Bitcoins are the new trend lately. And why it will not be? Investors are earning profits due to the inflationary prices. From speculation to saving bitcoins for retirement plans, people are dealing with bitcoins in some way or the other. But before you start investing in bitcoins understand which are the best cryptocurrency exchanges, and below we have done exactly that to help you.
Binance is not only a cryptocurrency but also an exchange with a unique structure. It stands for “Binary Finance” and is based out of China, however, it doesn’t serve in China but rest of the countries. To give you a background, it charges the least when compared to its peers with only 0.1% as a standard trading fee. You should read some binance reviews before buying altcoins through it.
It has a centralized exchange and aims to solve few of the problems like insecure platform, poor customer service, poor technical architecture, etc. Further, it recently concluded its ICO (Initial Coin Offering) a few months back after which its growth has skyrocketed. It is not only placed in the top 10 cryptocurrency exchanges now but has altcoins of more than 140, listed. One thing you need to know about Binance is that it deals with BNB currency, which is the native currency of its platform for which it also provides discounts.
If you are looking for an easy way to get hold of cryptocurrency, Changelly is the exchange for you. It is a product of MinerGate, a mining pool website. Further, on this exchange, you do not have to go through any lengthy process of user registration. You just need an email ID to start exchanging your cryptocurrencies.
Apart from this, it lets you connect to the best cryptocurrency exchanges to let you get the best price going on in the market.
Kraken was founded in 2011 and is termed as one of the best in the European market. It enables the users to trade in Bitcoins in various currencies including USD, euros, pounds, yen, etc. you can trade in 17 cryptos including Bitcoins, Ethereum, Ripple, Litecoin etc. this is what makes Kraken a really good exchange to deal with. There are very few exchanges that offer Ripple, as well as accept USD as a currency.
Apart from this, it offers two-factor authentication for the accounts and has a three level approval process, and in the last stage you need to take your selfie along with a handwritten sign with the date with a message “for trading cryptocurrency on Kraken only”.
Law or Bank Related Articles:
- How to Get Clients to Read Your Law Blog
- Marketing Tips for Lawyers in a Slump
- Law Firm Logos – Making the Right Impression
Poloniex offers 99 altcoins and is a true form of cryptocurrency, meaning it does not deal with fiat currency. If you really want to deal with fiat currency you would have to transfer few of the Bitcoins first to be eligible.
This exchange was founded in 2014 and has a very user-friendly platform. It also has advanced features in margin lending/margin trading field, which most of the exchanges lack, however, the negative side of this exchange is that you cannot trade directly in US dollars.
This Hong Kong based exchange founded in 2012 mainly trades in Bitcoin, although it also has some other cryptos like Litecoin and Ethereum. You can also trade in fiat exchange and can act as a liquidity provider along with a margin trading exchange.
It has a fairly simple interface and gives users clarity of their platform that enables them to deal in short or long trading easily