So, you have decided to invest in cryptocurrencies and you want to buy some. You have already decided which altcoin you want to invest in. But the search doesn't end there. There is another crucial decision you need to take and that is the exchange you will be choosing. You want an exchange that is secure and still has the low fees. It should be functional in your country too. Here is a list of top 5 cryptocurrency exchanges in 2018:
Kraken:
If you are a seasoned trader and want a full set of features to help you analyze the market and decide whether or not to trade coins, Kraken is the exchange for you. It offers moderate altcoin support and the transaction fees are also moderate.
CEX.io:
This is one of the most trusted exchanges for trading Bitcoins. It is also very user-friendly and is supported in almost every country. One of the reasons it is so secure is that it has an extensive verification process for each new customer.
Binance:
If you already have Bitcoins of some other altcoins and are looking to exchange them for some other altcoins, then Binance is the best exchange for you. They have extremely low transaction fees and functions on a unique model where it is funded by its own ICO.
Poloniex:
Poloniex is similar to Binance in the sense that it does not provide support for fiat currencies but is a great exchange for trading between different altcoins. Its best feature is the ability to margin trade and allows experienced traders to short a coin. This feature is not offered by many exchanges and that is what truly sets Poloniex apart.
Coinbase/GDAX:
Coinbase is another exchange that is highly trusted in the market. Although it does not allow users to trade between different coins, its extension, GDAX serves this purpose. Coinbase is the best place to buy the top cryptocurrencies like Bitcoin, Ethereum, Litecoin etc.
