Coinsquare is an interesting exchange in several ways. First of all, it was a one-man show for a very long time. That’s right, it was bootstrapped and was run totally by one Virgile Rostand, who is well known in Canadian crypto circles. Despite that it is one of the leading Canadian cryptocurrency exchanges. That’s no longer the case however, and Coinsquare has been aggressively hiring and expanding its teak, with a particular emphasis on high-net worth individuals.
xCoins is a cryptocurrency exchange, but it isn’t like any exchange you’ve encountered before, I’m pretty sure of that. For starters, you can use Paypal with xCoins, which is pretty rare in itself. Secondly, it’s a peer-to-peer marketplace, which isn’t too unusual, but this marketplace is focused on connecting Bitcoin lenders with Bitcoin borrowers. You read that correctly. The xCoins exchange is for lending and borrowing Bitcoin.
Those who prefer some privacy, yes even anonymity when buying Bitcoin should be aware of the BitQuick exchange. BitQuick is a simple peer-to-peer Bitcoin marketplace owned by the same company as the Athena Bitcoin ATM network. As you can probably guess, this company has a high regard for anonymity in cryptocurrency purchases and sales. Just like you can go to a Bitcoin ATM and anonymously buy Bitcoin, you can also go online and anonymously purchase Bitcoin through the BitQuick marketplace.
Bit-Z is a Hong Kong based cryptocurrency exchange that was founded in 2016. It is regularly in the top ten exchanges by volume, with roughly $200 million in trading volume daily, and in addition to its digital asset trading, it also provides over-the-counter (OTC) assets. The leadership at Bit-Z is surprisingly diverse. Unlike most other cryptocurrency exchanges, the management team comes not just from crypto, but also from the finance, gaming, social networking and ecommerce industries.
Coinone is a South Korean cryptocurrency exchange, and was established in 2014 by founder and current CEO Myunghun Cha. The site was officially launched in 2015, and while it was once one of the top 10 global exchanges, it is currently ranked #41 in trading volume. While crpytocurrencies continue to increase in visibility and popularity, especially in South Korea, the rise of so many new and innovative exchanges has cut into the Coinone trading volume.
Previously Coinone was also the second largest South Korean exchange, with only Bithumb topping it, but the new Upbit exchange also has more trading volume now, putting Coinone solidly into the third position among South Korean exchanges. As of May 2018 Coinone has roughly $50 million in daily trading volume, but Upbit sees over $500 million exchanged daily, while Bithumb is nearly $750 million in daily trade volume.
While cryptocurrency exchanges seem to be an overpopulated sub industry all over the world, they seem to be scarce in the U.S. market, where it gets difficult to find companies that are trustworthy, efficient and not intending to break the bank for their customers when it comes to using their services.
However, even with the increasing talks of regulations within the country over the past few years, there are exchanges that have not only been operating within the territory, but which were born in the midst of uncertainty to go on and achieve new heights of success.
CEX.IO is one of the oldest cryptocurrency exchanges, having been launched in 2013. At that time the company also ran the cloud mining service GHash.io, which at its height controlled 42% of the Bitcoin hashing power. However, by 2015 the price of Bitcoin had declined to the point where the company was not finding mining to be profitable and they shut down the cloud mining operations.
CEX.IO is currently based out of London, and has build up a registered user base of more than 2 million customers, thanks to a good reputation and a focus on security. In April 2018, CEX.IO has an exchange as well as simple buy/sell methods for Bitcoin, Ethereum, Bitcoin Cash, Bitcoin Gold, DASH, Ripple, Stellar Lumens, and Zcash. Users can deposit to the exchange using both bank transfers and credit cards.
If you have been familiar with the cryptocurrency industry, then chances are that you must have heard of Coinbase. Coinbase is one of many cryptocurrency exchanges that deal in these digital assets and bring them to the everyday user to hold and to trade afterwards.
However, the Coinbase name gets to have a certain distinction to it.
This is because over its years of operation, the exchange has become one of the most popular entities when it comes to the world of cryptocurrency.
OKEx is a relatively new cryptocurrency exchange platform, having been split off from the well established OKCoin exchange in May 2017. As with any cryptocurrency platform there are certainly things to look at to decide if you can trust your coins to them, and with that in mind I’ve put together a review of OKEx to show you what benefits you might get from trading through them, and what problems you might run into as well.
Note that as of May 2018 OKEx is the second largest cryptocurrency exchange by trading volume. Only Binance has more than the over $2 billion in trade volume seen at OKEx.
Whether you have been trading in cryptocurrency assets since a long time or have just delved into this world, chances are that you have heard about Bitfinex.
Ranking over the fifth spot on the list of the world’s top 10 cryptocurrency exchanges by trading volume and being the largest Bitcoin trading exchange, Bitfinex has made a name for itself when it comes to cryptocurrency trading.
While carving that niche should have been a milestone, the exchange does not seem to have had the opportunity to translate it into credible operations and has been riddled with controversies.