In 2009 Bitcoin was released into the world by Satoshi Nakamoto, a pseudonymous author.
Over the last couple of years the term cryptocurrency has been rapidly gaining the public eye. You might be more familiar with terms like Bitcoin, Litcoin and Ether. These are all cryptocurrencies.
In fact, there many!
A cryptocurrency is a digital currency that is created and managed through the use of advanced encryption techniques known as cryptography. Cryptocurrency made the leap from being an academic concept to (virtual) reality with the creation of Bitcoin in 2009. While Bitcoin attracted a growing following in subsequent years, it captured significant investor and media attention in April 2013 when it peaked at a record $266 per bitcoin after surging 10-fold in the preceding two months. Bitcoin sported a market value of over $2 billion at its peak, but a 50% plunge shortly thereafter sparked a raging debate about the future of cryptocurrencies in general and Bitcoin in particular.
Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
If you're are new with the concept of Bitcoin, there are important things you should know. Bitcoin allows you exchange money and transact in a different way than you normally do. First of all, you should take time to educate yourself before using Bitcoin for any serious transaction. Bitcoin should be treated with the same care as your regular wallet, or even more in some cases!
FIRST you must have a wallet to hold your digital currency. These wallets come in two forms: a) Hardware Wallets b) Mobile Wallets.
Basically a hardware wallet is a device that helps you store your Bitcoin offline. A mobile wallet is a downloadable app, for either your phone or your computer, that allows you to store your Bitcoin.
Bitvavo is aimed at people who want to buy and sell digital currencies. Bitvavo believes in the future of digital currency. However, we find that digital currency is not yet accessible enough for the average user. Bitvavo makes digital currency accessible to everyone. Trade over 50 digital assets and pay a maximum trading fee of 0.25%. A simple and advanced interface for experienced traders make the currency of the future accessible for everyone for the lowest price.
Transfer euros to Bitvavo using SEPA Banktransfer, credit card, and 6 other payment methods. Exchange over 50 digital assets directly with euro, without any additional required steps. SEPA Transfers are instantly processed if your bank supports Instant SEPA payments. Create a free account with which you can buy, sell, send, receive, and store digital assets. Access your Bitvavo wallet from every location, both mobile and desktop.
Open a free account and try it out!
· Sell digital currency
· Deposited digital currency
· Withdraw digital currency
CEX LTD - Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchange, trusted by over a million users.
CEX.IO offers cross-platform trading via website, mobile app, WebSocket and REST API, providing access to high liquidity orderbook for top currency pairs on the market. Instant Bitcoin buying and selling is available via simplified bundle interface.
The exchange has developed a multi-level account system with individual approach to each customer, from Bitcoin beginners to institutional traders. Worldwide coverage, multiple payment options, and 24/7 support are accompanied by time-proven platform stability that guarantees safety of assets and data.
Protection against DDoS attacks, full data encryption, cryptocurrency cold storage, and compliance with PCI DSS standards to safeguard your funds
Multiple payment methods: Visa, Mastercard, bank transfer (SWIFT, SEPA, ACH, Faster Payments), cryptocurrency
Dedicated support via email, phone, and live chat around the clock to answer your questions at any time
Open a free account and try it out!
(source: CEX LTD)
Bitpanda Global Exchange is an advanced trading platform and digital asset exchange for experienced traders, professionals and institutions where you can trade popular digital assets like Bitcoin, Ethereum and more. Bitpanda is all about ease of use. We want to give everyone the best service according to their needs, skills and preferences. Open a free account and try it out!
Bitpanda Global Exchange provide a highly liquid marketplace for crypto-assets. Other digitised asset classes (i.e. precious metals) will follow and will be tradeable against EUR, BTC and BEST. The architecture of the Global Exchange is state-of-the-art, both in terms of coding and security standards.
The exchange offers professional trading solutions, price matching capabilities and fully automated clearing, settlement and netting processes. The Bitpanda Global Exchange enables traders to trade crypto assets and other digital assets at competitive costs. Additionally, the Bitpanda platform will be able to trade on the exchange within its own value chain and sustain liquidity.
To enable companies to acquire capital as well as to offer unique investment opportunities to Bitpanda users (e.g. investments in Real Estate) through an Initial Exchange Offering (IEO), Bitpanda will develop the Bitpanda Launchpad.
The Bitpanda Global Exchange offers professional trading solutions, price matching capabilities and fully automated clearing, settlement and netting processes.
Although beginners are also invited to take their trading to the next level, the Bitpanda Global Exchange is geared towards experienced traders who are familiar with the basic concepts of trading as well as professionals and institutions.
With 0.1% maker and taker fees, the Bitpanda Global Exchange offers some of the lowest fees in the industry, which can decrease even further depending on your 30-day trading volume.
In addition, you are able to get an additional discount of 25% when using BEST for paying trading fees.
The Bitpanda Global Exchange is fully responsive and adapts automatically to any screen size, so you can use it on any device, whether desktop, tablet or mobile.
Bittrex is one of the largest and most trusted cryptocurrency exchanges in the world, boasting a clean record in terms of hacks and a simple to navigate UI. Bittrex’s trading fees are average for the crypto ecosystem. They charge a 0.2% fee for both maker and taker orders. This is a little bit different than other exchanges which offer a slightly lower fee to market makers. Open a free account and try it out!
For institutional investors and professional traders Bittrex offers discounts for large orders.
The Bittrex verification process is fairly typical for a cryptocurrency exchange. Firstly you need to take a picture of yourself. As Bittrex is at pains to point out, this picture must be different than the one on your ID.
In terms of ID the user must upload a total scan of the document. Whether it’s a passport or a driver’s license the scan should include everything on the page or ID card. Also, for a driver’s license the user will need to upload both the front and the back of the ID card.
It’s important for all scans and pictures to be clear and not blurry. Users who submit blurry documents or pictures often get rejected and must start the verification process over.
Finally, Bittrex requires your date of birth in order to check it against your ID. Again, these are all typical requirements for a cryptocurrency exchange verification process. More information is available on Bittrex’s website.
There are thousands of different financial assets to trade on eToro, across several categories. Each asset class has its own characteristics and can be traded using a variety of investment strategies.
Growing incredibly in popularity in recent years, cryptocurrencies, such as Bitcoin and Ethereum, have become the go-to investment option for many traders. With an ever-growing selection of cryptocurrencies added to the platform, and a unique Crypto CopyFund, which offers exposure to the market and is managed by eToro’s investment committee, eToro presents many options for those who wish to trade and invest in the crypto market. Cryptocurrencies display extremely high volatility, and it is quite common to see double-digit percentage fluctuations within a single day. Bitcoin, which is the first and largest cryptocurrency, is considered to be the benchmark for this market, and other currencies charts’ often move in the same direction as Bitcoin.
Buying cryptocurrencies on eToro means you are investing in the underlying asset, and the crypto is purchased and held by eToro on your behalf. These trades are unleveraged. Buying and selling the underlying assets are unregulated and have no investor protection. However, We also offer cryptocurrency CFDs, with which you can open “sell” (short) positions. Open a free account and try it out!
Binance is an up and coming cryptocurrency exchange with a focus on crypto-to-crypto trading. The platform has started to gain popularity in the blockchain community thanks to its impressive coin offerings and insanely low trading fees. The underlying Binance platform has been deployed on 30+ exchanges already. It supports all devices and multiple languages, offering a seamless user experience. Open a free account and try it out!
Binance is a popular cryptocurrency exchange which was started in China but recently moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. While the company is still fairly new on the market ( it launched last year 2017 ), it has managed to gain a lot of popularity thanks to its impressive number of Initial Coin Offering listings, professional attitude and friendly CEO and also due to its low trading fees.
Those who visit Binance for the first time will quickly notice that the platform offers two options for digital currency trading- basic and advanced. Neither the basic, nor the advanced versions are bound to be easy to use for complete beginners. However, anyone with a background in digital currencies and with a bit of knowledge into how exchanges work should be able to use the platform and its different services.
The main difference between the basic and the advanced version is that the advanced one offers more-in-depth technical analysis of digital currency value over time. At this time, the dashboard for the basic version offers several graphs and charts for the pairs that you’re trading, order books, and trade history.
ICONOMI is a platform where you can buy and sell Cryptocurrencies and invest or create your own digital Portfolio with euros.
Use our ultra simple onboarding to get your first crypto. All your assets are safely stored with ICONOMI, so you don't need to worry about keys, wallets, or other technical stuff. You can pay with a credit card or make an EUR, BTC, or ETH deposit.
Open a free account and try it out!
Bitfinex offers the most liquid order book in the world, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and many other digital assets with minimal slippage. Bitfinex also boasts a suite of order types to help traders take advantage of every situation.
Bitfinex offers a suite of order types to give traders the tools they need for every scenario. Discover more about our most advanced Algorithmic orders types.
Partnering with Market Synergy, corporate accounts and professional traders can take advantage of the fastest trading speeds through institutional-grade connectivity and co-location services with direct access to our digital asset gateway.
Open a free account and try it out!
Skrill is an E-wallet that allows its customers to upload and transfer money both internationally and locally. This service is used worldwide for multiple purposes that include gambling, shopping, and sending money to family and friends, Skrill payments are extremely secure and fast.
Creating a Skrill account is free, and it will take you less than a minute to register your account and be eligible to send and receive money online.
Bitrue goes to extensive efforts to keep your assets safe and secure. Bitrue’s founding members come from a strong cybersecurity background, and the risk-control team proactively improves our automatic back-end security features every week.
The team running Bitrue consists of “senior management team from Capital One”, and the CEO is a profile within the cryptocurrency industry: Curis Wang.
Bitrue supports trading in a decent number of cryptos. You can trade all of the biggest ones here and even many of the smaller altcoins.
Apart from spot trading, Bitrue is also the first exchange that launched an “interest-earn program”, supporting over 10 cryptos and with annual percentage rate of up to 15%. Bitrue was also the first exchange to launch crypto-backed loan services.
Like most other exchanges, Bitrue also offers its trading platform as a mobile application. You can download it on App Store or to your Android without any effort at all. So, if you prefer to do your cryptocurrency trading on the go instead of at your desktop, don’t worry. Bitrue has got you covered.
Recommended Exchange for Trading XRP
Crypto dot com is an investment, trading and wallet app that encompasses a range of products that promote the adoption of digital coins on a wide scale. The main highlights that set the company apart from its competitors are the MCO Visa Cards and the Earn and Invest functions. Open a free account and try it out!
Using the MCO VISA card for every day purchases pays back 1-5% of the total amount spent in MCO tokens. For those eager to sign-up to the app, feel free to use the Crypto.com referral code 94scr46cgw to receive a $50 USD equivalent free sign-up bonus in MCO tokens. Additional benefits of holding a stake-required MCO Card include rebates on entertainment services such as Spotify, Netflix, Expedia, and Airbnb.
MCO Visa pre-paid card provided by the Crypto.com is helping the customers buying and spending cryptocurrencies more easily.
At the same time, buying stuff abroad with the use of credit or debit cards often entails high fees (going up to eight percent of the purchase amounts) charged by the financial organizations which offer no real benefits for the users. Instead of this, the MCO card has no annual fees and international purchases can be made with more favorable fees. Users can spend and withdraw the fiat currency equivalent of their crypto with the Visa approved merchants, both online and offline.
Uphold, makes it easy to buy and sell any major digital currency. You can invest, transfer or send/receive between many cryptocurrencies, 23 traditional currencies and 4 precious metals. Our digital money app is slick, easy, and secure. In the developing world, tens of thousands of consumers use Uphold to save and get paid in stable fiat value. Now Uphold members can spend their Uphold funds anywhere Mastercard® is accepted. With the Uphold Virtual Mastercard, members can instantly issue a prepaid virtual card available for immediate use anywhere Mastercard® is accepted.
THE RISE AND FALL OF THE ECONOMY
This video explained in less the 3 minutes the fall of the old financial system and the Rise of the Digital Asset Class.
DIGITAL ASSET CLASS
Another way to secure your Crypto asset is with hardware wallet Ledger. The Ledger is built around a secure chip, ensuring optimal security. It is protected within a secure chip locked by PIN code, the same type of chip used for passports and credit cards. The Ledger supports over 1100 cryptocurrencies, allowing you to manage multi assets with the same hardware wallet.
eFIN ALLOWS USER THE STORE THEIR CRYPTO ASSET INTO THEIR OWN WALLET. eFIN IS THE WORLD'S FIRST CROSS-CHAIN DEX DESIGNED FOR EASY-OF-USE. iT ENABLES A SECURE INSTAN TRADING WITHOUR USIN CENTRALIZED 3rd PARTIES
Blockchain technology continues to redefine not only how the exchange sector operates, but the global financial economy as a whole."
Bob Greifeld, CEO of Nasdaq-OMX Stock Market, Inc.
"Bitcoin is exciting because it shows how cheap financial transactions can be."
"Every now and then, something comes along that might just change everything.
And this is one of those moments."
ASX chief executive Elmer Funke Kupper