Home Guides 10 Cryptocurrency Exchanges You Must Visit

10 Cryptocurrency Exchanges You Must Visit

by Crypto Coin Dude
Web Hosting
cryptocurrency exchanges

 

The beginning of 2018 might have left you nervous, as it did me, and pretty much every crypto trader in the world. But the markets always bounce back – there’s always profit to be made. In short, it is time to get back to business. Whether you are a seasoned veteran or a newbie trader, coin exchanges are where the trading journey begins. Fiat-2-crypto exchanges convert fiat currency into cryptocurrency, while crypto-2-crypto exchanges trade between crypto pairs. So, which cryptocurrency exchanges will hold everyone’s attention this year? Here are the top 10 picks:

 

1. Coinbase

 

Chances are you have already heard about Coinbase. It is arguably one of the most popular cryptocurrency exchanges in the world. It’s my go to exchange. Based in San Francisco, it’s been in the crypto scene since 2011; 13 million users trust it. On the downside, Coinbase has a pretty high fee for fiat-to-crypto transactions.

 

2. Coinmama

 

Coinmama is for those who couldn’t get through Coinbase. However, that doesn’t mean that the this exchange doesn’t have its own merits. These include purchase via credit/debit card, buy-only option, and simple user experience. The fee is on the higher end, but still worth it.

 

3. CEX.io

 

If you aren’t too keen to deal with US-based exchanges, CEX.io offers an alternative. The London-based exchange is known for being highly secure and user-friendly. It has almost 100% uptime and high liquidity. Another point worth noting here is that CEX.io doesn’t charge a transaction fee, but instead adds a premium to the Bitcoin price. If you are buying small amounts of bitcoin, this could be one to try.

 

4. LocalBitcoins

 

If you want to try something different than just buying bitcoin, here’s a good option. I like to think of it as torrent, but for cryptocurrency. It’s a peer-to-peer exchange which means that users can buy and sell bitcoin direct. Since users are dealing with each other instead of the exchange, there’s no need to provide ID verification. There’s also a rating system to indicate which traders are the most reliable. The fee is also low making it an appealing option for traders.

 

5. Kraken

 

If I had to find a true alternative to Coinbase, I would go with Kraken. It is one of the oldest cryptocurrency exchanges in the world and has a solid reputation. While Coinbase positions itself on being simple and user-friendly, Kraken finds in USP in the large array of features it provides. This includes reliability, high liquidity, high security, advanced order types, low fee, legal compliance, and so on. Some issues like customer support and uptime do occur but Kraken still remains one of the best fiat-2-crypto exchanges around.

 

6. Binance

 

Here’s another cryptocurrency exchange that you might have heard of before. Personally, I love Binance for the sheer genius of it. In a very short time, Binance has almost dominated every other crypto-to-crypto exchange in the world. Some of the many features it provides are high security, high liquidity and vast trading pairs. The fees are also comparatively low. It’s no wonder that Binance sees one of the highest trading by volumes in the world.

 

7. Bittrex

 

Bitterex  is a good option for people who like the safety of a regulatory presence. This Seattle-based coin exchange has a strict policy of following all the US regulations regarding cryptocurrency. Bittrex is very safe and offers an impressive customer support through various channels like Slack and Twitter.

 

8. Cryptopia

 

If you are tired of seeing only the popular trading pairs, then Cryptopia is for you. The most interesting thing about Cryptopia is that it caters to a niche audience, providing trading pairs that you would be hard-pressed to find anywhere else. Its low fees and great customer support is like an added bonus.

 

Another appealing factor about Cryptopia is its marketplace that allows you to make purchases using cryptocurrencies.

 

9. KuCoin

 

KuCoin is another cryptocurrency exchange that has made its name in a very short time. This exchange offers you pretty much everything you need, like a personal token (called Kucoin Share), an array of cryptocurrencies and a low trading fee. Additionally, it has an awesome mobile app that makes trading user friendly. I have tried the app on both Android and iOS and it’s great.

 

10. Changelly

 

Most cryptocurrency exchanges operate through a wallet they provide with the account. Changelly does it differently. Instead of storing the converted coins in the in-built wallet, it asks for a wallet address and transfers them directly to it. Given that most people would transfer the coins from wallet anyway, it saves you from following one extra step. The transaction fee is reasonable, and Changelly also accepts fiat currencies directly.

 

It’s easy to get confused by the sheer number of cryptocurrency exchanges around. But every exchange serves a different purpose. Find which ones work best for you as you’ll need a good selection to meet your trading needs. I hope this post will help you find the right one for you.

 

Web Hosting

You may also like