WHERE TO BUY & SELL CRYPTOCURRENCIES
Since 2013 Bitcoin has seen a tremendous surge which in turns gave fruition to many digital currency exchanges and online wallets providers on which you can buy, sell, trade and store Bitcoins and many other Cryptocurrencies. There are two types of web digital exchanges: Licensed or regulated exchanges and unregulated exchanges.
In this section, we will be presenting the top best digital currency exchanges worldwide based on their features, fees, customer support, safety and BitLicense Compliance and other attributes.
CHOOSE A LICENSED DIGITAL CURRENCY EXCHANGE
It is important to buy Bitcoin or any other digital currency from licensed or FDIC insured exchanges. In this section we are presenting the top exchanges that have Bitcoin insurance while being licensed under the BitLicense issued by the New York Department of Financial Services or other regulatory bodies worldwide.
CHOOSE AN UNLICENSED DIGITAL CURRENCY EXCHANGE
If you would like to buy Bitcoin or any other digital currency and without having to verify your identity, you can register and purchase/trade Bitcoins with the below unlicensed non-insured exchanges. It is important to note that there is a certain risk associated in trading on those exchanges as insider trading is rather common. They are also susceptible to hacking and if any of our holdings are lost or taken from you there is no insurance what so ever (unlike BitLicensed exchanges). In this section we are presenting the top and most trusted long lasting unregulated exchanges:
Countries Supported: Worldwide
Registration Promotion: None
Fees: 0.2% to 0.1%
Countries Supported: Worldwide (Except US)
Registration Promotion: 10% Fees Refund
Fees: 0.075% to 0.025%
Countries Supported: Worldwide
Registration Promotion: 10% Off your first 6 months of trading fees
WHERE TO STORE BITCOIN AND OTHER CRYPTOCURRENCIES
To safeguard your Bitcoins from theft or hackers, do not keep more than 20% of your holdings on Bitcoin exchanges, especially unregulated exchanges. Hence, we highly recommend to store 80% of your Bitcoin portfolio / holdings in a wallet (not on a exchange) by choosing a Bitcoin wallet from the different options we tested and listed below. Your wallet can be kept:
- On your Mobile or Cellphone: iPhone and Android devices
- Secured hardware and hard drives
- Online or on the Web
- On a paper wallet
CHOOSE A MOBILE WALLET
CHOOSE A SECURED MOBILE HARDWARE
Description: TREZOR is a high security hardware wallet. Unlike cold storage, TREZOR is able to sign transactions while connected to an online device. That means spending bitcoins is secure even when using a compromised computer.
Color: White, Grey, Black
Description: LEDGER NANO is a hardware wallet built upon a banking smartcard platform. It keeps the user’s private keys secure, and validates transactions.
Price: €29.00 – 229.00
Description: COOLWALLET is a hardware wallet in credit card form with a display screen. It uses Bluetooth to connect to your smartphone. It keeps your Bitcoin and private keys secure.
Price: $119.00 – 189.00
Description: CASE is the world’s most secure wallet platform. It’s a multi-signature, multi-factor wallet that requires 2-of-3 keys for a transaction to take place. Each key is generated and stored in a different location and protected by a different authentication factor so there’s no single point of failure.
CREATE A PAPER WALLET
Description: Client-side wallet generator. Creates Bitcoin addresses for instance for use as paper wallets.