1. Binance
Binance is a cryptocurrency exchange platform based out of Hong Kong. It was founded by Changpeng Zhao (CZ) in 2017. CZ started his career at Goldman Sachs in their electronic trading division where he worked for about seven years. In 2013, he decided to leave and start his own venture; Binance. CZ states that he wanted to create an easier way for people to use blockchain technology in their lives. He originally started the project out of his garage and released the first version of the site in July 2016. By October 31st, 2018, Binance had $1 billion dollars worth of trades happening on their exchange per day.
2. Coinbase
Coinbase is a digital currency wallet and payment processing service founded in 2012 by Brian Armstrong and Fred Ehrsam while they were students at University of Pennsylvania. The company was initially focused on making bitcoin payments easier for users, but over time grew to offer services such as bank accounts and credit cards for consumers who want to buy and sell cryptocurrency. On January 30th, 2019, Coinbase announced that they would acquire Earn.com, a mobile app that connects freelancers to clients who need work done.
3. Kucoin
Kucoin is a cryptocurrency exchange platform headquartered in Hong Kong. Founded in June 2015, Kucoin claims to have “the world’s largest asset listing selection” and offers both spot and futures markets for trading. As of April 1st, 2018, Kucoin had approximately $700 million dollars in volume each month. Their platform is user-friendly and provides a wide range of features including margin lending, market depth charts, and technical indicators.
4. Kraken
Kraken is a United States-based cryptocurrency exchange platform founded in 2011. The company is headed by Jesse Powell and Michael Arrington. Before starting Kraken, Arrington was cofounder of TechCrunch and founder of CrunchFund. His experience in finance combined with his expertise in technology make him a great fit for the CEO role at Kraken.
5. Bitfinex
Bitfinex is a United States-regulated forex and crypto trading platform founded in 2014. The company is operated by iFinex Inc., which is led by Tertius Pickard. Bitfinex focuses primarily on peer-to-peer trading between fiat currencies and cryptocurrencies. The company is known for its reasonable fees and outstanding customer service.
6. GDAX
GDAX is a digital currency exchange platform founded in February 2014 by the same team behind Coinbase. Like Coinbase, GDAX specializes in consumer-focused products like digital wallets and bank accounts. In August 2014, GDAX launched institutional grade platforms and expanded their offerings to include futures contracts.
7. Okex
Okex is a Singapore-based cryptocurrency exchange founded in September 2017 by OKEx Group. The company is regulated by the Singapore Fintech Association and operates under the Okex brand. Okex offers CFD trading and leveraged trading with no minimum deposit requirements.
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