How to Choose Crypto Exchange to Trade WRX with Minimal Fees?

The choice of cryptocurrency exchanges makes an average user perplexed easily – among a dime a dozen. So it is hard to choose a worthy one, especially for an inexperienced user. 

Digital currency is volatile, and investing in it is already a risk. So, to avoid threats, at least from the side of crypto exchanging tools, let us advise you to look only at licensed services that guarantee security. Non-custodial exchanges would be perfect. 

To add, the value of a crypto exchange indeed depends on how much you will spend on your swaps. If the fee is sky-high, this will make exchanges unaffordable at all. This read dwells on the tips and features to look at when choosing a reliable crypto exchange.  

Must-Have Features for the Credible Exchange Platform

We have identified a few vital things that need to be present in service to be worth trusting with your personal and financial information. 

1. Security and anonymity.
   With hundreds of money loss cases and cyber attacks taking place, security should be the top priority for anyone choosing an exchange. While centralized exchange platforms are an easy target for hackers, choosing a decentralized service will mean you won’t reveal any personal information even at the signup. 
   As a rule, such exchanges generate the seed phrase for access, which is to be kept and guarded carefully. 
2. Two-factor authentication. 
   Authentication in 2 steps, such as Google authentication or the one through SMS verification, is a good way to prevent problems with security. Suppose a service uses it and additionally provides anonymous platform use (usually, decentralized exchanges do) and captchas. In that case, you can rest knowing that it would be really hard for any malicious agents to get your assets.  
3. The adequate fee amount for both transactions and withdrawals. 
   An optimal choice is where the principal fees belong to the miner, whereas the platform charges a minimum. On average, platforms that offer 0,2-0,25% or lower fees if you’re lucky are nice. However, be careful to choose these platforms instead of those where fees are fixed. 
4. User-friendliness. 
   Last but not least, ease of use impacts every transaction. However, it is easy to be attracted by the greater simplicity of centralized exchanges compared to decentralized platforms. Here be careful to choose the golden middle and not be captured by easy use alone. 

Top 3 Cryptocurrency Exchanges to Use This Year

As you can see, in 2022, the principles of choosing an exchange remain the same. We still have to check the reliability, security, and exchange conditions at every place. The list below contains our personal top 3 exchanges. 

1. Binance. 
   It’s not a surprise to see Binance as #1 as it is the most known and credible centralized exchange of the time. The absolute winner provides the 0,1%-5% fee for trading (depending on payment method) and over 50 crypto coins. 
2. Gemini. 
   Gemini is very much transparent about its security and cold storage policy. Its features such as Gemini wallet digital insurance or advanced U2F security with the hardware key can be a treasure for professional traders and those who want something more from an exchange tool. 
3. LetsExchange.io. 
   This place is great for buying cryptocurrency, from WRX currency to ZEC. Here your data is under DDoS protection, the platform’s operations are encrypted, and over 350 coins are available. In addition, every exchange is fully automated at the cryptocurrency exchange online - Letsexchange.

All in all, there are a number of worthy platforms to trade WRX with profit. You just have to know what to look for!