10 The best and most trusted place trading bitcoin for beginners
Choosing the best and most trusted place to trade or buy bitcoin is one step that very important for all trader, on this step must be done before making money online that sometimes this becomes difficult for beginners.
This article will help you beginners in cryptocurrency trading, that looking for the best and trusted information on bitcoin trading places.
In this case, it is very important for traders to choose exchange bitcoin to buy bitcoin or to sell bitcoin.
What is trading?
Everyone is familiar with the term “trading”. Most of us have traded in everyday life, even though we don’t know that we have done it. In essence, everything you buy in the store is trading money for the items you want. Trading on traditional markets is buying and selling real goods that can be directly used, while bitcoin trading is a digital asset that is traded with the aim of gaining profit.
Principles of trading
The term “trading” means “exchanging one item with another item”…We usually understand this to be an exchange of goods with money or in other words, just buying something.
When we talk about trading on the financial market, that is the same principle. Think of someone who trades in their shares. What they actually do is buy shares (or a small portion) of the company. If the value of the stock increases, then they make money by selling it again at a higher price. This is trading. You buy something with one price and sell it again for another – hopefully at a higher price, so you can make a profit and vice versa.
10 of the best and most trusted bitcoin exchanges
In choosing the best bitcoin trading site observed the volume of the site and trying to sort it according to the data analyst for the last one year. and eventually, find some of the best bitcoin trading places that you can make a field to make money through trading.
Binance is a Hong-based crypto exchange launched by a developer named Changpeng Zhao in July 2017. Zhao Beijie Technology’s company created an exchange after its ICO was successful which managed to raise as much as $ 15 million. Beijie Technology and its founders maintain an impressive track record in this industry. CV Zhao achieved a high profile position, like the technical director at Blockchain.info, and his company now provides a trading system that has more than 30 other platforms.
Beijie Technology and its founders maintain an impressive track record in this industry. CV Zhao achieved a high profile position, like the technical director at Blockchain.info, and his company now provides a trading system that has more than 30 other platforms.
In this exchange, you can exchange bitcoin to rupiah and you can immediately cash the money you exchange after the indodax confirms your sale. Besides that, Indodax provides facilities for all members to sell and buy their bitcoin at a very attractive price.
This exchange is a favorite place for bitcoin traders, especially those from Indonesia, and is the largest exchange in Indonesia
OKEX is a futures exchange that was just launched by the Chinese bitcoin giant OKCoin. In addition to operating bitcoin exchanges, OKCoin offers mobile consumer payment and payment applications. OKEx also always maintain strong liquidity in the pair CNY /BTC. OKCoin manages two main entities, including those focusing on the Chinese domestic market and another focusing on the international market (based in Hong Kong). Together, the exchange is one of the largest crypto exchanges in the world with overall trading volume.
Bithumb is a cryptocurrency exchange based in Seoul, South Korea. Founded in 2013, this makes it possible to buy, sell, and store Bitcoin and various other cryptos. Not only is it one of the highest and highest exchange exchanges in South Korea, it is also one of the global leaders in Bitcoin trading volume.
The Kraken, headquartered in San Francisco, California, claims to be the largest Bitcoin exchange in terms of euro volume and liquidity. It operates throughout the United States (except New York because of BitLicense) and Canada, as well as in the European Union and Japan.
Bitfinex is the largest Bitcoin exchange in the world by volume. $ 22,141,222 USD
61,985 BTC traded through Bitfinex until December 10, 2018 – almost double the number of closest competitors Bitfinex, including Kraken (3.65 million BTC) and Cooinbase (3.06 million BTC).
HuoBi is one of the world’s leading trading platforms, committed to providing professional, safe and honest transaction services for investors. March 4, 2014, daily trading volume of more than 260,000, transactions reaching 1 billion yuan, creating a global trading platform as a place for Bitcoin, and this is one of the largest trading volumes of the Bitcoin trading platform in the world. Exchanges do not charge a deposit fee but have a withdrawal fee of around 1% – 2%.
Bittrex is an exchange of US cryptocurrency that has been increasingly popular among crypto traders since launching its operations in December 2014. Stable growth makes it one of the most preferred altcoin exchanges on the market.
According to the bitcoin exchange page, it has been operating since 2013. Overall the market makes a very good impression when first launching. and these total volume exchanges up to 10 December 2018 are $ 248,158,270 USD 69,380 BTC
Coinbase’s GDAX (now Coinbase Pro) is a cryptocurrency exchange that trades USD for Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, allows an exchange of coins-to-coins, and pairs with Coinbase.
More specifically, GDAX (a product of Coinbase company) allows users to trade 1. USD and Euros for Bitcoin, Cash Bitcoin, Ethereum, and Litecoin, 2. British Pound (GBP) for Bitcoin, and 3. Bitcoin for Ether, Cash Bitcoin and Litecoin (and therefore Ether for Bitcoin, Bitcoin Cash for Bitcoin, and Litecoin for Bitcoin). NOTE: This means that not all types of trade are offered. For example, someone cannot trade Litecoin for Ethereum directly.
Choose the best exchanges
To choose which exchanges will be used for bitcoin trading purposes, of course you can not be separated from your own wishes, because there are exchanges that are widely used in certain countries, but not so crowded in other countries, depending on your choice, and the most important is your experience that will be able to determine the success or failure of a career to buy bitcoin trading and sell bitcoin in the bitcoin market.
The exchange mentioned above certainly has its own advantages and disadvantages, and there may be a difference in the bitcoin price between exchanges which can be used to arbitrate trading