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Best Cryptocurrency Exchanges 2018 | Reviews, Fees and More

Stefan by Stefan
13/09/2018
in Blockchain Archive
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For the sake of helping our readers to find the best place to exchange their cryptocurrencies, in this post we will show you some of the exchanges with the most users, popularity, and trust from the crypto community.

  1. Binance

Binance is a crypto exchange that is based in Malta and is an exchange with some of the lowest fees per trade at 0.05%. Binance is available in English, Chinese, Spanish, Russian and many more languages and supports lots of coins. With Binance you can convert your coins into almost every other altcoin.

2. BitMex

This trading platform was founded in 2014 by a group of people with huge experience in the crypto world. The platform offers a 0.25% maker fee. No fees for deposits or withdrawals are charged. BitMex is one of the exchanges with the broadest spectrum of services with a very easy-to-use interface.

3. Bitfinex

This is one of the most popular Bitcoin exchanges. They accept fiat deposits too. They use the make-take fee model with fees starting at 0.1% for the maker and 0.2 for the taker. Bitfinex offers many trading options and it is very sophisticated.

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4. Coinmama

Coinmama is one of the exchanges that allow you to buy bitcoins without verifying your identity. In order to do that, you need to buy less than $150 worth of bitcoins. This makes small purchases very easy. Users can buy bitcoin with a debit or credit card with a 6% fee. It is, however, one of the more expensive bitcoin brokers.

5. Coinbase

It’s difficult to discuss trade stages without saying these folks since they are the pioneers. Their charges are fairly higher. However, they do offer both Wire and Credit exchanges, which can be helpful. It is constrained by nation and coins you can exchange here.

  1. Zebpay

Zebpay is probably the most popular cryptocurrency exchange in India with more than 3 million users. Zebpay is also very popular in other countries as well. Here you can exchange your bitcoins but also many other cryptocurrencies and enjoy the low fee conditions. This exchange accepts various payment options such as Net banking, bank fund transfer, and IMPS.

  1. Kraken

It was founded in 2013 and it’s growing in popularity to this day. Deposits can be made via bank wire, SWIFT and bank deposit. It’s a trusted exchange with very low fees and deep liquidity. It provides high security as well.

  1. Mycelium

Mycelium helps you to find all the local bitcoin sellers in your area. There are no fees involved but the one major downside is that users in low populated areas will have a hard time finding sellers since you meet up in person to conduct the trade. It’s easy to use and cheap to buy bitcoin with cash.

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  1. LocalBitcoins

It’s important to know that you can buy bitcoins via LocalBitcoins in person. It’s very popular around the world. It’s private and very simple to use. Keep in mind that in-person trading can potentially be a scam and it’s also harder to buy larger amounts of bitcoins.

  1. Satoshi Counter

This bitcoin exchange offers a lot of opportunities for crypto lovers. You can buy bitcoins online or you can choose to trade bitcoins in person for cash. You will need, however, to go through an ID verification process but this exchange is run by the Montreal Bitcoin Embassy so it’s pretty safe.

  1. BitAcess

BitAccess is not only an exchange but also a Bitcoin broker that is actually funded by the Canadian Government. They also have a number of ATMs around the country and there is no ID verification for small transactions. This is a very trusted broker but the fees can get a little hefty.

  1. Bisq

Bisq is a p2p, decentralized trading platform which doesn’t even collect users’ email addresses. The platform also doesn’t hold the customers’ assets which is great for people who don’t trust online platforms or apps.

  1. CEX.io

This exchange will allow you to purchase bitcoin with a credit card, cash or SEPA transfer. They have low trading fees of 0.2% and operate in many countries around the world. The verification process can be a little extensive.

CEX (additionally prominently known as CEX.IO) has been around since 2013. This altcoin trade has a significant ruling nearness and is especially known for the way that it bolsters Credit Card installments. CEX at first began off as a Bitcoin exchanging and cloud mining stage, however, has since ventured into turning into a legitimate, undeniable Altcoin trade.

CEX has a high exchanging volume and offers various levels of record checks. The most abnormal amount of checked records can make substantial exchanges consistently. Their day by day store and withdrawal confine is 10000$ every day and 100000$ every month! This makes CEX extraordinary compared to other altcoin exchanging stages for the individuals who bargain in huge sums.

  1. Paymium

This exchange is not based in the UK but it provides services for UK citizens. It was actually the first European Bitcoin exchange established in 2011. Customers can purchase bitcoins via wire transfer or credit card but for all amounts over 2,500 EUR, ID verification is required.

  1. BitPanda

Bitpanda is a broker based in Austria but is extremely popular in the UK. They have high payment limits and very low fees. Users can purchase bitcoins with credit cards, debit cards, SEPA, and online bank transfer. It’s a very reliable and trusted broker. However, the fees are included in the price and can’t be seen openly on the site.

  1. CoinCheck

CoinCheck is a leading cryptocurrency exchange in Asia. However, their network is spread around many other countries as well. The reason why users love CoinCheck is the fast trading platform among many other services they offer. You can trade cryptocurrency in literally few minutes

  1. Bittrex

Bittrex is on the list of the 10 largest crypto exchanges and there’s a reason behind that. Bittrex supports a lot of coins that other exchanges don’t. The platform’s team recently worked on a new interface that is simpler and easier to use because they were getting lots of complaints from users that the interface was incredibly confusing. They listened to their users and changed the interface after three years of using the same one.

  1. GateHub

Gatehub is not only a Ripple exchange. It also works as a Bitcoin and Ethereum wallet. It makes it possible for users to exchange and store cryptocurrencies. It works with private keys and passwords that are heavily encrypted.

What is most amazing about GateHub is its ability to access your wallet even if you forget your private key. You can access it via other platforms. Of course, this may concern some users that this might be easy for hackers to attack your wallet, but it is highly unlikely since the hacker would need a two-factor authentication to log in.

  1. Whale Club

This platform serves more than 15.000 users every day. This exchange doesn’t charge fees when it comes to deposits or withdrawals and they also don’t have any kinds of limits. The trick is however, they only accept crypto deposits so before you start trading here, you must own some bitcoins. Standard open book trading is not available. The platform has one of the best and most user-friendly interfaces so everyone can easily use it and it is also very fast.

  1. Poloniex

Another significant player with regards to the best altcoin exchanges, Poloniex has made a significant name for itself in the course of recent years. The altcoin exchanging stage won’t be as apprentice benevolent as some different alternatives said on this rundown, yet it is surely one to consider for the individuals who have been exchanging for some time. Poloniex offers an incredible stage with regards to looking at different cryptocurrencies and dissecting them actually.

  1. BitQuick

This exchange makes sure to connect you with sellers that want cash for bitcoins. It basically gets the job done for you. Although it’s only available in the US, many banks accept it across the state. It works exactly like the first one. Buying bitcoins this way is the fastest and usually, it takes about an hour to finish the process. However, the fee is higher for cash trading.

  1. BitStamp

Bitstamp is one of the first exchanges in the world. It’s based in Luxembourg and it’s one of the first digital asset exchanges in the entire EU. Bitstamp announced that they would start XRP trading in January 2017, and so they did. The first month of the membership is fee-less. Of course, as with any other good product, with the increasing demand, the prices changed.

People in the EU recommend Bitstamp because it has less than 0.25% fees and also they can deposit Euros with SEPA without any charge. The great thing about it is that it is licensed. You can buy XRP here with Euros or dollars. They offer great, transparent and efficient services.

  1. itBit

itBit is an exchange licensed with the New York State Department of Financial Services. With this exchange, customers can buy large amounts of Bitcoin all across the US except Texas. itBit has really low fees; 0 percent for market makers and 0.2 percent for market takers. However, it requires ID verification and the interface can be a little confusing.

  1. Gemini

Gemini is a New York-based exchange but it’s also very popular in South Korea, Singapore, and Canada. It’s trustworthy and has some of the lowest fees in the US. It can be a little confusing at first and also it’s not available for every state in the US.

  1. eToro

eToro is a very different kind of exchange. It’s among the top 10 exchanges in the UK since it’s not a crypto-centric platform. However, you don’t really do the purchase but eToro does it for you and holds your assets until you cash out.

26. Xapo

Xapo is a great exchange for you to purchase bitcoins in the USA. It is based in Switzerland but the exchange works in many countries around the world. The exchange offers low fees and deposits via SWIFT transfer. However, transaction fees can get a little pricey. The great thing about it is that you can get a Bitcoin-funded debit card that works like a usual debit card.

27. LibertyX

LibertyX is a simple way to buy Bitcoin in the US. You will first need to download an app and then locate the nearest place that sells LibertyX codes. Then, you will enter your code into the app and your bitcoin address and at the end, your bitcoins will be on your address. Purchases come with a 1.5% fee. It’s super fast and easy to buy bitcoins and there’s also a daily limit of $1,000.

28. Luno

Luno specializes in bitcoin trading but also does a pretty good job at ethereum trading as well. The exchange easily connects traders from many countries and deposits in fiat currencies are accepted. Luno also has a great Android and iOS app with a very cool interface. However, the fees can get a little pricey.

DC Forecasts is a leader in many crypto news categories, striving for the highest journalistic standards and abiding by a strict set of editorial policies. If you are interested to offer your expertise or contribute to our news website, feel free to contact us at editor@dcforecasts.com

Tags: 2018altcoin exchangesCrypto ExchangesCryptocurrencyExchangeFeesNEWSreviews
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Stefan

Stefan

Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.

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