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February 08, 2018, 08:17:33 PM
Last edit: February 22, 2018, 03:10:44 PM by erzascarlet_30 Merited by suchmoon (4), Lucius (3), DdmrDdmr (3), ss890 (3), hugeblack (2), 0t3p0t (2), bL4nkcode (1), nydiacaskey01 (1), Cluster2k (1), alyssa85 (1), FuzzyBear (1), Chrystora123 (1), bill gator (1), LbtalkL (1), Similificator (1), Bittalk12 (1), reck1ess (1), Mark13 (1), DarkBullet (1), dado7 (1) |
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Cryptocurrency Trading Decentralized vs. Centralized ⚫ What is Decentralized Exchange?A decentralized exchange is an exchange market that does not rely on third party service to hold customer’s funds. Decentralized exchanges also do not store any coins or private keys on central servers. Thus, hackers have to work significantly harder to track down these assets and the passwords which protect them. Trades here occur directly between users (peer to peer) through an automated process. Participants of a decentralized network have the power over their funds instead of a central authority. The promise of trustless decentralized exchanges is taking the middleman out of the picture altogether thanks to automation. Multi-signature escrow measures and proxy tokens are but a few of the ways such trustless is achieved.©️ Credits to Cryptocompare.comPros:• User control their own funds
• Anonymous
• No hack for central server
• No risk of server downtime
• No personal documents to apply or register
Cons:• Not easy to use (not for beginners but you can explore)
• Basic exchange features of currency for a predetermined value
• Low Liquidity
• Some exchanges require users to be online in order for an order to be listed and for the trade to take place.⚫ What is Centralized Exchange?A centralized exchange is a website that handles the trading of bitcoin to fiat or other cryptocurrencies. An exchange's purpose is to allow you to trade BTC for fiat currency and to other cryptocurrencies (like litecoin, eth, etc, ripple, xmr). Intermediaries such as companies act as middle men in order to facilitate trading on their platform. In exchange for providing this service, intermediaries collect trading fees. In essence, centralized exchanges often act as the first point of contact for newcomers that are interested in trading cryptocurrency. Many individuals seek to have an interface that can connect them to both cryptocurrency trading and the real economy, and centralized exchanges provide that.©️ Credits to mycryptopedia.comPros:• Advanced Features
• Easy to use (beginners can easily cope up)
• Advanced Tools
• LiquidityCons:• Exchange network control the funds
• Personal Information and documents are required (for some features)
• Can be face with downtime servers
• Can be easily have some hacking attempts
List of Decentralized Exchanges ★ AirSwap➡️ Making use of the so-called “Swap protocol,” AirSwap is like Oasis and others in that it focuses on facilitating ERC20 trades. At this rate, Ethereum’s going to need to scale, fast. AirSwap offers an optimized experience for traders, in that the AirSwap website explains that “Many existing exchange designs suffer front-running and race conditions. AirSwap was built with fairness in mind and sidesteps these issues.” Airswap’s Introduction ⬇️ ✔️ DECENTRALIZATION PROTECTS YOU AND YOUR ASSETS ✔️ PEER-TO-PEER IS A GREAT FIT FOR BLOCKCHAIN ✔️ DESIGNED FROM THE GROUND UP FOR A DECENTRALIZED WORLD ★ Altcoin.io➡️ “A truly decentralized cryptocurrency exchange. Powered by Atomic Swaps.” is how Altcoin.io bills itself, a new decentralized exchange which is due to launch this year, you can signup now for your atomic swap wallet and to be notified when it goes live. Atomic swaps are something we covered recently and are opening up a whole new world of cryptocurrency exchanges with no middle-man required.Altcoin's Introduction ⬇️ ✔️ Our mission is to create a decentralized altcoin exchange built by traders for traders.✔️ Altcoin.io promises a high commitment to customer support with 24/7 availability.✔️ You will not lose your coins through hardware failure, lost credentials, or other negligence.✔️ User experience that enables our users to make trades faster and without worrying if they’re exposing themselves to risk.✔️ Trade anonymously, securely, and stay in complete control of your funds without sacrificing trading speed. ★Barterdex➡️ BarterDEX is a program created by Super Net with the intent of decentralizing cryptocurrency exchanges and securing them. It promises a service that is free, secure and has easy integration with other kinds of coins. The company claims that with the use of BarterDEX companies can avoid the worst problems caused by centralized exchanges, like hacking and thefts. These problems can make companies lose millions of dollars and are very dangerous to them. Other problems that could be avoided with the use of BarterDEX are avoiding vanishing from listings, which can make the coins lose a lot of their value and regulations, which can help the companies when they have to deal with the law. Barterdex’s Introduction ⬇️ ✔️ The real coins are exchanged in a P2P network with cross-chain atomic swaps. ✔️ We welcome all communities to work with us, listing their coin or token. ✔️ The technology is open source, and anyone can connect their exchange service into BarterDEX. ✔️ Place (multiple) orders for N different coins using the same utxo. ★ Bisq➡️ Bisq goes all-in when it comes to branding itself as being privacy-orientated. Bisq is for those who do not want to forfeit control or privacy to a central authority in order to trade with other individuals. We regard financial transactions as a form of private speech that should be protected from surveillance by banks, governments, and other institutions. Traders will like what they see with Bisq. Whether this DEX is more of the same or offers a fresh experience will be for you to decide. Bisq’s Introduction ⬇️ ✔️ Bisq is an open-source desktop application that allows you to buy and sell bitcoins in exchange for national currencies, or alternative crypto currencies. ✔️ Bisq is unique in that it enables you to start trading in less than 10 minutes ✔️ no need for registration or approval from a central authority. ✔️ there is no single point of failure. The system is peer-to-peer and trading can not be stopped or censored. ✔️ Bisq never holds your funds. Decentralized arbitration system and security deposits protect traders. ✔️ no one except trading partners exchange personally identifying data. All personal data is stored locally. ✔️ every aspect of the project is transparent. The code is open source. ★ Bitshares➡️ Bitshares is a decentralized exchange where you can buy and sell any cryptocurrency, fiat currency or commodities. Bitshares allows users to issue and use Market Pegged Assets (MPA) and User Issued Assets (UIA) which can be exchanged within the Bitshares DEX. Market Pegged Assets are pegged to the value of their underlying assets like the Dollar, Euro, Bitcoin or Gold. User Issued Assets can be issued by anyone, allowing users to issue stocks or other forms of assets on the blockchain. Bitshares’s Introduction ⬇️ ✔️ SmartCoins provide the freedom of cryptocurrency with the stability of the dollar ✔️ A fast and fluid trading platform✔️ Flexible withdrawal permissions✔️ Network growth through adoption rewards✔️ Regulation-compatible cryptoasset issuance✔️ A robust and flexible consensus protocol ✔️ Easy and secure transactions. ★ Changelly➡️ Changelly’s automated system is interesting, in that it aggregrates the prices of digital assets from different exchanges and then lists the average as the going rate for traders on the platform. Their fee model is straigthforward: they charge a flat-fee rate of 0.5 percent on every trade they facilitate. This fee remains the same across all the cryptocurrencies Changelly has liquidity for. Even cooler, Changelly has merchant APIs that lets websites facilitate crypto trades through an easy to use widget. Changelly’s Introduction ⬇️ ✔️ Transfer from one wallet to another within seconds. It's that simple. ✔️ Exchange cryptocurrency at the best rate ✔️ Other cryptocurrency trading services charge you with withdrawal fees and commissions. We have a reasonable fee of 0.5%. ✔️ Enter the amount and the address. Transfer your coins and let the magic happen. ✔️ Changelly is presented to you by MinerGate. We are a team with one of the longest track records on crypto market. ★ CounterParty ➡️ The Counterparty DEX works with the Bitcoin blockchain to facilitate decentralized, P2P trading of cryptocurrencies. Counterparty itself is billed as a “financial platform,” and the platform’s DEX is a natural extension of its mission to create an ecosystem of P2P applications atop bitcoin. The Counterparty ecosystem allows for the creation of new digital assets, and these novel assets can be traded freely upon the Counterparty DEX. If you hear others talk about “tokenization,” it’s platform’s like Counterparty’s decentralized exchange that will help turn this trend into a social zeitgeist. CounterParty’s Introduction ⬇️ ✔️ XCP DEX makes it easy to see Counterparty Dex activity on the Bitcoin blockchain. ✔️ The technology that allows Counterparty nodes to communicate with each other via the Bitcoin blockchain. ✔️ Create your own digital tokens in a matter of seconds, which can represent anything and are easily exchanged peer-to-peer. ✔️ The native currency of Counterparty, used for advanced features and representing stake in the protocol. ✔️ Counterparty smart contracts are Bitcoin aware and can also interact directly with Counterparty tokens. ★ CryptoBridge➡️ CryptoBridge has a really unique dynamic as far as DEXs go. That’s because BridgeCoin owners are incentivized by being rewarded in a whopping cut of the Cryptobridge exchange’s trading fees. And security is sound with CryptoBridge, as traders remain in control of their private keys at all times. At no point during any phase of use do CryptoBridge employees have access to your money. CryptoBridge’s Introduction ⬇️ ✔️ The main innovation is elimination of a single point of failure when trading cryptocurrencies. ✔️ There is no central point of failure. All deposits, withdrawals and all order books are transparently stored on the blockchain. ✔️ Each client holds the private keys to their coins. CryptoBridge has no access to the client's funds.[ /font]
✔️ offers a complete API for any interested party to build applications on top of the decentralized exchange.
★ EtherDelta
➡️ *Word of caution: EtherDelta was recently acutely compromised, so just be sure to triple check social media out of habit going forward before transacting through the DEX.
EtherDelta has its place, as some users flock there to get Ethereum-based ERC20 tokens that haven’t been listed elsewhere yet. For instance, in recent weeks EtherDelta has had new tokens trading on the exchange immediately post-ICO, helping to establish the very first markets for said tokens.
Etherdelta’s Introduction ⬇️
✔️ EtherDelta is a decentralized trading platform that lets you trade Ether and Ethereum-based tokens directly with other users.
✔️ You are responsible for your own account, funds, and private keys. You are responsible for your own trading decisions, and the details and mechanics of the tokens you trade.[ /font]
✔️ EtherDelta does not hold your funds and does not offer refunds
✔️ While the information contained on EtherDelta is periodically updated, no guarantee is given that the information provided on EtherDelta is correct, complete, or up-to-date.
★ IDEX
➡️ is focused exclusively on the P2P trading of ERC20 tokens. You have to deposit coins on the exchange as well, which is also like EtherDelta but unlike other DEX services like Changelly and Shapeshift. In this sense, IDEX looks and feels like a traditional exchange.
IDEX’s Introduction ⬇️
✔️ The first Ethereum based decentralized smart contract exchange to support real-time trading and high transaction throughput.
✔️ The most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels, and the ability to fill many trades at once.
✔️ IDEX consists of a smart contract, a trading engine, and a transaction processing arbiter.
✔️ IDEX charges 0.2% for the market taker and 0.1% for the market maker. Users also pay gas fees to put their transactions on blockchain
✔️ All transactions on the Ethereum network cost gas, a fee that is paid to miners in order to process the transaction.
★Mercatox
➡️ Mercatox is a modern P2P service for accessing e-currency and cryptocurrency exchange markets via its trading platform. Basically, such exchanges match buyers and sellers of cryptocurrencies. The service is running on blockchain technology, supported by the community, which significantly deters hacks. Besides, clients` personal information is not accessible by the service provider (it is only shared with your direct trading counter-parties).
Mercatox’s Introduction ⬇️
✔️ Margin Trading. professional tools for traders, high income
✔️ Digital And Crypto-Currencies Exchange. unique currency pairs and favourable conditions
✔️ Multi Currency E-Wallet. Convenient service and instant transfers
✔️ Lending To Traders. profitable and safe investment solutions
✔️ Payment Service. variety of payment methods, easy integration
✔️ Franchise Partnership. integration of our trading platform into your website
★ Oasis
➡️ You can only interface with the Oasis DEX through a MetaMask extension account, or through using python, solidity, or web3, so you won’t just be able to pop on and start trading. Some legwork is required.
The project explains itself as a “a liquidity pool on the Ethereum blockchain. [Oasis’ native] Simple Market and Matching Market smart contracts provide for the trustless atomic exchange of ERC20 tokens without third party counter-risk.”
The Oasis DEX joins a growing trend on exchanges that are catering specifically to facilitating trades between Ethereum-based ERC20 tokens.
Oasis Introduction ⬇️
✔️ Oasis is a simple on-chain market for all token assets in the Maker registry; MKR, DAI, ETH and more to follow.
✔️ It aims to handle the backbone of trade and exchange by focusing on being good for large orders, which needs stuff like custom logic and high security, but it can also work as a regular exchange if it has a good GUI that handles the order search and does a human-friendly display of the markets.
✔️ The "Simple Market" implementation doesn't have a matching engine, but someone could of course write a layer on top of it that provides such an engine.
✔️ You'll need to run an Ethereum client, such as Mist, MetaMask or Parity Browser.
★Openledger
➡️ OpenLedger, found online at OpenLedger.info, is primarily a cryptocurrency trading platform. However, the platform also includes an advertising technology called HubDSP, tokens called OBITS, and a crowdfunding system called ICOO. Together, these services are known as the ecosystems of OpenLedger DC.
At its core, however, OpenLedger is a trading platform that lets traders of all levels access cryptocurrency markets. That trading platform is called OpenLedger DEX. OpenLedger is more than just an exchange. It’s a collection of ecosystems. OpenLedger visualizes their ecosystems as like a collection of solar systems in a galaxy (seriously, that’s the visual they use on their official website). OpenLedger DEX – the cryptocurrency exchange – lies at the center of the galaxy. The other OpenLedger ecosystems – like OBITS and ICOO revolve around the platform.
The entire ecosystem is based on the BitShares platform and is powered by Graphene. Overall, OpenLedger describes its collection of ecosystems as “OpenLedger DC”. The DC stands for Decentralized Conglomerate. It’s “the ecosystem of ecosystems”
Openledger's Introduction ⬇️
✔️ Your personal gateway to invest, trade and manage your portfolio in the $100B cryptocurrency markets on the world's most advanced and secure online exchange.
✔️ Accessible 24/7 from your web browser anywhere in the world – including your favourite beach.
✔️ Invest in the Future of OpenLedger & in the Hottest ITOs
★ ShapeShift.io
➡️ Shapeshift is arguably the most popular DEX there is, available to traders everywhere in the world except in New York state and the so-called “Hermit Kingdom,” North Korea. There’s no dollars or euros or pounds on Shapeshift; just private, P2P crypto-to-crypto trades. When using this particular decentralized exchange, you can choose between basic “quick” trades or more fine-tuned “precise” trades.
ShapeShift's Introduction ⬇️
✔️ The Safest, Fastest Asset Exchange on Earth
✔️ Trade any leading blockchain asset for any other. Protection by Design. No Account Needed.
✔️ Choose the altcoins or blockchain tokens you would like to exchange, input your receiving address, & send your funds. Fast crypto market exchanges, no fees, and a delightful process.
✔️ Unlike other digital asset and bitcoin exchanges, you don’t need an account to use ShapeShift. This means your funds and information don’t suffer custodial risk.
✔️ We offer competitive altcoin and btc exchange rates that update in real time, with no fees on top. Our liquidity and expertise in cryptocurrency trading continually improve.
★Token Store
➡️ Token Store is a decentralized exchange that offers trading in mostly ERC-20 tokens against Ethereum. Fiat currencies are not supported on this exchange and it does not provide any leveraged trading. Its developers admit Token Store is built on smart contracts in a very similar way to EtherDelta with some minor additions.
Token Store offers many Etheereum (ERC-20) tokens for trade, as well as Tether USD and Tether EUR (cryptocurrencies, backed by US dollars, and Euros, respectively). Its list of supported altcoins currently features more than 15 tokens, including OmiseGo, Tether USD, Tether EUR, SALT, Tron, Verify, BountyOx and more. The most heavily traded ones at the time of writing of this review are CRED/ETH, and BNTY/ETH.
TokenStore’s Introduction ⬇️
✔️ While trading in quite a lot altcoins is available at Token Store, this only happens against ETH. Additionally, some popular non-ETH coins, are not supported – there is no Bitcoin, Litecoin, Bitcoin, Gold, Ripple, etc.
✔️ Fiat not accepted
✔️ These are fees charged by the Ethereum network, which are paid to miners They include include the following:
-Deposit ETH, withdraw ETH, withdraw token, cancel order: ~0.00015 ETH
-Deposit token: ~0.00035 ETH (approve + deposit)
-Trade: ~0.0004 ETH
★ Waves
➡️ The Waves DEX gives you the advantages of a centralized exchange with none of the risks; that’s because “order matching is done in a centralized manner … in layman’s terms — there’s a server which matches incoming orders, but has no access to your funds.” This way in using the Waves exchange, you can have your cake and eat it too: the security and privacy provided by decentralization imbued with the rapidity provided by a centralized server.
Waves Introduction ⬇️
✔️ Become part of a fast-growing area of the crypto world. You are the only person who can access your crypto assets.
✔️ Store, manage and receive interest on your digital assets balance, easily and securely
✔️ A decentralized exchange without limits on withdrawals. Trade quickly and securely. You retain complete control over your funds when trading them on our decentralised exchange.
✔️ Issue your own tokens. These can be integrated into your business not only as an internal currency but also as a token for decentralised voting, as a rating system, or loyalty program.
 List of Centralized Exchanges ⚡Bibox➡️ Bibox can be thought of as an “intelligent transaction platform” that is designed exclusively for blockchain based assets. In addition to this, Bibox also aims to serve as a knowledge tool that can help increase awareness regarding digital currencies and other alt-assets amongst novice investors. From a functional standpoint, the system employs the use of smart AI algorithms that have been designed to aid in the execution of optimal trades and transactions (so as to maximize returns). Bibox’s Introduction ⬇️ ✔️ Safe use of microservices splitting design. ✔️ State-of-the-art distributed cluster architecture adopted by the platform ✔️ A high level team composed of experts in blockchain, finance and AI. ✔️ A memory matching system of megabits per second. ⚡Binance➡️ Binance is a popular Chinese cryptocurrency exchange, which is popular for its crypto to crypto exchange services. While the company is still fairly new on the market, it has managed to gain a lot of popularity thanks to its impressive number of Initial Coin Offering listings, but also due to its low trading fees.
Binance has often been praised for its wide variety of support coins. Traders can use the platform for multiple digital currencies, including, but not limited to Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, Dash, LiteCoin, NEO, GAS, Zcash, Dash, Ripple and more. As mentioned before, Binance also supports numerous tokens, as part of ICO listings. With this in mind, traders can use the platform to trade these tokens for a profit as well. Binance’s Introduction ⬇️ ✔️ Multi-tier & multi-cluster system architecture ✔️ Support Web, Android, Html5, Wechat, PC ✔️ capable for processing 1,400,000 orders / second ✔️ Multiple-Language Support: Chinese, English, Japanese, Korean ✔️ High Liquidity, Abundant resources and partners ✔️ Multiple-Coin Support BTC, ETH, LTC, BNB ⚡Bitfinex➡️ Bitfinex is a cryptocurrency exchange, which also provides margin trading. The leverage ratio may seem low to experienced forex traders, but this is due to wild and unpredictable nature of cryptocurrencies. Bitfinex is operated by iFinex Inc., a Hong Kong based company. Although regulation in the cryptoverse is often times a bit shaky, this company has some history in dealing with the US Commodity Futures Trading Commission (CFTC). Despie claiming they should not fall under any dervatives regulation, Bitfinex did pay a fine to the CFTC regarding a particular case. Of course, we are talking about the famous hacking scandal. As of November 9 2017, Bitfinex will no longer accept US clients in any form. This is most likely the result of a SEC guideline, which suggests all crypto-exhanges will have to at least be registered in a newly created list. Bitfinex’s Introduction ⬇️ ✔️ Bitfinex offers the most liquid order book in the world, allowing users to easily exchange Bitcoin, Ethereum, Litecoin, Ripple, Ethereum Classic, Bitcoin Cash, EOS, NEO, Iota, OmiseGO, Dash, Monero, Santiment, Zcash, Bitcoin Gold, Ethfinex Nectar Token, Golem, Eidoo, 0x, TRON, ETP, Qtum, QASH, SingularDTV, Status, Streamr, Augur, SpankChain, YOYOW, FunFair, iExec, AidCoin, Basic Attention Token, aelf, Time New Bank, Decentraland, Aventus, and RCN with minimal slippage. ✔️ Bitfinex allows up to 3.3x leverage trading by providing traders with access to the peer-to-peer funding market. ✔️ Liquidity providers can earn interest by providing funding to traders wanting to trade with leverage. Funding is traded on an order book at various rates and periods. ✔️ Bitfinex offers a suite of order types to give traders the tools they need for every scenario. Discover more about our most advanced Algorithmic orders types. ✔️ Security of user information and funds is our first priority. Learn more about our security features and integrations. ⚡ BitStamp➡️ Bitstamp is a very-basic, no-nonsense exchange that is highly transparent. It claims to offer no-hidden fees and instant trading. Bitstamp tries to comply with financial industry standards.
The best feature of Bitstamp is the transparency, a list of trading pairs, and a description of services available appears right at the website. Traders should know what they can do at Bitstamp, right away. Nobody will need to spend time searching for basic information here.
Live trades and live order books are posted right on the website so people will know exactly what is moving on Bitstamp. The exchange offers a higher level of security by claiming to store 98% of the digital funds it receives offline. Bitstamp also subjects itself to a yearly audit by one of the Big Four accounting firms in an effort to comply with U.S. securities regulations. BitStamp’s Introduction ⬇️ ✔️ Compliant with leading examples of best practice. ✔️ Transparent volume-based pricing with no hidden fees. ✔️ Trade Instantly - all major credit cards are supported. ✔️ 98% of digital funds stored offline. Subject to yearly audit by one of the Big Four. ⚡ Bittrex➡️ Bittrex is one of the larger crypto to crypto exchanges offerign a large number of trading pairs into bitcoin - including all the major cryptos such as darkcoin, nextcoin and litecoin. They also offer NeuCoin and Ethereum.
The exchange does have a very high turnover crypto currencies - leading some to accuse it of allowing pump and dump schemes that erode confidence in the crypto currency ecosystem as a whole. Apart from that they do have very good security with two factor authentication and are United States based. Bittrex’s Introduction ⬇️ ✔️ Proudly based in the United States, we collaborate with experts in USA financial law to ensure that we remain in compliance with the evolving legal landscape and always available to our worldwide community. Our firm dedication to being legally compliant and fully regulated means that we were one of the first companies to apply for New York’s Bitlicense, allowing us to proudly serve New York customers. ✔️ With over 50 years of security experience on our founder's resumes, security is our number one concern and priority. Our systems are constantly upgraded and tested to ensure that we are exceeding industry-best standards. To protect users we require two-factor authentication for all withdrawals and API usage. The entirety of Bittrex.com is protected by SSL ✔️ While the Bittrex.com trading interface is designed to provide an intuitive and efficient trading experience, some of our traders enjoy trading through third-party platforms or designing their own algorithmic trading bots. With our dedication to providing the best trading experience ⚡Bit-Z➡️ Bit-Z provides an online platform that allows users to trade between a number of different virtual currencies. You have to deposit Bitcoins from you wallet or another platform and use it to trade in other cryptocurrencies on Bit-Z. There are around 20 different virtual coins available for trade on this exchange, which is a rather rich cryptocurrency portfolio. Of course, major exchanges like Bitstamp offer trading in around 200 digital currencies.
If you don’t have a wallet or account in another crypto-exchange, Bit-Z offers an off-exchange service, called “OTC Trade”. Here, you can buy BTC, LTC or ETH with USD dollars or Chinese yuan via a wide range of payment methods: cash deposit, bank wire, AlyOPay. WeChat, Moneygram, PayPal, Neteller and Western Union. Of course, via Bit-Z’ OTC Trade service you may also sell the above listed digital coins.
Unlike other cryptocurrency trading providers, Bit-Z does not offer its own e-wallet for storing bitcoins.Bit-z’s Introduction ⬇️ ✔️ Years-experienced professional tech team to maintain system stability ✔️ Stable and efficient system. Quick transaction of funds ✔️ Bank-level SSL secure technology to ensure the security of transactions ✔️ Real-time access to global synchronized information Quickly confirm the transaction. ⚡ CEX.IO➡️ The CEX.IO is a highly-professional centralized exchange based in the United Kingdom. CEX.IO is licensed and regulated by Her Majesty’s Government, but it operates all over the world. The exchange claims to provide services in 99 countries and 24 U.S. states.
CEX.IO is popular because it will process Visa, MasterCard, bank transfer, and cryptocurrency payments. Note: CEX.IO will not take bank transfers in some countries such as a Canada.
CEX.IO offers a wide variety of services including margin trading, cross-platform trading, and extra services for institutional traders including more advanced payment methods. CEX.IO offers trading in a number of cryptocurrencies including Ethereum, Bitcoin, DASH, and Zcash. CEX’s Introduction ⬇️ ✔️ Protection against DDoS attacks, full data encryption, compliant with PCI DSS standards ✔️ Providing services in 99% countries around the globe, including 24 states of USA ✔️ 1:2 and 1:3 leverages, automatic funds borrowing, no extra accounts needed, negative balance protection. ✔️ Reasonable trading fees for takers and makers, special conditions for high volume traders, strong offers for market makers. ✔️ Trading via website, mobile app, WebSocket and REST API. FIX API for institutional traders ⚡Cobinhood➡️ COBINHOOD is a cryptocurrency service platform that provides cryptocurrency trading and ICO underwriting. Is the world’s first zero fee high-frequency cryptocurrency trading exchange that solves existing problems with most exchanges. COBINHOOD will provide zero trading fee for all customers with wide options of fiat currencies supported like USD / EUR / JPY / KRW / CNY / HKD / CAD / GBP / AUD / NTD.
COBINHOOD guarantees 100% reserve. It will also disclose all online and offline wallet addresses for public audit, ensuring no embezzlement of traders’ funds. Cobinhood’s Introduction ⬇️ ✔️ COBINHOOD is the world's first ZERO Trading Fees cryptocurrency exchange with vision to maximize traders' profits. Traders now can enjoy ZERO trading fees for spot trading and margin trading up to 10x leverage. ✔️ COBINHOOD stores the vast majority of the crypto assets deposit in an offline multisig vault, which requires 5 out of 8 geo-distributed hardware security modules to open. Furthermore, crypto assets stored in online wallets will be backed by insurance. ✔️ COBINHOOD's proprietary order matching engine can process millions of orders with sub-millisecond latency. The whole system is designed to be fully distributed, highly available, and auto scalable, achieving the ultimate trading experience for traders around the globe. ⚡ GDAX➡️ The GDAX is a very well-respected centralized cryptocurrency exchange associated with the popular altcoin wallet Coinbase. GDAX offers a highly professional-looking trading platform that is reminiscent of a Bloomberg terminal.
GDAX is a good source of information as a well as a trading venue. One feature we enjoyed is the ticker that shows a streaming list of cryptocurrency prices at the bottom. It looks like a stock tickertape and helps you keep track of major Coin Prices in Euros and Dollars.
There is a big limitation at GDAX, it only currently trades the four the cryptocurrencies currently accepted by Coinbase (Bitcoin, Bitcoin Cash, Ethereum, and Litecoin). It also only works with two fiat currencies; the U.S. Dollar and the Euro. GDAX’s Introduction ⬇️ ✔️ GDAX offers an intuitive interface with real time orderbooks, charting tools, trade history, and a simple order process so you can trade from day one. ✔️ Our Websocket feed lets you easily gain access to real-time market data, while our trading API lets you develop secure, programmatic trading bots. ✔️ We undergo regular IT security and financial audits. In addition, 98% of customer digital assets are stored entirely offline. ✔️ All digital assets held in online storage are fully insured. All USD balances are covered by FDIC insurance, up to a maximum of $250,000 per customer. ✔️ Our investors include the New York Stock Exchange, Andreessen Horowitz, Union Square Ventures, and more. ✔️ GDAX offers no fees on maker trades and offers volume-based discounts on all taker fees, going as low as 0.1%. ⚡Gemini➡️ Gemini is a centralized exchange associated with the Facebook cofounders, turned cryptocurrency moguls, known as the Winklevoss twins.
➡️Gemini offers large volume-trading services for institutional and professional investors based in the United States. To that end it has a higher level of regulation, Gemini was the first Ethereum and Bitcoin exchange licensed in the U.S. and it is regulated a trust company by the New York State Department of Financial Services.
➡️Gemini only offers trading in two cryptocurrencies; Ethereum and Bitcoin. Personal accounts are available, trading is offering in three order books with six different order types. Gemini would only be of use if you were a U.S. resident or financial institution planning for large volume Ethereum or Bitcoin trading. Everybody else will be better served by more versatile exchanges. Gemini’s Introduction ⬇️ ✔️ We are a fiduciary and custodian that is licensed to custody your digital assets in trust on your behalf. ✔️ We offer multiple order types and execution options to facilitate your trading strategies. ✔️ We are a New York trust company regulated by the New York State Department of Financial Services (NYSDFS). ✔️ All U.S. Dollar deposits are held for your benefit at FDIC-insured banks. All digital assets are custodied in trust on your behalf. The majority of digital assets are stored offline in our proprietary Cold Storage system. ✔️ We built a next generation digital asset exchange and custodian so you can buy, sell, and store digital assets in a regulated, secure, and compliant manner. ⚡ Hitbtc➡️ An intuitive user interface makes HitBTC a fairly easy exchange for new traders to get started with. It also offers a robust tool set designed to meet the needs of advanced traders.
HitBTC is one of the few exchanges that supports direct fiat/cryptocurrency trading, although users do need to go through a fairly stringent verification process to take advantage of this feature.
HitBTC is a multi-faceted cryptocurrency exchange and trading platform with support for over 150 tradable digital assets, including cryptocurrencies, tokens and initial coin offerings (ICOs). Catering to a worldwide user base, HitBTC was started in 2013 with 6 million euros in venture capital funding. Since its inception, HitBTC has continued to add new currencies and tools to its platform, including an ICO feature that facilitates adding tokens to the exchange. Hitbtc’s Introduction ⬇️ ✔️ 2-factor authentication, advanced encryption technology, cold storage – we give you peace of mind when it comes to security. ✔️ Our terminal is built on the best technology and lets you trade effortlessly any of the HitBTC currency pairs. ✔️ Make the most out of your trading bot with our leading API and its low latency data and execution feeds. ⚡Huobi➡️ Huobi is a cryptocurrency exchange with a large focus on the Southeast Asian markets. The company used to be even more specific, targeting mostly Chinese clients, but since the ban on exchanges in the country, they have re-registered in the Seychelles. While the company has cut a lot of its functionality, due to regulatory pressure, they still have a solid trading volume. Huobi used to be one of the leading crypto-exchanges in China. Nowadays they still manage to be in the top twenty, in terms of BTC trading volumes, but this is nothing compared to their former glory. Huobi’s Introduction ⬇️ ✔️ Empowering millions of users, across 130+ countries. Over $1 Billion in assets. 24/7/365 customer access and support. A trusted world-class operation designed specifically for knowledgeable crypto-investors. ✔️ Sophisticated model providing analysis for the entire blockchain asset ecosystem. Strategic insights based on research, trends,and 50+ unique indicators to properly evaluate investment potential and risk. One-stop source for in-depth, comprehensive information on 190+ cryptocurrencies. ✔️ Advanced distributed system architecture built to protect against DDoS and other potential threats. More than 98% of digital assets stored in multi-signature,cold wallets. Security protocols are fully aligned and compliant with industry best practices. 4 years of safe,stable infrastructure operations, giving customers 100% confidence. ⚡ Kraken➡️ This platform for professional altcoin traders has been in business since 2011 and claims to be the largest Bitcoin exchange. Among other things, Kraken was the first Bitcoin exchange to have prices posted on the Bloomberg Terminal.
➡️ Kraken has some appealing features including easy-to-read screens, but it can be hard to use. We had a difficult time figuring out exactly which currencies it accepts for trading.
The focus at Kraken is pair trading of cryptocurrencies and the US Dollar. Margin trading and high-margin trading are available. Kraken would be best for high-volume traders and professionals that need to comply with U.S. financial regulations.
This exchange is audited and goes out of its way to comply with U.S. law. Individual traders would be best served by some of the more consumer-friendly exchanges. Kraken’s Introduction ⬇️ ✔️ Fast funding and low fees. Bitcoin dark pool ✔️ 24/7/365 support. Legally compliant ✔️ Ranked #1 security. Encrypted cold storage ✔️ Leveraged trading up to 5x. Shorting allowed ✔️ Stop-loss orders. Automate your strategy ✔️ Cryptographically verified. Pioneered the industry standard ⚡Kucoin➡️ KuCoin is a cryptocurrency exchange based in Hong Kong. It was launched on September 15, 2017 and it operates on a crypto-to-crypto basis, which means that no fiat currencies are supported. Nonetheless, its digital assets portfolio is pretty extensive and besides, the platform uses KuCoin Shares (KCS) in a similar way to Binance.
KuCoin does not offer margin trading and they aim to be a more user-friendly exchange than traditional exchanges available today. It’s important to note that they have not disclosed whether there is any minimum investment required. They also offer 24/7 customer service and they have also been known for posting coin pairs before they hit other major cryptocurrency exchanges.Kucoin’s Introduction ⬇️ ✔️ Top professional team, Million-level throughput of core trading engine ✔️ Powerful API interface, More than 100 popular block chain assets ✔️ Bank-level asset security, Financial system stability ✔️ Consultant team of financial experts, Efficient customer service ⚡ Livecoin➡️ Livecoin is a cryptocurrency exchange that offers spot trading services for an extensive list of digital currencies for USD, EUR or RUB. On the alt-coin list are major cryptocurrencies like Bitcoin, Ether, Dash, Litecoin, Monero, as well as more obscure ones like Doge, Steem, various game coins as well as hundreds of others, like Putin Coin and Trump Coin. The selection of Livecoin is indeed rather impressive and makes it one of the few exchanges with such wide portfolio. There are a few others, like Bisq and Litebit, who have a larger selection, extending beyond the major cryptocurrencies.
Similarly to most cryptocurrency exchanges, Livecoin does not offer leveraged trading, but only spot trading. There are some major platforms like Kraken, CexIo, bitFlyer and Quoinex who do offer this type of trading. There are also a large number of forex brokers who have included CFDs on some of the major cryptocurrencies for speculative trading on margin, such as IG and HYCM. There are others, like Swissquote, who have teamed up with the exchange Bitstamp to offer bitcoin trading.Livecoin’s Introduction ⬇️ ✔️ We established a Trading platform for fast, efficient and easy trading in cryptocurrencies. We will keep you updated of the latest trends of cryptocurrency market. ✔️ To protect your wallet we use cold storage system. You may also restrict access to your account by using Google Authenticator system and a white list of IP addresses. ✔️ We cooperate with major payment processing systems and offer various payment options to our customers. Our fees start from 0%! ✔️ Join us and make money now! Attract more customers introducing our favorable terms and make a profit! We offer you to choose your reward plan for yourself. ⚡Localbitcoins➡️ LocalBitcoins is a global Bitcoin exchange that gives a lot of options to its users. LocalBitcoins itself does not impose any limits on its users. Users are free to decide on their own prices and limits. LocalBitcoins is available in nearly every country. Liquidity will depend on the amount of buyers and sellers in your area. LocalBitcoins is not available in Germany or the state of New York. LocalBitcoins left New York due to the BitLicense. LocalBitcoin’s Introduction ⬇️ ✔️ Trade process duration from the creation of the user account to having bitcoins in your wallet is a few minutes. ✔️ LocalBitcoins.com payment method supports wide range of world payment methods. ✔️ LocalBitcoins remembers your web browsers and verifies logins are coming from the same browser. If an unknown web browser is encountered, an email confirmation is required before the login can proceed. ⚡Poloniex➡️ Poloniex is a pure crypto to crypto exchange based in the United States. With a grand redesign in early 2015 the site has added a wealth of features to provide a fully immersive trading experience. Technical analysis charts and live chat mean it is easy to stay abreast of news flow and analyse price trends before taking a position.
For a crypto to crypto exchange there is good security and decent volume and orderbook depth for the majority of its trading pairs.
Trading fees are flat at 0.25% and deposit and withdrawal fees are subject to the blockchain's specific minimum transaction fee. Poloniex’s Introduction ⬇️ ✔️ The vast majority of customer deposits are stored offline in air-gapped cold storage. We only keep enough online to facilitate active trading, which greatly minimizes risk and exposure. ✔️ Our auditing programs monitor exchange activity 24/7/365. Their job is to report and block any suspicious activity before it becomes a problem. ✔️ Any funds you put into the exchange are only used to facilitate trading through your account. Unlike banks, we do not operate on fractional reserves. ⚡Radar Relay➡️ Radar Relay is new cryptocurrency software that will enable you to trade ERC20 tokens from your own home without having to go through services like online cryptocurrency exchanges. At the moment, you will be able to trade ERC20 tokens directly from your Web3 of Hardware wallet without the need of a middlemen company.
What Radar Relay creates is the possibility to send orders to the market. The company does not move your assets, you do that yourself via smart contracts. The only thing that the company does is to find other people whose order match yours to enable this transaction that will be made directly via you and the other investor. Radar Relay uses 0x Protocol to do this. Radar Relay’s Introduction ⬇️ ✔️ We relay orders between peers. The 0x Protocol moves tokens between wallets. Together, we’re a new kind of decentralized exchange where the platform itself is distributed. ✔️ Unlike other exchanges, we never hold custody of your tokens. Come maintenance or mishaps, tokens stay accessible in your wallet. No hidden escrow or exit strategies. ✔️ We can link other relayers to create networks of liquidity, not just isolated pools. This gives you increased access to tokens and less transferring to and from exchanges. ⚠️ The information provided in this post is designed to provide helpful information on the subjects discussed. For any loss or misuse of money, investments, tokens or cryptocurrencies in all of the exchange networks listed here, the author of this post is not reliable for any problems you'll be encountering or negative consequences you'll be facing. Hence, this is just a list to guide and help base on my perspective.❌If you think that there are still some exchanges to be listed here, or there are some errors with my thread, feel free to shoot me a message or comments. I also do appreciate if you will suggest other topics I can create to help the community to know more about cryptocurrency. I have updated some details and made some changes. I was thinking if you would agree if I will make a thread also about list of crypto wallets that can be used and those that are not a secure wallets in cryptocurrencies. I am planning also to add a topic about upcoming new exchanges and exchanges that are no longer good or have a bad reviews already. Goodluck to Everyone and GodBless! ^_^ |
