The crytocurrency industry has opened up a new medium for investors to to multiply there resources in different ways. One of those ways involve the trading of the digital asset. To effectively carry these trades and transaction, it is imperative that we use the top reliable crytocurrency exchange.
Everyone make use of crytocurrency for a different reasons, but the last thing you would want is to lose your hard earned money to a scam crytocurrency exchange. In some cases, the site may not be a scam site but has a very low security level, which can or has already led to it being hacked.
It is for this reason that we will be highlighting the top reliable crytocurrency exchange were you can carry out your trades and transactions without fear of lose.
Types of exchanges – Top Reliable Cryptocurrency Exchange
1) Trading Platforms
These are platforms that connect buyers and sellers and take a fee from each transaction. Most of the exchanges list in this article fall under this category.
2) Direct Trading
These platforms offer direct person to person trading where individuals from different countries can exchange currency. Direct trading exchanges don’t have a fixed market price for assets sold, instead, each seller can set their own exchange rate. Depending on the platform terms of operation a fee will be charged.
3) Broker Platforms
These are websites that anyone can visit to buy cryptocurrencies at a price set by the broker. Cryptocurrency brokers are similar to foreign exchange dealers.
Top Reliable Cryptocurrency Exchange
Consider reading How to Create Cryptocurrency Exchange
1)Coinbase Pro – Top Reliable Cryptocurrency Exchange
Fees : Free
This is an amazing platform. With Coinbase Pro, you can buy bitcoin, litecoin and ether and bitcoincash for no fees. Coinbase is the parent body of Coinbase pro. To use coinbasep pro, you to open a Coinbase account.
The interface can be quite complicated at first, but once tou master it, it will be a breeze. If you plan on buying a lot of crypto and trading them for profit then you have found the right platform. If you wish to withdraw tour digital assets to GDAX, then you are in luck because your withdrawal fees will be covered.
2)Luno -Top Reliable Cryptocurrency Exchange
Fees : 0.25%
Luno is a global exchange that supports Europe and other countries like South Africa, Nigeria, Malaysia and Indonesia. Europeans can buy via SEPA transfer. Users from the other countries listed can buy using local bank transfer.
I have used luno alot of times and they are reliable. The simple and sleel user interface is just perfect. The website is very easy to navigate which gives tou an easy trading experience. You can make deposits and buy cryptocurrencies directly from your bank account with a few easy steps.
3)Bitpanda -Top Reliable Cryptocurrency Exchange
Fees : 3.98% (Purchase fee)
Bitpanda is an European based exchange . This exchange that sells Bitcoin, BCash, Dash, Ethereum, Litecoin, IOTA, Komodo, Ripple, and more. It also supports the following fiat currencies; US Dollars, Euros, British Pounds, and Swiss Francs.
The exchange has several payment methods such as bank transfers, credit cards, debit cards, Skrill e.t.c .
Whit Bitpanda, users do not pay blockchain fees for sending cryptocurrency between accounts on the exchange. As for the user interface, Bitpanda as a simple interace this will enable you to navigate the exchange easily.
You will like to know how to get free Bitcoin Online now
4)Bitstamp -Top Reliable Cryptocurrency Exchange
Fees : 0.25% (Purchase fee)
unded in 2011, this Luxembourg based company is a cryptocurrency exchange popular for it’s very high trading volume which gives you more liquidity. The user interface is also very user friendly which makes it easy to carry out trades.
They have a wide variety of trading pairs and cryptocurrencies available such as Bitcoin, Ripple, Litecoin, Ethereum and more. Although it is based in Europe, users from the United States and other countries can send international transfers for a very low fee.
5) -Top Reliable Cryptocurrency Exchange
Fees : 1%
Gemini is an exchange that offers high security to your digital assets. Looking for an exchange that offers the best cold storage system? You should check Gemini out. T system stores information offline, access controls, and provides multi-factor authentication.
This New York based exchange Gemini Exchange is realy one that offers an enjoyable user experience. It only trades three currencies: US dollars, Bitcoin and Ethereum.
The exchange recently added support for more cryptocurrencies such as Zcash. This was a huge addition as Zcash is a privacy-focused currency and very few exchanges allow direct purchases of privacy cryptocurrency
6)Binance -Top Reliable Cryptocurrency Exchange
Fees : Low
Binance is an exchange that is keen on security it’s users funds. Recently, Binance has introduced SAFU (Secure Asset Fund for Users), that takes 10% of all trading fees the exchanges earns, to give back to the users in the event of a hack.
Binance is one of the newer exchanges but has made a mark in the crytocurrency market. Binance is reguarded as the largest cryptocurrency exchange because it holds the highest volume of digital assets. They have some of the highest trading volumes on several of their trading pairs, and an enormous amount of coins available for purchase.
The Binance exchange features their own coin, Binance Coin, that allows users to save big on trading fees. It is available to all countries and US states. Trading is also possible with the binance mobile application.
7)Kucoin -Top Reliable Cryptocurrency Exchange
Fees : 0.1%
This is also a relatively new cryptocurrency exchange based in Korea, that has a wide variety of cryptocurrencies for sale. It has its own token similar to Binance known as Kucoin shares, that award its holders a percentage of the exchanges total trading fees. Kucoin has many altcoins listed on the exchange that are exclusive or on a small amount of exchanges.
8) CoinMama -Top Reliable Cryptocurrency Exchange
CoinMama is a Bitcoin broker. This exchange offers easy ways to buy bitcoins with credit cards or cash deposits via MoneyGram and Western Union. CoinMama uses Simplex, a credit processor that allows you to buy up to $5,000 in one purchase. CoinMama also has relatively high exchange rates due to chargeback issues, and it offers credit and debit cards as payment methods.
9)Kraken -Top Reliable Cryptocurrency Exchange
Fees : Low
Kraken is an highly respected and reliable cryptocurrency exchange with low transaction fee. This platform q created in 2011. Kraken is consistently rated as a top Bitcoin exchange by different news outlets.
This exchange is the first Bitcoin Terminal to be listed on the Bloomberg Terminal. Kraken is pretty similar to Bitstamp in its pros and cons. The two are almost identical when it comes to deciding which to use.
10)Bittrex -Top Reliable Cryptocurrency Exchange
Fees : high
This cryptocurrency exchange that offers a large altcoin selection with up to 230+ options to choose from. Bittrex is currently one of the leading reliable cryptocurrency exchange.
Its reputation is built upon a smooth user experience combined with unparalleled security. The interface is simple to understand, allowing users to easily expand their portfolios with access to over 250 coins. With these attributes, t site is sure to give you the intimate trading experience.
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