Top Ten Exchanges To Trade Crypto to Currency

As we know that in order to trade crypto currency, we need to have a crypto currency wallet and a crypto currency exchange. In order to buy or sale or trade crypto currency, an exchange is required to buy coins and a wallet is require to store coin. To help you understand the perspective better, Wallet is a place to store encrypted passwords representing coins just like storing and depositing money in a bank account. To begin with the perspective, let me tell you that there are more than 3712 crypto currencies traded on 166 exchanges with more than 12000 markets world-wide along with 156 fiat currencies as per the data provided by the CoinLib.

Crypto Currency exchanges are situated in the geographies like, China, Seychelles, Japan, South Korea, USA, British Virgin Islands, among other places.
The market share and trading volume of all these geographies reflected in the following analytics :-

Market Share (%) as on 16th April 2018 – Mid Day IST

Source : CoinLib

Trading Volume (24H in USD Billion) as on 16th April 2018 Mid Day IST

Source : CoinLib

As per the valid source of CoinLib, the major exchanges that contribute high volume of trade ($) and high market share (%) are BitMEX, bitFlyerFX, Binance, Bitfinex, Upbit, Bithumb, OKEx among others.
Let me walk you through the analytics of top ten exchanges to trade crypto currency with higher volume trade and higher market share as follows :-
Market Share (%) as on 16th April 2018 Mid Day IST

Source : CoinLib

Trading Volume (24H in USD Billion) as on 16th April 2018 Mid Day IST

Source : CoinLib

Let me elaborate top ten Crypto Currency Exchanges that are widely used for trading as follows :-

1. BitMEX is based in Seychelles, a peer to peer trading platform having one traded pair with supported fiat currencies is USD and supported crypto currency is BTC. As on 16th April, the last 24 hours it was 2.25 billion volume of trade with 17.50% market share amongst all crypto currencies. It is one of the widely used exchanges in the crypto world. With this BitMEX is led by the team of best of class professional having domain expertise in finance, trading, algorithmic, web-development,-etc. More information about BitMEX can be attained by accessing https://www.bitmex.com/

2. bitFlyerFX Lightning is an exchange platform by bitFlyer used by customers to place orders and execute range of trades like Bitcoin spot, FX, futures trading, altcoin spot trading, etc. The supported fiat currencies is JPY and supported crypto currency is BTC with one trading pair. As on 16th April, the last 24 hours it was 1.71 billion volume of trade with 13.3% market share amongst all crypto currencies. It is one of the widely used exchanges in the crypto world. The exchange is based in Japan. More information about bitFlyerFX can be attained by accessing https://bitflyer.jp/

3. Binance is based in China led by experienced team having worked with wall-street as well as crypto finance. It has 300 traded pair with supported fiat currencies is USDT and supported crypto currency 100 and above. As on 16th April, the last 24 hours it was 1.46 billion volume of trade with 11.3% market share amongst all crypto currencies. It is also one of the widely used exchanges-in-the-crypto-world. More information about Binance can be attained by accessing https://www.binance.com/

4. Bitfinex is based in British Virgin Islands is the world’s largest and most advanced crypto currency trading platform. It comes with multiple platform features, margin trading. It has 151 traded pair with supported fiat currencies are EUR, JPY, USDT, USD, GBP and supported crypto currency 50 and above. As on 16th April, the last 24 hours it was 739.54 million volume of trade with 5.80% market share amongst all crypto currencies. It is also one of the widely used exchanges-in-the-crypto-world. More information about Bitfinex can be attained by accessing https://www.bitfinex.com/

5. Upbit is based in South Korea. It falls into the category of C2C exchange with 313 traded pair with supported fiat currencies are KRW, USDT and supported crypto currency 100 and above. As on 16th April, the last 24 hours it was 705.53 million volume of trade with 5.50% market share amongst all crypto currencies. It is widely used exchange-in-the-crypto-world. More information about Upbit can be attained by accessing https://upbit.com/

6. Huobi is based in China. It offers multi-platform that meets different needs for digital assets. It has 214 traded pair with supported fiat currencies are USDT and supported crypto currency 90 and above. As on 16th April, the last 24 hours it was 638.69 million volume of trade with market share of 5% amongst all crypto currencies. It is widely used exchange-in-the-crypto-world. More information about Uuobi can be attained by accessing https://www.huobi.com/

7. OKEx is based in China and was founded in 2014. OKEx is said to be the world leading digital asset exchange that offers advanced financial services to global traders through block chain technology. It has 500 traded pair with supported fiat currencies are USDT and supported crypto currency 150 and above. As on 16th April, the last 24 hours it was 571.38 million volume of trade with 4.40% market share amongst all crypto currencies. It is widely used exchange-in-the-crypto-world. More information about OKEx can be attained by accessing https://www.okex.com/

8. Bithumb is based in South Korea. It comes with high speed, high security/availability with best prices mostly commission offered. It has 17 traded pair with supported fiat currencies are KRW and supported crypto currency 17. As on 16th April, the last 24 hours it was 542.30 million volume of trade with 4.20% market share amongst all crypto currencies. It is also one of the widely used exchanges-in-the-crypto-world. More information about Bithumb can be attained by accessing https://www.bithumb.com/

9. HitBTC is based in Europe. It is most advanced Bitcoin exchange. It offers safe and secured transaction with the services are very fast and responsive featured packed filled with advanced technology and most importantly it comes with Robot friendly API. It has 649 traded pair with supported fiat currencies are USDT and supported crypto currency 300 and above. As on 16th April, the last 24 hours it was 259.98 million volume of trade amongst all crypto currencies. Also note that it is widely used exchange-in-the-crypto-world. More information about HitBTC can be attained by accessing https://hitbtc.com/

10. Lbank is based in China. It is global professional digital asset trading platform. It has 74 traded pair with supported fiat currencies are USDT and supported crypto currency 40 and above. As on 16th April, the last 24 hours it was 194.18 million volume of trade amongst all crypto currencies. It is also one of the widely used exchanges-in-the-crypto-world. More information about Lbank can be attained by accessing https://www.lbank.info/

In a nutshell, the exchanges play a vital role in organizing buy or sale or trading activities. Not only they offer the advanced technology, however they provide valuable insights through daily analytics. And for this, credit goes to the new age buzzword – block chain technology. So when you start trading and taking enormous benefits of Block Chain Technology?

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