Best exchanges for cryptocurrency trading

Best exchanges for cryptocurrency trading

  • Author : Admin
  • Published : June 29, 2020

 

Since the inception of Bitcoin, cryptocurrency is becoming popular among the traders. It uses peer-to-peer technology for added security. For trading or simply buying and selling crypto coins and trading fiat money into crypto, an exchange is the base medium. To dive into cryptocurrency trading, you need an efficient exchange. An exchange is primarily like currency exchange, but you can exchange your local currency for cryptocurrencies. The exchange offers you the best and simple way of trading.

 

Coinbase

Coinbase is one of the most prevalent cryptocurrency broker exchanges. It offers a good
platform for secure transactions and accepts your credit & debit card, bank transfer, and PayPal. It incurs relatively higher transaction fees up to 3.75%, and the fee is also dependent on the country you reside in. Coinbase is only available for European countries, Australia and North America and not of Asia and Africa. So choose your exchange accordingly. Coinbase allows you a seamless process for trading Bitcoin, Ether, and Bitcoin Cash.

 

Bitstamp

Bitstamp is one of the oldest cryptocurrency exchanges which was instituted in the year 2011. You can buy Bitcoin, Ripple, and Litecoin through Bitstamp, and it allows credit and debit cards as well as bank transfer for the transaction.

Remember, it is not suitable for the starters, and it attracts higher fees for a credit card
transaction and around 10% for debit card transactions up to $1000 and a 2% deposit of more than $1000.

CEX.io

CEX.io is another broker exchange that is quite easy to use, simple, and completely secure like Coinbase. The exchange accepts US Dollar, Euro, and Pound and attracts 3.5%+ $0.20 transaction fee through debit and credit cards.

Kriptomat

Kriptomat is relatively new in the market, which was started in 2018. This exchange has lots of potential by standardizing digital currencies through crypto exchange and crypto wallet licenses.

Coinmama

Coinmama undoubtedly offers one of the most secure and trustable platforms for trading. Here you can buy and sell cryptocurrency irrespective of your residing country. Founded in 2013 allows payment through credit card with a fee of 6%, and it accepts local currencies. Remember, on Coinmama; you can only buy Bitcoin and Ether.

 

The success story of Patil A successful entrepreneur

 

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Patil was an entrepreneur who was running his two companies at a time, and both were
going nicely because of his determination and decision-making skills. All of a sudden, thanks to a weekly journal, he became conscious about the rising popularity of Bitcoin and got fascinated by this technology.

He made an extensive study and explored the ins and outs of Bitcoin before investing.
Subsequently, he purchased more than 1000 Bitcoins at a price of & 2.52 each, and to his astonishment, he made a fortune because of the sudden boom of Bitcoin, the first cryptocurrency. The things were unbelievable at the onset but surprisingly true.

 

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