Top 5 Bitcoin Exchanges

There are many companies around the globe that allow investors to trade bitcoins. However, most of them are spam and there are only a few that are legitimate. Here are some of the best companies in the world for people looking to sell or buy bitcoins.

Bitcoin exchanges1. MT.GOX

MT.GOX is one of biggest bitcoin exchanges in the world. The exchange allows individuals and companies to exchange bitcoins with people around the world in their local currencies. The platform is intriguing, reliable and you can start selling or buying bitcoins in few simple steps.

MT.GOX will wire USD to any bank across the globe. If you buy exchange 100 USD for X number of bitcoins, the company will charge you 0.6% interest.

2. BitStamp

BitStamp is ranked 3rd in the world in terms of volume and is an exceptional exchange to buy or sell bitcoins. The buying and selling process is so simple. All you have to do is open an account, verify the account and subsequently, load that account with bitcoins or dollars.

If you opt for instant sell order, your bitcoins will by automatically be sold against highest price offered but you can also set the price of your bitcoins by placing a “limit sell order.” The BitStamp will charge you 0.1% deposit fee in all cases where minimum deposit is $15. Your bank account is credited with funds within 2-5 business days. Furthermore, they also take 0.20%-0.50% commission on each trade depending upon your monthly trading volume.

3. Coinbase

Coinbase is also included in the top 3 Bitcoin exchanges in the world. You just need to connect your bank account to them and start selling or buying bitcoins within minutes. The company stores almost 97% of customer funds in offline bank vaults in order to eliminate the chances of theft and loss.

After making your first sale, they will debit your bitcoin account and deliver your dollars to your bank account. The buying process works in a similar way. Coinbase is relatively cheaper than other companies as it charges only 1% for converting bitcoins to US dollars and vice versa.

4. Local Bitcoins

Local Bitcoins is a highly reputable and well known company for purchasing and buying bitcoins. It is a new site but has quickly emerged as one of the most reliable and authoritative companies in the world when it comes to trading bitcoins. The greatest advantage of Local Bitcoins is that it also promotes in-person trading. The company helps you to find the person selling or buying bitcoins in your area and arranges a meeting.

On the other hand, you can also explore the company’s site to find suitable offers from around the globe if you want to sell or purchase bitcoins from the comfort of your home. Local Bitcoins is the best and easiest method to buy or sell bitcoins because you can talk directly to the other party and pay through your preferred method.

5. Trade Bitcoin

In many ways, TradeBitcoin.com is similar to LocalBitcoins.com. You can find local traders selling or buying bitcoin in your area through Tradebitcoin.com. Trade Bitcoin is a trusted name in bitcoin industry and has been operating for many years now. Similarly, the company also allows you to purchase or sell bitcoins online.