Bitcoin exchange is an important part of the virtual world of cryptocurrency and investments in general. As the popularity of BTC rises in the current market, buyers are certainly more interested in doing an exchange. Just as with other types of currency, virtual or Fiat, the exchange with Bitcoins happens in a simple and quick way. According to the law of demand and supply, the prices may vary from time to time, so it is important to keep up to date when it comes to BTC exchange. Therefore, in this article, we will discuss some of the top-notch Bitcoin exchanges that are currently popular in the market.
Bitstamp is a Bitcoin exchange platform currently located in Slovenia. When we talk about the volume of exchanges, this platform is undoubtedly one of the leaders in the cryptocurrency market. Founded in Slovenia almost a decade ago, Bitstamp is a reliable and experienced company that takes pride in its system that allows transactions 24/7. The platform accepts a wide range of currencies, including Euro, Swiss franc, US dollar, and the British pound. Furthermore, one of the biggest advantages of Bitstamp is the variety of deposit and withdrawal methods, such as Wire Transfers, Ripple, AstroPay, and EU bank. Additionally, it offers a vast array of exchanging ways, examples include instant order, stop order, and limit order.
Coinbase is unquestionably one of the top-notch names when it comes to BTC exchange. The company is based in San Francisco, California and it has grown to be one of the highest international companies that deal with cryptocurrencies. Coinbase has been in the market for more than 6 years, considered a respected profile in the industry. The digital currency exchange offers a large number of services that include storing, spending, and buying Bitcoins. Despite being an American company, the services of Coinbase are definitely not restricted to the new world as it serves a total of 32 countries, including Europe.
Regardless of the convenience offered by this Multilanguage platform, users will encounter a wide range of possibilities when it comes to fiat and cryptocurrencies. The system is available in Russian, English, and Chinese, which is great for users of most parts of the world. The company that was supposedly based in Bulgaria started in 2011 when the heat of cryptocurrencies’ was literally just beginning. When it comes to money, the platform supports a large variety of currencies, such as the British pound, Russian ruble, Euro, US dollar, Chinese yuan, Litecoin, Namecoin, Peercoin, Terracoin, Novacoin, Primecoin, and Feathercoin. Furthermore, exchanges count on a fee of 0.2% per each transaction and the variations might rely on particularities of each individual account.
The commercial vision of Bit-X, which is now formally known as Luno is that cryptocurrencies’ such as Bitcoins are genuinely changing the world’s concept of money. That said, the system is one of the most well developed when it comes to BTC exchange. It allows freedom, rapidness, safety, and of course, the convenience and low price that definitely attracts the investor. It is a licensed platform that supports not only BTC itself but also Litecoin, GPB, USD, and EUR. Additionally, Bit-X works with its own BTC debit cards, a completely innovative solution for an extra dose of commodity and safety for the user.
The Chinese Bitcoin exchange is definitely one of the most popular alternatives in the market. First launched in 2011, the company is now a leader when it comes to BTC exchange. Based in Hong Kong, the system is highly functional, allowing trades with LTC, BTC, and CNY. Moreover, the interface is absolutely user-friendly, which also reflects on its availability for mobile devices. The Chinese exchange is now one of the largest BTC exchange in the market, highly respected by the large public.
Kraken is an American based Bitcoin exchange that offers its services for a great deal of countries, including Japan, Canada, and the EUR. Based in San Francisco, Kraken has been operating in the Bitcoin market for over 7 years, and it is considered the largest exchange group in the US. Despite being cosmopolite, Kraken takes pride in its incredible security system, which draws the attention of a large number of investors across the globe. For Kraken, the digital currencies’ available include Dogecoin, Litecoin, BTC, Ripple, Namecoin, and Ven. In addition to that, Kraken works with US dollar, Euro, and the Korean Won. The transaction fees will depend on a few individual factors, staying at usually 0.2%.
The process of Bitcoin exchange is quite simple, allowing users of the entire world to get into one of those platforms, get to know how to work and then, become a client. A Bitcoin wallet is easy to acquire and start using. It’s important to know the kinds of wallets available and which one will supply all of the user’s needs.