Uploaded on Mar 7, 2020
Looking forward to buying altcoins but don't know which Exchange to trust? If that's the case, then you've come to the right place. In this article, you will get to know about the Best Altcoin Exchanges worldwide that are not only secure but offer the maximum number of cryptocurrencies.http://bit.ly/38v98DZ
Best Altcoin Exchanges That Provide Trading Services For Most Crypto Coins
Crypto World At Your Finger Tips!
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Best Altcoin Exchanges That Provide
Trading Services For Most Crypto Coins
www.cryptoknowmics.com
Looking forward to 2
buying altcoins but don't
know which Exchange to
trust? If that's the case,
then you've come to the
right place. In this article,
you will get to know
about the
Best Altcoin Exchanges
worldwide that are not
only secure but offer the
maximum number of
cryptocurrencies.
www.cryptoknowmics.com
3
What Do You Understand By A Crypto Exchange?
● A cryptocurrency exchange allows the investors to sell, buy and
trade digital currencies for both fiat to crypto or crypto to crypto exchanges.
Now that you are looking for an exchange to buy Altcoins, one of the
necessary things you would look out for is the number of altcoins offered in
the Exchange.
● Although security and functionality should be the priority of anyone looking
to trade in cryptocurrencies, how much crypto coins are being offered is also
one of the significant factors to consider.
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What To Look For Before Joining A Cryptocurrency
Exchange?
Don't know what to check in a cryptocurrency exchange? Here are the basic
and essential factors you must review before you start trading
cryptocurrencies in an Exchange.
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Reviews - If you are looking forward to a trustworthy crypto exchange, the
best way is to go through its reviews. Make sure you check all the reviews and
experiences from industry leaders as well as individuals.
Charges - Don't forget to check the fee-related information of the Exchange
which you can find on their respected websites. If you are new to the sector,
do a little research on various types of fees including that charged on
withdrawal, deposit and transaction.
Available Payment Options - Before you start trading in an Exchange, it is a
must for you to check what payment methods are available on the platform.
The less the number of payment options available, the less convenient it would
be for you.
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Verification - Most of the Altcoin Exchanges need verification to
process deposits as well as withdrawals. Although there are a few who
will let you trade anonymously, you must take some pain and get
through verification if you want a trustworthy platform.
Accessibility - Some functions offered by exchanges are often limited
to certain countries. So you need to make sure that the Exchange you
are going to join offers complete access to its functions and tools in
your area.
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List Of The Five Best Altcoin Exchanges Worldwide
With a wide range of Crypto Exchanges available today, it is not easy to
choose the one that is best in every possible way. While it's your
decision to make, we could at least help you shortlist one of the most
reliable crypto trading platforms available in the world. Let's get started
with the best Cryptocurrency Exchanges in the world, which offers
excellent functionality as well as exceptional security measures with
user-friendly platforms.
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1.Binance
● The Malta-based Cryptocurrency Exchange raised 15,000,000 USD
in its ICO on 21st July 2017. Binance is the top and most famous
exchange that has grown rapidly since its ICO.
● The centralized Exchange also provides a decent discount for those
who trade using its native cryptocurrency, BNB coins. Users around
the world can use Binance Global platform to trade in
cryptocurrencies except those living in the USA and Singapore.
● Binance Global platform provides 10% off on trading fees on sign up
for its Global users except those residing in the USA.
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2. Bitmex
Developed by a talented group of high-frequency traders, economists
and web developers, BitMex is a high volume cryptocurrency exchange.
The best thing about BitMex Exchange is that you will never face
liquidity issues with your crypto assets.
Although the primary currency supported by the Exchange is Bitcoin, it
also provides services for altcoins including Ethereum, Litecoin,
Cardano, Bitcoin Cash, Ripple etc.
You can register for the crypto trading platform using your email ID and
get started.
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3. Bitfinex
● Hong Kong-based crypto exchange, Bitfinex is one of the largest
crypto trading platforms in terms of its users and volume. The
Exchange charges 0.1% fees for makers and 0.2% for takers, which
is quite decent as compared to other platforms.
● the Exchange provides trading for various altcoins. Some of the top
altcoins it supports are Dash, Ethereum, Monero, Litecoin, Zcash,
EOS, Ripple, IOTA, Bcash, Ethereum Classic and many more.
● Unlike other Altcoin exchanges, here you are allowed to trade using
USD with wire fees starting from $20. The trading fees for various
altcoins vary from 0.1% to 0.8%.
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4. Coinbase
● Unlike many other famous Exchanges, Coinbase is a brokerage
which lets you buy crypto assets directly from the platform instead of
other users. The crypto trading platform is based in San Francisco,
California and is considered as a beginner-friendly exchange
because of its simple user interface.
● Coinbase offers 1.49% trading fees if you'll buy directly from the bank
and 3.99% fees for purchasing through credit and debit cards.
● As a brokerage, Coinbase's trading fees are low if compared to other
Exchanges; hence it is a decent option for crypto traders.
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5. ChangeNow
● ChangeNow is a non-custodial exchange which is why it is preferred
as one of the best options to get a hold of Bitcoins as well as altcoins.
● ChangeNow has a user-friendly and straightforward interface with
many advanced features available on the platform. ChangeNow
helps you get the best price on crypto trading by connecting you to
one of the most reliable crypto exchanges in the market.
● It can take up to 2 to 20 minutes to process your crypto-to-crypto
Exchange. You can trade in Cryptocurrencies on ChangeNow
platform using your VISA or Master cards. Make sure you have a
wallet for receiving new coins.
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Things To Remember
● So, these were some of the top cryptocurrency exchanges you can
use to buy Altcoins of your choice. These exchanges support almost
all of the altcoins anyone would be interested in. However, if you
want, you can also check some of the other famous crypto
exchanges out there.
● Crypto exchanges are prone to large-scale hacks like the one that
happened with Mt. Gox, which is why it is recommended not to use
these exchanges as a wallet to store your assets. Instead, you can
use a wallet like Atomic or Ledger Nano S that allows you to have
control over your private keys.
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Which Crypto Exchange Is Ideal For You?
Finding the best Altcoin exchange that fits all your needs can be really
painful as well as an exhausting process. While you would have to
decide it yourself which altcoin exchange is ideal for you, this article can
help you shortlist the best crypto exchanges available in your area that
can be trusted and provides the maximum functionality at the same
time.
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Conclusion
There are various measures you need to consider before registering for
a particular platform that includes the trading charges, security,
reputation of the Exchange, verification procedure etc. If you are not
satisfied with any of the exchanges mentioned above, remember that
you don't need to stick to using only one crypto trading platform.
Sources
https://www.cryptoknowmics.com/news/best-altcoin-exchanges-
that-provide-trading-services
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For any further queries or clarifications please
contact at
- [email protected] - www.cryptoknowmics.com
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