This section will cover information about cryptocurrency exchanges. We will continually add in it reviews about industry leaders and relevant market merchants for the exchange of crypto-crypto, fiat-crypto, and crypto-fiat assets.
Bittrex has time and again been ranked among leading crypto exchange platforms across the world. And some of the factors that keep it ahead of competition include the fact that it embraces advanced technologies in guaranteeing system security as well as the wide range of cryptocurrencies one can trade on this platform. We attribute these to the fact that Bittrex is one of the few exchanges that haven't lost its client assets to crypto hackers.
Poloniex crypto exchange started in 2014, and by 2016, it was one of the most popular and preferred bitcoin exchange. What happened after 2016 that saw the crypto exchange fall off the leader's post into near-oblivion? More importantly, can we really trust Poloniex crypto exchange with our crypto assets and personal information?
Coinbase, the American based crypto exchange, describes itself as the “easiest place to buy, sell, and manage your cryptocurrency portfolio.” While relying on some of its string features like insurance backed deposits, strong regulation by the SEC, and secure storage that has shielded it from hackers since establishment, Coinbase refers to itself as “the most trusted cryptocurrency platform.”
Is Binance crypto exchange an industry leader or just another hoax? Well, launched in China but expelled during the Chinese Crypto ban and forced to find a new home overseas, Binance has gone on to become one of the most popular crypto exchanges today. This popularity can largely be attributed to the impressive number of cryptos supported here, professionalism in customer support, low trading fees, and a friendly CEO – CZ.
When looking for cryptocurrency exchange platforms, BitMex is one of the first names you will come across. Also known as Bitcoin mercantile Exchange, this platform boasts of "industry-leading security," offers 100X leverage, and has no expiry dates for trading. They are also one of the handful of exchanges yet to lose any Bitcoin through hacking and fraud.
From being centralized to being expensive, today’s crypto exchanges come with their own share of issues. Besides, they often have a limit on how many transactions they can handle, a factor that has led to downtimes in times of high traffic.
Would you like to buy or sell cryptos but aren’t sure of the exchange platform’s safety and reliability? Well, if you have looked at different lists of most popular crypto exchanges today, chances are KuCoin has been a prominent feature. And we believe that this huge popularity can, to a large extent, be attributed to its wide global reach, massive client base, super-low trading fees, and commissions as well as its support for a considerably high number of coins.
Looking at Kraken crypto exchange and its operating history, you can’t help but notice a few of its unique features. It is, for instance, one of the oldest crypto exchanges around having been established in 2013. It also has never been hacked. More importantly, Kraken was also the first crypto exchange to feature on the Bloomberg Terminal. Not to mention that it was the first crypto exchange to publish cryptographic proof of reserve audits – a great show of transparency towards its clients that even some of the leading exchanges haven’t matched yet.