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What is the Best Cryptocurrency Exchange for 2018?

By Jane
Published about 1 year ago

There are many stock cryptocurrency exchanges in the market and knowing what to choose can be an overwhelming and confusing task.

All exchanges are a bit different. So the question of "what is best" is something subjective, depending on their needs and needs.

You have to think first about what you are doing, how you do it and why you do it; from there you can start by reducing the options that best suit your needs.

Location

Firstly you need to consider your location: regulations in different countries can affect the performance of such platforms.

Some exchanges will be available in your country and others might not be available. So it makes no sense to carefully select the exchange, but to find out that it cannot be used where it is. That's why location is one of the first things you have to consider.

 

Payment Method

Next up, you need to consider the type of payment method you will use to make deposits, and also withdraw.

Hence, you should consider the type of payment you use to deposit and withdraw.

As with any good decision, especially when it comes to money, you have to take your time and do not agree. Finding the best payment method and how much you will pay for will save you a lot of money and reduce the chances of a bad decision.

An example is that you can pay for small exchanges or purchases via bank cards or credit cards, and if you do, you will be paid expensive at fairly high rates.

Cryptocurrency Type

Then you should consider the crypto currencies you want to buy. As mentioned above, there are only hundreds of different pieces on the market and it is up to you to carefully consider your options before purchasing.

Bitcoin is by far the most popular and most famous and other currencies to consider include Ethereum, Ripple, Monero and Zcash.

Before you part with your hard-earned fiat currency, it is always desirable to do your research and see what's best for you; it will also help you decide which exchanges you want to use.

Research

Since exchanged cryptocurrency requires liquidity or a certain amount of a particular currency to be able to offer it, it is advisable to ensure that the exchange you choose has enough money in which you want to negotiate.

An example being, if you are going to trade cryptocurrency, you need to ensure that your exchange has an acceptable amount of work 24 hours a day. Similarly, if you plan to buy and retain your property, you should not keep them in your trading portfolio.

Last but not least, you need to provide an independent research of the exchange you want to use. Everything is fine and it is good to look at the website of the fair, but you have to dig a little bit further.

Look for user tips, reviews, and independent reviews of services, benefits, and disadvantages. This will help you complete your decision.

There are many exchange on the market, and what's "best" really depends on what you are looking for. That said, we've put together a list of some of the best SUVs and we have some advantages and disadvantages that will help you improve your search:

 

Coinbase

Coinbase is consider as the best exchange of cryptocurrencies such as Bitcoin, Ethereum and Litecoin. It has its own portfolio that is linked to Android and iOS applications. Some users complained about privacy violations.

Coinbase was established in 2012. The company's headquarters is located in San Francisco, California. This allows users to make repeated purchases invest in different cryptocurrencies. It is one of the most appreciated exchanges of cryptocurrencies in the world.

Bittrex

Bittrex is a regulated stock exchange in Las Vegas, USA. . It offers trading in many cryptocurrencies, tokens and newer coins. Compatible with more than 190 cryptocurrencies. It offers fast tape, high stability and a range of risk management practices.

Kraken

Kraken is one of the best bitcoin / cryptocurrency exchanges. It offers reliability, high security environment, legal compliance, and advanced types of orders, such as stop loss orders. It also offers high liquidity, low rates, quick financing, trading margins, etc. Occasionally has problems with availability. It was founded in 2011. The company's headquarters are located in San Francisco, California.

Kraken is one of the best bitcoin / cryptocurrency exchanges. It offers reliability, high security environment, legal compliance, and advanced types of orders, such as stop loss orders. It also offers high liquidity, low rates, quick financing, trading margins, etc. Occasionally has problems with availability. It was founded in 2011. The company's headquarters are located in San Francisco, California.

BitFinex

BitFinex claims to be the largest and most advanced Bitcoin trading platform. It enables fast transitions between many cryptocurrencies such as Bitcoin, Ethereum, Litecoin, Ethereum Classic, Ripple, Dash, Monero, Iota and Zcash. It offers high security, margin financing, leverage trading and early orders. It also offers Android and iOS apps. He was also hit by hackers. It was founded in 2012. The head office of the company is located in Hong Kong.

Coinmama

CoinMama is easy to navigate and does not need an initial crypt. You can use the usual money to buy a cryptocurrencies. CoinMama covers about 200 countries, more than most other Bitcoin / Cryptocurrency exchanges. It has its headquarters on the Virgin Islands.

LocalBitcoins

LocalBitcoins offers P2P (peer-to-peer) exchange. Allows users to interact and trade among themselves. It offers lower rates. It also offers a resolution system, a qualification system for traders, etc. Allows users to place a quick purchase or quick ad on a trading platform. This is one of the best stock exchanges for trading peer-to-peer.

Gemini

Gemini Exchange Stock Exchange is in New York, USA. It only trades only three currencies: US dollars, Bitcoin and Ethereum. It has low rates. It offers a state-of-the-art, highly secure cold storage system that stores offline information, access control, and multiple authentication.

Bisq

Bisq is a bitcoin / cryptocurrency, private and peer-to-peer decentralized exchange. It’s an open-source cryptocurrency exchange and easy to use.It uses a high encoding level. This allows you to get direct access without registration. Bisq has low rates. It also offers arbitration.

Bitstamp

Bitstamp is a bitcoin / cryptocurrency exchange with a very high volume. It offers a lot of liquidity. It has a very simple interface. The security function has been improved. It was founded in 2011. The company's headquarters are located in Luxembourg. Bitstamp is also known for its exact prices.

You will notice that the already existing analysis is very useful. However, it is advisable to do your research before you start the transaction and evaluate the relevance of the exchange, taking into account your individual needs and characteristics, such as your risk appetite, costs, security, etc.

CEX.IO

CEX.IO offers security, high liquidity and multi-platform trading. It also offers lower rates, margins of operation, almost 100% prolongation of work, and so on. The company's headquarters are located in London in the United Kingdom. A lot of things touched many years ago. There are a large number of audited accounts.