Best Bitcoin Stock Exchanges

Going against most people’s predictions in its early years, Bitcoin shocked the world with its ability to gain momentum so incredibly fast and reached its peak in 2017 when it was valued at $19,783. Even though in January 2018 it had a huge drop up to 65%, the public perception of this digital currency will never be the same again.

After the shocking events people around the world never stop talking about Bitcoin and it’s huge potential to be a lucrative investment. As people’s interest in this cryptocurrency is growing, Bitcoin is getting easier to obtain, even by average people who don’t know much about technology.

One thing that makes Bitcoin becomes easier to access is the existence of various Bitcoin exchanges operating all around the world offering platforms where people can buy and trade Bitcoins easily. Today if you search for "Bitcoin exchanges" in the search engine, you will be overwhelmed with the available options.

Here we give recommendations for the best Bitcoin exchanges that’s available worldwide to help you choose where to buy your Bitcoin from.

Binance

As the biggest Bitcoin exchange in the world, Binance has created the largest crypto ecosystem available to Bitcoin holders. This is also an exchange that has the most users in the world, but it’s not available in the US. In Binance you can purchase Bitcoin with a debit or credit card and you can trade your Bitcoin with other cryptocurrencies.

If you want to start trading in this huge marketplace you need to register an account with your email, the overall process is pretty simple. As soon as you verified your account and funding method, you can immediately purchase your Bitcoin.

Binance also offers 0.1% trading fee, which is lower than most Bitcoin exchanges. This exchange also offers their native coin called BNB, if you trade with the BNB token at Binance you can get 25% discount on your trading activity.

eToro

eToro is a reputable Bitcoin exchange that’s available in almost every country in the globe. Besides being a great place for experienced traders, eToro is also known as being the perfect platform for beginners. Besides having a low minimum trading limit, this exchange also has a social trading platform that can be used by new traders to learn making profits from their investment by following other traders that are more experienced.

This social trading platform has an innovative CopyTrading feature that allows you to copy the trading strategies of experienced traders that have been proven to be successful.

Coinbase

If you are in the US and you cannot use Binance to trade, then Coinbase would be a great alternative. Coinbase is very popular and highly reputable in the US known to have a neat interface with iOS & Android integration helping you buy and manage your Bitcoins comfortably.

After signing up at Coinbase, you can start buying and selling Bitcoin in the platform. However, if you want to step up your game and want to do some real trading, you can go to their official exchange called GDAX. You don’t need to create another a new account, you can simply use your Coinbase login to use the exchange.

CEX

CEX is a great exchange option to buy Bitcoin for a number of reasons. They have top-notch security features and they also offer low fees at only 0.25%. There are multiple payment options you can choose, including debit card, ACH, SEPA, SWIFT, as well as cryptocurrency.

Today, their service is available in many countries all around the world as well as 31 states of the USA. Since it was founded in 2013, CEX has developed its services and its influence in the cryptocurrency market. They also have offices the USA and UK.

Kraken

Kraken is a solid Bitcoin exchange based in San Fransisco, USA, it’s also one of the largest exchanges in the country. Besides Bitcoin, Kraken also provides other cryptocurrencies to trade, including Ethereum, LINK, XMR, and much more.

Just like the other exchanges, the registration process is also pretty simple, but the verification process might take up to 2 days if you decide to fund your purchase with bank account. Various currencies are acceptable in this exchange, so you can fund your account with Euros, Yen, Canadian Dollar, USD, and others.

Even though it takes a couple of days to be verified, you will pay much less fees if you fund your purchase with bank account.

Bittrex

Bittrex offers an easy-to-use platform with a clean look that will make both experienced and new traders feel comfortable. This US based exchange is known to have a highly secure trading platform that handles one of the biggest amount of BTC trading volumes in the world.

Registering a new account in Bittrex is easy, you just need to verify with your email account and you’re done. However, withdrawing funds will take extra efforts. You need to verify with your ID documents and phone numbers, and for withdrawing higher amount you will need to enable two-factor authentication. It may take some effort, but if you think about it, everything is done for your own safety, that way no one can steal your hard earned money easily.

One thing about Bittrex that you should know is that it’s a crypto-only exchange, so that means you cannot deposit fiat currencies.

Bitstamp

Bitstamp claimed to be the first Bitcoin exchange that is fully licensed. It has a nice looking interface with iOS & Android supported app that allows you to trade on mobile.

You can fund your account with debit card, credit card, or wire transfer. A wire transfer typically takes 2-5 business days to complete, or you can use SEPA transfer that takes 1-3 days to complete.

Gemini

This is another US based exchange operating out of New York City that has built great reputation. Besides the USA, their services are also available in North America, Asia and Europe. With a competitive price, they offer individual accounts and institutional accounts. Gemini is also considered to be a beginner-friendly platform that has a well-designed platform that’s easy to use by beginners.

Source: https://www.smartbitcoininvestments.com/bitcoin-stock/

Michael Kelly is a Freelancer Writer, Entrepreneur and passionate blogger. A writer by day and a reader by night.