What are cryptocurrency exchanges?
cryptocurrency exchanges are platforms/websites where you can buy/sell or exchange your cryptocurrency or fiat (money) with other cryptocurrencies.
Choosing a cryptocurrency site is very important before carrying out any transfer that buys and sell on cryptocurrency.
Here we are with the top 5 and best cryptocurrency exchange site:
1. Coinbase
Coinbase is the top-rated cryptocurrency exchange site. This site is operative since 2012. This cryptocurrency site is based in the USA. This cryptocurrency exchange site is legitimized Bitcoin business which is financed by many VC firms and forms.
Very reputed and famous firms like Andreessen Horowitz, The New York stock exchange, Bank of Tokyo have invested in the Coinbase cryptocurrency exchange site.
There are various payment modes available in Coinbase cryptocurrency exchange site. They include payment via the debit card, the credit card and also the wire transfer. GDAX is their full-fledged cryptocurrency exchange. You can but the cryptocurrencies like Ether, Bitcoin, and Litecoin from Coinbase cryptocurrency exchange site.
2. Bitstamp
Bitstamp has been ranked the world’s third-largest cryptocurrency exchange site by volume. You can buy sell the cryptocurrency’s like Bitcoin and Ripple on the Bitstamp trading platform. They have pretty easy and self-explanatory interface.
When it comes to most preferable cryptocurrency exchange site then Bitstream definitely ranks second. Bitstamp has been for a very long in this profession and therefore they are also known as one of the godfathers of cryptocurrency exchange.
MUST READ: Top 5 Cryptocurrencies That You Should Know In 2018
3. Kraken
If you are looking out for some European cryptocurrency exchange site then Kraken is the best option you can opt for. Kraken has the largest volume of the Bitcoin-Euro pain in the world. Kraken is co-founded by Jesse Powell. Jesse Powell is basically from San Francisco.
This is one of the niche crypto exchange site where you can make use of various currencies of the world to buy the cryptocurrency. You can make use of the US Dollar, the Canadian Dollar, the Japanese Yen and obviously the Euro.
This cryptocurrency exchange site is very famous and top-rated cryptocurrency exchange site in Europe. One of the best features of this site is you can not only deal with Bitcoin but also trade in 10 different cryptocurrencies in the world. They include Bitcoin, Dash, Ethereum, Zcash etc.
4. Poloniex
Poloniex is the only crypto exchange site which deals with trading purely in cryptocurrency and not in fiat. Poloniex was founded in the year 2014 and has it headquarter in Wilmington, Delaware. Poloniex holds the largest volume of the Bitcoin trading as compared to all other sites mentioned in this article.
They also hold the largest variety of token to trade. You can trade with more than 60 different cryptocurrencies. One of the greatest advantages of using this cryptocurrency exchange site is that Poloniex doesn’t deal with the Fiat Currency which means that you need not register with your personal information.
5. Bitfinex
Bitfinex crypto exchange site holds the highest volume of daily Bitcoin transaction in the world. This cryptocurrency exchange site was founded in 2012 and the headquarter is located in Hong Kong. They trade with 7 different cryptocurrencies which include Zcash, Ethereum, Monero etc.
The site handles a lot of heavy traffic yet is completely stable that shows the great work done at the backend. The site has achieved very nice heights in very less time all due to the promising customer service it has provided to the audience. It is important to notice that the services provided by the Bitfinex can handle the cryptocurrency of most types. The bitcoins have been recently achieved new heights and definitely, the most traffic is driven by it, and the site handles and manages all the data very well.
The crypto exchange sites mentioned above are the best among all the cryptocurrency exchange site and they have been trading for ages. In today’s era, cryptocurrencies are the most reliable option to invest the money. Choose your cryptocurrency and then choose the cryptocurrency exchange site accordingly and start trading.
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