The Best Bitcoin Trading Platforms

Cryptocurrency not only provides the fastest way to transfer money, but is also a new entity to trade and earn money in addition to stocks and other commodities. While you can directly sell and buy Bitcoin, you can also use Bitcoin trading exchanges to continue your cryptocurrency trades. There are many exchanges where Bitcoin trading is safe and secure and also customers are facilitated by many extended services. As a cryptocurrency investor or trader you can choose any exchanges for your convenience. However, it is recommended to check the reviews of a few before choosing one. Below is a brief review of the leading Bitcoin exchanges around the world.

CoinBase: This is probably one of the most popular and largest Bitcoin trading exchanges with both direct and through wallet trading facilities. CoinBase was founded in 2012 as a result of the Y-Combinator venture venture and since then it has grown rapidly. It has many useful services such as many options to deposit and withdraw money, transfer money between two CoinBase instantly, Wallet facilities with many signature options for safer transfers, Bitcoin deposits are insured for any losses and so on. in Europe and the US, who seamlessly allow transactions to proceed through them. It has relatively low transaction fees and offers Bitcoin trade with a large amount of Altcoin trading as well.

CEX.IO: One of the oldest and most famous exchanges launched in 2013, London as a Bitcoin Trading exchange as well as a cloud mining facilitator. Later its mining power grew so much that it held almost half of the network’s mining capacities; however, it is now closed. “CEX.IO” allows customers to expand a larger amount of Bitcoin transactions, and it has the facility to immediately use Bitcoin at the requested price. However, for this exchange pays a slightly higher exchange rate, but it is paid for security and facilities to allow multi-currency transactions (Dollar, Euro, and Ruble) to buy Bitcoin.

Bitfinex: This is one of the most advanced trading exchanges and it is especially suitable for experienced crypto-currency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leveraging, margin funding and multiple order trading. In addition to this Bitfinex offers customizable GUI features, many types of orders, such as limit, stop, trailing stop, market etc. This exchange also offers about 50 currency pairs that can be traded and have easy withdrawal for everyone. One of the largest exchanges in terms of volume sold Bitfinex offers pseudonymity for trades and for only some of the services that require these recognitions. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.

Bitstamp: It was founded in 2011 and is the oldest of the exchanges offering cryptocurrency and Bitcoin trades. The most respected because even in the oldest it has never been a security threat and to this day. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available in the mobile app, in addition to the website to be sold. It has great support for European users or traders who have their account with Euro Banks. Security is advanced and cool type of storage, which means coins are stored offline. So you could say that it is completely impossible for any hacker to get through. Last of all the complicated user interface suggests that it is not for new users but for professionals and it offers relatively low transaction fees.

Kraken: It is one of the largest Bitcoin trading exchanges in terms of liquidity, euro crypto trading volume and trading figures in Canadian Dollars, USD and Yen. Kraken is the most respected exchanges that handles the chaos of cryptocurrency trades and is able to keep the customer’s value safe no matter what other exchanges are hacked at the same time. With 14+ cryptocurrency trading facilities, the user can deposit fiat as well as cryptocurrency with similar capacity for withdrawals. However, it is not suitable for beginners but it has better security features and shorter transaction fees in relation to CoinBase. The most important reason for Kraken is that it is trusted by the community and first reflects Bloomberg Terminal volumes and prices.