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Here, it's also important to mention that bitcoin is a lot familiar currency and most of the governments are thinking to embrace and regulate it.4-TransparencyBefore investing in any crypto exchange, check its transparency. This is because there are many exchanges throughout the globe that has hidden fees and charges.
Therefore, check the transparency before investing in it and in addition, in the event the commission is taken with a ratio to trading volume. That is because commissions taken in ratio with trading volume always prove beneficial for investors.There are many other things to be looked for before selecting any crypto exchange.
The exchange charges and the exchanges procedures of knowing its clients and anti-money laundering techniques are also important in this aspect. Nowadays, it is also much important to consider the currencies that a particular crypto exchange accepts and whether it allows you to purchase bitcoins via credit/debit cards or not.
There are a whole lot of crypto exchanges in different countries across the world. Here, it is always important to keep in mind that each of the exchanges are not made equal. As a result, the selection of a suitable bitcoin exchange becomes a lot important. You can assess the worthiness of any bitcoin exchange by reading the users reviews.
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However, based on the user testimonials and trading volumes following are the top five bitcoin exchanges throughout the world.Coinbase is the very best cryptocurrency exchange throughout the world situated in San Francisco, United States. Millions of customers are using this exchange globally because it offers them buy, sell, and trade bitcoins securely.
This exchange also takes payment via debit/credit cards and requires flat 3.99% commission on all the purchases and sales. Here, it is important to mention that this cost is less than the rest of the exchanges in US and UK.Get started now and Get $10 worth of free bitcoin when you purchase more than $100 value on CoinbaseThe exchange also offers a bonus of on the purchase of bitcoins of worth $100 or more.
You can follow the following steps to buy bitcoins from this exchange.First of all, you need to make an account together with the exchange.As a payment method you can add your own credit/debit card in your profile.The exchange will enroll you after necessary verification of your account.Now, you can purchase bitcoins through your credit/debit card.The website has a gorgeous user interface.
Following are the pros and cons of the bitcoin exchange.PROSBeautiful user interface.High liquidity with maximum buying limits.Reasonable fees.Huge database of reliable customers.Provides Instant Buy facility via debit/credit cards.Quite simple to use for beginners.CONSPurchases through bank accounts take 3-5 days to transfer bitcoins to a account.Tracks the spending of funds.Get started today and get $10 worth of free bitcoin when you buy more than $100 value on CoinbaseThis is another top notch exchange that enables the consumers to purchase bitcoin and ether through credit/debit cards.
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Furthermore, this exchange can also be preferred by many dealers because it allows them to buy bitcoins by exchanging their local currencies. Even though the services of the exchange are available globally, yet some countries cannot use its entire functions.The exchange takes 6 percent fee on purchases via credit/debit cards. It requires higher fees due to the dangers involved in this kind of payment.
You can buy $5000 worth of bitcoin everyday but using a maximum limit of $20000 value of bitcoin in a month. For try this website purchasing bitcoins through this exchange, you'll need to register yourself with the web site. After the necessary verification of your account, you can add your own credit/debit card as a payment method and can buy bitcoin.Read Also: Step By Step to purchase Bitcoins From CoinmamaHere, it's also worth mentioning that this exchange provides one way trade.
Following are the pros and cons of buying bitcoins through this exchange.PROSHas amazing and user friendly interface.Works in most of the countries across the world.Accepts payments through credit/debit cards.Allows buying bitcoins by exchanging any regional currency.Offers highest daily and monthly limits for buying.Transaction period is very fast.Is much reliable and secure.CONSTakes higher prices than many other exchanges.Offers no bitcoin selling facility.This Czech based crypto exchange has emerged as a prominent exchange within the past couple of years.
You will find more than 700,000 customers enrolled on this exchange. This website accepts payment in more than 35 currencies including US Dollar and Euro. If you want to exchange one cryptocurrency together with the other, there is no greater exchange than changelly.This exchange is based on a robot that is linked with high crypto exchanges of the world.
This site does not take fix fees. Instead, it requires 0.5percent along with networking fees. It takes 5-30 minutes to transfer bitcoins in your wallets. Here, it's important to mention the time for transfer of bitcoins for your wallets may fluctuate depending on the rate of this blockchain network.Changelly is far famous for providing high limits.