5 Best Cryptocurrency Exchanges on the Planet
If you are like most people, you work very hard for your paycheck. Finding ways to invest the money you earn can be a bit easier said than done.
Unless you have been living under a rock for the past few years, you know how incredibly lucrative and popular cryptocurrencies like Bitcoin have become. Before jumping into the world of cryptocurrency investing, checking out websites like Theycallitcrypto is a good idea. The information on these websites will help you figure out how to invest in cryptocurrencies and what needs to be done to make these investments successful.
Only about 8 percent of Americans have invested in this digital currency, which means there is still time to get in on the ground floor. A key component of making money with cryptocurrency investments is finding the right exchanges to use.
The following are some of the best cryptocurrency exchanges on the planet.
1. The Superior Quality of Bittrex
The Las Vegas based cryptocurrency exchange Bittrex is known for providing superior customer service. If you are looking for a well-developed trading platform, then Bittrex is definitely a good option.
This exchange allows you to trade all types of cryptocurrencies like Altcoins and Bitcoin. One of the best features offered by this exchange is the two factor authentication option. With this option, you can easily secure your digital currencies.
Not only are withdrawals free with Bittrex, their trading fees are only .25%.
2. Coinbase is Established
One of the most established and reliable cryptocurrency exchanges in existence is Coinbase. This San Francisco based exchange first opened up in 2012.
For investors who want to trade Bitcoin, Litecoin and Ethereum, Coinbase is an excellent option. Coinbase is one of the first cryptocurrency exchanges that allowed users to buy Bitcoin with their credit card.
Another benefit of using Coinbase is that all of the funds you have stored with them are offline. They also have a low trading fee of $0.25 per transaction.
3. Release the Kraken
While the Kraken cryptocurrency exchange is based in Europe, they have been around since 2011. Not only can you buy and sell Bitcoin on this site, you can also trade between US dollars, British Pounds and Japanese Yen as well.
This cryptocurrency exchange offers unique features like account leveraging and margin trading. They also have other cryptocurrencies you can trade like Dogecoin and Ripple.
The team at Kraken also offers two factor authentication for users. The fees they charge for each trade range from .05% to .75%.
4. Poloniex is a Trusted Name in the Cryptocurrency World
Among the most trusted names in the world of cryptocurrency exchanges is Poloniex. After undergoing an extensive site redesign in 2015, this exchange is now easier to navigate and is filled with a number of unique features. Poloniex was actually one of the first exchanges to support Ethereum.
This exchange has well over 50,000 members and handles thousands of trades each day. One of the best perks offered by Poloniex is their flat trading fee of .2%. The withdrawal fees you pay will be based on the blockchain’s minimum transaction fee.
If you are looking for a trusted exchange that has an easy to use site, then Poloniex may be the right fit.
5. Bitfinex is Extremely Popular
Bitfinex is based in the British Virgin Islands. For years, it has been one of the most well-known cryptocurrency exchanges on the planet. While this exchange focuses mainly on Bitcoin trades, they offer other currencies like Ethereum and Litecoin.
The team at Bitfinex offers great user features like a margin trading exchange and a liquidity provider. They also provide users with the ability to customize the interface and layout of their dashboard.
With a bit of time and research, finding the right cryptocurrency exchange will be easy. In some instances, you may have to try a few exchanges out before you are able to make an educated decision regarding which one to stick with.
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