Best trading platforms Qatar 2021
Today, the Internet offers unlimited opportunities to work with digital currencies, you can make a fortune with it in the same way as with stock exchanges, making a profit from fluctuations in value. In this sense, crypto trading is more promising, because the volatility here is higher than that of bonds or commodities.
On the stock market, for example, a trader made a profit thanks to a 9% rise in the stock price. On the virtual currency market, he can earn much more, as digital currencies can grow by 30% per day. In order to make profitable trades with cryptocurrencies, one must of course have the necessary knowledge and experience.
Some traders trade on several exchanges at the same time and profit not only from price fluctuations within an exchange, but also from their differences on the individual exchanges.
Cryptocurrency exchanges can be used not only to trade, but also to buy currency for investment purposes. Compared to traders, investors are more passive.
They regularly buy currencies on the exchanges for their investment portfolios, monitor changes in the exchange rates, but are in no hurry to sell immediately at the slightest price increase, and count on a significant price increase in the future.
Binance is one of the first among all platforms, both in terms of actual trading volume and number of active users. Besides trading, it gives the opportunity to earn crypto in other ways - stacking, lending, IEO, futures trading. Therefore, you can often read in trader reviews that it is one of the best cryptocurrency exchanges.
Everything about Binance's interface is simple, convenient and as intuitive as possible. For beginners who have never traded on the exchange, a few minutes will be enough to understand the most essential aspects. If you plan to "hang out" on the exchange for hours and make many transactions, you will need to study more closely all the subtleties of it.
Bitcoin (BTC / USDT) has the highest trading volume on Binance, followed by Ethereum (ETH / USDT). The site also has its own BNB token, which can be used to reduce the cost of commissions and get other benefits.
There are many advantages to trading. Good reputation, large number of active users and liquidity. This is a guarantee that you can quickly complete a transaction with the required volume at any time. Moderate fees and the possibility of reducing them further by using BNB tokens. This possibility is particularly relevant for those who increase their trading volumes on a daily basis. High degree of security, repeatedly confirmed by practice. Etc:
- 700+ different pairs, including own token BNB.
- Binance offers competitive commissions: 0.1% on each side of the trade, or 0.075% if you are using your Binance tokens (BNB).
- Trust Wallet mobile application.
- Bank transfer, debit/credit cards, various P2P payment channels.
- The exchange launched CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and regulatory compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized data exchange environment.
- A free app is available in Google Play Store or the App Store.
The Bittrex exchange is one of the 30 largest trading platforms in terms of turnover of funds and volume of executed transactions. A multi-level security system, a nice interface, many currency pairs, and the possibility of working with fiat money - this is what investors get.
Bittrex offers the ability to work with hundreds of asset pairs, and also offers reliable storage of funds - almost all digital assets are in cold storage. Security is high, but it is unlikely that one can remain incognito here, as the platform requires detailed verification of personal data.
Initially the Bittrex platform functioned as an exchange service for various currencies, but now it is one of the largest crypto projects where you can trade almost all of the world's known digital currencies.
Many people are wary of where they store their digital currencies, and that is undoubtedly correct. Millions of dollars have been stolen from exchange platforms in recent years, leaving users who store their money on crypto exchanges in a constant state of worry. Fortunately, Bittrex has one of the strictest security measures you'll find, let alone two-factor authentication:
- 250+ pairs are available.
- Topping up your euro account is available via SEPA credit transfer, international bank transfer, bank card. Fiat funds withdrawal is possible to a bank account using an international bank transfer, and for euros, a SEPA credit transfer is supported. The withdrawal commission depends on the chosen currency: in bitcoin, it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a fixed fee of 0.25% of the total value of the order.
- No crypto wallet.
- Bank transfers, credit/debit cards.
- Two-factor authentication (2FA), IP check, which requires an email confirmation of entry from a new IP-address, IP whitelists, Cold storage for 80%-90% assets.
- There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.
Coinbase offers customers the opportunity to buy/sell, transfer and convert cryptocurrencies. Coinbase is a simple and intuitive platform for beginners. Today, it has a dominant position on the market and is actively developing. The site operates in the legal field: there are brokerage licenses in all regions of presence.
The company was founded in the United States in 2012. The founders of the exchange have set one goal: to create a financial system that is secure and open to the entire world.
Coinbase is one of the most secure platforms in the world. By default, two-factor authentication is allowed here. In the "Security" section, there are several protection options. The creators of "Coinbase" have spared no expense to create a truly convenient, functional and secure exchange with withdrawals. Despite its shortcomings, most reviews of the exchange are positive:
- 20+ types of coins.
- The rates charged for all operations under $200 are as follows: $0.99 - $2.99 - for operations from $0 to $200; for over $200, a fixed interest rate comes into play. Its size depends on the payment method.
- You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems. SEPA transfers are available for EU residents.
- Two-factor authentication. All website traffic is encrypted using the SSL cryptographic protocol.
- All wallets keys are protected by AES-256 encryption. Only 2% of her clients' funds are stored online, and they are insured in case of loss.
- Android and iOS app.
- Free mobile and online wallet. The advantage of this wallet is that transactions can be made off-blockchain.
Kraken is a very popular exchange, known by both experienced traders and newcomers to the field. Kraken has performed well over the years and is considered one of the most reliable tools for trading digital assets. In recent years, the company has acquired some small projects that provide exchange services. This has significantly increased the company's influence and the popularity of the site in European countries.
The official launch of the Kraken exchange took place in July 2011. Kraken's founder and CEO is Jesse Powell. The company, which was first listed on the Bloomberg trading platform, has its headquarters in San Francisco.
In Western countries, the stock market has earned an excellent reputation for always trying to comply with the laws. So far, it has not been involved in any serious scandals. Moreover, the platform has continued to function in those years when competitors closed their doors one by one after suffering hacker attacks.
The functionality of the platform is very good, there is also an API. Versions are supported for both public information and trading. The platform interface is translated into 10 languages, including Chinese and two English versions. You can also trade from a smartphone on Android and iOS through a dedicated app:
- 8 tokens are available.
- Transactions under 50,000 units of a particular currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer. For sums over 50,000 units, commissions are reduced to 0.14% and 0.24% respectively.
- No crypto wallet is offered on the site.
- Crypto wallets and money transfers via bank transfer. Deposit/withdrawal via bank cards is not available.
- The exchange offers users two-factor authentication, PGP encryption, and global settings lock, which prevents any account changes within a certain period of time.
- Kraken Pro and Kraken Futures applications.
BitMex Exchange appeared in 2014, its name comes from three words: Bitcoin + Mercantile + Exchange. It is officially registered in the Seychelles and is based in Hong Kong.
BitMex offers the highest market liquidity of any exchange. Ultra low fees and minimal deposit requirements. Ability to register in 30 seconds. BitMex is a peer-to-peer platform for the most popular cryptocurrencies. It has no analogues among other cryptocurrency exchanges, because it offers profits not only in rising but also falling markets, allows you to use huge leverage and perpetual contracts.
In addition, this site is distinguished by a large selection of professional tools for technical analysis, the possibility to customize the API, considerable anonymity (no mandatory verification) and therefore attracts traders from all over the world:
- 50+ pairs for working.
- BitMEX does not charge any fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; commissions for takers are 0.075% of the total order value, while makers are paid an additional 0.025% for each trade.
- Crypto BitMEX wallet.
- Beyond virtual currencies, BitMEX does not accept any other deposits.
- Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature wallets for transactions; Email communications are encrypted using PGP encryption.
- BitMEX Mobile launched in September 2020.
Bitfinex has always been among the largest exchanges in terms of daily trading volume, and is one of the best-known platforms in operation today.
The exchange is aimed at intermediate and advanced traders as well as institutions. It offers a wide variety of currencies, trading pairs, and various options. Bitfinex aims to be an excellent destination for experienced cryptocurrency traders worldwide.
The exchange also allows you to fund your account with fiat currency and offers a variety of cryptocurrencies.
Bitfinex offers a robust, feature-rich and customizable platform interface that is reasonably modern and well designed, but generally suitable for more advanced users. The main dashboard offers the user a number of tabs and various options, as well as a wide range of advanced chart analysis tools. The platform also offers a mobile app that is available for both Android and iOS users:
- Over 140 coins and 280+ pairs.
- No additional payments for deposits and withdrawals in digital coins. When you deposit USD, you will have to pay a commission of 0.1%, but not less than $20;Minimum fee for withdrawing fiat money is $60; With the minimum currency turnover per month, the fee is 0.1% for the maker and 0.2% for the taker.
- Users are offered three wallets to choose from - Exchange Wallet, Margin Wallet, and Financing Wallet.
- In addition to digital currencies, bank transfers and card withdrawals are available to users.
- Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are kept in cold wallets out of the reach of hackers. For these wallets to become available, manual authorization of several members of the management team is required.
The Poloniex exchange is one of the world's largest platforms for buying/selling cryptocurrencies. It has the largest volume of popular exchanges that can be exchanged for change. The site is constantly evolving - the daily volume of funds is close to a billion dollars. The leading positions of the Poloniex exchange are largely due to its concern for the convenience of traders. Thanks to a large number of currencies and pairs, you can quickly build a portfolio of your choice and start trading.
Poloniex reviews, which can be found in abundance on the net, indicate that the exchange is easy to use and offers all the necessary analysis and trading tools.
A simple exchange of funds and a leveraged margin trade is also possible. Members can write and accept loans with interest from other users:
- 100+ currency pairs.
- All deposits are allowed without any additional charges; The withdrawal fee is fixed, and it depends on the type of the currency; commissions are from 0 to 0.25%. Maker commission is from 0% to 0.15%; taker commission is from 0.1% to 0.25%. The higher is the volume of completed transactions in one month, the lower is the commission for all subsequently completed transactions.
- Own Wallet.
- Replenishment of an account with a bank card or withdrawal to a card are not available for users of some countries.
- The administration highly recommends adding two-factor authentication to your account.
- Mobile application.
LocalBitcoins is a P2P exchange for buying bitcoin with offline fiat money, online e-money and some altcoins. It is considered a reliable platform for direct and decentralized exchange between parties to a transaction. You can quickly buy bitcoin with it through various convenient methods.
Localbitcoins is not like other exchanges. No centralized exchange rate is used on this platform. Sellers and buyers decide at what price to sell or buy Bitcoin, and choose the exchange methods themselves.
Exchange transactions with Localbitcoins can be done either over the Internet or in person with the seller. The second option can prove unsafe, as in this case the platform does not monitor the progress of the transaction. Therefore, buying digital currency offline is not always the most profitable option.
With citizens from over 200 countries working on the exchange, it is one of the largest cryptocurrency exchanges for buying cryptocurrency for fiat currency:
- The service does not charge a commission from the buyer. For sellers, there is a set commission of 1% on each sale.
- Bank transfers, banking cards, electronic systems.
- The security of the transaction is ensured by the escrow method, which has proven to be highly effective; User accounts are protected by two-factor authentication.
KuCoin is a relatively young representative of the cryptocurrency market: the exchange started operating in 2017. The model for the creation of a new trading platform was the first-class exchange - Binance, to which the creators of KuCoin are equal. The exchange has its own KuCoin Share (KCS) symbol.
This site has the reputation of being one of the most successful and is very customer oriented.
KuCoin's main mission is to be a perfect exchange, free from any regulatory body. Therefore, fiat exchanges, futures contracts and other trading instruments that require mandatory verification and compliance with international standards are not introduced on the exchange. Only cryptocurrencies are traded here. You will find both major cryptocurrencies and young projects on the site.
The interface of the trading terminal was designed with all the needs of professional traders in mind. Here you can see a graph of price changes and market depth for different periods for the chosen currency, with the ability to tune TradingView, read the latest news about the stock market, see the available balance in the context of the chosen currency pair, and view statistics of the last executed trades:
- 200+ coins and 450+ trading pairs.
- All deposits are free on the site, and there is a fixed fee for withdrawals; KuCoin offers a flat commission of 0.10%, which is less than the industry average.
- Inner site crypto wallet.
- A variety of payment methods supported by P2P fiat services.
- The exchange offers you the option to set up two-factor authentication by Google Authenticator.
- Mobile application.
Bitpanda was founded in 2014 and is based in Austria (Vienna). It is now a popular trading platform and wallet for both experienced cryptocurrency users and beginners. It allows you to store and trade over thirty digital assets.
Bitpanda focuses on two things - security and ease of use. The application is organized in an intuitive interface, a minimal number of actions are required from the user to perform operations.
The company offers a range of products that allow people to buy and store digital goods, pay for goods and services, trade precious metals, and exchange digital goods. Bitpanda, which is regulated and supervised by the financial regulator in Vienna, has more than a million customers from around the world. It also has more than 130 employees.
BitPanda is an exchange that specializes in buying and selling bitcoins and other altcoins in the euro zone.
There is no doubt about the reliability of the site - all the necessary licenses and safety measures are in place:
- Bitcoin, Ethereum and 30+ digital assets.
- The trading commission of the service depends on the type of currency and the nature of the transaction. When buying bitcoins, you pay 1.49%, when selling - 1.29%.
- Commission for replenishment and withdrawal is fixed for each coin and is debited from the account.
- Bitpanda crypto wallet.
- You can make a deposit either by bank transfer, credit cards or electronic payment systems.
- Bitpanda refers to systems that independently manage user wallet keys. Besides, the following security measures are offered: fund cold storage session control. Every login attempt from a new device requires two-factor authentication confirmation, authentication and validation via email.
Paxful is a decentralized online Bitcoin exchange. On the site, you can buy BTC with over 300 payment methods. Basically, it is a 2p2 platform. This means that the site does not trade anything itself, it just provides its services so that the seller and buyer can find each other. That said, Paxful gives you a free, password-protected 2FA cryptocurrency wallet. The creators of the project have made it clear that we are dealing with a convenient and accessible platform that is as open as possible for our customers.
The exchange was founded in the United States in 2015. Ambitious creators Arthur Shabak and Ray Yousef decided to create a peer-to-peer marketplace where sellers and buyers could contact each other directly. Paxful acts as an intermediary (broker) and provides a platform for interaction:
- Bitcoin and Tether as assets.
- Commissions are applied for crypto selling:0.5% for bank transfers; 1% for bank cards and e-payments; 3-5% for gift cards; No commission is charged for buying cybercurrencies; Paxful will charge a transfer fee for sending funds to an external wallet. $ 0 - $ 9.99 = 0.0001 BTC$ 10 - $ 19.99 = 0.0002 BTC;More than $ 20 = 0.0005 BTC.
- The Paxful Wallet App makes it easy to store and manage coins with your mobile wallet.
- More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards.
- The security of the system is ensured by two-factor authentication, depositing and the obligatory verification procedure when working with large amounts.
- Paxful Wallet for Android and iOS.
First of all, Paxful appeals for its simplicity and convenience. You can pay with gold coins, bank cards, electronic money, and even gift cards. No other cryptocurrency exchange in the world has such capabilities.
Coinmama Bitcoin Exchangeer is based in Israel. The platform was first launched in 2013, and its website claims that it offers the ability to buy cryptocurrency quickly and securely from anywhere in the world. In fact, it works in almost every country in the world.
Coinmama entered the market in 2013. From the very beginning, the unique feature of the company was the ability to buy cryptocurrency with a credit/debit card. Coinmama was the first to offer this option, which attracted many interested buyers and thus quickly became one of the most popular exchanges in the segment.
Coinmama is a good choice for anyone who wants to buy Bitcoin or Ether quickly and securely via bank transfer or credit card. The site does not store the purchased cryptocurrency in internal wallets, but immediately transfers the coins to your personal wallet, which is very good and makes you independent of sudden problems:
- The website sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS.
- The use of credit or debit cards implies a service charge of 5%. Besides, the charges 3.90% for buying coins and 0.9% for selling these.
- No Wallet.
- Credit/debit cards and bank transfers; It supports SEPA and SWIFT payments.
- Coinmama is a reputable company with a secure site using Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information.
- Mobile app.
HitBTC is a cryptocurrency exchange that has been running successfully since 2013. The site was created by developers from Israel and Estonia under the direction of Hong Kong-based Hit Techs Ltd. HitBit's popularity has grown thanks to its minimal work requirements and flexible trading functionality.
A large choice of active trading pairs and the absence of restrictions on the amount of deposits and withdrawals increase the profitability indicator of trading activities. Users can be sure of the security of their accounts - during its existence, the exchange has never suffered from attacks and piracy.
The HitBTC cryptocurrency exchange invites traders to use all effective tools to analyze the market and increase the profitability of trading. Different types of orders with stop functions reduce potential losses and reduce slippage, while flexible and customizable charts help accurately assess the market situation and trends in exchange rate fluctuations. A significant trading volume and a large number of active traders provide the most objective and profitable market price for each currency pair. Participation in ICO campaigns opens up new ways to earn money with promising projects and cryptocurrencies:
- 800 currency pairs.
- No commissions for deposits and a fixed commission for withdrawals depending on the coin; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be.
- No crypto wallet.
- The HitBTC exchange can be replenished exclusively with digital currency.
- The platform provides 2-factor authentication, high-end encryption technology and cold storage of funds.
- No application.
First of all, reliability is important to you. If there are at least some reservations about a particular cryptocurrency exchange (obviously based on reviews or anything other than intuition), it is best to bypass them. Read more about the exchange on its official website and, if possible, use a demo account.