Cryptocurrency Exchange or Digital Currency exchange is a business that involves the exchange of cryptocurrency with other assets such as money or any other digital currency. It is a web service that provides electronic transactions in electronic forms and taking fees for them.
Any transactions or operations to Digital Currency exchange can be made through debit and credit cards, postal money order or any other kinds of money transfer. This article is about discussing the Pocket option various cryptocurrency transactions which facilitate crypto currency trading for freshies and what they offer in terms of availability, simplicity, security, deposit/withdrawal methods and fees. Produce your own . this guide to cryptocurrency trading can help you get started with cryptocurrency transactions.
Coinbase/GDAX
Coinbase is one of the biggest cryptocurrency transactions located in San fran, California. It is available in 32 countries and currently serves over 10 million customers. Launched in 2012, it has a simple to operate program that makes Digital Currency exchange an easy task for a non-technical person. It is also available for both iOS and Android mobile phone. Unfortunately, Coinbase doesn’t provide crypto currency mining for freshies and is only an exchange.
Nowadays, it gives four coins, Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. It transactions digital currency with us dollars, Euros and Great British Pounds. With minimum transfer fees, Coinbase hasn’t experienced any security breach so that it is a perfect platform for digital currency exchange. Also, Coinbase now offers a fully-fledged advanced exchange called GDAX. It gives more advanced features and different and better trading fees than Coinbase.
Bitstamp
Bitstamp is another platform that provides digital currency exchange. It is relatively easy to use and will be offering more advanced features via TradeView. Bitstamp offers coins such as Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It transactions digital currency with us dollars and Euro. You can apply all the latest crypto currency trading techniques in this exchange.
It gives Flat deposits via bank exchanges and supports debit/credit cards. Maybe the only drawback one can find in Bitstamp is slightly high fees and the fact that it suffered one security breach in 7 years of its operation. Nonetheless, it is one the most reliable transactions. It is available in both iOS and android mobile phone.
Gemini
Gemini is a UK based company launched in 2015 by Winklevoss twins babies. It is available in few countries including You. S, The us, Hong-Kong, Singapore and South Korea. One of the negative aspects to this platform is that it is not particularly user-friendly. So, beginners are not recommended to use this platform.
It gives two coins and 1 FLAT currency Bitcoin Cash, Ehtereum and US Dollars. Gemini follows strict protocols when it comes to security and as of 2018, it has not encountered a single security breach thus making it one of the most secure and reliable digital currency platform. However, it is important to have digital currency investment strategies before you start trading.
Digital Ticks
Digital ticks is a modern crypto exchange that aims to be a game changer in this sector. They have implemented many of the latest techniques so that it is straightforward for anyone to get started with trading.
It has a unique feature called a single Collection View that would enable the traders to see all the holding positions on one single collection. It would be straightforward for traders to make informed decisions the cryptocurrency exchange applying this unique feature. It also supports Bitcoin, Ethereum, Litecoin and Dashcoin.
Kraken
Kraken is one of the earliest cryptocurreny exchange platform. Launched in 2011, kraken is the biggest exchange in terms of volume and liquidity for EUR trading twos. It serves worldwide including the US.
Kraken offers a variety of coins including Bitcoin Cash, Ethereum, Monero, Augur, Litecoin and much more. It also supports deposit/withdrawals via bank exchanges and cryptocurrencies. Having a not so friendly program, it also suffers from stability and performance issues however, it is good platform for cryptocurrency transactions.