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. 

Have a quick glance over Cryptocurrency Wallet- The perfect wallet for your Altcoin

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 coinmarketcap.com.

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. 

Website : https://www.coinbase.com/ 

#2.Robinhood

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.

Website : https://robinhood.com/

#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.

 Website : https://cash.app/

#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.  

Website : https://www.binance.com/en

#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.

Website : https://www.coinmama.com/

Conclusion

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.

Develop your own cryptocurrency exchange platform with the best in industry blockchain development company now!

 

NEO vs Ethereum - Difference between Smart Contract Platforms

NEO vs Ethereum - a trendy topic today!

What exactly are they?

Ethereum is the crowning jewel of the decentralization movement going on. More than 90% of the decentralized applications and smart contracts are hosted on Ethereum. The perils of not having any third party interferences, fraud or censorship has made the platform popular among the developers within a very short span of time.

NEO was deemed as “Ethereum of China” by the blockchain community and is an intelligent economic network. The platform enables asset digitization, digital identity system, and smart contract development. Within 2 years of its launch, NEO has garnered considerable attention from developers.

In this blog, we shall pit them against each other and get to a verdict at the end.

How much are they alike?

NEO and Ethereum are open source blockchain projects.

Both of them accomplished Turing Completeness.

They are specifically used to play hosts to smart contracts, Initial Coin Offerings, and DApps in a decentralized manner.

Know more about Initial Coin Offering.

The blockchains are fueled by crypto assets, namely GAS in NEO and Ether in Ethereum.

The community support is tremendous for both of the projects.

Comparison - NEO vs Ethereum

#1. Support

NEO is backed by the Chinese government and other organizations like WINGS, Alibaba and other Microsoft like giants. This accounts for the huge popularity of NEO in China. Ethereum does not have this kind of support from any nation’s government but is backed by EEA - Enterprise Ethereum Alliance. This itself showcases the popularity and success of Ethereum on the world's stage.

#2. Mechanism of Consensus

Ethereum uses Proof of Work mechanism for obtaining consensus. NEO uses a delegated Byzantine Fault-Tolerant Consensus, otherwise known as dBFT, which is an improved form of proof-of-stake and more energy efficient. Though this slightly favors NEO over ethereum, we can expect Ethereum to make this transition soon.
Meanwhile, you can have a quick glance about Proof of stake coins (POS )coins

#3. Divisibility of fuel

The crypto fuel of NEO’s blockchain exists only in whole numbers and is not divisible whereas native crypto fuel of Ethereum is divisible.

#4. Fueling the blockchain

NEO creates a crypto asset called NeoGAS to fuel NEO’s Blockchain. In Ethereum, units called Ether fuels the network.

#5. Programming Language
   
The smart contracts and DApps is written and compiled in C# and Java in NEO blockchain. It is expected that developers can write in Python and Go in the future. With this advent, all entry barriers will get eliminated as far as NEO is concerned.

The developer to learn a new language called Solidity if s/he wants to write smart contracts and DApps in Ethereum.

#6. Direction

Ethereum is on the path of becoming the only supercomputer that is based on the blockchain. It focuses on achieving this by hosting numerous use cases of digital identity, computing, decentralized exchanges, remittances, and KYC. digitizing the real-world assets through digital identity. NEO focuses on making a smart economy by digitizing traditional assets like digital identity.

#7. International Audience

NEO is from China and not much is known about how it is catering to the audience who prefer English. On the other hand, Ethereum has grown into a global enterprise and caters to an international audience who reads English.

Know more about How to create ADA tokens on the Cardano Blockchain.

#8. Speed

Currently, NEO handles 10,000 transactions every second while Ethereum can handle only 15 transactions per second. This can be considered the biggest advantage of NEO over Ethereum. The latter will buck up and solve this issue since they are working on the scalability.

#9. Quantum Computer Proof

A quantum computer has the ability to hack the cryptographic math on which the blockchains are based. Ethereum is not quantum proof and so is every other cryptocurrency blockchain. NEO claims to be an exception to this flaw and presents itself as quantum computer-proof. The developers claim to have developed an anti-quantum mechanism called NeoQS.


The Verdict

Ethereum is well positioned in the market in terms of technological aspects whereas NEO has a long way to go if it wants to position itself as a rival to Ethereum.

Having said that, we must also take into account that both of them are relatively new projects and need to stick onto their core promises to get a foothold in the market in the long run.

Top Cryptocurrency Exchanges in the World

In this blog, we shall discuss the most user-friendly cryptocurrency exchanges in the digital world.

What is a Cryptocurrency Exchange?

The platforms on which you can buy, sell and exchange cryptocurrencies for other digital tokens or for fiat currencies are called Cryptocurrency exchanges.

Some of these platforms require the users to verify their ID and then, open an account whereas there are some exchanges that allow trading occasionally without creating an account. Everyone can easily build their own Cryptocurrency Exchange Platform online.

Cryptocurrency Exchanges can be a strictly online business where the tokens can be exchanged for other digital tokens or it can be a brick and mortar business where digital tokens can be exchanged for fiat currencies like dollars and euros. In this case, these exchanges will accept various payment modes like credit cards, debit cards, and wire transfers.

In late 2017, decentralized exchanges have been gaining popularity. Here, the platforms do not store user’s funds but facilitate peer to peer cryptocurrency trading.

Types of Cryptocurrency Exchange

There are different types of cryptocurrency exchanges in existence today. According to the nature of the transactions, they can be classified into centralized exchanges and decentralized exchanges.

Centralized exchanges act as intermediaries between the buyers and the sellers of the tokens, in turn charging a fee for providing the trading services.

A decentralized exchange eliminates the need of intermediaries for the operations. Instead of this, a decentralized exchange operates by matching the people who has set the orders for buying and selling cryptocurrencies.

Alternatively, the exchanges can be classified as follows.

• Trading Platforms

This is a centralised cryptocurrency exchange in which the exchange charges a fee for connecting the prospective buyers and sellers.

• Direct Trading

Such platforms are decentralised exchanges where peer to peer cryptocurrency exchange takes place. Here, the coins don’t have a fixed market price but it is the seller that sets his exchange rate.

• Brokers

The prices are set by the brokers and anyone can buy them at these prices.  Cryptocurrency brokers are just like foreign exchange dealers.

User friendly Cryptography Exchanges

1. Bitbuy.ca

This a Canadian cryptocurrency exchange platforms that commenced its operation in 2013 and aims to provide secure and convenient access to Bitcoins and other digital currencies. The users are impressed with the quick and efficient customer service, user friendliness and quick turnaround time for deposits and withdrawals.
The platform serves all categories of users from amateurs to experienced traders. The only drawback is that it is available to only people from Canada.

Website : https://bitbuy.ca/?ref=40H9UH4AXZ


2. Coinbase

 Coinbase is one of the most widely used platforms that is trusted by millions of users worldwide. It is easy to use and you can buy, store and sell digital currency. Coinbase wallets are available on Android phones and iPhones through which the users can buy bitcoins, Ether and Litecoins. The users can also trade with other users on the company’s Global Digital Asset Exchange (GDAX) subsidiary.It currently operates in the US, Europe, UK, Canada, Australia, and Singapore. GDAX does not charge any transfer fees for moving funds to and from your Coinbase account and GDAX account.

Website : https://www.coinbase.com/join

3. Coinsquare

Coinsquare is built on the lines of New York Stock Exchange and is committed to safe and secure trading of cryptocurrency. The system is cent percent proprietary and has been stress tested and DDos tested. They boast of not losing a single coin till date. A ledger is also maintained so that they know where every coin is at any point of time.


Website : https://coinsquare.com/register?r=BLOCKGEEKS


4. Kraken

Kraken is a largest Bitcoin exchange in euro volume  and liquidity. It was founded in 2011 and is a partner of the first cryptocurrency bank. The platform lets you buy and sell bitcoins and sell them for fiat currencies like euros, US Dollars, Canadian Dollars, British Pounds and Japanese Yen.  Digital currencies like Ethereum, Monero, Ethereum Classic, Augur REP tokens, ICONOMI, Zcash, Litecoin, Dogecoin, Ripple and Stellar/Lumens can also be traded on the platform.  It is suited for experienced traders and offers decent exchange rates along with low transaction fees..

Website : https://www.kraken.com/

5. Cex.io

The platform was established in London in 2013 and provides the users a wide variety of services for trading Bitcoins and other cryptocurrencies for fiat money. The professional traders can get personalised and user friendly trading dashboards and margin trading.

Cex.io also provides broker facilities for beginners so that they can buy bitcoin at prices prevailing in the market. CEX website is  absolutely secure and intuitive and cryptocurrencies can be stored in safe cold storage.

Website : http://cex.io/

6. ShapeShift

ShapeShift is a platform that supports a variety of cryptocurrencies including Bitcoin, Ethereum, Monero, Zcash, Dash, Dogecoin and many others. Shapeshift doesn’t require the users to create an account  nor rely on the platform for holding their fund. They can make instant straightforward trades.

ShapeShift does not allow its users to buy coins with debit cards, credit cards or any other payment system. The platform also doesn’t have fiat policy and only allows for the exchange between bitcoin and the other supported cryptocurrencies.

Website : https://shapeshift.io/

7. Poloniex

Poloniex was founded in 2014 and is one of the largest cryptocurrency exchanges in the world. The platform offers a highly secure trading environment with more than 100 different Bitcoin cryptocurrency pairings and advanced tools and data analysis for advanced traders.

There is a volume-tiered, maker-taker fee schedule in place for all trades. Hence, the fees are different depending on whether you are the maker or the taker. For makers, fees range from 0 to 0.15%, depending on the amount traded.

For takers, fees range from 0.10 to 0.25%. There are no fees for withdrawals beyond the transaction fee required by the network.

Website : https://poloniex.com/


8. Bitstamp

The platform is a EU based bitcoin marketplace that commenced its operations in 2011. It is one of those first generation bitcoin exchanges that has avery loyal customer base. It is famed in the community for its security. To enhance the security, features like two-step authentication, multisig technology for its wallet and fully insured cold storage has been included. Bitstamp has 24/7 support and a multilingual user interface  making it extremely user friendly. The users can open a free account and make an initial deposit, post which they can start trading immediately.

Website : https://www.bitstamp.net/

9. CoinMama

CoinMama is a cryptocurrency broker that as been around for quite some time. You can visit the platform to buy Bitcoin or Ether with Cash via MoneyGram or  Credit Card.  The platform is quite useful for those want to make a straightforward purchase of digital currency with local currency.

The platform is available throughout the world and in a variety of languages like English, German, French, Italian and Russian.

Although the CoinMama service is available worldwide, users should be aware that some countries may not be able to use all the functions of the site.

Website : https://www.coinmama.com/

10. Bitsquare

It  is a user-friendly decentralised exchange that allows the users to buy and sell bitcoins in exchange for fiat currencies or cryptocurrencies. The exchange is accessible quite easily and don’t need a registration on any central authority. no need for registration or reliance on a central authority. Bitsquare doesn’t hold user funds and no one except trading partners exchange personal data.

The platform offers its users great security with multisig addresses, security deposits and purpose-built arbitrator system, in case there are any trade disputes. If anonymity is what you seek,  Bitsquare is the perfect platform for you.

Website : https://bisq.network/

Other than the ones mentioned here, there are hundreds of other cryptocurrency trading platforms which are quite popular. You must be very careful in choosing the right platform by taking into account the popularity of the platform, the fees, payment methods, verification requirements and geographical constraints before zeroing in on the right platform.