By Cryptocurrency Exchange or Digital Currency Exchange is a small business that involves the exchange of cryptocurrency with other assets such as for example money or any other digital currency. It is a website service that delivers electronic transactions in electronic forms and taking fees for them.
Any transactions or operations to Digital Currency Exchange can be made through debit and credit cards, postal money order or any other types of money transfer. This informative article is all about discussing the various cryptocurrency exchanges which facilitate crypto currency trading for newbies and what they give with regards to availability, simplicity, security, deposit/withdrawal methods and fees. We hope this guide to cryptocurrency trading will help you get started with cryptocurrency exchanges.
Coinbase/GDAX
Coinbase is one of many biggest cryptocurrency exchanges located in San Francisco, California. It will come in 32 countries and currently serves over 10 million customers. Launched in 2012, it posseses an easy to use interface which makes Digital Currency Exchange a simple task for a non-technical person. It is also designed for both iOS and Android. Unfortunately, Coinbase doesn’t provide crypto currency mining for newbies and is just an exchange.
As of now, it includes four coins, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It exchanges digital currency with US dollars, Euros and Great British Pounds. With minimum transfer fees, Coinbase has never experienced any security breach which makes it a great platform for digital currency exchange. In addition to that, Coinbase also provides a fully-fledged advanced exchange called GDAX. It includes more complex features and different and better trading fees than Coinbase.
Bitstamp
Bitstamp is another platform that delivers digital currency exchange. It is relatively easy to use and offers more complex features via TradeView. Bitstamp offers coins such as for example Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It exchanges digital currency with US dollars and Euro. You can put into practice all the newest crypto currency trading techniques in this exchange.
It includes Flat deposits via bank transfers and supports debit/credit cards. Perhaps the only drawback you can find in Bitstamp is slightly high fees and the truth that it suffered one security breach in 7 years of its operation. Nonetheless, it’s one the absolute most reliable exchanges. It will come in both iOS and android.
Gemini
Gemini is a UK based company launched in 2015 by Winklevoss twins. It will come in few countries including U.S, Canada, Hong-Kong, Singapore and South Korea. non fungible tokens for sale Among the downsides to this platform is that it is not particularly user friendly. So, beginners aren’t recommended to use this platform.
It includes 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 security breach thus rendering it one of the very most secure and reliable digital currency platform. However, it is important to possess digital currency investment strategies before you begin trading.
Digital Ticks
Digital ticks is a contemporary crypto exchange that aims to be always a game changer in this sector. They’ve implemented lots of the latest techniques which makes it easy for anyone to get started with trading.
It includes a unique feature called a Single Portfolio View that could enable the traders to see most of the holding positions on a single portfolio. It could be easy for traders to produce informed decisions regarding the cryptocurrency exchange by using this unique feature. Additionally, it supports Bitcoin, Ethereum, Litecoin and Dashcoin.