So, you’re looking to start buying, trading and selling altcoins, but not sure what the best altcoin exchange is? I know the feeling — there are hundreds of different exchanges to choose from, each with their own pros and cons.
But don’t worry, you’ve come to the right place! Today, I am going to give you a review on seven of the best altcoin exchanges, in which I’ll show you where to buy altcoins and how to buy altcoins with USD.
By the way, did you know that the first-ever altcoin to be created was Namecoin in 2011?
In this best altcoin exchange guide, I will review some of the top exchanges, highlighting their fees, security measures, coin availability, trading volume, and user-friendliness.
Want to trade bitcoin and other cryptocurrencies but don’t know where to start? One of the first things you’ll need to do is find a cryptocurrency exchange where you can buy and sell the digital currency you’re looking for.
There’s a huge range of platforms available, so read on to find out how to compare your options and choose the crypto exchange that’s right for you.
BC Bitcoin is a UK-based cryptocurrency brokerage that buys and sells more than 100 different cryptocurrencies.
HiveEx.com and finder.com are members of the Hive Empire group of companies.
There are several decentralised exchange platforms that have already gone live, plus many more in varying stages of development.
Altcoin.io is one of those platforms.
Scheduled for a full launch by the end of Q2 2018, Altcoin.io is a decentralised exchange that uses atomic swap technology.
Let’s take a closer look at what it has to offer and whether it could be the right crypto exchange for your needs.
According to its “lite paper”, Altcoin.io has a mission to create a decentralised cryptocurrency exchange that leverages atomic swap technology to perform fast, affordable and secure trades through smart contract-powered payment channels.
Whether you’re a professional trader or just starting out with cryptocurrency, Binance offers a wide variety of tools for engaging with digital asset markets. It’s straightforward to buy and sell cryptocurrency through the Binance exchange, and the inclusion of additional features makes the platform capable of handling complex trading operations as well.
UK residents: In addition to normal crypto trading, Binance offers margin lending, a regulated activity which they are not authorised to offer in the UK, we advise you not to use this service.
Andrew Munro is the global cryptocurrency editor at Finder.
After previously writing about insurance and other areas, he now covers the latest developments in digital assets and blockchain and works on Finder’s comprehensive range of guides to help people understand cryptocurrency.
Get US$10 in free bitcoin when you buy US$100 or more of any cryptocurrency.
To get started, create an account by entering your name and email and choosing a password.
Buying and selling is just the beginning.
The question, of course, is whether CEX.IO is a good choice for buying cryptocurrency. Let’s find out.
Exchange rates on CEX.IO are based on the platform’s market activity. Traders on CEX.IO buy and sell cryptocurrency; at the same time, the exchange rate will fluctuate.
Though the exchange rate can change, you’ll typically find that it’s within 0.5% to 2% of the mid-market rate.
The mid-market rate is what your money’s actually worth on the global market compared to another currency. It’s the midpoint between worldwide supply and demand for that currency — and the rate banks and transfer services use when they trade among themselves.
Use the mid-market rate as a baseline to compare against the rates provided by your bank or transfer service.
CoinSutra » Cryptocurrency » 9 Best Cryptocurrency Exchanges In The World To Buy Any Altcoins
Here is a consolidated list of best cryptocurrency exchanges with my comments:
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 the government’s inflationary policies.
That’s why some people are even earning interest in crypto, 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:
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.
There is no one size fits all for exchanges.
Each user has unique needs when buying cryptocurrency.
Our Bitcoin and cryptocurrency exchange reviews detail each exchange’s supported countries, payment methods accepted, fees, privacy, limits, liquidity, reputation, speed (delivery of coins), customer support, and any past issues.
Your bitcoins should not be stored on ANY exchange! If you want a secure Bitcoin wallet you will need to use a hardware wallet like the Ledger Nano X.
Coinbase is the world’s largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins, ethereum, litecoin and many other coins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.
After reviewing and comparing over 35 of the most well-known crypto exchanges by industry professionals, we’ve compiled an updated list of the best cryptocurrency exchanges to buy, sell & trade crypto assets & contracts.
Whether you are looking for the best cryptocurrency exchange platform, purchasing your first ever cryptocurrency, or looking to diversify your coin portfolio, you need a list of the top exchanges.
Definition: A cryptocurrency exchange platform is an online website that supports the buying, selling and/or trading of cryptocurrency assets or contracts.
Even though more than 500 cryptocurrency exchange platforms exist to date, not all of them are trustworthy, not all of them provide fair fees, and not all of them safely secure your transactions. Many exchanges market themselves as the world’s No1 crypto exchange but that’s not always the case.
Your first step into the cryptocurrency world will most likely occur through an exchange or brokerage. There are two main types of exchanges that we will discuss in this guide.
These exchanges allow the direct conversion of US Dollars, Euros, and most government-backed currencies into cryptocurrency.
The second type of exchange are called cryptocurrency to cryptocurrency exchanges.
These allow cryptocurrencies to be traded with each other. Crypto to crypto exchanges will be covered more in-depth on the second half of this page.
Depending on what cryptocurrency you are trying to obtain, you’ll need to use certain exchanges.
Based out of San Francisco, California, Coinbase is considered by many to be the most beginner-friendly exchange.
So you want to start trading cryptocurrencies? Check out this guide to the best cryptocurrency exchanges. Can’t get enough of cryptocurrencies? Take our beginner course on cryptoeconomics.
Cryptocurrency exchanges are websites where you can buy, sell or exchange cryptocurrencies for other digital currency or traditional currency like US dollars or Euro. For those that want to trade professionally and have access to fancy trading tools, you will likely need to use an exchange that requires you to verify your ID and open an account. If you just want to make the occasional, straightforward trade, there are also platforms that you can use that do not require an account.
It’s important to do a little homework before you start trading. Here are a few things you should check before making your first trade.
To exchange Bitcoin in the UK, you need an exchange.
Now, we’re not trying to insult your intelligence by phrasing it like that.
The reality is, you need an exchange to buy Bitcoin.
Naturally, with the industry buzzing, there’s plenty of choice out there for the average consumer. Of course, having too much choice can be as much of a curse if you don’t know what you’re looking for.
Fortunately, we’re here to help.
Using our team of experts, we’ve reviewed all the best Bitcoin exchanges in the UK and we’re about to tell you exactly where to find them and why they’re hot prospects.
Using our decades’ worth of combined experience, we’ve combed the UK Bitcoin community and picked out the sites that stand out as impressive.
Although you should always do your own research before investing, the above table is the best bitcoin exchanges to buy bitcoin online. If you are new to cryptocurrency exchanges then check out our exchange finder section which breaks down all exchanges by different criteria. We rank exchanges by the following criteria:
We rank the exchanges first and fore-mostly by their security measures and how trust worthy they are considered to be. User feedback is essential for us to create a rounded view of each exchange, make sure to give your input on exchanges you regularly use and those that you have tried and discarded immediately.
There are hundreds of cryptocurrency exchanges available to users nowadays. Since the huge rally of the crypto market in 2017, lots of companies are cropping up offering a new exchange.
What you need to know is that there are essentially four types of cryptocurrency exchange.
These are the exchanges that allow you to buy a cryptocurrency directly using your fiat currency (a government based currency such as the US dollar or the British Pound). These are most popular with those who aren’t familiar with the crypto market because it allows for easy access to the cryptocurrency of their choice without much hassle.
The issue with these exchanges is that they don’t seem to offer a choice of coins, so if all you want is bitcoin then they’re great but for a more peculiar altcoin.
These exchanges will only allow you to buy one cryptocurrency using another.
Through our extensive analysis and industry insights, we’ve created this handy beginners guide to crypto exchanges. As well as listing the top trading platforms, we’ll tell you why finding the right exchange for your level is important.
Regardless of where you are or what your skill level is, there’s a crypto exchange for you.
The trick, however, is finding the right one.
For example, exchanges in the UK are best for those who want to convert GBP to Bitcoin (BTC) etc.
Put simply, you need to establish what you want before you sign-up.
To give you an insight into how the best cryptocurrency exchanges work, here are the answers to some important questions…
Simplicity is obviously crucial when it comes to finding the best crypto exchange for beginners.
As one of the most popular Bitcoin wallets around, it would be wrong not to include Coinbase as one of the best Bitcoin wallet providers. It offers a comprehensive service that should suit a lot of cryptocurrency investors. You can use this Bitcoin wallet online, with the ability to link to your bank account and very easily move money around when needed. It supports most of the popular cryptocurrencies, including Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Bitcoin Cash (BCH), with more coins expected to be added in the future.
eToro is a social trading platform based in Cyprus.
The company has revolutionised the online trading industry by introducing innovative ways for traders to capitalise from the financial markets.
eToro is a multi-asset platform which offers CFD and non CFD products.
75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
eToro dubs itself a “social trading network.” It offers Copy Trading to investors (where you mimic the transactions of a more experienced trader or let other investors copy you) and supports trading contract for difference (CFD) contracts.
They’ve been around since 2007, though they only began supporting cryptocurrencies for traders in 2017.