Bitcoin Cash Review – the very best cryptocurrency for an easy transaction

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Top 10 Cryptocurrencies With Fast Transaction Speeds

CoinSutra » Cryptocurrency » Top 10 Cryptocurrencies With Fast Transaction Speeds

We all know that cash transactions happen almost instantly. But, the story for cryptocurrency transactions is different. There are all sorts of other problems associated with their transaction speed and timing.

In the cryptocurrency world, transaction speed means how quickly the transaction of money happens from person A to B. All cryptocurrencies have different speeds in this cryptosphere which sometimes makes them cumbersome to be used in real life.

Moreover, this transaction speed can take a hit if the blockchain you are transacting has:

  • High network congestions
  • Huge volume
  • Increased transaction fees
  • Laggard nodes

Your transaction speed is governed by a lot of factors while dealing in cryptocurrencies. That’s why it is important to know about their transaction speed.

Fast Transacting Crypto Coins

Note: I have not included below average coins irrespective of their speed because that is not the goal of this post. I am listing cryptos that have been around for some time and have fundamental use cases. Moreover, we are going to measure their swiftness in ‘time’, which means lesser the transaction time, faster the coin. Also remember, the coins are in no particular order.

1. DASH

Dash, one of the oldest cryptocurrency in the market that popularized the concept of masternode governance, is a fast transacting coin. DASH’s average transaction time is 2 minutes 39 seconds. It is also known as block time. DASH, with its 2 MB block size, can process up to 56 tx/sec. The block size was increased from 1 Mb to 2 Mb last year.

Buy Dash From Exchanges

  • Binance: Supported pairs are DASH/BTC, DASH/ETH
  • Bittrex: Supported pairs are DASH/BTC, DASH/ETH
  • Gate.io: Supported pairs are DASH/BTC, DASH/USDT
  • Bitfinex: Supported pairs are DASH/BTC, DASH/USD
  • KuCoin: Supported pairs are DASH/BTC, DASH/USDT, DASH/ETH

2. Monero

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Monero is a purely community-driven coin which is popular for its anonymity and privacy. It is also quite fast with transactions. It takes an average time of 2 minutes to process a transaction in the next Monero block. Monero’s block size is dynamic, meaning it will keep on adjusting automatically as the average network volume grows.

For further reading:

Buy Monero From Exchanges

  1. Binance-Supported pairs XMR/BTC, XMR/ETH
  2. Bittrex-Supported pairs XMR/BTC, XMR/USDT, XMR/ETH
  3. Poloniex-Supported pairs XMR/BTC, XMR/ETH
  4. Bitfinex-Supported pairs XMR/USD, XMR/BTC
  5. Kraken-Supported pairs XMR/USD, XMR/EUR, XMR/BTC

3. PIVX

PIVX is another coin with a fast transaction speed and a focus on privacy. Also, it is a proof of stake coin that gives it an edge in comparison to other proof of work coins. It is a fork of DASH and has its block timing as 1 minute which means it takes a minute to process a transaction in the next PIVX block.

For further reading:

Buy PIVX From Exchanges

  1. Changelly – Exchange using BTC or buy using a debit/credit card.
  2. Bittrex – Supported pairs are PIVX/BTC
  3. Binance-Supported pairs PIVX/BTC, PIVX/ETH, PIVX/BNB
  4. Cryptopia – Supported pairs are PIVX/BTC, PIVX/USDT, PIVX/LTC
  5. Crypto-bridge (DEX)
  6. YoBit – Supported pairs are PIVX/BTC

4. NEO

NEO is another delegated proof of stake coin that is quick with processing transactions and can process at a speed of 1000tx/sec. NEO cryptocurrency, the so-called Ethereum killer, takes 15 seconds to process a transaction on an average in the next NEO block. We have covered NEO in detail in the past. For more info, read: NEO Cryptocurrency-Everything You Need to Know about China Ethereum.

Here are a few more articles that I have published for NEO coin:

Buy NEO From Exchanges

  1. Binance-Supported pairs NEO/BTC, NEO/ETH
  2. Bittrex-Supported pairs NEO/BTC, NEO/USDT, NEO/ETH
  3. Bitfinex-Supported pairs NEO/USD, NEO/BTC

5. Nano

Nano, formerly known as Raiblocks, is a relatively new cryptocurrency that took form in 2020. Thanks to its block-lattice tech, it is very fast and can scale to a high degree. It typically takes 5-10 seconds in getting confirmations for a successful transaction through Nano.

Nano is available on following popular exchanges:

6. Dogecoin

Dogecoin is a very old cryptocurrency that runs on proof of work consensus mechanism. This crypto is also really fast. It takes an average of 1 minute to process a transaction in the next Dogecoin block. However, Dogecoin is something I would not recommend to invest in as this project development has been dead for a long time.

For further reading:

7. Ethereum

Ethereum, the world’s computer, has recently been facing congestion due to its scalability problems. Moreover, it is thinking of moving to a proof of stake consensus in the future which will make it even faster. But as of now it typically takes 14-17 seconds to process a transaction in the next Ethereum block and handle up to 12 tx/sec.

For further reading:

Buy ETH from Exchanges

  • Binance: Supported pairs are ETH/BTC
  • Bittrex: Supported pairs are ETH/BTC
  • Gate.io: Supported pairs are ETH/BTC
  • Bitfinex: Supported pairs are ETH/BTC
  • KuCoin: Supported pairs are ETH/BTC

8. Litecoin

Litecoin is the silver standard in the crypto market. Litecoin, another forked currency out of Bitcoin, is quite fast and robust. It takes about 2:30 minutes to process a transaction in the next Litecoin block.

For further learning:

Buy LTC from Exchanges

  1. Bitfinex – Supported pairs are LTC/USD
  2. Binance-Supported pairs are LTC/BTC, LTC/USDT
  3. Bittrex– Supported pairs are LTC/BTC, LTC/USDT, LTC/ETH
  4. Livecoin – Supported pairs are LTC/BTC, LTC/USD.
  5. Poloniex – Supported pairs are LTC/BTC, LTC/USDT, LTC/XMR

9. Bitcoin

Bitcoin, the world’s first fully functional cryptocurrency is rather slow and takes about 10 minutes to process a transaction in the next Bitcoin block (provided the conditions are ideal).

However, it is advised to wait for 6 confirmations before considering a transaction successful which means it can take up to 60 minutes in getting a transaction through the Bitcoin blockchain.

Rival fork of Bitcoin that stirred a lot of controversies and still is, is one of the slowest in the market. Just like Bitcoin, its transactions time is 10 minutes per block which means it should take an average transaction time of 10 minutes to process a transaction in the next Bitcoin Cash block.

For further reading:

Buy BCH from Exchanges

  1. Binance-Supported pairs BCH/BTC, BCH/ETH
  2. Bittrex-Supported pairs BCH/BTC, BCH/USDT, BCH/ETH
  3. Poloniex-Supported pairs BCH/BTC, BCH/ETH
  4. Bitfinex-Supported pairs BCH/USD, BCH/BTC
  5. Kraken-Supported pairs BCH/USD, BCH/EUR, BCH/BTC

Conclusion: Cryptocurrencies With Fast Transaction Speeds

“> Cryptocurrency “> Block Timing
“> DASH “> 2 minutes 39 seconds
“> Monero “> 2 minutes
“> PIVX “> 1 minute
“> NEO “> 15 seconds
“> Nano “> 5-10 seconds
“> Dogecoin “> 1 minute
“> Ethereum “> 14-17 seconds
“> Litecoin “> 2 minutes 30 seconds
“> Bitcoin “> 10 minutes
“> Bitcoin Cash “> 10 minutes

These were the average transactions times of different cryptocurrencies but these are timings only for getting one confirmation. And generally, it is advised to wait for 6-12 confirmations in some cryptocurrencies so you if you calculate, it can take much longer.

That’s why solutions like DAG, Tangle or Hashgraph or even Lightning networks are being developed so that it can accelerate the transaction speed as well as ease the criteria of considering a transaction successful.

Try out these cryptocurrencies and let me know which one you like the most. Share your thoughts in the comments below!

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A team of Blockchain and Cryptocurrency experts lead by Harsh Agrawal. Trusted by over 1.1 million readers worldwide.

Best Bitcoin Cash Wallets – Top BCH Online, Apps & Cold Storage Tips?

Guide To Securing Bitcoin Cash BCH

The Bitcoin cash, a cryptographic asset known to have come to fulfill the original promise of Bitcoin as “Peer-to-Peer Electronic Cash” has brought sound money to the world. It assures users of low transaction fees, faster and reliable confirmations. This decentralized innovative development empowers users with unrestricted permission to make borderless transactions.

Compared to the Bitcoin, Bitcoin Cash offers new features including larger block size, replay and wipeout protection, and a way of adjusting the proof-of-work difficulty quicker than the normal 2020 block difficulty adjustment interval found in Bitcoin.

Since Bitcoin Cash (BCH) itself is a hard fork of the Bitcoin (BTC), it implies that all Bitcoin holders as of block 478558 are also owners of Bitcoin Cash. As a holder of Bitcoin cash, you have an edge over other cryptographic asset owners. According to bicoincash.org, you enjoy the following benefits using the BCH for transactions:

  • Speed: You have the ability to transact in seconds and get confirmations in just a few minutes
  • Reliability: The Bitcoin cash network run seamlessly without congestions
  • Low fees: You enjoy sending money globally with the considerably low amount of transaction fees.
  • Simplicity: The model is simple to use
  • Stability: The asset has a proven store of value
  • Security: Built on a robust blockchain technology

Since the activation of Bitcoin Cash (BCH) hard fork, users all over the world have continued to monitor its potential.

So far since August 02, 2020, the price has of BCH has skyrocketed from $366.97 to $1189.05 as at the time of writing this article. This tremendous growth is a good indication that the coin has a very good potential.

Storing And Securing Your Bitcoin Cash

In cryptocurrencies generally, one of the most essential skills to possess is the ability to protect your cryptographic assets. You can either store your Bitcoin cash in a wallet or on an exchange account. Using exchanges is not always as secure as storing your cryptocurrencies in a wallet. This is why there have been tremendous efforts dedicated to the provision of wallets by industry experts.

Keeping your money on an exchange can cause great vulnerabilities to your holdings. This is because exchanges are always online, and you do not own the keys when on an exchange. Exchanges are vulnerable to hack, as there have been many occasions of hack on major exchanges. They can also crash, and leave you in a difficult position with price fluctuations, or cancel your account and seize your funds, a quality that wallets do not have.

If you are holding onto your Bitcoin cash for longer periods, you definitely do want to hold them in certain wallets that are less vulnerable to attacks. These would be hot wallets/online web wallets or mobile wallets.

Like every other cryptographic asset, users can store, exchange, and send Bitcoin cash for other coins and tokens.

In this article, we’ll focus more on the storage of Bitcoin cash. There are basically two major types of wallets used in securing cryptocurrencies like the Bitcoin Cash (BCH). The two major types are:

Hardware Wallets and Software Wallets

Hardware Wallets

What are hardware wallets?

The hardware wallets are physical devices created to keep your cryptocurrency safe. They store the user’s private keys in a secure microchip. They have most of the security features of software wallets. They are only vulnerable to physical theft, but they remove the process of having to load the private key in wallet import format to some software which might be exposed to online vulnerabilities.

Some companies have developed the wallet that allows users to store cryptographic assets on a simple, physical easy-to-use, portable device. If you have this device, all you need to do to spend your cryptographic assets is to connect it to the Internet and begin your transaction. It should be noted that most hardware wallets are cold wallets as they are always not connected to the internet.

Hardware wallets allow users to:

  • Store private keys in a protected area of a microcontroller, and cannot be transferred out of the device in plaintext.
  • Have immunity from viruses and trojans

The Software Wallets

What is a software wallet?

Simply put, a software wallet is a software (computer program) that stores cryptocurrencies. A software wallet is an application that sits on your device’s storage and allows you complete control and security of your cryptocurrencies, this is because each cryptographic asset you hold is only accessible on your own device.

Software wallets are majorly sub-divided into two:

The Hot (Online) Wallet & The Cold (Offline) Wallet

The Hot Wallet

Hot wallets are also known as online wallets. Meaning, wallets (software) that are often connected to the internet. Hot wallets are wallets that easily plug into the internet and are accessible through a web portal. They are considered ‘hot’ because of the greater ability for activity and accessibility. This creates an easy and quick to use environment, which is better for frequent access and transactions. Although, this can be hazardous because they are more susceptible to online attacks. Hot wallets are stored online and can be hacked easier than cold wallets.

The Cold Wallet

Cold wallets are also known as offline wallets, in the sense that, they are not always connected to the internet. Cold wallets are the more secure than hot wallets. Cold wallets are held offline, which makes them much harder to hack or steal because they are not always accessible. These type of wallets are best for cryptocurrency that you are not using frequently. If you have a lot of cryptographic assets, it’s advisable you keep them in a cold wallet. It is much more secure, and although it is harder to access for trading or buying and selling, it ensures your security and prevents loss or theft of your funds.
Software wallets can be in various forms. The three known forms are:

Desktop & Mobile & Web Wallets

Desktop Wallets

These wallets are computer programs that can run on Windows, Mac or Linux operating systems. Using your laptop or desktop computer, you can download the software to your device, and send your Bitcoin cash to it.

Mobile Wallets

Mobile wallets, are applications that can run on Android, Windows(mobile), and Ios mobile devices. With your phone, you always have on-the-go access to your cryptographic assets anywhere anytime. Your phone makes your wallet extremely easy to access and provides instant opportunities for making cryptocurrency transactions. Most mobile wallets have integrated QR code capabilities which increases the ease of making transactions.

Online Wallets

Online wallets are basically in forms of web apps. As they are named, They only function online. You’ll always need an internet connection for you to be able to access it. Usually, some third-party wallet providers allow you to use their software through the cloud, and these are sometimes referred to as “cloud wallets.” This is because your tokens/coins are stored in the cloud, and your keys are held on a private server.

Fortunately, like other cryptocurrencies, all these types of wallets support the Bitcoin cash.

Major Wallet Providers

The major wallet providers currently supporting the Bitcoin cash are listed below:

  • LEDGER NANO S
  • TREZOR
  • KEEPKEY
  • ELECTRON CASH
  • UNIT
  • BITCOIN.COM
  • EXODUS
  • BTC.COM
  • MOBI
  • BITPAY
  • JAXX
  • COINOMI
  • STASH
  • STRONGCOIN

LEDGER NANO S:

Ledger Nano S is a hardware wallet that supports the Bitcoin cash. It is based on robust safety features for storing cryptographic assets and securing digital payments. It connects to any computer via USB and embeds a secure Organic Light emitting diode(OLED) display to double-check and confirm each transaction with a single tap on its side buttons. Ledger Nano S includes Bitcoin cash and other blockchain-based cryptocurrencies. You can send and receive payments, check your accounts and manage multiple addresses for each currency from the same device.

Major features of Ledger Nano S wallet include:

  • Multi-Currency Support: Nano S supports not only Bitcoin cash, but also, the Bitcoin and other altcoins.
  • Built-in-Display: You can check and confirm transactions on-the-go, using the built-in display on the device.
  • Back Up and Restore: Your accounts are always backed up and can be restored to any ledger device in case it’s stolen or device gets lost.
  • Security: Confidential private keys are never exposed. The keys are always encrypted, stored and protected in an isolated microcontroller.

The wallet can be purchased at the various online store including Amazon. Learn more about Ledger Nano S here.

TREZOR:

TREZOR is another hardware wallet that supports the Bitcoin cash. It is a single purpose device which allows you to make secure transactions. With TREZOR, transactions are completely safe even when initiated on a compromised or vulnerable computer. The Bitcoin cash protocol works by sending signed transactions of across the Internet. These transactions are signed using a special algorithm. In order to sign a transaction, you need to have a special key or password. TREZOR holds that key. TREZOR has full support for Android, Windows, OS X, iOS and Linux operating systems. Like the Ledge Nano S, TREZOR also has amazing features.

It is Secure: Each TREZOR has a PIN code. If your TREZOR hardware gets stolen, it cannot be misused to steal your money. TREZOR has a clever design that will never allow hackers to get hold of your pin, even if the computer with which you use your TREZOR is hacked.

It supports many cryptocurrencies: TREZOR supports a wide range of coins and tokens. You can check the list of the supported currencies here

Assets are recoverable: In case your TREZOR is not available you can still recover your Bitcoin cash (or any other coin) using your recovery seed and a compatible wallet like Mycelium or Electrum. Check out our TREZOR Apps for the full list of wallets compatible with the recovery seed.

You can get your TREZOR wallet on Amazon

KEEPKEY

KEEPKEY is also a hardware wallet that secures Bitcoin cash, and some other altcoins. It ensures your cryptographic assets are protected from hackers and thieves. It works with the wallet software on your computer by taking over the management of private key generation, private key storage, and transaction signing. It generates private key using its hardware-based random number generator, combined with randomness provided by your computer.

Key features of Keepkey wallet include:

  • Virus and malware-proof
  • Multiple currencies support: Keepkey wallet not only supports Bitcoin cash but also Bitcoin and some other altcoins.
  • Secure storage: Keepkey stores private keys, using the pin protected mode which makes it useless in the wrong hands.

Electron Cash

Electron cash is a cold wallet for Bitcoin cash. With Electron Cash, you alone control your own private keys. You can back up your wallet easily with a mnemonic seed phrase. SPV technology provides high security without having to download the blockchain or run a full node. Asides from being a cold storage, the Electron cash has:

  • Multi-Platform: Electron supports major operating systems including Android, Windows, Linux, and OSX.
  • Security: Your private keys are encrypted and never leave your computer.
  • No Downtimes: Electrum servers are decentralized and redundant. Your wallet is never down.

Download your Electron wallet here

The Unit Wallet

UNIT wallet is another type of cold wallet. According to unitwallet.co, “Unit wallet is Bitcoin Cash wallet for mobile, it is the quickest way to start using Bitcoin Cash on Android and iOS without needing to sign up or provide any personal information. Features of the wallet include paying (via QR technology), sending, receiving and discovering places that accept Bitcoin Cash.” Unit wallet is completely non-custodial, meaning that only the owner is in control of his money, it is impossible for the wallet providers to freeze, steal or track the owner’s spending, you wouldn’t have to trust anyone with your funds, you are always in total control of your money.

You can download your UNIT wallet here.

The Bitcoin Wallet

The easy-to-use for beginners, and robust for experts’ wallet, the Bitcoin.com wallet can be used to buy, send store and receive your Bitcoin cash coins. It supports Android, iOS, Windows, OSX, and Linux operating systems.

Get the version for your operating system here.

Exodus Wallet

Exodus wallet is also a desktop wallet having a multi-asset wallet capability with ShapeShift built in. It encrypts private keys and transaction data locally for your eyes only. Your data remains private – no account setup required. Like other wallets, Exodus gives blockchain asset investors a platform to secure, exchange and manage wealth inside one beautiful application. Exodus currently supports Bitcoin Cash, Bitcoin and other altcoins including Aragon, Augur, BATCivic, Dash, Decred, District0x, EOS, Ethereum, ETH Classic, FunFair, Gnosis, Golem, Litecoin, OmiseGo, Qtum (ERC20) and SALT.

Downoad your Exodus wallet here

BTC.com

The BTC.com offers powerful Bitcoin Cash. It gives you the ability to securely send, receive, and store your funds. BTC.com has no access to your Bitcoin Cash, staying true to Bitcoin’s core values, and giving you the security, privacy, and power to own your wealth. Using BTC.com, you make payments without QR codes or long addresses.

Get started with BTC.com here.

Mobi is a highly secure mobile digital currency wallet with 100+ currencies at your fingertips. It is also a cold wallet that allows you to receive store and send you Bitcoin cash. Mobi supports Android and iOS as the major platforms. Other than the mobile apps, Mobi also offers a multi-currency prepaid card that could be linked to your wallet to ease your payment needs.

Major features of Mobi include:

  • Safety and security: Using the appropriate technologies, your cryptographic assets are always secure.
  • Borderless transactions: Mobi makes transactions (both international and local) fast, painless and costless, anywhere, anytime.

Bitpay

The Bitpay wallet is a secure and open source wallet created by the BitPay. It is also a cold wallet. Using BitPay wallet, you have the option to either create a normal wallet for immediate payments or lock down your security by requiring payments to be accepted by up to 12 different devices. BitPay not only offers wallets, the wallet can be connected to the Bitpay card. This integration allows you to Buy and sell Bitcoin directly to and from your wallet, load and manage your BitPay Card. The card is accepted at all Visa® merchants and Visa® compatible ATMs worldwide.

Also, the Bitpay wallet is compatible with all major operating devices including Android, iOS, xOS, Windows, and Linux. Get to know more about Bitpay wallet, and download for your OS here.

The digital wallet, Jax, runs on iOS, Android, Windows, Mac, Linux and other platforms. It has been in existence since 2004 and it supports a wide range of cryptocurrencies. The Jaxx wallet is secure, and simple to use. The Jaxx wallet is also a cold wallet that also allows you to store your Bitcoin cash and other cryptocurrencies.

Download and enjoy a free Jaxx wallet here.

Stash

Stash Wallet is a free and easy-to-use crypto-finance mobile app with support for Bitcoin cash and other digital assets. It ‘pairs’ with the Stash Node Pro, giving users additional transaction capabilities and full roaming access to their personal copy of the blockchain.
The wallet is also the first of its kind to include built-in secure messaging integrated with the decentralized Stash Identity platform based on private, re-usable, two-way payment addresses.

Features of the stash wallet include:

  • Multi-platform support: Currently, the wallet has support for Android mobile device, but it promises to support all other major platforms.
  • Simple: It is super simple to use, and it allows users to make private payments.
  • End-to-end Encryption: The app encrypts users’ messages to avoid alterations in data.

Download your free Stash wallet here.

StrongCoin

Strongcoin is a hybrid Bitcoin wallet, it combines the features of both cold and hot wallets. The private key required to send money is encrypted in the user’s browser before it reaches the servers, only the encrypted keys are saved on our servers.
You can create a free and secure StrongCoin wallet here.

Coinomi

Coinomi is a free secure source-available multi-coin multi-asset cold wallet for Bitcoin cash, altcoins, and tokens. Coinomi has a combination of features not always found in other wallets. These features include:

  • Multi-Coin & Multi-Asset support Native support for Bitcoin cash, Bitcoin and most major altcoins and tokens with continuous integration of key altcoins and tokens.
  • Security The users’ private keys never leave their device(s). The strong wallet encryption and cryptography guarantee that funds will remain safe under the owner’s ultimate control.
  • Enhanced Privacy & Anonymity Users’ identity cannot be linked, which means no transactions tracking.
  • Custom and Dynamic Fees: Users have the ability to customize the transaction fees.
  • Confidential back-up: Hierarchical Deterministic Wallet (BIP44) technique used in the creation of the wallet enables users to keep everything accessible and secure with just one passphrase which separately back-up by the user.
  • Built-in Exchange: With the integration of Space Shift and Changely, users can exchange their Bitcoin cash with BTC and other altcoins.

Download your Coinomi wallet here.

With all these varieties, you have the opportunity of choosing your preferred wallet, to ensure your Bitcoin cash is always safe and secure.

11 Best Cryptocurrency Exchanges – Buy Bitcoin & Altcoins [2020]

What is the best cryptocurrency exchange for buying/selling Bitcoin or altcoins? We list and review 11 top exchanges worth your consideration in 2020.

When trying to decide on the best cryptocurrency exchanges, it is not simply a matter of ranking by volume or performing a broad comparison according to fees, accessibility, trading tools, or other common features.

Find a Bitcoin exchange which suits your needs

Most exchanges aim to support a particular type of client based on their location, experience, payment method, need for anonymity and so on, while very few can be considered broad catch-all exchanges designed for a non-existent “average user.”

That is why we decided to offer a list of the best Bitcoin and cryptocurrency exchanges to cover the needs of all our readers.

We will include the top major exchanges that offer the broadest range of services, as well as some smaller exchanges that focus on more specific types of clients.

This way, every reader will be able to find the best cryptocurrency or Bitcoin exchange for their unique needs.

With the Fed pumping trillions of dollars into the US money system in recent weeks, now is as good a time as ever to purchase Bitcoin or other cryptocurrencies. After all, Bitcoin doesn’t partake in quantitative easing, right? Let’s get started with our list of the top exchanges.

The 11 Best Cryptocurrency Exchanges

This table features the top 11 best Bitcoin and crypto exchanges:

Rank Exchange Deposit Methods Fiat Accepted Cryptocurrency Supported HQ
1 Coinbase [Full Review] Credit card, debit card, bank transfer, Paypal, crypto USD, EUR, GBP, AUD, CAD & many more BTC, ETH, XRP, LTC, BCH, ETC, ZEC, BAT, USDC, ZRX San Francisco, USA
2 Binance [Full Review] Crypto None BTC, BNB, ETH, EOS, XLM, ADA, LTC, XRP & 140+ more altcoins Valletta, Malta
3 LocalBitcoins Cash, bank transfer, Paypal, BTC + many others USD, EUR, GBP, AUD, CAD & many more BTC Finland
4 CEX.io Credit card, debit card, bank transfer, crypto USD, EUR, GBP, RUB BTC, ETH, XLM, XRP, LTC, BCH, DASH, ZEC, BTG, GUSD London, UK
5 Bitfinex Bank transfer, crypto USD, EUR, GBP, JPY ETH, BTC, LTC, EOS, XRP, NEO, DASH, XMR & more (40 total) Hong Kong
6 Bittrex Bank transfer, crypto USD BTC, ETH, LTC, XLM, XRP, PIVX, POLY, REP & more (238 total) Washington, USA
7 Coinmama [Full Review] Credit card, debit card, bank transfer, cash USD, EUR BTC, ETH, LTC, XRP, ADA, QTUM, BCH, ETC Bratislava, Slovakia
8 Kraken Bank transfer USD, EUR, GBP, CAD, JPY BTC, ETH, XRP, XLM, USDT, LTC, EOS, ADA & more (20 total) San Francisco, USA
9 Changelly Credit card, debit card USD, EUR BTC, ETH, XMR, XRP, LTC & many more Valletta, Malta
10 Prime XBT [Full Review] Crypto None BTC, ETH, LTC, EOS, XRP Seychelles
11 BitMEX [Full Review] Crypto None BTC, ETH, LTC, BCH, EOS, XRP, ADA, TRX Hong Kong

Coinbase was created to be the most trusted name in cryptocurrency exchanges, and in this respect, it is more or less unrivaled in the marketplace.

Coinbase is regulated as a US financial institution, including FDIC insurance for US deposits of $250,000 or less, and is compliant with key EU financial regulations. Coinbase is also backed by major mainstream investors, such as banks and investment funds.

“The most trusted digital currency platform” – Source: Coinbase

This level of trust ensures that Coinbase is the exchange of choice for most beginner cryptocurrency investors, and features a simple design to accommodate this client base.

Unfortunately, this focus on trust means that Coinbase trades in only a limited number of cryptocurrencies, though it does trade in all the top names. Clients are also limited to a relatively small number of countries of origin in North America, Europe, and Oceania.

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