In modern conditions, the digital currency continues to conquer the virtual universe. Many who have long appreciated all the opportunities that it offers have mastered trading. And then they completely quit the boring job in order to devote themselves entirely to more profitable earnings.
If before exchange trading was available only to a limited circle of people, today anyone can do it. The current situation in the financial market allows you to become a trader even with a small initial capital.
Capital.com
On the Capital platform, you can trade not only digital currency, but also many other asset options. It began its work in 2016 and during its existence has received several awards “for services to clients” during its existence.
Today it is one of the largest exchanges, which has long been trusted. The security of using the crypto exchange is guaranteed by licenses from two regulators at once – the British FCA and the Cypriot Cusecs.
The main advantages of the site are the presence of a multi-thousandth assortment of assets, as well as the absence of commission payments. It is not charged for the withdrawal of funds either, which is rare on other exchanges. A low entry threshold is an additional attraction for beginners.
Currently, over 300 thousand traders from all over the world are registered on the exchange.
Positive points:
a large selection of theoretical material and trading tools;
many deposit replenishment options;
have a demo account;
completely safe trading;
entry threshold from $20.
iTero
Brokerage company iTero (Israel) allows you to work with different assets. Since 2013, CFD stock trading has been possible here. This is a great option for those who want to create a career as an experienced trader. iTero allows you to fully immerse yourself in the universe of investing, chat with other traders and much more.
The number of clients of the exchange exceeds 5 million people from all over the world.
The exchange has been operating in the cryptocurrency market since 2016 and since then has been able to create a solid reputation for itself as a reliable company that you can trust. Among the main reasons for the increased demand for the platform is the addition of the so-called “copy trading” functionality to the functionality.
Currently, this function is actively gaining popularity, as it relieves the trader of the need to closely monitor changes in the market situation and conduct tedious analyzes. The essence of copy trading is to choose a reliable trader and then simply make a trade similar to the one he made.
Positive points:
more than a hundred cryptocurrency pairs to choose from;
have a demo account;
training from experienced mentors;
margin trading;
an excellent choice for an inexperienced trader;
variety of assets;
social trading;
the fee structure is simple;
convenient to replenish the deposit.
more than a hundred cryptocurrency pairs to choose from;
Binance
Anyone who is familiar with trading is also familiar with the Binance exchange. It started working in 2017 and has since earned the status of the largest platform where financial transactions with cryptocurrency are available. The site stands out among other similar exchanges with many advantages. For example, it supports all types of digital currencies in demand today.
The platform also offers the most favorable conditions for transactions. The level of the trader is not so important. Beginner or pro – everyone will figure out how to trade digital currency. And Binance, moreover, will tell you a simple and inexpensive way to do this.
The company leads among other similar exchanges in terms of trading volume on the international market. The presence of a decentralized system gives clients a guarantee of protection against wallet hacks or loss of capital after system failures.
Positive points:
the possibility of replenishing the deposit in rubles;
24/7 support service;
small commissions;
the presence of a data encryption system;
support for several hundred digital currencies.
Negative:
for anonymous clients, the withdrawal amount is limited;
unpleasant hacking experience;
experts consider storing cryptocurrencies on an exchange account unsafe (partly due to the previous paragraph).
Biaffine
Cryptocurrency exchange Bitfinex (China) is among the leaders in terms of trading volume. It is noteworthy that in order to replenish the deposit and withdraw funds, you must verify your identity. And this procedure is quite strict.
For verification, you need a package of documents:
bank statement from the account;
utility bill to confirm registration;
telephone number;
identification.
There are more than three dozen trading pairs in the public domain, as well as 14 currencies (crypto and fiat) to choose from.
In the past, the exchange has been repeatedly attacked by scammers. In the summer of 2016 alone, users lost approximately $65 million. However, at present, customer reviews of this cryptocurrency platform are the most positive. In addition, the past negative experience has become a good lesson and the owners are now much more demanding of safety.
Positive points:
interface with flexible settings;
multifunctionality;
mobile software;
many orders;
availability of technical analysis tools;
increased degree of liquidity;
enhanced security through API, 2FA authentication, advanced functionality to control user profiles.
Negative:
identity documents must be in English;
if you deposit or withdraw money in dollar currency, the commission will be at least $20.
Cex.io
The CEX.io exchange is one of the oldest among those who work with cryptocurrencies. She began working in London in 2013 as a bitcoin platform and cloud technology provider.
There was a time when the Ghash.io mining pool she owned was so large that it occupied almost half of the entire network power.
At the beginning of 2015, all cloud mining operations were discontinued. And since then, CEX.io has been operating only as an exchange. The office is under the auspices of FINCEN and is guided by the AML and KYC policies in its work. “Anti-money laundering” and “Know your customer” respectively. Thus, in order to start cooperating with the exchange, the user will need to undergo mandatory verification.
