Want to get in on the cryptocurrency wave but don’t know where to start? In this article, I will go over the top three cryptocurrency exchanges this 2018.
Most of them don’t make it very easy to purchase and trade cryptocurrency or bitcoin. Some of them, in fact, have already closed down.
When determining which exchange I wanted to go with I looked at a variety of factors. They included exchange rates, ease of verification, reputability, as well as a backend that can give me all of the analysis tools I need to accurately assess the market.
I also wanted the freedom to trade between various cryptocurrencies since at the moment there are over two dozen. Just like in any investment, a huge believer in diversification so it’s important to me to have a variety of choices.
With all that said, let’s go into what I believe are the top three exchanges you can use right now to buy and invest in cryptocurrency.
GDAX, also known as Coinbase, is probably the most used platform right now on cryptocurrency. You can check out their website here.
Bittrex at the moment is probably my 2nd favorite cryptocurrency exchange site, barely beating the company in our #1 position. The only reason it loses it’s spot is due to the longer verification process that it takes to sign up, but aside from that, the investment options and opportunities are virtually limitless.
You can view their site here, but at the moment their site is closed off to future registrations.
Right now, my all time favorite is currently Binance. They have an amazing backend with detailed market analytics, perfect for a math freak like I am. You can also purchase dozens of different currencies and trade between them quite easily. They also have a very simple verification process that only took me two days to get approved.
This is probably your best bet whether you’re just starting out or you’re an advanced trader.