The fascinating world of cryptocurrency is waiting for you, and yes, you are a bit late. So without further ado, let’s look at the top 5 cryptocurrency exchanges – platforms where you can buy, sell or exchange your fiat money for digital coins or vice versa. There are plenty of similar services online, and to make all the right choices, you have to consider fees, performance, reputation, and what cryptocurrencies they support. Below is our list of top five cryptocurrency exchanges:
Binance, registered in Malta, is one of the rapidly growing exchange platforms that raised 15 million dollars through an ICO in 2017. Since then, it was growing at a fast pace, and today it deservingly earned the privilege to be among the top 10 cryptocurrency exchanges in the world. With more than 190 altcoins listed.
According to users, Binance offers high-speed service and great reliability. It also has very low fees, and since 2018 is considered the biggest exchange in the world.
Coinbase is a secure, San Francisco-based crypto exchange, that has been around since 2012. Naturally, using this platform will allow you to buy and sell cryptocurrencies. Coinbase supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many others. Fiat currency transactions are available in 32 countries, while bitcoin exchange and storage is supported in 190 countries worldwide. The security standard of Coinbase is believed to be very high.
Bittrex is one more US-based cryptocurrency exchange that complies with all US regulations to ensure a high level of safety. In terms of the BTC trading volumes, Bittrex remains one of the biggest exchange platforms in the world that provides access to advanced trading tools with a clean interface and intuitive design. This platform has numerous altcoins available for trading and the overall feeling of the well-developed exchange.
Poloniex has been around since 2014 and is still one of the major cryptocurrency exchanges in the game. It offers to trade more than 100 cryptocurrencies and provides good volumes. In 2017 Poloniex was the best place to trade ETH since it was supporting an independent Ethereum market (after Ethereum hard fork). This exchange handles up to 50K members online with thousands of trades on a daily basis. Trading fees are at 0.2%.
Bitfinex is an exchange mainly for trading Bitcoin. Few other coins are also available, like Ethereum and Litecoin. This platform is known mainly or three distinctive features – Bitcoin to fiat money exchange, good liquidity, and margin trading. Unlike Poloniex or Bittrex, you can trade using USD. Also, if you are turning into a pro-trader, you will be able to use many advanced trading tools.
Sorting through the top five best cryptocurrency exchanges that were mentioned above, you will be able to find exactly what you need, buy cryptocurrency you want to buy, and pay a reasonable fee for it. So the only thing that is left to do is go and try.