The Best Bitcoin Trading Platforms
Cryptocurrency has not only given the fastest way to move the money, but also a new entity to trade with and to earn money except the stocks and other commodities. While you can directly sell and buy Bitcoin, you can also use Bitcoin trading exchanges to continue your trades in cryptocurrency. There are a lot of exchanges where trading Bitcoin is safe and secured and also the customers are facilitated with many extended sets. Being a cryptocurrency investor or trader you can choose any of the exchanges for your comfort. It is however recommended to sneak peek into the reviews of some before opting out the one. Below is a fleeting review of top Bitcoin exchanges around the world.
CoinBase: It is probably one of the most reputed and largest Bitcoin trading exchanges with dual facility trading directly and by the wallet. CoinBase was established in the year 2012 as by venture finding of Y-Combinator and since then it has rapidly grown. It has many lucrative sets like multiple options to place and withdraw cash, money transfers between two CoinBase are instantaneous, Wallet facilities with multiple identifying characteristics options for more obtain transfers, Bitcoin deposits are insured for any loss etc. CoinBase has the wide variety of payment partners of Europe and US, who seamlessly allow the transactions to be carried on by them. It has comparatively low transactions fees and offers Bitcoin trade along with a large number of Altcoin trading in addition.
CEX.IO: One of the oldest and reputed exchanges which was started in 2013, London as Bitcoin Trading exchange and also as cloud mining facilitator. Later its mining strength grew such enormously that it held nearly half of the network mining capacities; however, it has been now closed. “CEX.IO” allows customers to expand to the much larger amount of Bitcoin trades, and it has the facility to make obtainable the Bitcoin at requested price immediately. However, for this exchange charges a bit high exchange amount, however this is compensated for the security and facilities of allowing multi-money transaction (Dollar, Euro, and Ruble) to buy Bitcoin.
Bitfinex: It is one of the most progressive trading exchanges and it particularly appropriate to the experienced crypto-money traders. With high liquidity for the Ethereum in addition as Bitcoin, this exchange has better options like leveraging, margin funding and multiple order trading. except this Bitfinex offers the features of customizable GUI, many orders types, like limit, stop, trailing stop, market etc. This exchange also provides about 50 money pairs that can be traded and with easy withdrawals for all. One of the largest exchanges in terms of quantity traded Bitfinex offers pseudonymity for trades and only for some of the sets it requires identifications. The only drawback with this exchange is that it does not sustain the buying of Bitcoin or any other altcoin by fiat transactions.
Bitstamp: It was established in 2011 and is the oldest of exchanges who offer cryptocurrency and Bitcoin trades. The most respected because despite being oldest it has never been under security threat and tills recently. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is obtainable with the mobile app in addition, except website to trade. It has lovely sustain for the European users or the traders having their account in Euro edges. The security is progressive and of cold storage kind, which method the coins are stored offline.So you can say it is wholly not possible for any hacker to infiltrate. Last of all its complicate user interface indicates that it is not for the novice user but for professionals and it offers relative low transactions fees.
Kraken: It is one of the largest Bitcoin trading exchanges in terms of the liquidity, euro crypto trading volumes and trading figures of Canadian Dollars, USD and Yen. Kraken is most respected exchanges steered by the turmoil of cryptocurrency trades and has managed to keep the amounts of customer safe irrespective of the other exchanges being hacked at the same time. With 14+ cryptocurrency trading facilities, the user can place the fiat in addition as cryptocurrency along with the similar capacity for withdrawals. However, it is not suited for beginners however it has better security features and low transaction fees relative to CoinBase. Most important factor for Kraken is that it is trusted in the community and has been first to characterize the volumes and prices on Bloomberg Terminal.