Top Crypto Exchanges,Top 100 Cryptocurrency Exchanges Reviews
To be thorough in our coverage of top crypto exchanges, we have a page for recommendations and one where we review the specific exchanges. In our cryptocurrency exchanges list, we have a selection process that is uncompromising to make sure that you only get the top crypto exchanges and nothing else.
Selecting one of these companies on the cryptocurrency exchange list can be a daunting task. There are over 200 of them and in 24 hours, they trade billions in volume. In 2018 alone, hackers stole over 1 billion dollars from exchanges all over the world. If you are shocked by that number, then you are having the right reaction.
This is one reason Bitcoin experienced that plunge last year. 2019 is no different and even though there have been security measures put in place after the Mt. Gox hack, the top crypto exchanges can be hard to find for the average interested customer.
In the crypto world, if you do not carefully look at the cryptocurrency exchanges list for the best, you will find yourself in the middle of baffling scams like the QuadrigaCX’s case. It is easy for a fool and his cryptocoin to part in this world.
The Things You Need To Know About The Top Crypto Exchanges
After the selection process of the top crypto exchanges, we write reviews and use a checklist they have to pass before we can include them here. For them to make it to the top of our best cryptocurrency exchanges list, they have to prove themselves almost faultless.
Before you look for top crypto exchange, you need to have the answers to these questions:
- What is a cryptocurrency exchange?
- Why should I enlist the service of one?
- What do I need to find in a top crypto exchange?
- Where is my crypto exchange based?
- Is there transparency?
- How do I know that my funds are safe in an exchange?
In 2019, the world of cryptocurrency developed the KYC (Know-Your-Customer) rule to stamp out anonymity in exchanges. Before KYC, it was easy for anyone, even unknown people to take part. That is how a loophole was created to steal from people.
The cryptocurrency exchanges list we have here incorporated top crypto exchanges that use AML (anti-money laundering) procedures too. When you are I the cryptocurrency investment business, you will need to make sure you store them well too.
It is not just about finding the top crypto exchanges; it is also about being careful just in case. When you have accumulated enough to amount to a month’s salary or an amount you cannot lose, move it to cold storage.
Here’s What We Look At to Find Top Crypto Exchanges
Keep in mind that this is not an all-encompassing list and that you should always keep your eyes open for everything. Our cryptocurrency exchanges list involves looking into the following points:
1. Liquidity and Volume, Top Crypto Exchanges
One of the best indicators of a top crypto exchange is a high volume of trading. There should also be liquidity that they can fill in order any time that you make one, no matter how big. Our cryptocurrency exchanges list has exchanges that have a lot of orders, usually filed in seconds after we make them.
If you are doing a smaller order, you can go for the decentralized exchanges that are slower but easier to handle and safer. As always, the best way to trade is to do it in a way that you can understand and handle.
2. Location and Restrictions
You need to look at the geographical location before you buy anything. The geographical scope is very important. You need to know that an exchange can cater to you before you sign up. The top crypto exchanges have a far-reaching influence. Is crypto exchange legal in your country? You need to know things like that.
We find out everything for you. Do not put money into an exchange which is in an anti-crypto country or where things are highly political about crypto.
3. Security, Anonymity and Tech Support
These are three things that should always go hand in hand. When looking for the top crypto exchanges, we make sure that they can keep your digital coins safe, your identity anonymous and offer tech support when you need it.
You do not have to face challenges when using one of the companies on the cryptocurrency exchanges list we have here. We look at the exchange’s policies to make sure they have anti-money laundering measures and that they have a KYC process to make sure they do not have breaches in security that could affect you.
Research and Compilation, Top Crypto Exchanges
There are many resources on the internet that one can use to determine some top crypto exchanges. To make this cryptocurrency exchange list and then review them, we had to go to every single one of the major resources and pool the information in one place.
The companies reviewed here and the information you get is trustworthy because we cross-check everything. Our top crypto exchanges are here because they fulfill all the important stuff we talked about earlier.
Research can be hard when you do it all by yourself. You may find some rabbit holes on the internet that seem legit and then lose all your money to scammers. Being careful means going to a site where the information is ready for you and use it to decide.
The Importance of Reading Top Crypto Exchanges List Reviews
There are many user reviews left by people who have used the top crypto exchanges. These reviews help us know who we can trust. That is an invaluable source of information that you can exploit to try to make the best decisions about the kinds of top crypto exchanges that will suit your needs best.
We write reviews because:
- They give you social proof
- Establish trust
- Give you a fighting chance in a world full of scammers
- Provide a roadmap to the best places to take your business on the internet
- They provide information that is difficult to find in one place
We hope that these individual reviews will help you.
PrimeXBT Review – Traditional Assets Meet Digital Assets on Margin Trading Platform
PrimeXBT is a multi-asset trading platform built on decades of brokerage experience in traditional markets. The simple-to-use and highly customizable user interface make PrimeXBT the perfect platform choice for beginners and professionals alike. In our PrimeXBT Review we cover all the pros and cons.
Based in Seychelles, it is open to all traders across the globe. Registration is free, demo accounts are offered, and features low minimum deposits. Long and short positions are offered on all of the over 30 individual assets across forex, stock indices, commodities, and cryptocurrencies.
Very few platforms offer both digital and traditional assets side by side, nor do any platforms offer this much of a variety and opportunity for portfolio diversification. This review aims to outline all of the available assets, trading tools, provide an overview of the PrimeXBT platform, and more. In the end, using this information you can decide if signing up is right for you.
PrimeXBT Review: Trading Instruments
After discovering the variety of assets listed on PrimeXBT, it immediately became the focal point of the review. So few platforms out there offer both traditional and digital assets on the same platform, let alone such an extensive variety of instruments. And because traditional markets are so attractive right now, offering all of these assets under one roof is incredibly valuable.
First, the variety is just incredible. Over 30 assets across forex, stock indices, commodities, and cryptocurrencies. Over 25 of the major forex currency trading pairs. 5 of the most important cryptocurrencies. Many different commodities and a dozen of the globe’s most important stock indexes.
Here is the full list of trading instruments:
BTC/USD, ETH/USD, ETH/BTC, LTC/USD, LTC/BTC, XRP/USD, XRP/BTC, EOS/USD, EOS/BTC
AUD/CAD, AUD/CHF, AUD/JPY, AUD/NZD, AUD/USD, CAD/CHF, CAD/JPY, CHF/JPY, EUR/AUD, EUR/CAD, EUR/CHF, EUR/GBP, EUR/JPY, EUR/NZD, EUR/SGD, EUR/USD, GBP/AUD, GBP/CAD, GBP/CHF, GBP/JPY, GBP/NZD, GBP/SGD, GBP/USD, NZD/CAD, NZD/CHF, NZD/JPY, NZD/SGD, NZD/USD, USD/CAD, USD/CHF, USD/JPY, USD/RUB, USD/SGD, USD/TRY
PrimeXBT Review: Commodities
BRENT, CRUDE, NAT.GAS,
DOWJ, EUR50, FRANCE, GER30, SP500, SPAIN, NASDAQ, HK-HSI, AUS200, JAPAN, UK100
Traders should always look to find a trading platform that offers a wide variety of trading instruments, both offering a variety of profit opportunities but also to provide the best possible portfolio diversification.
Spreading capital across many different assets for a well-diversified trading portfolio has been statistically shown to reduce risk and increase return on investment. This works by including instruments that are anti-correlated or uncorrelated, so no opportunities are missed and prevent unusual fluctuations due to one specific asset or asset class over or underperforming.
PrimeXBT Review: Deposits and Withdrawals
Making a deposit is easy, and the smallest possible deposit allowed is just 0.001 BTC. Bitcoin is deposited to a BTC address and wallet from external accounts, or by using a third-party module and service called Changelly.
After completing the steps in the Changelly widget, you can transfer the newly deposited BTC to your trading account and start trading.
To begin trading, simply go to the Account section after your deposit has been confirmed, and transfer the deposited BTC from your wallet to your trading account using an internal account transfer. The same wallet can also transfer BTC to a Turbo account, but more on that later in the review.
Once your trading account has been funded, click on the Trade section to launch the trading terminal and start taking advantage of the platform’s cutting edge trading tools.
Withdrawing funds also requires an internal transfer. Traders must first make an internal transfer from their trading account back to the personal wallet in the Account section. Click on Withdraw and enter the wallet address and amount you would like to withdraw.
Remember to add the BTC address to your list of whitelisted addresses before attempting to send funds. BTC may only be sent to a whitelisted BTC address. Whitelisted addresses must be confirmed via email before being added for additional protection and security.
Withdrawals are made once a day during a specified rollover period and may be canceled before the rollover period commences.
PrimeXBT Review: Trading Fees and Conditions
Fees are highly competitive and as low as 0.001%. Most markets are open just about 24 hours, Monday through Friday, and cryptocurrencies trade around the clock and even on weekends. This is yet another reason why traditional asset traders should consider crypto as much as crypto traders should consider traditional markets – there is money to be made even on the weekends.
Traders can work toward lowering their fee impact and save more capital through a progressive fee discount system. Traders with 300 BTC trading turnover up to 600 BTC turnover, get 25% off, while those with over 600 BTC turnover are offered 50% savings.
Trading Engine and Platform
The engine is reliable, offering quick order execution and up to 99.9% uptime with few outages ever reported. Users report stable conditions during volatile market phases.
The user interface is customizable and has tons of visual appeal. An intricate help center is filled brimming with helpful guides and tips.
The website is secured and passwords are encrypted. Bank-grade security protects all user accounts. Additional protections through email confirmations, two-factor authentication, and address whitelist further keep funds safe.
PrimeXBT Review: Trading Tools
The primary tool promoted by PrimeXBT is leverage. To explain how this works in simple to understand terms, a $100 position with 100x leverage becomes as powerful and as profitable as a $10,000 position or a 0.01 BTC positron becomes 1 BTC.
Leverage is offered at up to 1000x for forex currencies, and up to 100x on the rest of the assets on the platform including stock indexes, cryptocurrencies, and commodities.
Long and short positions are offered, even at the same exact time. Stop-loss or take profit orders can be added at the time an order is placed or afterward, and can even be edited after being placed.
Orders can be placed in the trading terminal, or on the chart itself. Charting software is provided on the platform for technical analysis and planning. This ensures traders are equipped with all the analytical tools necessary to win.
PrimeXBT is one of the few safe platforms out there that offers a variety of traditional assets and cryptocurrencies. In addition, the fee structure is highly desirable and the trading tools provided enable profits to be booked on a regular basis.
The security is strong, and privacy is a major focus for the platform that doesn’t require any personal info or a KYC process. Due to this, signing up is extremely fast – another bonus factor.
In addition to everything covered in the review, the platform regularly adds new instruments, has received a number of awards recently and has live 24/7 customer service.
PrimeXBT is recommended for any trader at any experience level.