The cryptocurrency craze is spreading like wildfire, and people are scrambling to learn and understand how it works, what they need to do to start investing, and which secure exchange platform is secure?
Due to the Rise in cryptocurrency clients, you can now find an increasing number of exchanges that allow people to buy and trade.
Here we will tell you about the three best cryptocurrency exchanges platforms.
Coinbase operates in over 32 countries at the moment with plans to expand to more. It’s an open protocol that allows anyone to use it for free.
GDAX is one of the biggest crypto exchanges globally and charges zero fees for makers or takers.
Best Cryptocurrency Exchanges
There are many cryptocurrency exchanges such as GDAX, Coinbase, Kraken.
If you are interested in bitcoin trading check what makes a good bitcoin exchange.
And if you want to buy cryptocurrency but don’t have a credit card or bank account, then take a look at Kraken. All three platforms offer the best options for beginners and experts alike.
Below we will discuss some cryptocurrency exchanges one by one to facilitate you.
GDAX
GDAX is one of the most popular cryptocurrency exchanges, with over $150 billion in trading volume in 2017.
GDAX is one of the most popular cryptocurrency exchanges on earth. Initially founded by Brian Armstrong and Fred Ehrsam, Coinbase’s identity as a global blockchain platform was cemented when they hired David Marcus to be Vice President of their newly formed “Commercial Bank.”
The cryptocurrency market is very volatile, with prices fluctuating wildly daily. Exchanges are designed to allow investors to buy products without directly interacting with any currency.
Cryptocurrency is a new asset class that is more volatile than the stock market or traditional currencies.
And while some may see it as an investment, many are simply looking for a place to buy and sell.
Options are currently limited, but GDAX, Coinbase’s sister exchange, is the newest option with its generous coin selection and seamless interface.
Coinbase
Coinbase is the world’s most popular cryptocurrency exchange, with over ten million customers. It has an easy-to-navigate interface, intuitive design, and a wide variety of cryptocurrencies.
Coinbase capitalized on approximately USD 1.3 billion in trades last year alone.
Coinbase launched its mobile app in 2015, proven immediately successful, having been downloaded over 10 million times.
Cryptocurrencies were once seen as fringe technologies only embraced by tech-savvy users, but now they are becoming more mainstream.
Coinbase is a cryptocurrency exchange that makes buying and selling cryptocurrency easy.
It supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and more.
The company has been around for over six years, with its headquarters in San Francisco, and it operates exchanges in 32 countries and around the world.
Kraken
Kraken is one of the largest cryptocurrency exchanges in the world. A Bitcoin exchange offers margin trading, deep liquidity, and competitive fees.
They have since expanded to include Ethereum and other coins, including Monero, Dash, Litecoin, Zcash. Kraken offers fee-free deposits in EUR or USD with SWIFT transfers for euros and wire transfers for dollars – the broadest range of funding options available anywhere.
The platform offers both centralized and decentralized trading for many cryptocurrencies and fiat currency support.
In 2016, Kraken was hacked and lost 456 bitcoin. The company offers different levels of verification based on the level of identification required to ensure that all customers can trade comfortably.
Cryptocurrency exchanges allow people to go online and buy and sell cryptocurrencies for other digital currencies or fiat currencies.
Kraken is one of the oldest Bitcoin exchanges in operation, with millions of dollars worth of trades each day.
It offers a suite of tools, including market data, trade execution and order management systems. Kraken got the award of “best new bitcoin company”.
Final words
Many exchange platforms exist now.
Coinbase is well-known among cryptocurrency enthusiasts in the US since it is one of the first mainstream exchanges in the country.
It offers a secure platform, detailed trading graphs, and an in-depth knowledge base to help newcomers enter the market quickly.
Above, we have told you about secure exchanges Platforms.