Would you like to start trading with cryptocurrencies? Yes! to begin with crypto trading or crypto exchanging, you need to know about the crypto exchange software available in the crypto industry.
What is cryptocurrency exchange software?
Cryptocurrency exchange software is the website platform to trade or exchange the cryptocurrencies for other local currencies like USD, Euro or any other cryptocurrencies. Sometimes you need to create an account with the platform to trade the cryptocurrencies and some platforms do not require any registration or account setup.
Nowadays the cryptocurrency exchange software development is on demand where the crypto investors are keenly looking for the best crypto exchange software.
In this article, you will be able to see the list of top cryptocurrency exchange software.
List of top 10 cryptocurrency exchange software
1. Coinbase
Coinbase is the most popular cryptocurrency exchange software. Owned by the trusted investors of coinbase. This platform makes the crypto exchange easy. It makes convenient to trade, buy or store the cryptocurrencies. In this platform, users can trade Bitcoins, Ether, and Litecoins via digital wallet on smartphones or via the GDAX (Global Digital Asset Exchange) subsidiary of Coinbase.
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2. Binance
Binance is also one of the most popular crypto exchange platforms. They too offer a low trading fee. Though it is very new to the crypto market, it has grown rapidly within a short span of time. The user of Binance can trade with Bitcoins, Altcoins, Ethereum.
This exchange platform has its own cryptocurrency. BNB is the cryptocurrency of Binance. BNB refers to Binance Coin. Binance charges only 0.1 % trading fees and it will be reduced further if the users use BNB for their trading.
"Get the list of Top Cryptocurrency Trading Websites"Pros
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3. Poloniex
Poloniex is one of the high rated and leading cryptocurrency exchanges and it was founded in the year 2014. It has got a high trading volume. The users of Poloniex are allowed to close the trade position. The trading fee varies and it depends upon whether you are a taker or maker.
The maker fee ranges from 0 to 0.15% and the taker fee range from 0.10 to 0.25%. There is a tool named chatbox in this platform. This allows users to be engaged with this platform. The users will be allowed to write any comment about service or any query. However, inappropriate comments are removed by this platform.
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4. LocalBitcoin
It is a Bitcoin exchange platform which is very popular all over the world. The users are allowed to trade the Bitcoins in cash or send the money via payment gateways like PayPal. This platform charges only 1% commission for those who have their exchange rates. Many precautions are taken by this LocalBitcoin platform to ensure secure trading.
There is a separate resolution team to ensure the trading is happening without any conflicts. When the trade is requested from the user end, the fund will be held in the escrow service of LocalBitcoin. Once the trade is confirmed by the user the fund is released.
"Know How to Start Cryptocurrency Trading Platform"Pros
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5. Bittrex
It was founded in the year 2014 and it is a US-based crypto exchange platform. It offers high-speed trade, highly secured digital wallets. It supports more than 100 digital coins. The account set-up is an easy process to start with.
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6. Kraken
Kraken is one of the popular Bitcoin exchanges and it is founded in the year 2011. Kraken platform owns partnership with first cryptocurrency bank. Kraken is based in Europe and it is an exchange platform in euro volume. It is highly rated by the users as one of the trusted exchanges. Besides Bitcoin, it also supports trading with other cryptocurrencies like Monero, Ethereum, Zcash, Litecoin, Dogecoin, etc. It offers trading features for the experienced traders.
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7. Bitstamp
It is founded in the year 2011 and it is European based bitcoin exchange platform. Bitstamp has built a good customer base. It is very popular for the security features offered. It is providing two-step authentication. It is considered as one of the safest exchange platforms by its bitcoin community. The security features like multi-sig are offered for its wallet and cold storage are fully insured. It provides 24/7 support. Making deposit after creating a free account is an easy process and it happens immediately.
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8. CEX.io
It is founded in the year 2013. It allows its users to trade with fiat money and cryptocurrencies. It offers margin trading for its user and brokerage service for the beginners so that it becomes easy for them to trade bitcoins of almost with the market rate.
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9. Changelly
This is also one of the bitcoin trading platforms. It was founded in the year 2015. You can do all the operations in this platform without completing the registration process or by using any ID. It has automated its functions by making use of the automatic trading robot. The major platforms like Poloniex, Bittrex are integrated with this platform.
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10. CoinMama
CoinMama is a crypto exchange platform where the user can trade bitcoin or Ether by making use of their credit card. It is a platform where users can buy crypto by making use of their local currency. Though the service is globalized, some countries are not allowed to use some functions of the platform. The platform is multilingual.
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Conclusion
Hope in this article, you will be able to find the top 10 cryptocurrency exchange platforms. Choosing the ideal platform for your requirements may need a complete analysis and may be time-consuming. Look into the important factors like reputation, security, verification, the support offered, the trading fee to choose the cryptocurrency exchange platform.
