You have probably already read a lot of articles about Bitcoin and started to consider its alternatives — everything can’t be about one cryptocurrency. Well, you are not the only one thinking about it. And some people even moved on to action and created their own digital currencies. Some launch it to earn money and fame, others — to compete with Bitcoin and maybe even beat it, and still others do it just for fun.
Some cryptocurrencies gain popularity all around the world, others remain known and appreciated by a small group of people. And the larger popularity and the number of digital currencies grows, the more exchanges appear. If you have been working with crypto for a long time, then you already have several trustworthy exchange platforms. But what should newcomers do? To help answer this question we decided to put together five best exchanges for cryptocurrency that we tried by ourselves and were satisfied with.
1.Kraken
Launched in 2011, the service is regarded as one of the oldest in the cryptospace. This BTC exchange is the biggest in euro volume and liquidity. It also works in partnership with the first cryptocurrency bank. A wide selection of different fiat and digital coins is offered on the website, with a larger number of pairs available than most similar exchanges. For advanced traders there are such pros as margin trading, OTC, and futures, but the exchange is still quite convenient and accessible even for newcomers. The benefits also include very low charges and a global 24/7 support.
2.Bitbuy.ca
This based in Canada service was created in 2013 and was initially called InstaBT. The platform’s main goal is to ensure comfortable, trustworthy and safe access to cryptocurrencies. Great support team, simplicity of use and short transaction time are essential elements of the exchange. It is a very good choice for newcomers as well as for old-timers. If your aim is to purchase and hold crypto or to exchange your fiat for digital money simply and rapidly you have come to the right place.
3.Quicke.io
This is probably one of the most convenient and user-friendly exchange platforms in this top list. It allows its users to check up the market value of cryptocurrency pairs and, of course, to conduct the exchanges. Perfect for beginners, the service allows to complete a transaction in just three simple steps. One of the main advantages of Quickex is its perfect security: you don’t have to pass registration to start work with it. The service supports a huge variety of coin pairs and doesn’t levy additional charges. Its another distinctive feature is quick transaction time, which is usually about 5 to 10 minutes.
4.Xcoins
Created in 2016, this leading european crypto exchange has already earned its large loyal customer worldwide base. Xcoins is available in more than 167 countries and it enables 24/7 support. If you are trying to find fast, safe and convenient crypto exchange, this one is a very good option for you, no matter if you are a beginner in crypto or a crusty old trader. Processes of registration and verification are very quick and easy, fees are low, and the only flaw is that the variety of accessible coin pairs is not very large.
5.Bitstamp
Created in 2011, the service bases in EU and is known as one of the oldest BTC exchanges and trusted as a secure service across the BTC community. Bitstamp works worldwide and offers to its users 24/7 support and a multilingual interface. But it has a number of significant cons, such as limited ways to pay, high deposit charges and the fact that Bitstamp is not very beginner-friendly.