The top cryptocurrency exchanges are ranked on the features that come in the minds of the cryptocurrency users and investors. The investors look for the safety of funds, security of the website and the server such as 2 step authentication, fee structure of the exchange like fixed fees, percentage fees and spread, transparency of data, which currency pairs are available to trade Bitcoin, multiple options to buy Bitcoin like PayPal, credit card, etc., user friendly and good user ratings.
Top cryptocurrency exchanges
Top cryptocurrency exchanges includes the popular name like Binance, Coinbase, Bittrex, BitFinex, GDAX, CEX.io, Poloniex etc.
Binance
Binance is a cryptocurrency exchange that has primary focus on the Chinese market and other Chinese coins. Currently, the exchange supports English and Chinese users. In the short duration of 5 months, Binance has reached the 10th position among the top volume cryptocurrency exchanges.
Binance has gained popularity as it is capable of processing 1.4 mil orders/second, has multi-language support – Chinese, English, Korean, Japanese and has all the major coins available – BTC, ETH, LTC, BNB etc. The trading fee is 0.1%
Bitfinex
Bitfinex has been the largest Bitcoin exchange platform and has over 10% of the exchanges’ trading. It consist of all the features required for spot trading for the major cryptocurrencies such as Bitcoin, Ethereum, Ripple, EOS, Bitcoin Cash, NEO, Iota, Zcash, BTG, Santiment, Qtum, 0x, QASH, ETP, Litecoin, Ethereum Classic, Monero, Dash, OmiseGO, Time New Bank, Status, Decentraland, Basic Attention Token, SpankChain, Eidoo, Streamr, YOYOW, FunFair, Golem and Aventus.
The exchange provides features like high security, margin funding, leverage trading, and advance order types. Further, this exchange also offers apps for Android and iOS.
Coinbase
Many consider Coinbase as the best exchange for cryptocurrencies like Bitcoin, Ethereum, and Litecoin. The exchange has own associated wallet with Android and iOS apps and allows the users to make recurring purchases to invest in various cryptocurrencies.
Bittrex
Bittrex is US based and is considered as a regulated exchange. The exchange offers trading in many cryptocurrencies, tokens and newer coins and supports more than 190 cryptocurrencies. Further, the exchange offers speedy transactions, high stability, and follows few risk management practices.
CEX.IO
CEX.IO, headquartered in London, provides the features like security, high liquidity, and cross-platform trading. The exchange also offers lower fees, margin trading, almost 100% uptime, etc. However, it was affected by a small hack long back, but has high number of verified accounts.
Pingback: Top Cryptocurrency Exchanges in Security, Safety and Performance | Blockchain Wiki
Pingback: Cryptocurrency Gem ‘Bitcoin’ Allure to Fade Soon?