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5 Top Cryptocurrency Exchanges

June 17, 2020

Cryptocurrency exchange, also known as the digital currency exchange is a digital business that lets you trade cryptocurrencies and traditional currencies. You can trade different digital currencies using these platforms most commonly, Altcoin, Ripple, Ethereum, Bitcoins, and many more. For professional trading, and accessing the useful tool, you need to go with the exchange platform that verifies your ID and opens an account. Before joining any crypto exchange platform, make sure to consider your needs, and their reputation, rates, and some other factors. Here is a list of best cryptocurrency exchange platforms that you can consider:

BitFlyer

This exchange platform gives you an opportunity to buy bitcoins or your other favourite digital currencies by using nominal payment. It is a cloud-based program that uses modern encryption for securing your bitcoins. You can build your crypto portfolio by securely using this platform.

Pros

  • It works for both iOS and Android
  • A robust system
  • Equally beneficial for experts and beginners
5 Top Cryptocurrency Exchanges5 Top Cryptocurrency Exchanges

Cons

  • Only supports, litecoin, ethereum, ethereum classic, bitcoin, and bitcoin cash.
  • Site navigation can be difficult

Xcoins

It is a European based top cryptocurrency exchange platform. Its popularity is growing exponentially with every passing day. It is an excellently, secure and quick solution for your purchases. Whether you are a beginner or an expert, it is the most reliable option for you.

Pros

  • Simple registration and verification process
  • Completely secure platform with 24/7 user support
  • Fast transaction processes
  • Worldwide availability

Cons

  • It only offers bitcoin, litecoin, bitcoin cash, ethereum, and ripple

Bitbuy.ca

It is a Canadian based cryptocurrency platform, offering you convenient and secure access to your desired digital currency most importantly, bitcoin. It does not only work best for experts but also for those who are newcomers in the world of cryptocurrency.

Pros

  • Excellent customer services
  • Simple and quick registration
  • CAD withdrawals deposits are  processed quickly
  • Reasonable fees

Cons

  • Limited currencies are offered including LTC, BCH, ETH, and BTC
  • Only Canadian can get benefit from it.

Kraken

It is considered as the largest crypto exchange being in partnership with the first bank of cryptocurrency. It offers you to sell and buy bitcoins, and you can trade them with US Dollars, British Pounds, Canadian Dollars, Japanese Yen and Euros. Digital currency is not only limited to bitcoin, but you can also trade Monero, Ethereum, Zcash, and many more. 

Pros

  • Well reputed and user friendly
  • High trading volume
  • Reasonable exchange rates
  • Transaction and deposit fees are minimum 
  • Completely secure and supported worldwide

Cons

  • Payment methods are limited
  • Not good for newcomers

Quickex.io 

It is one of the top cryptocurrency exchange platforms that work best for both beginners and experts. Users can easily track the market value of a cryptocurrency supported by the platform. It offers instant transactions and a high upper amount limit. 

Pros

  • Trusted platform
  • Easy to use
  • Stable services

Cons

  • Account verification is necessary for the purchase

Conclusion

Joining a cryptocurrency exchange is not an easy task you have to keep a lot of things in mind. If you have decided to trade with the digital currency, you can consider the above mentioned best exchanges for cryptocurrency.