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By Manish Patel | Monday, January 1, 2018 12:04 PM | 3 min read | 133
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Cryptocurrency is the platform where you can sell, buy and exchange your cryptocurrency. Some of them are like US dollar, Euro, pound, etc. It can be a helpful platform for those who want to trade professionally and work with other currencies. You can exchange your cryptocurrency by verifying your account. On other hand, If you want to use it occasionally then you do not need to create your account.
There are various types of exchanges like Direct trading, Brokers, and Trading platform are available. The direct trading platform allows doing person-to-person trading. Two persons from different countries can exchange their currency individually. In a Broker exchange, the broker of a particular website fixes the rate and anyone can purchase cryptocurrency at a price set by the broker. Now, the trading platform provides one platform as a website OR application where buyers and sellers can make a transaction.
Thus, we can see the importance of cryptocurrency development services. However, before joining an exchange you should take care of a few things about the exchange platform. Let’s say Payment Method, Fees, Verification need, Exchange rate, Geographic restriction, etc.
Coinbase: Coinbase is one of the most popular trading platforms and brokers in the world. It allows users to securely buy, sell, store and use the cryptocurrency. Every user can purchase bitcoins through their digital wallet. They can also buy through trading with other users on the company’s GDAX subsidiary. GDAX(Global Digital Asset Exchange) does not charge for money transfers.
Cex.io: It provides a wide range of services for cryptocurrency exchange. For professional trading, it provides a personalized and user-friendly dashboard. Cex.io provides the brokerage service as well where traders can simply buy bitcoin at prices that are less or more according to market prices.
ShapeShift: ShapeShift support a variety of cryptocurrency. It includes Bitcoin, Ethereum, Zcash, Monero, and many more. It is the best application for those who want straightforward trade without any type of account creation.
Poloniex: It is one of the most leading cryptocurrency applications. It has the functionality of Bitcoin cryptocurrency pairing and data analysis.
Kraken: It was founded in 2011. Also, it was the first cryptocurrency partner with a bank. It allows buying and selling bitcoins and trades between Euro and bitcoin, US dollar, Japanese Yen, British Pound. It has a good reputation in the market and has low transfer fees in comparison with other cryptpcurrency exchanges.
Bitstamp: It is a European Union-based bitcoin marketplace. It is considered a safe bitcoin exchange platform throughout the bitcoin community. It provides advanced security such as two-step authentication, fully insured cold storage, etc.
CoinMama: It is a veteran broker platform. Anyone can visit and buy bitcoin on this platform. Also, the CoinMama is available worldwide where some websites are restricted in some countries.
Gemini: It is a fully regulated licensed bitcoin and Ether exchange application. We can say that its requirement and standard are almost the same as a bank. It supports three currencies US dollar, bitcoin, and Ether. So, this platform does not support other currencies.
Here, you can find the best cryptocurrency exchange platform available in the market. You can see that how much it is important nowadays and it is very beneficial and secure for users. Concetto Lab is a leading Cryptocurrency App Development Company in India. We have professional bitcoin developers for hire. So, we can help you with bitcoin application development. Let’s convert your thought into reality.
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