As Cryptocurrencies are becoming popular, there are a plethora of cryptocurrency exchanges, which are the main reason how the users are able to exchange or trade. The cryptocurrencies are volatile as that is an unavoidable characteristic of digital currency. Let us first understand what exactly is a cryptocurrency exchange, what does it do and then we can have a look at the top cryptocurrency exchange list for crypto trading 2019.

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A cryptocurrency exchange allows the investors to buy, sell or trade cryptocurrencies(either from fiat to crypto or from crypto to crypto). The cryptocurrency exchanges mostly support the top 20 cryptocurrencies by coinmarketcap. People look out for the security of their crypto holdings, hence they would prefer exchanges that offer great functionality, is user-friendly and secured.

Coinbase Pro was one of the early cryptocurrency exchange platform, founded in 2012, based in San Francisco, with a valuation of around $1 billion. Coinbase Pro helps enable withdraw and deposit funds easily. It offers competitive fees, advanced trading features, and deposit options. IT is insured by the New York Stock Exchange and Andresseen Horowitz.

Supported Coins:BTC, ETH, BCH, LTC, ETH, ZRX, BAT

Pros:Fully regulated in the United States, Competitive Fees

Cons:Not ideal for beginners, very fewer altcoin pairings for Australians

Binance is the worlds biggest cryptocurrency exchange which works like an ecosystem, comprising of an exchange, wallet, Labs, Charity info, etc as stated by the CEO- Changpeng Zhao. Binance has its own coin called Binancecoin(BNB) which comes with a discount when there is crypto-to-crypto payment. Binance supports over 130 tradeable cryptocurrencies and is one of the best exchanges to buy cryptocurrencies.

Supported Coins:Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Ethereum Classic, EOS, DASH, Litecoin, NEO, GAS, ZCash, Ripple and many more.

Pros:Low transaction fee- around 0.1%, not exactly suitable for the beginners as it has two versions of trading- basic and advanced with not an easy-to-use interface.

Cons:You cant use or exchange with fiat, cant margin trade or short sell.

BitMex is one of the premier Bitcoin exchange platforms across the world, based out of Hong Kong. As the name suggests, BitMex( Bitcoin Mercantile Exchange) is a trading platform for Bitcoin, the largest cryptocurrency by market capitalization. There have been reports that BitMex has had experienced over 2 billion USD transactions that have happened in 24 hours.

Supported Coins:Bitcoin, Cardano, Bitcoin Cash, Ethereum, Litecoin, EOS, Ripple

Pros:You can buy leveraged contracts like future or perpetual contracts from BitMex. You can short sell and margin trade.

Cons:Only one cryptocurrency is available for trading and does not accept any US-based payments as its not available there.

OKEx is one of the most popular cryptocurrencies supporting more than 145 cryptocurrencies, based out of Hong Kong. They even have their own cryptocurrency- OKB. OKEx has about 0.02% to 0.2% maker and taker fee.OKEx is not far behind when it comes to trading per day, it has experienced around $1.5 million in bitcoin futures every day.IT is one of the trusted global cryptocurrency exchange.

Pros:Allows margin and short selling, supports more than 145 cryptocurrencies.

Cons:Not supporting the US traders, but is supposedly expanding to Malta.

Kraken, founded in 2011 by Jesse Powell, is one of the largest bitcoin exchanges for its popular section of fiat currency exchange including Euro, Yen, USD, pound, etc. Kraken is partnered with the first cryptocurrency bank in the world. It supports over 17 cryptocurrencies with a maker and taker fee of 0% to 0.26%. Kraken even provides bitcoin pricing to Bloomberg terminal.

Supported coins:Bitcoin, Bitcoin Cash, Bitcoin SV, Cardano, DASH, Dogecoin, EOS, Ethereum, Ethereum Classic, Litecoin, Monero, Ripple, Tether, Zcash and many more.

Pros:High liquidity, supports many cryptocurrencies, apt for seasoned traders.

Cons:The processing time is slow.Arbitrary closure of accounts

Another cryptocurrency exchange, which still hasnt laid their foundation on the United States is Huobi, which was founded in China and boasts of supporting around 250 cryptocurrencies. Huobi has 2 different versions- Huobi OTC( that allows trading of cryptocurrencies with fiat currencies at zero fees) and Huobi Pro( that is for advanced trading capabilities). Huobi is coming up with a cryptocurrency exchange-traded fund(ETF) to be named HB10.

Supported coins:BTC, LTC, ETH, BCH, XRP, DASH, EOS, TRX, ZEC, and 90 other coins

Pros:Access to wide-ranging cryptocurrencies, 24/7 customer support, Competitive Fees

Cons:has been accused before, of falsifying trading volumes, mostly focusing on South-Asian market and not targetting any other parts of the world.

Bitfinex was started in 2012 and is based out of Hong Kong, offering the most liquid order, which allows easy exchange with minimal slippage. Bitfinex enables the users to trade up to 3.3x leverage by getting funds from peer margin platform. The margin funding market of Bitfinex helps you earn interest in digital and fiat assets. The users can also auto-renew the offers, even if it gets expired. The best part is that Bitfinex lets you have the set-up done according to your needs or preferences.

Supported coins:BTC, ETH, ETC, XMR,ZEC, LTC, DASH and 22 more

Pros:Unlimited withdrawal, in-house mobile app, multiple payment options

Cons:has some history regarding it getting hacked

Bittrex is an US-based cryptocurrency exchange based in Seattle, Washington where security is the most unique factor, that makes it one of the best cryptocurrency exchanges in 2019. There are more than 190 cryptocurrencies enlisted out there, without around 284 unique pairings. Bittrex charges flat 0.25% of each and every trade. Bittrex can process trades as soon as it happens as it was built using elastic computing.

Supported coins:BTC, ETH, XVG, XRP, ADA, XRP, LTC, RDD, ZEC, and 130 more coins

Pros:Highly secured, very easy to use, even for the beginners.

Cons:Only supports crypto-to-crypto trading, Accused of poor customer service in the past, not a beginner-friendly platform

Bitstamp was formed in 2011, based out of Slovenia, and has multiple headquarters, both in New York and Luxembourg. Bitstamp has one of the lowest fee systems in the world, with 0.05% for international wire transfer, and imposes 0.09% on international withdrawals. It allows USD, EUR, Bitcoin, Litecoin, ethereum, ripple or bitcoin cash deposits, and withdrawals.

Pros:Verification on Bitstamp is fairly rapid, very easy to use by the beginners and the crypto enthusiasts.

KuCoin was founded in 2011, with a predominantly modern outlook, backed with a secured platform. It is based out of Hong Kong, which is a profit-sharing platform, distributing 50% of their overall revenue to holders holding exchange-based token-n KuCoin Shares (KCS). Even the Holders get a 1% discount for every 1000 KCS they hold. The fees are comparatively lower than other exchanges.

Supported coins:BTC, BCH, ETH, XRP, LTC, EOS, ADA, TRX and 62 other coins.

Pros:Offers a wide range of cryptocurrencies, fees are low

Cons:No fiat currencies accepted, difficulties experienced during a high traffic period.

Now, its time for getting rid of all the challenges, and get the collaborative and additional benefit, that any single crypto exchange can provide in a single platform. Lets talk about the platform, which enables the users to trade seamlessly in just three clicks.

CoinSwitchis not an exchange, but a crypto exchange aggregator, which has the benefits of all the exchanges put together. Not only that, CoinSwitch lets the user get the optimum benefit by letting the user choose the best price amongst the price from the exchanges. The best part is that you will get the security at the most competitive rate and that too, without revealing your personal details. CoinSwitch has its own API, which you can use for your custom made products or services.

If you refer a person, you get 5$ in BTC after the successful transaction. You get to know about every crypto-trading pairs, their highest conversion rate in the last 24 hours, the conversion rate and the trading analytics on a particular coin or crypto pair.

CoinSwitch supports more than 300 cryptocurrencies and has an instant crypto converter. The best part is that it is partnered with exchanges such as Binance, HitBTC and many more.

There are many cryptocurrency exchanges in the world- the prominent ones being Binance and Coinbase.

We have already mentioned in the last section, and you can get the needed benefits with an easy interface.

Cryptocurrency exchanges work very easily and efficiently, where you can trade or sell as per the current cost of the respective cryptocurrency.