Selecting the Best Crypto Exchanges In Guyana can be daunting task, given all of the available options and their differing features. Your choice of cryptocurrency exchange matters immensely; your decision could influence how profitable and straightforward trading becomes, how easily coins can be purchased/sold and whether or not they’re applicable in Guyana at all.
Here Is List Of Best Crypto Exchanges In Guyana
- Capital.com
- Symlix
- Bit2Me
- Pursa
- SpectroCoin
- CoinField
- Kraken
- Cex.io
- Paxful
- Binance
- Skilling
- Coinbase
- AvaTrade
- Exness
- OKX
- Nexo
16 Best Crypto Exchanges In Guyana
1. Capital.com
Capital provides users with an efficient platform to trade crypto alongside stocks, commodities, forex, market indices and ETFs without incurring any trading fees. Supported are over 100 cryptocurrencies which users can leverage up to 2x (and up to 500x for other assets).
Capital charges a tight spread ranging between 0.1%-0.3% depending on the asset, making the overall costs associated with using their platform (0% trading commissions plus 0.1%-0.3% spreads) very affordable. They offer both desktop trading platforms as well as well-rated mobile apps for Android and iOS that rate at 4.7/5 and an excellent demo account where real assets can be practiced live trading in real time.
Capital has received licenses from both Australian Securities and Investments Commission (ASIC) in Australia and UK’s Financial Conduct Authority (FCA), making it a safe, secure platform. Every user receives their own dedicated account manager who they can reach by phone or email anytime – an integral component to Capital’s exceptional customer support service team’s outstanding reviews.
Capital offers free deposits and withdrawals, no trading commissions are ever applied regardless of whether you place spot orders or limit orders, and is ISO 27001 compliant, providing an extremely safe platform to trade on.
Capital’s biggest downfall is that account verification may take several days due to their overloaded verification team; however, by signing up through my referral link you can avoid this waitlist and start trading immediately.
2. Symlix (Best Crypto Exchanges In Guyana)
Symlix is a crypto marketplace where users can trade over 100 of the largest cryptocurrencies such as Ethereum, Bitcoin, Dogecoin and BNB. Using an advanced escrow system which locks away crypto assets until their delivery to their seller and only releases when both assets (or fiat) have been delivered successfully.
Symlix is free for buyers; only sellers need to pay the transaction fee when listing assets – this fee varies by cryptocurrency but should remain well under 1%. Plus, once registered with Symlix you’ll gain access to real-time portfolio value tracker so you can keep tabs on all of your gains in one convenient place!
Symlix supports over 100 payment methods from across the globe and their customer support is available around-the-clock to assist with trades. Crypto assets are kept safely stored in cold storage, and you could become an escrow agent and expedite transactions to earn commission.
3. Bit2Me
Bit2Me, located in Alicante, Spain, is an extensively regulated cryptocurrency exchange offering FDIC insurance up to EUR250,000 through partnerships with leading Spanish banks like ING Direct, Abanca, Caja Popular and Bankinter.
Bit2Me supports over 70 of the largest cryptocurrencies, such as Bitcoin, Bitcoin Cash, Dash, Ethereum and Litecoin. With fiat-to-crypto purchases available it makes for easy purchases for new investors looking for their first crypto assets are kept securely offline within cold storage for added protection.
Bit2Me’s new user promotion gives you an incentive of EUR5 after your first purchase and allows you to potentially earn up to $1,000 through referral programs by inviting friends and family.
4. Pursa (Best Crypto Exchanges In Guyana)
Pursa stands out among crypto exchanges on this list due to being an independent P2P cryptocurrency exchange based in Cameroon founded by Mbuh Jude with the purpose of providing an fully decentralized trading platform. When you trade on Pursa you don’t deposit anything – instead you trade directly with buyers.
Pursa offers many advantages over regular exchanges; among them is no deposit or withdrawal fees and only pays spreads between 1-3%; also there is no registration process, with transactions completed instantly and anonymously into your wallet.
Pursa offers services in over 200 countries, and features an attractive referral program: you could earn up to 20% of all sales that your referral makes – without any limitations on number of friends you invite. One major downside, however, is that only Bitcoin trading can take place through this platform.
5. SpectroCoin
SpectroCoin was first launched in 2013 and is one of the oldest crypto exchanges. It supports 49 of the biggest cryptocurrencies such as Bitcoin (BTC), Polygon (MATIC), and Polkadot (POL). Furthermore, 14 payment methods including SEPA, Skrill and Neteller are supported as payment options.
SpectroCoin does not charge makers any fees to list their cryptocurrency in the market, with makers even receiving up to 0.1% in listing payments for listing it there. Taker’s are charged a flat 0.1% transaction fee when trading takes place – deposits are free while withdrawal incur only network fees (0.0005 BTC for Bitcoin withdrawal).
SpectroCoin provides collateralized loans at competitive APR (8.55% for BTC loans) and up to 75% LTV. This enables investors to diversify their investments without losing long positions on crypto assets. They have also released a crypto debit card which can be loaded up with either fiat currency or cryptocurrency for easy use wherever Visa cards are accepted.
One of the drawbacks of SpectroCoin lies in its dependency on BNK token, with holders required to hold these tokens in order to access lower trading fees and loan APR. Fiat deposit/withdrawal fees can reach 5.5% depending on payment method used.
6. CoinField (Best Crypto Exchanges In Guyana)
CoinField, established in 2018, offers cryptocurrency trading in 187 countries around the world. Supported are 20+ major cryptocurrencies, dozens of trading pairs and six fiat currencies such as USD, EUR and CAD.
CoinField’s native token, the CoinField Coin (CFC), allows users to stake CFC tokens and earn from 5%-15% annually depending on which Staking Program you select. Lock-in periods range from 6-24 months; those longer lock in assets hard and cannot be withdrawn early from them early. Staking rewards are distributed daily with up to 50% rebates in trading fees when using an exchange platform as an added perk for CFC holders.
CoinField’s services also include an OTC trading desk tailored specifically to high-volume traders, an up-and-coming altcoin list in real time, and an NFT Marketplace (scheduled for release later). CoinField uses multi-signature wallets stored geo-diversified servers for increased security as well as third party audits of any vulnerabilities detected.
7. Kraken
Established in 2011, Kraken is an exchange that supports more than 87 cryptocurrency assets and various order types (such as stop loss and stop limit orders). Being located within the US requires meeting stringent security protocols, making Kraken an exceptionally safe marketplace.
Intermediate and Pro users can trade futures contracts and use up to 5x leverage with 30+ cryptocurrencies, keeping 95% offline in cold storage for optimal safety and employing a Global Settings Lock (GSL) and Master Key system that prevent unauthorized changes even if your password and 2FA systems have been compromised.
Kraken charges fees ranging from 0.16% for makers to 0.26% for takers, with fees decreasing if you trade more than $50,000 within 30 days. It provides price data to Bloomberg Terminal and can be accessed in over 175 countries worldwide – making it one of the world’s premier cryptocurrency exchanges.
Kraken offers a staking platform on 17 assets (including US dollar). However, with an annual percentage yield (APY) maximum of 23% APY it offers lower returns than some staking providers (such as just 0.25% on Bitcoin).
8. Cex.io (Top Crypto Exchanges In Guyana)
CEX.IO is an established cryptocurrency exchange based in the UK since 2013. Since 2013, it has gained widespread acclaim as a dependable platform for buying, selling, and trading various cryptocurrencies including Bitcoin, Ethereum, Ripple and many others. CEX.IO boasts a user-friendly platform designed for both novice and veteran traders, making it popular among cryptocurrency enthusiasts worldwide.
CEX.IO provides various trading pairs, tools and features such as margin trading and staking services – making this exchange extremely user friendly! CEX.IO emphasizes security by adhering to regulatory standards and offering strong safeguards to safeguard user funds. Crypto investments carry inherent risks; CEX.IO users should conduct thorough research before trading on any platform – including CEX.IO!
9. Paxful
Paxful stands out as one of the top cryptocurrency exchanges for users in Guyana. While not physically located there, its peer-to-peer platform provides an accessible and adaptable way for Guyanese individuals to engage with cryptocurrencies. Paxful provides users with various payment methods tailored specifically for Guyanese residents making.
it a convenient option for purchasing, selling and trading digital currencies. Paxful’s emphasis on peer-to-peer transactions allows for flexibility; however users should still exercise due diligence when participating in trades to ensure both safety and security of both their investments and transactions and investments.
10. Binance (Best Crypto Exchanges In Guyana)
Binance has long been recognized as one of the premier cryptocurrency exchanges worldwide and offers users in Guyana one of the best options available to them. Guyana boasts a comprehensive selection of cryptocurrencies available for trading, making this platform an attractive option for anyone in Guyana looking to diversify their digital asset portfolios.
Binance offers an intuitive user-experience designed for both novice and expert traders, with advanced trading features for experienced traders. Even though Binance does not have physical locations in Guyana, residents can access its platform easily while enjoying its robust security measures.
However, it’s essential to remain informed of local regulations and compliance requirements for cryptocurrency trading, as laws can vary depending on your location. Conducting thorough research, managing risks carefully, and employing strong security practices is the cornerstone of ensuring a successful trading experience.
11. Skilling
Skilling is favorite beginner-friendly platform that makes commodity trading accessible for everyone. You can trade over 55 cryptocurrencies on Skilling, making the system both portable and accessible from both apps and desktop PCs.
Skilling’s best feature is its integration with TradingView, so that users can chart trading ideas before sending them directly into their trading account. Furthermore, Skilling features user-friendly software for trading from phones or browsers including its proprietary Skilling Trader as well as professional platforms like cTrader.
Skilling charges a maker and taker fee of 0.1% on all cryptocurrency trades that occur through Skilling.
12. Coinbase (Top Crypto Exchanges In Guyana)
Coinbase is go-to public crypto platform! They provide over 170 cryptocurrencies for trading and offer secure wallet storage as well as automatic staking rewards on 10+ cryptos through Coinbase Earn.
Public companies provide transparency and renown, so you can trust that any money on Coinbase is secure as there are over 100 million other users sharing the platform with you. Insurance coverage up to $250,000 protects cash balances on Coinbase while the majority of assets are stored offline in cold storage facilities.
Fees: Trading fees begin at 0.6% but decrease as your trading volume does. Bank transfer deposits and withdrawals are free while other payment methods may incur fees. Wallet-to-wallet crypto transactions do not incur fees but blockchain fees must still be paid. Coinbase charges a 25% staking service fee.
13. AvaTrade
They love AvaTrade because of its user-friendly trading software for anyone aspiring to professional trading. AvaTrade is a CFD broker where over 800 markets, such as forex, stocks, commodities, indices, ETFs bonds and cryptocurrency can be traded.
AvaTrade integrates seamlessly with popular trading software such as MetaTrader 4 and 5 while also boasting its own custom and award-winning mobile application AvaTradeGo. Having been around since 2006, AvaTrade is extensively regulated in Europe, Australia, Japan, British Virgin Islands, UAE and South Africa.
Fees: There is no commission charged when trading through AvaTrade; AvaTrade instead makes money through bid/ask spreads, with stock spreads starting from 0.13 pips and forex from 0.7 pips respectively. Overnight positions incur a swap fee that varies based on size; an inactivity fee of PS50 applies if no activity occurs for three consecutive months.
14. Exness (Best Crypto Exchanges In Guyana)
Exness provides tight spread trading and a bespoke trading experience, offering over 35 cryptocurrencies such as Bitcoin, Ethereum and Litecoin.
Exness offers an impressive selection of professional-style trading tools and account types designed to accommodate traders of all experience levels. Beginners can take advantage of free demo accounts or micro-lots for low minimum trades; more experienced traders may prefer using Exness Terminal directly or connecting it to MetaTrader software and trading from there.
Fees: Standard accounts do not incur commission charges but instead incur spread expenses which typically begin from 7 pips on cryptocurrency assets and may go higher; additional overnight fees may also apply (except swap-free accounts).
15. OKX
OKX stands out as an adaptable and flexible exchange, with its app offering three versions based on how you trade. Starters should opt for the beginner-friendly Lite version; NFT traders may opt for Web3 trading; while advanced traders can utilize its Pro version’s full array of trading tools.
With either an app or desktop computer, you can trade 350+ crypto coins on one of the world’s premier crypto exchanges. Fund your account easily through multiple simple payment methods and access discounts when holding or trading high volumes with OKB token.
Fees: Regular users pay a 0.1% trading fee when trading crypto spot-wise, with OKB crypto holders qualifying for up to 0.02% off for holding over 2,000 coins. High volume traders also enjoy discounted fees, with those trading over $10,000,000,000,000 per 30 day trading volume receiving their best pricing option.
16. Nexo (Best Crypto Exchanges In Guyana)
Nexo makes shopping rewarding by giving back rewards every time. Trade 60+ cryptocurrencies for rewards of up to 0.5% with every transaction and store them securely with Nexo for passive interest payments that build your wealth over time.
Nexo makes mobile trading effortless – you can trade anywhere at any time from any mobile app and it is designed with simplicity in mind. All trades are locked-in at the rate you see on screen so there won’t be any price slippage; additionally, any cryptocurrency held in your account automatically starts earning interest!
Nexo charges a 2% spread on buy and sell transactions, while there is no fee to store coins in your Nexo account. Your loyalty tier determines how many withdrawals are included free, while any additional ones incurring a network fee.
What to Look For in an Outstanding Guyanese Crypto Exchange
Supported coins: For the best Guyanese crypto exchanges to succeed, at least 20 or 30 coins must be available, such as all major digital assets like Bitcoin, Ethereum and Dogecoin. Exchanges that regularly add new coins will tend to provide better customer support; adding them is also often an indication of forward thinking exchanges.
User Interface: Selecting an easy-to-use trading platform is especially essential for newcomers to the cryptocurrency markets, while experienced investors should prioritize exchanges offering advanced features like advanced order types and transaction exports for tax reasons.
Fees: Crypto exchanges all charge fees (in the form of trading commissions and bid-ask spreads), which may differ significantly between platforms. I’ve carefully selected low-fee platforms here in order to maximize profits for you.
Regulation: Trading with a well-regulated exchange is much safer when markets don’t go your way, particularly during periods when liquidity issues may prevent trading opportunities from opening up for you. Some exchanges even provide depositors’ insurance protection which helps ensure your assets stay protected should any liquidity problems arise on the platform itself.
Deposit and Withdrawal Options: Your chosen exchange should provide multiple deposit/withdrawal methods (bank transfers, debit/credit cards, PayPal etc) so you can easily move funds in and out of your account. The more options there are available to you the better it will be for your financial wellbeing.
Security: For maximum account protection, look for an exchange that implements multiple layers of security measures – two-factor authentication and at least 95% cold storage are two key examples; other safeguards like daily offsite backups, third-party audits, and email confirmations can further protect your account.
Customer Support: The top crypto exchanges pride themselves on having friendly, responsive support teams that can assist users through any problems that may arise. I take special note of which channels each exchange offers support through, response times and response quality as well as any user reviews regarding customer support they’ve received.
What kind of Guyanese crypto exchanges exist?
Most crypto investors tend to utilise global cryptocurrency exchanges such as Binance or Coinbase; however, cryptocurrency exchanges in Guyana come in various forms and here is an outline of some of them:
Centralised Exchange. Centralised exchanges operate under the supervision of an authority – typically a company – which has custody over all funds that you deposit into an account and trade through them; for instance, Binance is one such platform.
Decentralized. On decentralised exchanges, there is no central authority. Instead, buyers and sellers negotiate directly between themselves without going through crypto trading platforms as middlemen; you don’t create accounts – crypto transfers between wallets as soon as a transaction takes place.
Peer-to-peer (P2P). A peer-to-peer exchange operates similarly to decentralised markets, but with one important distinction. While transactions take place directly between parties involved, a central body acts as the intermediary. When both sides make payment for an exchange transaction, funds will be released by that intermediary as soon as both have sent money into it.
Best Crypto Exchanges In Guyana Conclusion
Guyana may offer limited cryptocurrency exchange options locally. Individuals in Guyana looking to participate in cryptocurrency can turn to international platforms like Binance and Paxful for trading opportunities. Binance stands out with its comprehensive offering of cryptocurrencies and user-friendly interface, making it suitable for both novice traders and experienced ones.
Paxful stands out due to its peer-to-peer marketplace catering specifically to local payment preferences. While these platforms present opportunities to cryptocurrency enthusiasts in Guyana, it’s vital that users practice caution, conduct research, and stay updated on any regulatory changes to ensure a smooth trading experience and compliance. Crypto investments carry inherent risks that must be carefully managed; users should approach each platform carefully with due diligence and risk mitigation in mind.
Best Crypto Exchanges In Guyana FAQ
Are there any cryptocurrency exchanges based in Guyana?
there were no significant cryptocurrency exchanges based in Guyana. Most cryptocurrency exchanges used by Guyanese individuals are international platforms.
What are some popular international cryptocurrency exchanges used in Guyana?
Popular international exchanges used in Guyana include Binance and Paxful. Binance offers a wide range of cryptocurrencies and trading features, while Paxful is known for its peer-to-peer marketplace with diverse payment options.
Can I trade cryptocurrencies on Binance or Paxful from Guyana?
Yes, residents of Guyana can access and trade cryptocurrencies on platforms like Binance and Paxful. These exchanges are accessible to users from around the world, including Guyana.
How do I get started with trading cryptocurrencies on these platforms?
To get started, sign up for an account on the exchange of your choice, complete the necessary verification steps, deposit funds, and start trading. Both Binance and Paxful provide user-friendly interfaces and educational resources to help you begin.
Are there any legal restrictions on cryptocurrency trading in Guyana?
Cryptocurrency regulations can change, so it’s important to stay updated. As of my last update, Guyana did not have specific cryptocurrency regulations. However, always check with local authorities for the latest legal requirements and tax obligations related to cryptocurrency trading.