Cryptocurrency Exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies. A cryptocurrency exchange can be a market maker that typically takes the bid-ask spreads as a transaction commission for is service or, as a matching platform, simply charges fees.
Best Cryptocurrency Exchange platforms
Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges in approximately 32 countries, and bitcoin transactions and storage in 190 countries worldwide. Coinbase has two core products a Global Digital Asset Exchange (GDAX) for trading a variety of digital assets on its professional asset trading platform, and a user-facing retail broker of Bitcoin, Bitcoin Cash, Ether, Ethereum Classic, and Litecoin for fiat currency. It also offers an API for developers and merchants to build applications and accept payments in both digital currencies. As of 2018, the company offered to buy/sell trading functionality in 32 countries, while the cryptocurrency wallet was available in 190 countries worldwide.
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for a credit card to nearly anyone in the world. it is Virtual currency is becoming more popular by the minute. It’s starting to seem that everyone wants in, yet it isn’t always so easy to get a hold of. For instance, the process for purchasing Bitcoins by bank transfer is a lengthy process that in some cases can take days, approving your documents can also take a while, so until you actually get your order processed it could take some time. CoinMama is here to change that. We now offer the quickest way of purchasing virtual currency online using your Credit, Debit Card or Cash, so you’ll receive your coins within minutes.
Bitpand is an Austrian cryptocurrency exchange that specializes in selling and buying Bitcoins and other cryptocurrencies. Bitpanda.com is a fully automated platform As soon as payment is confirmed, the Bitcoins and other cryptocurrencies are automatically sent to the buyers. Bitpanda supports only the most European countries. Users from the USA or outside Europe couldn’t use Bitpanda.
Luno is a bitcoin-related company headquartered in London Luno facilitates bitcoin storage and transactions such as buying, selling and paying through their bitcoin wallet services. They also operate exchanges between traditional currencies and bitcoin. it is a global exchange that supports Europe and other countries like South Africa, Nigeria, Malaysia, and Indonesia. Europeans can buy via SEPA transfer. Users from the other countries listed can buy using local bank transfer.
CEX.io is a cryptocurrency exchange and former Bitcoin cloud mining provider. As an online digital currency exchanger, CEX.IO offers trading cryptocurrency for fiat money, such as USD, EUR, GBP, and RUB.it is a global Bitcoin exchange that sells bitcoin, litecoin, ether and a bunch of other coins. CEX supports most countries via credit card and bank transfer so it’s a great way to make your entry into cryptocurrency.
LocalBitcoins is a bitcoin startup company based in Helsinki, Finland. Its service facilitates over-the-counter trading of local currency for bitcoins. Users post advertisements on the website, where they state exchange rates and payment methods for buying or selling bitcoins.it is very different than the exchanges listed above. LocalBitcoins allows buyers and sellers to agree on payment methods together and simply acts as escrow for the transaction.