Cryptocurrencies do not only provide the fastest way to transfer money, but also a new entity to trade with and to earn money apart from stocks and other commodities. While you can directly sell and buy Bitcoin, you can also use Bitcoin trading exchanges to continue your trades in cryptocurrency. There are a lot of exchanges where trading Bitcoin is safe and secured and which offer their customers many extended services. Being a cryptocurrency trading platforms investor or trader, you can choose any of the exchanges for your comfort. It is however recommended to sneak peek into the reviews of some before opting out the one. Below is a brief review of top Bitcoin exchanges around the world.
Coinbase: It is probably one of the most reputed and largest Bitcoin trading exchanges with dual facility trading directly and through the wallet. Coinbase was founded in the year 2012 as through venture finding of Y-Combinator and since then it has rapidly grown. It offers a wide range of services like multiple options to deposit and withdraw cash, instant money transfers between Coinbase accounts, multiple signature options for more secure transfers between wallets, Bitcoin deposits insured for any loss etc. Coinbase has a wide variety of payment partners in Europe and the US, who seamlessly allow the transactions to be carried on through them. It has relatively low transactions fees and offers trading options not only for Bitcoin but also for a long list of altcoins.
CEX.IO: One of the oldest and reputed exchanges which was started in 2013 in London as a Bitcoin trading exchange and also as a cloud mining facilitator. Later, its mining power grew such enormously that it held nearly half of the network mining capacities; however, it has now been closed. CEX.IO allows customers to expand to the much larger amount of Bitcoin trades, and it has the facility to make available the Bitcoin at requested price instantly. However, the exchange charges a relatively high fee, which is compensated for the security and facilities of allowing multi-currency transaction (dollar, euro, and ruble) to buy Bitcoin.
Biaffine: It is one of the most advanced trading exchanges and is particularly addressed at experienced crypto-currency traders. With high liquidity for both Ethereum and Bitcoin, this exchange offers a wide range of options like leveraging, margin funding and multiple order trading. Apart from this, Biaffine offers customizable GUI, many orders types, like limit, stop, trailing stop, market etc. This platform also provides about 50 currency trading pairs as well as easy withdrawals for all of them. Biaffine, one of the largest exchanges in terms of trading volume, offers pseudonym for trades and only requires identifications for some of its services. The only drawback with this exchange is that it does not support fiat to buy Bitcoin or any other altcoin.
Bitstamp: It was founded in 2011 and is the oldest crypto exchange that offers Bitcoin and cryptocurrency trades. It is the most respected exchange because despite being the oldest, it has never been under a security threat. Bitstamp currently supports four currencies - Bitcoin, Ethereum, Litecoin and Ripple, and users can trade not only through its website, but also with the app. It offers great support for European users or traders having their account in Euro Banks. The exchange offers an advanced security based on cold storage, which means the coins are stored offline, meaning it is virtually impossible for hackers to access the funds. Finally, its complex user interface suggests it is not suitable for inexperienced users, since it is addressed at professionals. In addition, it offers relatively low transactions fees.