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Blockchain 101Blockchain for businessBlockchain for investors So you want to start trading cryptocurrencies?Check out this guide to the best cryptocurrency exchanges.Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro.For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account.If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.It’s important to do a little homework before you start trading.Here are a few things you should check before making your first trade.Today there are a host of platforms to choose from, but not all exchanges are created equal.This list is based on user reviews as well as a host of other criteria such as user-friendliness, accessibility, fees, and security.
Here are ten of the best crypto exchanges in no specific order.Backed by trusted investors and used by millions of customers globally, Coinbase is one of the most popular and well-known brokers and trading platforms in the world.The Coinbase platform makes it easy to securely buy, use, store and trade digital currency.Users can purchase bitcoins, Ether and now Litecoin from Coinbase through a digital wallet available on Android & iPhone or through trading with other users on the company’s Global Digital Asset Exchange (GDAX) subsidiary.GDAX currently operates in the US, Europe, UK, Canada, Australia and Singapore.GDAX does not currently charge any transfer fees for moving funds between your Coinbase account and GDAX account.For now, the selection of tradable currencies will, however, depend on the country you live in.Check out the Coinbase and GDAX Founded in 2011, Kraken is the largest Bitcoin exchange in euro volume and liquidity and is a partner in the first cryptocurrency bank.Kraken lets you buy and sell bitcoins and trade between bitcoins and euros, US Dollars, Canadian Dollars, British Pounds and Japanese Yen.
It’s also possible to trade digital currencies other than Bitcoin like Ethereum, Monero, Ethereum Classic, Augur REP tokens, ICONOMI, Zcash, Litecoin, Dogecoin, Ripple and Stellar/Lumens.For more experienced users, Kraken offers margin trading and a host of other trading features.Kraken is a great choice for more experienced traders.Check out the Kraken Cex.io provides a wide range of services for using bitcoin and other cryptocurrencies.The platform lets users easily trade fiat money with cryptocurrencies and conversely cryptocurrencies for fiat money.For those looking to trade bitcoins professionally, the platform offers personalized and user-friendly trading dashboards and margin trading.Alternatively, CEX also offers a brokerage service which provides novice traders an extremely simple way to buy bitcoin at prices that are more or less in line with the market rate.The Cex.io website is secure and intuitive and cryptocurrencies can be stored in safe cold storage.Check out the Cex.io ShapeShift is the leading exchange that supports a variety of cryptocurrencies including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many others.
Shapeshift is great for those who want to make instant straightforward trades without signing up to an account or relying on a platform to hold their funds.ShapeShift does not allow users to purchase crypto’s with debit cards, credit cards or any other payment system.The platform has a no fiat policy and only allows for the exchange between bitcoin and the other supported cryptocurrencies.litecoin cpu poolVisit the Shapeshift Founded in 2014, Poloniex is one of the world’s leading cryptocurrency exchanges.bitcoin seminar topicThe exchange offers a secure trading environment with more than 100 different Bitcoin cryptocurrency pairings and advanced tools and data analysis for advanced traders.gagner du bitcoinAs one of the most popular trading platforms with the highest trading volumes, users will always be able to close a trade position.
Poloniex employs a volume-tiered, maker-taker fee schedule for all trades so fees are different depending on if you are the maker or the taker.For makers, fees range from 0 to 0.15%, depending on the amount traded.For takers, fees range from 0.10 to 0.25%.There are no fees for withdrawals beyond the transaction fee required by the network.One of the unique tools on the Poloniex platform is the chat box which is constantly filled with user help and just about everything.Any user can write almost anything but inappropriate comments are eventually deleted by moderators.It can sometimes be hard to distinguish the good advice from the bad, but the Chatbox is a great tool that will keep you engaged.Bitstamp is a European Union based bitcoin marketplace founded in 2011.The platform is one of the first generation bitcoin exchanges that has built up a loyal customer base.Bitstamp is well known and trusted throughout the bitcoin community as a safe platform.It offers advanced security features such as two-step authentication, multisig technology for its wallet and fully insured cold storage.
Bitstamp has 24/7 support and a multilingual user interface and getting started is relatively easy.After opening a free account and making a deposit, users can start trading immediately.Check out the Bitstamp and the CoinMama is a veteran broker platform that anyone can visit to buy bitcoin or Ether using your credit card or cash via MoneyGram and the Western Union.CoinMama is great for those who want to make instant straightforward purchases of digital currency using their local currency.Although the CoinMama service is available worldwide, users should be aware that some countries may not be able to use all the functions of the site.CoinMama is available in English, German, French, Italian and Russian.Check out the CoinMama Bitsquare is a user-friendly peer to peer exchange that allows you to buy and sell bitcoins in exchange for fiat currencies or cryptocurrencies.Bitsquare markets itself as a truly decentralized and peer to peer exchange that is instantly accessible and requires no need for registration or reliance on a central authority.
Bitsquare never holds user funds and no one except trading partners exchange personal data.The platform offers great security with multisig addresses, security deposits and purpose built arbitrator system in case of trade disputes.If you want to remain anonymous and don’t trust anyone, Bitsquare is the perfect platform for you.Check out the Bitsquare LocalBitcoin is a P2P Bitcoin exchange with buyers and sellers in thousands of cities around the world.With LocalBitcoins, you can meet up with people in your local area and buy or sell bitcoins in cash, send money through PayPal, Skrill or Dwolla or arrange to deposit cash at a bank branch.LocalBitcoins only take a commission of 1% from the sellers who set their own exchange rates.To ensure trading is secure, LocalBitcoins takes a number of precautions.To start, the platform rates each trader with a reputation rank and publicly displays past activities.Also, once a trade is requested, the money is held on LocalBitcoins’ escrow service.