For sure most of the cryptocommunity members have dealt with an important part of virtual currency infrastructure – cryptocurrency exchanges. There are hundreds of service offering users to exchange their digital coins, and The Coin Shark will tell about some popular platforms that have gained trust of millions of users all over the world.
One of the most popular exchanges, Bittrex, was founded in 2014 in United States. The exchanges names itself a “global leader of the blockchain revolution”. Bittrex is famous for the support it provides to various new startups. Working with this exchange is an important step in project development for such startups that is why one can find on the exchange many coins that are not very popular yet. Platform developers place an emphasis on security and speed of operation processing. Besides, the services activity complies to all the US statutory provisions for criminal activities fighting.
Two years ago this exchange didn’t exist and today it is one of the most popular services. The platform is famous for its speed of transaction processing (1,400,000 requests in a second) and for the number of users (8 million users in April, 2018). Binance interface includes many languages, for example, Russian, Vietnamese, Portuguese, Dutch, Spanish, Turkish and others.
American cryptocurrency exchange Kraken was known in 2011 already. High level of safety, flawless reputation, good relations with finance and banking center are its advantages. Kraken works with many fiat currencies such as US dollars, British pounds, Japanese yen and euro. Despite its location the exchange has the biggest euro trading volume among all the services that work with euro.
Chinese exchange OKEx was founded in 2014 and today it is the leader, measured in daily trading volume. It proves that the cryptocurrency market in China is alive despite the government pressure. The platform supports only Chinese yuan and such cryptocurrencies as Bitcoin, Ethereum, Litecoin, Bitcoin Cash, True Chain and others. The biggest percent of trading volume has the cryptocurrency EOS. OKEx also suggests futures contracts.
The first “european” in our list – CEX.IO. This cryptocurrency exchange was created in London in 2013. The users of this exchange can boast the fact that throughout the history of the exchange no one stole their assets. The strong side of CEX.IO – legality. The service is registered in United Kingdom and in United States and works on legal grounds.
Bitstamp was founded by Merlak brothers from Slovenia and is registered in Luxembourg, has an office in New York and functions in the United Kingdom legal field. Today Bitstamp has more than three million clients who exchange Bitcoin, Litecoin, Ethereum, Ripple and Bitcoin Cash via the platform. Fiat money include US dollars and euro.