Cryptocurrency Guide For Beginners. How To Start With Minimum Investment.: Successful Investment Strategies And How To Minimizing Your Risk. Mining, Trading, Bitcoin, Ethereum, Litecoin, ICO. by Joseph Evans

Author:Joseph Evans [Evans, Joseph]
Language: eng
Format: epub, azw3
Published: 2018-04-10T05:00:00+00:00

Cryptocurrency Exchanges to Consider

As cryptocurrencies rose in popularity over the years, plenty of exchanges have popped up online. This makes it even more challenging, especially for beginners, to find the right platform to start with. To assist you in your search, here are some of the best exchanges that are worth your consideration.

It is suggested that you start with these so that you can easily get the hang of cryptocurrency investing. Here you have exchanges that actual users have rated to be top notch. You will also find those which have been rated based on their accessibility and functionality. And then there are those that trump the rest when it comes to security and transaction fees.

1. Gemini

It is primarily serving the purpose of trading Ether and Bitcoin cryptocurrencies. It is a highly-secure exchange platform. It offers a user-friendly interface and has regulated standards not to mention capital requirements. It functions closely like an actual bank and is highly liquid ensuring that you will get paid. Here, you can trade both cryptocurrency types with US dollars and vice versa.

2. Coinbase

Millions of traders are currently using Coinbase, making it one of the most popular exchanges available today. Aside from beginners, well-known traders are also taking part in the cryptocurrency game through this platform. The edge of Coinbase is that it offers a wide variety of tools and services yet is user-friendly. The transactions are secured and it even offers a built-in storage for your cryptocurrencies.

3. Bitstamp

With Bitstamp, you have one of the earliest trading platforms made available for Bitcoin. User-friendly yet highly-secure, it also offers Bitcoin storage within the platform. The best thing about the latter is that all stored Bitcoins are insured. User support is available all day every day. You can create a free account and begin participating in the trade. It is very easy and efficient to use.

4. Cexio

With Cexio, you have a universal cryptocurrency exchange platform. You can easily conduct trades here exchanging actual money for cryptocurrencies and vice versa. It is ideal for both newbies and experienced traders. Armed with user-friendly tools and functions, it is a great platform to start with. Also, the advantage you gain by using Cexio is with regard to its prices which closely reflect those of the markets.

5. Poloniex

Security is extremely important in the cryptocurrency game and this is something that can be expected from Poloniex, as an exchange platform. It supports hundreds of different cryptocurrencies and trading pairs, and offers a series of tools both for novices and advanced investors alike. The beauty of this platform is that you can always expect to close a position.

6. Kraken

If your chosen cryptocurrency is the Bitcoin, then Kraken would be an ideal exchange option. It is one of the largest Bitcoin trading platforms available today. It is even a partner of the primary digital bank for cryptocurrencies. Although it is mainly used to trade Bitcoins, it can also accommodate Ether transactions and those involving other cryptocurrencies. It is the exchange of choice for traders who have more experience in the industry.

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