Source: 9 Best Cryptocurrency Exchanges to Buy/Sell Any Cryptocurrency [2019]
Here is a consolidated list of best cryptocurrency exchanges with my comments:
- Binance: Offers mobile app and probably the fastest growing exchange. If you need to pick only one, this is the best and #1 in 2019.
- Bitmex: Very popular with high volume. Idle for margin trading.
- BitMax: An alternative to Binance as they shut down doors for U.S. based users. A fast growing exchange.
- KuCoin: One of the strongest exchange that also offers a mobile app (Android and iOS). They have been constantly updating their mobile app to make it one of the best in the industry.
- CEX: My favorite
- OkEx: A reliable exchange which are listing many top projects. Also, have a native token like BNB and doing a lot of IEOs.
- CoinMama: Old but gold and let you buy BTC and ETH instantly.
- Bittrex: Another high-quality exchange with a lot of coins
- Changelly: Instantly convert any cryptocurrency to any of your choices. Great for instant conversion
Slowly and steadily, Bitcoin and altcoins are getting attention from more investors all around the world.
And why not? These cryptocurrencies are time and again proving themselves to be a safe haven against government’s inflationary policies.
That’s why some people are even securing cryptocurrencies as their retirement funds, while some are doing pure speculation with short-term trading (i.e. buy low, sell high).
And let’s not forget about those who are just starting off by looking around to find the answer to questions like:
- Where do I buy such currencies?
- What are the best cryptocurrency exchanges?
But before we talk about the best exchanges out there, I need to tell you that it’s not too late to get invested in cryptocurrencies. At the time of this writing, the Bitcoin and altcoin market is at an all-time high, with a market cap of $166 billion. I believe we will cross the $250 billion mark later this year.
So now that you know you should invest, here’s where you need to go to do that.
Note: This list is starting from easy to use exchanges and moving towards some of the advanced exchanges.
Contents [show]
9 Best Cryptocurrency Exchanges for Trading Cryptocurrency
1. Binance
Binance is a rapidly growing exchange that concluded its ICO a few months back.
Though it is based out of China, it doesn’t serve its native country but is open to almost all countries around the world.
Since its ICO to till date, it has grown tremendously and is now placed in top 10 cryptocurrency exchanges in the world. It now has more than 140 altcoins listed on it which are only increasing as the days are passing.
Binance being a centralized exchange has taken a unique take to expand its business and also provides a decent discount for day traders if they use BNB coins. BNB is Binance Coin which is the native currency of this platform.
Read: Binance Cryptocurrency: A Unique And Rapidly Growing Crypto Exchange
Binance’s fee structure is also unique. To start with they have 0.1% standard trading fee which is already quite less than other peers. You can even reduce your fee further if you pay your trading fee in BNB according to the below-shown structure.
To get started with Binance you need to register using your email ID and the process is quite simple & fast. Moreover, you get 1 QTUM coin as a kind gesture for registration which is limited to 10,000 QTUM coins on first come first basis.
Binance is one of the few exchanges that offers mobile app for iOS and Android. Being using it for a while, I find it too easy to trade cryptocurrency while on the move. You can watch this video to learn how to use their mobile app.
They also have aggressive plans like multi-lingual support, mobile apps for both iOS and Android users, Binance Angel Program, and the Community Coin Per Month etc for more adoption of their platform.
Register a free account on Binance