a huge fan.
Support is not always available or responsive
Although Binance is the most popular cryptocurrency exchange, it has its flaws.
We have also been able to identify one of its main flaws: its rapid success. It is the responsiveness of its customer service.
Contrary to ZenGo and eToro, Binance’s customer support is quite difficult to reach. Many times, we had to wait for a satisfactory answer for several days. It is important to be patient.
You don’t have to wait. Take a look at our knowledge base. You will find it complete and in French. There are many solutions to any problem you may have with your account, as well as step-by-step instructions.
4 – Crypto.com is the rising crypto platform for 2022
We are excited to share with you the Crypto.com website. A service that was centered around a mobile app (similar to ZenGo) made the company famous. Crypto.com is also well-known for its Visa card, which allows you to purchase digital assets and receive non-negligible cashback.
This is a great place to start investing. Crypto.com is a remarkable site that has attracted more than 10,000,000 users worldwide.
All is not perfect. Crypto.com does not rank higher in our list of the top crypto exchanges. This is due to its many disadvantages. It is not recommended if your goal is to trade actively and take advantage of advanced features.
Below is a comprehensive overview. You can read the Crypto.com review for more information.
There are many cryptocurrencies to choose from
Crypto.com offers a wide range of crypto-currencies. You will be able to purchase more than 150 assets. These include the basics (Bitcoin and Ether …)), but also a large number of altcoins (AVAX (AAVE, DOGE), EOS, ETC …), more or less).
This number changes as Crypto.com adds new assets regularly.
Either you can invest passively (i.e. You can either trade actively or buy and store crypto passively. Crypto.com has derivative products that allow you to leverage up to x100. While this sounds interesting, we want to remind everyone of the potential risks involved with leverage. Gains and losses can be swift. Keep your eyes open and set stop-losses.
Crypto.com offers the ability to purchase a variety of crypto-currencies and allows you to save them. You can earn up to 14% on some assets by using a savings product. The savings plan affects more than 40 crypto-currencies.
The following factors will determine the return: The cryptocurrency you save, the total investment value, the deposit time and the number of CRO tokens (Crypto.com’s own token) you stake. On its official website, you can find a calculator.
Visa Card with Cashback for Cryptocurrency Payments
Another advantage to the Crypto.com platform? It will let you order a Visa credit cards. We are going to tell you more about the token specific to the platform, the CRO.
It will also determine the Crypto.com Visa card that you can obtain, just like savings products. The greater the CRO staked, the better the benefits.
The crypto platform and app offers five cards that offer cashback ranging from 1% to 8%. Cashback will be given in CRO. You will also be able to receive discounts on Spotify, Netflix, Amazon Prime, and Expedia purchases.
Crypto.com is easy to use. Even if you’re a complete beginner, you will be able to navigate the site easily. It also has a French translation of the app. However, some sections of the app and site are still in English. This is a shame.
You can use the application if you want. Crypto.com is a broker that is primarily focused on applications, but it is possible to trade directly from the site.
Slow support and the need to keep CRO
Crypto.com does not rank higher in our ranking of the top cryptocurrency platforms. This is due to the fact that the service is still being improved.
While customer service is available in French, we discovered that sometimes it was necessary to wait for an answer. This is a disappointment if you’re used to the ZenGo application ‘s speedy support.
This is especially true on weekends, when you will need to be patient more than usual.
Crypto.com has the disadvantage that you may be forced to invest in CRO (house crypto). Many things are possible and exciting… but only if you have the right tools. This applies to savings and the payment card. If you believe Crypto.com to be the best cryptocurrency exchange (or will become), then it’s not a problem.
We want to conclude by warning you that high fees apply when buying crypto using a credit card. Instead, deposit via bank transfer.
5 – Kraken to get crypto before anyone else
Kraken is the ” Exchanges” with the greatest seniority and experience of all crypto platforms that were cited in our 2022 ranking.
This online broker was founded in San Francisco in 2011. It has attracted new investors over time. Kraken was only able to allow the purchase of cryptocurrencies such as Bitcoin and Litecoin in 2013. The platform was in its early stages.
What’s our opinion on Kraken? We will share his solution with you, along with the benefits and what can be done to improve it.
Complete cryptocurrency trading platform
Kraken is one the most popular platforms to trade and buy cryptocurrencies.
All trading options can be found on the site, as well as its mobile app (iOS or Android). You can place buy orders at either the market or limit price very easily.
Kraken, like Binance and ZenGo, allows you to store and buy crypto-currencies. The set can be removed to store it in a safe place or to interact with other ecosystems (Ethereum and Solana, Polkadot etc.). ).
Kraken will allow you to use leverage on every trade you make. The “Futures” section on Kraken allows you to do this. This is an attractive feature that is very appealing, but we remind you that leverage can be a double-edged sword. If your trade goes wrong, your gains will be multiplied tenfold.
A secure exchange
Kraken, as we have already mentioned in the introduction is a solid crypto platform that has a lot of industry experience. It is worth noting that Kraken offers a variety of trading tools as well as the enhanced security.
At this level, you can configure two-factor authentication (2FA), to protect your account. You can do this via Google Authenticator or a Yubikey. Every withdrawal from your Kraken account requires confirmation via email.
Kraken doesn’t stop there. Kraken cryptocurrency deposits are stored in offline vaults that are isolated and distributed over multiple locations. SSL encryption encrypts all transactions and information.
Kraken also conducts regular penetration tests. A dedicated team monitors the exchange for potential flaws and updates. Investor protection is the goal.
An application and a site to improve
Kraken is not the only platform that is best for buying crypto.
We were able to highlight in our complete file from Kraken that the site can sometimes not respond correctly to prices getting carried away. Although it’s annoying, this happens very rarely.
Also, the Kraken app deserves to be improved. This is true for both the Android and iOS versions. We are sorry that it has not been fully translated into French.
Despite all this, the rendezvous is simple to use. Even if you’re new to crypto-asset investing, the interfaces are easy to use and navigate.
Support is a key reason Kraken has been named the best cryptocurrency trading platform. You can reach customer service 24/7, and he will respond quickly. Contacting a Kraken customer support agent can be done via live chat, or by email.
You will find many resources on the Kraken website, under the “Support” section. There are many tutorials and questions. This set can also be translated into other languages.
Consider these factors when choosing a cryptocurrency platform
We have already provided you with the best places to trade and buy cryptocurrencies. However, we felt it was important to provide more information to help you make the right decision. Everyone has different needs and expectations. The platform we consider the best might not be right for you.
Consider security, regulation, availability of crypto-currencies, quality of application and interfaces, as well as transaction fees, before you choose a crypto exchange website. Identify your expectations on each of these aspects and then choose the one that makes sense.
Storage, security, and regulation
We believe that security and reliability are the most important factors to consider when selecting the best cryptocurrency platform. Is it worth investing in a site that doesn’t inspire trust or does what is necessary for crypto-currencies to be protected? Most likely not. This is because you don’t know all the platforms. They all claim to be safe and reliable.
We recommend that you check to make sure the platform is licensed in Europe. This is a great advantage because you have better legal protection. eToro, which is regulated in Europe and registered with the ACPR Banque de France, will allow you to access the Deposit Garanty and Resolution Fund (FGDR). This fund protects investors up 100,000 euros in case of default by the bank establishment.
While you won’t really need it, it’s still a good idea to have it. You won’t get it with unregulated crypto exchanges (Coinbase and Binance, to name just a couple).
You must also see the setup of any platform that allows you store crypto-currencies. Who holds the private keys to cryptocurrencies? The platform or you? You should own them, it is not surprising. This will give you the assurance that the platform won’t be able to take your money. ZenGo is a great choice because it provides a secure cryptocurrency wallet and allows you to manage your private keys.
Last thing about security: take a look at the promises made to you by the platform. There is often a section on the platform’s official website. This section will provide information about past audits as well as the security measures that were taken to protect investments and other interactions. Double authentication can be a great way to protect your account. It can be done by Google Authenticator, SMS or even a Yubikey.
A wide range of cryptocurrencies are available
It is important to have access to the most secure platform for trading and buying cryptocurrencies. If you have only the ability to invest in a handful of digital assets, it can quickly lead to disillusionmentment.
Today, there are many cryptocurrencies. For some, Bitcoin can be enough to make rapid capital gains. You don’t want your chances of missing out on the great moves. Therefore, you should choose a site that offers many digital assets.
Altcoins can be bought quickly and easily without the need to make complex manipulations on decentralized exchanges such as Uniswap.
ZenGo and eToro offer a wide range of assets, including several dozen from ZenGo. You can invest in Ethereum, Cardano (ADA), Dogecoin(DOGE), Luna [LUNA], Binance Coin (BNB], Polygon (MATIC), Uniswap (“UNI”), and Dogecoin/DOGE. Binance is still the most popular at this level. It is the most widely used crypto exchange in the world and offers several hundred digital assets.
Features, app, and website
In the final decision, a lot depends on the quality of the platform’s website and application. This is just our opinion. If it is difficult to understand or use, you will not want to be involved in setting up strict monitoring. If you’re just starting out with crypto and are looking to purchase it for the first time, this is even more true.
You can see that we considered all of these factors when ranking the top platforms for 2022.
There is an ideal balance between functionality and ease-of-use. It is not a good idea to choose a simple service that lacks features.
What features should you be paying attention to? It all depends on what you expect. It all depends on your expectations. Here are some features you might want to be aware of: access to an NFT store, crypto-currency storage, copy-trading, social trading, the possibility of getting a card to use your digital assets to pay, advanced trading functions, and staking.
Trade fees
When choosing a cryptocurrency exchange platform, the last thing you should consider is the fees.
There may be fees involved in purchasing digital assets. From depositing funds to placing an order, fees may apply. To avoid any unpleasant surprises, it is important to carefully analyze all aspects of the transaction. Particularly since not all platforms clearly indicate what fees will be charged.
When it comes to fees, it’s difficult to give you the “right value”. To have easy access to simple services, beginners will pay 1 to 2% fees. Others will be looking to trade assets actively and access close to zero fees (without the need to use ergonomic interfaces).
Binance is still the most affordable crypto trading platform. However, its interfaces can be difficult to use, as we have already noted in our comparison.
Conclusion: Which is the best cryptocurrency platform in 2022?
You may have seen from our comparison of crypto platforms that there is no “best place to buy crypto-currencies in 2022.” Each one responds to different needs and expectations.
You will need to decide what your needs are. It is evident that certain platforms and exchanges are more popular than others. We are particularly fond of ZenGo and eToro. These options will work for all investors, regardless of whether they are beginners or more experienced.
You’ll have easy-to-use interfaces and a wide range of crypto-currencies.
You can find out more about eToro’s service here.
78% of retail investor accounts at eToro lose money trading CFDs. It is important to understand the basics of CFDs and whether you are able to afford to lose your money. CFDs are used for cryptocurrency trading on eToro.
We regularly update our list of the top platforms to buy cryptocurrency. To verify the information we have provided, please visit the websites of the brokers.
What do you think will be the most successful cryptocurrency exchange/platform in 2022? Please share your stories.
FAQ: Crypto platforms and exchanges
We will answer the most commonly asked questions to conclude our comparison of crypto platforms in 2022.
How do you buy cryptocurrency?
You will need to open an account at one of our top 5 best crypto trading websites to buy Bitcoin, Ether or Cardano. This will allow you to avoid many pitfalls and enable you to use reliable, secure, or even regulated platforms.
After you have opened an account on the crypto-exchange of your choice, it is necessary to deposit funds into your investor accounts. You can deposit any monetary currency (Euro, American Dollar, etc.) It is possible to deposit funds using a credit card, wire transfer or PayPal depending on the crypto platform you choose. Virtual currencies can be used to trade or buy other crypto-currencies.
Once your funds have been made available, you can choose the trading pair that suits your needs (e.g. BTC/EUR for converting euros into Bitcoin), and then purchase the crypto of choice. No matter which trading platform you choose fees will apply.
How do you open an account on a cryptocurrency platform?
It is easy to create an account on a cryptocurrency exchange or platform. No matter which site you invest on, you will need to provide the exact same information. A password and an email address will be required.
The next step is to verify your identity and account (also known as KYC, or Know Your Customer in English). This is because the crypto exchange platforms listed in our ranking must comply with regulators (the governments from different countries, including France). This is a common practice since it will be required to open a bank or create an account to invest on the stock market.
The crypto platform will ask for your name, first and last names, as well as address during verification. A copy of your identity document and proof that you are residing in the address will be required. We can only offer one piece of advice: Do not forget to verify your identity. You won’t be able take full advantage the best cryptocurrency exchange websites (from trading, depositing, withdrawal, etc.). From a different point of view.
What is a cryptocurrency platform/exchange?
A crypto platform, also known as “exchange”, is an online broker that allows you trade, buy and sell cryptocurrency. You can also invest in crypto-assets. It works exactly like a stock broker. Simply deposit funds in any currency you choose (euros, dollars or Swiss francs). You can then use these funds to purchase crypto. These sites will allow you to save your assets and generate interest.
What amount of money is required to invest in cryptocurrency?
Different requirements apply to different cryptocurrency exchanges and platforms. For example, the best two services we have in our comparator need a deposit of approximately EUR43 for eToro (equivalent to $50 – this may differ slightly depending on how the conversion rate is) and 80EUR for ZenGo. These services have the advantage of being able to purchase shares of crypto-currencies. You can buy a small amount of Bitcoin, despite the high price. There is no reason to purchase a whole bitcoin. You should not be forced to buy a full bitcoin if you have financial constraints.
What is crypto trading?
Crypto trading is simply trading cryptocurrency. You are a trader if you buy and sell digital assets. The goal is to make capital gains on a short-term basis (for example, in a few minutes, hours or days). Platforms like eToro offer advanced features for cryptocurrency trading. You will be able place a limit order and apply leverage (to increase the performance of your investment) among many other features.
How did we pick the best cryptocurrency exchange platform?
We considered many aspects when comparing these sites. We want to emphasize again that we took the time to test over a dozen websites specializing on the purchase of cryptocurrency.
Following this, we evaluated and rated each of them on aspects such as: security and reliability, ease of use and quality of interfaces, tools/functionalities made available, fees charged, but also the number of crypto-currencies that are offered for purchase. This ranking highlights the crypto platforms with the highest satisfaction and guarantees.
Which platform has the largest number of cryptocurrencies?
Binance is the best platform to register for if you want to purchase as many cryptos possible. Binance is the digital asset exchange with the largest variety. This level is unmatched.
Binance provides more than 700 cryptocurrencies to its users. It is important to note that this number changes all the time. The platform is constantly adding new projects and cryptos to its database. The listings of promising cryptocurrency are generally done at Binance first (before Kraken and Coinbase, FTX etc. ).