Crypto starter pack
Slowly and steadily, Bitcoin and altcoins are getting attention from more investors all around the world.And why not?
These cryptocurrencies are time and again proving themselves to be a safe haven against government’s inflationary policies.
That’s why some people are even securing cryptocurrencies as their retirement funds, while some are doing pure speculation with short-term trading (i.e. buy low, sell high).And let’s not forget about those who are just starting off by looking around to find the answer to questions like:
Where do I buy such currencies?
What are the best cryptocurrency exchanges?
But before we talk about the best exchanges out there, I need to tell you that it’s not too late to get invested in cryptocurrencies. At the time of this writing, the Bitcoin and altcoin market is at an all-time high, with a market cap of $166 billion. I believe we will cross the $250 billion mark later this year.So now that you know you should invest, here’s where you need to go to do that.Update: Due to high users demand and to focus on current user base, many exchanges have shut down new registrations. I will update this note when they start accepting new registrations. For now here are some of the top exchanges accepting new registrations:
Binance: They have resumed limited user registrations which will be open for a few hours every day and for the limited number of users. Try your luck!
Bitmex: One of the whales of Cryptocurrency exchange. You can do margin trading, if that’s your thing.
KuCoin: One of the strongest exchange that also offers mobile app (Android and iOS). They have been constantly updating their mobile app to make it one of the best in the industry.
Huobi: Many new cryptos can be found here. Unique approach and something you should signup for in 2018. Offers Exchange specific coin called HT.
YoBit: Low cap coin heaven
Changelly: Instantly convert any cryptocurrency to any of your choices. Great for instant conversion.
Short view
- Binance
Binance is a rapidly growing exchange that concluded its ICO a few months back.
Though it is based out of China, it doesn’t serve its native country but is open to almost all countries around the world.
Since its ICO to till date, it has grown tremendously and is now placed in top 10 cryptocurrency exchanges in the world. It now has more than 140 altcoins listed on it which are only increasing as the days are passing.
Binance being a centralized exchange has taken a unique take to expand its business and also provides a decent discount for day traders if they use BNB coins. BNB is Binance Coin which is the native currency of this platform.
Bitmex
Binance is a rapidly growing exchange that concluded its ICO a few months back.
BitMex is high volume crypto exchange created by a talented team of economists, high-frequency traders and web developers for the crypto community.
Here you will never find any issues regarding the liquidity of your cryptocurrencies.
The primary currency traded on this exchange is Bitcoin and its future contracts.
Apart from Bitcoin contracts, one can also play around with future contracts for altcoins such as Bitcoin Cash, Ethereum, Cardano, Litecoin, Ripple.
The registration process on BitMex is quite simple where you just need to register through your email ID
Kucoin
KuCoin is another easy and hassle-free cryptocurrency exchange. KuCoin offers many popular and unique coin such as DragonChain, $KCS, and many others. Just like Binance, they offer a fully functional mobile app for Android and iOS.
To get started with KuCoin, you can deposit any crypto of your choice ex: BTC and start trading. Personally, I have been using KuCoin since last quarter of 2017 and they are getting popular day by day.