Cryptocurrency exchange Kenya 2022
          

How to choose a convenient and high-quality crypto platform? To understand all the diversity that the modern crypto services market offers, we need to define the main points that distinguish a high-quality and reliable 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;
  • safety.

Next, we look at how the best cryptocurrency exchanges in the world operate.

Best exchanges for cryptocurrencies

The best cryptocurrency exchange platform is usually an all-in-one resource, often combining the functions of an exchange, cryptocurrency wallet and trading platform. 

The major cryptocurrency exchanges offer customers a huge selection of cryptocurrencies, low buy/sell commissions and no deposit fees, low deposit and withdrawal limits, and convenient settlement options. 

An additional convenience is the mobile version of the program, which is generally not inferior in functionality to the desktop version of cryptoexchange, and is much more convenient than it.

Reliability is the most important feature of a cryptocurrency exchange. Modern platforms use the best computer security standards to protect their clients' funds.

Please carefully check the functionality, features and terms of use of the cryptocurrency exchange before starting any transactions. 

Coinbase

Customers around the world are becoming familiar with cryptocurrencies and are beginning to dominate the field, thanks to Coinbase.

Around 73 million verified users, 10,000 organizations and 185,000 system partners from over 100 countries trust Coinbase and use our platform to invest, spend, save, earn and use cryptocurrencies easily and safely.

What does this platform offer? By becoming a Coinbase user, you will receive the following benefits:

  • 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 powerful 24/7 technical support. A mobile version of the software has been developed.

Please visit Coinbase and enjoy the benefits of one of the most trusted and advanced cryptocurrency platforms in the world!

Binance

Binance is the leading cryptocurrency exchange in terms of trading volume, trusted by millions of users around the world!

Binance satisfies with low fees and a wide range of offerings, including spot trading, cryptocurrency derivatives, the ability to monetize mining and staking, and easy and fast conversion of fiat currencies to cryptocurrencies and vice versa.

The 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 also offers a fast and secure mobile wallet - a wallet that allows you to store and manage cryptocurrencies wherever you are.

Binance is a really good choice for both the novice and the experienced trader.

Kraken

Kraken, a cryptocurrency exchange that has been successfully operating in the market since 2011, is today one of the most popular currency trading platforms among English-speaking traders worldwide. Kraken is among the top ten similar sources, ranking first in terms of BTC / EUR pair trading volume and seventh in terms of daily turnover. The company has gained a lot of popularity because it attaches great importance to the quality of service and security issues. As a result, today it enjoys an almost impeccable reputation among users from Europe and America.

Kraken is the first cryptocurrency exchange to display price and sales data on a Bloomberg terminal and is the first company of its kind to pass a proof-of-concept audit showing it has cash reserves. The exchange is partnered with the first cryptocurrency bank, one of the leading platforms in the market, which is constantly evolving to provide a convenient and functional service.

Apart from the popular Ethereum, Bitcoin, Dash, Litecoin, Ripple, etc., there are also a number of other coins that have gained recognition. The coins that have gained recognition are also available on the exchange: for example, Iconomi, Augur, Monero, Zcash, Bitcoin Cash. At the same time, there is support for fiat money (US dollar, yen, Canadian dollar, etc.) on the site. Kraken offers up to 5x leverage, low rollover fees, professional trading interface, advanced API access.

Kraken is a complex operation, but it has a simple interface so that even a novice can navigate through it. Give it a try and you might like this platform - it could be your ideal.

Bittrex

Bittrex exchange is a platform for buying and selling cryptocurrencies and token 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. Fiats are represented by euros and US dollars. The trading terminal in the form of a web version for PC and a mobile app for iOS and Android. There is a single tier referral program, no investment programs. There is no basic stock market control, only comprehensive KYC control. All major deposit options are available, including MC and Visa cards. The cryptocurrency storage method is cool, the site 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 downside is the lack of a cryptocurrency wallet and fiat currencies, as well as demo accounts and training programs.

Bitmex

Currently, the Bitmex cryptocurrency exchange is one of the market leaders in terms of trading volume. The platform allows you to buy and sell contracts for virtual assets in combination with margin trading on BitMEX (with leverage).

BitMEX allows users to trade Bitcoin, BitcoinCash, Cardano, Ethereum, Litecoin, Ripple and EOS futures. The most liquid instruments are the perpetual XBT / USD contracts.

When trading on BitMEX you can open positions not only to buy, but also to sell assets. In other words, it is possible to make money on BitMEX, 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 your user account.

Bitfinex

Bitfinex exchange is the leading cryptocurrency exchange for experienced traders worldwide and one of the leading exchanges in terms of awareness and trading volume. The platform serves almost every country in the world and supports fiat and digital asset transactions. On the platform, users can exchange Bitcoin and other leading cryptocurrencies for USD and BTC. There are also cross trades when one altcoin can be exchanged for another. The company has its own trading terminal with a mobile app for margin trading; it has leverage up to 1:10 (up to 1: 100 for derivatives).

There are six basic types of trading on a cryptocurrency exchange: exchange, margin, OTC, paper trading, derivatives and margin hedging.

Localbitcoins

LocalBitcoins is a popular cryptocurrency exchange that offers the ability to withdraw money quickly and profitably exchange coins for fiat currencies.

Local Bitcoins was founded in 2012 in Finland. The project aims to unite people and the economy in places where the regular banking system cannot be used to purchase cryptocurrency.

Advantages of LocalBitcoins cryptocurrency exchange:

  • Cash trading.
  • Support for many payment methods.
  • Trading volume.
  • Referral program.
  • Bitcoin wallet with free use.

The cons and reviews of the LocalBitcoins cryptocurrency exchange:

  • Payment with other cryptocurrencies.
  • Lack of official support for mobile devices. 

Poloniex

The Poloniex exchange is considered one of the most popular platforms for trading cryptocurrencies.

The platform provides access to a wide range of altcoins. It is one of the largest exchanges in terms of daily trading volume.

Poloniex was founded in the United States in 2014. The company's operations are not controlled by any regulator like most companies in the cryptocurrency space.

In March 2014, Poloniex was hit by a major hacking attack. About 12% of bitcoin stored on the exchange was stolen. The company then raised fees to compensate the affected users.

Currently, Poloniex offers the possibility to work with more than 120 cryptocurrencies, with leverage up to 1: 100, and their conversion into fiat currency.

The trading platform offers 2 versions: the WebTrader and the mobile application (for iOS and Android operating systems), the graphical interface allows you to use tools and indicators for a better experience.

Poloniex also offers technical support via social media and through the interface, which is a great option that not all exchanges offer. Also, they have increased security to provide a safer environment.

Kucoin

KuCoin is a Hong Kong-based cryptocurrency exchange that launched in September 2017.

The goal of the project team is to create a trading platform that stands out favorably from the competition due to its user orientation. For example, the exchange offers a lucrative bonus program as well as 24-hour operational support.

It often adds coins before they even appear on competing platforms. On the site, you will find a list of cryptocurrencies that are preparing to enter the exchange in the near future.

KuCoin (KCS) shares can be traded under more favorable conditions. A similar system is used on the cryptocurrency exchange Binance. 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, reduced trading commissions and access to other special services.

The platform has basic analysis, charts, indicators. You can top up your account balance with debit cards, cryptocurrencies and e-currencies. These methods are also available for withdrawals. In addition to the affiliate program (referral payments), the site offers unique contests with cash prizes.

Bitpanda

Bitpanda is an Austrian cryptocurrency exchange that specializes in selling and buying bitcoin and other cryptocurrencies. Bitpanda.com is a fully automated platform: once payment is confirmed, bitcoins and other cryptocurrencies are automatically sent to buyers. Bitpanda (formerly known as Coinimal) is a cryptocurrency company based in Vienna. To date, the company offers buyback of Dash, Litecoin, Bitcoin, Bitcoin Cash, and Ethereum.

Bitpanda is available in over 54 countries, with a variety of payment options (although fees may apply when depositing some cryptocurrencies). It also offers customer support via major social media, email, and phone calls.

You can buy over 50 different cryptocurrencies on the exchange, including Ethereum and Ripple. It accepts various fiat currencies, including Swiss francs and Turkish lira, making it one of the most diverse exchanges.

Bitpanda also has its own currency - BEST - which can be used to pay fees on the exchange. Best adopters receive various benefits, the most notable of which is a 20% discount on premiums and trading costs.

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 the reach of hackers.

The company's servers are protected against DDoS attacks - the probability of website failure is very low. Besides, all your communication with the website is encrypted using Secure Socket Layer technology.

Bitpanda's interface makes buying and selling cryptocurrencies incredibly easy. Please try using this popular feature - registration takes no more than two minutes.

Coinmama

Coinmama began operations in 2013. It is registered in Slovakia, but its owner is New Bit Ventures, which is based in Israel. At the same time, the exchange itself operates worldwide. During its operation, the exchange has proven to be convenient and customer-oriented for its users.

Cryptocurrency cannot be stored in this facility. All funds are immediately sent to the customer's wallet address.

Coinmama offers you a number of major trading 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 fiat currencies (dollars and euros).

There are several commissions in the stock market. The first is 5.5%, which is already included in the price the investor sees. If you use a credit or debit card, there is also a processing fee. This is 5%. Additionally, commissions may be charged by the bank that issues the card.

The platform is available online (currently does not have a mobile app).

Coinmama is not an exchange in the usual sense of the word. Unlike regular cryptocurrency exchanges, here you can only buy currency. The lack of a built-in wallet means that all your purchases must be immediately transferred to the address you provide. But on the other hand, this makes the project more secure, as this fact eliminates the risk of losing your funds in case of a hacker raid.

Hitbtc

The Hitbtc platform was founded in 2013 and currently offers a high-tech exchange source (with an API that allows trading robots). Moreover, it allows you to trade more than 500 digital assets and the most valued cryptocurrencies in the world (more than 800 compatible pairs).

This platform also offers corporate accounts and various security systems so that your money is optimally protected.

The site is listed in the top 30 cryptocurrency exchanges and thus remains quite competitive. It has achieved such results due to offering a large number of currency pairs and good functionality. The site offers high-quality trading instruments, presented in a convenient format and suitable for both beginners and professional traders.

HitBTC cryptocurrency exchange is a good way to buy and trade cryptocurrencies.

Paxful

The Paxful platform allows you to exchange fiat money for digital assets peer-to-peer and earn money by connecting to an automated payment service and getting referrals.

The paxful cryptocurrency exchange was founded in 2014. Today on the site you can exchange digital assets for fiat in 400 ways and it works with almost all national currencies.

The platform offers you the opportunity to buy or sell Bitcoin (BTC) cryptocurrency. You can withdraw money to a bank account in any country; via wire transfer; electronic money; via exchange for iTunes gift cards, Amazon; exchange for many other cryptocurrencies; pay for in-store purchases (this last option is still in development).

It currently has nearly 5 million users and has developed a program aimed at bitcoin providers. Paxful offers significant advantages in such a competitive market, and both buyers and sellers can negotiate fair terms.

They also offer a mobile app, which is a virtual wallet with a user-friendly graphical interface that allows you to exchange, receive and send bitcoin.

Please define your goals when investing in cryptocurrencies and choose the right source for you based on the tools and features you need.

We wish you good luck in the cryptocurrency market!

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
Payguru