There are nearly 1,000 different forms of cryptocurrency available online. And with the rise and fall and fall and rise of Bitcoin featuring regularly in recent headlines, most of us have at least some idea of what it’s all about.
Difficult to counterfeit and non-regulated by a central bank or government, cryptocurrency gets its value from the internet itself.
Cryptocurrency has led to a number of new or amended dictionary entries: blockchain (shared and extensively encrypted public digital ledger for secure cryptocurrency transactions), mining (the method through which more cryptocurrency is released onto the net), mobile wallet … the list goes on. By bypassing centralised banks, cryptocurrency has earned a positive reputation. Add the low transaction fees, high security levels, anonymity, accessibility and the fact that it is difficult for fraudsters to make a purchase and then renege on making payment to this mix and we are faced with the fact that the cryptocurrency phenomena will only grow. Already, some of the major payment processors are adding the best known cryptocurrency option to their services.
So once you have bought or mined your Zcash, Bitcoins, Litecoins, Moneros or one of the many other types of currency out there, you might think it’s time to trade. You will find a list of various cryptocurrency trading platforms below, but beware – trading requires specialised knowledge.
You need to know how it all works. There are hundreds of trading platforms available, not all of them respecting national or international legislation. Many of them are far from user-friendly. By looking through our list of alternatives we are sure you will find the best trustworthy trading platform for your digital currency trading needs.