Cryptocurrency has not only provided the fastest way to transfer money, but also a new entity for trade and earnings, apart from stocks and other commodities. Although you can sell and buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue trading cryptocurrencies. There are many exchanges where bitcoin trading is safe and secure, and many expanded services have been made easier for customers. Since you are an investor or a cryptocurrency trader, you can choose any stock exchange for your convenience. However, it is advisable to peek into the reviews of some before giving up on one. Below is a brief overview of the best Bitcoin exchanges around the world.
CoinBase: It is probably one of the most reputable and largest exchanges for trading bitcoins with double trading directly and through a wallet. CoinBase was founded in 2012 as a venture invention of the Y-Combinator and has grown rapidly since then. There are many lucrative services such as multiple options for depositing and withdrawing cash, money transfers between two CoinBase are current, wallets with multiple signature options for more secure transfers, Bitcoin deposits are insured for any loss, etc. CoinBase has a wide range of payment partners in Europe and the US, which seamlessly allow transactions to take place through them. 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 reputable exchanges launched in 2013, London as a Bitcoin Trading Exchange and also as a facilitator for cloud mining. 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 amount of Bitcoin stores and has the ability to immediately make Bitcoin available at the requested price. However, this exchange is subject to a slightly higher amount of exchange, but this is offset by the security and ability to enable a multi-currency transaction (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 Bitcoin, this exchange has better options such as leverage, marginal financing and multi-account trading. In addition to this, Bitfinex offers customizable GUI features, many types of accounts, such as limit, stop, trailing stop, market, etc. This exchange also offers about 50 currency pairs that can be traded and with easy withdrawal for everyone. One of the largest exchanges in terms of trading volume Bitfinex offers pseudonymity for trades and requires identification for only some of the services. 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 exchange that offers cryptocurrency and bitcoin trading. The most appreciated because, despite being the oldest, he has never been endangered until recently. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple, and is also available with the mobile app, in addition to the trade website. It has excellent support for European users or merchants who have an account with Euro banks. Security is also advanced and cooler type, which means coins are stored 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 stock exchanges for bitcoin trading 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 run through the turmoil in cryptocurrency trading and has managed to keep the amounts of buyers regardless of whether other stock exchanges have been hacked at the same time. With 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency along with similar withdrawal capacity. 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.