Not only is cryptocurrency the fastest way to transfer money, it has also provided a new entity to trade in and out of stocks and other commodities and make money. Although you can sell and buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue your trading in cryptocurrencies. There is a lot of safe and secure exchange for Bitcoin trading and it is made easier for customers with many extended services. Whether you are a cryptocurrency investor or a trader, you can choose any exchange for your convenience. However, it is advisable to look at some reviews before choosing one. Below is a brief overview of major Bitcoin exchanges around the world.
CoinBase: Probably one of the most popular and largest Bitcoin exchanges in the world, trading double installations directly and through your wallet. CoinBase was founded in 2012 through Y-Combinator’s venture discovery and has grown rapidly since then. It has many lucrative services, such as multiple cash storage and withdrawal options, instant transfers between two CoinBases, multiple sign-up options for more secure transfers, Bitcoin deposits are insured for any losses, and more. CoinBase has a number of payment partners. European and US, which allow transactions to be carried out through them. It has a relatively low transaction fee and offers Bitcoin trading along with a large amount of Altcoin trading.
CEX.IO: One of the oldest and most famous exchanges started in 2013, as a London Bitcoin Trading exchange and as a cloud mining facilitator. Later his mining capacity grew tremendously, where he held almost half of the network’s mining powers; however, it is now closed. “CEX.IO” allows customers to expand their trading to larger amounts of Bitcoin, and to make Bitcoin immediately available at the asking price. However, this exchange charges a large amount of exchange, however, it compensates for the security and ease of allowing multi-currency transactions (dollars, euros and rubles) to buy Bitcoin.
Bitfinex: It is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum and Bitcoin, this exchange has better options like leverage, margin financing, and multi-demand trading. In addition, Bitfinex offers customizable GUI features for many types of requests, such as limit, stop, end stop, market, and so on. This exchange also offers about 50 currency pairs with easy withdrawals that are negotiable and easy for everyone. One of the largest exchanges in terms of volume traded by Bitfinex offers a pseudonym for trading and only for certain services that require identification. The only downside to this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.
Bitstamp: Founded in 2011 and is the oldest exchange that offers cryptocurrency and Bitcoin trading. The most respected, even the oldest, has never been under security threat until recently. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available with the mobile app, in addition to the trading website. It has great support for European users or traders who have a bank account. The security is advanced and cold storage type, which means the coins are stored offline. So you can say that you can’t include hackers. Finally, its complex user interface suggests that it is not for novice users but for professionals and offers relatively low transaction fees.
Kraken: Bitcoin is one of the largest trading exchanges in terms of liquidity, crypto euro trading volumes and Canadian dollar, USD and Yen trading figures. The most respected exchange in Kraken is the one focused on the whirlwind of cryptocurrency trading and has managed to keep the number of customers safe, no matter what other exchanges are being hacked at the same time. With 14+ cryptocurrency trading facilities, the user can save fiat and cryptocurrency with similar withdrawal capability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor in Kraken is that it is trusted in the community and has been the first to display the volumes and prices of the Bloomberg Terminal.