Top 16 cryptocurrency Exchangers in philippines...

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Day by day cryptocurrency exchangers are increased.This top 16 cryptocurrency exchangers are approved by central bank.These exchangers are ruguler for helping the goverment and unionbank for launch diffrent Apps.The central bank of the Philippines, Bangko Sentral Pilipinas (BSP), has so far approved 16 cryptocurrency exchange service wich provide fullly help for goverment and bank system.The latest list of Remittance and transfer companies (RTC) with virtual currency (VC) exchange services shows four recently approved cryptocurrency exchanges. They are using Technology Incom Iremit Incom Moneybees Forex Coryptocurrency and With other more PHP Incoms...

The othe join 12 existing cryptocurrency exchanges previously approved by the

1: BSP Aba Global Philippines (Coexstar),

2: Atomtrans Tech, Betur (dba Coins.ph),

3: Bexpress, Bloomsolutions (Bloomx),

4: Coinville Phils, Etranss Remittance

5: International, Fyntegrate (dba Philippine Digital Asset Exchange or PDAX),

6: Rebittance (Rebit, Buybitcoin.ph),

7: Telcoin,

8: VHCEX

9: Zybi Tech (dba Juancash).

previously reported that there were 13 approved crypto exchanges in the Philippines. However, Bitan Moneytech has been delisted as of June 30 and is no longer on the above BSP approved list.

Cryptocurrency make the goverment and bank system easy.The BSP established a formal regulatory framework for cryptocurrency exchanges in its Circular. Cryptocurrenccy exchanges are required to register with the BSP as remittance and transfer companies.the approved by the help of centrl bank.

Investing or trading in Bitcoin or other cryptocurrencies can be easily exchanges at first. There is frequently news about scams and people losing money. While this is true and many scams have happened and continue to happen it has never been so simple to invest in cryptocurrency. So much has advanced in the last few years that have made crypto trading safe and easy.  

Coinbase..

The most widely known and used cryptocurrency exchange in the United States is Coinbase. Coinbase was founded in 2012 not very long after the release of Bitcoins code in 2009 and is a fully regulated and licensed cryptocurrency exchange.

Coinbase currently has licenses to operate in over 40 U.S. states and territories.

While the cryptocurrency industry has been avoided with fraudulent coins and shady exchanges. Coinbase has largely avoided any controversy. Coinbase offers an extremely easy-to-use exchange, greatly lowering the barrier to entry for cryptocurrency investment which is typically seen as confusing and convoluted.

NJAfterAll, Coinbase also offers the free Coinbase Pro version that has a different but cheaper fee structure and significantly more options in terms of charts and indicators. Coinbase Pro is a perfect next step for those who have learned the ropes using Coinbase. Coinbase Pro helps round out the overall offering by adding features that the more advanced user would want.

CashApp

CashApp is a peer-to-peer money transfer system much like Venmo. This type of service allows users to split food pay rent to a roommate, or even shop online at a retailer that supports CashApp.

CashApp can essentially act as a bank account and users can have their own CashApp debit cards. This service is very convenient by itself but CashApp has even more features.It is very easy to use and simple.I like this app very much.

CashApp also allows its users to invest in stocks, ETFs, and cryptocurrency in a similar fashion that Robinhood does. The mobile first interface that this exchange uses is very easy to figure out and use making it ideal for a first time investor.This application is very populer for investment..

The ability to withdraw cryptocurrency from an exchange is extremely important in the cryptocurrency community. With Robinhood you can invest and trade cryptocurrency but you cannot withdraw and spend it how you wish.

Many in the cryptocurrency community refer to this concept as

"not your keys, not your coin.”

This means that if you do not hold the private keys to the wallet that the coins are stored in they are effectively not owned by you.

Binance

Another type of cryptocurrency exhanger is binance.The Binance exchange is an exchange founded in 2017 with a strong focus on altcoin trading. Binance offers nearly 600 different trading pairs between different cryptocurrencies. It does offer some fiat/cryptocurrency pairs but most of its pairs are between cryptocurrencies.

Currently Binance dominates the global exchange space making up a significant portion of cryptocurrency trading volume daily. The exchange does not currently allow for US dollar deposits but it does allow you to directly purchase a select number of cryptocurrencies with a credit or debit card. Deposits using over 20 other fiat currencies are allowed including the Euro and top other most.

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 the native currency of this platform which let you save money on buying and selling of any coin.

Bisq

Another type of Curreptocurrency exchange is Bisq.The premise of Bitcoin itself is that it grants open and free access to a unit of account. Banking products like a checking or savings account are only accessible if you have a legally provable government issued identification. With Bitcoin this is not necessary. It can be accessed regardless of nationality or location and without any identification.

While many argue that this opens up possibilities for criminal activity

(the same could be said about criminal activity using cash),

it also immediately grants units of account to individuals in countries with less developed banking systems. There are millions of people in the world that do not have access to bank accounts or means to trade because their countries may not have the proper financial infrastructure, or the individuals may not have government issued identification. Bitcoin used in tandem with a decentralized exchange like Bisq can be a good solution in these cases.this is very oferable and Amazing exchange for cryptocurrency.

Bisq is instantly accessible to anyone with a computer or smartphone as there is no registration process or KYC (Know Your Customer) rule. This makes it ideal for those looking for privacy dissidents living within an oppressive regime or anyone who does not have any government issued identification.

Bitmax

BitMex is a high volume cryptocurrency exchange created by a talented team of economists, high-frequency traders and web developers for the crypto community.Here you will find no issues regarding the liquidity of your cryptocurrencies.The primary currency traded on this exchange is Bitcoin and its future contracts.Apart from Bitcoin contracts, one can also play around with future contracts for altcoins such as Bitcoin Cash, Ethereum, Cardano, Litecoin, Ripple.

The registration process on BitMex is simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below:

Bitfinex

Bitfinix is another one of the largest and most popular cryptocurrency exchanges out there.Based out of Hong Kong and operational since 2014.it gives its users the option to trade the following 13 cryptocurrencies in USD or BTC.

On Bitfinex, if you are a pro.trader, you will find advanced trading tools such as limit orders, stop orders, trailing stop, fill or kill, TWAP, and others, along with different market charts.

Change Now

ChangeNow is one of the easiest ways to get ahold of various cryptocurrencies.

ChangeNow has a proven track record of consistently good products being put out into the cryptocurrency space.One of the best things about ChangeNow is that you do not need to go through any lengthy verification or registration process. It is a non-custodial exchange.

Currently, it supports more than 200 cryptocurrencies along with fiat pairs such as USD/EUR. It is one of the best and easiest to use crypto exchanges out there.When you use ChangeNow to exchange cryptocurrency the matching engine connects in real time to some of the best and busiest cryptocurrency exchanges in the market to get you the best price.Usually, when using ChangeNow, a crypto-to-crypto exchange takes 2 to 20 minutes.

There is no instance of a fee on ChangeNOW. All ChangeNOW’s profits come from successful trading and are already included in the rate, and all network fees. The amount you see is the amount you get, so you don’t have to worry about any hidden fees or charges.

All you need to buy from ChangeNow is a VISA/MasterCard (credit/debit card) and a wallet where you want to receive your new coins.The procedure is very simple.

Kucoin

KuCoin is another easy and hassle free cryptocurrency exchange. KuCoin offers many popular and unique coin such as CHR, $KCS, and many others. Just like Binance.They offer a fully functional mobile app for Android and iOS.

To get started with KuCoin, you can deposit any crypto of your choice ex: BTC and start trading. Personally, I have been using KuCoin for the past 2 years and they have been constantly adding extra features.

Huobi pro

Huobi pro is an international cryptocurrency exchange that originated in China but now has moved across the world to serve a maximum number of investors. It is based out of Singapore and has been operating in this space successfully for the last five years.

As we speak it occupies the #3 spot on CoinMarketCap’s list of exchanges by volume and has 244 cryptocurrency pairs. Hence, needless to say, of this, you will never face liquidity problems on this exchange.

They also have mobile apps for both Android and IOS for users who want to trade cryptos on the go.

Their regustration procesa is also pretty simple and straight forward.so go ahead and do the needful. Oh, and just so you know, the exchange fee is also pretty low. Have fun..

Bittrex

Bittrex is a US based cryptocurrency exchange that provides you the option to trade more than 190 cryptocurrencies at a time. They are well-regulated and compliant with all of the current US rules. so crypto users need not worry about the safety of their funds.

Bittrex handles one of the largest BTC trading volumes out of all the exchanges in the world.

Here, the users (buyers/sellers) decide the rates in which they want to trade, and Bittrex charges them a small service fee for providing this platform (0.25%).

To get started with Bittrex, you need to register and log in through your email ID, but to withdraw funds, you need to do a KYC by submitting your ID documents and phone number, as well as enabling two-factor authentication for higher limits.But one good thing about Bittrex is the account verification happens quite fast.

Bittrex supports two types of accounts:

Basic Account – withdrawal funds worth up to 3 BTC/day.

Advanced Account :withdrawal funds worth up to 100 BTC/day.

Bittrex is a “crypto-only” exchange meaning it doesn’t allow you to deposit fiat currencies such as USD, EUR, GBP, etc.

They provide access to advanced trading tools like candlestick charts and crosshairs but the user interface is quite clean and intuitive. so newbies should have no problems.

Kraken

Kraken is a crypto exchange which is meant for serious individual and businesses. Apart from Individual account.it also offers an institutional account which is idle for crypto businesses. Kraken supports multiple digital assets, and you can fund your account in multiple traditional currencies.

Kraken also offers a Bitcoin for high volume crypto exchanges. Kraken uses a maker-taker fee schedule with volume incentives based on your activity in the past 30 days. Kraken also supports the Staking of a few popular proofs of stake coins.

Poloniex

Founded by Tristan D’Agosta, Poloniex has been operational since January 2014 and is undoubtedly one of the biggest cryptocurrency exchanges in the world.

It is based out of the United States and offers 100+ cryptocurrencies to its users to trade.

When you talk about trade volumes, nothing beats Poloniex.

In 2017, Poloniex had the highest volume for ETH because it supports an independent Ethereum market as well as a BTC market.

Poloniex It is a crypto-only exchange, but you can start trading easily by depositing USDT (Tether dollars). Poloniex also has zoomable candlestick charts for 5-minutes, 15-minutes, 30-minutes, 2-hours, 4-hours, and 1-day, along with a stop-limit feature for advanced cryptocurrency traders.

Poloniex charges a fee of 0.15% to 0.25% on all trades depending upon whether you are a maker or a taker

Above mentioned cryptocurrency exchages are best exchangers..InThe exchanges listed above all have active trading, high volumes, and liquidity. That said, centralized exchanges are not in line with the philosophy of Bitcoin. They run on their own private servers which creates a vector of attack. If the servers of the company were to be compromised, the whole system could be shut down for some time. Worse, sensitive data about its users could be released.

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Avatar for Buxhi
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3 years ago

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so much stunning article mam

please keep it up

keep sharing important articles as like this .

love your article want to read more articles from you

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3 years ago

Thank u sooo much dear 😍

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