Top Reliable Cryptocurrency Exchange
Cryptocurrencyindustry has reviewed a new medium for investors to expand there resources in many ways. With one of those ways involving the trading of the digital asset. To carry out these trades and transaction effectively and successfully , it is important that you use a top reliable crytocurrency exchange. Lots of persons makes use of crytocurrency for many different reasons, but the last thing you would want, is to lose the money you worked so hard for to a scam crytocurrency exchange. In some cases, the site may not be a scam site but has a very low security, which can be easily tempered with by hackers.
So for this reason we would be looking at the top reliable crytocurrency exchange were you can do your transactions and trades with a complete peace of mind.
Types of exchanges:
1) Trading Platforms:
Trading platforms connect buyers and sellers and take a fee from each transaction made. Most of the exchanges listed in this article fall’s under trading platforms.
2) Direct Trading:
Direct trading platforms offers direct man to man trading where individuals from different countries can exchange currency.
3) Broker Platforms
Are websites that anyone can visit to buy cryptocurrencies at a given price set by the broker. Brokers are similar to foreign exchange dealers.
Top Reliable Cryptocurrency Exchange
Here are the top cryptocurrency exchange:
Fees : Free
This is an incredible platform. With Coinbase Pro, you can buy bitcoin, litecoin and bitcoincash for free (no fees). Coinbase is the parent body of Coinbase pro. To use coinbase pro, you have to create a Coinbase account.
The interface might be a little confusing at first, but once you have gotten used to it, it will be a breeze. If you plan on getting a lot of crypto and trading them for profit then you have gotten the right platform. If you wish to withdraw through digital assets to GDAX, then you are in luck because your withdrawal fees will be covered.
Fees : 0.25%
Luno is a global exchange that supports Europe and other countries like South Africa, Nigeria, Malaysia and Indonesia. Europeans can buy via SEPA transfer. Users from the other countries listed can buy using local bank transfer.
Luno comes with a simple interface, which is easy to navigate which gives you an amazing trading experience. You can make deposits directly from your bank address.
Fees : 3.98% (Purchase fee)
Bitpanda is an European based exchange, Bitpanda sells Bitcoin, Ethereum, Litecoin, IOTA, dash Ripple, komodo and more. It also supports the following currencies; US Dollars, Euros, British Pounds, and Swiss Francs.
Bitpanda has several payment methods such as bank transfers, credit cards, debit cards, Skrill e.t.c.
Fees : 0.25% (Purchase fee)
Bitstamp was founded in 2011, this Luxembourg based company is a cryptocurrency exchange popular known for it’s very high trading value which gives you more liquidity. It has a very friendly user interface which makes it easy to carry out trades.
They have a wide variety of trading pairs and cryptocurrencies available such as Bitcoin, Ethereum, litecoin, Ripple and more.
Fees : 1%
Gemini is a New York based exchange company, that provides high security to your digital assets. Looking for an exchange that offers a good security? You should check out Gemini . The system stores information offline, access controls, and provides multi-factor authentication.
It only trades three currencies which are: US dollars, Bitcoin and Ethereum.
Gemini recently added a support for more cryptocurrencies such as Zcash. This was a huge addition as Zcash is a privacy-focused currency and very few exchanges allow direct purchases of privacy cryptocurrency
Fees : Low
Binance is an exchange that is bent on the security of it’s users funds. Recently, Binance just introduced SAFU (Secure Asset Fund for Users), that takes 10% of all trading fees the exchanges earns, to give back to the users in the event of a hack.
Binance exchange features their own coin, Binance Coin, that allows users to save big on trading fees. It is available to all countries and US states.
Fees : 0.1%
This is a new cryptocurrency exchange based in Korea, it has a very wide variety of cryptocurrencies for sale. It has its own token similar to Binance called Kucoin shares, which gives its holders a percentage of the exchanges total trading fees. Kucoin has lots altcoins listed on the exchange that are exclusive or on a small amount of exchanges.
CoinMama is a Bitcoin broker. This exchange gives you an easy way to buy bitcoins with credit cards or cash deposits through MoneyGram and Western Union. CoinMama uses Simplex, a credit processor that allows you to buy up to $5,000 in a single purchase. CoinMama also has a high exchange rates due to chargeback issues, and it uses credit or debit card as means of payment.
Fees : Low
Kraken is a highly respected and reliable cryptocurrency exchange with a very low transaction fee. This platform was created in 2011. Kraken is highly rated as a top Bitcoin exchange by different media platforms.
Kraken is the first Bitcoin Terminal to be listed on the Bloomberg Terminal. Kraken is almost similar to Bitstamp in its pros and cons. The two are almost the same when it comes to deciding on what to use.
Fees : high
This exchange offers its users a large altcoin selection with up to 230+ options to choose from. Bittrex is currently one of the leading reliable cryptocurrency exchange, Its reputation is built upon a good user interface follwed by it’s strong security. The interface allows users to easily expand their portfolios with access to over 250 coins.