Saturday, 9 February 2019

Top Bitcoin Exchange List 2019

Bitcoin Exchange list of 2019: Introduction

Bitcoin-like cryptocurrencies became a huge trend since the value of such cryptocurrencies grew to an unimaginable level! 

Since then, a plethora of cryptocurrency exchanges or cryptocurrency wallets have become popular, and which are the main reason behind the exchanging of Bitcoin like cryptocurrencies. 

The cryptocurrencies are volatile and that is an unavoidable characteristic of digital currency. Before getting into the Bitcoin exchange list of 2019, let us get into basics of a cryptocurrency exchange.

A Bitcoin and cryptocurrency exchange basically allows the investors to buy, sell or trade cryptocurrencies (either from flat to crypto or from crypto to crypto). Almost the major cryptocurrency exchanges support the trading of the top 20 cryptocurrencies listed by the

One of the major things that people do check out in such Bitcoin exchanges is whether they offer great functionalities, are user-friendly, and secure! 

Now, let us have a look at the best Bitcoin exchanges in 2019:

#1. Coinbase 

Coinbase is the largest and most respected Bitcoin exchange platform in the United States of America. They provide the options of both an exchange platform and a wallet, which enables us to store the Bitcoins. Apart from Bitcoin, it also supports Bitcoin Cash, Ethereum, and Litecoin. Once you sign up in the Coinbase and connect with your bank account, then you can easily transfer funds in and out of your account and convert them to Bitcoin and Dollars at will. 

Coinbase charges a variable percentage fee of 1 percent for U.S. transactions ($1 min, $50 max) from a bank account or Coinbase USD wallet. Purchases are done with a credit or debit card add on a 2.49 percent fixed fee. Coinbase wallet is highly secured, which can be accessed through both Web application and mobile application, with two-factor authentication and keeps redundant digital and paper backups of data “in safe deposit boxes and vaults around the world.” 

The cash balances are also insured for an amount of up to $ 2,50,000 against theft or a breach in online storage. Coinbase also holds 98 percent of the currencies of the customers offline to keep them safe from malicious attacks. 

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Robinhood actually started out as a fee-free stock brokerage and it was only in the recent years that they expanded into the world of Bitcoin like cryptocurrencies. One of the best parts of this cryptocurrency is that it has no service charges! 

Robinhood supports Bitcoin and Ethereum trades and provides market data for another 15 currencies.

Robinhood was a mobile-only platform first and then added a Web version just recently. And hence it would be best for the people who are comfortable managing money from their phone or tablet.

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#3. Square Cash

Square cash is another mobile app which enables you to buy and sell Bitcoin with no fees at all, as of now! 

This cash application is already one of the leading, for sending money to family and friends for free, just like the Venmo. But the option of Bitcoin buying and selling puts this app in one of the top places to buy Bitcoin list.

Square cash limits you in case if you want to send your coins to another wallet. They do not offer that feature.

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#4.  Binance 

Binance platform supports a wide range of digital currencies like Bitcoin, Ethereum and its own cryptocurrency known as the Binance Coin (BNB). They only charge a commission fee of just 0.1 percent for trades.

This app has been reported with bugs in its Android version and some users have also reviewed that they have reported delays in case of withdrawing certain currencies. Binance is also not insured, and this may because of concern to some.  

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#5. Coinmama

Coinmama is another best all-in-one exchange and digital wallet which makes it easy to buy and sell Bitcoins in US Dollars as well as in Euros. According to the statistics collected from its site, they have more than one million customers in 188 countries. 

This exchange offers great real-time transactions, but it does charge higher fees of 5.9 percent. And if you are buying using a credit or debit card, you will be needing to pay an additional five percent.

There is no mobile version for this Bitcoin exchange platform, but do have a very high-quality website version. Moreover, Coinmama is a registered money business in the United States, thus giving it a higher legitimacy and recognition above the other competitors.

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The above given are some of the best Bitcoin exchanges that we do have on the internet right now!

Well, go through the list and also do some additional research of your own and choose the one which you finds the apt for Bitcoin trading and more.

Hope, this Bitcoin exchange list of 2019, provided you with some insight into the Bitcoin world.

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