Probably, you have already heard about Bitcoin, Ethereum, Litecon, Dash, Bitcoin Cash. These are probably most known crypto currencies.However, with recent spike of Dogecoin, you might ask – OK. So how many crypto coins are there? I wan to buy them! Well there dozens of crypto coins and there many great trading platforms. Nonetheless, here at Cryptato.com we are as clear and bold as the potato, so will advise the best trading platforms for you to dive in the crypto trading world with more coins and of course, more profit!
If you never traded cryptos, please remember that you will have to go trough detailed registration process where might asked to provide ID card or driving licence, home utility bills, make some selfies with your documents, install some secure apps in phone like Google Authenticator. It takes time, but everything is for your own money safety. We advise you to pick up not only to pick up STRONG passwords, but also use all the security measures, because in here, in the crypto world there is no police or crypto guards that will take care of you. It’s you on your own.
6 Basic rules you gotta to remember
So, before we take you to our TOP crypto currency exhcanges list for 2018, please remember some basic rules before putting your money. Before you choose where to trade remember these rules.
1. Check how safe is the crypto currency exchange website and server? Choose only secure exchanges.
2. Analyse, what liquidity does it have. Choose only with HIGH liquidity ratios.
3. Make sure you understand what fees you will be charged for trading. There could be fixed fees, % fees. All trading platforms are different and has transaction fee structure of the exchange like fixed fees, percentage fees and spread or exchange rates. Note that each exchange platforms can have various exchange fees.
4. Do check if exchange provides transparent data of trading?
5. What trading pairs are available to trade Bitcoin, for example USD, Euros, and other fiat /government issued currencies, or Altcoins?
6. What other are sayin’? Ask friends or here in our comment section.
7. Does it have social life -Twitter, Facebook, Telegram, Blog?
TOP 6 Crypto Trading exchanges we recommend
We are fans of Binance. Binance is a popular Chinese cryptocurrency exchange. However it has managed to gain a lot of popularity in the whole world thanks to its impressive number of Initial Coin Offering listings, but also due to its low trading fees.
Binance has only 0.1% trading fee, but if you have any Binance coin BNB, a 50% discount will be applied, if you use BNB for transaction fees, which is 0.05. There is fee for deposit and withdrawal fees may vary according to the blockchain conditions regularly.
Start trading on Binance just click the registration link.
It is rather new star shining in the constellation, but looks really promising. Like Binance has one of the lowest fees for trade – it charges 0.1% from the asset you bought. Deposits are free. Binance also offers 50% discount if you trade with BNB.
Here is the registration link to start trading on Kucoin.
It was first launched cloud mining provider in 2013. During the years CEX.IO has transformed into cryptocurrency exchange. The UX of Cex.io is really good, however the its has and the customer support are not as good. We experienced that customer service slow with response time and the content of their messages are only automated.
Here is the registration link to start trading on Cex.io
Bittrex.com supports 190+ new and established cryptocurrencies. However, since the boom of crypto trading it has closed accepting new registrations. And more than a months it still not moving forward with its systems upgrade that could allow to open crypto traders sign ups.
Coinbase was founded in 2012. Its is a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin and Bitcoin cash. However, the trading platform is still not open for all countries and offers limited cryptos to trade. Also, it has not so attractive structure of fees. Therefore, its our only 5th recommendation.
It was launched in 2011 it states that it is the largest Bitcoin exchange in euro volume and liquidity and also trading Canadian dollars, US dollars, British pounds and Japanese yen. According to the website information, Kraken was the first Bitcoin exchange to have trading price and volume displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, and is a partner in the first cryptocurrency bank. However, Kraken constantly is not available and lack UX. However, it does have really attractive fees.