When it comes to finding the best bitcoin exchange things are not all that easy. Why is this so? Simply because many of the best sites to buy bitcoin are rather recently online. This means that they have had little to get the word out about their services and products. Most people coming to this page will be asking how to buy bitcoin online through a secure means.
Well, here is a good starting point. First thing to consider when looking for the top bitcoin exchange is how safe are the website and server. This boils down to asking: However, the largest bitcoin sites usually have many options for buying bitcoin with government issued currency and altcoins.
The sheer complexity of researching where to trade bitcoin led me to make this blog. Although you should always do your own research before investing, I hope this helps. Below is the table of the best exchanges to buy bitcoin online.
Secure exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card. Check out each option on the following best bitcoin exchange list. Be sure to bookmark this page for future reference. Have I missed something? Let me know see footer. Hopefully the list of bitcoin exchanges above will be of good use for how to trade bitcoins.
Each outstanding site should have detailed instructions. From here, one can easily figure out how to buy bitcoin with credit card, paypal, cash, bank transfers. Once you have got some coins then it is a good idea to store them offline not on an exchange. Each will have an upside compared to others. Check a few out and look up on forums to see what users are saying about the service provided, and which they think are the best sites to buy bitcoin easily.
The service is all over the world, meaning you can use euros, pounds, yen, australian dollars, swiss francs, canadian dollars, krona, rubles, lira, rupees and so on. If you pay by physical cash then you get to meet the person in real life. Alternatively you can do a fast bank transfer and the site will hold your coins in escrow for you once it goes through. Obviously there are more simple ways to start off. Some like to buy with paypal, but not many leading bitcoin exchanges accept this because of chargebacks.
Generally the biggest bitcoin exchanges will be toward the top of the above list. Go to bitcoinity for a good list of all the top bitcoin exchange site and their proportional volumes. Some find this handy for arbitrage between markets. Sadly, with the demise of Cryptsy there is a need for a new major first-rate cryptocurrency exchange aka altcoins. Having many medium-sized cryptocurrency exchange sites is a better situation than having one large amazing option.
Bittrex has now replaced Poloniex as the largest most amazing option. Its platform is functional enough to have attracted tens of millions of new customer every month. Things feel smooth when using Bittrex. All big and small trading pairs are offered and it is now possible to do cryptocurrency margin trading on major altcoins.
This is a cool feature, but use it with caution as leveraged trading has a certain risk factor. Keep in mind that some of the best bitcoin exchange sites also do altcoins. Yobit, Poloniex, and Changelly, are great options worth checking out. Some even offer short selling on major coins. You may also like to check the market capitalizations and compare them to others listed there. This is an important question to ask. Yes, putting the words trustworthy bitcoin exchange in the same sentence seems like an oxymoron, especially when remembering the shiny days of MtGox aka Empty-Gox.
While the bitcoin protocol has never been hacked, many peripheral businesses have. Perhaps the best question to ask would be: Generally, those listed here are optimum and of good standing, but please proceed with caution. Remember never to leave more btc online than you can afford to loose. Please come back to my blog and rate which ever finest site s you chose to buy BTC online. This helps future visitors immensely. Coinbase combine an attractive interface, a great site to get bitcoins with a debit card, and multiple online wallets for your digital currency.
Over 4,, users are signed up, including 45, merchants, and developer apps. Localbitcoins is quite a popular for p2p person to person transactions all over the world. Simply put, you interact directly with the guy selling to you. Out of all the bitcoin sites listed here, this is one of the first and most reputed.
Escrow and dispute resolution is provided by the site. Needless to say, CEX is very popular within those currency regions. There is a no-nonsense landing page, giving you the option to buy or sell , , , or USD worth of Bitcoin.
I like the transparency given to users about how much they will actually pay — even before they sign up. CEX is indeed a good beginner-optimized alternative to Coinbase. Kraken is a reputed bitcoin broker, with many markets served. Europeans love it just as much as Americans because they work well through SEPA, have an easy verification process, and are very knowledgeable when it come to cryptography and security.
As of early , this platform has been re-positioning themselves as a crypto exchange by adding multiple new altcoins. Note that Kraken users are currently reporting somewhat serious and ongoing issues with the trading interface. Increasingly severe issues with Kraken trading engine, page timeouts, generating new deposit addresses. Recently disabled stop-loss and other trading features without giving explanation to the community. A decentralized p2p platform that keeps you super safe.
GDAX is great for technical traders and offers good liquidity. Deposits are in USD and can be processed just as rapidly as withdrawls. Also happens to be the best ethereum exchange for serious players in this space.
Bitstamp are big in Europe and, since , have moved from Slovenia, and the United Kingdom in search of sound regulatory environments. Good volumes are available for larger trades. Well received by people using SEPA and credit cards. Both euro and US dollar deposits are accepted. I like Bitstamp because they really focus on being a pure bitcoin-only exchange update: Please read my Bitstamp critique for analysis of factors such as security, fees, and the history.
Etherdelta is a recent addition to my list. You absolutely have to check this decentralized exchange DeX out. More than ERC20 tokens are listed.
Daily trading volumes are respectable for the most popular ICO coins. Using this DeX requires the Metamask Chrome browser extension. The best part is that your money is always under your control. Such infallibility comes from the storing of all personal funds in smart contracts — over which only you have control of the private keys.
Over payment methods can be used. This allows you to use cash to buy in person at a physical machine. This is one of the most underrated means of purchasing with no verification of ID, and allows users to stay anonymous with over ATMs srpead over each continent.
A popular site for buying bitcoin or ether from those far-out tricky countries that are not accepted by the larger exchanges. Note that users cannot sell back to the site — only buy. Poloniex was once the best cryptocurrency exchange. Well recently customers have been migrating to Bittrex following reports of withdraw problems on Poloniex. Nevertheless Poloniex has been through extremely fast traffic growth since the demise of its rival Cryptsy in , and especially since the recent altcoin bubble of early Traffic has grown from 7 million monthly visits in February to 30 million in May Poloniex has the nicest trading interface out there, both for mobile and desktop users this will work wonders.
Loosing significant customer-base due to reports of user withdraw issues and lack of customer support. Bitmex is the leading bitcoin margin trading site. Users can trade cryptocurrency derivatives with up to x leverage. Bitmex CEO Arthur Hayes has used his experience as an equity derivatives trader for Deutsche Bank to design, build, and maintain exactly the type of platform that users are looking for.More...