The best crypto exchange Reddit users recommend has changed a lot in recent years, with Reddit users having pretty strong opinions on the subject.
You may not be aware of the fact that Reddit is actually a really popular site for people that are interested in crypto trading.
With so much about the cryptocurrency trading industry yet to be learned, and the market always changing, Reddit is considered a solid, go-to resource when it comes to cryptocurrency assistance and knowledge.
In this article, we will talk about the crypto exchanges that Reddit users love in 2023, and recommend, based on personal reviews.
We will also look at the best crypto wallets that Reddit users recommend as well.
Best Crypto Exchange Reddit Users Recommend in 2023
Pionex is the number 1 crypto exchange Reddit users recommend, because you’re going to be able to make the most of some of the leading cryptocurrency trading bots, and you’re also going to be able to make the most of a trial fund, where you invest Pionex’s assets and not your own.
They have many different types of trading bots for you to make the most of, including a grid trading bot, as well as a rebalancing bot, so that you can create your own index.
There’s a lot to learn with this crypto exchange that is loved by Reddit users and considering it has 99.99% uptime, and more than 100 million daily trades, we think that it is safe to say that it is popular not just amongst Reddit users, but amongst people that are interested in the world of cryptocurrency in general.
Uphold is another exchange that Reddit users recommend because it makes the whole concept of trading incredibly easy.
They also allow access to more than 130 cryptocurrencies and all you need to do to get started with these guys is to enter your email address.
You can either download their trading app from the Google Play store, or the Apple App store, and considering they have more than 130 cryptocurrencies, as well as 27 national currencies, 50 American stocks, and four precious metals, we think that you are going to be able to incorporate all of your different trading strategies, even if you are going beyond cryptocurrency, and investing in more conventional types of currency.
We love that they can help their clients with automated trading, so that you can set up your trading strategies on autopilot, and trust that they are going to be executed when and where you want them to be.
Because these guys are a multi-asset platform, you can manage all of your trades in one space, and you don’t have to go to another exchange ever again.
Binance are easily one of the most well-known options in the industry.
Not only can they help you get started by just entering your phone number or your email address, but they have more than 600 cryptocurrency tokens listed on their website.
They also have some of the lowest transaction fees in the industry, at less 0.10%, and 90 million registered users.
We think that this information alone is enough for you to be convinced that these guys are one of the hallmarks of the cryptocurrency trading industry and are going to make a serious difference when it comes to your crypto trades.
They can help you build your cryptocurrency portfolio up, so that you can make smart low-risk investments and they can also help you with their mobile app, which means that you’re going to be able to take your cryptocurrency trades on the go with you.
With some of the best security in the industry, it’s no surprise that these guys are a fan favorite.
Coinbase are ideal if you’re somebody who is trying to jumpstart your cryptocurrency portfolio.
They believe that they are one of the easiest places to buy and sell cryptocurrency, and all you need to do to get signed up and started with them is to enter your email address.
Once you have created your cryptocurrency portfolio, you are going to be able to manage it through their easy-to-use dashboard, and they say that they have a number of different features that make it really easy to start trading straight away.
When you manage your portfolio, you can keep track of everything in one place, and you can invest your cryptocurrency slowly over time by scheduling buys weekly, daily, or even monthly.
You can also capitalize on the awesome bonus feature which is that they have a mobile app, so that you can take your cryptocurrency trades wherever you go, and this is available for both iOS and Android.
eToro is another crypto exchange that users recommend all over Reddit, especially because they are big on the idea of social investing.
Social trading and investing is where you join a community of like-minded individuals that are aiming to trade similar cryptocurrencies, and you learn from them, share strategies, and leverage your cryptocurrency investments in general because you are connected to other people who are doing the same as you.
You can either get started in investing with them straight away, or you can watch their tutorial video about how to invest your cryptocurrency successfully, and then you can also discover thousands of assets across a number of different categories.
They say that with their features, it is a lot easier for you to purchase your favorite cryptocurrency tokens, and you can copy trades of some of the top investors in the industry.
Best Crypto Wallets Reddit Users Recommend in 2023
1. Zengo – the Best Crypto Wallet Reddit Users Love in 2023
Zengo is a safe crypto wallet Reddit users recommend, because they talk about being one of the simplest, yet the most secure cryptocurrency wallets in the industry.
You can download Zengo within 16 seconds, and they have more than 900,000 clients on their books.
This is the perfect place to store your BTC!
Zengo talks a lot about wallet security, and they talk about how you’re going to be able to benefit from some of the best wallet security in the business.
Zengo secure your account by private facial biometrics, as well as encryption that is industry-leading, so that you can keep your assets safe from phishing, and other cyber-criminal activity.
This way, you can make the most of complete control, as well as peace of mind.
While other wallets are going to offer you two-factor authentication, these guys are going to offer three-factor recovery, so your funds are always going to be safe no matter what.
Everything you need when it comes to cryptocurrency is going to be under one roof, and you’re going to be able to get in touch with the customer support team whenever you need to if you have any issues or concerns.
We think that their fee system is also really generous, because they don’t have any additional fees that are going to come out of nowhere.
While Zengo Essentials continues to be the most secure crypto wallet to self-custody your assets for free, upgrading to Zengo Pro unlocks a suite of premium industry-first security features.
Protect your assets from unauthorized withdrawals with Multi-Factor Authentication, a built-in Web3 Firewall, 24/7 Priority Support in 1 hour or less, and ensure your assets never get lost with Legacy Transfer, the industry’s first inheritance-inspired feature available to all Pro customers for as low as $20 a month.
Ledger is a crypto wallet Reddit users love because they say that it is one of the smartest ways to secure, exchange, buy and grow your cryptocurrency assets.
They are currently trusted by over 4 million people around the world, and because they offer a hardware wallet, this means that your cryptocurrency assets are going to be safer than ever.
With these guys you can keep everything in one place, and you can choose from a number of different wallet options.
You can also get to know the ins and outs of a cryptocurrency wallet in general, including what a hardware wallet is, and there’s plenty of information and tutorials on their website about how to keep your cryptocurrency assets safe, and how to store them properly.
Trezor is another hardware wallet that is going to keep your coins completely safe and sound, and away from phishing and hackers.
The thing about storing your information online is that it can be easily stolen and copied, so the best way to keep your crypto assets safe is to go offline completely. It’s the easiest way to trade and manage your cryptocurrencies.
Trezor has been invented for its client’s digital freedom, so that you can keep your crypto assets safe without fear of infiltration and cybercriminal activity.
These guys also offer five-start customer support, meaning that they have experts on hand to help you at all times.
If you are worried about convenience, you don’t have to be because they also have an interface that is really easy to use, even if you are someone who has never invested your cryptocurrency like this before.
What Is a Hardware Wallet?
A hardware wallet is a crypto wallet that is going to store your private keys, which is a really important piece of information that is used by you to authorize outgoing transactions that are associated with the blockchain network.
These private keys are stored in a secure hardware device. The goal of a hardware wallet is to offer complete isolation between your private keys, and your smartphone or computer which is all too easy to hack these days.
What Is a Crypto Exchange?
A cryptocurrency exchange is a platform where you are able to buy, store, sell, and manage your cryptocurrency assets.
Each exchange is going to vary in features, and vary in the cryptocurrency tokens that they are compatible with.
Some will also offer cryptocurrency trading bots, where you can purchase your crypto investment strategies on autopilot.
Others are going to have social communities that you can be a part of so that you can learn from fellow traders, and you can even copy existing trading strategies that have been set up and executed by expert traders.
What Does This Have to Do with Reddit?
At this point, you might be wondering what cryptocurrency has to do with Reddit, and why we are talking about Reddit users recommending cryptocurrency wallets and exchanges.
The thing about Reddit is that it is a stronghold of the social media network industry, and it has many different communities, many different Reddits, and subreddits.
Lately, the topic of cryptocurrency has been getting pretty hot, and as a result, there are a lot of communities and people out there that have their personal recommendations for the industry as a whole.
Reddit is a pretty popular place when it comes to anybody who is interested in cryptocurrency trading.
Reddit is a go-to source when it comes to guiding your cryptocurrency investments, and it is a great way to be part of a community of like-minded people who were attempting to make profitable trades in the world of cryptocurrency as well.
You might want to stand on your own and do your trades without anybody else knowing about them, but we think that the best way to get involved in the cryptocurrency investment industry is to find people who are trying to achieve the same goals as you and leverage their knowledge to increase your chances of success.
Check out the best crypto exchange Reddit users have recommended, and while you are there, make sure to check out the best crypto wallet Reddit users have recommended as well.