There are many exchanges to choose from, today we will talk about the ones that i've used and my opinion about them. They are: Coinbase, Binance, Bittrex, Kraken, Kucoin and Poloniex.
Coinbase
Definitely a reference, with its APP being at the top of the android stores and ios for several weeks. Used by millions of users globally is one of the best secure and most reputed exchanges. It also has the GDAX platform for trading, where buying and selling commissions are much lower than buying directly from Coinbase.
Strengths:
Intuitive and easy
Reputation
Security (has insurance)
Liquidity
Negative points:
Limited number of cryptocurrencies
Binance
Exploded in the number of users. It has dozens of cryptos, and have its own crypto (BNB - which is quite interesting), also has a series of contests that rewards users and we can even vote monthly in a cryptocurrency we would like to see listed. And if you refer users you receive part of the commissions paid by them, this being one of the reasons for its exponential growth.
Strengths:
Dozens of cryptos
Intuitive and easy
Low commissions
Reference program, listen to the community
Liquidity
Negative points:
Only cryptocurrencies, does not support dollars or euros, meaning you have to buy a crypto on another platform and transfer there.
Kucoin
It is a growing platform, has many cryptos and has some more exotic (which led me to sign up on this exchange), hard to find in others exchanges. It also has its own cryptocurrency (in which it distributes part of its commissions by the holders of its cryptocurrency (KCS)).
Strengths:
More exotic cryptos
Intuitive and easy
Negative Points:
Only cryptocurrencies, does not support dollars or euros, meaning you have to buy a crypto on another platform and transfer there.
Bittrex
It is an interesting exchange and also the biggest and best known, it also has an interesting range of cryptos.
Strengths:
Dozens of cryptos
Intuitive and easy
Liquidity
Negative Points:
Transactional commissions are high
Kraken
It is also one of the largest and best known platforms. Account to date with 17 cryptos. It has suffered many falls in service, which can be frustrating.
Strengths:
Liquidity
Negative Points
Service falls
Unintuitive
Poloniex
It is also one of the largest and best known platforms. It has an interesting number of cryptos, an intuitive and easy to use system.
Strengths:
Liquidity
Interesting number of cryptos
intuitive and easy
Negative Points:
Only cryptocurrencies, does not support dollars or euros, meaning you have to buy a crypto on another platform and transfer there.
Coss.io
Still testing, also counts with its own crypto.
Conclusion
For me we have two clear winners that are Coinbase and Binance! For various reasons, they are fast platforms, one lets me deposit fiat and has insurance, another has dozens of cryptos, very low commissions as well as a very good platform. I am also enjoying the experience at Kucoin being the smallest of all (Except for Coss.io), which I only started to use now), I'm also predicting a rapid growth in Kucoin due to its quantity of cryptos (many only found here, comparing the exchanges referred on this article) and their ease of use.
Good gains,
lcrypto
Donations
👍 ETH: 0x48a099a6D517043Cb21EB4e53b41c1F9D6FAe48C
👍 BTC: 1F9fX33QwCaWiCdMJNiskKLfjfj8KgxPnU
👍 LTC: LXMT1pGfioHUQpRfjjpQT5nk1PA4ex8jkg
👍 DOGE: D8D1LoLQagyUToTvLZzjas2aDzY7uLr184
👍 NANO(XRB): xrb_3aas9ewa5wkexzp77we4nydhhtfizx9ksuwe3s4q9cuxmahj3eey5xopzi4n
👍 DASH: Xrs2MmPiPuwfXoZyxiRgwtQD7qnDsmVers
Congratulations @lcrypto! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Award for the number of upvotes
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOP
Congratulations @lcrypto! You received a personal award!
Click here to view your Board
Do not miss the last post from @steemitboard:
Congratulations @lcrypto! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!