Cryptocurrency not only provides the fastest way to transfer money, but is also a new entity to trade and to get money apart from stocks and other commodities. While you can directly sell and buy Bitcoin, you can also use Bitcoin trading exchanges to sustain your cryptocurrency trades. There are many exchanges where Bitcoin trading is safe and secure and customers are also facilitated by many enhanced services. As a cryptocurrency investor or trader you can choose any exchanges for your convenience. It is however recommended to sneak peek at a few reviews before choosing one. Below is a brief overview of the leading Bitcoin exchanges around the world.
CoinBase: This is probably one of the most popular and widely used Bitcoin trading exchanges directly and through the wallet trading in both facilities. CoinBase was founded in 2012 as a result of the search for Y-Combinator and since then it has grown rapidly. It has many useful services such as multiple options to deposit and withdraw money, money transfers between two CoinBase instantly, Wallet facilities with multiple signature options for more secure transfers, Bitcoin deposits are insured for any loss and so on. in Europe and the US, seamlessly allowing transactions to be carried out through them. It has a small transaction fee and offers Bitcoin trading along with a large amount of Altcoin trading as well.
CEX.IO: One of the oldest and most famous exchanges launched in 2013, London as Bitcoin Exchange exchange as well as a cloud mining facilitator. Later its mining power grew so large that it held almost half of the network’s mining capacities; however, it is already closed. “CEX.IO” allows customers to expand the maximum amount of Bitcoin trading, and it has the facility to use Bitcoin immediately at the requested price. However, for this exchange charges a small amount in exchange for the exchange, although it is paid for security and facilities that allow multi-currency transactions (Dollar, Euro, and Ruble) to buy Bitcoin.
Bitfinex: This is one of the most advanced trading exchanges and it is especially suitable for experienced crypto-currency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leveraging, margin funds and multiple trading orders. In addition to this Bitfinex offers customizable GUI features, many order types, such as limit, stop, trailing stop, market etc. This exchange also offers about 50 currency pairs that can be traded and have quick retreat for all. One of the most widely traded exchanges on Bitfinex offers pseudonymity for trades and only for certain services it requires. The only drawback of 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 exchange offering cryptocurrency and Bitcoin transactions. More respected because even the oldest it is not yet at risk of security and has been repaired recently. Bitstamp now supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available with the mobile app, which is separate from the website to retail. It has good support for European users or traders who have their account with Euro Banks. Security is advanced and has a cold storage type, which means coins are stored offline. So you can say it’s not possible for any hacker to get through. The end of all the complicated user interface suggests that it is not for the novice user but for the professionals and it offers a small transaction fee.
Kraken: It’s one of the most traded Bitcoin exchanges in terms of liquidity, most crypto crypto trading and trading numbers in Canadian Dollars, USD and Yen. Kraken is the most respected exchange that handles the turmoil in cryptocurrency trades and keeps customer value safe no matter what other exchanges are hacked at the same time. With 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency with the same capacity for withdrawal. However, it is not suitable for beginners and it has better security features and lower transaction fees in relation to CoinBase. The most important reason for Kraken is that it is trusted by the community and first displays Bloomberg Terminal volumes and prices.