Skip links
Bitcoin Exchangers List
- When it comes to finding the best bitcoin exchange things are not all that easy. Why is this so? Simply because many of the best sites to buy bitcoin are rather recently online. This means that they have had little to get the word out about their services and products. Most people coming to this page will be asking how to buy bitcoin online through a secure means. Well, here is a good starting point. Let’s see how.
First thing to consider when looking for the top bitcoin exchange is how safe are the website and server. This boils down to asking: is it a trustworthy exchange providing transparent data of coins in cold storage (more on this later) and are customers happy? It’s also good to lookout for which currency pairs are available: are you looking to trade bitcoin for USD, Euros, or other fiat currencies. The location usually gives an idea of what’s on offer. However, the largest bitcoin sites usually have many options for buying bitcoin with government issued currency and altcoins.
The sheer complexity of researching where to trade bitcoin led me to make this blog. Although you should always do your own research before investing, I hope this helps. Below is the table of the best exchanges to buy bitcoin online. If you are new to cryptocurrency exchanges then lookout for the ‘beginner-friendy’ column.
Secure exchanges that are trustworthy and have good user ratings will rank higher than their peers. Extra points are given for sites to buy bitcoin with paypal, as many users request this feature. Ranking preference is also given for sites to buy bitcoin with credit card. Check out each option on the following best bitcoin exchange list. Be sure to bookmark this page for future reference.
Top 40+ Sites to Buy Bitcoin & Cryptocurrency:
Rank | Site | Location +currency | Beginner- friendly | Trust score | Buy with… | User-vote | Score |
---|---|---|---|---|---|---|---|
1 | San Fran, USA USD EUR GBP | A+ | + bank transf. | 9.85 | |||
2 | cryptocurrency exchange | Delaware, USA 75+ crypto pairs | B+ | CRYPTO- CURRENCY | 9.70 | ||
3 | local all currencies | A | + paypal + bank transf. | 9.65 | |||
4 | London, UK USD EUR GBP RUB | A | + bank transf. + Ethereum | 9.50 | |||
5 | San Fran, USA USD EUR CAD GBP JPY | B+ | + altcoins | 9.30 | |||
6 | Virgin Islands EUR USD | A | + Ethereum | 9.20 | |||
7 | Hong-Kong USD | B+ | + Ethereum + Dash Monero + Zcash | 9.15 | |||
8 | cryptocurrency exchange | Las Vegas, USA 190+ crypto pairs | B+ | CRYPTO- CURRENCY | 9.10 | ||
9 | Luxembourg USD EUR | B+ | + bank transf. | 9.05 | |||
10 | bitcoin & cryptocurrency exchange | p2p [decentralized] 59+ crypto pairs | n/a | CRYPTO- CURRENCY + bank transf. | 9.00 | ||
11 | San Fran, USA USD GBP EUR | B+ | + LTC & ETH | 8.70 | |||
12 | cryptocurrency exchange | Switzerland 40+ crypto pairs | A | CRYPTO- CURRENCY | 8.65 | ||
13 | cryptocurrency exchange | p2p decentralized 30+ crypto pairs | C+ | CRYPTO- CURRENCY | 8.60 | ||
14 | Luxembourg EUR | B+ | 8.50 | ||||
15 | cryptocurrency exchange | Prague, Czech Rep. 35+ crypto pairs | C+ | CRYPTO- CURRENCY + credit card | 8.10 | ||
16 | Germany | B | 8.10 | ||||
17 | cryptocurrency exchange | Seoul, South Korea 8+ crypto pairs | C+ | + bank transf. | 8.05 | ||
18 | [world ATM map] all currencies | n/a | 8.05 | ||||
19 | Delaware, USA | C+ | + debit card + onevanilla + amazon gift | 7.90 | |||
20 | London, UK GBP EUR USD | C+ | 7.80 | ||||
21 | Ahmedabad, India INR | B | 7.75 | ||||
22 | Mexico MXN | B | + cash + pademobile. | 7.70 | |||
23 | New York, USA | B+ | 7.75 | ||||
24 | cryptocurrency exchange | Moscow, Russia 345+ crypto pairs | C+ | CRYPTO- CURRENCY | 7.55 | ||
25 | South Africa / Nigeria ZAR IDR MYR NGN SGD | B | 7.45 | ||||
26 | Katowice, Poland PLN USD EUR | C | 7.20 | ||||
27 | Austria | B+ | + neteller + skrill + SEPA transf. | 7.05 | |||
28 | Tokyo, Japan JPY | B+ | + bank transf. | 6.85 | |||
29 | cryptocurrency exchange | New Zealand 250+ crypto pairs | B+ | CRYPTO- CURRENCY | 6.85 | ||
30 | Sydney, Australia AUD | B | 6.80 | ||||
31 | Tokyo, Japan JPY | B+ | + bank transf. + 9 altcoins | 6.75 | |||
32 | cryptocurrency exchange | Thailand | C+ | 6.40 | |||
33 | Indonesia | C+ | 6.25 | ||||
34 | The Netherlands EUR CAD | C+ | + EPS + mistercash + sofort + 9 altcoins | 6.00 | |||
35 | cryptocurrency exchange | Copenhagen, Denmark 25+ crypto pairs | C- | CRYPTO- CURRENCY | 6.00 | ||
36 | Republic of Seychelles margin trading | C+ | Derivatives | 6.00 |
Have I missed something? Let me know (see footer).
How to buy bitcoin using this list of exchanges?
Hopefully the list of bitcoin exchanges above will be of good use for how to trade bitcoins. Each outstanding site should have detailed instructions. From here, one can easily figure out how to buy bitcoin with credit card, paypal, cash, bank transfers. Once you have got some coins then it is a good idea to store them offline (not on an exchange). For “cold” vs “hot” storage options – check out the list of available wallets. When wanting buy or sell it is safer just to transfer in and out of your ‘cold’ wallet to the ‘hot’ online exchange. Remember that so long as an offline wallet’s keys have not been compromised, then those coins cannot be taken.
What is the best site to buy bitcoin in the above list?
It’s a tough question in my opinion. Each will have an upside compared to others. Check a few out and look up on forums to see what users are saying about the service provided, and which they think are the best sites to buy bitcoin easily. Localbitcoins.com is a really cool p2p bitcoin exchange for beginners wanting to buy for their first time. The service is all over the world, meaning you can use euros, pounds, yen, australian dollars, swiss francs, canadian dollars, krona, rubles, lira, rupees and so on. If you pay by physical cash then you get to meet the person in real life. Alternatively you can do a fast bank transfer and the site will hold your coins in escrow for you once it goes through. Obviously there are more simple ways to start off. Some like to buy with paypal, but not many leading bitcoin exchanges accept this because of chargebacks.
Which are the largest exchanges?
Generally the biggest bitcoin exchanges will be toward the top of the above list. For example Bitfinex, GDAX, Kraken, Coinbase (also the best usd bitcoin exchange) all represent large volume proportions. Daily volume varies, and therefore the world’s largest exchange vary each day. Go to bitcoinity for a good list of all the top bitcoin exchange site and their proportional volumes. Some find this handy for arbitrage between markets.
What about the best cryptocurrency exchange?
Sadly, with the demise of Cryptsy there is a need for a new major first-rate cryptocurrency exchange (aka altcoins). Having many medium-sized cryptocurrency exchange sites is a better situation than having one large amazing option. Poloniex is the large amazing option. It’s a really good platform and the user-interface has gone through a complete redesign. Things feel smooth when using Poloniex. All big and small trading pairs are offered and it is now possible to do cryptocurrency margin trading on major altcoins. This is a cool feature, but use it with caution as leveraged trading has a certain risk factor. Keep in mind that some of the best bitcoin exchange sites also do altcoins. Yobit, Poloniex, and Changelly, are great options worth checking out. Some even offer short selling on major coins. You may also like to check the market capitalizations and compare them to others listed there.
Where to find the most secure bitcoin exchange?
This is an important question to ask. Yes, putting the words trustworthy bitcoin exchange in the same sentence seems like an oxymoron, especially when remembering the shiny days of MtGox (aka Empty-Gox). While the bitcoin protocol has never been hacked, many peripheral businesses have. Perhaps the best question to ask would be: which are the least secure bitcoin exchanges. Generally, those listed here are optimum and of good standing, but please proceed with caution. Remember never to leave more btc online than you can afford to loose.
Please come back to my blog and rate which ever finest site(s) you chose to buy BTC online. This helps future visitors immensely.
For in-depth discussion: listen to Andreas Antonopoulos on the LetsTalkBitcoin podcast, and check out r/bitcoin.
The best bitcoin exchanges in 2017:
Coinbase.com
Coinbase combine an attractive interface, a great site to get bitcoins with a debit card, and multiple online wallets for your digital currency. Over 4,800,000 users are signed up, including 45,000 merchants, and 9000 developer apps. Works well for European, American, & Canadian customers. I’ve also written a comprehensive Coinbase review for more detail.
Pros
Really easy to use
Lots of long-time customers
Online wallet available
Cons
Slightly more work needed when verifying account
Localbitcoins.com
Localbitcoins is quite a popular for p2p (person to person) transactions all over the world. Simply put, you interact directly with the guy selling to you. Out of all the bitcoin sites listed here, this is one of the first and most reputed. Escrow and dispute resolution is provided by the site.
Pros
Great way to meet people
PayPal also available
No verification needed
Popular in most countries
Cons
May take longer to conclude transaction
Risks associated with anonymous transactions
Some bank accounts have been suspended after receiving money
Cex.io
CEX is one of those international bitcoin exchanges accepting euros, British pounds, US dollars, Russian Rubles, and Ethereum. Needless to say, CEX is very popular within those regions. There is a no-nonsense landing page, giving you the option to buy or sell 100, 200, 500, or 1000 USD worth of Bitcoin. I like the transparency given to users about how much they will actually pay – even before they sign up. With the best security practices, a modern and simple user interface, and both bank transfer & credit card purchases, CEX is indeed a good European alternative to Coinbase.
Pros
Bank transfer and credit card deposits
Very easy to use & great for beginners
Users know how much they will pay before even signing up
Buying and selling Ethereum is available
Cons
Recently Litecoin was unlisted
Poloniex.com
Poloniex definitely is the best cryptocurrency exchange. Why? Well firstly because of the sheer amount of users that flock here to trade their altcoins. Poloniex has been through extremely fast traffic growth since the demise of its rival Cryptsy in 2016, and especially since the recent altcoin bubble of early 2017. Traffic has grown from 7 million monthly visits in February 2017 to 30 million in May 2017. Secondly, Poloniex has the nicest trading interface out there, both for mobile and desktop users this will work wonders. Please note that because Poloniex is a pure “crypto” exchange, it is not possible to deposit government (fiat) currency. You’ll need to first buy bitcoin elsewhere, and then deposit it to be able to tade. I’ve written a full analysis of Poloniex, further exploring the founders, users, security, fees, history, and alternatives.
Pros
The most popular crypto exchange
Good margin trading (up to 4x) available on largest altcoins
One of the best trading interfaces for mobile and desktop browsers
Has the best volumes for all major altcoins including Ethereum.
Cons
Not possible to deposit fiat currency
Kraken.com
Kraken is becoming a reputed bitcoin broker, with many markets served. Europeans love it just as much as Americans because they work well through SEPA, have an easy verification process, and are very knowledgeable when it come to cryptography and security. As of early 2017, this platform has been re-positioning themselves as a crypto exchange by adding multiple new altcoins. Update: I’ve written an in-depth Kraken review with everything you need to know.
Pros
Cryptographic communications
Cheapest rates for trading, depositing and withdrawing
works well for Europeans and North America
Cons
Site not as visually intuitive
Bisq.io
Bisq (aka “Bitsquare”) is not to be missed for the more technically advanced. A decentralized p2p platform that keeps you super safe. Over 60 crypocurrencies can be traded and you can even purcahse btc using a bank transfer, escrow, & trusted 3rd parties.
Pros
Incredibly advanced (technologically)
p2p AND decentralized
Trusted escrow system for bank transfers
Cons
Advanced level of IT comprehension needed
GDAX.com
GDAX is great for technical traders and offers good liquidity. Deposits are in USD and can be processed just as rapidly as withdrawls. Also happens to be the best ethereum exchange for serious players in this space.
Pros
An integral part of the trusted Coinbase brand
Optimized to be a serious trading site
Cons
More ID processing steps than on Chinese trading platforms
Bitstamp.net
Bitstamp are big in Europe and, since 2011, have moved from Slovenia, and the United Kingdom in search of sound regulatory environments. Good volumes are available for larger trades. Well received by people using SEPA and credit cards. Both euro and US dollar deposits are accepted. I like Bitstamp because they really focus on being a pure bitcoin-only exchange (update: since 2017 Bitstamp have started adding popular cryptocoins). Please read my Bitstamp critique for analysis of factors such as security, fees, and the history.
Pros
Card purchases available (visa mastercard and visa) in Europe and the USA.
HQ Located in Luxembourg
Good for large transactions yet easy to use for beginners
Cons
Not available outside of EU and the USA
Paxful.com
Paxful get over 2 million monthly visits, with 50% originating from the USA. It’s a peer to peer Bitcoin marketplace connecting buyers with sellers similar to the one above. Over 150 payment methods can be used. Impressive.
Pros
Hundreds of payment methods
p2p (person to person) – similar to Localbitcoins
Cons
Higher fees than elsewhere
CoinATMradar.com
CoinATMradar provide a global map of bitcoin ATMs. This allows you to use cash to buy in person at a physical machine. This is one of the most underrated means of purchasing with no verification of ID, and allows users to stay anonymous with over 869 ATMs srpead over each continent.
Pros
Find bitcoin locations near you
No ID needed in some cases
Explains how a bitcoin atm works
Cons
Not always possible to find a machine nearby
You’ll have to leave your house!
Bitmex.com
Bitmex is the leading bitcoin margin trading site. Users can trade cryptocurrency derivatives with up to 100x leverage. Pairs include BTC/USD, Yen, Monero, Ripple, Dash, and Ethereum. Bitmex CEO Arthur Hayes has used his experience as an equity derivatives trader for Deutsche Bank to design, build, and maintain exactly the type of platform that users are looking for. Granted that this platform is for experienced and seasoned traders. Beginners should avoid trading coins here without knowing the implied volatility risks.
Pros
Leading platform for bitcoin derivatives and margin trading
Great and functional user experience throughout the site
Up to 100x leverage
Cons
With such high leverage it’s easy to overlook implied risk factor
Leave a Reply
268 Comments on "The Best Bitcoin Exchanges"
I am a Chinese beginner,and i do not know much about Bitcoin. can u recommend a best way for Bitcoin Exchange for Chinese beginners?and what is currency wallet?is it a way for trading?like Paypal,Visa and so on.and can we sign up the currency wallet at mobile phone easily?
I would suggest to also include xCoins.io in this list, it is one of the exchanges that allow you to buy Bitcoin with PayPal as well as credit card and back account. You will get discounted fees if you apply a code when signing up.
We had them listed for a while, but as a paypal to bitcoin exchange, they haven’t got very good reviews online – so I removed the site from my ranking.
On Poloniex is known for holding money. COINBASE holds bank transfers to wallets for 7 days. Bitfinex is leaving the U.S. market and Kraken can’t handle it’s rush hour traffic. I have problems submitting orders 75% of the time and, its so backlogged limit orders don’t buy/sell when the cost is established.
Nicely put. As you say, the on/off-ramps to the cryptocurrency eco-system are having their early teething problems. All we can do is try our best to use the most professional service out there.
Update Coinbase moved to London, has terrible customer service, charges high fees and 5% over market.
Hi Pamela, nicely spotted Coinbase have opened a London office to better serve their very large EU market (and to better compete with Kraken).
What about Huobi?
Good work with the recent update! Some of these new sites are super trendy: Binance (soon to be decentralized exchange on Ethereum), Bithumb (largest in South Korea), Bisq (the new name for bitsquare). I love the work you’re doing by updating this page regularly. It’s very helpful for the community and for beginners searching where to buy their first bitcoins.
June 2009 1 Bitcoin = 0.0001 USD
June 2010 1 Bitcoin = 0.07 USD
June 2011 1 Bitcoin= 15 USD
June 2012 1 Bitcoin= 7 USD
June 2013 1 Bitcoin = 100 USD
June 2014 1 Bitcoin= 600 USD
June 2015 1 Bitcoin= 220 USD
June 2016 1 Bitcoin= 2200 USD
June 2017 1 BTC = 2694 USD
Now current rate of bitcoin
2 sep 2017 1 btc = 4839.02
This is so true. Where was I in June 2010… in a college dorm spending all of my money on budweiser. Had i known, I would have built the best and largest bitcoin exchange in the world. Now would I be a rich and powerful man. Yes – that’s you Coinbase!
Which is a best bitcoin exchange to buy Bitcoin as investment and sell on a later date then to get the money to VISA card (for buying and withdrawing fiat currency)?
For the best credit card withdraw bitcoin exchanges you can use CEX or Coinbase – both work in most countries.
How can I purchase Bitcoin, Ethereum, or Litecoin with Trinidad and Tobago Dollars? I would like to purchase with TT Dollars if possible.
To buy BTC from smaller countries such as Trinidad and Tobago I’d recommend using the Localbitcoins p2p exchange. It’s the best for finding local sellers/buyers anywhere around the world in your local currency. Once you have your BTC, you can then withdraw and use a pure cryptocurrency exchange like Poloniex to get ETH or Litecoin. Good luck
what is the best bitcoin exchanges in Kuwait ?
All the verification processes ask for a drivers license – if I don’t have one, how do I get passed this step to start buying my bitcoin?
You can buy bitcoin anonymously through Paxful.They have over 300 ways you can buy bitcoin.
You can also check Coinsrex for list of more sites where you can buy/trade bitcoin and altcoins.
Not all ask for drivers license. Most exchanges will ask for an copy of your ID (passport, national identity card etc)
where is the most safety and largest bitcoin exchanges in dubai ???
please, recommend me crytocurrecy exchanges in dubai.~~~
For Dubai I have heard that bitoasis works well. It’s the largest exchange for the middle east and africa
I am using Coinbase and can’t get past the ID Verification. I’m trying to buy more bitcoins. They don’t have a phone and haven’t answered my Emails. Let me know how to get past the ID requirement so I can buy more. Thanks
ID VErification needs a good quality pics for front and back of driving license or ID. Make sure you have them. That should work. Else their customer support is very good. They have a chat bot which answers most of the questions. Else you can contact them via email. I typically get their response in less than 2 hrs
Sorry, I don’t work for Coinbase and therefore can’t help you with website-specific issues. Feel free to use any of the Coinbase alternatives listed above. My favorites are CEX and Coinmama.
Is the an exchange that deal with bitcoine, that I can trade through TD Ameritrade?
Please explain further
thanks for the post. are any of these exchanges backed by a publicly traded company?
Some exchanges are backed by large institutional investors, but most aren’t.
Coinbase has the most impressive investors, including some publicly traded companies – Andreessen Horowitz, Bank Of Tokyo – Mitsubishi UFJ, BBVA Ventures, Y Combinator.
how can i know which site trading which currency, lets say i wanna buy monkey coin … where could i possibly buy???
Yobit is usually your best bet for monkey coin You could also check Poloniex, Bittrex, or Kraken (ie the sites marked as “cryptocurrency exchanges” in my list). I’ve no way of displaying constantly updated available trading pairs for each platform as this would take me more time than I have available! Sorry
I like this post. Some points I would like to say though… Coinbase is an A+ trust score but GDax is a B+? It’s the SAME COMPANY! WHat’s even better is that Coinbase is built ON TOP of GDax so it could not be possibly any safer than what it’s built on.
Always great to hear feedback As I mentioned in other replies (and also in the table headers) the “Trust Score” is base on the general user feedback coming from bitcoin trading & community forums.
Hi Alex, I live in Hawaii. Coinbase left due to our state regulators requiring they hold assets equivalent to trading. What are my options for trading other than p2p?
it boils down to management. some of the sites out there are just in business because the feel and think the will earn lot of money without doing much work. The only ones that are ready to support their users quires will remain the best. other will eventually fade away.
Thanks for pointing this out as it will help both content creators and the thriving crypto companies
Can you explain how is the Trust Score being calculated?
It’s an overview of what people are saying (positive vs negative reviews) on forums like bitcoin talk or the /r/bitcoin subreddit. The gives the reader a quick glance at how an exchange might be “trusted” by users voicing their opinions online. Though the reader must do their own research and due diligence before committing to an exchange.
What would be a good exchange to buy coins with credit card? Not Coinbase, I would like to see more coins and use credit card to buy and sell to back account?
Changelly is a market leader for buying altcoins using a credit/debit card. It’s also the only cryptocurrency exchange to offer purchases through fiat funding (government currency)
i have also bought and sold bitcoin through a site called remitano
yes, I’ve been following the progress of Remitano and it looks like they’re growing nicely. Perhaps their service could one day challenge the likes of Western Union for international money remittances.
Have you ever or how possible is it to buy on one exchange and immediately sell on another exchange and make a profit. Some might call it arbitrage
as far as you are not going to loose or intending to loose it can be fast
Anything in Canada?
Coinsquare is good too 0.2-0.4% fees instead of flat 0.5%
QuadrigaCx for Canada
Thanks a million for all the information! What do you think the exchanges will do and how will they react for the upcoming segwit event? Would it be even conceivable that there would be a chain split? Should be interesting to see which exchanges list which coin if BTC splits into two separate crypto tokens.
I don’t like to make gambles on how things will play out. What we do know is that most exchanges are publicly voicing support for BitcoinCore. Recent news has shown that miners are agreeing on Segwit – which makes a coin split even more unlikely. Here’s the full article: https://www.cryptocoinsnews.com/bitcoin-chain-split-hard-fork-not-likely-miners-agree-segwit/
Great info, I’m a newbie and this helped me a great deal.
Hi, did you remove the cex.io recommendation? I do not think she’s on the list anymore, I wonder if there’s any reason.
Update: CEX was temporarily removed following certain delays for support tickets & new user verifications. I have been following the situation closely. CEX will be doubling their support and compliance teams – they have released an update on the progress: https://blog.cex.io/news/lifting-ticket-verification-systems-cex-io-16228
Look, I really like the work you’re doing with ranking all the best bitcoin exchanges. Though here I think you are falling behind: Cex has not been responding to customer emails for weeks and weeks. Worst of all Cex is no longer sending out customer money! They have frozen so many customers funds. We need to spread the word and organize a class action law suit. I have over 100btc that they stole from me and cannot access it because my withdraw has disappeared. Cex.io are thieves.
Most professional traders stay very clear from Cex by now everyone should know this. Please help spread awareness.
Please keep me updated on the progress of this. I’m starting to get reassuring replies from CEX admins & support. It looks like they really are just overloaded from the past month’s influx of new users. Sudden popularity is no easy thing.
Okay so it might actually have been a heap of new users slowing things down (as you said). As of today, they’ve released my funds. I’m all reassured and happy – received everything owed in mu bank today I might use Cex again, but probably Kraken is best for large amounts
It’s not just Support issues and new user verifications, they’ve been holding lots of customer’s funds hostage (including my ~$9k for 33 days).
You can follow this here https://www.trustpilot.com/review/cex.io
If you’re reading this and haven’t used Cex yet, then better not!.
Thank you for your information.
Do you know of any reputable exchanges that serve Trinidad and Tobago?
For Trinidad and Tobago try LocalBitcoins
Is it legal to use Bitsquare.io since it runs overTOR?
Use of Bitsquare and Tor are perfectly legal in most countries. I’m not a lawyer, sorry
This article is a stepping stone. I have a confusion however,..
I am from Nepal so, there are not much services available currently. Going through exchange process itself is a real pain. The question is do you have any basic rules that you would follow while trading/exchanging online/offline for interested investors like us? Do please share with us! It would be a great help.
Nepal is certainly a less served country in terms of available exchanges. My main rules for trading are: never keep you coins on the exchange longer than necessary, and use safe storage means (offline wallet with backups). Finally, rule number 1: never invest more than you can afford to loose.
Trading crypto in New York has proven to be difficult. Any suggestions on how to trade or buy some of the less accessible crypto’s like rep, xrp, etc…?
I think Poloniex does not allow New York IP addresses or registrations. For trading altcoins when you are based out of New York there is Yobit exchange (based in Russia) which is a good alternative to Poloniex
What about using a VPN? Would that work?
VPN will work for trading and registration but to get your money out might very difficult. it better to be safe than sorry.
I haven’t tried this because I don’t live in New York. For large trades & withdrawals I’m assuming you would have to submit address verification documents. This might be an issue if your address is within the state of NY.
Any good sites for AUD . I’m. Struggling to find one. Coinba see is my first option but I’m. till waiting to verify my credit card.
BTCMarkets
Coinspot is small ( so trades are small) but I feel safe. It is very functional and a real Australian person calls you on the phone to do the validation which is comforting after the month or so poloniex took to get on.
Although slightly difficult because of withdrawals, I am using Coinbase. I am also in Australia. I am getting a hardware wallet to store the coin in so I can access it easily. Cannot withdraw from Coinbase without closing the account, but can send to a wallet as I understand it – someone here may be able to advise if what I have understood and said is incorrect.
Only problem I ever had with withdraw from Coinbase is time from hitting withdraw and when funds appears in actual bank account. Same with multiple purchases of different coins in short time span. Funds for purchase came out of bank account within minutes, but coins not credited to account for almost 2 weeks. Coinbase did give notice when would be credited to account, but that was after hit purchase button. If was trying to do fast turn around, because price went way up, would not have been able to. When did get coins price was lower, held until came back up, but messed up my strategy, and profit margin ended up much lower. That is only issue I have had with them, amount of time between purchase and allocating coins to accounts, and time between withdraw and when funds arrive in bank account.
CEX and Coinbase are notoriously slow for fiat (government currency) withdraws and ID verification. Seeing how user-friendly these bitcoin exchanges are, any delays are most likely caused by the millions of beginners currently signing up and wanting to trade immediately on these sites. They’ve been recruiting extra support agents to speed up the process, so let’s see how thing evolve. Alternatively you could simply withdraw any BTC that you have stored on their exchange, and deposit it somewhere else that facilitates faster withdraws/verifications (Kraken or Bitstamp for example).
Yes I’ve listed a site for AUD (Australia) in the list above.
Thanks for the succinct advice about Bitcoin Exchanges. I am a complete novice. Today Signed up for an account with Coinbase and was verified. However I was unable to finalise the account. Robotic Chat assistance no help and no email support address to send queries. Not sure how to proceed or whether to try sign up with a different site. Any suggestions?
Coinbase is great for novice users. At the moment their site seems to be flooded with new accounts. Coinbase support and even their servers have not been able to keep up with these new volumes. Give them some time to restore their service levels to what they used to be.
That said, I do recommend you sign up to multiple exchanges. Doing so will allow you to test which place you like most. For suggestions of Coinbase alternatives suited to novice users, check the table at the top of my article. Finally, use the “beginner friendly” column to find a bitcoin exchange that is adapted to your skill level.
Coinbase don’t warn Canadians that they can’t anymore provide sells from BTC to CAD before you verify your bank account. And they have no excuses, because before verifying your bank account you have to verify your ID so they already know that you’re a Canadian resident ! There are other platforms for Canadians (Kraken, Quadriga, …)
Just because you have Canadian ID it does not mean you live in Canada. My cousin owns a house, bank account, and has a family in the UK – but is 100 percent Canadian.
Hi, I am a beginner. I want to buy ripple and a few of the emerging coins. How can I do that, without having to trading ether or bitcoin? And What are these platforms?
Thank you
You can try Shapeshift. Users don’t need an account to trade, and crypto to crypto trades are possible (without having to use Bitcoin)
Hi, been researching for some time. Looking for some specific details for application in developing countries. Any ideas with regard to who I can talk to that has a good background and knowledge around the actual platforms, etc.
There are several exchange that serve developing countries. Scroll through my list to find the largest of these. I don’t actively track smaller exchanges right now.
Hi, im searching for a good wallet and the best exchanger to do trading business with BTC, i live in the ph coinbase doesnt support our country therefore i’m having a hard time choosing what wallet and exchanger i should choose since they highly recommend me for coinbase. so any alternative for me? best suggestion that you could give? maybe a wallet or an exchanger where i can link a paypal or paymaya account so i could easily make transactions. Thank you.
i tried Coinbase, kraken and Gemini with no success. My drivers license image cannot pass their verification test. My equipment (phone/pc) cannot produce a legible image. Can anyone suggest a solution for me?
I tried to get into coinbase for 4 months until i figured I had to request my bank to “UnFreeze?” hold on it to process a debit payment. Now Ive got to call everytime I want to add money to coinbase.
I had the same issue and had to set my bank account up on travel status to avoid this problem. It is because the IP address is from Europe.
have you tried using a friend’s phone to take the photo ?
Hi, am a new user based in London.
Looking for simple platform to buy/sell Bitcoin/Ethereum, with simple Deposit/Withdrawl in GBP by bank transfer. Can someone please suggest something suitable? thanks
Try localbitcoins it’s much safer and secure. Just incase things go wrong admin will settle the dispute
hi, my biggest interest with the cryptocurrencies is the liquidity. The personal experience of a few friends who used to be involved in this trade was that they had low liquidity converting whatever they made in these exchanges back to USD/Euro and they had to find services that accept BTC to actually spend what they had in the system. I’m wondering now if that was liquidity levels on the specific exchange they were using? Did this only happen in the past?
I noticed you did an excellent paragraph explaining how to convert what you put in BTC back to a real currency as well. Also, anyone’s personal experience from trading would be welcome
So much liquidity happens on the largest cryptocurrency exchanges . Just look through the above list (on bitcoinexchangers.org home page) – the top 4 are Coinbase (highest liquidity with GDAX), Poloniex (largest Ethereum Exchange), Kraken (largest bitcoin exchange in the EU), and CEX (excellent liquidity and good for beginner traders like me).
Hi, can anyone help me find best LIMIT ORDER platform for beginner like me?
What are you trading, bitcoin or just cryptocurrencies in general. For the latter there’s Poloniex which allows easy limit orders, and for the former you can try OkCoin, Bitfinex, Gdax. Kraken’s range of trading settings are coming along nicely with their recent acquisition of Cryptowatch.
You mention OkCoin, but it’s is not listed on this list?
This list is updated regularly to reflect the evolution of popularity and traffic to each exchange. For this reason, I’m continuously adding and removing sites, such as OKcoin, to keep things fresh.
You should add Coinhako for singapore & Malaysia audience ..
i was complete newbie into this mad crypto world … But coinhako approved my account in less than 30 hours and i transferred singapore dollars via my bank in 10-20 mins the account was credited and bought my first ETH crypto…
Then i transferred the ETH to poloniex to exchange into other alt coins that i wanted to get into
Thanks for the suggestion it will help Singapore and Malaysia users. My list only has space to review and rank the best exchanges out there. For now, Coinhako has too little traffic & reviews to be recommended here. I’ll be following it closely.
Coinlvr I asked the same on Bitcointalk lol
I am a beginner and have done research on crypto but some exchange sites are confusing to me. Which are the best sites to buy alt coins… ltc, rip, Eth, but also the ones that have potential Like dogecoin, nem, etc..someone answer please, I plan on starting this up this weekend and can use all the help I can get from any of you guys. Thank you
Poloniex is the best for bitcoin trading with altcoins
To buy altcoins you will need to use a cryptocurrency exchange. These are marked as such, where applicable, under the logo image of each site in the table.
Kraken have only 3.27..
Why it is on 5 position ?
The number you reference is merely a vote that anyone can leave. It should not be used as an indicator for actual customer satisfaction. Instead, I would highly recommend searching for reviews of Kraken online. It is indeed a very trustworthy site with a huge & growing user-base
I am waiting over a week just to get verified and no answer to my Support tickets for 6 days…..really bad Customer service and if you check Twitter it seems I’m not alone.
They appear to be overwhelmed but they should stop signing up new customers, very frustrating.
Has anyone signed up to a platform where you can buy altcoins and also use FIAT currency?
Don’t forget they have just had over 40,000 new members sign up in the last 30 days. Their support teams are very rightly-so overwhelmed by the influx of new users. I’d say a couple more weeks and they’ll have time to hire new agents to get things moving smoothly again.
I have successfully set up a wallet and opened a account with Coinbase.
I’m a beginner as well. Does Coinbase offer many types of crypto buying?
On Coinbase you can trade Bitcoin, Litecoin, and Ethereum
I only see BTC and ETH on my Coinbase iOS App, any hints how to get Litecoin to show up?
When I joined Coinbase, Litecoin just showed up automatically. I didn’t have to do anything.
This question is best asked to Coinbase support, on their twitter @CoinbaseSupport, or on the /r/Coinbase subreddit. Bitcoin and Ethereum are the main two trading pairs. Perhaps you’ll have to buy/deposit Litecoin first (from a web browser).
Hi. Iam from Costa RIca. Can you advise what platforms support my country?Thank you
I would try Localbitcoins or Coinbase. Has anyone here purchased from this country?
In this list of sites to buy bitcoins which place is easiest for newbies like me? I’m gonna use my card to get 5k worth.
Lowryder
Did you successfully purchase 5k worth of coins in one go?
Which coins?
Which exchange?
What was the verification process like?
Do share your experience. …I am in the UK.
Check the “beginner-friendly” column for sites that suit your level of experience. There are a couple of good options.
I just set up with Coinbase. It’s pretty easy and everything works.
Hey Guys!
I’m from Hawaii. I just read an article that Coinbase is restricted in doing business in Hawaii.
I’d like to find out from other Hawaii-based clients what you are using as an exchange.
If you are someone who wants good customer service and to trade bitcoins then you should use Xcoin They don’t lock your account and ignore your emails. If you have an issue a person response to your problem, not an auto reply. They even help you get back lost profits from PayPal fraudsters. This Xcoin is the model for how Bitcoin could be if it was done right.
Really ? I’ve never heard of Xcoins before and I’ve been in bitcoin for many years now. Who are they, how long has it existed for ? Who is the CEO ?