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1
EXMO
EXMO Logo

Pros

  • Different payment methods available
  • Multi-language website
  • 24/7 Support
  • High USD liquidity

Cons

  • Some fees are relatively high
  • Number of trading pairs might be higher
Deposit Fees
Cryptocurrency deposits: 0%; USD/EUR/RUB/PLN/UAH: 0%-8% (depends on payment method)
Trading Fees
Fee for the deal - 0.2%
Withdrawal Fees
Yes (BTC (0.001), LTC (0.01), DOGE (1), DASH (0.01), and ETH (0.01))
Yes
EXMO Overall rating: ★★★★★ 5 based on 1 reviews
5 1
2
BitFlip
BitFlip Logo

Pros

  • Many payment methods supported
  • Numerous altcoins available for trade
  • Low trading fees, discounts available
  • Relatively nice trading platform

Cons

  • High fiat transfer fees
  • No margin trading
Deposit Fees
Up to 4.9%
Trading Fees
0% - 0.10%
Withdrawal Fees
0.03% – 0.18%
Yes
BitFlip Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
3
Bitxfy
Bitxfy Logo

Pros

  • Direct conversion
  • Storage of bitcoins on the device
  • Minimum fees
  • Generation of key data occurs on the device itself

Cons

  • Only East European currencies
  • The application needs a permanent connection to the Internet
Deposit Fees
-
Trading Fees
-
Withdrawal Fees
from 1% to 5%
Yes
Bitxfy Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
4
CEX
CEX Logo

Pros

  • Company provides refunds for customers dissatisfied with the services
  • Deals are made automatically and immediately
  • Live chat 24/7 with customer support
  • Multi-language website
  • Users can buy bitcoins with a credit card, SEPA or a wire transfer
  • High trading volume

Cons

  • High fees and “hidden charges”
  • Many currencies are not supported
  • Lots of bad reviews
Deposit Fees
Cryptocurrency deposits: 0%; USD/RUB/EUR/GBR: 0%-5% (depending on payment method)
Trading Fees
Yes (7% for the direct trading with the exchange)
Withdrawal Fees
Yes (varies depending on payment method)
Yes
CEX Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
5
Livecoin
Livecoin Logo

Pros

  • Offers the ability to directly exchange fiat currency for cryptocurrency
  • Access to 490 crypto/fiat and crypto/crypto currency pairs
  • Tiered fee structure ensures less costs for high-volume traders
  • Multilingual website and customer support
  • Easy-to-use trading interface

Cons

  • If you’re only a casual trader, you’ll pay higher fees
  • No live chat support
  • No mobile trading app
Deposit Fees
Cryptocurrency deposits: 0%; USD/EUR/RUB: 0%-10% (depends on payment method)
Trading Fees
from 0.02% to 0.18%
Withdrawal Fees
Yes (BTC (0.001), LTC (0.02), DOGE (2), DASH (0.002), and ETH (0.01))
Yes
Livecoin Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
6
NiceHash
NiceHash Logo

Pros

  • Easy for beginners
  • Multi algorithm
  • Less risky

Cons

  • Middleman doubts
  • Not profitable enough
Deposit Fees
From 0 BTC to 0.0002 BTC
Trading Fees
2%-5%
Withdrawal Fees
From 0 to 0.2%
No
NiceHash Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1
7
SpectroCoin
SpecroCoin Logo

Pros

  • All of Europe can easily buy and sell BTC
  • U.S. Residents can buy BTC and DASH here
  • Simple and responsive user interface
  • Simple and responsive user interface Mobile-friendly
  • Option to sign up and sign in through Facebook or Google account

Cons

  • Expensive shipping
  • Missing information from the website
Deposit Fees
Cryptocurrency deposits: 0%; USD/EUR: 0%-7% (depends on payment method)
Trading Fees
-
Withdrawal Fees
From 2% to 7% (depends on payment method)
Yes
SpectroCoin Overall rating: ☆☆☆☆☆ 0 based on 0 reviews
5 1

Make Good Money by Trading Cryptocurrency

Many people today wonder how to make money trading cryptocurrency thanks to the Bitcoin recent triumph. It is not that difficult to get involved in the game, and any individual can do that. There are two basic things to do to start trading cryptocurrency:

  • Select and register a cryptocurrency wallet
  • Pick an exchange to trade bitcoins

The first one refers to the place where a person keeps the encrypted passcodes that stand for the coins. It is the same as saving cash in a bank account. The second one serves as a stock exchange – people can trade cryptocurrency for other digital currencies and traditional money like dollar or euro.

Of course, you should not necessarily start with bitcoins as there are many attractive options.

Next, people would like to know the ways to invest in cryptocurrency. In case you have such a desire, you have several options to consider. The potential investors can choose between:

  • An exchange to purchase cryptocurrency along with the wallet
  • A cryptocurrency IRA
  • The GBTC trust as sold on the stock market
  • An exchange-broker-wallet hybrid (Coinbase is an example)

Perhaps, only the last option allows both cryptocurrency trading and investing directly with the help of one platform.

It may be difficult to select a single best cryptocurrency trading platform as many of them are available now. That is why this mini-guide focuses on the hybrid model.

Is there such thing as the best bitcoin trading platform? It is sheer complex to choose the cryptocurrency trading sites. Even though a player must conduct in-depth research all alone before contributing funds, the expert’s opinion also counts.

This section contains the most reliable bitcoin trading sites, so read the details about it. Go through professional cryptocurrency exchange reviews to make a choice.

How to Decide on the Best Bitcoin Exchange Rate?

Explore top Bitcoin, Ripple, or Ethereum trading options as well as the cryptocurrency exchange rate. Various cryptocurrencies have different perspectives for growth. It is better to avoid buying cryptocurrency on its peak or, vice versa, a severe drop in performance. Look at the recent information concerning the most known cryptocurrencies.

Bitcoin cash (BCH) is worth $1,519.97 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $4.97 today.

Dash (DASH) is worth $730.66 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $80.85 today.

ICON (ICX) is worth $5.52 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $33.28 today.

IOTA (IOT) is worth about $2,15 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $3.89 today.

Lisk (LSK) is worth $35.42 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $0.0002 today.

Monero (XMR) is worth $326.19 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $931.97 today.

Qtum (QTUM) is worth $32.06 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $6.41 today.

TRON (TRX) is worth $0.05 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $29.36 today.

VeChain (VEN) is worth $5.89 currently. If a person would have purchased bitcoins for $1.00 in 2017, the coin would be worth $59.14 today.

As for some other currencies, they change more dynamically, and their current prices are as follows:

  • Ripple (XRP) equals to $1.15
  • Litecoin (LTC) equals to $231.48
  • Stellar (XLM) equals to $0.48
  • Cardano (ADA) equals to $0.40
  • NEO (NEO) equals to $137.94
  • EOS (EOS) equals to 10.16
  • NEM (XEM) equals to $0.53

Remember that the lowest prices can quickly grow because trading cryptocurrency is one of the most unpredictable activities in the world. Thus, you may wake up a millionaire one day after investing less than a dollar in the first coin.

Where to Purchase Cryptocurrency of Your Choice

First of all, the best cryptocurrency market should be 100% secure. Safe exchanges that are reliable and possess excellent customer ratings will rank higher than the competitors. Websites that allow purchasing bitcoins with PayPal usually obtain bonus points for such convenience. Platforms that make it possible to purchase coins with the help of debit/credit cards also obtain extra credit as it is one of the top-preferred purchasing methods.

Analyze the offered list of cryptocurrency exchange sites and make your choice. The next logical question is how a user can buy Bitcoin using the chosen service. After buying bitcoins via PayPal, credit card, cash, or bank transfer, store them offline. At least it is a recommended option. Explore the list of available wallets to decide on the best option for you. Each time you decide to purchase or sell bitcoins, move them in and out of the “cold” wallet to the “hot” online exchange. You cannot take the coins as long as an offline wallet’s keys are not compromised.

  • Binance
  • Bitrex
  • Bitfinex
  • ShapeShift
  • Kraken
  • Coinbase
  • CoinMama
  • io
  • Bitpanda
  • Changelly
  • CoinDelta
  • Koinex
  • Poloniex
  • Kraken
  • Coinbase