Top Cryptocurrency Exchanges to Use When Buying Bitcoin
Whether you are looking to
buy bitcoin, buy ripple, or buy any other form of cryptocurrency, the best a place to start is to find yourself a top cryptocurrency exchange. These are
places where you can buy and transfer cryptocurrencies with ease, whether you
are a first-time buyer or have a lot of experience in trading.
Below, you will find a top
list of the best cryptocurrency exchanges which offer the lowest fee to buy
bitcoin and other altcoins and the best all-around service.
Binance
The team at Binance are
rapidly evolving their service to make it better for users with each passing
day, and they are a great option for all your trading needs. Whether you are an
experienced trader or not. They offer two different interfaces in this respect,
basic and advanced, so they can help you grow and evolve from a rookie to a vet
over time, which is certainly one of their USPs.
In other areas of their
service, they are also great for this via their blockchain academy which is
full of guides and tutorials which can help you better your trading
capabilities. They also offer their own native currency, Binance Coin (BNB), a
top ten cryptocurrencies, which you get discounts on trading with on their site.
They are currently ranked the fifth-largest cryptocurrency in the world but are
rapidly growing thanks to their evolving services.
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Top Cryptocurrency Exchanges to Use When Buying Bitcoin |
CEX
CEX provides a service to
over 7000 customers and prides themselves on their straightforward service that
allows you to buy a wide range of cryptocurrency. You can buy bitcoin with a
credit card or bank transfer here and then use that to buy ripple, buy Ethereum
or buy any number of popular and niche cryptocurrencies.
One of the best things about
their service is the ability to trade at high volumes thanks to offering order
book liquidity. They have a secure service compliant with PCI DSS standards,
the essential licensing, and pledge to offer fair prices when you are selling.
All of which allow you to trust CEX for your trading needs. They are also
available in 99% of countries.
LocalBitcoin
LocalBitcoin is different in
their approach to other exchanges as they are completely decentralized. This
means when you buy bitcoin, you will buy it from other users of their service.
When it is time to trade your bitcoin and buy ripple, then the same concept
applies, and you will be selling that bitcoin to other users in the network.
They use location services so
that you will find traders who are within your country or region, which adds to
the reliability aspect of their service and is where they take their name from.
You will find all the local traders on your interface with the different prices
they are offering so you can compare and contrast to get the best deal for you.
Speaking of the best deal,
they also charge no fees for regular trading, which of course, makes them one
of the places with the lowest fee to buy bitcoin and other altcoins.
Kraken
Kraken, as its main
competitors eToro is one of the most tried and tested platforms to buy
bitcoin, having offered trading from as early as 2011. This makes them one of
the oldest and most tried and trusted exchange platforms out there. However,
they have managed to keep up with the times with expert service by offering one
of the widest selection of cryptocurrencies that can be traded via their
innovative service.
They have a lot of
authorities that back them up on their reliability too. They have backing by
independent news media, as well as countless institutions and authorities. Not
to mention thousands of traders too.
At Kraken, they also produce
daily market reports helping you judge your trading decisions and offer access
to services such as margin and futures cryptocurrency trading. They also have
no flat fee, so when you make use of their 70+ trading pairs, it will be all be
reflective of the coins you are dealing in.
Take your pick from this top
list of the best exchanges where to buy bitcoin, buy ripple or any other
cryptocurrency as they won’t steer you wrong and all offer the lowest fee to
buy bitcoin and other altcoins possible.
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