The principle of modern exchanges and exchange services is approximately the same – it creates the conditions for the transaction to SOL to CAKE exchange. Earnings are a percentage of the turnover of digital money or royalties from the number of transactions. You can choose the best exchanger on the site Alligat0r.com.
At the moment, there are more than a hundred exchanges to buy cryptocurrency. They differ from each other by the volume of trading, the order of registration, the convenience of trading, the level of security. Some online resources are rating exchanges where you can exchange SOL to CAKE. Thus, among the best exchanges often stand out the following:
- Binance is a cryptocurrency exchange registered in the USA. Characterized by a high level of security with confirmation of entry into the account via SMS or email. The transaction fee is only 0.1%, and the commission is not charged for the deposit of funds. No verification (passport data confirmation) during registration is required. Responsive technical support assists in buying cryptocurrencies 24 hours a day.
- Yobit – The trading exchange differs from its competitors with the support of as many as 500 types of cryptocurrency. Verification to work – both with digital currency and fiat – is not required. The system charges interest for deposit only when using QIWI wallet – in the amount of 4%. The interest rate for withdrawal – from 1% to 5%, depending on the transfer method. Yobit is a platform for buying cryptocurrency and offers additional tools and services.
- EXMO – The availability of cashback distinguishes the trading platform. Verification is required only for bank card transfers. The commission for the transaction is 0.2%. The amount of commission for deposit or withdrawal of funds depends on the payment method. It is distinguished by a high level of transaction security and its anti-money laundering tool. This platform for buying cryptocurrency supports affiliate programs with receiving 25% of income from referrals’ (invited users’) transactions fees.
- LiveCoin – Verification of the user at registration is not required. The amount of commission depends on the trading volume and varies from 0.02% to 0.18%. Commission for deposit/withdrawal of funds depends on the selected method. Has an advanced affiliate program that allows you to receive from 10% to 50% of the commission for a referral transaction.
- HitBTC – There is no mandatory verification when buying cryptocurrency through this exchange. The commission for instant transactions is set at 0.1% and for other transactions at 0.01%. A commission of 0.0003 BTC is charged for inputting bitcoins, so this exchange is unprofitable for traders with small capital.
Some like user-friendly interfaces. Additional ways of working with cryptocurrency attract others. Others want responsive technical support and minimum interest through the exchange that is more profitable to buy cryptocurrency. It would help if you chose it based on personal preferences and opportunities.
So, where is the best place to buy cryptocurrency? Each user chooses independently depending on their wishes for risk and security. Someone wants to get a few coins to buy goods quickly, so there is no time to register and search for the right offer for a long time. And for novice traders, it is convenient to use cryptocurrency exchanges.