Bitcoins took the world by storm a few years ago by offering a monetary alternative to the government-backed currencies we all know and use on a daily basis. Digital currencies or crypto currencies are easier, more secure and offer greater privacy than traditional currencies.
That, coupled with the fact that the value of Bitcoin compared to the dollar or the euro has skyrocketed in recent years, has caused many people to embrace it as a great investment opportunity. Unlike any traditional currency, there is a finite number of Bitcoins (maximum 21 million Bitcoins by 2140) meaning Bitcoin's value potentially increases over time with increasing demand and limited supply.
If you are looking for the best platform to trade cryptocurrency, you may have noticed that there are many different options available to choose from: Coinbase, Gemini, Kraken, Cex.io… It can be quite overwhelming!
That, coupled with the fact that the value of Bitcoin compared to the dollar or the euro has skyrocketed in recent years, has caused many people to embrace it as a great investment opportunity. Unlike any traditional currency, there is a finite number of Bitcoins (maximum 21 million Bitcoins by 2140) meaning Bitcoin's value potentially increases over time with increasing demand and limited supply.
If you are looking for the best platform to trade cryptocurrency, you may have noticed that there are many different options available to choose from: Coinbase, Gemini, Kraken, Cex.io… It can be quite overwhelming!
In this article we review the top 20 Bitcoin exchange platforms.
It is true, however, that it is not worth analyzing these sites if you do not really know the evaluation criteria first, right? To make sure that this is the case, I will first do a quick summary of the most important aspects to consider when buying cryptocurrencies.
Some of the cryptocurrency exchanges that we will be looking at are:
- Coinbase (the one with the most users)
- eToro (best if you are also interested in trading)
- Cex.io (very easy to use)
As usual in the world of cryptocurrencies, you will come across hundreds of possibilities: what if multi-currency wallets, what if downloadable, what if apps, etc.
The Evaluation Criteria for Choosing a Crypto Exchange
Before signing up with any type of cryptocurrency exchange, the first thing to find out is about their security measures, previous history of security breaches (if any), fees and prices, variety of coins, etc.Security is a no-brainer: If the exchange doesn't have fundamental security measures in place, it's not even worth looking into. However, some sites go further than offering basic security features; an example of this would be two-factor authentication (2FA) or creating custom PIN codes.
Another element to consider is that the platform is easy to use. In other words, that the registration and verification processes are fast, and that the user interface is simple and intuitive.
Processes like trading, exchanging, and buying cryptocurrencies must be foolproof and very easy to execute. Access to the wallet and security settings are also very important details.
Another important aspect to consider is to check in which currencies you can buy / sell or exchange bitcoins: do you want to trade bitcoins in dollars, euros or other currencies? The location of the company usually gives a clue of what the site is going to offer but, in general, the most popular sites have several options to buy bitcoins.
Although I always advise doing your own research before investing, I hope this article helps you.
NOTE: In addition to being able to buy and store Bitcoins in Bitcoins wallets, these are absolutely essential to earn Bitcoins with the "Faucet" (Taps). If you still do not know these sites, I advise you to read the article that we have written with the recommendation of the best Faucet sites to Earn Bitcoins
Here is the table of the best exchangers to buy bitcoins online in my opinion:
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Once you have some coins, it's a good idea to store the coins in an offline wallet (not on an exchange). When you want to buy or sell cryptocurrencies, the safest thing to do is to transfer the coins from your offline wallet to the exchange.
Although the bitcoin protocol has never been hacked, many peripheral businesses have. Perhaps a better question would be: what are the least secure bitcoin exchangers? In general, the ones mentioned in this article are the ones that offer the most guarantees and have the best reputation, but you must always proceed with caution. Remember that you should never leave more BTC online than you can afford to lose.
If you are interested in the subject, you can read the article we wrote about these sites with our personal recommendations for the best Faucet pages .
Pros
Localbitcoins is quite a popular wallet for p2p (person to person) transactions worldwide. In short, it is a good wallet to interact directly with the person who is buying or selling you bitcoins.
Pros
The 10 best sites to Buy Bitcoins and Cryptocurrencies
01.CoinBase
Score: 9.85Information
- Company: CoinBase
- Location: San Francisco, USA
- Ease of use: 100%
- Online Trust: A+
- Bitcoin purchases with: Credit card and bank transfers
- Currencies: USD, Euros, Pounds and more.
- Description: Coinbase is available in more than 30 countries since 2017, and is the world's largest Bitcoin exchanger. Users can buy cryptocurrencies with a connected bank account, SEPA transfer, Interac Online and many more payment methods. The platform is very easy to use and has never suffered from any security issues.
- Own wallet: Yes, you can use coinbase as your own wallet to store cryptocurrencies.
- Bonus of 10 dollars (or 8 Euros) when exchanging 100 Dollars (or 84 Euros) in cryptocurrencies.
- Full CoinBase Review
- Register on CoinBase
02.eToro
Score: 9.70Information
- Company: Etoro (Europe) Ltd.
- Ease of use: 100%
- Online Trust: A+
- Bitcoin purchases with: Credit Card, PayPal, Neteller / 1-Pay, Skrill (MoneyBookers), WebMoney, GiroPay (available only in Germany), Bank Transfer
- Currencies: 200 currency pairs, stocks, indices, commodities and cryptocurrencies
- Payment methods: Credit card, PayPal, Neteller / 1-Pay, Skrill (MoneyBookers), WebMoney, GiroPay (available only in Germany), Bank transfer
- Minimum Deposit: 1000 Euros
- Description: eToro is a reliable online broker . If you decide to operate with him, you can be calm about your money, because you will not suffer any scam or scam. The main reasons we can use to make this claim are that it is registered with the Cyprus Securities and Exchange Commission (CySEC) and that it is part of a Cyprus investor compensation fund that covers broker negligence, if it occurs. .
- eToro Registration
03. CEXIO
Score: 9.50Information
- Description: CEX.IO
- Location: London, England
- Ease of use: 100%
- Online Trust: A
- Buy Bitcoins with: Credit card, Bank transfers and Ethereum
- Currencies: USD, Euros, Pounds, RUB
- Open Wallet on CEX.IO
04. Poloniex
Score: 9.50Information
- Company: POLONIEX
- Location: Delaware, USA
- Ease of use: 50%
- Online Trust: A+
- Buy Bitcoins with: Crypto Currencies
- Currencies: Crypto Currencies
- Open POLONIEX Wallet
05.Binance
Score: 9.30Information
- Company: Binance
- Location: Japan
- Ease of use: 50%
- Online trust: B+
- Buy Bitcoins with: Bank transfers, Altcoins
- Currencies: USD, Euros, Pounds, CAD, JPY
- Description : Binance began its adventures in China in July 2017 after a financing of 15 million dollars raised during an initial coin offering (ICO). But just that year he had to move his offices to Japan because the local government prohibited the sale of cryptocurrencies. Thus, by March 2018, Binance was already the exchange with the largest number of global operations and had offices in both Japan and Taiwan.
- Open Account in Binance
06.Kraken
Score: 9.30Information
- Company: Kraken
- Location: San Francisco, USA
- Ease of use: 50%
- Online trust: B+
- Buy Bitcoins with: Bank transfers, Altcoins
- Currencies: USD, Euros, Pounds, CAD, JPY
- Description : Secure and reliable site with low transaction fees. They exchange more than 150 cryptocurrencies.
- Open Kraken Wallet
07.Changelly
Score: 9.20Information
- Company: Changelly
- Location: Prague, Czech Republic
- Ease of use: 95%
- Online trust: B+
- Bitcoin purchases with: Credit card and cryptocurrencies
- Currencies: Cryptocurrencies
- Description: With Changelly you can exchange your Cryptocurrencies at the best rates.
- Register at Changelly
08. CoinMama
Score: 9.10Information:
- Company: CoinMama
- Location: Delaware, USA
- Ease of use: 50%
- Online trust: B+
- Buy Bitcoins with: Credit card and bank transfers
- Coins: 75 Cryptocurrencies
- Description: Available in 188 countries, it is one of the most secure platforms-
- Open Wallet in CoinMama
09.Blockchain
Score: 9.05Information
- Company: Blockchain
- Location: Luxembourg
- Ease of use: 10 0%
- Online trust: B+
- Buy Bitcoins with: Credit card
- Currencies: Euro
- Open BlockChain Wallet
How to buy Bitcoins using this list of exchangers?
I hope this list of bitcoin exchangers can serve as a reference for you to start trading Bitcoins. From here, one can easily find out the different options you have to buy bitcoins through credit card, paypal, cash, bank transfers...Once you have some coins, it's a good idea to store the coins in an offline wallet (not on an exchange). When you want to buy or sell cryptocurrencies, the safest thing to do is to transfer the coins from your offline wallet to the exchange.
Where to find the most secure Bitcoin exchanger?
This is an important question that one should ask. And yes, putting the words "bitcoin exchanger" and "trust" in the same sentence seems like an oxymoron, especially when you think back to the bright days of MtGox (aka Empty-Gox).Although the bitcoin protocol has never been hacked, many peripheral businesses have. Perhaps a better question would be: what are the least secure bitcoin exchangers? In general, the ones mentioned in this article are the ones that offer the most guarantees and have the best reputation, but you must always proceed with caution. Remember that you should never leave more BTC online than you can afford to lose.
How can you earn Bitcoins online ?
On the Internet, in addition to buying, selling and exchanging Bitcoins, Bitcoins can be earned through multiple systems. One of the most popular and easiest methods is through so-called "faucet" sites.If you are interested in the subject, you can read the article we wrote about these sites with our personal recommendations for the best Faucet pages .
PROS and CONS of the best bitcoin exchangers:
coinbase
Coinbase combines an attractive interface and is a great place to earn bitcoins with a debit/credit card as well as providing multiple online wallets to accumulate bitcoins. It has more than 4,800,000 registered users, including 45,000 merchants and 9,000 developer applications. It works well internationally. Of all the bitcoin sites listed here, this is one of the first and most reputable.Pros
- very easy to use
- Many long-term clients
- Online wallet available
- You need to provide more documents than other wallets to verify the account
localbitcoins
Localbitcoins is quite a popular wallet for p2p (person to person) transactions worldwide. In short, it is a good wallet to interact directly with the person who is buying or selling you bitcoins.
Pros
- A great way to meet people
- They have PayPal
- no verification needed
- Popular in most countries
- It may take more time to conclude the transaction
- Risks Associated with Anonymous Transactions
- Some bank accounts have been suspended after receiving money
cex.io
CEX is one of the international bitcoin exchanges that accept Euros, British Pounds, US Dollars, Russian Rubles, and Ethereum. For all these reasons, CEX is very popular in these regions. One of the things I like the most about this site is the transparency they provide to users detailing how much they are actually going to pay - even before signing up. The page has the best security measures, a modern interface, and accepts bank transfers or purchases with credit cards. Pros
Pros
- Accept bank deposits and credit cards
- very easy to use
- Users know how much they are going to pay before signing up
- Ethereum buying and selling is available
- Some bank accounts have been suspended after receiving money
Poloniex
Poloniex is, without a doubt, one of the best cryptocurrency exchangers. Because? Well, first of all due to the large number of users who come to this platform to trade their electronic currencies. Poloniex has experienced extremely rapid traffic growth since the demise of its rival Cryptsy in 2016, and especially since the recent altcoin bubble of early 2017. Us site traffic has grown from 7 million monthly visits in February 2017 to 30 million in May 2017. Second Poloniex has one of the best trading interfaces on the net. What to keep in mind before signing up that as Poloniex is a pure "crypto" exchange, it is not possible to deposit money from any government. To use Poloniex,Pros
- It is the most popular pure crypto exchanger
- Good trading margin (up to 4x)
- It has one of the best interfaces for both mobile and desktop browsers
- It is not possible to deposit money from any government
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