Have you been searching for the best website to buy and sell cryptocurrencies with ease?
Search no further, as this article will help you locate the very best ones to trade on.
We all know how hard it can be to find a trusted and reliable website for buying and selling of cryptocurrencies, especially if you're a beginner.
The crypto-universe is filled with many players both big and small and they include exchanges and wallet providers.
Each one of these players claim to be the best and promise security, fast service, good customer service and all what not.
But how do you sift the chaff from the wheat?
This article will help you do just that.
When choosing a website to buy cryptocurrency, three major factors to consider are the website's reputation, fees and transaction speed.
Some of the most trusted cryptocurrency exchanges, trading platforms and wallets are:
• Switchain Switchain is a new exchange, but the organisation behind it have been doing business for five years and are quite reliable.
They usually don't ask for your personal information or ask you to register an account. Their platform makes it easy and fast to trade on cryptocurrencies.
• Coinbase Coinbase is a leading cryptocurrency exchange platform that has gained a high reputation. Though their fees are higher compared to other exchanges, they allow users to buy cryptocurrencies via credit card and wire transfer.
Coinbase offers its services to users in 190 countries of the world.
• Binance Binance is a global cryptocurrency exchange where you can buy and sell over 100 cryptocurrencies. They recently opened a subsidiary website (Binance.us) to serve USA based customers.
Binance charges a low fee of 0.1% and it can be lower if you make use of their own coin called Binance Coin (BNB). Binance is considered the biggest exchange and the best place to trade on cryptocurrencies.
I use Binance for my trading and I haven't had any reason to complain.
• GDAX GDAX is touted as the "New Coinbase", because there isn't much difference between Coinbase and GDAX. It is an excellent cryptocurrency exchange and they charge between 0.1-0.3% fee on trades. GDAX also offers a $250,000 insurance on your funds.
• Coin Exchange Coin Exchange is well known for its low fees and huge number of coins for exchange.
The only issue I have with Coin Exchange is that it is incompatible with mobile devices and equally not suitable for high volume trading.
• Coinmama Coinmama is a platform that was founded in 2013 and offers only buying of cryptocurrencies to over a million customers in 188 countries.
It charges a fee of 5.9% on transactions.
It is the best platform if you only want to purchase cryptocurrencies.
• Kraken Kraken is a San Francisco startup exchange that is quite promising.
They offer different fees for " makers" and "takers" and this depends on the amount being traded.
• Coinswitch Coinswitch is a platform where you can trade on over 400 cryptocurrencies and users can also pay with credit cards.
Moreover its platform is quite easy to use.
• Paxful Paxful is a well-known website that is in partnership with Binance.
It offers bitcoin trading and trading on other cryptocurrencies and several payment options such as credit cards, paypal, Western union, paytm, phonePe etc.
• LocalBitcoins LocalBitcoins is a P2P cryptocurrency trading website that allows users to place buy or sell ads in order to make a trade.
• Kucoin Kucoin is a nice cryptocurrency exchange that allows you to HODL your cryptocurrencies through Kucoin Shares and earn passive income, in addition to normal trading.
• Changelly Changelly is one of the most simplest cryptocurrency exchanges on the internet.
The first time I landed on the website, I found it tempting.
Changelly doesn't require you to pass through KYC, rather all you need is an email to sign in and you're ready to start trading.
Moreover they charge a modest trading fee of 0.5%.
• BitMex BitMex is the busiest exchange in the crypto-universe.
It is managed by professional traders and offers trading instruments that are suited to both beginners and professionals.
You will find it a good place to begin trading on cryptocurrencies.
• Gate.io Gate.io is a cryptocurrency trading platform that allows you to trade on over 100 cryptocurrencies with ease.
I was impressed by its user-friendly interface.
• Naira2usd Naira2usd is a cryptocurrency trading platform that caters to Nigerian and African users.
It allows users to trade on the major cryptocurrencies such as bitcoin, ethereum and others.
I have been using their platform for years and they have an excellent customer service and fast transaction times.
Nigerian and African crypto investors and enthusiasts will find this platform very useful for their cryptocurrency trading needs.
• Atomic Wallet Atomic Wallet allows you to store, buy and sell 300+ cryptocurrencies through its inbuilt atomic swap exchange.
• Exodus Wallet Exodus Wallet allows users to store, buy and sell bitcoin and ethereum easily.
• BRD Wallet BRD Wallet allows storage, buying and selling of cryptocurrencies such as BTC, BCH, ETH and all ERC-20 tokens.
• Jaxx Liberty Wallet Jaxx is a multi-currency wallet that allows exchange of more than 80 cryptocurrencies.
• Freewallet Freewallet is one of the best wallets that allows you to store, buy and sell all the major cryptocurrencies.
It is available on IOS, Android and web platforms.
This article is not an endorsement of any cryptocurrency platform; but for informational purposes only.
I encourage you to read customer reviews about these platforms on review websites such as TrustPilot before making a decision on which one to make use of in your trading activities.
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