Blockchain technology has revolutionized our perspective regarding everything around us whether time, money, energy or digital space. This technology has given birth to cryptocurrencies which are the future of currency all across the globe. Cryptocurrency investment is the latest money-making business that even Wall Street people cannot ignore. People generally use cryptocurrency exchanges for buying the currency of their choice but due to hacking incidents and fraudulent activities, it is very difficult to choose an exchange.
We have listed 25 best cryptocurrency exchanges that can be used in 2018 for investing in digital assets. So, without any further delay, let us begin:
Coinbase is a famous exchange where fiat is used for buying Bitcoin, Bitcoin Cash, Litecoin and Ethereum with a debit card. It has a user-friendly interface and acts as an insured wallet for your cryptocurrency investment. 3.75% is the per trade fee.
Visit Exchange: https://www.coinbase.com/
For those who are looking for a broad collection of altcoins for investment, Binance is your exchange. This exchange has a very low per trade fee i.e. 0.05%. You can trade BTC, ETH and LTC for almost any altcoin available on Binance which makes it ideal for buyers and traders of all types whether crypto veterans or novices. Binance also has an exchange app that is perfection design-wise and quite easy to use.
Visit Exchange: https://www.binance.com/en
Coinmama is a highly trusted site that is available in almost every country i.e. it accepts local currency for trading in crypto. You can, however, buy only Bitcoin and Ether on this platform using a credit card as the payment method. The trade fee on this platform is 6% which higher than the majority of the sites.
Visit Exchange: https://www.coinmama.com/
CEX.io is a secure crypto trading exchange with a simple yet modish looking interface. It accepts different currencies such as USD, RUB, EUR and GBP for Bitcoin, Ether, and DASH. You can use a debit card, credit card and even bank transfer for your purchase. The best thing about this platform is its transparency even without signup regarding how much a user will have to pay.
Visit Exchange: https://cex.io/
Bitstamp is one of the veteran cryptocurrency exchanges. It accepts USD and EUR bank transfer and credit/debit card payments. It has BTC, ETH, BCH, LTC, and XRP available for purchase. It has a complicated interface which is not recommended for beginners. It also charges a high amount of fees on small purchases.
Visit Exchange: https://www.bitstamp.net/
Bitfinex is a popular trading exchange with advanced charts and features such as margin funding, exchange trading, and margin trading. Bitfinex has a peer-to-peer financing market integrated with its core which facilitates margin trading by matching borrowers and lenders. This exchange has reasonable fees but its highly advanced and feature-packed interface makes it suitable for experienced traders and a challenge for newcomers. Bitfinex has no fiat support.
Visit Exchange: https://www.bitfinex.com/
eToro was one of the few pioneer contract for difference providers that offered cryptocurrencies on their platform. This platform is perfect for crypto beginners thanks to its easy interface and CFD buying method for crypto. eToro offers BTC, BCH, ETH, ETC, Dash, XRP, XLM, NEO, EOS and ADA. This platform does not let the buyer own the cryptocurrency and it is regulated by FCA and CySEC which makes it quite secure.
Visit Exchange: https://www.etoro.com/en-us/#crypto
Bittrex boasts of a secure platform with high-speed trade execution and reliable digital wallets. It has a trading fee of 0.25%. It lists around 200 cryptocurrencies and it is perfect for conducting high volume trades. Bittrex has stellar customer support both on its platform and social media. Its excruciatingly detailed security steps and procedures make it a secure place for trading.
Visit Exchange: https://bittrex.com/
Kraken is on the 5th position when it comes to the list of leading exchanges. Kraken comes with the cheapest commissions rates, speedy SEPA withdraws and good platform security. Margin trading is supported along with fiat deposits and withdrawal. Kraken has complicated interface which is not favored by beginners while its app has been reported by users for many bugs and errors.
Visit Exchange: https://www.kraken.com/
10. Coinbase Pro (GDAX)
Coinbase Pro, formerly known as GDAX, is the cryptocurrency exchange specifically created for advanced traders. Coinbase Pro has a re-engineered user interface equipped with professional trading specific tools and services. It offers zero percent maker fees and provides insurance protection for all digital assets.
Visit Exchange: https://pro.coinbase.com/
Xcoins is a lending and borrowing service for bitcoin. Traders can use their unique P2P lending model by using the credit card and PayPal. The lenders and borrowers conduct transactions via a series of secure loans. Borrowers can get their investment sum back if they no longer want to keep their bitcoins. Xcoins has easy verification procedure, good authentication method, and effective customer support. There are no other features or currencies on this platform.
Visit Exchange: https://xcoins.io/
Etherdelta is a decentralized exchange for Ethereum aficionados who want to trade ERC20 tokens without centralized services and custodial accounts. There is no requirement of signup, registration or verification whatsoever as every trade is done solely on the basis of contracts. The interface is a bit intimidating which makes it a bit difficult to use and the overall speed of the platform is also painfully slow which can be increased by buying gas. Maker transaction, deposit, and withdrawal are free on this platform but there is a taker fee of 0.3%.
Visit Exchange: https://etherdelta.com/#PPT-ETH
Robinhood is a hybrid exchange and trading application that makes cryptocurrency purchase quite easy. It supports fiat currency and has zero fees for the purchase of Bitcoin and Ether. The app has a user-friendly interface and provides services like Robinhood Instant, Robinhood Gold, margin trading and scheduled deposits, etc. but lacks research reports and analysis tools.
Visit Site: https://robinhood.com/
Poloniex is a secure platform with a huge selection of cryptocurrencies. It supports margin trading along with the traditional crypto-trading options. It does not support fiat currencies; however, any altcoin can be bought using deposited Bitcoins. It offers good liquidity, low fees and an amazing interface for the web and mobile users. Customer support for Poloniex has been criticized severely by users.
Visit Exchange: https://poloniex.com/
Gemini is quite similar to Coinbase when it comes to operability i.e. it also allows its users to deposit and withdraw cash from their bank accounts quite easily. It has enhanced overall security, advanced features and is in compliance with the regulations. Gemini is perfect for those who are interested in large volume trades. It is user-friendly with an intuitive interface and ideal for both expert and beginner level users. Gemini offers limited trading pairs and has support for USD only at the moment.
Visit Exchange: https://gemini.com/
Bitmex is a margin trading exchange for Bitcoin. This platform is suitable for seasoned traders who can trade with significant leverage. Bitmex has a good interface that is not only aesthetically pleasing but also functional for users with market experience. This exchange is fast, secure and reliable with no hack history. It does not support fiat currency.
Visit Exchange: https://www.bitmex.com/
Paxful is a peer-to-peer marketplace for buying cryptocurrency with over 300 different methods of payments such as cash, Paypal, NetTeller, Skrill and even gift cards. Its easy to use interface and 2-factor authentication make it perfect for beginners. This platform is ideal for anonymous purchase but it has relatively higher fees as compared to other platforms.
Visit Exchange: https://paxful.com/
Bisq, acronym for Bitsquare, is a technically advanced and open source desktop application. It is a decentralized peer-to-peer crypto exchange that supports bank transfers, escrow, and other third-party payment methods. Bisq has a maker and taker model for its trading fees with the minimum being 0.0002 BTC. Bisq is super secure as all the data is stored locally. The transaction speed is slower than that of other exchanges as Bisq network uses Tor hidden services for anonymity purposes.
Visit Site: https://bisq.network/
72Option is a CySec regulated binary trading web-based exchange. It uses SpotOption platform in order to provide different trading options to cater to all types of traders. One live account is given per user for trading and discounts are provided to first-time depositors. 72Option has a wide range of resources available on its platform such as live webinars and one-on-one training sessions, etc. for user guidance. It supports bank wire transfer and cards such as VISA, Maestro, Delta, and MasterCard.
Visit Exchange: https://72option.com/
Changelly is a popular exchange for those who are inclined towards instant exchanges. It does not have any wallets so traders simply purchase the coins of their choice and send them to their wallets. It has a simple interface and the most powerful trading robot which is a killer combination for users of both beginner and expert level traders. The transaction fee is 0.5% for crypto-to-crypto trades and tends to go higher when fiat currency or debit/credit cards are used.
Visit Exchange: https://changelly.com/
Bitpanda(Coinimal) is a fully automated exchange with specialty in Bitcoin trading. It supports a wide range of payment methods such as Credit card, Skrill, bank transfer and Neteller, etc. Bitpanda is a 2FA exchange with strict ID verification with no hacking issues in the past. It has buying fee of 1.49% and selling fee of 1.29%. The user interface of this exchange is clean and easy to navigate.
Visit Exchange: https://www.bitpanda.com/en
Luno(Bitx) is a secure crypto exchange that only offer trading of Bitcoin and Ether. It is also a wallet provider and supports fiat currency. The user interface for the web platform and mobile wallet app is well designed and easy to use. Luno offers a variety of features such order book, place order function, charting, and recent trades list, etc.
Visit Exchange: https://www.luno.com/en/exchange
HitBTC is a popular crypto exchange that offers many common crypto trading pairs and 150+ altcoins. The trading fee on HitBTC depends on liquidity of the trade. It has no limit rule on deposit and withdrawal. This exchange is built with powerful REST API, FIX API and advanced matching engine technologies.
Visit Exchange: https://hitbtc.com/
Shapeshift is an instant crypto exchange with a good range of crypto coins. It does not support fiat as its goal is to provide a swift switch between digital assets. Shapeshift has high standards for privacy which is why there is no transparency regarding its working.
Visit Exchange: https://shapeshift.io/#/coins
Kriptomat is a licensed, secure and safe exchange located in Estonia where regulations regarding the crypto space are being implemented via licenses for both exchanges and wallets. It offers support for only Bitcoin and Ether trading. Fee is 1.45% for buying and selling of both these currencies. Kriptomat has an amazing customer support that responds immediately.
Visit Exchange: https://kriptomat.io/en/
With each coming day, the process of investing in cryptocurrency is becoming easier and simpler. Exchanges are focusing on their security and features so that more people can join this financial revolution. The future looks bright for the cryptoverse no matter what the current market trend is. So, start investing today for better future tomorrow.