It is nearly impossible to believe that you haven’t heard about cryptocurrencies once in your lifetime if you have access to the internet. What started with the popularity of Bitcoin has opened new possibilities for investors around the globe. Over the years, cryptocurrencies have become widely accessible for an average person as its popularity has risen to fame. With increasing popularity, and the scale of potential profit, frauds and scams revolving around cryptocurrencies have also been seen. Over $300 million has been lost by investors due to fake cryptocurrency exchanges since 2021, according to statistics.

Scams occur when investors are lured into a ‘suspicious’ crypto exchange platform with the promises of high returns. These promises include additional bitcoins or other cryptocurrencies as a registration bonus. The way the scamsters operate such fake crypto exchanges is so authentic in nature that the investor cannot verify or conclude whether it is fake or real until a deposit is made.

Moreover, because cryptocurrency uses blockchain technology for verification without running through any specified financial institution, recovering the theft

becomes more difficult for the investor. Despite such frauds, the cryptocurrency market has given profits to its investors. It is evident from the fact that the most popular cryptocurrency Bitcoin grew 66% in February 2021 compared to January 2021.

But what can you do to be alert when it comes to fake cryptocurrency exchanges? The idea is simple, stick to crypto exchanges which are known by many and are used widely around the globe. Research is the most significant consideration before investing in a crypto exchange platform.

With that in mind, here are some of the most trusted and reputable crypto investment platforms you can look forward to for your crypto investing needs in 2022.

Which Is The Best Cryptocurrency Investment Platform

There are several large cryptocurrency exchanges in the world. You must choose a quality exchange that suits your needs. You cannot let your focus slip while selecting trades. Each exchange has its pros and cons.

1.    CoinbasePro  

Coinbase Pro is one of the most popular cryptocurrency exchanges that you can use in 2021. It is one of the most popular cryptocurrency trading exchanges in the

world right now. Coinbase Pro is an American crypto exchange and is one of the most trusted exchanges in the world for cryptocurrencies.

Some of the advantages you get with this exchange are: 

• You will get a reliable variety of altcoins here.
• The user interface of the exchange is quite simple.
• The liquidity rate is very high.

These are some of the features of this exchange that make it easy for you to trust the service.

2.    Binance 

Binance is a popular Chinese cryptocurrency exchange that was established in 2017. You will get almost 600 different trading pairs to trade cryptocurrencies. This exchange has several beneficial features that you should not ignore.

Some of the benefits of this exchange are:

• The fees are relatively low compared to other exchanges.
• Graphs of the status of cryptocurrencies are relatively advanced.
• The variety of trading pairs and cryptocurrencies is astounding.

Therefore, you can easily use this cryptocurrency exchange.  

3.    Bitfinex

Bitfinex is another prominent cryptocurrency exchange

world right now. Coinbase Pro is an American crypto exchange and is one of the most trusted exchanges in the world for cryptocurrencies.

Some of the advantages you get with this exchange are: 

• You will get a reliable variety of altcoins here.
• The user interface of the exchange is quite simple.
• The liquidity rate is very high.

These are some of the features of this exchange that make it easy for you to trust the service.

2.    Binance 

Binance is a popular Chinese cryptocurrency exchange that was established in 2017. You will get almost 600 different trading pairs to trade cryptocurrencies. This exchange has several beneficial features that you should not ignore.

Some of the benefits of this exchange are:

• The fees are relatively low compared to other exchanges.
• Graphs of the status of cryptocurrencies are relatively advanced.
• The variety of trading pairs and cryptocurrencies is astounding.

Therefore, you can easily use this cryptocurrency exchange.  

3.    Bitfinex

Bitfinex is another prominent cryptocurrency exchange

Some of the advantages of this exchange are:

• It has the highest liquidity rate on the market.
• You can take full advantage of the service.
• You will get the full package and order types.
• Ensures high-quality customer support.
• All major altcoins operate here.

5.    eToro

eToro is one of the most popular and widely used crypto exchange platforms in the UK and Europe. They have expanded their services to the United States, offering a variety of digital assets one can invest, buy and sell on the exchange. eToro also offers its users a free practice trade account through which non-experienced crypto enthusiasts can try out investment and trading before using their real funds.

Some of the advantages of this exchange are:

• Worldwide crypto trading options.
• Ability to look into and copy other portfolios.
• Low deposits to start.

6.    Crypto.com

One of the largest and fastest growing cryptocurrency exchanges headquartered out of Hong Kong, Crypto.com offers its US-based customers impeccable support and experience. The crypto exchange platform gives you access to over 90 tokens and coins worldwide, and 50 tokens and coins if you are located in the United States of America. It offers high return rates in

comparison with the market. The only drawback with Crypto.com is that it does not have a desktop platform currently and is a smartphone app-based crypto exchange.

Some of the advantages of this exchange are:

• A large collection of supported tokens and coins.
• Weekly interest on crypto savings accounts.
• Ability to link a debit card with the account.

So, these are some of the biggest and most reputable crypto investment platforms in 2022 that you can easily trust.  

Conclusion

So, if you want to develop your cryptocurrency trading career, you can use these reliable cryptocurrency exchanges. Don’t take a risk with unreliable platforms, because it will be a risk that you won’t be able to rectify later. Check these sites before making a decision on whether to hire the most reliable cryptocurrency trading operation. Make sure you have not selected the wrong exchange for your trades.