Cryptocurrency exchanges, whether centralised or decentralised, offer the easiest option to trade your Bitcoin and other currencies. Some exchanges require you to connect a separate wallet to your account. Apart from adding hassle to the process, linking a separate wallet can increase the risk of cyberattacks. Fortunately, the majority of the best cryptocurrency exchanges offer built-in wallets which keep your funds safe and within easy reach.
CEX is a fully-licenced, multifunctional exchange which is based in the United Kingdom. It is available worldwide and accepts a decent variety of cryptocurrencies, including less-known options such as Zcash and Bitcoin Gold. CEX accepts payments with cards, and you can use fiat currency to buy and sell cryptocurrency.
CEX is used by both novice traders and experienced investors. Its user-friendly interface and simple design make it easy to use by first-time traders. The platform also offers advanced trading options, including margin trading, which are normally preferred by more experienced traders.
Coinbase is one of the largest cryptocurrency exchanges in the world and offers an extensive range of options and tools. The platform offers a standalone wallet called Coinbase Wallet, but you don't need to have this in order to store your currency directly on the exchange.
Coinbase is one of the most secure exchanges and suitable for both new and experienced traders. It only offers a handful of different currencies, so you might seek a Coinbase alternative if you are looking for a specific and less popular coin.
Accepting only crypto to crypto transactions, Binance is an exchange which is normally preferred by more experienced traders. The platform accepts a large number of Altcoins, including Qtum, Ethereum Classic, and Dash. It is available to users worldwide and is known for charging low trading fees.
Binance is a leading exchange, which allows traders to invest in innovative products, such as IEOs. It supports investors through a range of tools, including crypto graphs and analysis. Nevertheless, due to its lack of fiat currency option, some traders prefer choosing an alternative to Binance.
ZBX is a regulated cryptocurrency exchange based in Malta, which offers a decent number of currencies, such as Cardano, Tether, and Aeternity. The platform is one of the safest in the industry and offers 2 Factor Authentication (2FA) to all of its users.
You can buy and sell Bitcoin and other cryptocurrencies on ZBX using both fiat and cryptocurrency. Cards are the preferred method of payment since they offer instantaneous funds, however, bank transfers are possible too. The platform does not charge any deposit fees, and its trading fees are very competitive.
Kraken has built one of the strongest reputations in the industry, and beyond, becoming a trusted institution in Europe and Japan. It is extremely safe and offers users the option to enable 2FA. Kraken allows you to trade crypto in a variety of ways, including using fiat currency and card payments.
The platform allows you to trade with more than a handful of currencies. Apart from Bitcoin and Ethereum, you can use Kraken to buy Iconomi, Stellar, and Monero, amongst several other currencies. Kraken also supports advanced trading products, such as trading on margin and Bitcoin shorting.
Bitfinex first started operating as a P2P Bitcoin exchange, similar to LocalBitcoins. However, over time it developed into one of the largest exchanges, allowing crypto and fiat currency trades. While it accepts bank transfers, Bitfinex does not accept card payments.
Ideal for both novice and experienced traders, Bitfinex offers the right combination of simple user interface and advanced trading options. Your platform accepts low deposit minimums for fiat currency and allows high volume trading. Furthermore, its fees are below the market average.
Bitpanda is a simple cryptocurrency exchange which allows you to invest in Bitcoin and a few other currencies. It is based in Austria and counts over one million users worldwide. Although not the biggest exchange in this list, Bitpanda has built a reputation on offering a safe and user-friendly experience for traders to carry out trades.
You can trade cryptocurrency with Bitpanda using other cryptocurrency or fiat currency. Bitpanda accepts card payments and bank transfers in EUR, GBP, USD, and CCF. It accepts very small minimum deposits and offers a very transparent fee structure.