TOP 5 CRYPTOCURRENCY EXCHANGES
Now let’s go through the TOP 5 cryptonetwork exchanges for 2019 (updated). I personally use Bitsquare’s exchange service, but I’ve also spent time on Bitstamp, itBit, Poloniex and others in the past.
BITSTAMP
BITSTAMP is one of the largest bitcoin exchanges in the world. They have a full suite of payment methods available, accept international and domestic currency and are available 24 hours a day. They are one of the most stable exchanges around with a stable low fee structure.
In the past, they have been less than friendly with their fees and with withdrawals, but the fees haven’t been too bad compared to their competitors and their history is pretty good. They also offer margin trading, options trading and add-on products.
BITSTAMP QUOTE: 0.02810515 BTC ($130 USD) to $6,400 USD
BITSTAMP SEND: 0.02022012 BTC ($285 USD)
BITSTAMP EXCHANGE: 1x USD -> $6,400 USD
BITSTAMP ADDRESS: P.O. Box 1581, Miami, FL 33161
BITSTAMP TARGET USERS: 0.01% to 0.2%
BITSTAMP FINANCE: Bitcoin and Altcoins
BITSQUARE
Bitsquare is probably the most popular bitcoin exchange, so they make the list on their own merit. They are a fully regulated bitcoin exchange that has a variety of payment methods available to their users.
They have very low fees as well with every transaction being under 0.01% on most of the markets. They also have built in margin trading, options trading and add-on products.
Bitsquare QUOTE: 0.00392945 BTC ($144 USD) to $7,600 USD
Bitsquare SEND: 0.00660169 BTC ($160 USD)
Bitsquare EXCHANGE: 0.00101652 BTC ($145 USD) to $7,600 USD
Bitsquare TARGET USERS: 0.01% to 0.2%
Bitsquare FINANCE: Bitcoin and Altcoins
Bitsco
Bitsco is one of the newer exchanges that I have never used. They are based in Dubai, have USD and EUR trading pairs and charge no transaction fees.
Bitsco QUOTE: 5dHSneF5dJSr2H8mPGYQtXLQwZv9CL9Tq
Bitsco SEND: 5DHSneF5dJSr2H8mPGYQtXLQwZv9CL9Tq
Bitsco EXCHANGE: USD/EUR: 0.00101662 BTC ($144 USD) to €77.99 €
Bitsco TARGET USERS: 0.01% to 0.2%
Bitsco FINANCE: Bitcoin and Altcoins
Gdax
Gdax is another exchange that’s new to me. I will be looking to use them in the future. They have a lot of the major cryptocurrencies available with very low fees.
Their fee structure for altcoins is set to 0.0075% per transaction, with higher fee schemes for higher volume trading. They also have a lot of the popular fiat currencies.
Gdax QUOTE: 1Gdax = 1 USD
Gdax SEND: 1Gdax = 1 USD
Gdax EXCHANGE: USD/GDDX: 0.0075 €
Gdax TARGET USERS: 0.01% to 0.2%
Gdax FINANCE: Bitcoin and Altcoins
DAX
DAX is one of the oldest and largest bitcoin exchanges, and in my opinion the best. They offer the standard bitcoin exchange and option trading with zero fees for their options. They also offer a wide array of cryptocurrencies with low fees, and a good variety.
DAX QUOTE: 1.001 EUR
DAX SEND: 1.001 EUR
DAX EXCHANGE: 1.001 EUR/1.001 EUR
DAX TARGET USERS: 0.01% to 0.2%
DAX FINANCE: Bitcoin and Altcoins
Btc-e
Btc-e was the most popular bitcoin exchange until they moved their customer support to Telegram recently. However, I believe they are a great option for the longer term bitcoin investor, as their customer support will still be around for quite a while.
If you are looking for a bitcoin exchange that offers low fees and a wide range of options, and is not based in the US or UK, then I would recommend Btc-e.
Btc-e QUOTE: 1 BTC = 6.03 USD
Btc-e SEND: 1 BTC = 6.03 USD
Btc-e EXCHANGE: 1 BTC = 6.03 USD/ 6.03 USD
Btc-e TARGET USERS: 0.01% to 0.2%
Btc-e FINANCE: Bitcoin and Altcoins
An official support page for Btc-e can be found here.
BTC-e is owned byBTC-e is owned by BTCTrade and is regulated by Russian financial authorities. I believe this is an excellent choice for traders that do not need a high level of support. I actually had some of my BTC-e tokens for over 4 years and sold them in 2016, and did not have any problems at all with my accounts or withdrawals.
OpenBazaar
OpenBazaar is a P2P marketplace that works on the bitcoin blockchain. OpenBazaar provides a marketplace of buyers and sellers that facilitate all transactions using bitcoin. The marketplace gives access to thousands of buyers and sellers from all over the world.
OpenBazaar QUOTE: 0.00 BTC = $13.78 USD
OpenBazaar SEND: 0.00 BTC = $13.78 USD
OpenBazaar EXCHANGE: USD/0.0005 BTC ($100 USD)
OpenBazaar TARGET USERS: 0.01% to 0.2%
OpenBazaar FINANCE: Bitcoin and Altcoins
Last, but not least, there is also the decentralized Ethereum network and all the services that run on it. Ethereum has been the latest cryptocurrency boom in the digital currencies arena.
It is safe to say that most traders use at least one cryptocurrency. In the new digital currency era, the more you use, the better chance you have to profit. Having a diverse array of digital currency trading pairs and currencies can help you in the long run.
Stay tuned for my next article on how to use mobile trading platforms for serious investors.
0 Comments