Hungary is catching the crypto wave, with more people diving into the world of digital assets than ever before. This surge has sparked a boom in cryptocurrency exchanges, each offering unique features. To help you navigate this exciting landscape, we've compiled a list of the top 5 crypto exchanges for Hungarian users.
How to Pick the Right Crypto Exchange
When selecting an exchange, it's important to consider several key factors to ensure a safe and efficient trading experience:
- Security Measures: Verify the platform's security protocols, such as two-factor authentication and insurance for digital assets.
- Fee Structure: Examine the trading, deposit, and withdrawal fees to understand the total cost of using the service.
- Available Cryptocurrencies: Ensure the exchange supports the specific digital currencies you intend to buy, sell, or trade.
- User Interface: Evaluate the platform's ease of use to make sure it matches your level of trading experience.
- Customer Support: Check for reliable and accessible customer service options in case you encounter any issues.
List of the Top 5 Crypto Exchanges in Hungary
1. Binance
Binance stands as the world's largest crypto exchange, serving over 90 million customers. It provides access to more than 350 cryptocurrencies with some of the lowest fees in the market, starting at a 0.10% spot trading fee. The platform also supports advanced trading options, including margin trading with up to 10x leverage.
Key Trading Details
- Trading Fees: Spot trading fees for regular users begin at 0.10%.
- Taker Fee: The platform applies a 0.10% taker fee for spot trading.
- Maker Fee: For regular users, a 0.10% maker fee is charged on spot trades.
- Number of cryptocurrencies offered: The exchange provides access to more than 350 cryptocurrencies.
Reviews
User feedback gives Binance a strong overall score of 9.8 out of 10. While many traders appreciate the low fees, robust security, and extensive selection of cryptocurrencies, some beginners find the platform complicated and have pointed out occasional issues with customer support. You can read more detailed user opinions here.
2. Kraken
As one of the original crypto exchanges, Kraken is a US-based platform recognized for its leading euro volume and liquidity. It offers over 120 cryptocurrencies, allows users to earn rewards via staking, and provides advanced traders with up to 5x leverage on margin trades through Kraken Pro.
Key Trading Details
- Trading Fees: Fees vary by service, with the Instant Buy option charging 1.5% for most crypto assets and 0.9% for stablecoins.
- Taker Fee: On Kraken Pro, taker fees range from 0.10% to 0.26%, depending on your 30-day trading volume.
- Maker Fee: Kraken Pro maker fees are between 0.00% and 0.16%, based on trading volume over a 30-day period.
- Number of cryptocurrencies offered: The exchange supports trading for over 120 different cryptocurrencies.
- Leverage: Margin trading is available on Kraken Pro with up to 5x leverage, depending on the currency pair.
Reviews
Kraken earns a high overall score of 9.6 out of 10 from its users. Traders often praise its robust security measures and advanced features, though some beginners find the platform initially confusing and have reported occasional delays with customer support. You can read more detailed user opinions here.
3. OKX
OKX is a global exchange that goes beyond simple trading, offering over 350 cryptocurrencies and advanced options like derivatives with up to 125x leverage. The platform also features a comprehensive Web3 wallet, trading bots, crypto loans, and a launchpad for emerging projects, catering to a wide range of traders.
Key Trading Details
- Trading Fees: Fees begin at 0.10% and decrease as your trading volume increases.
- Taker Fee: The taker fee is based on a tiered structure that depends on your 30-day trading volume or OKB token holdings.
- Maker Fee: The maker fee also follows a tiered model determined by your trading volume or the amount of OKB you hold.
- Number of cryptocurrencies offered: The exchange supports over 350 cryptocurrencies and more than 500 trading pairs.
Reviews
OKX earns an overall score of 8.1 out of 10 from users. Traders often point to its strong security, low fees, and highly-rated mobile app as major advantages, though some find the platform's extensive features can be overwhelming for beginners. You can read more detailed user opinions here.
4. CEX.IO
Established in 2013, CEX.IO is a long-standing market participant focused on global financial inclusion. It provides a rich ecosystem for its five million users to buy, store, trade, and earn digital assets, offering solutions for retail, enterprise, and institutional customers to access decentralized finance.
Key Trading Details
- Trading Fees: Fees are determined by your 30-day trade volume and the specific transaction type.
- Taker Fee: The platform charges a taker fee that varies based on your trading activity.
- Maker Fee: A maker fee is applied according to a tiered schedule based on your 30-day trading volume.
- Number of cryptocurrencies offered: The exchange supports a wide range of cryptocurrencies, with the exact number subject to change.
Reviews
User feedback gives CEX.IO an overall score of 7.9 out of 10. Many traders appreciate the platform's ease of use for beginners and the availability of margin trading, though some have raised concerns about high fees on large trades and a lengthy verification process. You can read more detailed user opinions here.
5. Bitget
Bitget is a leading global cryptocurrency exchange serving over 100 million users. It helps traders make smarter decisions with its pioneering copy trading feature and offers access to over 800 crypto tokens. The platform also includes a comprehensive Web3 wallet and provides perks like fee discounts through its native BGB token.
Key Trading Details
- Trading Fees: Standard spot trading fees are 0.1%, but can be reduced to 0.08% by paying with the BGB token.
- Taker Fee: The taker fee for futures trading is 0.06%.
- Maker Fee: For futures trading, the platform charges a maker fee of 0.02%.
- Number of cryptocurrencies offered: The exchange supports over 800 crypto tokens.
Reviews
User feedback for Bitget is quite mixed, earning it an overall score of 3.1 out of 5. While many traders appreciate the platform's low fees, fast transactions, and innovative features like copy trading, others have reported significant problems. Common complaints include sudden account freezes, unhelpful customer support, and issues with P2P trading. You can read more detailed user opinions here.
Why Businesses Choose OneSafe for Crypto-Friendly Banking
OneSafe is the financial operating system built for the unique demands of Web3 startups and crypto-native companies. We bridge the gap between traditional finance and the digital asset economy, offering a unified platform to manage your entire treasury, from fiat to crypto.
- Manage both fiat and crypto assets from a single, intuitive dashboard.
- Hold, send, and receive funds in multiple currencies to support your global operations.
- Instantly convert between crypto and fiat with built-in on and off-ramps.
- Issue corporate cards with customizable spending controls for your entire team.
- Execute worldwide payments using traditional rails like ACH and wire transfers.
- Secure your funds with enterprise-grade protection, including Fireblocks-powered custody and multi-factor authentication.
Ready to simplify your crypto-friendly business banking? Sign up with OneSafe.
