The Crypto Currency Exchange 

There are many crypto currency exchanges in the Boston area or in the whole USA.  Some of these exchanges are reporting their activities with the local authority, but, many offshore exchanges are not. Since crypto currency or also known as bitcoin is part of the online world. It’s hard to track how big bitcoin exchange is. 

The Crypto Currency Exchanges You Should Try 

• Coinbase Pro - The exchange has been operating since 2012 and is based San Francisco. They are a regular player in the crypto world and available in around 100 countries.  Coinbase Pro exchanges a number of currencies, which includes US dollar.  Users are required to go for authentication before any transactions could be made.  The exchanges give value to security.

• Kraken - Another regular in the crypto world and was introduce last 2011.  The exchange supports US, Canadian dollars and so with the Euros.  A big portion of its funds are stored in cold wallets.

• Binance - A new kid in the crypto universe, Binance started operating last 2018 and is considered as a young exchange.  It prides itself as a fast exchange, which is able to transact 1.4 million in a second.  Supporting Ethereum and Ripple.

• Gemini - Is famous for their founder, the twins who claimed to have founded facebook.

• Huobi - The exchange is founded in China and is headquartered in Singapore. The exchange supports Bitcoin and several more crypto currencies.  The exchange allows their users to buy crypto currencies sing their debit and credit cards. 

Choosing which among the exchanges above is good for you, will be a challenge.  You can try the following: 

• Check if they are operating legally - It is important to check if this exchange is legally operating. This will be an assurance that your fund is secured.

• Consider the number of currencies they process - It is best to deal with crypto exchange that process many crypto currencies. This will give you more flexibility and choices.

• Know the founder and the people behind the exchange - Who are the people behind its management? Are they trustworthy? Do they have the reputation? 

Crypto exchanges are available in many parts of the US, which includes the Boston area. Investing in crypto currency is fun and at the same time challenging.  For the mean time, it is still considered as an underworld trading, but, many people are optimistic, that in the near future, the world will embrace the crypto technology.