When people have invested in cryptocurrencies, there is to many speculations as to when to buy or sell your cryptocurrencies, and it is necessary to know how to buy and sell these virtual currencies to obtain benefits. In with Askwhales, you can find out how to sell cryptocurrencies easily through the best exchanges out there.

How to buy Cryptocurrencies?

The most common way to buy the currency is through an online broker like the ones we are going to mention down below. These allow users to use a credit or debit card to transfer dollars or euros for Bitcoin, Ethereum, Litecoin, and Ripple. For example, Coinbase has an excellent track record since it has exchanged more than 20 billion dollars in cash in Bitcoins, and has support in several countries.

How to sell cryptocurrencies?

To sell cryptocurrencies, you can act in different ways, either through an Exchange, through Bitcoin ATMs or by agreement between users. In most cases when we talk about selling cryptocurrencies we want to change cryptocurrencies for conventional money, for example, sell Bitcoins or Ethereum for euros.

The steps to sell cryptocurrencies are similar to those of the purchase, even more straightforward, so we will not develop them on this occasion. Let’s see each of the places we recommend to buy, sell and trade these cryptocurrencies:

Etoro: In this platform, you can invest in CFDs of stocks, ETFs, indexes, commodities, and currencies, but with the great particularity of having the functionalities of a social network focused on investment, so that you can see, follow and even copy the investments of other traders.

eToro is a reliable broker. If you decide to trade in it, you can be calm about your money, because you will not suffer any fraud or scam. The main reasons we can use to make this claim are that it is registered with the CNMV and that it forms part of a Cyprus investor compensation fund that covers the broker’s negligence if any.

Binance: This exchange has obtained great importance at the moment, this due to the great variety of cryptocurrencies that can be commercialized, like Bitcoin, Ethereum, Ripple among others, but without a doubt one of the main advantages is that it includes other cryptocurrencies that are not found in the traditional exchanges.

Bitmex: BitMEX, which is an abbreviation of the English “Bitcoin Mercantile Exchange,” is a platform whose product is derived from cryptocurrencies and where investors can interact with financial markets using bitcoin.

Unlike several cryptocurrency exchanges where one is exchanged for another, in BitMEX each user operates with derivatives, that is, swaps and futures, both daily and weekly.

Cex-io: CEX.IO is a very professional portal that has been operating since 2013 without any interruption. In fact, it is one of the safest portals to buy, sell or exchange cryptocurrencies online.

CEX.IO is a secure and reliable platform that allows you to buy different cryptocurrencies. In a matter of minutes, you can get some of the most popular cryptocurrency on the market, such as Bitcoin, Ethereum, Litecoin or the new and promising bets; Ripple, Zcash, and company.

Simple FX: After introducing Bitcoin and Litecoin, SimpleFX proved that it is a company that understands the basic principles of the most popular cryptocurrencies. It is not necessary to provide an identity document to open a Bitcoin, Dash, Litecoin and more recently Ethereum account. It is anonymous. You can deposit your coins and start trading. It is also important to know that the broker offers up to 1: 500 leverage (leverage or yield), which makes the investment with a small amount of money possible. It is very simple and easy to access.

Whaleclub: Whaleclub is a platform exclusively designed for the exchange of currencies and digital currencies, whose operation is very similar to that of other existing platforms in the market. However, it presents a fundamental difference about similar proposals, and that is that it works using BTC, ETH, LTC, or DASH to trade global financial markets as currency to carry out the respective commercial operations.

Binance is one of the fastest growing exchanges in the cryptocurrency market, the increasing popularity of Binance is due to multiple factors, from restoration to multiple languages, having a clean user interface and most notably, extremely high performance (data processing speed).

Changelly:  Is an online platform that allows the exchange of cryptocurrencies instantaneously. Unlike other platforms, here it does not require accounts, and this does not require identity verification (as requested by other companies).

Changelly only handles transactions between cryptocurrencies, which means that conversions with fiduciary currencies cannot be made. However, one can use US dollars or Euros to buy the cryptocurrency available on the page.

Some of these cryptocurrencies available include: Bitcoin, Litecoin, Ethereum, Dash, Dogecoin, Bytecoin.

Localbitcoins: Launched in 2012, in Finland, LocalBitcoins is a platform very different from traditional exchanges. It is an open peer-to-peer market, where people can list advertisements and communicate with potential sellers or buyers. It allows the direct trading of bitcoin between people, without having to go through an exchange and everything that implies. It is currently used in 248 countries; create an account and then proceed to find the appropriate counterpart for you, depending on your accepted payment method, identity verification requirements, and location.

Coinbase: Coinbase is a digital currency exchange based in San Francisco, California. They are engaged in trades such as brokers, Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin with fiduciary currencies in around 32 countries, and bitcoin transactions and storage in 190 countries around the world.

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