Trading - as the medium of earnings differs into many types, over the past 3 years, trading in cryptocurrency markets has gained great popularity. For the most part, the growth of a new wave of popularity was served by the Bitcoin exchange rate, which in 2017 reached $ 19800 in just six months.
The explosive glory of cryptocurrencies has led to the peculiarities of the appearance of scammers parasitizing on this medium, from which we can conclude that today there is a high need for additional security for newcomers entering the market. There is an article in which the issue of choosing a cryptocurrency exchange in Russian is expanded in more detail.
5 most popular cryptocurrency exchanges in 2019
Bitmex - for margin trading
BitMEX is an international cryptocurrency exchange that was launched in 2014 by HDR Global Trading Ltd. (Arthur Hayes, Samuel Reed & Ben Delo). BitMEX is a margin trading exchange. Another distinguishing feature of the exchange is the ability to trade futures.
Verification is not required.
Binance - the leader in trading volumes
Binance is a popular cryptocurrency exchange launched in China, but has recently moved its headquarters to the crypto-friendly Malta island in the EU. The exchange managed to gain great popularity due to the impressive large-scale ICO of its BNB token in due time, as well as its professional attitude and friendly CEO, and due to its low trading fees.
Verification via passport is required.
Huobi is one of the most trusted exchanges.
Founded in 2013, a cryptocurrency exchange with more than a million users and more than $ 1 billion of assets under its management. Headquartered in Singapore, the company has an international status, with subsidiaries in China, South Korea and the United States, where it is registered in FinCen under HBUS Inc. Since March 2018, Huobi has been active in 52 US states as a money service provider (MSB).
Verification via passport is required.
Bittrex - the leader in the number of users
Bittrex is an American cryptocurrency exchange offering a huge selection of promising cryptocurrencies for trading. The founding team has extensive experience in security and development with companies such as blackberry, amazon, microsoft and qualys.
Verification via passport is required.
Coinbase - a leader in attracting investments
Launched in San Francisco in 2012, Coinbase operates in 32 countries and today serves more than 12 million customers to exchange more than $ 40 billion in digital currencies. By 2013, Coinbase was the most funded Bitcoin startup, as well as the largest cryptocurrency exchange in the world. Unlike other exchanges that require users to trade on the market, Coinbase allows users to trade their cryptocurrency at a set price based on their market value, which allows users to buy their cryptocurrencies faster than other exchanges.
It is worthwhile to understand that before you start trading cryptocurrencies, you should familiarize yourself with the basic concepts and terms. Trading cryptocurrencies carries a certain risk, regardless of which exchange is chosen. Beginners are advised to try trading on exchanges with demo accounts before bidding on live accounts.
