As cryptocurrency catching popular attention, a number of exchanges have appeared to provide services where a buyer or seller can receive or sell Cryptocurrencies like Bitcoin, dogecoin, litecoin, Ethereum, ltc electrum etc. Needless to say Cryptocurrencies are gaining momentum faster than anybody initially thought and so does the cryptocurrency exchanges.
Moreover, as people around the globe have already started talking about Cryptocurrencies like Bitcoin and litecoin, thanks to many new startups, even non-technical people are able to purchase them these days from cryptocurrency exchanges. If someone searches for «Best cryptocurrency exchanges» hewill get overwhelmed with the options available.
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However, this exclusive article will guide the users how to pick one of the top cryptocurrency exchanges around the globe to do business with. Needless to say most of these exchanges accept money by wire transfer & the best part is,the users can use them from any part of the world. The Cryptocurrencies bought and sold must however be legal in that country.
Some Popular Cryptocurrency Exchanges
Coinbase is one among the most popular cryptocurrency exchange that delivers best in the industry exchange services for the users. It is probably the most popular company today for buying Bitcoin. Founded in late 2012 as a part of Y-Combinator and until today has raised many million dollars in venture capital and considered by many the leading name in the industry.
Interestingly, there are two ways someone can buy cryptocurrency from this exchange i.e. one is through the wallet and the other is through the Coinbase exchange. When the user buyscryptocurrency through the Coinbase wallet he is basically buying the Bitcoin from Coinbase itself, whereas when he uses the exchange he is participating in a trading with other users.
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CoinMama, Another Cryptocurrency Exchange to Trust
A lot of users around the world trust CoinMama for various reasons; one of them is that it can be relied upon. This is another veteran Bitcoin broker working in the market since 2013 and ever since then it has seen tremendous growth. It offers easy ways to buy Bitcoin with credit cards or cash deposits via MoneyGram and Western Union.
There are various pros from it; for instance, it accepts credit cards, fast transaction time, great user interface. Though high exchange rate and average customer support can dampen its attraction, it has excellent track record delivering quality services and gain customers' confidence.