Cryptocurrency not only gave the fastest way to transfer money, but also a new organization for trading and earnings, in addition to stocks and other goods. While you can directly sell and buy bitcoins, you can also use exchanges to trade bitcoins to continue trading cryptocurrencies. There are many exchanges where bitcoin trading is secure and secured, and customers are facilitated by a variety of advanced services. As an investor or trader in cryptocurrency, you can choose any of the exchanges for your comfort. However, it is recommended to take a look at the reviews of some before giving them up. Below is a brief overview of the best Bitcoin exchanges around the world.
CoinBase: This is probably one of the most famous and largest bitcoin trading exchanges with dual trading directly and through a wallet. CoinBase was founded in 2012 through the Y-Combinator enterprise search and has grown rapidly since then. It has many lucrative services such as multiple deposit and cash withdrawal options, money transfers between two CoinBase instant, wallets with multiple signature options for more secure transfers, bitcoin deposits insured against any losses, etc. CoinBase has a wide range of payment partners in Europe and the US that seamlessly allow transactions through them. It has relatively low transaction fees and offers bitcoin trading along with a lot of altcoin trading.
CEX.IO: One of the oldest and most well-known exchanges, which was launched in 2013 in London as the Bitcoin Trading Exchange as well as an intermediary for cloud mining. Later, the mining capacity grew so much that it contained almost half the capacity of network mining; however, it was now closed. “CEX.IO” allows customers to expand to a much larger number of bitcoin transactions, and it has the ability to instantly make bitcoin available at a asking price. However, for this exchange a slightly larger amount of exchange is taken, but this is offset by the security and ability to allow multi-currency transactions (dollar, euro and ruble) to purchase bitcoin.
Bitfinex: This is one of the most advanced trading exchanges and it is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has the best options such as leverage, margin and multi-order trading. In addition, Bitfinex offers customizable GUI features, many types of orders such as limit, stop, trailing stop, market, etc. This exchange also offers about 50 currency pairs that can be traded and with easy withdrawals for everyone. One of the largest exchanges in terms of trading volume Bitfinex offers an alias for trades and only for some services requires identification. The only downside to this exchange is that it does not support the purchase of bitcoins or any other altcoins through fiat transactions.
Bitstamp: It was founded in 2011 and is the oldest of the exchanges offering cryptocurrency and bitcoin. Most respected because, despite being the oldest, he has never been a security threat until recently. Bitstamp currently supports four currencies: Bitcoin, Ethereum, Litecoin and Ripple, and is also available in the mobile app in addition to the trading website. It has excellent support for European users or traders who have accounts in European banks. Security is also improved and the type of cold storage, which means that the coins are stored offline. So you can say that hackers cannot penetrate. Finally, its sophisticated user interface suggests that it is not intended for novice users but for professionals and offers relatively low transaction fees.
Kraken: It is one of the largest bitcoin trading exchanges in terms of liquidity, crypto euro trading volumes and Canadian dollar, dollar and yen trading rates. Kraken is the most respected exchange, which is managed through the turmoil of cryptocurrency trading and has managed to keep a number of customers safe, regardless of the fact that other exchanges have been hacked at the same time. Thanks to 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency along with similar withdrawal options. However, it is not suitable for beginners, but has better security features and a lower transaction fee compared to CoinBase. The most important factor for Kraken is that it enjoys the trust of the community and was the first to show volumes and prices at the Bloomberg Terminal.