Since the launch of Bitcoin on January 3, 2009, cryptocurrencies have gained a lot of popularity. Along with crytocurrencies are also the emergence of cryptocurrency trading platforms. As of January 2020, there are over 4,900 cryptocurrencies that operate in over 20,000 markets, with over 300 registered cryptocurrency exchanges, according to data from coinmarketcap.com.
With so many platforms out there, it is very difficult to separate wheat from chaff. How do you go about finding the best platforms where you can buy and sell digital coins? The team at Hackernoon recently compiles a list of the top 50 exchanges in 2020 based on actual trading volumes, accessibility in different geographical locations, liquidity, market quality, and team/management behind the platform. At the top of the list is Behance, the behemoth of cryptocurrency trading platforms. You can see the entire list here. But below are the top ten cryptocurrency trading platforms, courtesy of Hackernoon.
Founded in 2017 by Changpeng Zhao and Yi He, Binance is a cryptocurrency exchange platform that combines digital technology and finance. The company provides access to exchange digital currency pairs on the market while maintaining security, liquidity, enabling a safe and efficient deal with anyone, anytime and anywhere.
Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase is an online platform that allows merchants, consumers, and traders to transact with digital currency. It allows its users to create their own bitcoin wallets and start buying or selling bitcoins by connecting with their bank accounts. In addition, it provides a series of merchant payment processing systems and tools that support many highly-trafficked websites on the internet. Coinbase was launched in 2012 with a mission to create an open financial system for the world. It is operated from San Francisco, California.
Founded in 2018, the Tallinn, Estonia-based Coinsbit is a legit, secure, and reliable cryptocurrency exchange based in Estonia. It was named the best 2018 crypto exchange at Asian Blockchain Life 2019. It plans on further distinguishing itself from the competition through a series of novel functions. It will ensure privacy for all users and will not require borrowers to show their credit history. An additional planned feature is an invest box service, which will reward users who deposit cryptocurrency by paying them interest on various coins.
5. Bithumb Global
10. Delta Exchange