So you’ve got your hands on a cryptocurrency that’s rising at the moment. Maybe someone gifted Bitcoins to your address, and now you have some extra. Whether you have a small fraction of a Bitcoin, or already are becoming a millionaire, it’s still not in your hands. That’s where cryptocurrency exchange comes in. And you might wonder – what exactly does it entail? Well, those are websites that allow you to trade, buy or sell a cryptocurrency with a few clicks. Once you’re satisfied with the amount or the price rose enough – magic happens. Using these websites you can transfer cryptocurrencies to your bank account or a card, and have that money in any currency of your choice. We decided to make your day with 10 best Bitcoin exchanges.
It would be a wonder if you haven’t heard of Bitfinex – the first one on our list. Recently Bitfinex has been popping up on Youtube and similar media sites, whether in form of ads, or Youtubers promoting the exchange. They wouldn’t try to trick you, and this one is truly one of the most popular. It has a simple, detailed table and graphics of hundreds of cryptocurrencies. Just create an account, verify your ID, and you’re ready to start. You can both deposit and withdraw from your card, and it will automatically be converted to a cryptocurrency you choose. From there, just watch for the rises and the falls, and try to predict when to invest. Good luck!
Another very, very popular website and a service. In fact, we were in serious doubt which one should take the first place. In the end, Bitfinex took the spot because it has almost 35% market share in Bitcoins, while Coinbase has about 15%. Both are insane amounts, and just imagine, Coinbase trades in about 20.300 Bitcoins in total! That’s about 303 million of US dollars with the current price. It works like this: You link your bank account with the Coinbase one. Then you’ll initiate a transfer every time you buy or sell Bitcoins because Coinbase account doesn’t hold any money, and it will take 3-5 days for it to arrive. That’s why it’s not as good a trading exchange as Bitfinex, and more oriented to the new users just starting their business in trading.
Next, we’ve got a European Bitcoin exchange website. And not only Bitcoin, they’ve added all the altcoins as well (other coins like Litecoin, Dogecoin, Ethereum and more). A lot of people use this one and the website supports various card purchases like Visa Mastercard and Visa. Another great thing about this one – very detailed and easy-to-understand and use for beginners. It’s pretty simple, really – connect your card to the account, and convert your currency into a cryptocurrency of your choice. From there you can turn it into a savings account, let the prices rise, or pay for stuff with it. Up to you in the end!
Now – one of the best cryptocurrency exchanges for Bitcoin and other alternatives. It has quite a few features to it, and it’s designed towards those trading professionally and with an advanced knowledge. It’s very fast-paced – both deposits and withdrawals are blazingly fast! That allows for a spur of the moment gain of money if you catch the right time, but also losing the same way, unfortunately. The features will mean a lot to you if you’re an expert in economy, and they are: stop loss and stop loss limit, take profit limit, leverage, margin, and more. Like you just realized – not very pleasant if you aren’t sure what you’re doing.
This is an older website, founded before all this fame and fuss about Bitcoin. It’s been functioning for about 4 years already, and on the way picked a lot of great things for users. For example – it has a fast and easy account creation, to get you into trading as soon as possible. All the main features are there, and with so many people already a part of the network, it has a high-volume trading. Not only does it have one of the lowest fees at the moment, it’s very user-friendly, and you don’t need to be an expert to start. If I were you, I’d give this one a try when starting out. They take security very seriously, and with recent thieves getting away with cryptocurrencies, that’s extremely important. Good news-account creation is enabled, so hurry up, start today!
It reminded us of the agar.io game by the way it sounded – but trust us, it’s not a children’s play. It’s a serious Bitcoin cryptocurrency exchange website, allowing you to easily trade and convert money to Bitcoins, Litecoins, Ethereums and more. If you’re looking to earn some by trading, there’s a beautifully designed panel and a dashboard for all your needs. It has a very good reputation, a great mobile app when you’re not on a PC. In return, that allows you to wait for the right moment and seize the opportunity to make some money. We’ve never heard complaints about this one, and even if you’re new-the process is explained in detail, and easy to follow. Even though the interface is very clean and beautiful, you won’t get to see it – not at the moment, at least. New user registrations are on a pause until further notice.
Paxful is for all those lovers of paying without boundaries. There are more than 300 ways to pay for Bitcoin or other cryptocurrencies, unlike those that require a credit card. Although this one is mainly used in the USA, nothing stops you from paying with Amazon Gift Cards, Paypal, Western Union, or any credit/debit card you possess already. All the other payment services are available too: MoneyGram, MobilePay, Skrill, Payoneer and more. Truly a website of many choices. It will automatically calculate how many Bitcoins you’ll get for the money, so you know exactly what you’re getting. The only con – a slightly bigger fee than elsewhere, but the options are endless.
This website has a lot of pros, but one very deal-breaker con as well. First up – the pros. It’s very popular and has a big volume of trading at the moment. It’s specifically designed for you to buy Bitcoin wherever you are. It’s a lifesaver for all those that live in countries with limited credit card support. Good news, Coinmama, like the name suggests, will be a mother that accepts any currency, from any country around the world. Now we’re coming to the bad part – fees are a bit high, which can be overlooked if that’s your only choice. But the major thing is – you can only purchase Bitcoins, but not sell them back to the website.
Something a bit different with this one, because you aren’t selling and buying bitcoins to a website, where you don’t know who exactly is behind it. Localbitcoins is one of the best p2p (person to person) cryptocurrency exchange website. You can trade all over the world in a great interface with easy communication. It will allow you to trade with a person directly and meet people along the way. You don’t need any verification, but the risks rise upwards with that, as it’s anonymous. Don’t trade with huge amounts in order to stay safe, although in our experience everyone was very trustworthy.
We’ve saved the most adventurous way to use Bitcoins to your commodity. First of all, this one will provide you a global map of bitcoin ATMs. Yes, you heard that right, with popularity rising, the machines have started to spread all around the world. And why not, transaction fees are small, much smaller than a bank, but also instant. Not only can you purchase things on the spot, but in most of the cases, you won’t need to give up your identity. If you don’t want the government to track you, or you’re just embarrassed for paying for a balding-head medicine, this is the way to go. It’s easy to use, and everything will be explained in detail once you become a part of the family.