The Crypto Guide 101 - Best Cryptocurrency Exchange for 2018

This guide will teach you to choose the best cryptocurrency exchange. We have come up with the list of best cryptocurrency exchange in 2018 for you.

What is cryptocurrency exchange?
Cryptocurrency exchanges are the websites where people buy and sell crypto coins for other digital currencies or traditional currencies like INR, USD or EURO. For those who want to trade professionally, and have some fancy trading tools, you will most likely need to verify your identity to open an account.

Best Cryptocurrency Exchange

There are various cryptocurrency exchanges available in the market where you can buy coins but finding the best one is a bit tough. I will mention some of the most-trusted platforms where you can buy the Coins or Tokens. Most of the exchanges offer only the top coins like Bitcoin, Etherum, Bitcoin Cash and Litecoin.

This article will get you an informative idea to make a proper decision on where you should buy coins, what factors you should consider while exchanging a coin or opening a crypto account.
Cryptocurrency


Converting Traditional Currency to Cryptocurrency

If you are new to the crypto world, your first step will be to buy coins with real money like USD, EURO or INR. For that, you need to deposit money in Crypto wallets like ZebPay (in India) or Coinbase (in the USA). You can place an order to buy your required coin with the deposited money.

Note: Due to regulations, your exchange may ask you for an ID proof before activating your crypto wallet.

You need to find a trusted exchange in your domestic country to convert your bank money into Bitcoin or any other Cryptocurrency.

Cryptocurrency Exchanges in India

In India, Bitcoin fever is hitting up with over 2,500 users with trading Bitcoin daily. Trading volume gets rise up to $20 Bn in a year. The government policy is still in cooking mode, where the majority of the exchanges have already adopted KYC way to decrease the trading risk.

Following are the Best Cryptocurrency Exchanges in India:

(Please note, the order is random, and the information is collected from the Press Statement)

1.   Unocoin

2.   Belfrics

3.   BTCXIndia

4.   BuyUCoin

5.   Zebpay

6.   Coindelta

7.   CoinSwitch

8.   FlitPay

9.   Koinex

10. ThroughBit

11. Coinome

12. Redipay

Cryptocurrency Exchanges in the USA

The USA is the home of the world’s largest crypto companies. So no surprise to buy a Bitcoin, Etherum, Ripple or any other coin easily with any payment method: Cash, Bank Transfer or Credit Card.

Following are the Best Cryptocurrency Exchanges in the USA:

1.   Coinbase

2.   Coinmama

3.   GDAX

4.   LocalBitcoins

5.   BitQuick

6.   Gemini

7.   Bitstamp

8.   Kraken

9.   Athena Investor Services

10. Wall of Coins

Things to consider before buying a coin from an exchange

Here are some important things you should consider before making your first cryptocurrency trading:

Reputations: The most important factor is to check the exchange company reputation. In India, Zebpay is the most reputed brand to buy and sell Bitcoins. Coinbase is #1 in the USA. To know more about your domestic exchange company, check out the client reviews on their website forum or app in Play Store.

Fees: All exchange companies have their fixed fee-related information on their websites. Before joining, make sure to check and understand the Deposit, Transaction, and Withdraw fees. Make sure to choose the exchange that has fewer fees rate.

Payment Method: Make sure to check the payment method for buying the coins. It may be Internet Banking, Credit Card, PayPal or Payoneer. If there is a limited payment option, it may not be convenient for you to use. Buying cryptocurrency via Credit Card may required additional ID verification – depends on your country regulation.

Verification: Majority of the Bitcoin trading platform in the USA and UK need identity verification to deposit and withdraw currencies. Also, some exchanges allow you to remain anonymous. But if a verification requires, it may take a week to get approved depending on your exchange load.


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