Looking for the best Bitcoin exchanges can be a harrowing task. There are tons of crypto exchanges claiming to be the top Bitcoin platform. So, how do you find a reliable BTC exchange? By going through our list of the best bitcoin exchanges, of course!
If you want to hop onto the crypto bandwagon by investing in the most valued crypto coin, BTC, then you are at the right place. Our list of the best Bitcoin exchanges will help you buy bitcoin at affordable rates in a safe and secure manner.
No matter which country you reside in, you can start investing in Bitcoin with the help of these well-known BTC exchanges that accept money by wire transfer and debit/credit cards.
Better still, many them are fiat to crypto exchanges, meaning you can exchange your native fiat currencies such as USD, GBP, CAD, AUD, EUR, INR, YEN, for the coveted Bitcoin. So without, further ado, let’s get started.
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10 of the Best Bitcoin Exchanges 2022
The largest Bitcoin exchange in the world, Binance started its operations in 2017 and since then it has fostered an ecosystem of crypto-based financial services. Binance helps crypto newbies buy bitcoin via debit/credit card, offers Bitcoin debit cards and even lets users trade BTC for altcoins.
For starters, Binance also offers its own wallet and native token called BNB that you should also probably hodl along with Bitcoin. Signing up on the platform is quite easy, simply register via your email ID and wait for a while until your account gets approved for buying, selling and trading bitcoins.
Being a centralized exchange, Binance ensures that the exchange is safe for new traders, crypto hobbyists and also provides a decent discount for day traders.
A renowned U.S. crypto exchange, Coinbase provides seamless buying and selling options and assists new crypto users to buy Bitcoins with ease.
Available in both iOS & Android OS, Coinbase is a mega crypto platform where you can buy a melange of cryptocurrencies that run the the gamut from Bitcoin (BTC), Etherium (ETH) to Ripple (XRP) and Dogecoin (DOGE).
Coinbase is currently active in almost all the countries of the world, it also offers its very own Bitcoin debit card. What’s more, you can also use your fiat currency to purchase bitcoins on the go. Signing up on the platform is pretty easy and takes little time.
Based our of San Francisco, U.S.A., Kraken is a premier crypto exchange that is lax on the KYC aspect unlike many of its counterparts. New users can easily sign-up, deposit funds and even withdraw them without KYC verification up to a certain threshold.
Available for users around the world, Kraken also allows new users to fund their account with fiat currencies such as USD, Canadian Dollars, Euros, Yen, AUD to name a few.
You can also trade in a plethora of other cryptocurrencies such as Ethereum, Monero, Cardano and other altcoins on its impressive UI. All together, Kraken is one of the best bitcoin exchanges for US based users who don’t like KYC verification.
Poloniex is a premier exchange for crypto aficionados strictly going by their sheer trading volume, and support for altcoins. If you are a beginner you can simply start your crypto sojourn on Poloniex by depositing USDT (Tether dollars) or any other cryptocurrency and enjoy trading Bitcoins.
However, make sure to enable 2 step authentication upon account setup for maximal security if funds. If you want to dig deeper and suss out market trends and past history, Poloniex offers the option to fully zoom into charts for in-depth analysis. What’s more, Poloniex supports Stop-limit orders to reduce trading risks.
A name synonymous with buying and selling Bitcoins, Bittrex is US-based cryptocurrency exchange that is well-regulated and compliant with US laws. Hence, users can rest assured about the safety of their funds. one ot Bitcoin exchange because of its clean design and easy usability.
With support for over 190 cryptocurrencies (including Bitcoin), access to advanced trading tools such as crosshairs, candlestick charts and and immersive UI, Bittrex is amongst the best bitcoin exchanges on the market.
Furthermore, Bittrex currently handles one of the largest BTC trading volumes in the world is a reputed “crypto-only” exchange where users can deposit fiat currencies such as USD, AUD, CAD, EUR, GBP, etc, with flat 0.25% fee schedule.
Simply register with your email ID, and you can get started with buying or selling BTC. However, withdrawal of funds requires KYC verification and enabling two-factor authentication for higher limits.
One of the most trusted and earliest Bitcoin exchanges on the market, CEX offers bulletproof security on all transactions. In fact, if you are getting started with Bitcoin, CEX should be on your priority since it is amongst the only exchanges that have not witnessed a security breach since their inception.
What’s more, CEX charges only 0.25% fees on transactions which is at par with the industry standard. You can buy bitcoins via multiple payment options such as Debit card (Visa and master), SWIFT, ACH, SEPA, USDT (Tether dollars) and even altcoins.
A pioneer in the field of P2P crypto transactions, LocalBitcoins helps users easily buy and sell Bitcoin with no intermediaries involved nor high transaction fees. It basically acts as an escrow service that hooks you with a seller or buyer in your vicinity and thus cuts down the cost of buying bitcoins drastically.
LocalBitcoins is available in almost all the countries of the world and is a reliable service for for those who are concerned about their privacy while buying Bitcoins.
LocalBitcoins offers many methods to pay for bitcoins including cash by mail, debit/credit cards, Paypal and more. All in all, Local Bitcoins is one of the best bitcoin exchanges with no KYC verification policy.
Based out of New York City, Gemini is a formidable Bitcoin exchange for corporate traders across the world. With operations in North America, Europe, and Asia, Gemini ensures that it has a wide reaching platform for investors of all hues.
As well as offering institutional accounts for enterprises and companies, Gemini also offers individual accounts for crypto enthusiasts and beginners.
Thanks to competitive prices, smooth responsive UI and friendly customer support, buying or selling bitcoins becomes a breeze on Gemini.
Bitstamp claims to be the first fully licensed Bitcoin exchange where users can buy bitcoins using their credit or debit cards. Notable for their immersive user interface, Bitstamp also offers app versions for both iOS & Android OS so that users can trade Bitcoins on the go from their smartphone.
Not to mention, Bitstamp provides high-security to all transactions, and sends out timely SMS alerts of fluctuating BTC prices. Especially, if you are an experienced trader looking for an advanced exchange for buying/selling bitcoin, Bitstamp is definitely one of the best bitcoin exchanges on the crypto market.
Rounding off our list is eToro which started as a crypto exchange for the UK and Euro regions, but now has also spread its operations in the United States. As well as Bitcoins, eToro offers a ton of options for trading numerous altcoins.
Buying and selling Bitcoins on their platform is quite easy and eToro even grants users a dummy practice trading account where you can learn the ropes of BTC trading before using real funds.