As on Mar 18, 11:34 AM UTC, the value of 1 bitcoin is equal to USD 58,015.90
Cryptocurrencies are getting popular like a wildfire because of the support it is getting from giant players like Tesla, MasterCard and many other corporations. Many investors, traders and enthusiasts love cryptocurrencies because of its huge upside potential.
A Cryptocurrency Exchange also known as Digital Currency Exchange works similarly to the Stock market Exchange where investors can buy, sell or hold popular cryptocurrencies like Bitcoin, Litecoin, Ripple, Ethereum, Dogecoin, etc.
The most important and basic features to look for when buying and selling cryptocurrencies via Cryptocurrency Exchanges –
- Security and Privacy
- Quick set up
- Ease of use
- Dedicated support
Here are the Top 5 Cryptocurrency Exchanges to Buy/Sell Bitcoin and other cryptocurrencies
- Coinbase
Coinbase is one of the leading platforms when it comes to trading cryptocurrencies.
The platform has over 43 million users in more than 100 countries
Features
- It has a very clean and simple user interface
- The platform is available for both iOS and android
- The users can trade cryptocurrencies and manage their portfolio in one place
- The users can store their funds in vaults for an extra layer of security
- Vast majority of the digital assets are stored in offline vaults
- Cryptocurrency stored on Coinbase’s servers are covered under insurance
- Binance
Binance is another popular platform in the world of cryptocurrency.
The platform has more than 100 different trading pairs to choose from.
Features
- It is available across several platforms like windows, mac, linux, iOS and android
- Provides a wide range trading tools
- Includes advanced trading charts
- Designed for advanced traders
- Has over 100 trading pairs
- Suitable for traders and investors interested in trading less-known altcoins
- Dedicated 24/7 support
- Bitstamp
Bitstamp is a cloud-based cryptocurrency exchange platform.
It is one of the best crypto exchange which offers analytical tools for professional or new traders.
This platform helps you to buy cryptocurrency using numerous money deposit options, including credit cards.
Features
- Investors can access financial markets using Bitcoin
- The platform constantly audits the balance and history of all accounts
- It is one of the best crypto exchange which provides multi-factor security
- It keeps all funds in cold storage for security
- It offers a variety of contract types
- WazirX
WazirX is another popular cryptocurrency exchange platform based in India.
The platform claims to be the most trusted platform in the country.
Features
- The platform has a very clean and simple user interface
- It is available across several platforms like windows, mac, linux, iOS and android
- Provides its users with peer-to-peer transaction capabilities
- The platform has an advanced KYC system wherein the users identity can verified within a few hours.
- B21 invest
B21 is a relatively new platform.
Unlike the traditional crypto exchange platforms, B21 focuses on beginner investors.
Features
- Easy to use user interface
- Enables the user to deposit funds using card transfer
- Users can deposit as low as USD 25
- Uses can withdraw funds to card or bank account
Disclaimer:
The article is not a solicitation to buy, sell cryptocurrency in any exchanges mentioned in the article. Nunewsindustry, associates and the author do not accept culpability for losses and/or damages arising based on information in this article.