The 6 best exchanges for cryptocurrency trading

The 6 best exchanges for cryptocurrency trading

Cryptocurrency
December 10, 2017 by Diksha Modi
854
Cryptocurrency Exchanges

A question that a lot of people new to cryptocurrencies generally ask is “What are the best places to buy and exchange cryptocurrency?”. Here’s a list of the 6 best cryptocurrency exchanges for buying and trading coins such as Bitcoin, Ether, Litecoin and more. We strongly recommend these 6 exchanges because they’re established and highly secure. In the case of a compromise these exchanges

Coinbase

Coinbase is undoubtedly one of the best places to exchange cryptocurrency. Operating since 2012, the platform has been highly successful. It supports debit and credit card payments as well as wire transfer. The buyer can buy,sell, deposit and withdraw Bitcoin(BTC), Litecoin(LTC) and Ethereum(ETH).

Daily Bitcoin Volume – 56.8k BTC

Trade Pairs Supported

  • LTC/USD
  • ETH/USD
  • BTC/USD
  • ETH/BTC
  • LTC/BTC
  • BTC/EUR
  • LTC/EUR
  • ETH/EUR
  • BTC/GBP

Bittrex

It has a small trading volume but that does not stop the exchange from listing a new cryptocurrency to trade. It is based and fully regulated in USA. Supporting 190+ currencies, the exchange has good security, transparency and multiple coin support.

Daily Bitcoin Volume – 49.8k BTC

Trade Pairs Supported – It supports 270 trade pairs which can be found here

Bitfinex

It was founded in 2012 and is located in Hong Kong.  The platform is easy to use and has clarity. It has the highest daily Bitcoin volume among all the other exchanges. The platform was once hacked and 120,000 units of Bitcoin were stolen, but it emerged as a strong platform after the hack with increased security features

Daily Bitcoin Volume – 437.8k BTC

Trading Pairs Supported

  • MIOTA/USD
  • BTC/USD
  • LTC/USD
  • ETH/USD
  • ETC/USD
  • XMR/USD
  • BTC/EUR
  • ZEC/USD
  • ETH/BTC
  • MIOTA/BTC
  • MIOTA/ETH
  • XMR/BTC
  • ETC/BTC
  • DASH/USD
  • ZEC/BTC
  • RRT/USD
  • DASH/BTC
  • RRT/BTC
  • BCC/BTC

Binance

It is not well known outside China but it will certainly make its way in future. The exchange presently has 0% deposit fees and 0.1% trading fees. It can quickly process large amounts of transactions and has a very high liquidity. 

Daily Bitcoin Volume – 10.9k BTC

Trading Pairs Supported

  • MIOTA/BTC
  • POWR/BTC
  • ETH/BTC
  • MIOTA/ETH
  • POWR/BNB
  • BCD/BTC
  • DGD/BTC
  • MTH/BTC

Poloniex

Founded in 2014, Poloniex is a true cryptocurrency exchange in the sense that no fiat is allowed. Only cryptocurrency can be exchanged for  a cryptocurrency. It has a large variety of token available. One of the best things about this exchange is since it doesn’t allow fiat exchange, one doesn’t need to register with one’s personal information. It is a great advantage for traders with privacy concerns. The exchange has headquarters in Wilmington, Delaware. Sad to say but on 4/3/14 someone stole 12.3% of their Bitcoin. So even Poloniex is  not averse to being hacked.

Daily Bitcoin Volume – 53.8k BTC

Trading Pairs Supported – The exchange supports 97 exchanges which can be found here.

Upbit

This is a Korean exchange which was found on September 27, 2017, after Korea passed China in terms of Bitcoin trading. The exchange is launched by Kakao, Korea’s biggest messaging app developer. The exchange has partnered with Bittrex, another great exchange. The exchange currently supports over 110+ cryptocurrencies.

Daily PIVX trading Volume – 1800 BTC

Trading Pairs Supported – List of supported trade pairs can be found here.

1 Comment

Add a comment

In a hurry?
No problem, let us help you learn more via email.
Join our exclusive list to get the latest cryptocurrency info & blockchain happenings straight to your inbox.
SUBSCRIBE
Don't worry, we don't spam!
close-link