The 6 best exchanges for cryptocurrency trading

in #cryptocurrency7 years ago

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A question that a lot of people new to cryptocurrencies generally ask is “What are the best places to buy and exchange cryptocurrency?” So here is a list that can remove your questions..

===> Coinbase:
Coinbase is undoubtedly one of the best places to exchange cryptocurrency. Operating since 2012 with great results and satisfactions.Coinbase is undoubtedly one of the best places to exchange cryptocurrency. Operating since 2012 and it is very successfull platform.

Daily Bitcoin Volume – 56.8k BTC

--->Bittrex :
It has a small trading volume but that does not stop the exchange from listing a new cryptocurrency to trade. It is based and fully regulated in USA. It is one of the biggest exchange that Supporting 190+ currencies, the exchange has good security, transparency and multiple coin support.

Daily Bitcoin Volume – 49.8k BTC

===>Bitfinex

It was founded in 2012 and is located in Hong Kong. The platform is easy to use and has clarity. It has the highest daily Bitcoin volume among all the other exchanges. The platform was once hacked and 120,000 units of Bitcoin were stolen, but it emerged as a strong platform after the hack with increased security features and this is the only reason it is more popular.

Daily Bitcoin Volume – 437.8k BTC

===>Poloniex

Founded in 2014, Poloniex is a true cryptocurrency exchange in the sense that no fiat is allowed. Only cryptocurrency can be exchanged for a cryptocurrency. It has a large variety of token available. One of the best things about this exchange is since it doesn’t allow fiat exchange, one doesn’t need to register with one’s personal information.

It is a great advantage for traders with privacy concerns and it is very secured. The exchange has headquarters in Wilmington, Delaware. Sad to say but on 4/3/14 someone stole 12.3% of their Bitcoin. So even Poloniex is not averse to being hacked.

Daily Bitcoin Volume – 53.8k BTC

===>Binance :
It is not well known outside China but it will certainly make its way in future. The exchange presently has 0% deposit fees and 0.1% trading fees. It can quickly process large amounts of transactions and has a very high liquidity.

Daily Bitcoin Volume – 10.9k BTC

===>Upbit

This is a Korean exchange which was found on September 27, 2017, after Korea passed China in terms of Bitcoin trading. The exchange is launched by Kakao, Korea’s biggest messaging app developer. The exchange has partnered with Bittrex, another great exchange. The exchange currently supports over 110+ cryptocurrencies.

Daily PIVX trading Volume – 1800 BTC..

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Check out Kucoin.com, they actually pay you with altcoins when you hold their exchange token. So you are getting free altcoins that could potentially grow into a lot of money.