Cryptocurrency has not only provided the fastest way to transfer money, but also a new unit to trade and make money in addition to stocks and other commodities. While you can sell and buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue your cryptocurrency trading. There are many exchanges where Bitcoin trading is safe and secure and also customers are facilitated with many enhanced services. Being an investor or trader of cryptocurrencies, you can choose any of the exchanges for your convenience. However it is recommended that you take a look at some reviews before choosing one. Below is a brief summary of the major Bitcoin exchanges worldwide.
CoinBase: is probably one of the most reputable and largest Bitcoin trading exchanges with double ease trading directly and through the portfolio. CoinBase was founded in 2012 both through the acquisition of Y-Combinator ventures and since then it has grown rapidly. There are many lucrative services, such as multiple opportunities to deposit and withdraw money, money transfers between two CoinBase are instant, Portfolio facilities with multiple subscription options for more secure transfers, Bitcoin deposits are secured for any loss, etc. . CoinBase has a wide variety of European and US payment partners, which allow transactions to be carried out through them without interruption. It has relatively low transaction rates and offers Bitcoin trading along with a large number of Altcoin trades as well.
CEX.IO: One of the oldest and most reputable exchanges which started in 2013, London as Bitcoin Trading exchange and also as a facilitator of cloud mining. Later its mining power increased so tremendously that it held almost half of the network’s mining capacity; however, it is now closed. “CEX.IO” allows customers to expand into a much larger amount of Bitcoin trading and has the convenience of making Bitcoin available at the asking price immediately. However, for this exchange charges a slightly higher exchange rate, however this is offset by the security and convenience of allowing multi-currency transactions (Dollar, Euro and Ruble) to buy Bitcoin.
Bitfinex: 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 like lending, margin financing and trading multiple orders. In addition Bitfinex offers customizable GUI features, many types of commands, such as limit, stop, crawl stops, market etc. This exchange also offers about 50 currency pairs that can be traded and easily withdrawn for everyone. One of the largest exchanges in terms of volume traded Bitfinex offers trading nickname and only some of the services that require authentication. The only drawback with this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
Bitstamp: was founded in 2011 and is the oldest of the exchanges offering cryptocurrency and Bitcoin trading. Most respected because despite being older, it has never been under security threat and tills lately. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available with the mobile app, in addition to the website for trading. There is nice support for European users or traders who have their Euro Bank account. Security is advanced and of the cold storage type, which means that coins are stored offline. So you can say that it is not entirely possible for any hacker to penetrate. Finally, its complex 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 Bitcoin trading exchanges in terms of liquidity, trading volumes of euro cryptocurrencies and trading figures of Canadian Dollars, USD and Yen. Kraken is the most respected exchange driven through cryptocurrency trading riots and has managed to keep client amounts safe despite other exchanges being hacked at the same time. With 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrencies along with similar withdrawal capacity. However, it is not suitable for beginners, however it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is that he is trusted by the community and was the first to display volumes and prices at the Bloomberg Terminal.