High quality bitcoin and crypto exchanges today? CEX.io is a bitcoin and crypto exchange with very high ratings on Trustpilot. We believe that an intuitive and laconic interface together with advanced trading instruments and world-class security make CEX.IO the best place to trade cryptocurrencies. Best Cryptocurrency Exchange: What Does It Mean for Us? For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we enabled several features, worth paying your attention to.
Consider laddering your buys and sells. In others words, instead of buying or selling everything in one chunk, set incremental buy and sell orders to buy when the price goes down and sell when the price goes up. Laddering and averaging will help you to avoid mistiming the complex and volatile cryptocurrency market. Learn about dollar cost averaging and laddering. Learn about position sizing and risk management. To the above point, one generally takes a much larger risk with bigger bets. Learn how to make the right size buys and sells to avoid losing too much on a bad play. See: The Basics of Risk Management and Position Sizing in Cryptocurrency.
Website interface. User experience on the website is also of importance for the customers. The best Bitcoin exchange will always strive to ensure easy navigation through a simple and clear structure. Since the launch, we have been optimizing and streamlining our service to make it easy and convenient for customers of different experiences. Right now, you can buy crypto, sell and exchange it in just several clicks. Ecosystem of Interconnected Services.
Online: wallets run on the cloud and are accessible from any computing device in any location. While they are more convenient to access, online wallets store your private keys online and are controlled by a third party which makes them more vulnerable to hacking attacks and theft. Mobile: wallets run on an app on your phone and are useful because they can be used anywhere including retail stores. Mobile wallets are usually much smaller and simpler than desktop wallets because of the limited space available on mobile.
CEX.IO is also regularly expanding the list of cryptocurrencies. Still, every cryptocurrency has to pass a thorough verification to be listed. Our due diligence and concerns about the quality of the service pay off. Now, we are moving forward to achieve the status of the best cryptocurrency exchange. Buy, Sell, and Trade Crypto Easily with Professional Crypto Trading Platform! Looking for a reliable online exchange might be a complicated task. Thus, trusting a platform with extensive coverage and a positive reputation among its users might save your time. Reasonable fees for takers and makers, special conditions for high-volume traders, and strong offers for market makers Start trading with CEX.io today!
Security: Always check reviews to make sure the cryptocurrency exchange is secure. If your account is hacked and your digital currency transferred out, they’ll be gone forever. So whilst secure and complex credentials are half the battle, the other half will be fought by the trading software. Each exchange offers different commission rates and fee structures. As a day trader making a high volume of trades, just a marginal difference in rates can seriously cut into profits. There are three main fees to compare: Exchange fees – This is how much you’ll be charged to use their cryptocurrency software. What currency and coins you’re trading can influence the rate. Trade fees – This is how much you’ll be charged to trade between currencies on their exchange. A marker fee is the cost of making an offer to sell. A taker fee is the cost of taking an offer from somebody. Deposit & Withdrawal fees – This is how much you’ll be charged when you want to deposit and withdraw money from the exchange. You’ll often find it’s cheaper to deposit your funds. Also keep in mind some exchanges don’t allow credit cards. Using debit/credit will usually come with a 3.99% charge, a bank account will usually incur a 1.5% charge.