Best Platforms to Exchange Cryptocurrency

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4 years ago

Crypto enthusiasts all over the world have been plagued with the problem of finding a cryptocurrency website that is tailored to suit their needs. The choice of crypto websites, wallets or exchanges is more of a subjective one, it depends on what you're looking for. As we commence the breakdown of three of the best trading websites, there is a guarantee you will find what you're looking for. They each have own features which make them the most favorable choices, from the affiliate earning system, to the user-friendliness and then the anonymity some do offer.

First on our list, there is Coinbase, and almost every enthusiast has heard about it. It is one of the most secure exchanges to trade cryptocurrency. They are obviously at the top of their game, and they are excelling in the finance world. Coinbase owed their success to their being able to trade many cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Orchid, Bitcoin Cash, Dash and so on. They have a highly beneficial affiliate earnings program as well as their earn platform which lets users earn cryptocurrency while learning about them. Coinbase also makes it easier to add cards and make purchase with credit or debit cards right on the platform.

Next on the list is Binance trading and its most notable feature is the amount of fiat currencies it supports. As of February 2020, Binance supports up to 35 fiat currencies. 'Fiat currency' refers to the normal physical currency of a nation, such as the US Dollar or British Pound. Binance also supports approximately 182 cryptocurrencies, from the well known Bitcoin to the not so well known Basic Attention Token. You can use fiat currencies to purchase cryptocurrency and vice versa. Although Binance is one of the most trusted platforms, it is important to know that they were hacked in May 2019 and lost US$40 million, which was reimbursed from their reserves. That should not discourage you however, as they bounced back and remain one of the most secure exchanges in the business.

Then you have Changelly, and it is becoming the most popular exchange platforms, owing this fast rising popularity to the Anonymity it offers. With stricter regulations being put in place by cryptocurrency regulatory boards, people have to post a lot of personal information to be able to trade. People are becoming more interested in trading anonymously without personal details being there for anyone to see. Changelly allows users to buy, deposit, trade and withdraw fiat or cryptocurrency without having to give them your ID, International Passport or Driving license. That is a much desired feature on cryptocurrency platforms in today's world.

As an added bonus, Changelly is well known for its speed, as transactions are usually processed in less than one hour. This is because they have a large amount of liquidity available. Finally, Changelly cannot be hacked because they are just a conduit for exchanging cryptocurrencies.

Whatever it is you're looking for; Anonymity, Security, or a wide range of options to choose from, these websites have got you covered. Be sure to try them out.

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Comments

Nice article regaeding exchange . There are lot of exchange platform but we need to choose it wisely. As some of them may not be what we think about

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4 years ago

Thanks you're right, our choice matters most.

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4 years ago

Nice article. You have really done well. I have worked with Coinbase before and i can really testify that it is good for trading

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4 years ago

Thanks, I am grateful.

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4 years ago

Coinbase is awesome, its the platform i logged into before coming here today

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4 years ago