Top 7 Cryptocurrency Exchanges In The World
Top cryptocurrency exchange in the world, Today Btc Value is 13449.10 USD. If you just joined the cryptocurrency world and looking to buy your first Btc. Here you will find all necessary information. about top 7 Cryptocurrency Exchanges. additionally what are the important factors that you must check before signing up.
Tip before you choose an online exchange. you need to know various factors. Few of them like does it support fiat currencies. second does it support your desired cryptocurrencies like (e.g LTC,ETC,ETH,BCH).
What are the deposit withdraw procedure fees. furthermore fast and easy transactions are also very important factor.
To get started investing in Bitcoin, after analyzing all the exchanges. I found out these top 7 cryptocurrency exchanges. Where you can buy your first Bitcoin with ease and confidence.
Coinbase is at 1st in top Cryptocurrency exchange
Pioneer of crypto world. without a doubt one of the most secure, trusted and have most users then all others. Coinbase have been operating since 2012. and they legitimized Bitcoin businesses in the USA by obtaining financing from major VC firms and banks.
Some of the foremost firms that invested in Coinbase. include Andressen Horrowitz, The new york stock exchange, the Bank of Tokyo and many others.
Coinbase permit debit, credit card payment as well as wire transfer. Hence they have a developed cryptocurrency exchange named as GDAX. They are mainly dealing in 5 cryptocurrency BTC, LTC, ETH, BCH and ETC.
it was founded by Fred Ehsram and Brian Armstrong in 2012. its based in USA. it’s on top because it has been used and trusted by highest number of users.
Highest Daily Bitcoin Volume as per shown in this bar chart
GDAX While GDAX only focuses on the big 3 (Bitcoin, Ethereum, Litecoin). the fees are a standard 0.25% taker & 0% maker type structure. The advantage that I give to GDAX is that it is connected to Coinbase. which gives you some great ease of use in transfer of funds to an exchange account with no fee at all.
Coinbase Headquarter: San Francisco, California.
Exchange Review: Coinbase is a rock-hard exchange headquarter in the USA. They are at number 1 till today 02/01/2018 after deep analysis if you want to trade in mentioned above crypto-currencies.
For both beginners and experts, the simple, secure and easy to use. coinbase is at number 1 highly recommended when it comes to buying and selling Bitcoin online.
Coinbase exchange gdax don’t charge of use in transfer of funds to an exchange account with no fee at all.
Get extra 10$ by first 100$ deposit by signing up from here.
Bitstamp is at 2nd in top Cryptocurrency exchange
Bitstamp is at number two because it have the third largest volume of trade in the world. thus if you are viewing for a place with a lot of liquidity, it suits you .
Binance announced Ripple XRP trading on its exchange with 0% fees for first month. As people interest increased towards other cryptos like Ripple. I will suggest you check this trading platform You can trade these cryptocurrencies easily on it. There interface is not complicated and self-explanatory.
But once they were victim of a hack in 2015 but since then, they have matched and updated their security features like other top ranked exchange. But for long term not suggested to keep cryptocurrency in it.
Headquarter: Luxembourg and was founded in 2011.
Exchange Review: Bitstamp have an accurate price on Bitcoin. They are among the pioneer of crypto exchanges because they have been around since 2011. Due to this, Bitstamp is at number 2 in ranking.
Kraken is at 3rd in top Cryptocurrency exchange
Kraken is basically an European exchange. They have the largest volume for the Bitcoin-Euro pair. Kraken was founded by Jesse Powell, from San Francisco.
There exchange offers various fiat currency options you can use to make deposit your account. One can use Euro, Japanese yen, US dollar and Canadian dollar.
This exchange was also appointed. as a monitoring body to monitor the distribution of the remaining of MtGox, the bankrupted exchange.
For people who are living in Europe. that must be their first place as an exchange, but one who want to trade in US dollar. there volume is not high in us dollars like above exchanges.
One good thing about Kraken it supports over 10 different cryptocurrencies. including Bitcoin, Dash, Ethereum and Zcash.
Kraken This exchanges platform is a little more complicated to figure out, and while their fees are slightly higher then the rest.
which are (0.26% taker/0.16% maker), they are a trusted platform and if you do some decent volume of sales you can get those fees reduced a lot.
Kraken Headquarter is in San Francisco, California and was founded in 2011.
Exchange Review: Kraken is as well based in San Francisco so this gives them an extra layer of credibility when it comes to solvancy.
Kraken also support more Fiat currency so for Europeans, Kraken is a good option for you.
Poloniex is at 4th in top cryptocurrency exchange
Due to recent trend increase toward other crypto currencies like ripple, nxt, doge, Poloniex almost support 60 type of cryptocurrency.
This exchange is differentiated by others in the sense that you can only deal with crypto assets on this site, no fiat allowed. If you want to trade there, you need transfer some Bitcoins first.
Second poloniex also offer lending option in which at some selected interest rate you can lend your bitcoin to poloniex.
It has the largest volume of crypto currencies traded from all the other exchanges. listed in our top 5 cryptocurrency exchanges. due to other 60 supporting currencies, It have also the largest variety of token to trade.
Poloniex do not require much personal information, as poloniex don’t deal with Fiat currency.
One simply asked for email and a mobile number to verify and secure your account, for this it’s have an extra great advantage for privacy conscious traders.
Poloniex One of the most popular exchanges, Poloniex offers a ton of coins to trade and is built on rock solid technology. They have a 0.25% taker & 0.15% maker fee.
This is the only exchange out of my top 5 I don’t have any experience trading on though.
Headquarter: Wilmington, Delaware and was Founded in 2014
Exchange Review: Poloniex offer trade in almost 60 currencies. There platform is very easy to use and efficient, they usually have most cryptocurrency available for trading.
The only disadvantage is that you cannot trade straight into US Dollar, you need to use a substituting currency named tether USD.
Bittrex is at 5th on top cryptocurrency exchange
It’s another great cryptocurrency exchange, they have a small daily volume of transaction. That’s why they are no more accepting new registration. Its bittrex who list a new cryptocurrency most of the time.
It platform is highly recommended for beginners very easy o use with excellent support service. If you beginner in crypto world, you should definitely go for Bittrex.
Bittrex – Another big US player in the exchange market is the Las Vegas based Bittrex. They have an across-the-board 0.25% fee for trading and do a ton of volume.
Binance is at 6th in top cryptocurrency exchange
is a crypto to crypto exchange with a focus on low trading fees. By being a purely cryptocurrency exchange likewise poloniex not deal with fiat.
They deal with less regulatory issues. Binance is based in Hong Kong and it’s servers are located in South Korea.
Their main site offers support in English, and 5 other main languages including French and russian. This allows them to focus on the international market.
Recently, Binance has added a Stop-Limit Function to their exchange. Due to a stop-limit order it will be executed at a specified (or potentially better) price, after a given stop price has been reached.
As the stop price is reached, the stop-limit order becomes a limit order to buy or sell at the limit price or better.
Binance – This is a hot place for trading altcoins and their trading fees are very low, just 0.1% fee for trades.Binance can be even lower if you use their Binance coin that is built into the platform.
Bitfinex is at 7th in top cryptocurrency exchange
Out of all the other exchanges in our ranking, Seems like it has the highest daily volume of Bitcoin traded. You can go short or long on Bitfinex and the ease of use and simplicity of their platform is their unquestionable advantage.
Bitfinex is located in Hong Kong. It offers seven different cryptocurrencies to choose from including Ethereum, Z-Cash and Monero.
Headquarter: Hong Kong, Hong Kong Island and was founded in 2012
Bitfinex Exchange Review, Bitfinex is also safe easy user-friendly platform. Like any other exchange, As always recommended it’s good to never leave your cryptocurrency sitting on an exchange. Always transfer them to your personal wallet where they are protected from hackers or thieves.
Conclusion of top currency exchange
Bitfinex,Coinbase, Kraken, bittrex, poloniex, Bitfinex, and Bitstamp are the best cryptocurrency exchange sites available.
They all have been open for many years, have earned trust and shown seriousness with latest security and excellent customer service.
Therefore i believe that cryptocurrencies are the most profitable investment because opportunity still available today but selecting a reliable crypto-exchange is an key factor that can’t be ignored.