The selection of a digital exchange is important to your future financial stability.  Factors to consider include security, jurisdiction, and available trading pairs.  Below is a list of some of the more popular digital currency trading platforms.

DIGITAL EXCHANGES

Coinbase

 

Based in San Fracisco, California, USA, Coinbase is one of the oldest digital currency exchanges.  Coinbase partners with GDAX on the trading side, but Coinbase is far more than just a trading platform.  Coinbase also works with several notable payment processors.  Only bitcoin transactions are available at the present time, but some client merchants include Dell, Expedia, Intuit, satellite television provider Dish Network, and Overstock.com.

Individuals that use Coinbase can feel safe in that their digital currency is insured against theft.  If Coinbase is ever hacked, their cyberinsurance policy will cover individual digital currency losses.  All fiat currency deposits are FDIC insured.

Coinbase has a great development team, with some excellent mobile tools.

Kraken

 

Based in San Francisco, California, USA, Kraken is another trading platform that has been around for a long while.  Kraken was one of the first trading platforms to be registered in Europe, and as such sees the greatest Euro volume of all trading sites.

Kraken is known for having some of the lower trading fees in the industry, and is known for their stringent security including proof of reserve audits (which Kraken was the first to do).  Kraken allows margin trading, and supports all of the major trading pairs covered on this website.

Bitfinex

 

Based in Taiwan, Bitfinex is one of the largest exchanges by volume with 24 hour volume typically exceeding $2.5 billion. 

Bitfinx carries more trading pairs than either Kraken or Coinbase, and is not subject to US AML or KYC laws.

Bitfinex has very advanced charting and trading options, including margin trading and funding.

Bitfinex

 

Based in Taiwan, Bitfinex is one of the largest exchanges by volume with 24 hour volume typically exceeding $2.5 billion. 

Bitfinx carries more trading pairs than either Kraken or Coinbase, and is not subject to US AML or KYC laws.

Bitfinex has very advanced charting and trading options, including margin trading and funding.

Coinone

 

Based in South Korea, Coinone carries most of the more popular trading pairs, including Bitcoin, Bitcoin Cash, Monero, and more, although their trading pair portfolio is nowhere near as large as Coinbase, Kraken, or Bitfinex.  Litecoin is one of the most recent additions to Coinone, having been added in November of 2017.

Coineone is not subject to US AML and KYC laws.

Quoine

 

Based in Japan, Quoine is the first tranding platform to be regulated in Japan as of September 2017.  Trading pairs are limited to Bitcoin, Ethereum, and Quoine's own digital currency called Qash.  It is the hope of Quoine that Qash will "...become the preferred payment token for financial services."

Quoine is not subject to US AML and KYC laws.

Bitstamp

 

Based in London, England, Bitstamp's tranding pairs include Bitcoin, Litecoin, Ethereum, Bitcoin Cash, and Ripple.  Bitstamp allows trading to Euros and US Dollars as well. 

Bitstamp has partnered with Ripple, and is a premier trading platform for Ripple in Europe.

Bittrex

 

Based in Seattle, Washington, USA, Bittrex includes more obscure trading paris than some of the other US-based exchanges.  Some of the coins supported include Ubiq, Gambit, Gridcoin, and Blackcoin along with the more widespread Bitcoin, Litecoin, and Ethereum.  Bittrex is one of the few exchanges that actively allows trading of the popular Dash coin.

Bittrex is subject to US AML and KYC laws.

Poloniex

 

Based in Wilmington, Delaware, USA, Poloniex has one of the largest trading pair stables of all excahnges.  Although known for security, Poloniex recently released an announcement of a rogue Poloniex application that was released in the Google Play Store and was thought to be malicious.  If you use this exchange, please be aware that they are an active target of hackers and be extra cautious.

Poloniex is subject to US AML and KYC laws.

Gemini

 

Based in New York, NY USA and founded by the famous Winklevoss twins (the first "Bitcoin billionaires", this exchange only allows trading of Bitcoin and Ethereum.  Although neither security nor liquidity has ever been a problem for Gemini, keeping the site online at times of peak volume has certainly been a challenge with several infrastructure expansions in 2017 alone.

Gemini is subject to US AML and KYC laws, and even more restrictive New York State laws regarding digital currencies.  Gemini has a license to hold Bitcoin for regulated entities such as banks and asset managers, something that virtually no other exchange can do.

DISCLAIMER

 

This site is for informational purposes only.  Please conduct your own research and invest wisely.  A website link on this website in no way represents an endorsement of any kind, or any validation that the services or products available on that website are suitable for your purposes.

Most individuals will find throughout the course of their research that different communities associated with different coins are very passionate about their coin and its underlying technology.  We strive always to remain as impartial as possible.

The information provided on this website does not constitute investment advice, financial advice, trading advice or any other sort of advice and you should not treat any of the website's content as such. Coins Demystified does not recommend that any digital currency should be bought, sold or held by you and nothing on this website should be taken as an offer to buy, sell or hold a digital currency. Please consult your financial advisor before making any investment decisions.

Coins Demystified will strive to ensure accuracy of information listed on this website although it will not hold any responsibility for any missing or incorrect information. You understand that you are using any and all information available here AT YOUR OWN RISK.

The price of digital currencies are very highly volatile. It is common for prices to increase or decrease substantially in a single day. Although this could mean potential huge profits, this also could mean potential huge losses. DO NOT INVEST ALL YOUR MONEY IN DIGITAL CURRENCIES. Only invest money which you are willing to lose. Digital currency trading may not be suitable for all users of this website. Anyone looking to invest in digital currencies should consult a fully qualified independent professional financial adviser.