Cryptocurrency exchanges are places where you can easily trade with different cryptocurrencies. In the article, you will learn tips for specific exchanges, but also information that you should be careful about before you choose the stock.
If you want to start trading with cryptocurrency and you are not satisfied with just a one-time purchase, you should focus on cryptocurrency stock exchanges, where you can buy and sell crypto markets for classic currencies such as dollars or euros. Opening an account is nothing complicated. You need only two IDs (ID card, passport), and the subsequent verification of your identity is a bit different for each stock.
The most common type of cryptocurrency exchanges are web pages that directly mediate trading with different cryptocurrencies in exchange for a transaction fee. But there are also platforms for trade between individuals or traditional brokers who set their own currency rates.
Before selecting the cryptocurrency exchange, you should be cautious and not send the money to the first you like. The most important aspect, of course, is the evaluation of the exchange from other users. Take a moment to review the stock market's recent review and see how users experience it.
We chose for you the four best-known cryptocurrency exchanges. If you decide to trade on some of them, you will not be making the mistake.
In particular, their mobile wallet is very simple and user-friendly even for complete cryptocurrency beginners. CoinBase is an American company that has a variety of options for selecting or sending money and the user interface of its products is understandable.
Kraken is the US stock market in Canada, the EU, Japan and the United States of America. At present, he is holding a prime in the euro and its liquidity overall. It is very popular and reliable, and adds, for example, data on Bloomberg's bitcoin rate. Due to the more complex control tool it is not entirely suitable for beginners.
Together with Bittfinex Exchange, Poloniex is one of the most popular currency exchanges in the world today. They are based in the United States and rank among the most powerful currency exchanges in the world today. In the spring months, they faced technological problems because of the unexpected interest in trading with cryptocurrency. However, they have managed the situation and are currently holding a premium in trading with ether.
Currently the number one in terms of total volume of trades. The Hong Kong Stock Exchange also has a very friendly environment - simple payments and withdrawals. Last year, this exchange office was unfortunately hacked and some bills were stolen. That's why you always have the rule that you should keep most of the cryptocurrency in your hardware wallet and only have lower amounts in the exchange. This exchange is popular especially because of low transaction fees and a large amount of trafficked cryptocurrency.