Bitcoins Exchanges Market Review In recent times, Bitcoin Exchanges platforms have flourished all over the world and it has become hard for the traders to decide which one to choose. Here, follows a recap of the Leading World Echanges.

According to BitcoinCharts, today BitStamp the British Exchanger is the wolrd leader with a 39% market share, followed by Mt. Gox the Japanese Exchange. Mt. Gox was the first Bitcoin Exchange

! Source BitcoinCharts

EUROPEBITSTAMPBitstamp the world leader provides an efficient Bitcoin exchange solution with robust trading services and easy deposit and withdrawal of traditional currencies. Bitstamp acts as an exchange where users buy and sell among themselves at the best prices offered on the system. Also, his users can enter limit orders that stay open until they are either cancelled by the client or executed in the market. For deposits and withdrawals Bitstamp supports US dollars, British pounds, and Swiss francs. BTC-e

BTC-e is a Bulgarian Exchange for Bitcoin and certain Alternatives Coin. BTC-e has a good range of trading options as users can trade for US dollars, Russian Roubles and Euros. BTC-e does take a small charge for receiving deposits though, and be sure to use the

account information on the funds page so that BTC-e knows the deposit is destined for your account.

UNITED STATESCOINBASECoinbase is the leading domestic exchange in the United States. Coinbase trading participants are confined to a single region, which reflects the demand and supply from that region only. Also, it is not really an adequate exchange for bitcoin price discovery as its bid- offer spread is derived from wholesale partners, like Bitstamp.Other such as Tradehill have recently paused their operations in order to wait for a clearer regulation and probably a proper MSB licence. COINMKTFew days ago, Los Angeles bitcoin exchange CoinMKT has announced a US-based banking partner. As a result, the company is now able to accept bank wires from US bank accounts. Not many exchanges currently have the ability to accept banking wires, and the ones that do have experienced massive user expansion. Exchanges that have the ability to link directly to the US dollar via a banking institution are more attractive to investors. CoinMKT users can now trade between USD and 9 cryptocurrencies in total. The US company CoinMKT recently announced the addition of three more altcoins to its exchange: Megacoin (MEC), Worldcoin (WDC) and Quark Coin (QRK). Terracoin (TRC). CoinMKT s new maker-taker commission structure means that the maker is rewarded 0.25%; the taker is charged 0.75%. CoinMKT also takes 0.5% as part of its fee. The company is also announcing the addition of three more altcoins to its exchange: Megacoin (MEC), Worldcoin (WDC) and Quark Coin (QRK). Terracoin (TRC), which CoinMKT is now referring to as “problem plagued”, is being removed. BTX TraderBitcoins exchange markets as a BTX Trader, a New York based firm, the first trading platform to allow users to execute orders from Mt. Gox, BTC China BTC-E, CampBX and BitStamp. Users have access to 90% of the wolrd's Bitcoin liquidity pool. The BTX Trader software lets users monitor real-time place, stop-loss orders on trades, price feeds and use various charting tools.In addition, BTX Trader supports market data from Bitfinex, Kraken & LocalBitcoins.

! ASIA

MT. GOX (JAPAN) is the most widely known bitcoin exchanges. International wire transfers are not the only option to deposit funds at Mt. Gox account, as you can use credit card. Regarding fees,

Mt. Gox takes 0.6% on small trades. In addition, withdrawal delay can be as long as 21 days for international transfers.

MtGox was in fact the very first firm to provide Bitcoin/USD exchanges. It remains among the biggest company in terms of liquidity & user base. One of the greatest advantages of MtGox is that their services are also available on mobile devices.

HUOBI

Huobi replaced BTC China as China’s biggest exchange, despite frequent criticism over its slow loading speed and other glitches, won the top spot largely due to the fact it offered an alternative depositing solution when most of its competitors remained shell shocked. One of these depositing options involved Li Lin, CEO of Huobi, personal bank account.

However, this option has reportedly been removed. The exchange also stuck to its commission-free policy when others like OKCoin and BTC China reinstated per-trade commission fees, which contributed to its popularity.

However, a commission-free exchange is an attractive crash pad for automated trading software, which seeks to profit on Bitcoin’s daily ups and downs. BTC China and OKCoin both suffered a substantial loss of users in the aftermath of the ban. The reason? The suspension of deposits and the introduction of unpopular trading commissions in order to limit volatility and please the PBC.

OKCoin, in particular, underwent a confidence crisis after its CEO Xu Mingxing was accused of faking trading volume. However, a commission-free exchange is an attractive crash pad for automated trading software, which seeks to profit on Bitcoin’s daily ups and downs.

BTC China’s voucher system

Most exchanges have implemented systems that enable traders to charge accounts. There are, of course, drawbacks to a wire transfer approach, which involves manual processing, and can take a long time.

A more innovative approach has been taken by BTC China. It debuted a voucher system that enables users to turn their bitcoin or fiat money deposits into codes, which can be traded offline and redeemed on the exchange. These are the types of exchanges that will be driving bitcoin forward in the developing world. Experts expect that we will have more and more local exchanges in each country what because they are simpler to use and they meet the needs of most local bitcoin traders.

Written by: Andrea Knezevic

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