Let me share you the best bitcoin exchanges available today for trading bitcoins. Before that, if you are damn new to the topic ‘Bitcoins” I recommend you to read this article.
Similarly, how we buy shares or sell shares in share market we can do the same thing in the bitcoin world.
For trading in stock market, we have stock exchanges like NASDAQ, NSE, BSE. But Bitcoin doesn’t have any official trade exchange. So you need to be very careful and select the reliable bitcoin exchange.
This article will help you to find out the best bitcoin exchange sites. Choose the option that fits you.
Best Bitcoin Exchanges
Here are the top 5 bitcoin exchanges to trade bitcoins.
These are some best bitcoin exchanges available today. Let me explain you in detail about each of them.
Coinbase Bitcoin exchange review
CoinBase is the most popular bitcoin exchange. It supports almost 32 countries currently. You can buy bitcoin by connecting your bank account with Coinbase. You can find their transaction fees & payment methods here.
Pros of Coinbase exchange
- High liquidity.
- You can buy bitcoin with the credit card.
- Simple Interface.
- Decent transaction fee.
Cons of Coinbase exchange
- Limited payment methods.
- Not supported many countries.
LocalBitcoins Bitcoin exchange review
LocalBitcoins is a global bitcoin exchange. It supports almost 248 countries. You can buy or sell bitcoins anonymously. And it also supports many payment methods. Buying or selling bitcoins is free. You can find their transaction fees here.
Pros of LocalBitcoins exchange
- It allows purchasing bitcoins privately.
- You can buy bitcoins with many payment methods.
Cons of LocalBitcoins exchange
- Risk with anonymous transactions
- Take longer time to conclude the transaction.
CEX.IO Bitcoin exchange review
CEX.IO allows you to buy bitcoins with a credit card. It supports most of the countries. It has a simple & clean interface. It might be considered alternative to Coinbase. Its transaction fee is also decent. You can check out their transaction fees here.
Pros of CEX.IO exchange
- Allows you to buy bitcoins with the credit card.
- Good for beginners.
Cons of CEX.IO Bitcoin exchange
- Extensive verification process.
Bitstamp Bitcoin exchange review
Bitstamp is one of the longer running bitcoin exchanges. It was started in the year 2011. now it has almost 700,000 traders around the world. And also Bitstamp exchange is licensed.
Pros of Bitstamp exchange
- Good for large transactions.
Cons of Bitstamp exchange
- Transaction fees are bit higher.
- Requires extensive verification.
Coinsecure Bitcoin exchange review
Coinsecure is for Indian users. This is included in this list to just let know the Indian users about the bitcoin exchange in India. You can deposit amount by using NEFT/RTGS/IMPS.
Pros of Coinsecure exchange review
- Good for Indian users to trade with bitcoins.
- Easy withdrawals.
Cons of Coinsecure exchange review
- Verification will take bit longer time.
That’s all the reviews about bitcoin exchanges. There are many other bitcoin exchanges like (CoinMama, Zebpay, itBit, Gemini, Kraken). You can even try them. But be careful. Read the reviews before you join and do trading.
These are the 5 Best Bitcoin exchanges to buy and sell bitcoins. Thanks for reading.
If you have queries feel free to ask in the comment section.