Top Reliable Cryptocurrency Exchange
Cryptocurrency industry has unveiled a new medium for investors to to double there resources in many ways. One of those ways involve the trading of the digital asset. To carry out these trades and transaction effectively, it is important that we use the top reliable crytocurrency exchange.
Lots of people make use of crytocurrency for many reasons, but the last thing you would want is to lose your hard earned money to a scam crytocurrency exchange. In some cases, the site may not be a scam site but has a very low security level, which can be easily hacked.
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 rest of mind.
Types of exchanges:
1) Trading Platforms
These platforms connect buyers and sellers and take a fee from each transaction. Most of the exchanges listed in this article fall’s under trading platforms.
2) Direct Trading
These 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
Fees : Free
This is an amazing 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 complicated at first, but once you gotten acquainted to it, it will be a breeze. If you plan on getting a lot of crypto and trading them for profit then you have found 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, the website 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, Dash, Ethereum, Litecoin, IOTA, Komodo, Ripple, 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. The user interface is very user friendly which makes it easy to carry out trades.
They have a wide variety of trading pairs and cryptocurrencies available such as Bitcoin, Ripple, Litecoin, Ethereum and more.
Fees : 1%
Gemini is a New York based exchange company, that offers high security to your digital assets. Looking for an exchange that offers a good security? You should check out Gemini . T system stores information offline, access controls, and provides multi-factor authentication.
It only trades three currencies: US dollars, Bitcoin and Ethereum.
Gemini recently added 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 has 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, that 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 easy ways 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 payment methods.
Fees : Low
Kraken is an 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 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 accompanied by it’s strong security. The interface allows users to easily expand their portfolios with access to over 250 coins.