Anyone wishing to enter into the cryptocurrency market requires the services of a cryptocurrency exchange. After obtaining a wallet, it is often the next item on the agenda.
There are a great number of crypto exchange services on the internet. The focus of this article is to present the top 5 online crypto exchange services where people can exchange their fiat currency for cryptocoins.
- Coinbase
- Gemini
- Kraken
- Coinmama
- Bitstamp
Closing Remarks
Like any other investment class, cryptocurrencies involve a fair bit of risk. Before choosing a crypto exchange platform, it is important to carry out a proper due diligence. A lot of research has to be done before one can comfortably settle for an exchange service. Parameters such as fees, payment methods, and account security features are just some of the key indicators of a reputable cryptocurrency exchange. With proper research and due diligence, the risk of falling victim of exchange fraud is materially diminished.