352
views

7 Cryptocurrency Exchanges to Trade Bitcoin in 2021

Bitcoin continues to capture headlines globally as a superior store of value. Ten years ago, major financial institutions wouldn’t have dreamed of converting their currency reserves over to Bitcoin. Nowadays, this decision is more common than ever. The rapid growth of Bitcoin can be attributed to various factors, including increased public awareness, improved technology, and easier access.

On the latter note, there are hundreds of cryptocurrency exchanges to buy Bitcoin from today. However, these exchanges are all individually owned and operate in their own manner, with their own fees, systems, and features. This plethora of selection is good for expert traders but can add to a new trader’s confusion entering the market. Luckily, some exchanges stand above the crowd. Here are the top 7 cryptocurrency exchanges to trade Bitcoin.

Binance

Binance launched in China in early 2017 and quickly rose to dominate the sector. The exchange relocated to Japan and finally Malta in a bid to secure a regulatory friendly climate. Since its inception, Binance has offered users a huge variety of altcoins in addition to Bitcoin.

The market is now the largest exchange in the world. You can always find large amounts of Bitcoin available for purchase on the exchange due to its massive liquidity. Additionally, Binance is now fully regulated as a global cryptocurrency platform. Users now enjoy all the flexibility of the original platform plus added consumer protections.

Read the full review of the Binance exchange.

Coinbase

Another great exchange to procure Bitcoin from is Coinbase. Much like Binance, Coinbase is a major player in the market. This exchange is the largest in North America. Its basic functionality and overall simplicity make it a great start for new traders entering the market. 

Coinbase provides users with a stable, secure, and efficient way to buy Bitcoin in the US. The network is secure and even provides insurance options to its investors. Coinbase continues to remain a critical onramp into the blockchain sector for new users and experienced traders alike.

Read the full review of the Coinbase exchange.

Uniswap 

Uniswap is a different kind of exchange than Bitcoin and Coinbase. This DEX (decentralized exchange) provides users with the benefits of large centralized networks without security risk. Uniswap is non-custodial, meaning; the network never takes control of your digital assets directly. Instead, Uniswap simply links up buyers and sellers who then trade crypto in a peer-to-peer fashion.

Currently, Uniswap is the largest Ethereum Dapp in the world. It provides Bitcoin trading services but made its name offering ERC-20 tokens an open market. The introduction of DeFi into the sector has made Uniswap even more valuable. Users can now wrap their Bitcoin and take advantage of some of the most popular DeFi options, such as staking.

Read the full review of the Uniswap exchange.

Gemini

Gemini is another US-based exchange that services both regular and large financial institutions. Since its launch, the network has always been popular because Cameron and Tyler Winklevoss founded it. These twins are best known for suing Mark Zuckerberg for stealing the Facebook concept from them. They also made headlines as the first Bitcoin billionaires.

Gemini provides crypto users with a fully regulated way to purchase Bitcoin. The network provides a nice selection of ways to load your account and buy Bitcoin. You can use credit, debit, or bank transfer. Best of all, your funds are securely stored in cold storage. All fiat funds you load on the exchange are also FDIC insured to 500,000 USD.

Read the full review of the Gemini exchange.

Kraken

If you are looking for an established exchange, then Kraken is a wise choice. The network has serviced the Bitcoin community for a decade since 2011. Over that time, Kraken was able to secure its spot as a dominant platform in the EU market. The network offers both US and EU investors easy access to the world’s first cryptocurrency. 

Kraken is a global exchange that accepts various fiat currencies, including USD, JPY, CAD, and GBP. The network utilizes a combination of high-level encryption and 2-factor authentication protocols to keep your satoshis safe. Kraken is recognized as one of the most successful exchanges of all time.

Read the full review of the Kraken exchange.

Bitstamp

Bitstamp is another titan in the market. Like Kraken, Bitstamp has had over a decade to showcase its value to the community. Since this time, Bitstamp has not slowed down its innovative approach in the sector. The network was the first to support multi-sig wallets. These wallets require multiple keys and are ideal for businesses.

Bitstamp has remained competitive due to its features and overall low fees. The network has branched out to offer a nice selection of coins but has never forgotten its core audience of Bitcoin investors. This desire to remain real to its original users is seen in the network’s perks. For example, crypto purchases under 20,000 USD only pay a 0.25% fee. This is significantly lower than other large platforms in operation today.

Read the full review of the Bitstamp exchange.

Bityard

Bityard makes a list because it offers a plethora of Bitcoin-related products on top of straight Bitcoin. It is a cryptocurrency exchange geared towards experienced traders. You gain access to advanced features such as the ability to trade with leverage. The network is also a leading cryptocurrency derivatives trading platform. 

Bitcoin derivatives are contracts regarding the value of the coin. They allow users to trade on the future price of Bitcoin without actually owning Bitcoin directly. While this may seem counterproductive, it’s vital for large financial institutions that are still a bit wary of entering a cryptocurrency market that lacks a solid regulatory framework.

Read the full review of the Bityard exchange.

7 Cryptocurrency Exchanges to Trade Bitcoin

Bitcoin live price
Btc
Bitcoin
$19.110,91
price
0.30229%
price change
BUY NOW

It’s no secret that Bitcoin is the investment of our lifetime. Stop watching others make their fortunes and start participating in this exciting financial revolution. All of these platforms bring features to the market that is sure to further your investment goals. Remember, always DYOR, and you are sure to see some record-breaking ROIs as Bitcoin continues to the moon.

Stay up to date with our latest articles

More posts

Here are the Benefits of Auditing Your Smart Contract with SolidProof

Auditing a smart contract is vital to ensure that the code functions as intended. SolidProof offers a wide range of services to help with this process. The company guarantees a sound audit process and an experienced team of auditors.  Here are the benefits of auditing a smart contract with a reputable company such as SolidProof: A wide range of services: SolidProof offers a wide range of services to help with the audit process, including code review, security analysis, and more.…

Smart Contracts Vulnerabilities Specific to The DeFi Space

As the financial world moves increasingly online, it's becoming more and more essential to ensure that all transactions run securely. One way this is possible is through the use of smart contracts.  Smart contracts are computer programs that automatically execute the terms of a contract. They provide a secure way to conduct transactions without relying on third-party intermediaries.  While the use of smart contracts offers many advantages, they are also vulnerable to attack. In this blog, we will explore how…

Malicious Attacks on Smart Contracts that Auditors Can Easily Identify

With many businesses adopting blockchain technology and Smart Contracts, offering reliable security audits in the industry has become increasingly important.  Businesses may protect their assets and contracts by recognizing and preventing harmful assaults. This blog post will explore the different attacks a group of criminals can carry on Smart Contracts. We'll also look at real-world instances of assaults to help you secure your contracts. What are Smart Contracts? Understanding the Benefits of This Technology What are smart contracts? They are…

How Smart Contract Audit Can Help Prevent Hacks

As companies move toward implementing smart contracts, the need for technical audits becomes increasingly essential. Having a third-party auditor check your contracts for vulnerabilities can prevent your company from suffering from a hacking attack.  What are Smart Contracts? A smart contract is a script that automatically carries out a contract's provisions. Smart contracts are self-executing, meaning that once the system verifies the meeting of pre-determined conditions, the contract will automatically execute. This eliminates the need for intermediaries such as lawyers…

Top 10 Ways to Earn Free Bitcoin in 2022

Here are the best ways to earn free Bitcoin when your purse is light. --- Are you interested in Bitcoin, but still hesitant to risk putting money towards it? Alternatively, are you looking to sat every sat possible, but lack the dry powder to buy more? Here’s a secret: you can put more bitcoin in your pocket without spending a dime – or even doing any real work.  That’s not to say you’ll earn much bitcoin without either of those…

Are Gold-Backed Tokens Worth Investing During Crypto Bear Market?

The crypto market is under the complete control of bears, investors taking short positions to profit from declining prices. In this unstable environment, new capitalists are fearful or skeptical when funding projects. Instead, they turn to more reliable assets that would not wipe out their portfolios when or if they flop. Gold-backed tokens represent a category of assets ready to provide portfolio stability and allow investors to overcome the bear market without too many losses. On the contrary, gold-pegged tokens…

What is Taro? Trading Assets and Currencies on Bitcoin

Taro leverages Bitcoin, lightning, and Taproot to enable the peer-to-peer transfer of currencies and assets beyond just BTC. —  Worried that Bitcoin is too boring to play within the growing digital asset economy? Fret no longer.  Using Taro, the original blockchain network can support the decentralized exchange of multiple assets – including fiat currencies. Moreover, the protocol works together with the lightning network, letting users transact – instantly and for free – with non-BTC-denominated balances.  Read below to learn about…

What is Fedimint? The Custody Solution to Bitcoin Privacy

Fedimint combines distributed custody with blind-signed ecash tokens to let Bitcoin users transact in private. --- Despite its growth, Bitcoin still faces some glaring limitations to reaching mass adoption as a fully censorship-proof payments network. One of them is privacy. Bitcoin’s ledger is fully open and public, meaning anyone can track another person’s transactions if they know his public address.  The other is a custody problem. While wallet software UX has improved considerably over time, many Bitcoin holders still store…

What Is a Crypto Bear Trap?

Cryptocurrencies are often incredibly volatile and can see massive price swings in a short time.  This makes them ripe for bear traps. A bear trap is a situation where traders wrongly think a coin is about to reverse a downtrend. These events often result in significant losses.  This guide will discuss crypto bear traps, how to identify them, and the risks involved in these situations. Introducing Crypto Bear Traps A bear trap happens when a trader buys assets, expecting the…

Understanding the GameFi Phenomenon

The GameFi industry is changing the way people think about gaming and finance. It provides a new way for gamers to interact with each other and earn money. It is also giving people a new way to invest their money.  The GameFi industry has the potential to change the way these industries operate. This guide will look more closely into this new business, covering several features. What Is the GameFi Sector? The GameFi sector is a crypto-based industry that uses…