Cryptocurrency has not only provided the fastest way to transfer money, but also a new entity to trade and earn money on top of stocks and other commodities. While you can sell and buy Bitcoin directly, you can also use Bitcoin trading exchanges to continue your cryptocurrency transactions. There are many exchanges where Bitcoin trading is safe and also facilitated for clients with many extended services. Being a cryptocurrency investor or trader, you can choose any of the exchanges for your convenience. However, it is recommended to take a look at the reviews of a few before opting for one. Below is a brief overview of the top Bitcoin exchanges around the world.

CoinBase – Probably one of the largest and most reputable Bitcoin trading exchanges, double-facing trading directly and through the wallet. CoinBase was founded in 2012 through Y-Combinator’s company search and has grown rapidly ever since. It has many lucrative services like multiple options to deposit and withdraw cash, money transfers between two CoinBases are instant, Wallet facilities with multiple signature options for safer transfers, Bitcoin deposits are insured against any loss, etc. CoinBase has a wide variety of payment partners from Europe and the US, which allow transactions to go through them seamlessly. It has relatively low transaction fees and offers Bitcoin trading along with a large amount of Altcoin trading as well.

CEX.IO – One of the oldest and most reputed exchanges that was started in 2013, London as a Bitcoin trading exchange and also a cloud mining facilitator. Subsequently, its mining power grew so enormously that it occupied almost half of the mining capacities of the network; however, it has now been closed. “CEX.IO” allows clients to expand to a much larger number of Bitcoin exchanges, and has the facility to make Bitcoin available at the requested price instantly. However, for this exchange they charge a bit of a high exchange fee, but this is offset by the security and ease of allowing transactions in multiple currencies (dollar, euro and ruble) to buy Bitcoin.

Bitfinex – is one of the most advanced trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for both Ethereum and Bitcoin, this exchange has better options like leverage, margin funding, and multi-order trading. Apart from this, Bitfinex offers the features of a customizable GUI, many order types such as limit, stop, trailing stop, market, etc. This exchange also provides around 50 currency pairs that can be traded and with easy withdrawals for everyone. One of the largest exchanges in terms of traded volume Bitfinex offers pseudonym for exchanges and only for some of the services requires IDs. The only drawback of this exchange is that it does not support the purchase of Bitcoin or any other altcoin through fiat transactions.

Bitstamp – Founded in 2011, it is the oldest of the exchanges offering cryptocurrency and Bitcoin exchanges. The most respected because despite being the oldest it has never been under a security threat and until recently. Bitstamp currently supports four currencies Bitcoin, Ethereum, Litecoin and Ripple and is also available with the mobile app in addition to the website for trading. It has lovely support for European users or traders who have their account at Euro Banks. The security is advanced and of the cold storage type, which means that the coins are stored offline, so it can be said that no hacker can infiltrate. Lastly, its complex user interface suggests that it is not for the novice user but for professionals and offers relatively low transaction fees.

Kraken – It is one of the largest Bitcoin trading exchanges in terms of liquidity, crypto trading volumes in euros, and trading figures for Canadian dollars, US dollars, and yen. Kraken is the most respected exchange run through the turmoil of cryptocurrency exchanges and has managed to keep client amounts safe regardless of the other exchanges being hacked at the same time. With more than 14 cryptocurrency trading facilities, the user can deposit fiat and cryptocurrency along with the similar ability for withdrawals. However, it is not suitable for beginners, but it has better security features and low transaction fees relative to CoinBase. The most important factor for Kraken is that the community trusts it and it has been the first to show the volumes and prices on the Bloomberg Terminal.

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