Best Bitcoin Trading Platforms

Cryptocurrency has not only provided the fastest way to transfer money, but also a new institution to trade and earn money apart from stocks and other commodities. While you can buy and sell Bitcoin directly, you can also use Bitcoin trading exchanges to continue your cryptocurrency trading. There are many exchanges where Bitcoin trading is safe and secure and many extended services help customers. As a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is recommended to look at the reviews of some before giving up on one. Below is a quick overview of the best Bitcoin exchanges in the world.

CoinBase: This is probably one of the most well-known and largest Bitcoin trading exchanges with direct and wallet binary trading. CoinBase was founded in 2012 through the venture founding of Y-Combinator and has grown rapidly since then. It has multiple options for depositing and withdrawing cash, instant money transfers between two CoinBases, wallet capabilities with multiple signature options for safer transfers, Bitcoin deposits are insured against any loss, and more. Europe and the United States, which allow transactions to be carried out through them without hindrance. It has relatively low transaction fees and offers Bitcoin trading as well as a large number of Altcoin trading.

CEX.IO: One of the oldest and well-known exchanges launched in 2013, as a Bitcoin Trading exchange in London and also as a cloud mining assistant. Later, its mining power grew so much that it occupied about half of the network’s mining capacity; but now closed. “CEX.IO” allows customers to expand their Bitcoin trading in larger quantities and it has the ability to provide Bitcoin instantly at the asking price. However, this exchange requires a slightly higher exchange amount, but this is compensated for by the security and possibility of multi-currency transactions (Dollars, Euros and Rubles) for buying Bitcoins.

Bitfinex: This is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as Bitcoin, this exchange has better options like leveraging, margin funding and multiple order trading. In addition, Bitfinex offers customizable GUI features, limit, stop, trailing stop, market, etc. offers many order types such as This exchange also offers around 50 currency pairs that can be traded and easily mined for everyone. One of the largest exchanges by trading volume, Bitfinex offers pseudonyms for auctions and only for some services that require authentication. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.

Bitstamp: Founded in 2011, it is the oldest exchange offering cryptocurrency and Bitcoin trading. The most respected because, despite being the oldest, it has never been in danger of safety and until recently. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin, and Ripple, and in addition to trading from the website, it also has a mobile app. It has excellent support for European users or traders with accounts in Euro Banks. Security is enhanced and is a type of cold storage, meaning coins are stored offline. So you can say that it is completely impossible for any hacker to infiltrate. Finally, the sophisticated user interface suggests that it is not for the novice user, but for professionals, and offers relatively low transaction fees.

Kraken: This is one of the largest Bitcoin trading exchanges in terms of liquidity, Euro cryptocurrency trading volume and Canadian Dollar, USD and Yen trading figures. Kraken is the most respected exchange to handle the confusion of cryptocurrency trading and at the same time has managed to keep client amounts safe regardless of other exchanges being hacked. With 14+ cryptocurrency trading facilities, the user can deposit fiat and cryptocurrency along with the same withdrawal capability. However, it is not suitable for beginners, but it has better security features and lower transaction fees compared to CoinBase. The most important factor for Kraken is its trust in the community and the first time it shows volumes and prices on Bloomberg Terminal.