Most cryptocurrency exchanges in the 2018 ranking are English-speaking, which may cause some difficulties for beginners when familiarizing themselves with the operation of the interface. Monetizing BTC is possible mainly only in USD, although some exchanges allow you to withdraw earned cryptocurrency in rubles. To work with them, you must have at least an initial level of English and have access to electronic money systems (for example, Webmoney or Yandex.Money).
Comparison of cryptocurrency exchanges
Stock exchange | Shopping couples | Trading Volume (BTC) | Languages | Year of foundation |
---|---|---|---|---|
Poloniex | 90 | 236093.0139 | English | 2014 |
Kraken | 49 | 171911.0468 | english japanese | 2000 |
Bitfinex | 23 | 78753.3688 | Russian, English and Chinese | 2012 |
Bittrex | 202 | 53265.0588 | English | 2014 |
Bitstamp | 6 | 40519.6586 | English | 2011 |
Btc-e | 27 | 23533.8155 | Russian, English, Chinese | 2011 |
OKCoin | 2 | 20750.5765 | english chinese | 1999 |
BTCChina | 3 | 20138.9263 | english chinese | 1995 |
Livecoin | 182 | 6669.64 | Russian English | 2014 |
HitBTC | 70 | 4668.4418 | English | 2011 |
CEX IO | 2 | 3671.4202 | Russian and 5 more | 2013 |
Yobit | 648 | 3069.9216 | Russian, English and Chinese | 2014 |
Exmo | 16 | 2367.9741 | Russian, Ukrainian and 9 more | 2002 |
C-CEX | 231 | 405.2946 | Russian, French, English and Chinese | 2013 |
Bleutrade | 81 | 135.9089 | English | 2013 |
Kuna | 2 | 30.9795 | Russian, Ukrainian and English | 2014 |
Bitkonan | 2 | 2.9892 | English | 2013 |
Indacoin | 2 | 1.0241 | Russian and 4 more | 2013 |
Cryptocurrency exchanges can be considered a kind of trading analog, like Forex. Each participant, making real money, can perform operations on analyzing rates for electronic currency, receive signals, sell and exchange bitcoins and other popular types of cryptocurrencies for real money. For beginner miners who want to try their hand at this type of earnings, we offer a list of cryptocurrency exchanges where you can get a successful start and, having filled a couple of cones (they are inevitable for all beginners), start making real money.
10. HitBTC
Closing the top 10 cryptocurrency exchanges of 2018 is the fairly popular English-language crypto exchange HitBTC, which appeared in 2011. Last year, the trading volume on this site amounted to 4668.4418 BTC. The exchange works with 70 trading pairs, which allows experienced miners to make good money by placing orders for several types of cryptocurrency at once.
The advantage of HitBTC is the ability to try out trial mode. This will make it possible to secure the deposit of a new participant until he delves into the work algorithms and feels confidence in his abilities. The system has a blog where you can learn the key points of cryptocurrency trading from the “teapot” level.
9. LiveCoin
A significant advantage of this exchange is multilingualism: in the upper left corner you can set the interface language by choosing any of the nine languages of the world, including Russian. There are also training videos that allow novice miners to learn the basics of working with cryptocurrency and the analysis of orders on the exchange. Opening and replenishing an account is quite easy: LiveCoin works with several electronic money systems, including Payeer, Capitalist, Wire Transfer. Dollars and other currency in electronic form are credited with a commission of 4.5 to 8%. Cryptocurrencies such as Bitcoin, Dash, PeerCoin and others can be entered and exchanged without commission.
For beginners, a brief illustrated instruction “Where to start” will be useful, where a simple language explains how to work with the exchange (deposit money, place bets, buy and sell cryptocurrency and withdraw money earned).
A feature of the exchange, which some miners consider a drawback, is another visualization of the market overview in the form of tables, not charts.
8. BTCChina
This is one of the oldest exchanges that appeared in 2011. Currently, the trading volume is 20,138.9263, the number of trading pairs is 3. BTCChina is a Chinese crypto exchange, which until recently was considered one of the largest in the Asian market before the introduction of regulatory laws in China. Today BTCChina has lost its leading position. The peculiarity of this exchange is a relatively small list of available cryptocurrencies - BTC, LTC, ETH, ICO and BCC. On the one hand, this is a limitation, but on the other, it makes it easier to navigate the information thanks to a consolidated dynamic table on the site. Offers users a convenient mobile application.
7. OKCoin
Another bilingual exchange (Chinese and English) with a fairly high trading volume of 20,750.5765 BTC, allowing users to work using a mobile application on the IOS and Android platforms. It also offers desktop programs based on Windows and Mac.
The main advantage of OKCoin is the ability to quickly exchange and withdraw BTC to USD, as well as the option of instant access to your personal account using a QR code.
Otherwise, the functionality complies with the standards of cryptocurrency trading: a summary table of charts (Charts tab) that reflects changes in orders for the main BTC, as well as other effective tools for analyzing the market situation.
6. BTC-e
In the popular Russian cryptocurrency exchanges in the ranking of 2018, BTC-e is included. This is one of the most visited cryptocurrency exchanges among Russian and Ukrainian users, as All data is displayed in Russian. Chinese and English interface languages are also available. The number of trading pairs is 27, the trading volume is 23 533.8155 BTC. It is rightfully considered the best for beginner miners: there is an extremely simple registration, as well as the ability to communicate between participants in real time.
The main advantage of BTC-e over other rating exchanges is the best cryptocurrency exchange for the Russian ruble, as well as the relatively low percentage of commission when converting to dollar.
The main drawback of BTC-e is the lack of tutorials and other educational information, but live chat with other participants compensates for this. The VTS-e website also has a 24-hour support service that will allow you to get operational advice and an answer to a question about working with cryptocurrency.
In August 2017 was involved in a scandal: the United States imposed a fine of $ 110 million on BTC-e, the site was blocked, accounts were arrested, and Alexander Vinnik, the co-owner of the service, was detained. Despite this, the press service of the exchange said that it would fulfill all its obligations to customers to pay money, and after the completion of the proceedings, it would return to normal work.
5. Bitstamp
This is an English-speaking exchange working with six trading pairs. Due to the high trading volume - 40,519.6586 BTC - it is in the top five in the ranking of the best crypto exchanges. Bitstamp is included in the global reliability rating of cryptocurrency exchanges due to the presence of official accreditation in the EU.
A key advantage of Bitstamp is the availability of an official online trading license issued in Luxembourg. As the first licensed BTC exchange system, Bitstamp offers the ability to enter a user's personal funds using credit cards. The website claims absolute transparency in accepting orders based on the volume of working capital, as well as the security of cryptocurrency storage without risk of loss. Another advantage is the ability to download a mobile application on the iOS and Android platforms.
Among the disadvantages of Bitstamp is the lack of support for Russian-speaking miners: all information is provided only in English.
4. Bittrex
This exchange is also among the world leaders in terms of cryptocurrency exchange volumes in the world. Despite the fact that it supports a large number of trading pairs, in fact, only Bitcoin can be withdrawn into real money, which leads to the loss of earned funds during the conversion process (average commission is 0.5%).
Among the disadvantages of Bittrex is the lack of support for the Russian language, as well as a rather complicated interface. Despite the rather large trading volume - 53,265.0588 BTC - a relatively small number of users who rely on less popular types of cryptocurrency earn here.
3. Bitfinex
https://www.bitfinex.com/
Closing the top three among international cryptocurrency exchanges is the multilingual exchange Bitfinex, which supports 23 trading pairs. Currently, the trading volume is 78 753.3688 BTC. Advantage, support for three languages - English, Russian and Chinese. Bitfinex positions itself as a leader among cryptocurrency exchanges where you can work with the main types of cryptocurrency - Bitcoin, Zcash, DASH, ETH and others. Conclusion - only in USD.
Among the key advantages of Bitfinex is a quick registration, a convenient interface with a demonstration of dynamic data on the situation on the cryptocurrency exchange. There is the possibility of more detailed visualization of the order position, as well as easy bid management using the application for smartphones and tablets.
On the Bitfinex website there is a demo version that allows a newcomer to quickly get in the course of business, having secured their deposit.
2. Kraken
https://www.kraken.com/
It is a confident leader among the best international cryptocurrency exchanges working with 49 trading pairs. The trading volume is also impressive - 171 911.0468 BTC. Kraken is well-deserved among miners from around the world. Despite the lack of a Russian-language version of the platform, Russian-speaking users positively assess the convenience of using the exchange.
Among the benefits of Kraken are:
- low commission for withdrawal;
- high level of security of the deposit;
- round-the-clock information support;
- the ability to automate the strategy of the trader;
- the presence of a mobile application for iOS.
Due to the possibility of automated work with orders in the system, Kraken in many ways resembles the popular Forex trading exchange. Thanks to it, many newcomers master not only analytics algorithms on the crypto exchange, but also delve into the principles of working with the main stock exchanges.
1. Poloniex
The undisputed leader among international cryptocurrency exchanges is the English-speaking Poloniex. This is the best cryptocurrency exchange in 2018, the leader in trading volume (236,093.0139 BTC), working with 90 pairs for exchange.
Poloniex is considered the most popular exchange in the world, where miners get the opportunity to earn on sales and exchange of cryptocurrencies - a popular and less popular one. Thanks to the high reliability of the system, Poloniex has gained the trust of over 45 thousand active miners.
There are relatively few drawbacks, the main one being the inability to replenish the deposit in regular currency, as The site accepts only cryptocurrency. The second minus is an exclusively English-language interface.
Important! Due to the high popularity of the exchange, Poloniex has a large number of phishers - scammers stealing data from users' personal accounts. But the system also does not stand aside and protects its users, developing new ways to track suspicious trading operations. Upon detection of strange and uncharacteristic movements on the platform, it blocks the deposit and does not allow you to perform any operations until the circumstances of the account user are clarified. Thanks to this, Poloniex is one of the most reliable cryptocurrency exchanges, despite the activity of hackers.
These were the largest and most popular cryptocurrency exchanges according to the 2018 rating. Most of them are available to users from Russia, Ukraine and other CIS countries, although some of them fell under the ban of Internet providers after the adoption of the law of Ukraine on blocking a number of sites for reasons of state security. Every user with access to electronic money systems can learn how to work with cryptocurrency and earn money on it using leading online exchangers. There is always a certain risk to go into minus (most beginners are faced with this), but having mastered it, any user with average analytic abilities can start making money.