The best cryptocurrency Pakistan 2021
          

The emergence of a new class of financial assets, crypto-currencies, has given rise to resources for the exchange and buying/selling of digital currency, as traditional exchanges have not yet recognized them. To this end, the first exchange for cryptocurrencies was created in 2010. At the time, bitcoin was worth $0.5 and its capitalization barely reached $1 million. However, the continued growth of BTC and the widespread adoption of blockchain technology forced the world to look at the crypto industry in a different light. This has given a strong impetus to the emergence and development of new virtual currency exchanges.

When looking for the best crypto currency exchange, users are spoilt for choice and evaluate many factors. Everyone chooses what they want. Some want a lot of assets, others want low commissions and a simple interface. In this article, you will find a brief overview of the most requested sites for this type of assets.

Coinbase

Coinbase is a popular American exchange. It was launched in the summer of 2012, when few people knew about crypto-currencies and the price of bitcoin was only $10. The co-founder and CEO of the exchange is American entrepreneur Brian Armstrong, who was ranked in 2017 as one of the 10 most influential businessmen in the world under the age of 40.

Today, Coinbase is rightfully one of the leading exchanges, with a solid trading volume and high capitalization. The number of users exceeds 56 million and crypto-currency trading is available to residents of 103 countries. The service supports 25 digital currencies, including the stablecoin USDC. The exchange also allows trading in fiat currencies: the US dollar, the euro and the British pound.

Coinbase's mission, as stated on its official website, is to create an open financial system for the world.

The company operates exclusively in the legal field and has already obtained a license to operate in most U.S. states, including New York, where it is very difficult to obtain a document to work:

  • 23 types of digital coins.
  • The rates charged for all operations under $200 are as follows: $ 0.99 - $ 2.99 - for operations from $ 0 to $ 200; for over $ 200, a fixed interest rate comes into play. Its size depends on the payment method.
  • Free mobile and online wallet. The advantage of this wallet is that transactions can be made off-blockchain.
  • You can pay funds that can be deposited and withdrawn using a bank card, transfer and a range of payment systems. SEPA transfers are available for EU residents.
  • Two-factor authentication. All website traffic is encrypted using the SSL cryptographic protocol.
    All wallets keys are protected by AES-256 encryption. Only 2% of her clients' cryptocurrency funds are stored online, and they are insured in case of loss.
  • Android and iOS app.

Binance

As Binance is a Chinese company, the official website of Binance exchange supports multiple languages. Binance is a digital asset exchange service. It is basically an online platform where you can buy crypto-currencies for bitcoins.

Learning to trade on Binance will give you a better understanding of the crypto-currency game and the ability to trade virtually any coin that exists on the market.

The most important feature of the best crypto currency trading platforms is their reputation. Binance reviews are surprisingly good because the platform is very easy to use and, most importantly, safe!

Also, unlike some other exchanges, Binance offers the ability to buy and sell a truly overwhelming number of cryptocurrencies, so you are likely to find the coins you are looking for on this platform. Many exchanges offer no more than about 20 coins, on Binance there are hundreds:

  • 740 different crypto and fiat pairs, including own token BNB.
  • Binance offers competitive trading fees (commissions): 0.1% on each side of the trade, or 0.075% if you are using your Binance tokens (BNB).
  • Trust Wallet mobile application.
  • Bank transfer, debit/credit cards, various P2P payment channels.
  • The exchange launched CryptoSafe Alliance (CSA). This initiative will bring together exchanges, blockchain protocols, cybersecurity experts, and regulatory compliance companies. It is the first comprehensive threat monitoring and protection tool in a decentralized data exchange environment.
  • A free app is available in Google Play Store or the App Store.

Kraken

The Kraken platform was launched in 2011. It almost immediately gained the trust of users around the world. Kraken's founder, Jesse Powell, recognized the growing promise of digital currencies and the rapid development of blockchain technology, and set out to develop a platform for currency transfers that would not be geographically and financially limited. And he succeeded! Crypto-exchange is suitable for businesses of all sizes as well as individual speculators of all levels.

The beta version of the site was tested in 2013. In the same year, it was officially opened to customers. The exchange's list is updated annually with popular cryptocurrencies. But the management also does not back down from changes in legislation prohibiting the anonymity of digital currencies, which proves the reliability of the site.

Kraken opens up a wide range of trading opportunities for speculators. Here you will learn that trading futures, indices and leverage can be much more convenient and safer. Many tools and features are available to you to optimize your analysis and metabolism processes:

  • 8 tokens are available for.
  • Transactions under 50,000 units of a particular currency are subject to a commission of 0.16% for the seller and 0.26% for the buyer. For sums over 50,000 units, commissions are reduced to 0.14% and 0.24% respectively.
  • No crypto wallet is offered on the site.
  • Crypto wallets and money transfers via bank transfer. Deposit/withdrawal via bank cards is not available.
  • The exchange offers users two-factor authentication, PGP encryption, and global settings lock, which prevents any account changes within a certain period of time.
  • Kraken Pro and Kraken Futures applications.

Bittrex

Bittrex was founded in 2014 and is one of the best crypto-currency exchanges in the world. It is based in Seattle, United States. The daily trading volume is about $20,000,000. The company was founded by Bill Shiharu, Richie Lee, Rami Kavach and Ryan Gentz. Overall, the Bittrex exchange has a good reputation and has not yet been subject to any hacking attempts. This is understandable, as both business partners previously worked as security experts at Microsoft.

Bittrex has several markets that form crypto-currency pairs. Here you can trade BTC, ETH, USDT and there are also pairs against the dollar. The exchange offers a large number of bitcoin trading pairs - including all major crypto-currencies such as Bitcoin Cash, XRP, Litecoin, Ethereum. Emerging virtual currencies such as Chainlink, Tezos and Hedera Hashgraph are also available.

Special attention should be paid to the appearance of the Bitrix crypto-currency exchange in the test: the interface is very simple, but clearly distinguishes itself from other exchanges. A significant advantage is the user-friendly chart, as well as the availability of stop-limit orders:

  • 250+ trading pairs are available.
  • Topping up your euro account is available via SEPA credit transfer, international bank transfer, bank card. Fiat funds withdrawal is possible to a bank account using an international bank transfer, and for euros, a SEPA credit transfer is supported. The withdrawal commission depends on the chosen currency: in bitcoin, it is 0.0005 BTC, in Ethereum - 0.00600000 ETH. The site has a fixed trading fee of 0.25% of the total value of the order.
  • No crypto wallet.
  • Bank transfers, credit/debit cards.
  • Two-factor authentication (2FA), IP check, which requires an email confirmation of entry from a new IP-address, IP whitelists, Cold storage for 80%-90% assets.
  • There are two apps for Android and iOS respectively: Bittrex Global and Bittrex.

BitMex

Bitcoin Mercantile Exchange or BitMEX is a trading platform for experienced crypto traders that allows you to buy and sell crypto-currency contracts (not the coins themselves) in combination with margin trading (leveraged trading). Now positioned as a crypto-currency derivatives exchange, BitMEX is the largest and most diverse in terms of derivatives.

Over the years, BitMEX has established itself as one of the most secure platforms - to date, it has never been hacked.

BitMEX is an exchange for experienced traders, and before you start trading for real, it is best to practice on a demo account. Another feature of BitMEX is the fully responsive interface, which you can customize yourself - enable/disable windows, move and resize them. The sidebar is separately configurable - by clicking the Settings button you can move it to the left side or remove it completely:

  • 55 trading pairs.
  • BitMEX does not charge any fees for deposits or withdrawals. When withdrawing BTC, a minimum Bitcoin Network commission is applied; commissions for takers are 0.075% of the total order value, while makers are paid an additional 0.025% for each trade.
  • Crypto BitMEX wallet.
  • Beyond virtual currencies, BitMEX does not accept any other deposits.
  • Funds are stored in cold wallets; Two-factor authentication; Registration via SMS notifications; Multi-signature wallets for transactions; Email communications are encrypted using PGP encryption.
  • BitMEX Mobile launched in September 2020.

Bitfinex

Bitfinex is one of the largest crypto-currency exchanges. The most popular currency pair is BTC \ USD (more than half of the turnover). The exchange has a large turnover and a wide selection of cryptocurrencies.

Users who trade on this exchange can use both digital money and fiat money. In most cases, however, crypto-currency is used because you don't have to pay large transaction fees for it. When you work with crypto-currencies, the commission fees are very low.

The management of the crypto-currency exchange Bitfinex pays special attention to security. For this reason, various methods have been introduced to protect users' accounts.

There are many orders on the exchange. Trading on this exchange is much easier than on other exchanges. There are many tools that, if used correctly, can help you increase your capital.

  • Over 140 coins and 300 trading pairs.
  • No additional payments for deposits and withdrawals in digital coins. When you deposit USD, you will have to pay a commission of 0.1%, but not less than $ 20;Minimum fee for withdrawing fiat money is $ 60; With the minimum currency turnover per month, the trading fee is 0.1% for the maker and 0.2% for the taker.
  • Users are offered three wallets to choose from - Exchange Wallet, Margin Wallet, and Financing Wallet.
  • In addition to digital currencies, bank transfers and card withdrawals are available to users.
  • Only 0.5% of crypto assets are kept online to support daily transactions. The rest of the coins are kept in cold wallets out of the reach of hackers. For these wallets to become available, manual authorization of several members of the management team is required.

Localbitcoins

The project was registered in 2012 and quickly gained traction among users. The site is currently present in more than 200 states. You can use at least 100 fiat currencies to exchange bitcoins. To use the features of the platform, you need to register.

LocalBitcoins is a decentralized peer-to-peer exchange that connects a buyer and a seller of Bitcoins. One of the features of the exchange is the ability to buy bitcoins offline. It selects offers that are geographically as close to you as possible.

When working with the platform, it is important to know that you are trading directly with the counterparty and not through the exchange. Therefore, always analyze its profile for good ratings, the number of transactions, the date of registration of the account, the number of people who blocked and, conversely, whitelisted the trader :

  • The service does not charge a commission from the buyer.  For sellers, there is a set commission of 1% on each sale.
  • Bank transfers, banking cards, electronic systems.
  • The security of the transaction is ensured by the escrow method, which has proven to be highly effective; User accounts are protected by two-factor authentication.

Poloniex 

Poloniex is one of the oldest exchanges by crypto-currency industry standards. It opened in January 2014 and is still in operation. Poloniex offers access to a wide range of altcoins. It is one of the largest exchanges in terms of daily bitcoin trading volume.

Four types of markets are traded on the exchange: BTC, ETH, XMR and USDT, more than 60 altcoins and over 100 currency pairs. Poloniex is one of the largest exchanges in terms of trading volume. This means that traders can easily close any position. Closing trades on Poloniex is easy and convenient. An order is created in 3 clicks.

One drawback of the interchange is the lack of a mobile app, although there is a mobile version of the website:

  • 100+ currency pairs.
  • All deposits are allowed without any additional charges; The withdrawal fee is fixed, and it depends on the type of the currency; commissions are from 0 to 0.25%. Maker commission is from 0% to 0.15%; taker commission is from 0.1% to 0.25%. The higher is the volume of completed transactions in one month, the lower is the commission for all subsequently completed transactions.
  • Own Wallet.
  • Replenishment of an account with a bank card or withdrawal to a card are not available for users of some countries.
  • The administration highly recommends adding two-factor authentication to your account.
  • Mobile application.

Kucoin

It's a very young exchange, but with support for most popular altcoins and good exchange rates, it has become very popular since the fall of 2017. KuCoin is not yet one of the major players, but customers are responding well. Behind it is a team with extensive experience in the crypto-currency market. In reviews, many already describe it as one of the best among its competitors.

Registering on the KuCoin exchange is not very different from registering on other exchanges and ordinary websites (you can register by e-mail and cell phone number).

KuCoin Stock (KCS) tokens are an internal crypto-currency of the KuCoin exchange, which can be purchased by any registered user of the exchange to receive passive income from it (the value of the KuCoin Stock crypto-currency is constantly increasing, as the number of active traders on this exchange is constantly growing, who in turn buy these tokens to reduce transaction fees) and receive a number of other bonuses and benefits (as on the Binance exchange, internal tokens can be used to reduce transaction fees by half up to 0.05% of the transaction amount):

  • 200+ coins and 450+ trading pairs.
  • All deposits are free on the site, and there is a fixed fee for withdrawals; KuCoin offers a flat commission of 0.10%, which is less than the industry average.
  • Inner site crypto wallet.
  • A variety of payment methods supported by P2P fiat services.
  • The exchange offers you the option to set up two-factor authentication by Google Authenticator.
  • Mobile application.

Bitpanda

Bitpanda was founded in 2014 and is headquartered in Austria (Vienna). Today, it is a popular trading platform and wallet for both experienced crypto-currency users and beginners. Here you can store and trade more than thirty digital assets. At the moment, BitPanda's management is working with the most popular crypto-currencies and is adding coins to the list with great, great care.

It should be noted that BitPanda's management is working hard to improve its platform. For example, SegWit wallets have been introduced, which will significantly reduce transaction fees on the Bitcoin network in the future.

Bitpanda focuses on two things: security and ease of use. The application is organized in an intuitive user interface. The user only needs to perform a minimum of actions to perform operations.

  • Bitcoin, Ethereum and 30+ digital assets.
  • The trading commission of the service depends on the type of currency and the nature of the transaction. When buying bitcoins, you pay 1.49%, when selling - 1.29%.
  • Commission for replenishment and withdrawal is fixed for each coin and is debited from the account.
  • Bitpanda crypto wallet.
  • You can make a deposit either by bank transfer, credit cards or electronic payment systems.
  • Bitpanda refers to systems that independently manage user wallet keys. Besides, the following security measures are offered: fund cold storage session control. Every login attempt from a new device requires two-factor authentication confirmation, authentication and validation via email.

Coinmama

It is one of the most successful crypto-currency exchanges in the market, offering users great deals in buying digital coins with a bank card and fast transactions. Coinmama is considered one of the most reliable digital coin services, and its reputation is unquestionable among experienced traders.

Although the platform is intended for the international market, the interface of the official website is translated exclusively into English. It should be noted that Coinmama is not an exchange that traders know in the traditional sense. Unlike its competitors, here users can buy and sell cryptocurrencies just like on an exchange, without using the usual terminal with the order book, TradingView chart and other usual functions. In addition, there is no built-in wallet on the site; instead, customer funds are transferred to a specified address. This approach is more secure, as the clients' funds will not be affected in any way in case of hacking:

  • The website sells Bitcoin, Ethereum. Litecoin, Bitcoin Cash, Qtum, Ripple, Ethereum Classic, Cardano, Tezos and EOS.
  • The use of credit or debit cards implies a service charge of 5%. Besides, the charges 3.90% for buying coins and 0.9% for selling these.
  • No Wallet.
  • Credit/debit cards and bank transfers; It supports SEPA and SWIFT payments.
  • Coinmama is a reputable company with a secure site using Trust Guard and Comodo technologies. Both services have confirmed that 256-bit SSL encryption is actively used on pages containing personal information.
  • Mobile app.

Paxful

The Paxful crypto-currency exchange is a peer-to-peer platform that connects Bitcoin buyers and sellers. Paxful impresses above all with its user-friendly and intuitive user interface, as well as its high speed and transparent transaction terms. The company supports over 300 payment methods, including gift cards.

The service is suitable for both experienced traders and beginners. The advantage is that various guides and training materials are provided for inexperienced traders. On the page of the service you can also find the project blog, which contains not only the latest news from the organization, but also useful and informative articles on financial topics, news about cryptocurrencies and educational materials.

Storing coins on the platform is not acceptable - they are sent immediately to the customer's crypto-currency wallet address.

  • Bitcoin and Tether as assets.
  • Commissions are applied for crypto selling:0.5% for bank transfers; 1% for bank cards and e-payments; 3-5% for gift cards; No commission is charged for buying cybercurrencies; Paxful will charge a transfer fee for sending funds to an external wallet. $ 0 - $ 9.99 = 0.0001 BTC$ 10 - $ 19.99 = 0.0002 BTC;More than $ 20 = 0.0005 BTC.
  • The Paxful Wallet App makes it easy to store and manage coins with your mobile wallet.
  • More than 300 ways to buy coins, including bank transfer, credit and debit cards, PayPal, Western Union, and even Amazon, iTunes or Steam gift cards.
  • The security of the system is ensured by two-factor authentication, depositing and the obligatory verification procedure when working with large amounts.
  • Paxful Wallet for Android and iOS.

HitBTC

HitBTC is a multi-currency platform with a beautiful design and an attractive rebate system for big traders.

The official founder of the exchange is entrepreneur Dave Merrill. In 2013, he gathered a team of experienced developers, financial experts and crypto-enthusiasts to launch his first crypto company. Incidentally, there is no public information about the full HitBTC team.

HitBTC currently supports a large number of crypto-currencies and crypto-currency pairs, so it is very popular among traders. HitBTC's community consists of users from over 150 countries. The service has a large number of social media followers:

  • 800 currency pairs.
  • No commissions for deposits and a fixed commission for withdrawals depending on the coin; HitBTC uses a multi-level trading fee calculation system. The more a user trades, the lower his commission will be.
  • No crypto wallet.
  • The HitBTC exchange can be replenished exclusively with digital currency.
  • The platform provides 2-factor authentication, high-end encryption technology and cold storage of funds.
  • No application.

In 2021, popular exchanges offer the opportunity not only to trade, but also to earn money by holding cryptocurrencies in their accounts, which is called staking (like a deposit in a bank). They hold a certain crypto currency for a certain amount of time and receive dividends for it. In addition, exchanges have direct exchanges between P2P users, issuing credits, intra-exchange cryptocurrency (example: Binance BNB) given for certain stocks (shares, contests) and more.

SIMPLE AND RELIABLE
MONEY WITHDRAWAL
Skrill
Neteller
Perfect money
Mastercard
Visa
Webmoney
Astropay