Cryptocurrency exchanges are online platforms where you can trade cryptocurrencies for other digital currencies or fiat currencies like USD or EUR. The number of exchanges across the globe has increased manifold over the years. Although there are currently over 500 cryptocurrency exchanges in the world based on official records, the majority of trade happens on just a few ‘hotspots’!

Here are the Top 3 Cryptocurrency Exchanges in 2019:

1) Coinbase

This is one of the largest crypto trading platforms in the world. They allow the exchange of cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), with a host of other digital or fiat currencies (USD, EUR, etc.)

Although the platform allows exchanges in 32 countries, Bitcoin storage and transactions can be done in over 150 countries worldwide. You can acquire and sell currencies using payment methods like credit cards, PayPal or even bank account transfers.

Coinbase has gained a lot of influence over the years. It’s also considered to be one of the best cryptocurrency exchanges for beginners.

2) Binance

In spite of being relatively new, Binance is arguably the largest cryptocurrency exchange in the world. It provides an array of features like a user-friendly interface, mobile-app access, and instant transactions.

You don’t even need to verify your account to begin transacting. Also, it has an extremely low transaction fee of 0.1% (yes, you read that right!)

Binance has become a hot favorite among avid crypto-junkies because it satisfies virtually all their crypto needs at a reasonable price. Also, do you know that you can buy gold with crypto?

3) Kraken

It is one of the older exchanges that was launched in 2011. Kraken is the largest Bitcoin exchange in Euro volume and liquidity. You can trade a broad range of fiat currencies like US Dollars, Canadian Dollars, British Pounds, and even Japanese Yen for other digital currencies.

As Kraken is equipped with several advanced trading features and has a more complex user interface, it’s considered to be ideal for experienced traders.

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