Cryptocurrency has provided not only the fastest way to transfer money, but also a new venture to trade and make money in addition to stocks and other commodities. Although you can sell and buy bitcoins directly, you can also use bitcoin exchanges to continue your cryptocurrency transactions. There are many exchanges where bitcoin trading is safe and secure, and customers are also facilitated with many advanced services. As an investor or cryptocurrency trader, you can choose one of the exchanges for your convenience. However, it is advisable to take a look at the reviews of some before giving up on this one. Below is a brief overview of the best bitcoin exchanges in the world.
CoinBase: This is probably one of the most famous and largest exchanges for bitcoin trading with dual trading of objects directly and through the portfolio. CoinBase was founded in 2012 as a venture-finding Y-Combinator and has grown rapidly since then. It has many lucrative services such as multiple options for depositing and withdrawing cash, money transfers between two CoinBase are instant, Wallet facilities with multiple signature options for more secure transfers, Bitcoin deposits are insured for any losses, etc. . of Europe and the United States, 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 famous exchanges, launched in 2013, London as a bitcoin trading exchange and also as a cloud mining facilitator. Later, its production capacity increased so much that it held almost half the capacity of the production network; however, it is now closed. CEX.IO allows customers to expand to a much larger number of bitcoin transactions and has the ability to provide instant bitcoin at a stated price. However, a slightly high exchange rate is charged for this exchange, but this is offset by the security and ability to allow transactions in several currencies (dollar, euro and ruble) to purchase bitcoin.
Bitfinex: This 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 opportunities such as leverage, margin financing and multi-order trading. In addition, Bitfinex offers custom GUI features, many types of orders, such as limit, stop, follow-up, market, and more. This exchange also provides about 50 currency pairs that can be traded with easy withdrawals for everyone. One of the largest exchanges in terms of volume traded Bitfinex offers pseudonym for transactions and only for some of the services requires identification. The only drawback of this exchange is that it does not support the purchase of bitcoin or other altcoin through fiat transactions.
Bitstamp: Founded in 2011 and is the oldest of the exchanges that offer cryptocurrency and bitcoin trading. Most respected, because although he is the oldest, he has never been under threat to security and has not been 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 great support for European consumers or merchants who have a Euro bank account. Security is also enhanced by the type of cold storage, which means that the coins are stored offline, so you can say that it is not possible for any hacker to break in. Finally, its sophisticated user interface suggests that it is not for the novice user, but for professionals, and offers relatively low transaction fees.
Kraken: This is one of the largest exchanges for bitcoin trading in terms of liquidity, volumes of crypto trading in euros and figures for trading in Canadian dollars, US dollars and yen. Kraken is the most respected exchange focused on the turmoil of cryptocurrency trading and has managed to keep customers’ amounts safe, despite other exchanges that 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 similar towing capacity. However, it is not suitable for beginners, but has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is that it has confidence in the community and is the first to show the volumes and prices of the Bloomberg terminal.