ByBit (Crypto Derivatives) Review
Founded in 2018, ByBit is a P2P cryptocurrency derivatives exchange, with more than 1.2 million registered users. They offer perpetual contracts similar to BitMEX, and their crypto-asset index contains BTC/USD, BTC/USDT, ETH/USD, XRP/USD, and EOS/USD.
BYBIT REVIEW AT A GLANCE
■ TYPE: P2P CRYPTO DERIVATIVES TRADING
■ WALLET: YES {COLD STORAGE SYSTEM}
■ HEADQUARTERS: BRITISH VIRGINIA ISLANDS & SINGAPORE
■ ONLINE SINCE: 2018
■ CUSTOMER SERVICE: 24/7 via EMAIL | LIVE CHAT
■ LANGUAGES: ENGLISH, RUSSIAN, CHINESE, KOREAN, and JAPANESE
LocalBitcoins Review
LOCALBITCOINS REVIEW AT A GLANCE
■ TYPE: P2P BITCOIN EXCHANGE
■ WALLET: YES
■ HEADQUARTERS: FINLAND
■ ONLINE SINCE: 2012 (LocalBitcoins Oy)
■ CUSTOMER SERVICE: EMAIL | FORUM
■ LANGUAGES: ENGLISH | SPANISH | FRENCH | PORTUGUESE | RUSSIAN | ITALIAN
INTRODUCTION TO THE LOCALBITCOINS EXCHANGE
LocalBitcoins is the largest Peer-2-Peer decentralized marketplace. The LocalBitcoins platform allows users to exchange FIAT currency for Bitcoins. The marketplace consists (i) Traders, and (ii) Users. The 'Traders' create advertisements with the price and the payment method they want to offer. The 'Users' respond to these advertisements, and if they both agree, a transaction completes. There are more than 60 different payment methods available and that makes LocalBitcoins an easy solution for everyone wishing to buy Bitcoins. You can store your Bitcoins at LocalBitcoins or use an external wallet. The LocalBitcoins team recommends the Electrum Wallet which is free.
-Buy/Sell Bitcoin for fiat currency
-LocalBitcoins requires no verification
-An alternative P2P marketplace is PaxFul
■ SUPPORTED COUNTRIES: 248 COUNTRIES
■ FIAT CURRENCIES: NO RESTRICTIONS (ALL CURRENCIES)
PrimeXBT (Crypto Margin) Review
Founded in 2018, PrimeXBT is one of the leading crypto margin platforms, offering trading leverage up to 100:1. PrimeXBT offers access to over 80 financial-traded assets, including cryptocurrencies, Forex, commodities, and stock indices. PrimeXBT serves over 150 different countries.
PRIMEXBT REVIEW AT A GLANCE
■ TYPE: CRYPTO MARGIN TRADING
■ WALLET: YES {OFFLINE STORAGE SYSTEM}
■ HEADQUARTERS: SAINT VINCENT AND GRENADINES
■ ONLINE SINCE: 2018
■ CUSTOMER SERVICE: TICKET | EMAIL | LIVE CHAT
■ LANGUAGES: ENGLISH & 15 MORE LANGUAGES (WEBSITE)
VirWox Review (Closed)
VIRWOX REVIEW AT A GLANCE
■ TYPE: GAMING CURRENCY EXCHANGE (LINDEN DOLLARS)
■ WALLET: YES
■ HEADQUARTERS: VIENNA, AUSTRIA
■ ONLINE SINCE: 2007 (Virtual World Services GmbH)
■ CUSTOMER SERVICE: EMAIL SUPPORT
■ LANGUAGES: ENGLISH | SPANISH | GERMAN | FRENCH | ITALIAN
INTRODUCTION TO THE VIRWOX EXCHANGE
VirWox or Virtual World exchange is an Austrian-based centralized exchange, specializing in virtual gaming currencies. VirWoX supports the buying of Linden Dollars (SLL) and Bitcoins (BTC) and serves about 1 million registered users.
-Note, the number of active users is considerably lower, to a few hundred
-Gaming currencies can be exchanged for fiat currencies such as USD, Euro, Swiss Franc, and British Pound
■ SUPPORTED COUNTRIES: ALMOST ALL COUNTRIES (SOME US STATES ARE NOT SUPPORTED)
■ FIAT CURRENCIES: USD | EURO | GBP | CHF
LiveCoin Review
LIVECOIN REVIEW AT A GLANCE
■ TYPE: WIDE CRYPTO EXCHANGE
■ WALLET: YES
■ HEADQUARTERS: UNITED KINGDOM (UK)
■ ONLINE SINCE: 2013 (DELTA E-COMMERCE LTD)
■ CUSTOMER SERVICE: EMAIL | CHAT SERVICE
■ LANGUAGES: ENGLISH | SPANISH | RUSSIAN | CHINESE | PORTUGUESE | FRENCH | ITALIAN | INDONESIAN
INTRODUCTION TO THE LIVECOIN EXCHANGE
Based in the United Kingdom, LiveCoin is a multi-functional Bitcoin/Altcoin exchange offering one of the widest crypto-asset indexes in the market. LiveCoin supports the exchange of 125 altcoins for FIAT currency.
■ SUPPORTED COUNTRIES: ALL COUNTRIES (EXCEPT US)
■ FIAT CURRENCIES: USD | EUR | RUBLE
Changelly Review
CHANGELLY REVIEW AT A GLANCE
■ TYPE: BITCOIN/ALTCOINS EXCHANGE USING CREDIT CARD
■ WALLET: NO
■ HEADQUARTERS: PRAGUE, CZECH REPUBLIC (EU)
■ ONLINE SINCE: 2015
■ CUSTOMER SERVICE: EMAIL
■ LANGUAGES: ENGLISH | 12 LANGUAGES IN TOTAL
INTRODUCTION TO THE CHANGELLY EXCHANGE
Launched in 2013, and online since 2015, Changelly is a cryptocurrency exchange offering instantly exchange over 90 altcoins or buy them using a debit/credit card. According to Changelly, there are over one million registered users generating 60,000 BTC monthly turnover. Changelly’s platform is integrated into cryptocurrency trade platforms such as Poloniex and Bittrex.
■ SUPPORTED COUNTRIES: ALL COUNTRIES (INCLUDING USA)
■ FIAT CURRENCIES: EUR | USD
Note, that only during the first week of trading, US, Australian, and Canadian users can only trade $50 in their first transaction.
BitBay Review
BITBAY REVIEW AT A GLANCE
■ TYPE: BITCOIN/ALTCOINS EXCHANGE
■ WALLET: YES
■ HEADQUARTERS: POLAND (EU)
■ ONLINE SINCE: 2014
■ CUSTOMER SERVICE: EMAIL | CHAT SERVICE
■ LANGUAGES: ENGLISH | RUSSIAN | POLISH
INTRODUCTION TO THE BITBAY EXCHANGE
Operating since 2014, BitBay is a large Polish cryptocurrency exchange. They offer the exchange of BTC, LTC, ETH, DASH, and a few more crypto assets by accepting USD, EUR, and PNL. BiBay support credit credits and offer innovative funding solutions such as the Bitomats ATM devices and the BitBay Mastercard.
■ SUPPORTED COUNTRIES: 240 COUNTRIES
■ FIAT CURRENCIES: EUR | USD | PNL
The BitBay platform is very user-friendly and provides a full set of trade orders, including stop-orders, and 'Fill-or-Kill' orders.
Cex.io Review
CEX.IO REVIEW AT A GLANCE
■ TYPE: BITCOIN/ALTCOINS EXCHANGE
■ WALLET: YES
■ HEADQUARTERS: UNITED KINGDOM
■ ONLINE SINCE: 2013
■ CUSTOMER SERVICE: EMAIL SUPPORT
■ LANGUAGES: ENGLISH
INTRODUCTION TO THE CEX.IO EXCHANGE
Founded in 2013, Cex.io is a multi-functional crypto exchange based in the United Kingdom. The exchange was established initially as a cloud-mining provider, but in 2015 the cloud mining operations were terminated and CEX.io started to operate as a dedicated Bitcoin exchange. Cex.io offers a web-based platform and 2 mobile apps for trading Bitcoin, Ethereum, Ripple, Dash, ZCash, and Stellar.
-MSB status in FinCEN (USA)
-Registered with the ICO (UK)
■ SUPPORTED COUNTRIES: Almost all countries (except many states in the US)
■ FIAT CURRENCIES: USD | EURO | GBP | RUBLE
