Best Cryptocurrency Exchanges & How to Buy Cryptocurrency

peterclinton2445 · June 6, 2018

1) Transaction Floor Binance

link registry binance: binance.com

Binance is an international, multi-language cryptocurrency exchange. The service raised 15 million dollars in a July 2017 Initial Coin Offering for its ERC20 BNB token. CEO Changpeng Zhao had previously founded Fusion Systems in 2005 in Shanghai; the company built high-frequency trading systems for brokers. In 2013 he joined Blockchain.info as the third member of the cryptocurrency wallet’s team. He also worked at OKCoin as CTO for less than a year, a platform for spot trading between fiat and digital assets. The other founder, Yi He, had also worked at OKCoin as head of branding and marketing head of the virtual currency exchange OKCoin; she had also worked at Yixia Tech

Users on the Binance Exchange can receive a 50% discount on trading fees by paying with the BNB token. Since the Binance ICO, a number of new exchanges have adopted the ICO model, issuing their own tokens

As of January 2018 it was largest crypto-exchange with a BNB market capitalization of $1.3 billion

2) Transaction Floor: Cex.io

link registry cex: CEX.IO

CEX.IO start the d business in 2013 as a provider of cloud mining services. However, the company has gradually evolved over the years into a multi-functional cryptocurrency exchange. In addition to its cryptocurrency exchange business, CEX.IO also provides trading of cryptocurrencies on its web trading portal, via mobile apps and also using API applications.

Trading on CEX.IO is usually between ETH, DASH, Ripple (XRP), Bitcoin Gold (BTG), ZEC, Bitcoin Cash (BCH) and BTC on one side, and several fiat currencies on the other side. The fiat currencies are US Dollar, Euro, Ruble, British Pounds, etc. So the cryptocurrencies that can be bought or sold are Bitcoin and Ethereum. For those who engage in online trading of these 2 cryptos on Cex.io, they have to trade the various pairings between Bitcoin and fiat currencies, or Ethereum and fiat currencies.

3) Transaction Floor: houbi.pro

You can buy and sell more than 190 cryptocurrency pairs across multiple platforms and devices on Huobi.pro

link registry houbi: houbi.pro

In 2013, the Huobi Group designed a digital currency exchange that now allows its users to trade more than 190 cryptocurrency pairs. Features of Huobi.pro include the ability to deposit and exchange dozens of different currencies, 0.2% trading fees and 24/7 customer service.

4) Transaction Floor: Cryptopia.co.nz

What are the benefits of the Cryptopia bitcoin exchange?

Cryptopia is a combined cryptocurrency exchange, trading platform and marketplace run out of New Zealand. It’s designed to facilitate the buying, selling and trading of almost anything, using crypto.

If you’re looking to buy or sell cryptocurrency, or buy or sell anything with cryptocurrency, or even trade a brand new altcoin of your own creation, Cryptopia might be the place to be.

link registry cryptopia: Cryptopia.co.nz

Anyone with a verified account can use it, from anywhere in the world. However, the only fiat currency it supports is New Zealand dollars, and you can only make bank transfers from New Zealand bank accounts.

If you want to deposit any fiat currency into the account, you’re going to have to be happy using New Zealand dollars. But if you’re only going to be using cryptocurrencies, then you can use Cryptopia from anywhere in the world without any issues.

5) Transaction Floor: Coinexchange.io

Coinexchange.io is a virtual currency exchange aiming to support as diverse a range of altcoins as possible. Indeed, if you’re not a true crypto currency buff, you’re likely to find dozens altcoins you have never even heard of at coinexchange.io. Obviously, the stated goal of the operation is to provide a safe and secure environment for the trading of these altcoins as well as for the launching of new altcoin-based ICOs

link registry coinexchange: Coinexchange.io

Trading Fees: One of the most important things to consider when choosing an exchange is the amount of fees you will have to pay each time you trade. CoinExchange charge a fixed amount of 0.15% for both buying and selling coins

6) Transaction Floor: Hitbtc.com

HITBTC registerd in the UK in early 2015. The exchange offers USD, EUR, GBP to BTC as well as a collection of the most common crypto to crypto trading pairs. The volume has been steadily rising providing decent liquidity and a narrowing bid ask spread.

Security is good with its two factor authentication and with an unblemished track record.

Link registry Hibtc: Hitbtc.com

Trading fees vary depending on whether the order is executed immediately - i.e. removing liquidity or adding liquidity - if a trade is executed immediately then the fee is 0.1% and if placed on the orderbook they receive a rebate.

Deposits and withdrawals are subject to the usual laborious KYC and AML hoops to jump through - proof of identity etc. Rates for deposits charged by the exchange are o% for SEPA Euro transfers, 9 USD for Wire Transfers, and £5 for UK bank transfers. Withdrawal fees are similar except the SEPA surcharge is a flat rate of 0.9 EUR.

7) Transaction Floor: yobit.net

Trading is surprisingly easily when it comes to Yobit, even the inexperienced can easily know their way through the website. All you need to do is select which currency you want to trade with (which is located on the left-hand side of the screen) and put on a buy or sell order for it. The minimum transaction would be at 0.00010000 in all currencies and the transaction fee would be 0.2% for both buying and selling.

Link registry yobit: yobit.net

In addition, a live chat section is available for users to use. This comes quite in handy if you want to know about the latest coin gossip or just want to know which coin is hot on that day.

8) Transaction Floor: IDAX.mn

IDAX has originated from GBC(Global Blockchain Research Center), an international blockchain research center. IDAX is GBC’s global digital assets service platform that is designed for blockchain exchange research.

Link registry IDAX: IDAX.mn

GBC has a high-tech industrial complex in Ulaanbaatar, Mongolia and this is where IDAXoperates from. The industrial complex has 22,000 M2 work space and 50,000 M2 designated mining facility area. In addition, one of their mining facility has the potential to be expanded to 250,000 at any given time, which means that they will be able to store and operate another 200,000 mining equipment.

Best Cryptocurrency Exchanges & How to Buy Cryptocurrency

NikitaM · June 23, 2018

Thanks for your great thread here. Glad to read about different cryptos and price as well. But for me, I use an app to get the updated prices via email notification or SMS. For more detail click here.