Rare Altcoins including Litecoin (LTC) and MinCoin (MNC) are gradually becoming popular among investors all over the world. One of the main reasons is that these digital currencies continue to remain safe against the inflationary policies that are introduced by governments all over the world. Many people for these reasons are investing in cryptocurrencies as their retirement funds, whereas some of the market players due so mainly for short term speculation. They purchase at a low price and sell at a high price. There are many reasons to consider investing in cryptocurrencies if you haven’t started. Currently, the market cap of Bitcoin and altcoins has gone up to $300 billion dollars and is projected to reach over $500 hundred billion dollars before the end of 2019.
If you are looking for the best global exchange where you can trade cryptocurrencies, we have provided in this article the top seven among them in this article. See below:
7 Best Rare Altcoins Exchanges
1. Binance
Binance provides mobile app and is potentially the quickest developing exchange. Binance recently concluded its ICO and although it is based in China, it serves investors all over the world. The exchange at present has over one hundred and forty altcoins listed. More and more are being added on the platform every day.
Binance is a centralized exchange. It offers a good discount to day traders who make use of Binance (BNB) coins. Binance Coin is the standard currency that is being traded on this exchange.
Binance as well has a unique fee structure that begins with 0.1 percent standard trading fee. This is by far less than the amount charged by its competitors. The charge can be additionally be reduced if you pay in BNB
You only need to register with your email address to get started on Binance and the trading process is very simple and fast.
Binance as well has forceful plans which includes multi-lingual support, mobile apps for both iOS and Android users, Binance Angel Program, and the Community Coin Per Month which users can adopt in their trading platform.
2. TradeSatoshi
TradeSatoshi is a great option if you are looking for a fast altcoin exchange. It is easy to use by newbies. It is one of the most simply platforms to trade dozens of varieties of cryptocurrencies.
TradeSatoshi has a very active development team and has a fantastic track record as a new player in the cryto space. To make use of TradeSatoshi, you don’t need to pass through an extended registration and verification process. You merely log in with your email account and start to trade.
At present it supports over thirty five cryptocurrencies together with fiat currency pairs like the USD/EUR. TradeSatoshi recently listed MinCoin the worlds fastest rare altcoin which uses the trading symbol MNC. For an easy and safe way to buy, sell, or trade MinCoin, please follow this link:
3. Bittrex
Bittrex is one of the most popular cryptocurrency exchanges. It is based in the US and offers the traders the opportunity to over one hundred and ninety crypotocurrencies concurrently Bittrex is a properly regulated exchange that complies with all the rules in the US which gives crypto users an assurance about the safety of their funds with Bittrex. Bittrex handles one of the largest BTC trading volumes out of all the exchanges in the world.
To trade on the crypto currency, the traders determine the rates at which they want to trade, and Bittrex charges them a minor fee of 0.25 percent for their service. To begin with Bittrex, you are required to register and log in with your email ID. However, to withdraw funds, you are supposed to do a KYC by submitting your ID documents and phone number and as well enable a two-factor authentication for higher limits. One good feature of Bittrex is that account verification occurs supper fast.
4. ShapeShift
ShapeShift is as well an easy to use and trouble-free cryptocurrency exchange launched in August of 2014 by Erik Voorhees, one of the first investors of Bitcoin. ShapeShift has a strict “No Fiat” policy. This implies that national currencies like USD/GBP/EUR are not used on the exchange.
To start to use ShapeShift, you don’t need to go through extensive ID verification or registration exercise. However, as opposed to Changelly, ShapeShift enables trading on the platform without having to log in with email ID.
To trade cryptocurrencies from ShapeShift, you just require a ShapeShift-supported cryptocurrency and a wallet address for your chosen crypto. The exchange presently supports forty different cryptocurrencies.
5. Poloniex
Poloniex is developed by Tristan D’Agosta, Poloniex in 2014 and has remained one of the largest cryptocurrency exchanges globally. It is based in the United States and provides over one hundred cryptocurrencies on the platform for to its users. Poloniex has the highest record of trade volumes. In 2017, Poloniex had the largest volume of trade for ETH given the fact that it supports an autonomous Ethereum market and a BTC market.
It is an exchange that deals only in cryptocurrencies. However, users can begin to easily trade on it with the use of USDT (Tether dollars).
Poloniex charges a fee of 0.15 percent to 0.25 percent. It all depends on if the trader is a maker or a taker.
It is essential to enable a two factor authentication when trading with Poloniex!
6. Bitfinex
Bitfinex is another large and popular cryptocurrency exchanges available. It is based in Hong Kong and started operations in 2014. The platform allows traders to trade in thirteen cryptocurrencies in exchange of USD or BTC which include the following: Bitcoin, Bcash, Dash, Ethereum, Zcash, Monero, Litecoin, Ethereum Classic, OmiseGO, EOS, IOTA, Santiment and Ripple. Unlike Bittrex, with Poloniex, you can trade with USD by paying a wire fee of not less than twenty dollars. Again, traders ought to pay a trade fee which ranges from 0.1 percent to 0.8 percent. Users are as well charged for withdrawals or deposits.
7. Cryptopia
Cryptopia is another popular cryptocurrency exchange. It supports trade on more than 400 altcoins. The exchange has forcefully grown to this standard and has lists of other altcoins you cannot found on other exchanges. The platform gives many cryptocurrencies opportunities for great liquidity. It is a centralized exchange and based in NewZealand but allow trading of cryptocurries by users all over the world.
To get registered, all you need is your email address and a secure password. It is also recommended that you use a two-factor authentication when dealing with centralized exchanges.
There you have it, the best available cryptocurrency exchanges that will allow you to trade almost any type of digital currency.