Best Cryptocurrency Exchanges in the Market
We are currently in the middle of the crypto revolution. The cryptocurrency movement has evolved from the experimental stages and has now entered the mainstream. You can’t go anywhere without hearing somebody talk about an investment they just made involving Crypto. In this article we are going to talk about some of the most popular cryptocurrency exchange platforms that make it possible for you to trade.
Binance
Binance is one of the most popular exchanges in the industry right now. The Hong Kong-based company raised about $15 million in an ICO on July (2017) and it doesn’t look like they are slowing down any time soon. Binance's tariff structure is unique. For starters, they have a 0.1% standard trading rate, which is already quite lower than other parties. If you pay using your own token (BNB), you currently receive a 50% discount on the negotiation rate, which drops to 0.05%. With this discount, Binance easily has the lowest rates in the industry.
Cryptopia
Cryptopia was founded in 2014, with the goal of being a comprehensive exchange that focuses on the user experience, with the integration of additional services, including a market and a wallet. Cryptopia admits a ridiculously large number of cryptocurrencies: more than 400 to date, with more being added all the time. The trading rate is also a low 0.20% per transaction, which compares favorably with many competitors.
Coinbase
This is an exchange site based in the USA which was founded in 2012 and supports users from more than 32 countries. The firm offers a free mobile wallet, offline storage and insurance protection for the currency stored in their servers. The Coinbase exchange has a flat rate of 1% for each purchase, while cryptocurrency deposits and withdrawals are made without any fees.
Bittrex
Bittrex is a regulated stock exchange based in the USA which offers the trading of many established cryptocurrencies and tokens, as well as emerging currencies. In fact, they admit more than 190 cryptocurrencies to date. They offer quick transactions and great stability, many experienced investors frequent this exchange.
Kraken
Kraken, based in San Francisco, California, claims to be the largest Bitcoin exchange in terms of volume and liquidity in euros. Kraken's fees are among the lowest of all major bitcoin exchanges. The fees you pay depend on the level of your account: the higher the level, the higher the volume you can exchange. Also, Kraken is one of the original crypto exchanges… and I think oldest exchange still in business.
Bistamp
Bistamp is the largest European Exchange. It is currently based in Luxembourg, although it has offices Slovenia and the United Kingdom. It has very good reputation among users, since it has the backing of the investment firm Pantera Capital. It complies with the KYC protocol, especially those issued by the UK, so that operations are not anonymous, avoiding any type of money laundering.
BTC-e
BTC-e is another European trading platform widely used. It does not require any kind of identity document to open an account, so you can operate with complete anonymity. BTC-e is one of the first that opened in Europe, operates since 2011, is managed in a very professional and has not suffered any major problem that is security or otherwise.
Kucoin
Kucoin is one of the newest crypto exchanges on the list. Kucoin has experienced a widespread popularity in recent years and it is growing fast. It was founded by a number pioneers in the Blockchain movement. Recently Kucoin started an app for Android and IOS positioning themselves as the exchange to beat for 2018.
With more than 1,400 cryptocurrencies available, it is important to determine which currencies you want to exchange and then compare the type of admitted transaction that occurs at each exchange site. Meaning that you have to make the smart decision of choosing the best exchange that meets all of your needs.
For more, see:
● Where to Start a Cryptocurrency Exchange – Crypto Friendly Countries
● How to Build an International Cryptocurrency Exchange
● Banking for a Cryptocurrency Exchange
I hope you’ve found this article on Cryptocurrency exchanges around the world to be helpful. For more information, or for assistance in starting a business offshore, please contact us at [email protected] or visit our website www.masterdax.com.