When it comes to choosing, however, it is important that the user knows the best exchange site for their trading. We can determine it by their fees, commissions, methods of payment, etc.
Want to know more about the exchanges of bitcoins? So keep reading to find out more!
What is Bitcoin Exchange?
They are platforms that allow the people not only buy and sell bitcoins but also to other cryptocurrency. They do not sell them directly, but they enable contact between people who want to sell with people and who want to buy.
They work like eBay or the free market, for example. The main function of the exchanges is to ensure that buyers receive the bitcoins and sellers receive the money involved in the trading.
WHICH PLATFORMS CAN BE USED?
There are already many platforms available in the internet and, with the growth of digital coins, new options are emerging every day. Know now 4 exchanges of bitcoins that are great known for your trading!
Coinbase is currently one of the biggest bitcoin references exchange site in the world. It is available in the USA, Canada, Singapore, Australia and most European countries.
Located in San Francisco, California, Coinbase has large investors and is therefore considered a very solid and reliable platform at this moment.
Poloniex is a another biggest exchange site. You can trade bitcoin and other cryptocurrency. They add trustable coin in their exchange platform.
LocalBitcoins is a peer-to-peer exchange or, in free translation, from person to person. That is, buyers and sellers can decide on the terms of the deal and the platform is used only as collateral.
It is available in virtually every country in the world, being the only option in many places.
OKEx is OKCoin’s dollar trading platform, and is currently the world’s largest bitcoin trading platform. This economic group has other platforms in other currencies, such as OkCoin CNY, which is located in Hong Kong.