Platforms to buy cryptocurrencies Qatar 2021
Today, the Internet offers unlimited opportunities to work with digital currency; one can make a fortune on it just like on the stock markets, making profits through value fluctuations. In this sense, cryptocurrencies are more promising because they are more volatile than stocks or commodities.
For example, on the stock market, a trader 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 grow by 30% per day. Of course, to trade cryptocurrencies profitably, you need to have the necessary knowledge and experience.
Some traders trade on several exchanges simultaneously, taking advantage not only of rate fluctuations on 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, keeping an eye on exchange rates, but not rushing to sell immediately at the slightest appreciation, expecting a significant increase in the future.
Binance is one of the best platforms, both in terms of actual trading volume and the number of active users. It has rich functionality and a good level of security. In addition to trading, it gives the opportunity to earn cryptocurrency in other ways - stacking, crediting, IEO, futures trading. That's why you can often read in the reviews of traders that it is one of the best cryptocurrency exchanges.
Everything in Binance's interface is simple, convenient, and as intuitive as possible. For beginners who have never traded on the stock exchange, a few minutes will be enough to understand the most essential aspects. If you plan to spend hours on the exchange, making a lot of deals, you will need to learn all its intricacies in more detail.
Bitcoin (BTC/USDT) has the highest transaction volume on Binance, followed by Ethereum (ETH/USDT). The site also has its own NBB token, which can be used to lower fees and obtain other benefits.
The stock market has many advantages. A 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 volume. Moderate commissions and the possibility to reduce them further by using NBB tokens. This possibility is especially relevant for those who increase the volume of their trade every day. High level of security, repeatedly confirmed by practice. And so on:
- 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 is one of the top 30 trading floors in terms of funds and transactions. A multi-level security system, user-friendly interface, many currency pairs and the ability to work with fiat money - that's what traders get.
Bittrex offers the ability 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 unlikely to remain incognito, as the platform requires detailed verification of personal data.
Originally, the Bittrex platform worked as a multi-currency exchanger, 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 wary of where they store their digital currencies, and rightly so. Millions of dollars have been stolen from exchange platforms over the past few years, causing constant concern for 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 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 dominates the market and is actively developing. The site works in the legal field: there are brokerage licenses 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. Two-factor authentication is enabled by default. There are several security options in the Security section. The creators of Coinbase have spared neither money nor time to create a really convenient, functional and safe exchange with withdrawal of funds. Despite the disadvantages, 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 popular exchange known to experienced traders and beginners alike. Over the years, Kraken has shown good results and has been recognized as one of the most reliable tools for trading digital assets. In recent years, the company has acquired several smaller projects that provide trading services. This has significantly increased the influence and popularity of the company in European countries.
Kraken was officially launched in July 2011. Founder and CEO of Kraken is Jesse Powell. The post Kraken appeared first on Bloomberg The trading terminal is based in San Francisco.
In Western countries the stock exchange has gained an excellent reputation because it always tries to comply with the law. So far, it has not been involved in any serious scandals. Moreover, the platform continued to operate in the years when competitors were shut down one after another as a result of hacker attacks.
The functionality of the platform is very good, there is also an API. Both public and commercial versions are supported. The interface of the platform is translated into 10 languages, including Chinese and two versions of English. It can also be controlled from an Android and iOS smartphone via 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.
The BitMex exchange appeared in 2014, its name comes from three words: Bitcoin + Merchant + Exchange. It is officially registered in the Seychelles and based in Hong Kong.
BitMex offers the highest market liquidity among all exchanges. Ultra-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 because it offers profits not only on the rise but also on the fall of the market, makes possible the use of huge leverage and open-ended contracts.
In addition, this site features a wide range of professional technical analysis tools, the ability to configure API, a high degree of anonymity (no verification is 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 is consistently among the largest exchanges in terms of daily trading volume and is one of the most popular platforms operating today.
The exchange is designed for intermediate and advanced level traders, as well as for institutions. It offers a wide range of currencies, trading pairs and various options. Bitfinex aims to become a favorite place for experienced cryptocurrency traders from all over 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 quite modern and well designed, but generally suitable for more advanced users. The main control panel offers users many 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.
The Poloniex exchange is one of the world's largest cryptocurrency buy/sell platforms. It has the largest trading volumes of popular altcoins, which can be exchanged for bitcoins. The site is constantly evolving: the daily turnover is almost $1 billion. The leading position occupied by the Poloniex exchange is largely due to its concern for the convenience of traders. The large number of currencies and pairs allows you to quickly create a portfolio of your choice and start trading.
Reviews about Poloniex, which can be found in abundance on the Internet, show that the exchange is easy to use and provides all the necessary tools for analysis and trading.
Simple exchange of funds and margin trading using leverage are also possible. Members can give and take out 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 is a P2P exchange for buying bitcoins for fiat money offline, electronic money online and some altcoins. It is considered a reliable platform for direct and decentralized exchange between transaction parties. It allows you to quickly buy bitcoins using a variety of convenient methods.
Localbitcoins is not like other exchanges. This platform does not use a centralized exchange rate. Sellers and buyers determine the price at which they want to buy or sell bitcoins and choose the methods of exchange.
Exchange transactions with Localbitcoins can be conducted online or in person with the seller. The second option can be insecure, as in this case the platform does not control the transaction process. Therefore, buying digital currency offline is not always the most cost-effective option.
Citizens from over 200 countries work with the exchange, it is one of the largest cryptocurrency exchanges for buying cryptocurrencies for 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 the creation of a new exchange platform was the premium exchange - Binance, which the creators of KuCoin look up to. The exchange has its own token KuCoin Share (KCS).
This site has a reputation for being one of the most effective and customer-oriented.
KuCoin's main mission is to become a perfect exchange, free from any regulators. Therefore, the exchange does not introduce fiat currencies, futures contracts and other trading instruments that require mandatory verification and compliance with international standards. Only cryptocurrencies are traded here. On the site you can find both leading cryptocurrencies and young projects.
The interface of the trading terminal is designed to meet all the needs of professional traders. Here you can view a chart of price development and market depth for different periods for the selected currency with the possibility of fine-tuning from TradingView, read the latest stock market news, view the available balance in the context of the selected currency pair and view the statistics of the last 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 was founded in 2014 and is based in Austria (Vienna). Now it is a popular exchange platform and wallet for both experienced cryptocurrency users and beginners. It allows storing and exchanging more than thirty digital assets.
Bitpanda focuses on two things: security and ease of use. The application is organized in an intuitive interface that requires a minimum number of actions from the user to perform operations.
The company offers a range of products that allow individuals 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 financial regulator in Vienna, has more than a million customers worldwide. The company also has more than 130 employees.
BitPanda is an exchange specializing in buying and selling bitcoins and other altcoins in the eurozone.
There is no doubt in the reliability 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. It is essentially a 2p2 platform. This means that the site itself doesn't exchange anything, it just provides its services so that the seller and the buyer can meet. However, Paxful offers you a free, password-protected, 2FA cryptocurrency wallet. The developers of the project made it clear that it is a convenient and accessible platform, as open to customers as possible.
The exchange was founded in 2015 in the United States. Ambitious developers Arthur Shabak and Ray Yousef decided to create a peer-to-peer marketplace that would allow buyers and sellers to communicate 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.
First of all, Paxful is attractive because of its simplicity and convenience. You can pay with bitcoins in fiat money, bank cards, e-money and even gift certificates. No other cryptocurrency exchange in the world has such possibilities.
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 operates in almost every country in the world.
Coinmama entered the market in 2013. From the very beginning, the uniqueness of the company was the ability to buy cryptocurrencies with a credit/debit card. Coinmama was the first to offer this possibility, which attracted many interested buyers, and therefore quickly became one of the most popular exchanges in this segment.
Coinmama is a good option for those who want to buy bitcoins or ethers quickly and safely by bank transfer or credit card. The site does not store purchased cryptocurrency in internal wallets, but immediately transfers coins to your personal wallet, which is very good and makes you independent from any 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 successfully operating since 2013. The site was created by developers from Israel and Estonia under the leadership of the Hong Kong company Hit Techs Ltd. HitBit gained popularity due to its minimal work requirements and flexible trading functionality.
A wide selection of active trading pairs and lack of restrictions on the amount of deposits and withdrawals increase the profitability of trading activities. Users can be confident in the safety of their accounts - during its existence the exchange has never suffered from attacks and hacking.
HitBTC cryptocurrency exchange invites traders to use all efficient tools to analyze the market and increase trading profitability. Different types of orders with stop-loss features reduce potential losses and slippage, and flexible and customizable charts help to accurately assess the market situation and trends of currency fluctuations. High trading volume and a large number of active traders form the most objective and profitable market price for each currency pair. Participation in ICO campaigns opens new ways to make money from 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 a particular cryptocurrency exchange raises at least some concerns (of course, based on reviews or more than intuition), it is better to avoid it. Learn about the exchange on the official site and, if possible, use a demo account.