Anyone who wishes to enter the crypto currency market requires services of a crypto exchange exchange. After getting a wallet, it is often the next item on the agenda.

Cryptocurrencies have experienced a massive increase in popularity worldwide in 2017. As a result, many more people have actively started investing in the market. This has meant that the cryptic exchanges become even more important in the world of crypto curves. Before you go into top 5 fiat-to-crypto exchanges, it's important to know what a cryptographic exchange is.

What is a Cryptocurrency Exchange?

A crypt exchange is an online website that provides a platform for buying, selling or exchanging crypto curves like bitcoin, ether and litecoin for fiat money such as USD, EUR and GBP.

1. Coinbase

Coinbase is a popular cryptocurrency exchange and wallet service provider. They have millions of customers from all over the world. The service was launched in 2012 and currently has more than 10 million customers with over $ 50 billion in sales since its inception.

Coinbase is known for its ease of use as well as its accessibility in many different countries. Another popular feature of the Coinbase Exchange Service is the GDAX platform. GDAX stands for Global Digital Asset Exchange and acts as a trading platform for crypto curves.

Credit / debit cards and bank transfers are the two most popular payment options on the platform. Transactions by credit / debit card are much faster than bank transfers. The former takes a few minutes, while the latter can take between 3 to 5 days. Fees for card transactions can go as high as 5 percent.

The crypto curves that can be purchased with fiat money on Coinbase are Bitcoin (BTC), Ether (ETH) and Litecoin (LTC). Account verification is required to purchase crypto curves on the platform. This confirmation requires a photo ID, bank details and phone number.

2. Gemini

Gemini leads the way to being the leading US regulated crypto exchange exchange service. Based in New York, they operate fully licensed and registered to provide BTC and ETH exchange services. The platform was founded by Cameron and Tyler Winklevoss, the famous Winklevoss twins.

The biggest selling point of the twin is the security and security it gives its customers. All fiat deposits in US dollars are kept at banks that are FDIC insured. It also provides for storing the bulk of their ETH and BTC in refrigerated storage.

Gemini accepts both bank transfers and credit / debit card payments. They also provide reasonable discounts to people who place valuables. Gemini is available in 42 states in the United States as well as a few other countries like Japan, Canada and Singapore.

3. Kraken

Many cryptic exchange services try to offer something a little different to give themselves an advantage in the market. For the Kraken, its key figures are hinged around and offer margin trading. This makes it a great choice for crypto courier traders.

Kraken was established in 2011 and is now becoming the largest bitcoin exchange service platform for both liquidity and the euro. Kraken is also a partner in Fidor Bank AG; the first cryptocurrency bank. Kraken is not only about Bitcoin exchange services. It offers exchange services for other kryptocoins such as ETH, XMR (Monero), ETC (Ethereum Classic), LTC and XRP (Ripple).

4. Coinmama

Coinmama is undoubtedly a favorite for people who do not like the trouble with account verification. You can purchase BTC from the Coinmama service without having to upload identifying documents and photo ID.

Payments can be made by credit card or cash. Cash transactions can be processed by either using Western Union or MoneyGram. This means that buyers can get BTC through cash payments using their countries fiat currency.

Coinmama employs only in both BTC and ETH, and their services are available mostly worldwide with multilanguage support. The service is known to have a user-friendly site that is not difficult to navigate. This makes it a good choice for first time

5. Bitstamp

Bitstamp is a popular cryptographic exchange service in Europe. This is due to the fact that deposits via SEPA are 100 percent free of charge. Established in 2011, it is one of the oldest and most trusted kryptocurrency exchange platforms in the market.

With regard to security features, Bitstamp has a pretty good setup. Their services are provided with multi-signature (multisig) technology and 2-factor authentication protocols. Most of their crypto holdings are also kept offline away from online hackers.

Bitstamp offers some of the lowest fees on the market. Cryptocurrency purchases under $ 500 in value charges a fee of 0.5 percent. Purchases over $ 150,000 will be charged only 0.2 percent.

The bitstamp site offers multiple language support, and they accept a variety of currencies such as Swiss francs, euros and GBP.

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