Cryptocurrency is the word of the minute; and it either excites, confuses or scares you. If 2018 has proved anything, it is that the market can be volatile – but the growth is undeniable. We will continue to hear more about cryptocurrencies and trading exchanges, and how they seamlessly integrate with the lives of modern individuals. So if you have invested in virtual currency and looking for a range of trading pairs, here’s a round up of some of the most popular trading exchanges in the market.
Poloniex is a US-based trading platform that started in 2014 which currently boasts ‘one of the world’s most active crypto exchanges’. It solely works within a crypto-to-crypto network, unlike other cryptocurrency trading exchanges. Dealing in almost 150 Monero and Bitcoin markets, this platform is suitable for beginners right through to experienced traders. The immersive platform appeals to users who want to see technical graphs, and those who want enhanced support that’s offered through a live chat function. It also offers margin trading and lending services to those with a diverse portfolio.
Binance is one of the newer kids on the block, only taking off in 2017. It began in China and later moved its Headquarters to Japan ahead of China’s ban on cryptocurrency. While many rivals specialise in specific virtual currencies, Binance trades in more than 45. Binance Exchange issued Binance Coin, with many traders having heard of the coin before the trading platform. The clean interface is easy to use, with an intuitive app for those who trade in transit.
Bittrex is one of the largest crypto to crypto exchanges starting in 2013, most famous for being the first and only exchange to list TrueUSD. Despite being older than its competitor platforms, the security of Bittrex is renowned, and it’s two-phase authentication process gives peace of mind to new and existing traders. Aspiring to be apart of the Blockchain movement, Bittrex embraces new technology and trends.
OKEx is a Hong Kong based world-leading digital asset exchange, that began trading in 2014. The platform services are more widely used than other crypto exchanges, servicing more than 20 million customers across more than 100 countries. OKEx also provide a sleek interface that is used specifically by users to take tokens with flat currency.
Bibox is a young and attractive Chinese-based cryptocurrency platform for those who want the full digital experience, complete with its AI-enhanced encrypted exchange. Bibox facilitates peer-to-peer trading which subsequently provides computation and analysis of trades made. The exchange is expanding so that flat currency trades are available, which should be a feature offered later in 2019.
It takes a lot of research and precision to get to the point of building a cryptocurrency portfolio, and the same care should be taken to select the right platform to further your growth through trading pairs.