Cryptocurrencies have not only provided the fastest way to transfer money, but also a new entity to trade stocks and other commodities and make money. While you can sell and buy bitcoins directly, you can use bitcoin trading exchanges to conduct your business in cryptocurrency. There are many exchanges where Bitcoin trading is safe and secure and customers are offered many enhanced services. Being a cryptocurrency investor or trader you can choose any exchange for your convenience. However, it is recommended to peek into some reviews before opting out Below is a brief review of the top Bitcoin exchanges in the world
CoinBase: This is probably one of the most reputable and largest bitcoin trading exchanges with dual benefits trading directly and via wallet. CoinBase was founded in 2012 by Y-Combinator’s venture search and has grown rapidly since then. It has many beneficial services such as multiple cash deposit and withdrawal options, instant money transfer between two coinbases, wallet facility with multiple signature options for more secure transfers, Bitcoin deposits are insured against any loss, etc. CoinBase has a variety of payment partners. Europe and the US, who allow transactions to run through them seamlessly. It has relatively low transaction fees and offers a large amount of Altcoin trading in addition to Bitcoin trading.
CEX.IO: One of the oldest and reputed exchanges started in 2013, London Bitcoin Trading Exchange and also as Cloud Mining Facilitator. Later its mining capacity increased so much that it held almost half of the network’s mining capacity; However, it has now been discontinued. “CEX.IO” allows customers to expand their Bitcoin trading to a much larger scale and has the advantage of instantly making Bitcoins available at the requested price. However, this exchange charges a bit higher exchange rate, yet this is compensated for by the security and convenience of allowing multi-currency transactions (dollars, euros and rubles) for buying bitcoins.
Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced crypto-currency traders. With higher liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leveraging, margin funding and multiple order trading. Apart from this Bitfinex offers customizable GUI features, many order types like limit, stop, trailing stop, market etc. This exchange also offers around 50 currency pairs that can be traded and withdrawn easily for everyone. Bitfinex, one of the largest exchanges in terms of trading volume, offers pseudonyms for trades and only requires identification for some services. The only drawback of this exchange is that it does not support buying Bitcoin or any other altcoin via fiat transactions.
Bitstamp: It was founded in 2011 and is one of the oldest exchanges offering cryptocurrency and bitcoin trade. The most respected cause despite being the oldest has never faced a security threat and has been in recent times. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is available for trading from the website as well as the mobile app. It has nice support for European users or traders who have their accounts in Euro banks. Security is enhanced and cold storage type, meaning coins are stored offline So you can say that it is completely impossible for a hacker to penetrate Finally its uncomplicated user interface suggests that it is not for novice users but for professionals and it offers relatively low transaction fees.
Kraken: This is one of the largest Bitcoin trading exchanges in terms of liquidity, Euro crypto trading volume and trading statistics for Canadian Dollar, USD and Yen. Kraken is the most respected exchange that manages to navigate through the turbulence of cryptocurrency trading and at the same time manages to keep customer volumes safe regardless of other exchanges being hacked. With 14+ cryptocurrency trading facilities, users can deposit fiat and cryptocurrency with the same ability to withdraw. However, it is not suitable for beginners yet it has better security features and lower transaction fees than CoinBase. The most important thing for Kraken is that it is trusted in the community and has been the first to display volume and price on Bloomberg Terminal.