As you know cryptocurrency is a digital asset and designed for the purpose of exchanging digital info. In order to make this crypto exchanging, cryptocurrency services are used. Cryptocurrency exchanges allow customers to trade cryptocurrencies or digital currencies for other assets. There are two main types of exchanges that we will discuss in this guide. The first is called fiat exchanges. These exchanges allow the direct conversion of government-backed currencies like US Dollars into cryptocurrency. The second type is called cryptocurrency to cryptocurrency exchanges. Our aim is to try to help you find the best cryptocurrency exchanges. Depending on what cryptocurrency you are trying to obtain, you’ll need to use certain exchanges like bitcoin.
Our page will try to help you decide on which exchange to use. Since each user has unique needs, there is no one size fits all for exchanges. ıf we take bitcoin exchanges for an example; to give you a guide on best bitcoin exchanges, we are doing a research on supported countries, payment methods accepted, reputation, customer support and any past issues. Here you will find the most trusted cryptocurrency exchanges. a list of cryptocurrency exchanges where we get into more detail on each exchange and highlight the top rated cryptocurrency exchanges.
If you are ready, check out our guide on cryptocurrency services reviews (2020). Here we tried to compile bitcoin exchange reviews depending on reputation, deposit, transaction and withdrawal fees, geographical restrictions, exchange rate differences and what payments methods are available. After we see the differences we compile the overall information and create cryptocurrency exchange reviews. In order to help you what platform to choose, we regularly check on cryptocurrency exchange complaints and compare cryptocurrency exchanges. When you check on our trusted cryptocurrency exchanges reviews you won’t regret.
Cryptocurrency exchanges offers are means to cater to a larger crowd. To do so, they may give promotional effort to entice users. Although it is fairly common for people to actively trade Bitcoin and cryptocurrencies across multiple exchanges, an extra incentive as cryptocurrency exchanges promos are always welcome. Some platforms give cryptocurrency exchanges bonuses as a campaign, some use promotions to introduce themselves to new traders. Below you will find best bitcoin exchanges promotions all of which are quite appealing.
Exchange services use promotions to get more traders to their platform. while there is no pattern for the bonus types of cryptocurrency exchanges, some incentives are commonly used. Here we will try to explain you the two of them— the most common bonuses of the cryptocurrency exchanges.
The first one is initial exchange offering (ICO). IEOs, as the name implies, have a crypto exchange platform as its middleman or fixer. The trader doesn’t hand money to the developers, but to a crypto exchange which is partner to them. In exchange, rather than the project team awarding you some tokens directly, you now get them from the crypto exchange platform.
Another promotion is called Airdrop. Airdrops can be defined as the process where a cryptocurrency enterprise distributes cryptocurrency tokens to the wallets of some traders for free. This can be comprehended as a welcome bonus. There are basically two major types of airdrops; the ones that come as a surprise and the ones that are announced beforehand.
You can check out the bonuses from exchange platforms right here!