First thing to consider when looking for the best bitcoin exchange is how safe it is. This boils down to asking: is it a trustworthy exchange providing transparent data of coins in cold storage (more on this later) and are customers happy? It’s also good to lookout for which currency pairs are available: are you looking to trade bitcoin for USD, Euros, or other fiat currencies. The location usually gives an idea of what’s on offer. However, the largest bitcoin sites usually have many options for buying bitcoin with government issued currency and altcoins.
The sheer complexity of researching where to trade bitcoin led me to make this blog. Although you should always do your own research before investing, I hope this helps. Below is the table of the best exchanges to buy bitcoin online. If you are new to cryptocurrency exchanges then lookout for the ‘beginner-friendy’ column.
Secure exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with PayPal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card. Check out each option on the following best bitcoin exchange list. Be sure to bookmark this page for future reference.
There are now many bitcoin exchanges you can choose from, and more flexibility in terms of payment options. Here are the best exchanges you can use to buy and sell bitcoins and other cryptocurrencies.
Gemini is a Bitcoin and Ethereum (the native currency on the Ethereum blockchain) exchange platform. It was founded by the Winklevoss twins back in 2015. The name itself – Gemini – is a reference to the constellation and zodiac sign depicting a pair of twins. Clever name, right?
One of the most reputable bitcoin exchanges available, Coinbase is popular among fans of the ‘dollar cost averaging’ method, where users can automate bitcoin purchase every week or month. It is a no-fuss platform for just bitcoin buying and selling.
KuCoin is a third party exchange that allows you to buy, sell and trade lots of different cryptocurrencies. It was created in May 2017 by a group of experienced business specialists who had previously worked on projects such as Ant Financial and iBox PAY. KuCoin is one of the newest cryptocurrency exchanges in the industry.
Binance is a Hong Kong–based cryptocurrency exchange launched by developer Changpeng Zhao (aka CZ) in July 2017. Zhao’s company Beijie Technology created the exchange after a successful ICO that raised $15 million. Investors who invested in the ICO got Binance Coin (BNB) in return which can be used to trade cryptocurrencies and pay for fees on Binance.