Cryptocurrency
8 Best Cryptocurrency Platforms To invest in.
Cryptocurrencies are digital money that does not exist in physical form and is not issued by a central authority. In short, it is completely an online currency where you can transfer cryptocurrency to someone online without using an intermediary such as banks. You can also use it as a payment method that can be exchanged for goods and services.
Bitcoin was the first cryptocurrency released as open-source software in 2009. Since then, other digital currencies have been created. Thus, cryptocurrency trading has expanded as there are now a large number of cryptocurrency brokers with different levels and expanded options.
We offer you the best platforms for cryptocurrency trading in order to make it easier for you to choose the platform that suits you.
Services: Binance trades over 180 cryptocurrency and uses 40 fiat currencies. The platform has a crypto wallet ‘Trust Wallet’. It operates in more than 180 countries and uses 16 languages.
Regulations:
• Binance is regulated by CM-Equity in EU, FCA in UK and SEC in USA.
Security and insurance:
• Binance offers advanced security features.
• All U.S. deposits at Binance.US are insured up to $250,000 for bank failure.
Deposit and Withdrawal:
• Minimum deposit: $10.
• Minimum Trade: $10.
Services: Coinbase offers 32 cryptocurrency and has a digital wallet as an app for iOS and Android. The platform is available in more than 100 countries and uses 11 languages.
Regulations:
• Coinbase is regulated by FinCEN and registered with the FCA in the US.
Security and insurance:
• Coinbase offers advanced security features.
Deposit and Withdrawal:
• Minimum deposit: $2
• Minimum trade: $2
• Withdrawal limit: $25,000 a day.
Fund Methods: Bank transfer • Credit cards • Debit cards • PayPal • Cryptocurrency wallet.
Customer service: Phone • Submit a ticket.
Services: Kraken offers more than 50 supported coins and tokens. It also allows users to trade in these fiat currencies: USD • JPY • CAD • GBP • EUR • AUD • CHF. The platform does not provide a personal wallet service. However, users can store their crypto assets for safekeeping on Kraken. And it is available in 176 countries.
Security and insurance:
• Kraken offers advanced security features and it keeps 95% of all deposits in cold storage. Furthermore, the platform has never been hacked.
Deposit and Withdrawal:
• Minimum deposit: Varies by base currency and crypto.
• Card transaction: Between $10 and $4,000.
• Hold On First Deposit: 72 hours.
Fund Methods: Bank transfer • Debit card • Credit card • ewallets.
Customer service: Live chat • Submit a Ticket.
Services: KuCoin is exclusively crypto-to-crypto exchange. It offers 200 cryptocurrency and supports more than 50 fiat currencies. The platform has Built-in Exchange Wallet. It is available in 200 countries and uses 17 languages.
Security and insurance: KuCoin uses many security measures.
Deposit and Withdrawal: Cryptocurrency.
Fund Methods: Wire Transfer • PayPal • Interac e-Transfer.
Customer service: Submit a Ticket • FAQ.
Services: Bithumb offers approximately 118 cryptocurrency, as well as Forex, CFD, Spread Betting and Social trading. The platform is available in over 194 countries and uses 15 different languages.
Deposit and Withdrawal:
• Minimum deposit: $500.
• Minimum Trade: 10,000 KRW, or about $9.
Fund Methods: Credit cards and Bank transfers.
• Bithumb accepts only KRW for deposits and withdrawals from Korean residents. All other users will need to fund their account with cryptocurrency deposits.
Customer service: Phone • Email • Live chat • FAQs.
Services: Bitfinex offers 232 pairs, crypto-to-crypto and crypto-to-currency. It also offers Forex trading, Spread Betting and Social trading. The platform uses a third-party online wallet. Furthermore, the platform is available worldwide with few exceptions and uses over 15 different languages.
Deposit and Withdrawal: Minimum $10,000.
Fund Methods: Bank Transfer • Crypto Transfer • Credit Card • Debit Card.
Customer service: Email and FAQ.
Services: Gate.io supports more than 180 cryptocurrency and it offers offline Bitcoin Wallet Technology. The platform is available worldwide with some exceptions and uses different languages.
Deposit and Withdrawal: only in cryptocurrency and the minimum order size must be at least $10 in value. For users who don’t have any crypto, they can purchase cryptocurrency from another exchange and then deposit them in Gate.io.
Customer service: Live chat • Submit a Ticket • Email. • FAQ.
Services: Bitstamp offers 14 trading pairs, crypto-to-crypto and crypto-to-fiat. It does not have a native wallet, but offers both hot and cold wallet storage. The platform is availble worldwide except Washington State and Hawai in the USA.
Deposit and Withdrawal: Minimum $50.
Fund Methods: Cryptocurrency transaction • Credit card • Debit card • Bank transfers • AstroPay • ACH.
Customer service: Phone • Email • Live chat • FAQ.
