Bitcoin has become a valuable asset today. With various exchanges, you can instantly buy these digital currencies and wait for their value to increase. These exchanges have different features and policies that influence your trading activities. In fact, some exchanges are unavailable to you based on speed, trading fees, liquidity, security, and location. In this article, you will learn nine (9) best Bitcoin exchanges in the world that are good for trading Bitcoin.
BEST CRYPTO EXCHANGES IN 2021
Binance is one of the world’s fastest-growing crypto exchange sites that offer lots of advantages to its users. On the platform, you can Bitcoin with your debit/credit card or through P2P trading. With a fully functional mobile app available for Android and IOS users, Binance allows you to trade your Bitcoin for other coins. Although it isn’t available to US citizens, it remains the # 1 exchange in the world. With Binance, you have access to varieties of features such as a low trading fee of 0.1%, Bitcoin saving account, Future and Margin trading, staking, and more. Besides, Binance has a native crypto, BNB that allows you to gain discounts as a trader. To get started with Binance, create an account here.
CEX.IO is another world’s growing exchange site that supports varieties of cryptocurrencies. It has a top-notch security system and allows the buying, selling, and trading of cryptocurrencies. It accepts some lists of fiat currencies (USD, GBP, EUR, RUB) and accepts varieties of payment methods. These methods of payment include VISA, MasterCard, S.W.I.F.T, Sepa, ACH, QIWI, and more. The standard trading fee is 0.25%. One notable feature about Coinbase is that major trading tools like Shrimpy and 3Commas support its trading platform. Its app is available for Android and IOS users. To get started, create an account here.
Coinbase is a popular U.S exchange site that accepts the buying and selling of cryptocurrencies. With millions of customers worldwide, it supports fiat currencies such as GBP, USD, EUR, and more. When buying Bitcoin, you can use one of its methods of payment such as debit or credit cards, wire transfer, or bank deposit. Also, you can withdraw your currency into hardware wallets such as Ledger Nano-S, or Trezor-like devices. Although it charges zero deposit fees, it still charges a processing fee of 3.99% for its card transactions. Its mobile app is available for Android and iOS users. To get started with Coinbase, create an account here.
Coinmama is another cryptocurrency exchange site that specializes in telling Bitcoin to its users. With a fast and secure tea section, you can buy any cryptocurrency of your choice using your bank account, debit or credit cards, or wire transfer. With Coinmama, you can buy Bitcoin through one of its various packages. If you don’t want their packages, you can specify the amount you intend to purchase. Coinmaa does not provide you a digital wallet for storing your coins. Instead, you provide your wallet address during transactions. The processing fee for its card transaction is 5%. To get started with Coinmama, create an account here.
BitIt is a France-based exchange site that allows the buying and selling of cryptocurrencies. With millions of customers, it supports various fiat currencies such as USD, GBP, EUR, CAD, AUD, JPY, CNY, and more. With top-notch security, it offers a wide range of payment methods such as VISA, Maestro, MasterCard, and more. To buy Bitcoin on the site, you have to complete your verification process.
KuCoin is another global exchange that supports the buying and selling of cryoto assets. With a friendly user interface, it is popular for its security system. It supports several markets and hundreds of cryptocurrency trading pairs. It has no withdrawal limit and charges a zero deposit fee. It offers brilliant trading features and charges a processing fee of 0.1%. Its mobile app is available for Android and iOS users.
Bittrex is a US-based cryptocurrency exchange that allows the buying and selling of cryptocurrencies. It supports over 190 cryptocurrencies but does not allow fiat deposits such as USD, GBP, EUR, and more. It supports two types of accounts – the basic and the advanced account. Different trading features such as the candlestick charts, sport and margin trading, and more. It also offers a flat fee of 0.25%.
Kraken is a US-based cryptocurrency exchange that allows you to buy and sell cryptocurrencies. It supports fiat currencies such as USD, GBP, EUR, CAD, and more. With Kraken, you can easily trade with many cryptocurrencies such as BTC, ETH, LTC, and more. Although getting started with Kraken can take a few days, it provides a smooth experience as you use it. To get started with Kraken, create an account here.
ByBit is a derivative cryptocurrency exchange site that allows you to buy and sell cryptocurrencies such as BTC, LTC, ETH, XRP, and more. It provides up to 100x on leverage trading and supports hundreds of cryptocurrency pairs. With an advanced security system, ByBit allows users to have access to its trading features, options, indicators, and others. It provides a mobile app that incorporates necessary features and allows you to monitor market changes. Its app is available for Android and iOS users. ByBit does not accept a fiat currency deposit. Meaning, you need to make a Bitcoin purchase via an exchange site that accepts fiat deposits. Its trading fees are minimal compared to other exchanges and offer insurance to mitigate risks for its users.
Cryptocurrency exchanges have different policies and regulations that affect them. Consider the one best for you in terms of payment, security, location, and more. Choose the one that is suitable for you and begin trading.