Reviewing Cryptocurrency Exchanges
          

How to choose a convenient and high-quality crypto platform? To understand all the diversity offered by the modern crypto services market, we will define the main points that distinguish a high-quality and reliable resource, 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.

Below we take a look at how the best crypto exchanges in the world work.

The best cryptocurrency exchanges

The best cryptocurrency exchange platform is usually a multifunctional resource, often combining the functions of an exchanger, a crypto-wallet and a trading platform. 

The biggest cryptocurrency exchanges offer the customer a huge selection of cryptocurrencies, low commissions for buy/sell transactions and no deposit fees, low deposit and withdrawal limits, and convenient settlement options. 

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

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

Carefully review the functionality, features and terms of use of a crypto exchange before you begin transactions. 

Coinbase

Clients from around the world are getting familiar with cryptocurrency and are starting to master 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 safely invest, spend, save, earn and use cryptocurrency.

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 tech support. A mobile version of the program has been developed.

Visit Coinbase and enjoy the benefits of one of the most trusted and advanced crypto platforms in the world!

Binance

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

Binance pleases with low fees and a wide range of products, including spot trading, crypto derivatives, the ability to make money on mining and staking, and easily and quickly convert fiat currencies to cryptocurrencies and vice versa.

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 mobile app Trust Wallet - a wallet that allows you to store and manage cryptocurrencies wherever you are.

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

Kraken

Kraken, a cryptocurrency exchange that has been successfully operating on the market since 2011, is today one of the most popular platforms for trading coins among English-speaking traders around the world. Kraken is one of the ten best similar resources, ranking first in terms of the trading volume of the BTC / EUR pair and 7th in terms of daily turnover. The company gained great popularity due to the fact that it pays great attention to the quality of service and safety issues. Today, this allows her to have an almost impeccable reputation among users in Europe and America.

Kraken is the first cryptocurrency exchange to display quotes and sales data on the Bloomberg terminal, and is the first such company to undergo an audit of proof that it has cash reserves. The exchange is a partner of the first cryptocurrency bank, one of the leading platforms on the market, which is constantly evolving, providing a convenient and functional service.

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

Kraken is a complex operation, but a simple interface, so even a beginner can navigate the resource. Try it and you can take advantage of the platform - perhaps this is your ideal platform.

Bittrex

The 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. Fiats are represented by Euros and US Dollars. Trading terminal in the form of a web version for a PC and a mobile application for iOS and Android. There is a one-level referral program, there are no investment programs. There is no basic verification on the exchange, only an extended one of the KYC type. There are all the main options for depositing funds, including MC and Visa cards. The method of storing cryptocurrencies is cold, the site uses the latest protocols for protecting user data. The advantages of the platform include : 

  • 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.

Among the disadvantages is the lack of a crypto wallet and fiat currencies, as well as demo accounts and training programs.

Bitmex

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

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

When trading on BitMEX, you can open positions not only for buying, but also for selling an asset. That is, there is an opportunity to make money on BitMEX not only in a growing market, but also in a declining one.

The maximum leverage for Bitcoin is 100x, for other digital coins it is lower.

BitMEX also has an API (application programming interface) function that can be used to automate work on the platform. It can be found in the user account.

Bitfinex

The Bitfinex exchange is the leading cryptocurrency exchange for experienced traders from around the world and one of the top exchanges in terms of recognition 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 rates, when one altcoin can be exchanged for another. The company has its own trading terminal with a mobile application for margin trading; it has a leverage of up to 1:10 (up to 1: 100 for derivatives).

There are six key types of trading on the crypto exchange: exchange, margin, OTC, paper trading, derivatives and margin collateral.

Localbitcoins

LocalBitcoins is a popular crypto exchange that provides the ability to quickly withdraw money and profitably exchange coins into fiat currencies.

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

Advantages of the LocalBitcoins crypto exchange:

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

Disadvantages and reviews of the LocalBitcoins crypto 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 bitcoin trading volume.

Poloniex was founded in 2014 in the USA. The company's activities are not controlled by any of the regulators, like most companies in the cryptocurrency space.

In March 2014, Poloniex suffered a major hacker attack. About 12% of the bitcoins held on the exchange have been stolen. After that, the company raised fees to be able to compensate for the losses of affected users.

At the moment, Poloniex provides an opportunity to work with more than 120 cryptocurrencies, leverage 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), the graphical interface allows you to use tools and indicators for a better experience.

Poloniex also offers technical support via social media and via an interface, a great option that not all exchanges offer. In addition, they have strengthened security to provide a more secure environment.

Kucoin

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

The project team strives to create a trading platform that stands out favorably against the background of competitors with its focus on the user. For example, the exchange offers a lucrative bonus program, as well as round-the-clock and operational support.

Often adds coins before they even appear on competing platforms. On the site you will find a list of cryptocurrencies preparing for listing in the near future.

KuCoin Shares (KCS) tokens allow trading on more favorable terms. A similar system is used on the Binance cryptocurrency exchange. KCS tokens are a decentralized cryptocurrency issued on the Ethereum blockchain (ERC 20 tokens).

KCS tokens can be bought 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 analytics, charts, indicators. It is possible to replenish the account balance from debit cards, cryptocurrency and electronic wallets. These methods are also available for withdrawal. In addition to the affiliate program (payments for referrals), the site offers unique contests with cash prizes.

Bitpanda

Bitpanda is an Austrian cryptocurrency exchange specializing in the sale and purchase of bitcoins and other cryptocurrencies. Bitpanda.com is a fully automated platform: as soon as the 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 apply when depositing some cryptocurrencies). In addition, it offers customer support via major social media, email, and phone calls.

The exchange allows you to buy over 50 different cryptoassets, including Ethereum and Ripple. It accepts several fiat currencies, including Swiss Francs and Turkish Lira, making it one of the most diversified exchanges out there.

Bitpanda also has a native currency - BEST - which can be used to pay fees on the exchange. The best adopters receive several benefits, the most notable of which is a 20% discount on trade premiums and fees.

It has 1.2 million users and boasts a daily trading volume of $ 12 million.

Bitpanda uses cold storage. Funds are stored offline in AML5 compatible wallets. Since they are not connected to the Internet, the funds remain safe from the reach of hackers.

The company's servers are protected from DDoS attacks - the probability of a website crash is extremely low. In addition, all your communications with the site are encrypted using Secure Socket Layer technology.

Bitpanda's interface makes buying and selling crypto extremely easy. Try and use this popular resource - registration will not take more than two minutes.

Coinmama

Coinmama started its business in 2013. It is registered in Slovakia, but it is owned by New Bit Ventures, which is headquartered in Israel. At the same time, the exchange itself operates all over the world. During its operation, the exchange has proved to its users its convenience and customer focus.

It is impossible to store cryptocurrency on this resource. All funds are immediately sent to the client's wallet address.

Coinmama offers you a range of large tradable coins for buying and / or selling, 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 purchase coins for fiat currencies (dollars and euros).

There are several commissions on the exchange. The very first is 5.5%, it is already included in the price that the investor sees. When using a credit or debit card, processing fees are also charged. It is 5%. Also, commissions can be charged by the card issuing bank.

The platform is accessed online (it does not have a mobile app at the moment).

Coinmama is not an exchange in the usual sense of the word. Unlike standard crypto exchanges, you can only buy currency here. The lack of a built-in wallet means that all assets you purchased must be immediately transferred to the address you provided. But, on the other hand, it makes the project more secure, since this fact eliminates the risk of losing funds in the event of a hacker break-in.

Hitbtc

Founded in 2013, the Hitbtc platform currently offers a resource for the exchange of cutting edge technology (with an API to enable trading robots). Plus, it allows you to trade over 500 digital assets and the world's most quoted cryptocurrencies (over 800 compatible pairs).

This platform also offers corporate accounts as well as various security systems, ensuring the highest level of protection for your funds.

The site is included in the top 30 cryptocurrency exchanges, remaining quite competitive. The project was able to achieve such results thanks to the provision of a large number of currency pairs and good functionality. The service provides high-quality trading tools that are presented in a convenient format and are suitable for both novice traders and professionals.

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

Paxful

The Paxful platform allows you to exchange fiat money for digital assets in Peer-to-Peer mode and earn money by connecting an automatic payment service and attracting referrals.

Paxful cryptocurrency exchange was founded in 2014. Today, the site allows you to use 400 ways to exchange digital assets for fiat and works with almost all national currencies.

The platform provides an opportunity to buy or sell Bitcoin cryptocurrency (BTC). You can withdraw funds received to a bank account in any country; through the transfer of cash; electronic money; by way exchange for gift cards iTunes, Amazon; exchange for many other cryptocurrencies; pay for purchases in stores (the last option is still in development).

It now has almost 5 million users and has developed a programme targeting bitcoin providers. Paxful offers significant advantages in such a competitive market, and both buyers and sellers can negotiate on fair terms.

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

Define your goals when investing in cryptocurrency, and based on the required tools and functions, choose the resource that is right for you.

We wish you good luck in the crypto market!

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
Payguru