Best cryptocurrency exchange list 2019 – Payment methods, fee, crypto, features & more

best cryptocurrency exchange list 2018 payment methods, fee, features, altcoins supported and more

Cryptocurrency exchange is a place where we buy, sell and trade cryptocurrencies or altcoins (cryptocurrencies other than bitcoin) against fiat currency (USD, Euro…) or other cryptocurrencies.

This article lists the best cryptocurrency exchange available worldwide in 2019.

It provides a detailed overview of the major attributes of each cryptocurrency exchange and rates them accordingly.

Cryptocurrency market evolves around cryptocurrency exchange. Each cryptocurrency exchange differs from other cryptocurrency exchange in their primary role, features, quality of service, and most importantly user experience. Hence choosing a right cryptocurrency exchange can be a tedious job.

But this article provides the detailed overview of the features offered by the platform. Hence helps you choose the right and best possible cryptocurrency exchange which serves your purpose.

Types of best cryptocurrency exchange

As I said above no two exchange alike. They differ according to their primary purpose, features, and services offered. I have categorized cryptocurrency exchanges in three parts

1. Cryptocurrency trading platforms –

These are the more traditional type of exchanges “similar to the stock exchange” where you trade altcoins at an open market price. These type of exchanges charge a tiny amount of fee for a transaction.

This type of exchange allows you to trade cryptocurrency against another cryptocurrency. They provide a trading platform with advanced trading tools like coin price charts, margin trading etc.

Binance, Bitmex, Huobi.io are the prime examples of these type of altcoin trading platform

2. Cryptocurrency Brokers

Cryptocurrency Broker is kind of similar to cryptocurrency trading exchange which allows users to buy cryptocurrencies at a slightly expensive price than an original market price of the cryptocurrency with Fiat currency like USD, Euro, AUD, INR.

Brokers work as the third party service which adds their premium to the original market price of the cryptocurrency.

These exchanges work like wholesalers which buy the product at wholesale price and sell at their own price tag. Most cryptocurrency brokers are also a trading platform with basic trading tools.

Changelly, Cex.io, and Coinbase are few of the examples of cryptocurrency brokers

Check the real-time statistics of Cex.io

changelly vs shapeshift review and comparison 2018

3. PtoP exchange (Peer to Peer exchange)

These type of exchanges act as a middleman between the buyer and the seller and let them trade at whatever price they want.

Local Bitcoins is a prime example of these type of exchanges. The best part of these type of exchanges is that you have the option to buy and sell the coin using any payment method including cash.

To counter the risk associated with the peer to peer transaction. Exchange use escrow service which holds the cryptocurrency til the confirmation of payment by both parties.

First, the buyer makes the payment and then confirm the payment execution at his/her end. The seller releases the cryptocurrency after confirmed receiving of the payment. Exchange charge a tiny amount of escrow fee from both parties.

Exchanges also use a reputation system to categorize the reliable and trustworthy seller and buyer.

Local Bitcoins, Paxful are few of the examples of p2p cryptocurrency exchange

Local Bitcoins and Paxful Exchange are few of the rare exchanges which allows to buy bitcoin with INR instantly.

What features to look for before choosing the best cryptocurrency exchange

1. Background:

Reputation and the background of a cryptocurrency exchange is the first thing to look for before choosing the cryptocurrency exchange.

The best way to check the reputation of exchange is to read user reviews on public forums like Bitcoin talk, medium or reddit.

It gives an overview of the past practices of a cryptocurrency exchange and gives you the confidence to invest your money in the platform

2. Security –

An exchange must have robust security. So user feels confident to invest the money in the platform and can trade with a peace of mind without worrying about the trading asset.

3. The interface of the exchange

The interface of the exchange is the next big thing to consider before choosing the platform. A flexible, easy to navigate, dynamic, and well-structured interface provides a much better user experience.

4. Fees –

Fees is another major factor in the search for the best cryptocurrency exchange. The low fee exchange helps users to make the more profit than high fee exchange.

5. Number of altcoins to trade –

A large number of altcoins supported by the cryptocurrency trading platform gives the user more options to maximize the profit.

Best altcoins to invest in 2019

6. Payment options –

The number of payment options supported by the platform makes it more accessible and flexible. It provides more opportunities for the users to access the platform.

The higher number of payment methods also maximize the profit potential for the users as different payment methods have the different transaction fee.

Certain payment methods are also best suited to certain users according to location, fiat currency, and accessibility.

7. Liquidity –

Liquidity means how quickly the trader can get your hands on your wanted currency by exchanging it for other currencies. Higher the liquidity better the cryptocurrency trading exchange for cryptocurrency trading.

8. Trading tools

Trading tools are the trading features or add-on trading services offered by the cryptocurrency trading platform. Which provide a user with more trading options, trading types and make crypto trading more convenient.

9. Customer support

Customer Support of the exchange plays a major role in the user experience and reflects the good practices of the platform.

10. Trading volume

High trading volume exchanges give a strong indication of the popularity, credibility and good practices of the cryptocurrency exchange. It shows people are ready to invest in the platform.

Best Cryptocurrency exchange in 2019 – Payment options, fee, crypto support, features and overall ratings

 

Exchange Payment methods Altcoins Pros & Cons Ratings
  • Credit & debit card accepted
  • Bank & Wire transfer
  • 3.99% trx fee using the credit & debit card
  • Available in 190 countries
  • Allows buying cryptocurrencies in only 32 countries
  • Also an insured crypto wallet
Bitcoin, Ethereum, Litecoin, Bitcoin cash Pros
  • One of the renowned cryptocurrency exchange
  • Altcoins deposits are insured
  • Relatively low credit card buying fee
  • Beginner friendly to buy & store the coins
Cons
  • Allows buying cryptocurrencies in only 32 countries
  • Low number of altcoins supported
4.5/5 Visit Coinbase   Review coming soon Check the complete market stats of the coinbase with the live trading volume Get 10$ worth signup bonus  
  • Credit & debit card accepted
  • Bank transfer & SEPA, Cash
  • 5% transaction fee
  • 5.5% fee using the credit & debit card
  • Available worldwide
Bitcoin, Ethereum, Litecoin, Ripple, Cardano, Ethereum Classic, Bitcoin cash, QTUM Pros
  • One of the Best cryptocurrency broker
  • Buy & sell instantly
  • Security is robust
  • Cash is also accepted
Cons
  • Relatively high transaction fee
4.7/5 Buy Coins instantly Review coming soon   30% trading fee discount for coinexpansion users
  • Credit & debit card accepted
  • Bank transfer, SEPA
  • 7% instant buying fee with the credit card
  • proper altcoin trading platform
  • maker-taker trading fee model
  • Maker: 0-0.16%, Taker: 0-0.25% 
BTC, BCH, LTC, DASH, ZEC, BTG, XLM, ETH, XRP, GUSD Pros
  • One of the Best altcoin trading platform
  • Buy & sell altcoins instantly
  • No commission for bank deposits
  • offer wallet to store cryptocurrencies
  • Margin trading available
Cons
  • high buying fee with a credit & debit card directly
4.7/5 Visit Cex.io Review coming shortly Get 30% bank deposit bonus Check the complete live market stats of the Cex.io exchange
  • specialized altcoin trading platform
  • Accepts only Cryptocurrencies
  • Nominal trading fee
  • Available worldwide
BTC ETH, LTC, XRP, ADA, BCH, EOS Pros
  • Advanced altcoin trading platform
  • Up to 1:100 Leverage
  • Nominal Trading fee
  • Easy to use trading interface
  • Advanced trading tools
  • Highly secure multisignature wallet
  • High liquidity ( Most used altcoin trading platform)
Cons
  • Fiat deposits are not accepted
4.8/5 Visit Bitmex to start trading Review coming soon Get 10% trading fee discount for six months Sign up now Check the complete live market stats of the Bitmex exchange
  • One of the best cryptocurrency exchange
  • Accepts only Cryptocurrencies
  • Nominal 0.1% trading fee
  • Available worldwide
  • Basic and Advanced trading views
BTC, ETH, LTC, XRP, BTG, ETC, QTUM, ADA, BCH, EOS, BNB, & 250 more Pros
  • Highest daily trading volume
  • Low trading fee 0.1%
  • Easy to use trading interface with advanced trading views
  • Offers BNB token which decrease the transaction fee
  • Robust secure multisignature wallet
  • Multilanguage support ( 100 +)
  • More than 250 altcoins available to trade
Cons
  • Fiat currencies are not accepted
  • Does store the user data such as IP logging addresses
4.6/5 Visit Binance to start trading Review coming soon Check the detailed market stats of the Binance exchange with the coins live trading volume
  • Basic cryptocurrency trading platform
  • Does accept Fiat currencies
  • Nominal 0.2% trading fee
  • Available worldwide
  • Maker-Taker trading Fee model
BTC, ETH, LTC, XRP, BTG, ETC, QTUM, ADA, BCH, EOS, & 90 more Pros
  • Basic altcoin trading platform
  • Margin trading available
  • Nominal 0.2% Trading fee
  • Can buy/sell cryptocurrencies directly with multiple payment methods
  • Fee discounts for VIP members
  • Android and IOS app with easy to use interface
Cons
  • Have been accused of falsifying trading volume
4.4/5 Visit Huobi pro Check the detailed live market stats of Huobi pro  
  • Does accept Fiat currencies (USD, EURO)
  • Available worldwide
  • Maker-Taker trading Fee model
  • Maker - 0% , Taker - 1%
  • Bank transfer SEPA, SWIFT
BTC, ETH, LTC, XRP, BTG, ETC, QTUM, ADA, BCH, EOS, XLM, STELLAR, & 200 more Pros
  • One of the renowned cryptocurrency exchange on the list
  • Low fee ( Maker 0%, Taker 1%)
  • Can buy/sell cryptocurrencies via depositing USD, EURO
  • Advanced app building protocols
  • High liquidity
Cons
  • No mobile app
  • Not an advanced trading platform
4.4/5 Visit HitBTC to start trading Check the detailed live market stats of HitBTC exchange with trading volume
  • Does accept Fiat currencies (USD, EURO)
  • Available worldwide
  • Maker-Taker trading Fee model
  • Maker - 1% , Taker - 0.25%
  • Advanced trading options and tools
  • Multiple payment methods (Fee varies)
BTC, ETH, LTC, XRP, BCH, EOS, NEO, DASH, MONERO, Bitcoin SV, Ethereum Classic, Zcash, Stellar, Pros
  • One of the oldest & renowned cryptocurrency exchange
  • Low trading fee ( Maker 1%, Taker 0.25%)
  • Can buy/sell cryptocurrencies via depositing USD, EURO
  • Support multiple payment methods to deposit and withdraw fiat currencies
  • High liquidity
  • Advanced trading options with trading tools
  • Beginner friendly
Cons
  • Support only 13 cryptocurrencies
  • Not available for US residents
4.6/5 Sign up for Bitfinex Check the detailed market stats of Bitfinex exchange with the trading volume
  • Multiple payment options to deposit & withdrawal
  • Paypal, Credit card, SEPA, SWIFT, Payeer, Perfect money 
  • USD, EUR, RUB, PLN and UAH are the Fiat supported
  • Deposit and withdrawal fee varies according to payment option
  • 0.2% trading Fee
BTC, BCH, ETH, ETC, WAVES, ZEC, XMR, LTC, DOGE, USDT, XRP, KICK, DASH, ADA, INK Pros
  • Reasonably low 0.2% trading fee
  • Can buy/sell cryptocurrencies via USD, EURO, RUB, PLN, UAH
  • Support multiple payment methods to deposit and withdraw fiat currencies
  • Credit card depositing fee 6% (USD, EUR, PLN), 2.75% (UAH)
  • High liquidity
  • Beginner friendly
Cons
  • Not an advanced trading platform
4.5/5 Visit Exmo Check Live stats
  • Can buy altcoins directly using the credit & debit card
  • More than 200 altcoins supported
  • 5% credit card buying fee
  • 1% to 7.1% deposit and withdrawal fee
  • Available worldwide
BTC, ETH, LTC, XRP, BTG, ETC, QTUM, ADA, BCH, EOS, XLM, STELLAR, Bitcoin SV, & 200 More Pros
  • More than 200 altcoins available to conversion
  • Can buy/sell cryptocurrencies instantly with the credit & debit card
  • Best instant crypto-crypto exchange
  • Credit card buying fee 5% ( may vary)
  • Competitive commission fee
  • Easy to use interface
Cons
  • Reasonably high Credit card buying fee
4.6/5 Visit changelly Read review

 

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