Leisurely and steadily, Bitcoin and altcoins are getting attention from more investors all around the world.
And why not? Thesis cryptocurrencies are time and again proving themselves to be a safe toevluchthaven against government’s inflationary policies.
That’s why some people are even securing cryptocurrencies spil their retirement funds, while some are doing unspoiled speculation with short-term trading (i.e. buy low, sell high).
And let’s not leave behind about those who are just beginning off by looking around to find the response to questions like:
- Where do I buy such currencies?
- What are the best cryptocurrency exchanges?
But before wij talk about the best exchanges out there, I need to tell you that it’s not too late to get invested te cryptocurrencies. At the time of this writing, the Bitcoin and altcoin market is at an all-time high, with a market cap of $166 billion. I believe wij will cross the $250 billion mark straks this year.
So now that you know you should invest, here’s where you need to go to do that.
Update: Due to high users request and to concentrate on current user base, many exchanges have shut down fresh registrations. I will update this note when they embark accepting fresh registrations. For now here are some of the top exchanges accepting fresh registrations:
- Binance: They have resumed limited user registrations which will be open for a few hours every day and for the limited number of users. Attempt your luck!
- Bitmex: One of the whales of Cryptocurrency exchange. You can do margin trading, if that’s your thing.
- Gate.io: Many fresh cryptos can be found here. Unique treatment and something you should signup for ter 2018. Also offers mobile app just like Bibox and Binance.
- YoBit: Low cap coin heaven
- Bibox: One of the strongest exchange that also offers mobile app (Android and iOS). They have bot permanently updating their mobile app to make it one of the best ter the industry.
- Changelly: Instantly convert any cryptocurrency to any of your choices. Good for instant conversion.
Here is a consolidated list of best cryptocurrency exchanges with my comments:
- Binance – Offers mobile app and very likely the fastest growing exchange. If you need to pick only one, this is the best and #1 te 2018.
- Bitmex: One of the whales of Cryptocurrency exchange. You can do margin trading, if that’s your thing.
- Bitfinex: Offers mobile app and a popular exchange. You can also lend crypto here to earn rente.
- Bibox: One of the strongest exchange that also offers a mobile app. They have bot permanently updating their mobile app to make it one of the best te the industry.
- Gate.io: Many fresh cryptos can be found here. Unique treatment and something you should signup for te 2018. Also offers mobile app just like KuCoin and Binance.
- Changelly: Volmaakt for quick crypto exchange. Effortless to use and excellent for beginners.
- Bittrex: Another high-quality exchange with a lotsbestemming of coins.
- KuCoin: Another Cryptocurrency exchange.
- Cryptopia: Many undervalued cryptos can be found here.
For Acquiting Cryptocurrencies:
If you live te a country where it’s not effortless to get Bitcoin, you can use any of thesis three websites. All three of them offers to buy Bitcoin using credit/debit card.
Note: This list is beginning from effortless to use exchanges and moving towards some of the advanced exchanges.
7 Best Cryptocurrency Exchanges for Trading Cryptocurrency
Binance is a rapidly growing exchange that concluded its ICO a few months back.
However it is based out of China, it doesn’t serve its native country but is open to almost all countries around the world.
Since its ICO to till date, it has grown tremendously and is now placed ter top Ten cryptocurrency exchanges ter the world. It now has more than 140 altcoins listed on it which are only enlargening spil the days are passing.
Binance being a centralized exchange has taken a unique take to expand its business and also provides a welgevoeglijk discount for day traders if they use BNB coins. BNB is Binance Coin which is the native currency of this verhoging.
Binance’s toverfee structure is also unique. To embark with they have 0.1% standard trading toverfee which is already fairly less than other peers. You can even reduce your toverfee further if you pay your trading toverfee te BNB according to the below-shown structure.
To get embarked with Binance you need to register using your email ID and the process is fairly elementary &, rapid. Moreover, you get 1 QTUM coin spil a kleintje gesture for registration which is limited to Ten,000 QTUM coins on very first come very first voet. Binance is one of the few exchanges that offers mobile app for iOS and Android. Being using it for a while, I find it too effortless to trade cryptocurrency while on the stir. You can witness this movie to learn how to use their mobile app.
They also have aggressive plans like multi-lingual support, mobile apps for both iOS and Android users, Binance Gifangel Program, and the Community Coin Vanaf Month etc for more adoption of their toneel.
Gate is a promising cryptocurrency exchange that offers all major coins. They also have a mobile app which is functional and let you trade cryptocurrencies on the stir. Also, they are running a promo where they are suggesting 10% discount on trading fees.
Gate.io offers numerous trading pair such spil BTC Market, ETH Market, USDT Market, QTUM market. The mobile app is welvoeglijk for trading on the budge. You can also deposit or withdraw funds using mobile app.
KuCoin is another effortless and hassle-free cryptocurrency exchange. KuCoin offers many popular and unique coin such spil DragonChain, $KCS and many others. Just like Binance, they suggest a fully functional mobile app for Android and iOS.
To get embarked with KuCoin, you can deposit any crypto of your choice ex: BTC and commence trading. Personally, I have bot using KuCoin since last quarter of 2018 and they are getting popular day by day.
Changelly is one of the easiest ways to get ahold of various cryptocurrencies.
Changelly is a product of the mining pool, MinerGate, which has a proven track record of consistently good products being waterput out into the crypto-space.
One of the best things about Changelly is that you don’t need to go through any lengthy verification or registration process. You just loom te with your email ID (or any email ID) and begin exchanging!
Presently, it supports more than 35 cryptocurrencies along with fiat pairs such spil USD/EUR. It is one of the best and easiest to use exchanges out there. If you want to know more, check out Harsh’s review on Changelly.
When you use Changelly to exchange cryptocurrency, Changelly bots connect ter real time to some of the best and busiest cryptocurrency exchanges ter the market to get you the best price.
Usually, when using Changelly, a crypto-to-crypto exchange takes Five to 30 minutes.
They charge a commission toverfee of 0.5% on each trade, which I think is minimal ter exchange for the volatility and risk that they bear on behalf of their users. Ter addition to the commission, a miner’s toverfee is also paid by the user and is deducted directly from their crypto balance.
But all you need te order to buy from Changelly is a VISA/MasterCard (credit/debit card) or any Changelly-supported cryptocurrency and a wallet where you want to receive your fresh coins.
The proces is very plain.
Note: Tho’ this guide shows how to buy Ripple te exchange for BTC, the process is exactly the same to buy any other Changelly-supported cryptocurrency.
And if you want to buy cryptos using a VISA/MasterCard, then here is their official step-by-step guide on doing that. (Even tho’ this guide is for buying BTC using a VISA/MasterCard, the process is the same for buying any other Changelly-supported cryptocurrency.)
Bittrex is a US-based cryptocurrency exchange that provides you the option to trade more than 190 cryptocurrencies at a time. They are well-regulated and compliant with all of the current US rules, so crypto users need not worry about the safety of their funds.
Bittrex treats one of the largest BTC trading volumes out of all the exchanges ter the world.
Here, the users (buyers/sellers) determine the rates ter which they want to trade, and Bittrex charges them a puny service toverfee for providing this verhoging (0.25%).
To get commenced with Bittrex, you need to register and loom te through your email ID, but to withdraw funds, you need to do a KYC by submitting your ID documents and phone number, spil well spil enabling two-factor authentication for higher thresholds.
But one good thing about Bittrex is the account verification happens fairly swift.
Bittrex supports two types of accounts:
- Basic Account – withdrawal funds worth up to Trio BTC/day.
- Advanced Account – withdrawal funds worth up to 100 BTC/day.
Bittrex is a “crypto-only” exchange, meaning it doesn’t permit you to deposit fiat currencies such spil USD, EUR, GBP, etc.
They provide access to advanced trading devices like candlestick charts and crosshairs, but the user interface is fairly clean and intuitive, so newcomers should have no problems.
You can visit Bittrex and open a Bittrex account by following this official step by step guide here.
Founded by Tristan D’Agosta, Poloniex has bot operational since January 2014 and is undoubtedly one of the largest cryptocurrency exchanges ter the world.
It is based out of the United States and offers +100 cryptocurrencies to its users to trade.
When you talk about trade volumes, nothing hammers Poloniex. Ter 2018, Poloniex had the highest volume for ETH because it supports an independent Ethereum market spil well spil a BTC market.
It is a crypto-only exchange, but you can begin trading lightly by depositing USDT (Tether dollars).
Poloniex also has zoomable candlestick charts for 5-minutes, 15-minutes, 30-minutes, 2-hours, 4-hours, and 1-day, along with a stop-limit feature for advanced cryptocurrency traders.
Poloniex charges a toverfee of 0.15% to 0.25% on all trades depending upon whether you are a maker or a taker.
So if you are looking to trade a multiplicity of altcoins, then you should give Poloniex a slok.
To get commenced with Poloniex, go after this official guide.
Recall: Spil soon spil you sign up for Poloniex using your email, do make sure to enable two-factor authentication!
Bitfinex is another one of the largest and most popular cryptocurrency exchanges out there.
Based out of Hong Kong and operational since 2014, it gives its users the option to trade the following 13 cryptocurrencies te exchange of USD or BTC:
Unlike Bittrex and Poloniex, you can trade using USD (with a wire toverfee of at least $20). Also, users will need to pay a trade toverfee which varies from 0.1% to 0.8% (details here).
Also, whenever you withdrawal or deposit anything, you are charged a certain toverfee:
On Bitfinex, if you are a pro-trader, you will find advanced trading contraptions such spil limit orders, zekering orders, trailing zekering, pack or kill, TWAP, and others, along with different market charts.
To get embarked on Bitfinex, you need to register, verify your ID, and authenticate yourself. It typically takes 15-20 business days after submitting valid ID proof before you’re accepted into the podium.
Update: on 12th January 2018 Bitfinex opened the registration but waterput a limit of 10000 USD or omschrijving cryptos to be deposited for the account to be fully functional.
And whenever you get bored with the web version or want to trade on-the-go, you can use Bitfinex’s Android and iOS mobile apps.
Cryptopia is another popular cryptocurrency exchange that supports buying/selling more than 400 altcoins.
They have aggressively grown to this stature and have the record of listing many cheap coins.
By cheap I don’t mean that those coins are fake or scam but yeah they do list those coins that you will not find on other popular exchange.
Thier this treatment makes it possible for so many cryptocurrencies to acquire good liquidity for themselves.
It is a centralized exchange based out of NewZealand that permits you to buy/sell cryptos ter almost any part of the world.
Getting commenced here is fairly effortless &, plain. You just need to register yourself using your email ID with a strong password. Always two-factor authentication is recommended when you are using centralized exchanges.
Their toverfee structure is not stationary that keeps an eye while trading because they do display the toverfee te a little little corner and have not other hidden fees exclusief from the shown one.
The Best Crypto Exchanges
Using the above cryptocurrency exchanges will permit you to buy almost all of the cryptos you could everzwijn want to buy. However, there are a few more cryptocurrency exchanges that you should have an account with, spil there are a few coins that are only available there.
Some of those exchanges are:
I will update this postbode spil I find other trustable and feature-rich cryptocurrency exchanges. For now, you can consider joining our Telegram channel to stay updated with all the latest informatie.
I hope thesis insights help you te choosing the best cryptocurrency exchange for you to use.
- Don’t use thesis exchanges spil a wallet to HODL your cryptos.
If you are storing cryptocurrencies on thesis exchanges for a few hours or even a few days for the sake of trading, then it’s very likely OK. Otherwise, this is a bad practice.
Large-scale hacks like Mt. Gox can toebijten at any time. I would strongly recommend you to use the Ledger Nano S or a wallet like Uittocht, where you can store a loterijlot of different cryptos and control your private keys.
So now it’s your turn to tell mij: Which one of thesis exchanges do you like the best? Also, what’s another excellent exchange that I haven’t listed here? Let mij hear your thoughts ter the comments below!
Here are a few hand-picked articles you should read next:
Like this postbode? Don’t leave behind to share it with the world!