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Ethereum is second post popular cryptocurrency in the recent times. If you are looking to investing in crypto world a peer-to-peer computing network based on blockchain then you are not the only one who is looking to invest in cryptocurrency. Anyone who understand the blockchain technology and the disruption it can bring to future are already invested in it.

you would be familiar with stock exchange and forex exchanges, you can trade ethereum to buy and sell but the question is where to buy and sell cryptocurrencies like Ethereum or ETH. There cryptocurrency exchange come to play. Let me show you some of the best cryptocurrency exchange services to trade on Ethereum.

Coinbase

coinbase

Coinbase is one of most trusted and popular cryptocurrency exchange. On coinbase you can easily buy popular cryptocurrencies like bitcoin, litecoin, ethereum with your local currency. Coinbase aim to bring cryptocurrency to the journal public who are looking to invest in cryptocurrency. Coinbase is one of best platform available for trading.

Pros
Easy for new users
Instant buy with debit/credit

Cons
Offers in limited countries
Support take time to respond

 

Poloniex

poloniex

Poloniex is digital currency exchanges you can trade securely with on poloniex advance trading platform. Poloniex allow you to exchange any of your digital assets that are stored in cold storage, this minimize the risk of hacking. Poloniex store your funds only for you and do not use your funds like the physical banks do. You can sell and withdraw your funds anytime without any limitation. Poloniex engineers monitors the platform round the clock.

Pros
High liquidity.
Not easy to understand
Margin trading is available.

Cons
Poor support.
hacked once in 2014.

 

Bitfinex

bitfinex

Bitfinex is most advanced cryptocurrency exchange platform, Bitfinex offer more then 3.3x leverage margin and trader can access peer-to-peer funding market. Bitfinex also entertain liquidity providers. liquidity provider can add funds to traders to gain interest from them.

Liquidity providers can earn interest by providing funding to traders wanting to trade with leverage. Funding is traded on an order book at various rates and periods. Bitfinex offer many types of orders to traders, that enhance the capabilities to trade intelligently on market conditions. Bitfinex provides top security to customers, bitfinex keeps users funds in cold storage to protect from hackers attack.

Pros
Numbers of payment Options
No limit on withdrawal
User Privacy protected

Cons
Once hacked back in 2016
Not user friendly to new users

 

Kraken

Kraken

Kraken is one of best exchange platform and is built for professional traders who are looking to trade cryptocurrencies on daily basis. Kraken provide margin trading for traders, you can leverage long or short term trading on market positions. Kraken understand the cyber security issues very carefully and audits on regular base. This exchange offers up to 5x margin trading, also provide tools to automate your trading and strategy. Kraken store users data in encrypted and clod storage format to prevent hacking and theft by any means.

Pros
Low fee
high liquidity
proof of stored assets.

Cons
Complicated for new users
require identity verification

 

Bittrex

bittrex

Bittrex offer premium experience for trading it allows you to trade between 190+ cryptocurrencies. Bittrex is USA based exchange platform and offer lightning fast trading for daily crypto currency traders. Bittrex supports algorithmic trading for its advance users to automate the trading using custom secure trading bots.

Anyone can buy and sell coins easily usting its secure APIs. Bittrex offer top security to its customers based on industry standard practices that also include cold storage for users funds. For withdrawals Bittrex use two-factor authentication.

Pros
Easy verification
Good Support and Security

Cons
No Margin Trading
Sometimes low liquidity

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