Cryptocurrency Exchange or Digital Currency Exchange is a company that involves the exchange of cryptocurrency with other assets such as income or any other digital currency. It is a net service that provides electronic transactions in electronic types and taking fees for them.

Any transactions or operations to Digital Currency Exchange can be produced through debit and credit cards, postal money order or any other sorts of cash transfer. This post is about discussing the different cryptocurrency exchanges which facilitate crypto currency trading for newcomers and what they give in terms of availability, ease of use, safety, deposit/withdrawal approaches and charges. We hope this guide to cryptocurrency trading can help you get started with cryptocurrency exchanges.

Coinbase/GDAX

Coinbase is a single of the greatest cryptocurrency exchanges based in San Francisco, California. It is readily available in 32 nations and at the moment serves over 10 million customers. Launched in 2012, it has an uncomplicated to use interface that makes Digital Currency Exchange an simple task for a non-technical person. It is also offered for both iOS and Android. Unfortunately, Coinbase does not offer crypto currency mining for newcomers and is only an exchange.

As of now, it delivers four coins, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It exchanges digital currency with US dollars, Euros and Excellent British Pounds. With minimum transfer costs, Coinbase has by no means experienced any safety breach which tends to make it a best platform for digital currency exchange. In addition to that, Coinbase also offers a totally-fledged advanced exchange called GDAX. It provides far more advanced options and distinctive and superior trading fees than Coinbase.

Bitstamp

Bitstamp is yet another platform that supplies digital currency exchange. It is relatively simple to use and delivers a lot more sophisticated features by means of TradeView. Bitstamp provides coins such as Bitcoin, Litecoin, Ethereum, Bitcoin Money and ripple. It exchanges digital currency with US dollars and Euro. You can place into practice all the most up-to-date crypto currency trading tactics in this exchange.

It presents Flat deposits by means of bank transfers and supports debit/credit cards. Perhaps the only drawback one particular can uncover in Bitstamp is slightly higher charges and the reality that it suffered a single security breach in 7 years of its operation. Nonetheless, it is a single the most reputable exchanges. Ebang EBIT is out there in each iOS and android.

Gemini

Gemini is a UK based company launched in 2015 by Winklevoss twins. It is offered in handful of nations such as U.S, Canada, Hong-Kong, Singapore and South Korea. One particular of the downsides to this platform is that it is not especially user friendly. So, beginners are not recommended to use this platform.

It provides two coins and 1 FLAT currency Bitcoin Cash, Ehtereum and US Dollars. Gemini follows strict protocols when it comes to security and as of 2018, it has not encountered a single safety breach therefore producing it 1 of the most safe and dependable digital currency platform. Having said that, it is crucial to have digital currency investment strategies ahead of you start off trading.

Digital Ticks

Digital ticks is a contemporary crypto exchange that aims to be a game changer in this sector. They have implemented quite a few of the latest methods which makes it effortless for anybody to get began with trading.

It has a exclusive function called a Single Portfolio View that would allow the traders to see all the holding positions on a single single portfolio. It would be easy for traders to make informed decisions regarding the cryptocurrency exchange by utilizing this exceptional function. It also supports Bitcoin, Ethereum, Litecoin and Dashcoin.

Kraken

Kraken is one of the oldest cryptocurreny exchange platform. Launched in 2011, kraken is the most significant exchange in terms of volume and liquidity for EUR trading pairs. It serves worldwide such as the US.

Kraken provides a variety of coins such as Bitcoin Cash, Ethereum, Monero, Augur, Litecoin and numerous far more. It also supports deposit/withdrawals through bank transfers and cryptocurrencies. Possessing a not so friendly user interface, it also suffers from stability and efficiency problems but nonetheless, it is very good platform for cryptocurrency exchanges.

Bitfinex

Bitfinex is the largest cryptocurrency exchange platform. Launched in 2012, it has an simple to use interface and delivers sophisticated number of functions such as margin trading, margin funding and so on. It is offered for both iOS and android platforms. It provides BTC, BCH, ETH, LTC, IOTA, XMR and NEO.

Just like the previous cryptocurrency exchanges, it supports withdrawals working with US dollars and Euros by means of bank transfers. Bitfinex has suffered two security breaches, the initially one was in Might 2015, which resulted in a loss of $330,000. And the second one on August 2016 that resulted in a loss of worth $72 million.