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1. Cryptocurrency Exchange or Digital Currency Exchange is a
business that involves the exchange of cryptocurrency with
other assets such as money or any other digital currency. It is
a web service that provides electronic transactions in
electronic forms and taking fees for them.
Any transactions or operations to Digital Currency Exchange
can be made through debit and credit cards, postal money
order or any other kinds of money transfer. This article is
about discussing the various cryptocurrency exchanges which
facilitate crypto currency trading for beginners and what they
offer in terms of availability, ease of use, security,

2. deposit/withdrawal methods and fees. We hope this guide to
cryptocurrency trading can help you get started with
cryptocurrency exchanges.
Coinbase/GDAX
Coinbase is one of the biggest cryptocurrency exchanges
based in San Francisco, California. It is available in 32
countries and currently serves over 10 million customers.
Launched in 2012, it has an easy to use interface that makes
Digital Currency Exchange an easy task for a non-technical
person. It is also available for both iOS and Android.
Unfortunately, Coinbase doesn't provide crypto currency
mining for beginners and is only an exchange.
As of now, it offers four coins, Bitcoin, Bitcoin Cash,
Ethereum, and Litecoin. It exchanges digital currency with US
dollars, Euros and Great British Pounds. With minimum
transfer fees, Coinbase has never experienced any security
breach which makes it a perfect platform for digital currency
exchange. In addition to that, Coinbase also offers a
fully-fledged advanced exchange called GDAX. It offers more
advanced features and different and better trading fees than
Coinbase.

3. Bitstamp
Bitstamp is another platform that provides digital currency
exchange. It is relatively easy to use and offers more
advanced features via TradeView. Bitstamp offers coins such
as Bitcoin, Litecoin, Ethereum, Bitcoin Cash and ripple. It
exchanges digital currency with US dollars and Euro. You can
put into practice all the latest crypto currency trading
techniques in this exchange.
It offers Flat deposits via bank transfers and supports
debit/credit cards. Perhaps the only drawback one can find in
Bitstamp is slightly high fees and the fact that it suffered one
security breach in 7 years of its operation. Nonetheless, it is
one the most reliable exchanges. It is available in both iOS
and android.
Gemini
Gemini is a UK based company launched in 2015 by
Winklevoss twins. It is available in few countries including
U.S, Canada, Hong-Kong, Singapore and South Korea. One
of the downsides to this platform is that it is not particularly
user friendly. So, beginners are not recommended to use this
platform.

4. It offers two coins and 1 FLAT currency Bitcoin Cash,
Ehtereum and US Dollars. Gemini follows strict protocols
when it comes to security and as of 2018, it has not
encountered a single security breach thus making it one of the
most secure and reliable digital currency platform. However, it
is important to have digital currency investment strategies
before you start trading.
Digital Ticks
Digital ticks is a modern crypto exchange that aims to be a
game changer in this sector. They have implemented many of
the latest techniques which makes it easy for anyone to get
started with trading.
It has a unique feature called a Single Portfolio View that
would enable the traders to see all the holding positions on
one single portfolio. It would be easy for traders to make
informed decisions regarding the cryptocurrency exchange by
using this unique feature. It also supports Bitcoin, Ethereum,
Litecoin and Dashcoin.
Kraken

5. Kraken is one of the oldest cryptocurreny exchange platform.
Launched in 2011, kraken is the biggest exchange in terms of
volume and liquidity for EUR trading pairs. It serves worldwide
including the US.
Kraken offers a variety of coins including Bitcoin Cash,
Ethereum, Monero, Augur, Litecoin and many more. It also
supports deposit/withdrawals via bank transfers and
cryptocurrencies. Having a not so friendly user interface, it
also suffers from stability and performance issues but
nonetheless, it is good platform for cryptocurrency exchanges.
Bitfinex
Bitfinex is the largest cryptocurrency exchange platform.
Launched in 2012, it has an easy to use interface and offers
advanced number of features such as margin trading, margin
funding etc. It is available for both iOS and android platforms.
It offers BTC, BCH, ETH, LTC, IOTA, XMR and NEO.
Just like the previous cryptocurrency exchanges, it supports
withdrawals using US dollars and Euros via bank transfers.
Bitfinex has suffered two security breaches, the first one was
in May 2015, which resulted in a loss of $330,000. And the

6. second one on August 2016 that resulted in a loss of worth
$72 million.
EtherDelta
EtherDelta is a decentralized exchange that directly supports
peer to peer connection. It is very different from the previously
discussed cryptocurrency exchanging platform. Here, funds
are held in a smart contract on a Ethereum network which you
are solely responsible for depositing and withdrawing from.
Currently, EtherDelta only supports Ehtereum based tokens.
EtherDelta has a rather confusing interface that makes it
difficult for users to perform cryptocurrency exchange
operations. In one occasion, someone tried to buy 750 Kyber
for 0.007 ETH each but ended up buying 0.007 KNC at 750
ETH.
Conclusion
After looking at the various cryptocurrency exchanging
platforms, we can safely say that Coinbase and Bitstamp
stands out in terms of its good features like security, user
friendly interface, multiple withdraws/transfer methods and
many more.

7. I would not call them perfect but I would recommend that it is
the safest bet you can make. Every cryptocurrency
exchanging platform are unique in its own way and has both
advantages and disadvantages. We just have to select the
one that suits our needs. We hope that this guide on basic
crypto currency exchange and trading would give you a head
start in your journey of Cryptocurrency trading.
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