Buy cryptocurrencies Kenya 2022
How to choose a convenient and quality crypto platform? To understand all the variety that the modern market of cryptographic services offers, let us define the main points that distinguish a reliable and quality source, namely:
- functionality of the platform. Some resources have a limited set of services, while others offer you a large number of additional features. Focus on your own needs, and make your choice, having previously familiarized yourself with the proposed set of operations;
- the size of the commission. Visit the "Pricing" section to evaluate the possibility of using the resource based on your personal financial condition;
- the presence of a crypto wallet;
- the presence of a mobile application of the program, the convenience of the interface of the versions of the program used;
Below we look at how the best cryptocurrency exchanges in the world work.
The best cryptocurrency exchanges
The best cryptocurrency exchange platform is usually an all-in-one resource, often combining the functions of an exchanger, cryptocurrency wallet, and trading platform.
Large cryptocurrency exchanges offer customers a huge selection of cryptocurrencies, low transaction costs and no deposit fees, low deposit and withdrawal limits, and convenient settlement options.
An added convenience is the mobile version of the software, which is usually just as functional as the desktop version of the encryption exchange, and much more convenient than the desktop version.
Reliability is the most important feature of a cryptocurrency exchange. Modern platforms use the best computer security standards to protect their customers' money.
Customers around the world are learning about cryptocurrency and starting to embrace the field thanks to Coinbase.
About 73 million verified users, 10,000 organizations and 185,000 system partners from over 100 countries trust Coinbase and use our platform to easily and securely invest, spend, save, earn and use cryptocurrency.
What does the platform offer? By becoming a Coinbase user, you will gain the following advantages:
- The ability to carry out transactions for the purchase, sale and exchange of cryptocurrency. More than 16 well-known cryptocurrencies are available on the platform.
- Best standalone crypto wallet Coinbase Wallet. It is a self-contained wallet where you have complete control over your cryptocurrency, keys and data. There is now a single, reliable repository for cryptocurrency and rare NFTs.
- Coinbase card. You can pay with cryptocurrency or USD wherever Visa debit cards are accepted. The card does not have an annual service fee and registration fee, in addition, it has a cashback of up to 4% on each purchase.
- The ability to borrow funds. Get cash by taking out a loan from Coinbase without having to sell bitcoins. The platform does not charge any fees, there is no credit check, and the annual rate at the time of writing is only 8%.
Coinbase also offers turnkey solutions for businesses and developers, free training and strong 24/7 technical support. A mobile version of the software has been developed.
Visit Coinbase and enjoy the benefits of one of the world's most advanced and trusted crypto platforms!
Binance is the leading cryptocurrency exchange by trading volume, trusted by millions of users worldwide!
Binance offers low commissions and a wide range of products, including spot trading, crypto derivatives, the ability to make money through mining and staking, and the ability to convert fiat currency into cryptocurrencies and vice versa quickly and easily.
O Binance is:
- More than 150 cryptocurrencies available for exchange and the most popular for buying and selling. By registering on the resource, you will be able to operate with popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Chainlink (Link), Tezos (XTZ), Cardano (ADA), Binance Coin (BNB).
- The ability to quickly and easily convert crypto to fiat and vice versa using a Binance Visa card. With a Binance card, you can use Bitcoin or BNB to pay for purchases in tens of millions of merchants around the world, while receiving cashback.
- P2P trading without commissions.
- Fiat deposit.
- Possibility to borrow on spot, margin or futures.
- Earnings from staking and mining, as well as the ability to earn interest on cryptoassets with Binance Savings.
In addition to these benefits, Binance offers a fast and secure Trusted Wallet mobile app, a wallet that allows you to store and manage cryptocurrencies wherever you are.
Binance is a very good choice for both the novice and the experienced trader.
Kraken, a cryptocurrency exchange that has been successfully operating on the market since 2011, is now one of the most popular currency trading platforms among English-speaking traders around the world. Kraken is among the top 10 such sources, ranking first in terms of BTC/EUR trading volume and seventh in terms of daily trading volume. The company has grown in popularity due to its focus on quality of service and security. Today, it therefore has an almost impeccable reputation among users in Europe and America.
Kraken is the first cryptocurrency exchange to display price and sales data on the Bloomberg terminal, and the first company of its kind to be audited to confirm that it has cash reserves. The exchange partners with the first cryptocurrency bank, one of the leading platforms in the market, which is constantly evolving to provide a convenient and functional service.
In addition to the popular Ethereum, Bitcoin, Dash, Litecoin, Ripple, etc., you will also find coins on the exchange that have gained notoriety: for example, Iconomi, Augur, Monero, Zcash, Bitcoin Cash. At the same time, the site has support for fiat money (US dollar, yen, Canadian dollar, etc.). Kraken offers up to 5x leverage, low rollover rates, professional trading interface, advanced API access.
Kraken is a sophisticated operation, but with a simple interface so that even a beginner will be able to navigate the resource. Try it out and take advantage of the platform - it may be perfect for you.
Bittrex Exchange is a platform for buying and selling cryptocurrencies and tokenized assets with its own trading terminal and support for third-party terminals. Bitcoin, Ethereum, Tether, Cardano, XRP and other cryptocurrencies are traded on the exchange. Fiat is represented by euros and US dollars. The trading terminal comes in the form of a web version for PCs and a mobile app for iOS and Android. There is a one-level referral program, there are no investment programs. There is no basic exchange verification, only a comprehensive KYC-type verification. There are all basic deposit options, including MC and Visa cards. The cryptocurrency storage method is cold storage and the platform uses the latest protocols to protect user data. The advantages of the platform are:
- Convenient interface.
- Fast verification.
- Simple trading process.
- Large selection of cryptocurrencies.
- Fast deposits and withdrawals.
- Customized trading platform.
- Availability for work in most countries of the world.
- One of the safest trading platforms in the world.
- The exchange operates within the framework of EU and Liechtenstein legislation.
The disadvantages include the lack of cryptocurrencies and fiat currencies, as well as demo accounts and training programs.
Bitmex is currently one of the market leaders in terms of trading volume. The platform allows you to buy and sell virtual asset contracts in conjunction with margin trading on BitMEX (with leverage).
BitMEX allows users to trade futures contracts for Bitcoin, BitcoinCash, Cardano, Ethereum, Litecoin, Ripple, and EOS. The most liquid instruments are the XBT / USD perpetual contracts.
When trading on BitMEX, you can open positions not only to buy an asset, but also to sell it. In other words, with BitMEX you can make money not only in a rising market, but also in a falling market.
The maximum leverage for Bitcoin is 100x, for other digital currencies it is lower.
BitMEX also has an API (application programming interface) feature that can be used to automate work on the platform. It can be found in the user account.
Bitfinex is the leading cryptocurrency exchange for experienced traders around the world, and one of the leading exchanges in terms of awareness and trading volume. The platform serves almost every country in the world and supports transactions in fiat and digital assets. Users can trade Bitcoin and other major cryptocurrencies for USD and BTC on the platform. There are also cross rates, where one altcoin can be exchanged for another. The company has its own trading terminal with a mobile app for margin trading; leverage is up to 1:10 (up to 1:100 for derivatives).
There are six main types of trading on crypto exchanges: exchange trading, margin trading, OTC trading, paper trading, derivatives, and margin securities.
LocalBitcoins is a popular cryptocurrency exchange that offers fast withdrawals and profitable exchanges of coins against fiat currencies.
Local Bitcoins was founded in Finland in 2012. The project aims to connect people and economies in places where the conventional banking system cannot be used to buy cryptocurrency.
The advantages of the LocalBitcoins cryptocurrency exchange:
- Cash trading.
- Support for many payment methods.
- Trading volume.
- Referral program.
- Bitcoin wallet with free use.
Disadvantages and reviews of the LocalBitcoins cryptocurrency exchange:
- Payment with other cryptocurrencies.
- Lack of official support for mobile devices.
Poloniex is considered one of the most popular platforms for cryptocurrency trading.
The platform provides access to a wide range of altcoins. It is one of the largest exchanges in terms of daily bitcoin volume traded.
Poloniex was founded in the US in 2014. The company is not controlled by a regulator, like most companies in the crypto space.
In March 2014, the Poloniex exchange was hit by a major hacking attack. About 12% of the bitcoins stored on the exchange were stolen. The company then raised fees to compensate affected users for their losses.
Poloniex currently offers the opportunity to work with over 120 cryptocurrencies, with a leverage of up to 1: 100, and convert to fiat currency.
The investment platform offers 2 versions: WebTrader and a mobile application (for iOS and Android operating systems), a graphical interface that allows you to use tools and indicators for a better experience.
Poloniex also offers technical support through social media and through the interface, a great feature that not all exchanges offer. In addition, they have beefed up security to provide a safer environment.
KuCoin is a Hong Kong-based cryptocurrency exchange that launched in September 2017.
The project team wants to create a trading platform that distinguishes itself from the competition through its user orientation. For example, the exchange offers a lucrative bonus program and 24/7 operational support.
It often adds coins even before they appear on competing platforms. The site provides a list of cryptocurrencies that will be listed in the near future.
KuCoin Shares (KCS) tokens allow trading on better terms. A similar system is used in Binance's cryptocurrency exchange. KCS tokens are a decentralized cryptocurrency issued on the Ethereum blockchain (ERC 20 tokens).
KCS tokens can be purchased directly on the KuCoin exchange. KCS holders enjoy a number of benefits, such as commission income, lower transaction costs, and access to other special services.
The platform has basic analysis, charts and indicators. Deposits can be made with debit cards, cryptocurrencies, and e-wallets. These methods are also available for withdrawals. In addition to the affiliate program (payments for referrals), the site offers unique contests with cash prizes.
Bitpanda is an Austrian cryptocurrency exchange, specializing in the sale and purchase of bitcoins and other cryptocurrencies. Bitpanda.com is a fully automated platform: once a payment is confirmed, bitcoins and other cryptocurrencies are automatically sent to buyers. Bitpanda (formerly known as Coinimal) is a cryptocurrency startup based in Vienna. So far, the company has offered purchases of Dash, Litecoin, Bitcoin, Bitcoin Cash, and Ethereum.
Bitpanda is available in over 54 countries, with a variety of payment options (although fees may be charged when depositing in some cryptocurrencies). The company also offers customer support via major social media, email, and phone calls.
On the exchange, you can buy over 50 different crypto assets, including Ethereum and Ripple. It accepts several fiat currencies, including the Swiss franc and Turkish lira, making it one of the most diverse exchanges.
Bitpanda also has its own currency - BEST - which can be used to pay exchange fees. The best followers receive various benefits, the most notable of which is a 20% discount on premiums and trading fees.
It has 1.2 million users and a daily turnover of $12 million.
Bitpanda uses cold storage. Funds are stored offline in AML5-compliant wallets. Since they are not connected to the Internet, the funds remain safe from hacker access.
The company's servers are protected against DDoS attacks - the chance of a website failing is very small. In addition, all your communication with the website is encrypted using Secure Socket Layer technology.
The Bitpanda interface makes buying and selling cryptocurrencies extremely easy. Try out this popular resource - it takes no more than two minutes to register.
Coinmama started its operations in 2013. It is registered in Slovakia, but is owned by Israel-based New Bit Ventures. At the same time, the exchange itself operates worldwide. During its operation, the exchange has proven to be user-friendly and customer-oriented.
Cryptocurrency cannot be stored at this source. All funds are immediately sent to the customer's wallet address.
Coinmama offers you a number of major tradable currencies to buy and/or sell, such as: Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Cardano (ADA. ), Qtum (QTUM), Ethereum Classic (ETC), Tezos (XTZ) and Eos (EOS).
The exchange offers to buy coins for fiat currencies (dollars and euros).
There are several commissions in the stock market. The first is 5.5% and is already included in the price that the investor sees. If you use a credit or debit card, there is also a processing fee. It is 5%. In addition, the card-issuing bank may charge a fee.
The platform is accessible online (currently it has no mobile app).
Coinmama is not an exchange in the usual sense of the word. Unlike normal crypto exchanges, you can only buy currency here. The lack of a built-in wallet means that any assets you buy must be immediately transferred to the address you provide. But on the other hand, this makes the project more secure, as this eliminates the risk of losing funds in the event of a hack.
Founded in 2013, the Hitbtc platform now provides a source for trading advanced technologies (with an API to power trading robots). It also allows you to trade over 500 digital assets and the world's most traded cryptocurrencies (over 800 compatible pairs).
The platform also offers corporate accounts, as well as various security systems to ensure the highest level of protection for your funds.
The site is in the top 30 cryptocurrency exchanges and continues to be very competitive. It has been able to achieve these results by offering a large number of currency pairs and good features. The service offers high-quality trading instruments, presented in a user-friendly format and suitable for both novice and professional traders.
The HitBTC cryptocurrency exchange is a good way to buy and trade cryptocurrencies.
The Paxful platform allows you to exchange fiat money for digital assets in Peer-to-Peer mode and earn money by linking an automatic payment service and referrals.
Cryptocurrency exchange Paxful was founded in 2014. Today, the site offers 400 ways to exchange digital goods for fiat goods, and works with almost all national currencies.
The platform allows you to buy or sell Bitcoin (BTC) cryptocurrency. You can withdraw incoming money to a bank account in any country; via money transfer; with electronic cash; redeeming against iTunes, Amazon gift cards; redeeming against many other cryptocurrencies; paying for purchases in stores (this last option is still in development).
It now has almost 5 million users and has developed a program aimed at bitcoin suppliers. Paxful offers significant advantages in such a competitive market, and both buyers and sellers can negotiate fair terms.
They also offer a mobile app, a virtual wallet with a user-friendly graphical user interface that allows you to exchange, receive and send bitcoins.
Determine your goals when investing in cryptocurrency, and based on the tools and features you need, choose the right source for you.
We wish you good luck in the cryptocurrency market!