Bitcoin was initially viewed as a threat to the existing monetary system. It was feared that this could change the face of currency system worldwide. But the advantages of the digital currency outweigh its cons.
Many companies have slowly caught on to the positive of the cryptocurrency. Recent the demand for BitCoin has increased and it is being recognized as a medium of digital value. Many companies have begun to accept BitCoin as a valid medium of exchange.
Many websites have started the services of exchanging BitCoin. These websites are relatively new and are still in the process of attracting BitCoin user.
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Top Bitcoin Exchange Websites
This section aims to bring these websites to light. Without further ado, let us look at some of the existing and upcoming websites that exchange BitCoin.
Kraken allows its users to convert BitCoin into any choice of internationally accepted currency. It acts as a BitCoin Exchange and also provides a forex trading platform all as one comprehensive service.
Its order forms are very advanced and allow the user to trade and exchange currencies as per their choice. It also has big-picture security, along with extensive legal counsel, full reserves.
It has roped in many affiliated banks. It is the preferred choice of BitCoin cum Forex Exchanges on the world wide web. It also provides heightened security features to its users.
2. Bitcoin Source
Bitcoin Source was launched in 2014 and is one of the recent entrants in the Bitcoin exchange platform. Nevertheless, it has already made a mark in the virtual exchanges.
It provides many exciting features and allows users to make deposits by many methods. Some of the methods by which users can deposit money are by credit card, Visa, American Express and MasterCard.
This website provides advanced trading tools like short selling, liquidity swaps, and margin trading to sell and buy Bitcoins.
Launched in 2012, Bitfinex has grown in a short period to become one of the leading exchanges going by the trading volume. Bitfinex has upgraded its security features after a mishap in Aug 2016.
It is estimated that almost 120,000 units of BitCoin were stolen by hackers. Bitfinex has since then been working on upgrading its security to ensure the breach is not repeated in the future.
Bitstamp, a Luxembourg-based Bitcoin exchange, is one of the top websites in terms of trading volume. It was estimated to be the second largest exchange in the world as of 2016, based on trading volumes.
The site enables the user to instantly place an order to sell/buy Bitcoins at the best-offered price.
Bitstamp was first registered in 2011 in Slovenia. It later moved its registration to London in 2013 and the later on to Luxembourg in 2016.
Coinbase is a digital asset exchange company and is located in California. Coinbase allows its users to spend, receive, buy and accept bitcoins. Many business and merchants use Coinbase as a Bitcoin processor.
It is undoubtedly one of the leading Bitcoin exchanges. Coinbase supports not only Bitcoin but also Ethereum. It allows the exchange of digital currency against currencies of almost 32 countries. Coinbase has a storage database of bitcoin in 190 countries worldwide. It additionally supports mobile wallets in smart devices on both iOS and Android platforms. Other than acting as a digital asset exchange it also provides a diverse set of features to its users.
Circle, a peer-to-peer payments technology company offers its services primarily in the United States. Customers can use Circle to buy bitcoins by using PayPal, Credit/Debit Cards or even their Bank accounts. It has also extended its operations and currently has offices in the United Kingdom and Luxembourg. It hosts a mobile payment platform, Circle Pay, which allows users to hold, send or receive traditional currencies.
BTCChina or BTCC is a Shanghai-based exchange platform for BitCoins. It is one of the oldest digital currency exchanges and has been in operation since 2011. It offers a variety of services which includes allowing digital currency exchange, a mining pool, payment processing systems and consumer wallets. BTCC primarily supports BitCoin exchanges with US Dollars and Chinese Yuan.
Just coin is a Norway based digital exchange website which allows users to deposit using bank wire. It currently supports US dollars, Euro and Norwegian Krone. It facilitates conversion and trading in Bitcoin to USD, Bitcoin to Euro, Bitcoin to Krone, Bitcoin to XRP (digital currency supported by Ripples) and Bitcoin to litecoin.
CampBX website that facilitates buying and selling of Bitcoins using US Dollars. The website is robust and easy to use and is well trusted for currency exchange transactions. The site also provides number of advanced trading features.
Bter is a bitcoin exchange website that supports cryptocurrency exchange. Other than Bitcoin, it also supports a variety of virtual currencies like litecoin, BTC, LTC, FTC, ppcoin, freicoin, terracoin and other altcoin.
BTC-e is a Bulgaria-based company which operates as a digital currency exchange. It allows the users to convert Bitcoins and Litecoins to US Dollars, Euros, and Russian Rubles.
BitPanda allows users to securely buying and selling of Bitcoin. It additionally allows the user to store Bitcoin. It was founded 2014 and has seen a consistent growth over the next couple of years. BitPanda accepts many payment methods like Visa, MasterCard, NETELLER, Skrill, GIROPAY/EPS, OKPay, SEPA, OBT, Cash2Coin.
LocalBitcoins is a peer-to-peer exchange website. The buyers an sellers decide the terms of trade while this site is used as escrow.
Poloniex allows the users to exchange various virtual currencies. It supports Ethereum, Bitcoin, Litecoin and Dogecoin.
Anycoin allows users to sell and buy Bitcoins and other cryptocurrencies easily, securely and instantly. The website makes selling and buying process as fast and easy as possible for clients, all the while ensuring online security.
CEX.IO is a virtual exchange website that is getting constant internet traffic. The website allows users to deposit fund via bank transfer or MasterCard/Visa.
Based in Paris, Coinhouse lets users buy bitcoin with a 3D secure debit card or credit card, or with Neosurf prepaid cards.
Bittrex is based and regulated in the United States. Bittrex is a go-to spot for trading in the existing and upcoming cryptocurrencies. The trade execution is unbelievably fast and the website is up to date with the best security practices of the industry. The core focus of Bittrex is to provide the users with the best trading experience
As the name suggests, WeSellCrypto allows the user to buy crypto coins online.Users can buy cryptocurrency using PayPal and will be delivered the currency within 60-seconds.
Currently, WeSellCrypto offers Dogecoin, Bitcoin, Litecoin, Dash, and Reddcoin.
Here was the list some of the Best Bitcoin Exchange Websites, a good reference for the people looking for bitcoin exchange websites.Leave your valuable feedback in the comments section below.