Best Cryptocurrency Exchanges to Buy and Sell Bitcoins

in #cryptocurrency7 years ago

Choosing the Best Cryptocurrency Exchange..

A #Cryptocurrency is a digital asset designed to work as a medium of exchange using cryptography to secure the transactions and to control the creation of additional units of the currency. ... Bitcoin was the first decentralized #Cryptocurrency.


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1. COINBASE

#Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
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2.LOCAL BIT COINS

#LocalBitcoins is a bitcoin startup company based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins. Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins. Other users reply to these advertisements and agree to meet the person to buy bitcoins with cash or pay with online banking. #LocalBitcoins has a reputation and feedback mechanism for users and an escrow and conflict-resolution service. As of December 2013, LocalBitcoins has around 110,000 active traders with a trade volume of 1400–3000 bitcoins per day.

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3.BITTREX

#Bittrex is the next generation crypto trading platform created by security professionals. #Bittrex are crypto-coin enthusiasts bringing more than 50 years of combined security and development experience to the trading community from companies, including Microsoft, Amazon, Qualys, and BlackBerry.
Given the recent security breaches and reliability issues experienced by other markets, #Bittrex felt the community deserved better. If virtual currencies are to truly take off, trustworthy infrastructure is a prerequisite.

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4.KRAKEN

#Kraken is a US based prominent bitcoin exchange operating in Canada, the EU, Japan, and the US, and The world's largest bitcoin exchange in euro volume and liquidity.
The #Kraken is considered as the most reputable cryptocurrency exchanges and also considered as the most secure crypto currency exchanges to this date but you need to complete the two steps of the verification process.

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5. BITSTAMP

#Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits and withdrawals.
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6. CEX.IO

#CEX.IO is a cryptocurrency exchange and former Bitcoin cloud mining provider. As an online digital currency exchanger, #CEX.IO offers trading cryptocurrency for fiat money, such as USD, EUR, GBP and RUB.
As with most other centralized exchanges, #CEX.IO requires its clients’ personal data in order to trade Bitcoin freely.Like with VirWoX, there is a distinct difference between “maker” and “taker” users. While no fee is required of “maker” users, “taker” users have to pay a varying percentage fee it has no certain trading volume set.

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Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.bittrex.com/Home/About

Great list of cryptocurrency exchanges comparison apart from those mentioned above (with fees comparison): http://list.wiki/Cryptocurrency_Exchanges