Trading - as the medium of earnings differs into many types, over the past 3 years, trading in the cryptocurrency markets has gained high popularity. For the most part, the growth of a new wave of popularity was served by the bitcoin rate, which reached $ 19800 in just six months in 2017.
The explosive fame of cryptocurrencies has led to the peculiar appearance of fraudsters parasitizing on this environment, 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. Also a distinctive feature of the exchange is the ability to trade futures.
No verification required.
Binance is the leader in terms of trading volumes
Binance is a popular cryptocurrency exchange that started in China but recently moved its headquarters to the crypto-friendly island of Malta in the EU. The exchange managed to gain a lot of popularity thanks to the impressive large-scale ICO of its BNB token during its time, as well as its professional attitude and friendly CEO, and thanks 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 over a million users and over $ 1 billion in 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 with 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 is the leader in the number of users
Bittrex is an American cryptocurrency exchange offering a huge selection promising cryptocurrencies for trade. The founding team has extensive experience in security and development at companies such as blackberry, amazon, microsoft and qualys.
Verification via passport is required.
Coinbase is the leader in attracting investments
Launched in San Francisco in 2012, Coinbase operates in 32 countries and today serves over 12,000,000 customers to exchange over $ 40 billion in digital currencies. By 2013, Coinbase had become the most funded bitcoin startup and also the largest cryptocurrency exchange in the world. Unlike other exchanges that require users to trade in the marketplace, Coinbase allows users to trade their cryptocurrency at a set price based on their market value, allowing users to buy their cryptocurrencies faster than other exchanges.
It is worth understanding that before you start trading cryptocurrencies, you should familiarize yourself with the basic concepts and terms. Cryptocurrency trading carries a certain amount of risk, no matter which exchange is chosen.Beginners are advised to try trading on exchanges with demo accounts before starting trading on real accounts.