Cryptocurrency exchange or digital currency exchange is a business that involves the exchange of cryptocurrencies with other assets such as money or any other digital currency. It is a web service that provides electronic transactions in electronic forms and charges fees for them.
Any transaction or operation at Digital Currency Exchange can be carried out through debit and credit cards, money order or any other type of money transfer. This article is about the various cryptocurrency exchanges that make it easy for beginners to trade cryptocurrencies and what they offer in terms of availability, ease of use, security, deposit / withdrawal methods, and fees. We hope this guide to cryptocurrency trading can help you get started with cryptocurrency exchanges. Coinbase / GDAX
Coinbase is one of the largest cryptocurrency exchanges based in San Francisco, California. It is available in 32 countries and currently serves more than 10 million customers. Launched in 2012, it has a user-friendly interface that makes digital currency exchange an easy task for a non-technical person. It is also available for iOS and Android. Unfortunately, Coinbase does not provide cryptocurrency mining for beginners and it is only an exchange. As of now, it offers four currencies, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. Exchange digital currency with US dollars, euros, and British pounds. With minimal transfer fees, Coinbase has never experienced any security breaches, making it a perfect platform for digital currency biexm exchange. Besides that, Coinbase also offers a fully developed advanced exchange called GDAX. It offers more advanced features and different and better trading fees than Coinbase. Bitstamp
Bitstamp is another platform that provides digital currency exchange. It is relatively easy to use and offers more advanced features through TradeView. Bitstamp offers currencies like Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and ripple. Exchange digital currency with US dollars and euros. You can put all the latest crypto currency trading techniques into practice on this exchange. It offers flat deposits via bank transfers and accepts debit / credit cards. Perhaps the only downside to be found on Bitstamp is the slightly high fees and the fact that it suffered a security breach in 7 years of operation. Nonetheless, it is one of the most reliable exchanges. It is available on both iOS and Android.
Gemini is a UK based company launched in 2015 by the Winklevoss twins. It is available in select countries, including the US, Canada, Hong Kong, Singapore, and South Korea. One of the downsides to this platform is that it is not particularly user friendly. Therefore, it is not recommended for beginners to use this platform.
It offers two coins and 1 flat coin Bitcoin Cash, Ehtereum and US dollars. Gemini follows strict protocols when it comes to security and, as of 2018, it has not found a single security breach, making it one of the most secure and reliable digital currency platforms. However, it is important to have digital currency investment strategies before you start trading.
Digital ticks is a modern crypto exchange that aims to change the rules of the game in this sector. They have implemented many of the latest techniques, making it easy for anyone to start trading.
It has a unique feature called Single Portfolio View that would allow traders to view all holding positions in a single portfolio. It would be easy for traders to make informed decisions regarding cryptocurrency exchange using this unique feature. It also supports Bitcoin, Ethereum, Litecoin, and Dashcoin.