Nowadays, you no longer need an exchange to buy, sell, stake, borrow or trade crypto. You can do all this directly through a hardware wallet.

For example with the Safepal hardware wallet, you can open a bank account in Switzerland for free and immediately receive a free VISA card.

The Tangem wallet will offer a payment app starting in early 2025, also with a VISA card.

Both SafePal’s and Tangem’s VISA cards can be linked with Google Pay, Apple Pay, PayPal, and more.

If you still want to use an exchange, Binance and Coinbase are a good choice.

Binance

Advantages:

Cheap trading costs. 0.075% with our group discount.

One of the lowest trading costs at the moment.

Free swapping (converting) of cryptocoins.

Most options of all exchanges.

Largest Exchange with by far the largest trading volume, this means that your coins can be bought and sold quickly.

SEPA payments.

Good customer service.

Cons:

No payment card.

Less secure than a hardware wallet.

Open an account with Binance:

You can open an account with Binance with our additional group discounts on trading rates via the following link

 

Coinbase

Advantages:

VISA card

SEPA payments 

Cons:

More expensive trading costs than Binance (0.25 to 5%).

Less secure than a hardware wallet.

To open a Coinbase account you can click here.

 

Conclusion: Both exchanges are a good choice, your choice depends either you want a Visa card or not. A combination of both exchanges is also an option. You can use Binance for the lower trading costs and Coinbase for the Visa card.