Cryptocurrency has given not only the fastest way to transfer money, but also a new organization with which you can trade and make money other than stocks and other commodities. While you can directly sell and buy bitcoin, you can also use bitcoin exchanges to continue your cryptocurrency trading.
There are many exchanges where bitcoin trading is safe and secure, and customers are also provided with many advanced services. As an investor or cryptocurrency trader, you can choose any of the exchanges for your comfort. However, it is recommended to spy on the reviews of some before giving up the choice. Below is a brief overview of the best bitcoin exchanges around the world.
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CoinBase: This is probably one of the most famous and largest bitcoin exchanges that trade double funds directly and through a wallet. CoinBase was founded in 2012 thanks to a venture search for the Y-Combinator and has grown rapidly since then. It has many lucrative services such as multiple deposit and withdrawal options, money transfers between two CoinBase instant, wallet funds with multiple signature options for more secure transfers, Bitcoin deposits insured for any occasion, etc. Europe and the United States, which freely allow transactions through them. It has relatively low transaction fees and offers bitcoin trading along with plenty of altcoin trading.
CEX.IO: one of the oldest and most well-known exchanges, launched in 2013, London as a bitcoin trading exchange as well as as a cloud mining intermediary. Later, the capacity of mining increased so much that it occupied almost half the capacity of network mining; however, it is now closed. “CEX.IO” allows customers to expand a much larger volume of transactions with bitcoins, and it has the ability to instantly provide bitcoin at a asking price. However, this exchange takes a high amount of exchange, but this is offset by the security and ability to 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 cryptocurrency traders. With high liquidity for Ethereum as well as for bitcoins, this exchange has the best options such as credit exposure, 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 provides about 50 currency pairs that can be traded and with easy withdrawal for everyone. One of the largest exchanges in terms of trading volume Bitfinex offers a pseudonym for transactions, and only some services require 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 transactions with cryptocurrency and bitcoins. Most respected because, despite being the oldest, he has never been a security threat lately. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple, and is available with a mobile app in addition to a website to trade. It has excellent support for European users or traders who have a Eurobank account. Security is extended and stored in cold storage, which means the coins are stored offline, so you can tell that hacker intrusion is completely impossible. Finally, its sophisticated user interface suggests that it is not for beginners but for professionals and offers a relatively low transaction fee.
Kraken: It is one of the largest stock exchanges in terms of liquidity, trading volume of the euro and source indicators of Canadian dollars, US dollars and yen. The most respected Kraken exchanges, which are managed through the turmoil of cryptocurrency trading, have managed to keep a number of customers safe, no matter which other exchanges are hacked at the same time. Having 14 or more opportunities to trade cryptocurrency, the user can make a deposit as well as cryptocurrency along with a similar withdrawal capacity. 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 he is trusted in society and he was the first to show volumes and prices at the Bloomberg terminal.