Cryptocurrency Exchange or Digital Currency Exchange is a company that involves the exchange of cryptocurrency with other assets such as money or any other digital currency. It is a website service that delivers electronic transactions in electronic forms and taking fees for them.
Any transactions or operations to Digital Currency Exchange could be made through debit and charge cards, postal money order or any other types of money transfer. This article is approximately discussing the many cryptocurrency exchanges which facilitate crypto currency trading for novices and what they feature with regards to availability, simplicity of use, security, deposit/withdrawal methods and fees. Develop this guide to cryptocurrency trading might help you get started with cryptocurrency exchanges.
Coinbase/GDAX
Coinbase is among the biggest cryptocurrency exchanges based in San Francisco, California. It will come in 32 countries and currently serves over 10 million customers. Launched in 2012, it has an simple to use interface that makes Digital Currency Exchange a simple task for a non-technical person. It can be available for both iOS and Android. Unfortunately, Coinbase doesn’t provide crypto currency mining for novices and is only an exchange.
Currently, it includes four coins, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It exchanges digital currency with US dollars, Euros and Great British Pounds. With minimum transfer fees, Coinbase never experienced any security breach which makes it a perfect platform for digital currency exchange. Along with that, Coinbase also provides a fully-fledged advanced exchange called GDAX. It offers more advanced features and different and better trading fees than Coinbase.
Bitstamp
Bitstamp is another platform that delivers digital currency exchange. It is relatively simple to use and offers more advanced features via TradeView. Bitstamp offers coins such as Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It exchanges digital currency with US dollars and Euro. You can put in practice all the latest crypto currency trading techniques in this exchange.
It offers Flat deposits via bank transfers and supports debit/credit cards. Possibly the only drawback one can find in Bitstamp is slightly high fees and the fact that it suffered one security breach in 7 years of its operation. Nonetheless, it is one probably the most reliable exchanges. It will come in both iOS and android.
Gemini ieo binance
Gemini is really a UK based company launched in 2015 by Winklevoss twins. It will come in few countries including U.S, Canada, Hong-Kong, Singapore and South Korea. One of the downsides to the platform is it is not particularly user friendly. So, beginners aren’t recommended to utilize this platform.
It offers two coins and 1 FLAT currency Bitcoin Cash, Ehtereum and US Dollars. Gemini follows strict protocols in regards to security and by 2018, it has not encountered just one security breach thus rendering it one of the most secure and reliable digital currency platform. However, it is essential to have digital currency investment strategies prior to starting trading.
Digital Ticks
Digital ticks is a modern crypto exchange that aims to be a game changer in this sector. They have implemented many of the latest techniques which makes it easy proper to begin with with trading.
It includes a unique feature called a Single Portfolio View that would enable the traders to see most of the holding positions on a single portfolio. It would be easy for traders to produce informed decisions concerning the cryptocurrency exchange applying this unique feature. Additionally, it supports Bitcoin, Ethereum, Litecoin and Dashcoin.