The best Bitcoin trading platforms

Cryptocurrency has not only given the fastest way to transfer money, but also a new entity to trade and to make money out of 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 with many extended services. Being a cryptocurrency investor or trader, you can choose any of the exchanges for your comfort. However, it is recommended to sneak peek into the reviews of some before opting for that one. Below is a short review of the best Bitcoin exchanges in the world.

CoinBase: It is probably one of the most reputable and largest Bitcoin trading exchanges with dual facility trading directly and through the wallet. CoinBase was founded in the year 2012 as through the venture research of Y-Combinator and since then it has grown rapidly. It has many lucrative services such as multiple options to deposit and withdraw money, money transfers between two CoinBase are instant, Wallet Facility with multiple signature options for safer transfers, Bitcoin deposits are insured against any loss, etc. CoinBase has a wide variety of payment partners. of Europe and the United States, which allow uninterrupted transactions to be carried out for them. It has relatively low transaction fees and offers Bitcoin trading along with a large number of Altcoin trading.

CEX.IO: One of the oldest and most reputable exchanges that was started in 2013, London as a Bitcoin Trading exchange and also as a cloud mining facilitator. Later, its mining power grew so enormously that it held almost half of the network’s mining capacity; however, it is now closed. “CEX.IO” allows customers to expand to the much larger amount of Bitcoin trading, and has the facility to make available the Bitcoin at the requested price instantly. However, for this exchange it charges a somewhat high exchange amount, but this is compensated for by the security and facilities of allowing multi-currency transactions (Dollar, Euro and Ruble) to buy Bitcoin.

Bitfinex: It is one of the most advanced trading exchanges and is particularly suitable for experienced crypto-currency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options such as leverage, margin financing and multiple order trading. Apart from this, Bitfinex offers customizable GUI features, several types of orders, such as limit, stop, trailing stop, market etc. This exchange also provides about 50 currency pairs that can be traded and with easy withdrawals for everyone. One of the largest exchanges in terms of trading volume Bitfinex offers pseudonyms for trades and only for some of the services that require identification. The only drawback with this exchange is that it does not support the purchase of Bitcoin or any other altcoin for fiat transactions.

Bitstamp: It was founded in 2011 and is the oldest exchange that offers cryptocurrency and Bitcoin trades. The most respected because, despite being the oldest, it has never been subject to a security threat and until recently. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available with the mobile app, apart from the website for trading. It has good support for European users or traders who have their account in Euro Banks. The security is advanced and of the cold storage type, which means that the coins are stored offline. So you can say that it is not possible for any infiltration hacker. Finally, its complex user interface suggests that it is not for novice users, but for professionals and offers relatively low transaction fees.

Kraken: It is one of the largest Bitcoin trading exchanges in terms of liquidity, Euro crypto trading volumes and Canadian Dollar, USD and Yen trading figures. Kraken is the most respected exchange driven through the turbulence of cryptocurrency trading and has managed to keep the amount of customers safe, regardless of other hacked exchanges at the same time. With more than 14 cryptocurrency trading facilities, the user can deposit fiat and also cryptocurrency with the similar ability for withdrawals. However, it is not suitable for beginners, but it has better security features and low transaction fees relative to CoinBase. The most important factor for Kraken is that it is trusted by the community and was the first to see volumes and prices on Bloomberg Terminal.