The 6 best exchanges for cryptocurrency trading

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