Category: Cryptocurrency Exchanges
Best Coinbase Alternatives: How To Choose the Right One?
Coinbase is the world’s most popular way to buy and sell bitcoin, ether, and litecoin. Founded back in June of 2012, when a single bitcoin was worth less than $15, Coinbase has since flourished into one of the most polished digital currency exchanges on the market. The clean and simple interface offered by Coinbase is […]
BitPay vs Coinbase Compared – Which is the Better Trading Platform?
BitPay and Coinbase have long been expanding and competing in the cryptocurrency space. Currently, they both offer wallets, payment processing for online merchants and VISA debit cards. Wallet Comparison – Digital with BitPay or Online with Coinbase? Both BitPay and Coinbase offer internet connected (‘hot’) wallets to store your Bitcoin and other cryptocurrencies. Specifically, Coinbase […]
How does it work? LocalBitcoins is a peer-to-peer Bitcoin exchange. In contrast to other traditional exchanges, your Bitcoins are bought or sold to other individuals rather than organisations who buy low and then selling higher than Bitcoin’s current price. This means that you could be purchasing your Bitcoins from your neighbor or your boss; and […]
Kraken vs Poloniex
Key Differences Poloniex Kraken Founding year 2014 2013 Location Delaware, United States California, United States Fees (overall) Very low Very low Transaction fees Very low Very low Withdrawal fees None; just the cost to the exchange None; just the cost to the exchange Deposit fees None stated Very low and limited Trading interface Great Great […]
Bittrex vs Bitfinex — Crypto Exchange Comparison
Key Differences Bittrex Bitfinex Founding year 2013 2012 Location Seattle, United States Hong Kong Fees (overall) Low Low Transaction fees Low Very low Withdrawal fees None Low Deposit fees None Low & only on small deposits Currencies Over 100 cryptocurrencies Around 20 cryptocurrencies, 4 fiat currencies Account minimum None $10,000 to begin trading Deposit options […]
CEX.IO Review — The All-In One Exchange
As the cryptocurrency space matured, cryptocurrency exchanges split into two groups: Traditional exchanges, connecting buyers and sellers together like a stock exchange and charging a small fee on each transaction Brokers, who set their own price make a profit either through fees or the difference between their buying and selling rate CEX.IO combines these into […]
Kraken vs Coinbase: Which is Better?
Key Differences Coinbase Kraken Founding year 2013 2013 Location California, United States California, United States Fees (overall) High Very low Transaction fees Moderate Very low Withdrawal fees Only the cost to the exchange Only the cost to the exchange Deposit fees None Very low and limited Trading interface Simplistic & intuitive Complicated but highly informative […]
Coinbase vs Coinmama: Which is the Safer, Cheaper Broker?
Coinmama and Coinbase are cryptocurrency brokers. Instead of letting users buy and sell directly from each other like a traditional exchange, brokers profit from substantial mark-ups. Whilst the fees are higher, these brokers take out the trust risk associated with peer-to-peer exchanges and the complexity of traditional trading platforms. Coinbase is a giant in the brokerage […]
xCoins.io Review: A Safe PayPal Exchange?
Overview xCoins.io is a small peer-to-peer cryptocurrency exchange, but offers secured loans instead of direct Bitcoin payments. The platform is beginner-friendly, and their website handles the transaction all the way through. Conversely however, experienced traders will find the high fees and low minimums restrictive. Most xCoins traders use it as a loophole to buy cryptocurrency through PayPal. Location […]