Cryptocurrency has not only provided the fastest way to transfer money, but also a new object with which to trade and earn money, in addition to stocks and other goods. Although you can sell and buy bitcoin 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: Probably one of the most reputable and largest exchanges for bitcoin trading with double trading directly and through the portfolio. CoinBase was founded in 2012 by opening a Y-Combinator company and has grown rapidly since then. There are many lucrative services such as multiple deposit and withdrawal options, money transfers between two CoinBase are instant, a wallet with multiple signature options for more secure transfers, bitcoin deposits are insured for any loss, etc. CoinBase has a wide variety of payment partners in Europe and the US that seamlessly allow transactions to be made through them. It has relatively low transaction fees and offers bitcoin trading, along with a large number of altcoin trading.
CEX.IO: One of the oldest and most reputable exchanges, launched in 2013, London as a bitcoin exchange and also as a cloud mining assistant. Later, its production capacity increased so much that it held almost half of the network’s production capacity; however, it is now closed. CEX.IO allows customers to expand to a much larger number of bitcoin transactions and has the ability to immediately provide bitcoin at a asking price. However, this exchange is charged a slightly higher amount for exchange, 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 modern trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leverage, margin financing and multi-order trading. In addition, Bitfinex offers custom 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 easily withdrawn for everyone. One of the largest exchanges in terms of trading volume, Bitfinex offers pseudonym for transactions and requires identification for only some of the services. The only drawback of this exchange is that it does not support the purchase of bitcoin or other altcoins through fiat transactions.
Bitstamp: Founded in 2011, it is the oldest exchange that offers cryptocurrency and bitcoin trading. The most respected, because although he is the oldest, he has never been under threat to security until recently. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin and Ripple, and is also available with the mobile app, in addition to a trading website. It has great support for European consumers or merchants who have a Euro Banks account. Security has also been improved by cold storage, which means that coins are stored offline. So you can say that it is completely impossible for a hacker to break in. Finally, its sophisticated user interface suggests that it is not for novice users but for professionals, and offers relatively low transaction fees.
Kraken: This is one of the largest exchanges for bitcoin trading in terms of liquidity, cryptocurrency volumes in euros and trading data in Canadian dollars, US dollars and yen. Kraken is the most respected exchange, managed during the turmoil of cryptocurrency trading and managed to keep the quantities of customers safe, despite other exchanges that were hacked at the same time. With 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 trust in the community and is the first to show the volumes and prices of Bloomberg Terminal.