Changelly takes a different approach to the exchanging process. Instead of letting users store their cryptocurrency on their exchange, they set up conversion transactions. Users select an input and output currency and an amount. In the above example, I selected .1 BTC and an opposing amount of ETH is automatically determined at the going rate. Then, Changelly provides an address to send the Bitcoin to, and asks for an address to send their Ethereum to.

A Poloniex exchange review also reveals that this US-based crypto exchange was hacked in March 2014. The hack resulted in the loss of 12.3% of all the Bitcoin held at Poloniex at the time. Poloniex Founder and CEO, Tristan D’Agosta, handled the situation well – something that generated praise from the crypto community at the time. Poloniex has since then faced many challenges, including those regulatory in nature. In addition, Poloniex was acquired by Circle in 2018, the company behind Circle, a multi-currency app that allows for instant money transfers.

Livecoin was launched in 2013 and claims to be the number one cryptocurrency exchange out there. The location of the exchange’s headquarters and offices are unknown, as there are mentions of London, Seychelles, and Belize online. Their website, however, does not provide an address for the platform. The exchange offers trading in around 150 cryptocurrencies, which is an impressive number. The exchange does not focus on a certain region in the world, but rather is looking for a variety of different, global user profiles.

Gibraltar Blockchain Exchange, working under and in conjunction with its parent company GSX Limited, comes across as a very reliable one. Starting from the website - it is well organised, fast, responsive and provides the user with all they might like to know. The team itself is very transparent about themselves and appear highly capable of running a world-class exchange. GBX is home to plenty of professionals with extensive experience, headlined by leading founder and CEO of the Gibraltar Stock Exchange, Nick Cowan.

Liquid is a Japanese-based exchange, previously known as QUOINE. The Liquid platform launched in September 2018, after its parent companies, QUOINE and Quoinex, have been operating in the crypto space since as early as 2014. The platform was originally set to introduce novel concepts explained in the QASH ICO that QUOINE held, in November 2017, which was successfully concluded at an impressive $104M raised. Since then, QUOINE and QUOINEX merged into Liquid, which is now, in our opinion - the best altcoin exchange no one talks about.

LocalBitcoins offers a highly trustworthy escrow service and peer-to-peer (P2P) exchange. On the exchange, users to trade among themselves. Due to the nature of the transactions on the exchange, there is a resolution and feedback system. It also allows users to post a quick buy or quick sell ad on the exchange platform. It is one of the best cryptocurrency exchanges for peer to peer trading.

Coinsuper is a digital asset trading platform / cryptocurrency exchange that offers trading access to no less than 95 active markets, including various currency pairs, both crypto and fiat currency pairs. A Coinsuper exchange review reveals that this Hong Kong-based crypto-asset exchange was founded during the 2017 crypto bull market. Coinsuper seems to be part of the Singapore-based financial and blockchain technology group, Higgs Block – although this may no longer be the case.

Stex, an abbreviation for Smart Token Exchange, claims to be one of the most innovative cryptocurrency exchange platforms out there. Stex is currently registered in Estonia, one of the very few countries to have a regulation on licensing cryptocurrency exchanges, along with Malta and Gibraltar. The platform is run by Etna Development, an Estonian private company that works under Estonian and EU regulations.