Cryptocurrency not only provided the fastest way to transfer money, but also a new entity for trading and earning, in addition to stocks and other commodities. Although you can sell and buy Bitcoin directly, you can also use Bitcoin exchanges to continue trading cryptocurrencies. There are many exchanges where Bitcoin trading is safe and secure, and customers are facilitated by many extended services. As an investor or cryptocurrency trader, you can choose any exchange for your convenience. Still, it is recommended to take a peek at the reviews of some before opting for one. Below is a brief overview of the best bitcoin exchanges around the world.
CoinBase: It is probably one of the most famous and largest bitcoin trading exchanges with double objects that trade directly and through wallets. CoinBase was founded in 2012 through the venture invention of the Y-Combinator and has grown rapidly since then. There are many lucrative services like multiple deposit and cash withdrawal options, cash transfers between two CoinBase are current, multiple signature wallet contents for more secure transfers, Bitcoin deposits are insured for any loss, etc. CoinBase has a wide range of payment partners in Europe and the United States, which allow transactions to be performed through them without hindrance. It has relatively low transaction fees and offers Bitcoin trading, along with a large number of Altcoin trades.
CEX.IO: One of the oldest and most well-known exchanges launched in 2013, London as a Bitcoin Trading Exchange, and also as a cloud mining facilitator. Later, its mining power grew so enormously that it held almost half of the network’s mining capacity; however, it is now closed. “CEX.IO” allows customers to expand to a much larger volume of Bitcoin trading, and has the ability to make Bitcoin immediately available at the requested price. However, a slightly high amount of exchange is charged for this exchange, but this is offset by the security and ability to enable multi-currency transactions (dollar, euro and ruble) to purchase bitcoin.
Bitfinex: It is one of the most advanced trading exchanges, and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as for Bitcoin, this exchange has better options such as leverage, margin financing and multi-account trading. In addition, Bitfinex offers customizable GUI features, many types of orders, such as limits, stops, follow-ups, markets, and more. This exchange also offers about 50 currency pairs that can be traded and that can be easily picked up for everyone. One of the largest exchanges in terms of volume traded Bitfinex offers a pseudonym for trading and only some services require identification. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
Bitstamp: Founded in 2011, it is the oldest stock exchange offering cryptocurrency and Bitcoin trading. Most appreciated because, despite being the oldest, he has never been under security threat lately. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple, and is also available with the mobile app, in addition to the trading website. It has nice support for European users or merchants who have an account in Euro banks. Security is advanced and is of the cold type, which means that the coins are kept offline. So you can say that it is completely impossible for any hacker to infiltrate. Finally, its complex user interface suggests it is not for beginners but for professionals and offers relatively low transaction fees.
Kraken: It is one of the largest bitcoin trading exchanges in terms of liquidity, the volume of crypto trading in euros and trading in Canadian dollars, US dollars and yen. Kraken is the most respected stock exchange targeted through the turmoil of cryptocurrency trading and has managed to keep the amount of buyers safe despite the fact that other stock exchanges have been hacked at the same time. With more than 14 cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency, along with a similar capacity to withdraw money. However, it is not suitable for beginners, but it has better security features and low transaction fees compared to CoinBase. The most important factor for Kraken is that he is trusted in the community and that he was the first to show the quantities and prices at the Bloomberg terminal.