Investing is always a risk but people still do it to gather money for their personal use or for their children. While they want to stay safe, they are ready to take drastic risks if a number of people, including celebrities, are advocating for it. Bitcoin is one such controversial investing avenue. But if you are looking to invest in it, we have listed for you some trusted bitcoin exchanges. You can operate them even in Pakistan.
Top of the list, as you may know, is Binance but there are other exchanges as well.
1. Binance
Binance launcher in July 2017. In only 8 months the trust on the exchange rose at an exponential rate. It has, for sure, been thanks to the fact that they assure trust to the user. Hence, it started doing more than 1 billion dollar business on daily basis.
Is it easy to use? Not entirely, but it is not very difficult either. They charge a low fee and take only a day in verifying your identity.
2. Coinmama
Another trusted crypto exchange is called Coinmama. You can deal in bitcoins on thr app through your credit card or bank account.
What’s more is that it is easy to use but the fee is high. Also, again it takes only one day to verify your identity.
3. Paxful
Paxful operates in a peer to peer setting. The fees they charge is low but that ensures a trusted platform where you can deal in bitcoins.
4. CEX.io
More than half a million users are currently using the exchange services of CEX.io. The journey that started in 2013 provides multiple functions to its users. The two top functions that it started with, however, are cloud mining provider and Bitcoin exchange. The fees is high but it is easy to use.
5. Kraken
Kraken has in fact reached a level almost next to Bitcoin in brand identity. Considering not every platform is operational in Pakistan, the good news is that two of three top bitcoin exchanges are usable here.
Moreover, they don’t even charge high fees.
3 more exchanges
Other than these 5, there are 3 more verified and trusted bitcoin exchanges Pakistanis can operate; Localbitcoins, Okcoin, Changelly. Okcoin is the most dominating Chinese app for bitcoin exchange. It is also very hard to use. But once you get the hang of it, you will be able to operate it with ease. The trick, really, is to understand bitcoins.
Tell us, did you know about these exchanges? And if you did, were you making a use of them? Your user experience will help aspirants decide whether they should also be investing or not.
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