As an experienced trader and crypto expert, I know how important it is to choose a reliable and convenient crypto exchange in order not only to trade, but also to effectively earn on cryptocurrency. In my opinion, the exchange should be:
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Reliable , so as not to repeat the fate of FTX.
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Convenient , with an intuitive interface and without glitches.
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Functional , with the ability to make a profit even without active trading.
Below I will talk about my personal top crypto exchanges , proven over years of experience, and explain how you can make money on them.
Bybit — a universal exchange for trading and passive income
Bybit occupies top positions in the rankings and is deservedly popular among traders.
Main advantages of Bybit:
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Spot and futures trading - over 500 cryptocurrency pairs.
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Low trading fees.
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trading app
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Demo trading is ideal for beginners.
Earnings without risk:
Bybit provides many ways to make a profit without active trading :
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IDO and launchpads - you can purchase tokens before listing at a minimum price. The profit is approximately from $300 to $3,000.
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Voting and free tokens - you get bonuses simply for having crypto on your balance.
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Staking and LaunchPool — multiply your deposit with high interest rates.
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Token farming - for example, I staked 2,000 USDT and received new Zeta tokens without risk.
You can read more about methods of passive income from cryptocurrency in Making a profit without active trading .
BingX — a fast and convenient exchange for beginners
BingX quickly gained popularity due to:
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Trade without verification , registration takes 20 seconds.
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Deposit and activity bonuses , including spot, futures and demo trading.
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Trading promising coins such as Pepi and NotDcoin, which gives you a chance to get tens of X from speculation. For more information about earning on new coins and drops, read all the ways to earn on drops
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Opportunities to trade stocks , including Apple, Microsoft, and Tesla.
This exchange is ideal for beginners who want to try profitable trading without unnecessary complications.
OKX — stability and passive income
OKX is among the top exchanges in terms of trading volume and reliability . Features:
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High post-staking percentages without limits.
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Copy trading , which allows you to repeat the trades of professional traders.
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Jumpstart platform for passive income - place crypto and receive tokens of new projects.
For example, I placed 0.3 BTC for 4 days and received $500 in Mail tokens — good passive income without risk.
Pros and cons of top exchanges
Pros:
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Reliability and stability of work.
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A wide selection of cryptocurrencies for spot and futures trading.
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Possibility of passive income through staking, LaunchPool, IDO and copytrading.
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Convenient mobile applications and demo modes for learning.
Cons:
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Often, large exchanges require verification for full functionality.
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Passive income depends on project conditions and market changes.
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Cryptocurrency always has the risk of volatility, even on stable platforms.
To quickly register an account and start working with crypto on such exchanges, I recommend How to register and get verified on the Binance exchange .
Typical mistakes of beginners
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Choosing an exchange only based on bonuses , not stability and reliability.
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Ignoring demo trading - beginners lose money on spot or futures without practice.
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Excessive concentration of assets in one pool or project.
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Lack of a diversification strategy - everything is invested in the same tokens or one instrument.
Safety tips
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Use two-factor authentication (2FA) .
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Prefer a large and reliable exchange rather than little-known platforms.
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Distribute your deposit across multiple assets and instruments.
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Do not use credit funds for trading or passive income.
It is also useful to read Copytrading - repeating the trades of professional traders to
avoid mistakes when repeating the trades of professional traders.
FAQ: Top crypto exchanges for earning and trading
1. Which crypto exchanges are best for beginners?
Bybit and BingX thanks to their simple interface, demo trading, and starting bonuses.
2. What is copy trading and is it safe?
Copy trading allows you to repeat the trades of professional traders. It is safe when choosing reliable master traders and diversifying funds.
3. Which exchanges offer passive income?
Bybit, OKX, and BingX offer staking, LaunchPool, IDO, token farming, and free tokens for activity.
4. Is verification required to earn money on the exchange?
Most major exchanges require verification for full functionality, including P2P, withdrawals, and bonuses.
5. What are the risks of trading on a crypto exchange?
High volatility of cryptocurrencies, risk of losing funds with the wrong strategy or excessive concentration of assets.
6. Is it possible to earn without active trading?
Yes, through staking, IDO, LaunchPool, free tokens, and copytrading.
7. What bonuses do exchanges offer for beginners?
Deposit bonuses, spot and futures demo trading, free tokens for activity and participation in IDOs/launchpads.
8. Can I withdraw profits from bonuses and IDO to a card?
Yes, after fulfilling the exchange conditions, all funds can be withdrawn to a bank card or crypto wallet.
9. Which exchanges support trading in promising coins?
BingX and Bybit allow trading in new tokens, such as Pepi or NotDcoin, which gives a chance for high profits.
10. How to reduce risks when trading?
Diversify assets, do not use credit funds, distribute the deposit between different instruments and platforms.
11. Are there mobile apps for trading?
Yes, Bybit, BingX, and OKX have convenient and stable mobile apps for spot and futures trading.
12. Which exchanges support demo trading?
Bybit and BingX allow beginners to practice on demo accounts without the risk of losing real funds.
13. Which exchanges are stable in terms of trading volumes?
OKX and Bybit are among the top exchanges in terms of spot and futures market volumes, which guarantees liquidity and reliability.
14. How to make money on launchpads?
Purchase tokens of new projects at the minimum price and sell after listing on the exchange for profit.
15. Should I choose an exchange based only on bonuses?
No, the main thing is reliability, functionality, and the possibility of passive income. Bonuses are an additional, but not the main criterion.
Conclusion
When choosing a crypto exchange for earning and trading, always pay attention to reliability, functionality, and passive income opportunities . My top picks — Bybit, BingX, and OKX — allow beginners and experienced traders to effectively work with cryptocurrency, diversify assets, and make a profit without excessive risk.
Remember: a crypto exchange is a tool for making money, not a way to gamble. Diversification and risk control are the keys to success.