The cryptocurrency not only provided the fastest way to transfer money, but also a new entity that could be traded and earned, except for stocks and other commodities. While you can sell and buy Bitcoin directly, you can also use Bitcoin exchanges to continue trading in cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure, and customers are facilitated by a number of advanced services. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, before abandoning one of them, it is recommended to review some reviews. Below is a brief overview of the best Bitcoin exchanges around the world.
CoinBase: This is probably one of Bitcoin’s best-known and largest stock exchanges, trading dual options directly and through the wallet. CoinBase was founded in 2012 in search of risk in the Y-Combinator and has grown rapidly since then. It has many lucrative services such as multiple cash deposit and cash options, money transfers between the two CoinBases are instantaneous, Money services with many signature options to make the transfer more secure, Bitcoin deposits are insured against any loss and etc. CoinBase has a wide range of payment partners. European and US, which allow transactions to run smoothly through them. It has relatively low transaction fees and offers trading in Bitcoin and a large portion of Altcoin’s trading.
CEX.IO: One of the oldest and best-known exchanges, launched in 2013, is London as a Bitcoin Trading exchange and cloud mining broker. Subsequently, its mining capacity increased so much that it occupied almost half of the network’s mining capacity; but now it is closed. CEX.IO allows customers to expand sales in much larger quantities, and it has the ability to instantly make Bitcoin available at a asking price. However, a slightly large amount of currency is required to pay for this currency, but this is offset by the security and ability to buy Bitcoin in transactions in multiple currencies (dollars, euros and rubles).
Bitfinex: This is one of the most advanced trading exchanges and it is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum and Bitcoin, this exchange has better opportunities such as Leverage, margin financing and multi-order trading. In addition, Bitfinex offers customizable GUI features, many types of orders, such as Limit, Stop, End Stop, Market, and more. This exchange also features about 50 currency pairs that can be traded and are easy to remove. One of the largest stock exchanges in terms of turnover, Bitfinex offers a pseudonym for trading and only some services require identification. The only downside to this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
Bitstamp: It was founded in 2011. And is the oldest of the exchanges offering cryptocurrencies and Bitcoin transactions. Most respected because, despite being the oldest, there has never been a threat to security lately. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin and Ripple, and is available with the mobile app, except for the trading website. It is a great support for European consumers or merchants with a Euro bank account. Security is an advanced and cold storage type, which means that coins are stored offline. So you can say that it is completely impossible for any hacker to break into. The latest sophisticated user interface shows that it is not for beginners but for professionals and offers relatively low transaction fees.
Kraken: This is one of Bitcoin’s largest trading exchanges in terms of liquidity, cryptographic volume of the euro and trading rates for the Canadian dollar, USD and yen. Kraken is the most respected exchange focused on the turmoil in cryptocurrency transactions and has been able to protect the number of clients, despite the fact that other exchanges have been hacked at the same time. With more than 14 cryptocurrency trading options, the user can deposit fiat, as well as cryptocurrency, as well as similar withdrawal capacity. However, it is not suitable for beginners, but has better security features and low transaction fees compared to CoinBase. The most important factor for Kraken is that it is reliable to the community and was the first to show the volume and prices of the Bloomberg terminal.