Best Cryptocurrency Exchanges: A Thorough Breakdown of The Top 8
Which the best cryptocurrency exchange is depends on you, because your usage, trading and investing of altcoins is as individual as you are! Our detailed cryptocurrency exchange reviews give an in-depth examination of the top performers so you can identify their specialty and find the best fit for your coin trading needs. Our cryptocurrency exchange list ranks the 8 top crypto exchange sites in terms of popularity, customer volume and customer satisfaction. They represent the best place to buy cryptocurrency for a wide range of customers with diverse needs, as well as performing well for your unique situation. We have something for everyone; from high-volume traders with diverse portfolios, people who stick to one coin such as Ethereum, Bitcoin or Ripple, people who like to speculate by investing in new ICOs, and people who mine coins and want to sell.
#1: Binance – Our Pick For Top Cryptocurrency Exchange
The CryptoRising team have unanimously voted Binance into the number one spot. We feel it’s the best exchange to buy Bitcoin, which is still the single most widely traded of any cryptocoin. Serious crypto investors are divided in their opinion of Bitcoin, but whether you love it or hate it, Bitcoin isn’t going anywhere. It has the attention of fiat traders and stock exchanges worldwide, and even your grandma has heard of it. Binance is the go-to exchange for the majority of people who want to buy or sell Bitcoin. It’s the world’s biggest and most respected crypto trading platform and therefore the best Bitcoin exchange. You’ll find dynamic,constantly-updating prices and volumes on Bitcoin, and every other serious coin and token, including Binance’s own ‘Binance Coin’. Over-The-Counter services mean your bank will work with Binance so that you can walk in and fund your trading with fiat currency, as easily as you would put cash into a friend’s bank account. This gives security and legitimacy to Binance, and does away with the traditional difficulty people have had of getting their fiat cash turned into altcoin. When you choose Binance you benefit from:
- Stable, consistent in-house safety and security that protects your assets and your identity.
- Multi-device compatibility; you can access your Binance account via Web, Android, iOS, Mobile Web, Windows and macOS
- High Performance Speeds; Binance processes over 1,400,000 orders and transactions PER SECOND
- Multi-language support for clear communication
- Multi-Coin support coupled with high liquidity; Binance maintains abundant and high quality partners, resources and fintech support. This makes it a high-volume, busy exchange and a respected, well-known name.
Binance is the most popular crypto exchange led by a strong team, with verifiable fiat and crypto experience; add in proven products, industry resources and cutting-edge financial technology and you have a reliable powerhouse that deserves it’s place as the biggest cryptocurency exchange. They’re a great place to trade old favorites and newer coins safely, and with real-time price updates. A customer favorite, that means you will always be able to trade your portfolio quickly and at a great price.
#2: CEX.IO: The Best Crypto Exchange To Buy Ripple
London, UK has been home to CEX.IO since 2013. With Ripple gaining momentum as a performance altcoin, CEX.IO has grown a huge customer base of die-hard Ripple traders. It offers the best support for high and low volume Ripple trading, and is the fastest place for all your Ripple trades. CEX.IO supports the most popular payment options for crypto exchange; VISA, Mastercard, bank transfer and any major cryptocoin. This is a good choice for the intermediate cryptocurrency trader, with the focus being on the top names in Bitcoin and Altcoin. If you prefer to trade among Ethereum, Bitcoin, Dash, and Litecoin, but keep your focus mostly on Ripple, this is your exchange! With it’s simple interface, CEX.IO is easy to use on-the-go for when you want to buy and sell quickly as you react to changes in cryptocurrency market prices. We love this exchange for it’s fast and simple, yet incredibly secure ID verification and card verification, their range of tools and widgets to help you get the most from your trading, and their simple to understand fee structure.
#3: Changelly: The Best Way To Buy Cryptocurrency “Done For You”
Do you love cryptocurrency exchanges with “done for you” services? Changelly is the best crypto exchange if you love convenience! Changelly finds the best rate for all your coin to coin trades automatically, so you can put your focus on other things you’re busy with. Not everyone wants to get deep into understanding crypto markets, so Changelly are the perfect choice for you if you want to buy, sell and exchange crypto without having to learn all about it. You can exchange between 130+ cryptocurrencies, and buy Bitcoin, Bitcoin Cash and Ethereum using USD or Euro. Changelly partner with major crypto exchanges such as Binance, Poloneix, CEX.IO and many others, trading on your behalf and finding the best prices on all crypto, so you don’t have to. It’s a time saver for traders who don’t mind paying a little extra so they don’t have to research markets themselves. It’s the safest crypto exchange for people who aren’t “into” crypto, but still want to get a good price buying and selling their coins.
#4: XCoins – Another Top Crypto Trading Platform
Do you want to buy Bitcoin on a crypto exchange really easily? Want to use a credit card while staying safe and secure? XCoins is the crypto trading platform that delivers! You sign up, pay using Visa or Mastercard, Paypal, or your bank account with ACH or eCheck, and quickly receive your Bitcoins to your wallet. Xcoins use an innovative peer-to-peer system that makes it super easy and fast for Paypal users to get Bitcoin, when they are usually faced with a long wait of several days elsewhere. XCoins only support Bitcoin – but, by making it fast and simple to buy Bitcoin with Paypal, they offer you an easy way to buy Bitcoin that you can then trade elsewhere. This is undoubtedly the most convenient way of buying Bitcoin, especially for those who want to make Bitcoin purchases online. If you are already a Bitcoin holder, you can make high commission on Xcoins by becoming a p2p Bitcoin lender. It’s a great way to earn high interest on your Bitcoin without trading yourself! It’s 100% automated as XCoins track payments and release your Bitcoins for you – you simply deposit the Bitcoin amount you wish to grow and hit “start”. XCoins take care of user approval and safety – your only input is setting your desired commission, and other controls regarding your invested coins. You can easily grow your Bitcoin investment without having to deal with anyone!
#5: Coinmama – The Best Place To Buy Ethereum
Not just Ethereum! Buy Bitcoin, Ethereum, Ripple, Bitcoin Cash, Qtum or Ethereum Classic INSTANTLY, using your credit card or bank transfer. Coinmama use their personal inventory of coins to sell you your chosen cryptocurrency thru their crypto exchange instantly, no trading involved! It’s the best way to buy cryptocurrency if you want one of the “big 6”; Bitcoin and Bitcoin Cash, Ripple, Qtum, Ethereum or Ethereum Classic. You are not trading with another party, but buying your currency direct from Coinmama. This means the Coinmama crypto trading platform is instant, reliable and safe.
Poloniex snag our number 6 spot because their cryptocurrency exchange is known to be one of the best exchanges for new Bitcoin traders to get into Bitcoin at a low cost. Many consider them to be the top Bitcoin exchange and it’s no secret they do Bitcoin well, however Binance and other exchanges have far exceeded Poloneix in terms of cryptocurrency exchange rates and coins offered lately. Use them if your cryptocurrency focus is centered solely, or heavily on Bitcoin and it’s related interests. If you reside outside the USA, you can lend Bitcoin and earn interest on it with Poloniex. Monitor your account across various platforms and trade over 60 cryptocurrencies, with fast price and volume updating. Poloniex only allow serious, backed, supported cryptocurrency on their exchange and this makes it a great exchange for cautious traders who are not 100% confident in trading crypto. Poloniex have good all-round support for altcoins, and as the cheapest Bitcoin exchange this means you can start your trading adventures relatively cautiously with Bitcoin and then branch out as you grow in confidence as a trader. Keep in mind that poloniex does not currently allow US customers.
#7: LocalBitcoins – The Best Exchange To Buy Bitcoin Near You!
This is the top Bitcoin exchange for local Bitcoin trading, serving 248 countries and enabling traders to post their own trades. You can buy and sell Bitcoin with other people in your area; set your own limits and pricing on your Bitcoin holdings. This makes LocalBitcoins a fast way to trade using bank transfer, and is in many ways less complicated, for those who get confused by cryptocurrency trading. This peer to peer exchange allows for fast buying and selling of Bitcoin and means you have the chance to grow your own holdings by setting your own price – when someone wants to buy Bitcoin fast they are often willing to pay extra above the market price for Bitcoin. LocalBitcoins uses escrow to protect users from being scammed; you only release escrow once you have received payment from your potential Bitcoin buyer. With a strong buyer and seller verification program, all aspects of your trading on the LocalBitcoin platform are protected.
#8: Coinbase – The Best Crypto Exchange for Recurring Buys
Use Coinbase for your trading and you can automate your investing over time by scheduling cryptocurrency buys daily, weekly or monthly. This allows you to build a coin portfolio according to your pay schedule. Mobile apps let you manage your coinbase account on the go, and stay in touch with movements in the cryptomarket. You can then adjust your portfolio and scheduled buys accordingly! Coinbase supports trading of ten major cryptocurrencies; Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash, Ethereum Classic, ZCash, USD Coin, Basic Attention Token and Ox, which makes it a great “cautious coin investor” exchange. You can buy a “Coinbase bundle” comprising their top 5 cryptocoins. You can also monitor, but not trade in, all other major currencies. Coinbase are a good compromise between trading and semi-automated trading that makes buying and selling Crypto safe and scaleable for those new to cryptocurrencies, or those who don’t have the time or inclination to go all in with learning the cryptomarkets.
So, there you have it – use our cryptocurrency exchange reviews to identify the best cryptocurrency exchange for your needs and level of interest or experience in cryptocoin trading!