Top 10 Cryptocurrency Exchanges 2017
Here is the list of Top 10 Cryptocurrency Exchanges 2017 according to the number of users, customer reviews, convenient payment/payout options and the security features.
•Coinbase
The customers from the USA, Canada, UK, Europe, Singapore and Australia can easily use their credit cards or bank account to buy the cryptocurrencies. Also, the Coinbase is amongst the biggest exchange amongst all with more than 8.3M customers in 32 countries and $6.0B in digital currency exchanged. Coinbase has their own crypto currency wallet with Android and iOS apps as well.
•CoinMama
Coinmama is the another broker working in the market since 2013. They offer the convenient way to buy Bitcoin with credit cards or cash deposits via MoneyGram and the Western Union money transfer. But the major disadvantage of using Coinmama is the relatively high exchange rates due to chargeback issues.
•CEX.IO
Since 2013 cex.io is operating as a legend in the world of the cryptocurrency. They accept card payments, Bank transfer, and crypto capital. Also, they accept all the major currencies such as USD, EUR and RUB to directly buy cryptocurrencies. Recently, they also declared that they will now offer ETH/USD margin trading.
•Localbitcoins
•Bitstamp
Bitstamp is the oldest Bitcoin exchange out there which is founded in 2011. Since then they have survived to manage the ecosystem without being hacked or shut down. They have low transaction fee as well. The major cons of Bitstamp are they are not suited for beginner and has limited payment options.
•Bittrex
Bittrex, the US-based and regulated exchange that offers to trade many established crypto currencies. Based and fully regulated in the USA, Bittrex is the go-to spot for traders who demand lightning fast trade execution, stable wallets, and industry-best security practices.
•Kraken
Founded in 2011, San Francisco-based Kraken is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. They provide high liquidity with low fees and fast funding. Also, they allow Bitcoin margin trading up to 5x leverage.
•Bitsquare
Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto currencies.
It is also directly accessible by anyone without registration required. You can exchange Bitcoin for your local currencies as well as altcoins.
•Coinhouse
Coinhouse, a France based Bitcoin exchange which allows users of France and other European countries to buy Bitcoins. The Coinhouse accepts Visa and Mastercard credit card, with 3D secure (3DS) activated. The 3DS ensure that your payment can’t be reversed, protecting us against chargebacks.
Upon initial verification, you will be limited to 200€ to 5000€ per day depending on the type and quality of the documents you provide.
•Poloniex
Poloniex is the largest cryptocurrency exchange in terms of volume thus having good liquidity for BTC pairs. You can buy and trade almost every major cryptocurrency using this platform. Even you can access the previous charts of cryptocurrencies for free using this exchange. The main problem is that in the past, the biggest crypto exchanges that deal with altcoins only have all run away with customer money.
If you are going to use Poloniex, try to limit the amount of time you keep money on the exchange. Also, the Poloniex is a big target for hackers. But nowadays they are using advanced security features to avoid hacking.
What do you think about these Top 10 Cryptocurrency Exchanges 2017? Let us know in the comments section below.
source: https://atozforex.com/news/top-10-cryptocurrency-exchanges-2017/