Bitcoin exchange is an online platform where you can purchase and sell bitcoin at varying prices. One of the most common problems faced by beginners is that they get confused while choosing an online bitcoin exchange. If you want to make money with bitcoin trading, you must use the bitql official site. Some of the top bitcoin exchanges are listed below, and you can pick any one of them.
If we talk about the best overall online cryptocurrency exchange, Binance is irrefutably the best choice. It allows you to trade with over 50 different cryptocurrencies and has an excellent reputation in the market. The trading fees and charges are reasonable, which makes it the most popular exchange. The user interface of the website is simple and user-friendly, so you can use all the features with great comfort. But the customer service of this exchange is not good, which may be a drawback that you have to face.
Another popular and reliable bitcoin exchange is coinbase. If you are new to bitcoins and are purchasing for the first time, it is the perfect platform for you. The simple user interface allows you to purchase and sell bitcoins easily. Moreover, there is a huge variety of altcoins that you can access. If we talk about the fees, it is a bit higher than other exchanges. It was launched in 2012 and had more than 30 million users.
eToro is an online bitcoin exchange that is getting increasingly popular. The user interface is easy to use, and there are several types of cryptocurrencies you can trade. The customer support service is not good, and you may have to pay a bit higher trading fees which are quite frustrating. But if you are looking for an exchange that provides you access to all major cryptocurrencies under the same roof, you go for eToro. Deposits get cleared within a week, so overall it is a good option.
If we talk about customer service and user interface, coinmama is one of the top online bitcoin exchanges. But it has no mobile application, so you won’t be able to use it for buying and selling bitcoins through your mobile phone. It was launched in 2013 and had around 2 million users from 188 different countries.
Bisq is one of the top decentralized bitcoin exchanges which offers a wide range of payment options to users. It has excellent security features and that too at quite low fees and charges. It offers over 120 cryptocurrencies to the users and also allows them to trade in some fiat currencies too. There is no verification process, so you need not provide any personal information like other online exchanges.
It is another excellent crypto exchange with high security and zero commission charges. But it doesn’t offer you anonymity while trading cryptocurrencies which is a massive drawback. It provides the users with security features such as two-factor authentication, which protects your funds from hackers and online attackers.
If you are looking for several trading options on a single platform, a Trade station is the best option for you. It is equipped with incredible education tools and also allows you to become a part of the crypto trader community. It is one of the highly reputed cryptocurrency exchanges but only offers access to 4 cryptocurrencies. The pricing structure is a bit blurry, which is a red sign. It was created in 1982 and is operating in the market for a long time. If you are an advanced crypto trader, it might be an excellent option for you.
If you live in the US, you can trust Gemini with folded eyes. It is the best cryptocurrency exchange for US traders and investors. There are no deposit charges, and the excellent liquidity with a fantastic user interface makes it more convenient to use.
Kraken was launched in 2011 and is a cryptocurrency exchange with over 50 cryptocurrencies, which provides you with a massive range of options. It offers three packages: starter, intermediate, and pro. So, you can choose the one according to your trading experience and knowledge. The starter package will be perfect if you are a beginner.
It is an online bitcoin exchange that offers the best sign-up bonus to users. So, if you want to earn free rewards, you must use crypto.com for trading bitcoins. The customer service is awful, and the users also don’t get to enjoy much privacy.