Cryptocurrency platforms Qatar 2021
Today, the Internet offers unlimited opportunities to work with digital currencies. You can make a fortune with it, just like on the stock exchange, making a profit thanks to fluctuations in value. In this sense, exchanging cryptocurrencies is more promising because the volatility here is higher than in securities or commodities.
In the stock market, for example, an investor made a profit because the price of a stock rose by 9%. In the cryptocurrency market, he can earn a lot more, because the digital currency can increase by 30% each day. To make profitable transactions with cryptocurrencies, you obviously need to have the necessary knowledge and experience.
Some traders trade simultaneously on several exchanges and make money not only from price fluctuations within a single exchange, but also from their differences on individual exchanges.
Cryptocurrency exchanges can be used not only for trading, but also for buying coins for investment purposes. Compared to traders, investors are rather passive.
They regularly buy foreign exchange on the exchanges for their investment portfolio, watch the development of the exchange rates, but are in no hurry to sell immediately at the smallest price increase, because they expect 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, Binance offers the opportunity to make money with cryptocurrencies in other ways: Stacking, Crediting, IEO, Futures trading. Therefore, in trader reviews, you can often read that it is one of the best cryptocurrency exchanges.
Everything in the Silo interface is simple, convenient and as intuitive as possible. For beginners who have never traded on the stock market, it only takes a few minutes to understand the most important aspects. If you intend to "sit" on the stock exchange for hours and make many trades, you should study all the intricacies better.
Bitcoin (BTC / USDT) has the highest trading volume on Binance, followed by Ethereum (ETH / USDT). The site also has its own BNB token, which allows you to reduce commission costs and receive other benefits.
The stock market has many advantages. Good reputation, large number of active users, and liquidity. This is a guarantee that transactions of the desired size can always be carried out quickly. Moderate fees and the possibility to reduce them further with NBB tokens. This possibility is especially important for those who increase their trading volume every day. High level of security, which is repeatedly confirmed in 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 among the top 30 trading platforms in terms of trading volume and number of trades. Multi-level security system, nice user interface, many currency pairs and the possibility to work with fiat money - this is what traders get.
Bittrex offers the possibility 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 quite impossible to go incognito here, as the platform requires detailed verification of personal data.
Originally, the Bittrex platform was an exchange service for various currencies, but now it is one of the largest cryptocurrency projects where you can trade almost every known digital currency in the world.
Many people are wary of where they store their digital currencies, and this is undoubtedly true. Millions of dollars have been stolen from exchange platforms in recent years, leading to constant anxiety among users who store their funds on cryptocurrency exchanges. Fortunately, Bittrex has some of the tightest security you'll find, not to mention 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 cryptocurrencies, transfer and convert money. Coinbase is an easy and intuitive platform for beginners. Today it holds a dominant position on the market and is actively growing. The site operates legally: there are broker licenses in all regions where it is present.
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 out there. Here, two-factor authentication is enabled by default. In the "Security" section, you will find several protection options. The creators of "Coinbase" have spared no cost and effort to create a truly convenient, functional and secure exchange with payments. Despite the 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 grown well over the years and has been considered one of the most reliable instruments for trading digital assets. In recent years, the company has acquired a number of small projects that offer exchange services. This has greatly increased the company's influence and the popularity of the website in European countries.
The Kraken exchange was officially launched in July 2011. Kraken's founder and CEO is Jesse Powell. The company, which was first listed on the Bloomberg trading terminal, is based in San Francisco.
The exchange has earned an excellent reputation in Western countries for always trying to comply with the law. To date, it has not been involved in any serious scandals. Moreover, the platform even functioned in years when competitors shut down one by one after hacker attacks.
The functionality of the platform is very good and there is also an API. Both public download and commercial versions are supported. The platform interface has been translated into 10 languages, including Chinese and two versions of English. You can also trade with your 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 was founded in 2014, its name consists of three words: Bitcoin + Mercantile + Exchange. It is officially registered in the Seychelles and has its headquarters in Hong Kong.
BitMex offers the highest market liquidity of any exchange. Extremely low costs and minimal deposit requirements. Ability to register within 30 seconds. BitMex is a peer-to-peer platform for the most popular cryptocurrencies. It has no counterparts among other cryptocurrency exchanges, as it offers profits not only in bull markets, but also in bear markets, and allows the use of huge leverage and open contracts.
In addition, the site features a wide range of professional technical analysis tools, a customizable API, and a high level of anonymity (no mandatory verification), so it 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 is one of the largest exchanges in terms of daily trading volume and one of the best known platforms operating today.
The exchange is aimed at intermediate and advanced traders as well as institutions. It offers a wide selection of currencies, trading pairs and various options. Bitfinex aims to become a first-class destination for experienced cryptocurrency traders from around the world.
The exchange also allows you to fund your account with fiat currencies and offers a variety of cryptocurrencies.
Bitfinex offers a robust, feature-rich and customizable platform interface that is very modern and well-designed, but generally suitable for advanced users. The main dashboard offers users a number of tabs and different options, as well as a wide range of advanced chart analysis tools. The platform also offers a mobile app, which 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 and selling cryptocurrencies. It has the largest volume of popular exchanges, which can be exchanged for change. The site is constantly growing - the daily trading volume of funds is almost a billion dollars. The leading position occupied by the Poloniex exchange is mainly due to the convenience of traders. A large number of currencies and pairs allows you to quickly create a portfolio of your choice and start trading.
Poloniex reviews, of which you will find many online, indicate that the exchange is easy to use and offers all the necessary analytical and trading tools.
Simple exchange of funds and margin trading with leverage is also possible. Members can borrow and lend with interest from other members:
- 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 for offline fiat money, online electronic money and some altcoins. It is considered a reliable platform for direct and decentralized exchange between trading parties. This allows you to buy bitcoin quickly and by various convenient methods.
Localbitcoins is not like other exchanges. No central exchange rate is used on this platform. Sellers and buyers decide for themselves at what price they want to sell or buy bitcoin and choose the exchange methods.
The exchange with Localbitcoins can be done online or in person at the seller's premises. The second option can be dangerous, as the platform in this case has no control over the course of the transaction. Therefore, buying digital currency offline is not always the most profitable option.
With citizens from over 200 countries using the exchange, it is one of the largest exchanges for buying cryptocurrencies with fiat money:
- 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 creating the new trading platform was first-class, with which KuCoin's creators are on equal footing. The exchange has its own KuCoin Share token (KCS).
The site has the reputation of being one of the most successful and is very customer focused.
KuCoin's main mission is to be a perfect exchange, free from all regulatory bodies. For this reason, the exchange does not trade fiat, futures, and other trading instruments that require mandatory verification and compliance with international standards. Only cryptocurrencies are traded here. On the site you will find the main cryptocurrencies as well as young projects.
The interface of the trading terminal was developed with all the needs of professional traders in mind. Here you can see a graph of price changes and market depth for different time periods for the selected currency with the possibility to adjust it via TradingView, read the latest news about the exchange, see the available balance for the selected currency pair and view statistics for the last completed 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). Today it is a popular trading platform and wallet for both experienced cryptocurrency users and newbies. Here you can store and trade over thirty digital assets.
Bitpanda focuses on two things - security and ease of use. The application is organized in an intuitive user interface. The user only needs to follow a minimum number of steps to perform operations.
The company offers a range of products that allow people to buy and store digital assets, pay for goods and services, trade precious metals, and exchange digital assets. Bitpanda, which is regulated and supervised by the Vienna Financial Supervisory Authority, has more than a million customers from around the world. The company also employs more than 130 people.
BitPanda is an exchange that specializes in buying and selling Bitcoin and other Altcoins in the Eurozone.
There is no question about the credibility of the site - all the necessary licenses and security 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. The site allows you to buy BTC using over 300 payment methods. Essentially, it is a 2p2 platform. This means that the site itself does not trade, but only provides its services so that sellers and buyers can find each other. As such, Paxful offers you a free cryptocurrency wallet that is password protected and 2FA. The developers have made it clear that we are dealing with a convenient and affordable platform that is as open as possible for our customers.
The exchange was founded in the United States in 2015. Ambitious developers Arthur Shabak and Ray Yousef decided to create a peer-to-peer marketplace that allows sellers and buyers to interact 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.
Above all, Paxful impresses with its simplicity and convenience. You can pay with gold coins using fiat currency, bank cards, electronic money, and even gift certificates. No other cryptocurrency exchange in the world offers such possibilities.
Bitcoin exchange company Coinmama is based in Israel. The platform was launched in 2013 and, according to its website, offers the possibility to buy cryptocurrencies quickly and securely from anywhere in the world. In fact, it works in almost every country in the world.
Coinmama appeared on the market in 2013. From the very beginning, the uniqueness of the company lay in its ability to buy cryptocurrencies using 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 this 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 operating successfully since 2013. The site was developed by developers from Israel and Estonia under the leadership of Hong Kong-based Hit Techs Ltd. HitBit gained its popularity due to its minimal work requirements and flexible trading functionality.
A wide range of active trading pairs and no restrictions on the amount of deposits and withdrawals increase the profitability of trading activities. Users can be sure of the security of their accounts - during its existence the exchange has never suffered any attacks or intrusions.
The HitBTC cryptocurrency exchange invites traders to use all effective tools to analyze the market and increase trading profitability. Multiple order types with stop functions reduce potential losses and reduce slippage, while flexible and customizable charts help you accurately assess the market situation and trends in currency fluctuations. A significant volume of trading and a large number of active traders create the most objective and profitable market price for each currency pair. Participation in ICO campaigns opens up new opportunities for you to earn money in 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 and foremost, reliability is important to you. If there are at least some concerns about a particular cryptocurrency exchange (based on reviews or something other than intuition, of course), it is best to avoid it by far. Read more about the exchange on the official website and use a demo account if possible.