Trusted and Best Crypto Exchange Players: Who to Trust and Who to Avoid
Decentralised finance, which gives rise to cryptocurrencies, is an innovative concept with good intentions to solve global financial problems. However, not all developers are aligned.
Decentralised finance, which gives rise to cryptocurrencies, is an innovative concept with good intentions to solve global financial problems. However, not all developers are aligned with the noble goals of decentralised finance.
In this article, we list down the names of companies, websites and crypto wallets that are legit, along with those you should avoid!
Companies on the Whitelist are known players in the crypto industry.
We do not recommend or endorse any of these, but we would feel safe to use them. Please make sure that you are using the correct links, which we’ve included for you – as it’s quite common for scammers to imitate these!
The Greylist covers any companies where we have concerns around their operations, so exercise caution when using. Don’t send more than what you can afford to lose.
Any company on the Blacklist is a company that we have strong reasons to believe that it is a scam, and we strongly advise that you avoid it.
Check out the table below for a list of best and trusted crypto exchanges in the crypto space. Keep in mind that you should always supplement information with your own research.
|Easy Crypto||Imarketslive||Lion Shares|
|Bitfinex||Top Market Cap||Cash FX|
|Huobi||Bitcoin Era||Pocket Option|
|Bitprime||Hugos Way (or Hugo’s FX)||UGPay|
|Academy Private Investment|
With so many DeFi projects popping up in the crypto space, it’s important that you sort out which ones to trust and which ones to conduct further research.
Keep in mind that the list below serves as a general guideline for DeFi projects currently present at the time of press.
|Aave||Yearn Finance Connect|
Crypto wallets are one of the most important instruments for storing and managing your digital crypto assets. Make sure to do your reading and look into the different options for crypto wallets before deciding which one is right for you.
|Whitelist||Greylist / Blacklist|
My Ether Wallet
|When it comes to wallets, don’t take any chances. Either store your valuable assets in a trusted wallet or none at all.|
Fake wallet apps are difficult to spot in common app marketplaces, and they can drain your funds in seconds.
The best way to find the safest options is to go to the cryptocurrency issuer website.
For example, IOHK developed the Daedalus wallet to store Cardano (ADA) tokens.
Many ERC-standard tokens are compatible with any Ethereum wallets, such as MetaMask. Others like Exodus can store multiple cryptocurrencies.
More on crypto wallets: Read our complete guide on crypto wallets.
Why trust Easy Crypto?
Easy Crypto is a cryptocurrency exchange that is registered and strictly follows the regulations that apply in countries where we operate. We regularly pay corporate tax and ensure that our financial reports are transparent to authorities.
We have a team of accountable leaders and a help desk team that you can rely on. Our online reputation can speak for itself.
From an ethical perspective, we believe that as an intermediary between the legacy financial system and the innovative decentralised space, we feel responsible for educating newcomers so that they feel the confidence and convenience to adopt crypto assets.
We believe in the long-term benefits of distributed ledger technology, cryptocurrencies, and decentralised finance.
We despise groups of people who scam other people in the crypto space. This potentially scares people off and reduces the number of people who will benefit from the next evolution in the global economy.
We hope that this article has been insightful and helpful for anyone navigating through the crypto space and prevent losses due to malicious and criminal activities.
Feel free to drop us a message to comment, ask, or simply talk to our help desk team about your concerns.
Reach out to us: Get help with Easy Crypto.