Platform to buy cryptocurrencies Qatar 2021

Today, the Internet offers unlimited opportunities to work with digital currency; you can make a fortune on it in the same way as on stock exchanges, making a profit through fluctuations in value. In this sense, cryptocurrency exchanges are more promising because they are more volatile than stocks or commodities.

For example, in the stock market, an investor made a profit from a 9% increase in the stock price. In the virtual currency market, he can earn much more, because the digital currency can increase by 30% per day. Of course, to profitably trade cryptocurrencies, you need to have the necessary knowledge and experience.

Some traders trade simultaneously on several exchanges, taking advantage not only of fluctuations in one exchange, but also of their differences on different exchanges.

Cryptocurrency exchanges can be used not only for trading, but also for buying currencies for investment purposes. Compared to traders, investors are more passive.

They regularly buy currencies on the stock market for their investment portfolios, monitor exchange rates, but do not rush to sell immediately at the slightest increase in their exchange rate, expecting a significant increase in the future.

Binance

Binance is one of the best platforms, both in terms of actual trading volume and number of active users. It has rich functionality and a good level of security. In addition to trading, it gives you the opportunity to earn cryptocurrencies in other ways - stacking, lending, IEO, futures trading. Therefore, in traders' reviews you can often read that it is one of the best cryptocurrency exchanges.

Everything about the Binance 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 essential aspects. If you intend to hang around the stock market for hours, making many trades, then you need to study all its intricacies more thoroughly.

Bitcoin (BTC/USDT) has the highest transaction volume on Binance, followed closely by Ethereum (ETH/USDT). The site also has its own NBB token, which can be used to reduce fees and gain other benefits.

The stock market has many advantages. Good reputation, a large number of active users and liquidity. It is a guarantee that at any time you can quickly make a transaction of the required size. Moderate commissions and the possibility to reduce them further by using NBB tokens. This possibility is especially important for those who increase their trading volume every day. High level 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.

Bittrex

The Bittrex exchange is one of the 30 largest trading platforms in terms of funds and transaction volume. A multi-layered security system, a user-friendly interface, numerous currency pairs and the ability to work with fiat money - this is what traders get.

Bittrex offers the possibility to work with hundreds of asset pairs, and also provides reliable storage of funds - almost all digital assets are in cold storage. Security is high, but it is rather impossible to stay incognito here, as the platform requires detailed verification of personal information.

Originally, the Bittrex platform operated as a multi-currency exchange service, but today it is one of the largest cryptocurrency projects where you can trade almost all known digital currencies of the world.

Many people are concerned about where they are storing their digital currencies, and this is obviously right. Millions of dollars have been stolen from exchange platforms over the past few years, causing constant anxiety among users who store their funds on cryptocurrency exchanges. Fortunately, Bittrex has one of the most robust security measures, 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

Coinbase offers customers the ability to buy/sell cryptocurrencies, transfer and convert funds. Coinbase is a platform for beginners, simple and intuitive to use. It currently holds a dominant position in the market and is actively growing. The site operates in the legal sphere: broker licenses exist in all regions of presence.

The company was founded in 2012 in the United States. The founders of the exchange set a goal: to create a safe and open financial system for everyone.

Coinbase is one of the most secure platforms available. Here, two-factor authentication is enabled by default. There are several protection options in the "Security" section. Coinbase developers have spared no expense or time to create a truly convenient, functional, and secure payout exchange. 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

Kraken is a popular exchange, known to both experienced traders and newcomers to the industry. Kraken has performed well over the years and has been recognized as one of the most reliable tools for trading digital assets. In recent years, the company has acquired several small projects providing trading services. This has greatly increased the company's influence and popularity in European countries.

Kraken Exchange was officially launched in July 2011. The founder and CEO of Kraken is Jesse Powell. The post Kraken first appeared on Bloomberg Trading Terminal is based in San Francisco.

The stock exchange has gained an excellent reputation in western countries because it always tries to follow the law. So far, it has not been involved in any major scandals. Moreover, the platform has worked for years when its competitors were shut down one by one due to hacker attacks.

The functionality of the platform is very good and there is also an API. Both public information and commercial versions are supported. The platform interface has been translated into 10 languages, including Chinese and two versions of English. It can also be controlled from a smartphone on Android and iOS through a special application:

  • 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

BitMex exchange appeared in 2014, its name comes from the three words Bitcoin + Merchant + Exchange. It is officially registered in the Seychelles and is headquartered in Hong Kong.

BitMex offers the highest market liquidity of any exchange. Extremely low costs and minimal deposit requirements. Sign up in 30 seconds. BitMex is a peer-to-peer platform for the most popular cryptocurrencies. It is unparalleled among other cryptocurrency exchanges as it offers profits not only on the rise but also on the fall of the market, allows huge leverage and perpetual contracts.

In addition, this site is distinguished by a wide selection of professional technical analysis tools, customizable API, high anonymity (no verification required), 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

Bitfinex consistently ranks among the largest exchanges in terms of daily trading volume and is one of the most popular platforms in operation today.

The exchange is aimed at intermediate and advanced traders as well as institutions. It offers a wide range of currencies, trading pairs and various options. Bitfinex aims to be a destination for experienced cryptocurrency traders from around the world.

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. It is fairly modern and well-designed, but is generally suitable for more advanced users. The main control panel offers users a number of tabs and various options, as well as a wide range of advanced charting tools. The platform also offers a mobile app available for 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.

Poloniex 

The Poloniex exchange is one of the world's largest cryptocurrency buying/selling platforms. It has the highest turnover of popular altcoins, which can be exchanged for bitcoins. The site is constantly growing: the daily turnover of funds is almost $1 billion. The leading positions of the Poloniex exchange are largely due to concern for 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 can find plenty on the web, indicate that the exchange is easy to use and provides all the necessary analytical and trading tools.

Simple exchange of funds and leveraged margin transactions are also possible. Members can make and take interest-bearing loans to 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

LocalBitcoins is a P2P exchange for buying bitcoin for offline fiat money, online e-money and some altcoins. It is considered as a reliable platform for direct and decentralized exchange between trading parties. It allows you to buy bitcoins quickly through various convenient methods.

Localbitcoins is not like other exchanges. This platform does not use a centralized exchange rate. Sellers and buyers themselves decide the price at which they want to buy or sell bitcoins and choose the exchange methods.

Exchange transactions with Localbitcoins can be carried out online or in person at the merchant. The second option may not be very safe, because in this case the platform does not control the transaction process. Therefore, buying digital currency offline is not always the most viable option.

With citizens from over 200 countries working with the exchange, it is one of the largest exchanges to buy 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

KuCoin is a relatively young representative of the cryptocurrency market: the exchange began operations in 2017. The model for creating a new exchange platform was a premium exchange - Binance, with which the creators of KuCoin are equal. The exchange has its own token KuCoin Share (KCS).

This site has a reputation for being one of the most effective and customer-focused.

The main mission of KuCoin is to be a perfect exchange, free from any regulators. Therefore, fiat currencies, futures and other trading instruments that require mandatory verification and compliance with international standards are not introduced on the exchange. Only cryptocurrencies are traded here. On the site you will find both leading cryptocurrencies and young projects.

The interface of the trading terminal was designed with all the needs of professional traders in mind. Here you can view a chart of price development and market depth for different periods for the selected currency with the possibility to fine-tune it with TradingView, read the latest stock market news, view the available balance in the context of the selected currency pair and view the statistics of recently concluded transactions:

  • 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

Bitpanda was founded in 2014 and is based in Austria (Vienna). It is now a popular exchange platform and wallet for both experienced cryptocurrency users and novices. It allows you to store and exchange over thirty digital assets.

Bitpanda focuses on two things: security and ease of use. The application is organized in an intuitive interface, requiring a minimum number of steps for the user to perform operations.

The company offers a range of products that allow individuals to purchase and store digital assets, pay for goods and services, trade precious metals and exchange digital assets. Bitpanda, which is regulated and supervised by the financial regulator in Vienna, has more than one million customers worldwide. It also has more than 130 employees.

BitPanda is an exchange specializing in buying and selling bitcoin and other altcoins in the Eurozone.

There is no doubt about the credibility of the site: all 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

Paxful is a decentralized online bitcoin exchange. The site allows you to purchase BTC using over 300 payment methods. Essentially, it is a 2p2 platform. This means that the site itself does not exchange anything, it just provides its services so that sellers and buyers can meet. Paxful offers you a free, password protected, 2FA cryptocurrency wallet. The developers have made it clear that they are all about a convenient and accessible platform that is as open as possible for customers.

The exchange was founded in 2015 in the United States. Ambitious developers Arthur Shabak and Ray Yousef set out to create a peer-to-peer marketplace that would allow sellers and buyers to connect directly. Paxful acts as a broker, providing 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 appeals with its simplicity and convenience. You can pay with bitcoins using fiat money, bank cards, electronic money, and even gift certificates. No other cryptocurrency exchange in the world has such capabilities.

Coinmama

Bitcoin exchange Coinmama is based in Israel. The platform was first launched in 2013, and its website states that it offers the ability to buy cryptocurrencies 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 company's uniqueness lay in its ability to purchase 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 option for anyone who wants to buy bitcoins or ethers quickly and safely by 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 from 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

HitBTC is a cryptocurrency exchange that has been successfully operating since 2013. The site was developed by developers from Israel and Estonia under the leadership of Hit Techs Ltd. based in Hong Kong. HitBit has gained popularity due to its minimal work requirements and flexible trading functionality.

A wide choice of active trading pairs and no limitations on the amount of deposits and withdrawals increase the profitability rate of trading activity. The users can be sure of the safety of their accounts - during its existence the exchange has never suffered from any attacks or intrusions.

HitBTC cryptocurrency exchange invites traders to use all effective tools to analyze the market and increase trading profitability. Various order types with stop loss functions reduce potential losses and reduce slippage, while flexible and customizable charts help you accurately assess the market situation and trends in currency fluctuations. High trading volume and a large number of active traders shape the most objective and profitable market price for each currency pair. Participation in ICO campaigns opens new opportunities to make money on 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 a particular cryptocurrency exchange raises at least some concerns (obviously based on reviews or more than intuition), it is best to avoid it. Find out about the exchange on the official website and use a demo account if possible.