Thursday, 7 December 2017

What Crypto Exchange Should I Use?



A quick list of some of the exchanges that I recommend using if you are looking to buy new coins, tokens or start dabbling into trading

Binance
One of the freshest exchanges that has breathed a bit of new life and excitement into your standard crypto exchanges. Offering one of the lowest fee's if using their own token and one of the best mobile trading apps it comes high on my list of exchanges to use

KuCoin
As with Binance Kucoin is one of the newer exchanges on the market that comes with an incredible set of tools to use and is incredibly fresh, it makes Bittrex and Poloniex look dated. In my eyes this and Binance will be the biggest in the next few years

One of the most different exchanges availible on the web, transactions only cost 0.5% and you can do it straight from a debit card. Crypto to Crypto exchanges are very simple and done at the press of a button and no long winded verification process is required. Definitely in my top two

Bitfinex
Based out of Hong Kong and operational since 2014 Bitfinex is great for newcomers who generally aren't looking for in depth trading tools and want a clean and easy to use exchange. Bitfinex also allows trading with USD which alot of the others dont

Bittrex
Bittrex is a US-based cryptocurrency exchange that provides you the option to trade more than 190 cryptocurrencies at a time. They are well-regulated and compliant with all of the current US rules. Possibly one of the biggest exchanges out there in terms of volume, although as with Poloniex customer service can be somewhat questionable

Poloniex
Operational since January 2014 and is undoubtedly one of the biggest cryptocurrency exchanges in the world. It is based out of the United States and offers +100 cryptocurrencies to its users to trade. Sets the record for ETH trading at one point although now it feels a bit outdated and again customer service can take weeks to get back to you if at all


As always trade at your own risk and dont trade what you cant afford to lose. Do not hold your coins in exchanges always get the appropriate wallet and hold them in their unless you are considering quick trading, which I unless you are highly experienced I would stay away from

One of the best profits I've made is from holding coins from doing my own research

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