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Cryptocurrency trading site
2017 was a huge year for best cryptocurrency trading site. The explosion of growth in the market also meant an explosion of questions like “where can I buy Bitcoin?” and “where can I trade cryptocurrencies?” We’re going to answer those questions here so you know the best places to buy and sell cryptocurrency in 2018.
What Is A Cryptocurrency Exchange?
If you’re familiar with the idea of stock exchanges, you’ll have no trouble grasping cryptocurrency exchanges. They simply provide a marketplace for buying/selling/trading cryptocurrencies. The goal of any exchange should be to provide and fair and orderly opportunity for anyone to invest in the market. Exchanges make their money by charging small fees on the transactions that take place on their platforms. There are tons of cryptocurrency exchanges out there, and there’s a chance we see others emerge as the crypto craze continues to grow. So how do we find the one that we want out of all these options?
What Makes A Good Exchange?
There are many factors that go into a good exchange, the obvious being reputation and security. You may be restricted from certain exchanges due to your region. As with any software platform, a good UI can make all the difference. Other factors to consider are the available order types, altcoins, maker/taker transaction fees, and payment options. Margin trading is also a very desired feature among traders.
Each of us have different priorities and will value each of these things differently. For example investors would probably be more likely choose one exchange with a high reputation and ease of access, while most traders will use a combination of exchanges to gives themselves access to all the features they need.
Let’s run through a handful of the top exchanges, identifying the pros and cons of each so that you can choose the best one for you.