The best Bitcoin Exchanges for Traders 2022
There is now almost no one who does not know Bitcoin. In recent years, the cryptocurrency has developed from an insider tip to a quick-witted alternative and today forms the basis for many interesting business models. The Bitcoin Exchanges, for example, deal with the trading and exchange of bitcoins and real fiat currencies. Due to the enormous security precautions, almost all of the offers can be described as safe.
Neben der enormen Sicherheit spielen in der Bewertung der Bitcoin Exchanges aber natürlich auch noch andere Kritikpunkte eine wichtige Rolle. Die Konkurrenz auf dem Markt ist mittlerweile enorm groß und so sollte am besten jedes Portfolio individuell unter die Lupe genommen werden. Genau das haben wir getan, so dass wir im Folgenden eine Liste mit vertrauenswürdigen und starken Bitcoin Exchanges zusammenstellen konnten.
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|Coinbase||To the test report||4 crypto currencies||To the page|
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|HitBTC||To the test report||26 crypto currencies||Zur Seite|
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On this page we don't just want to take a close look at the various providers, but also at what is behind them. In general, it can be said that a comparison of the providers shows at a glance where it is really worth registering and which portfolios should be avoided. In addition, we also took a detailed look at the cryptocurrency and collected all the important information. What do I have to consider if I want to buy Bitcoin, what are the requirements to be able to trade Bitcoin and how can I avoid fraud and rip-offs?
Bitcoin Exchanges: Is Bitcoin a safe payment method?
Table of Contents
- Bitcoin Exchanges: Is Bitcoin a safe payment method?
- Überblick über die Vor- und Nachteile
- Payouts with Bitcoin
- Our blacklist – you should avoid these providers
- General information| ||112
- Fazit: Die Auswahl an Bitcoin Exchanges ist groß
Find bitcoin exchanges
In order to be able to discover good bitcoin exchanges, the seriousness, the trade offer and the additional features should be considered checked.
- Protection against criminals and fraudsters
- Attractive portfolio selection
There is no doubt because Bitcoin can be described as an absolutely secure payment method. Blockchain technology is used here, which manages and stores all payment transactions in a decentralized manner. Thus, the payments are counterfeit and fraud-proof, since all flows can still be traced afterwards. Almost as if everyone would write their name on the banknotes they held in their hands. It is therefore always possible to clearly trace where the funds come from and for whom they are intended. In addition, the Bitcoin Exchanges also protect their users in other ways, of course.
Anyone who wants to make a deposit or access their user account must "identify" themselves with their login and another security key. This two-factor authentication is considered the absolute standard and provides further protection. But that's not all, because the well-known SSL encryption is also used on the portals. In this context it can also be mentioned that Bitcoin payments can be made without entering private bank or credit card information. In short: much more security is not really possible. Are there any fees for players?
Are there any fees for the players?
Whether a provider charges fees for processing deposits and withdrawals is of course up to him. However, the best bitcoin exchanges waive the transaction fees and thus secure additional plus points with the users. If a provider insists on fees, these can be found in the checkout area or even in other areas of the website. Transparency is therefore in the foreground here and "nasty surprises" in the form of unforeseen fees are avoided.
Deposits: How they are processed
Basically it can be said that the deposits with the Bitcoin extremely easy to carry out and even newcomers should not have any problems. In contrast to a bank transfer or credit card payment, no complicated numbers or IBANs have to be entered here. Instead, the payment runs solely via a short address. First of all, of course, you need your own user account with one of the Bitcoin Exchanges in Kenya. In almost all cases, registration is extremely quick and can always be carried out without additional costs.
The deposit section is then accessed in the payment area of the platform, where the required wallet address of the provider can be found. This is important and must now be entered in your own Bitcoin wallet as the recipient address. Once this is done, the payment can be made and the amount will be credited to the platform’s trading account within a few moments. By the way: On some platforms, FIAT currencies may also be deposited in addition to cryptocurrencies. Then the payments are made quite regularly by credit card or SEPA transfer.
Overview of the advantages and disadvantages
A look at the advantages of Bitcoin payments reveals some good arguments to take a closer look at this option. On the one hand there would be the enormous speed of the payments. All deposits and withdrawals end up in your own wallet within a very short time and can be used immediately. Unnecessary waiting times of several working days or the like are eliminated. In addition, all payers can take advantage of the enormous security of the coin. Thanks to blockchain technology, payments are always processed in a forgery-proof manner, and transactions can also be processed without entering sensitive payment information. So when it comes to speed and security, cryptocurrencies have a fair bit of an advantage.
Nevertheless, we don't want to hide the fact that there is at least one minor disadvantage. Before you can even pay with the currency, you first have to set up your own wallet. Luckily, this process is also easy to do, but it might still be annoying for some people. If you don't want to open a Bitcoin wallet, you can use regular trading options.
Pay out with Bitcoin
An important argument for using it is the fact that with the associated wallet not only deposits but also withdrawals can be made. Of course, the cash register area of the Bitcoin Exchanges has to be controlled again, but this time the path should lead to the payout sector. Here, the payouts are then simply commissioned again using the wallet address and then carried out immediately. There is no waiting time, every user can access his amounts immediately. It is important to note, however, that many Bitcoin exchanges require their users to verify their account, which often has to be carried out before the first deposit. A copy of the identity card, passport or another official document is then required for this.
Our blacklist – you should avoid these providers
As in almost all economic sectors, there are also some Bitcoin Exchanges black sheep among the providers. We probably don't have to emphasize that it's better to keep your hands off dubious brokers. For our fraud tests, we work according to strict criteria that we use to identify rip-offs and fraud. So that you don't fall for the scam, we have put together an overview of trading platforms where you should rather not trade with Bitcoin.
- Bitcoin Era
- Bitcoin Code
- Bizz Coin
- Bitcoin Circuit| ||177
- Immediate Edge
- Bitcoin Pro
- Crypto Bank
- Bitcoin Up
- Immediate Profit
- Crypto Trader
- Crypto Hopper
- Patron FX
- The News Spy
- Bitcoin Bank
- Yuan Pay Group
- Bitcoin Investor
- Bitcoin System
- Bitcoin Loophole
- Bit Club
- Immediate Bitcoin
- Bitcoin Trend
- Profit Trade
- Usi Tech
- Trust Investing
- Bitcoin Rush
- Bitcoin Lifestyle
Unsafe trading options can be recognized by aggressive advertising and fake reviews, among other things. We found these and other signs of alleged fraud at the providers listed above. It is best to visit our site regularly so that you are always up to date on safe and unsafe online brokers for Bitcoin.
The Bitcoin appeared in 2009 and is referred to as a so-called cryptocurrency. This is a digital currency and a digital system used to manage payments in a decentralized manner. Users are therefore not dependent on financial institutions, but can make payments without being controlled by banks or the like. A major advantage of the coin is the security against counterfeiting, because all transactions can be traced at any time. It is therefore no great surprise that the value of Bitcoin has risen rapidly in recent years and more and more areas have discovered the coin for themselves. Nowadays the coin is available for trading, but can also be used forpayments in bitcoin casinos or at bitcoin bookmakers. In addition, there are numerous Bitcoin lotteries and even regular online shops accept the electronic coin.
Conclusion: The selection of Bitcoin exchanges is large
A check of the industry reveals this quite quickly that there are now numerous Bitcoin Exchanges on the market. Most of them can be described as strong in the Bitcoin trade comparison, but not all of them. We have examined the best platforms without fraud and rip-offs and subjected them to a tough test.
So we can not only recommend a first-class selection of reliable platforms, but at the same time point out their professionalism and seriousness. The use of the offers can be described as absolutely safe, especially since the majority of the providers can already show a license from a regulatory authority. In order to be recognized as the best bitcoin exchange platform, the providers have to be convincing as a whole.