ExchangeWar: Cryptocurrency Exchange List & Detail Features?
What Is ExchangeWar?
As investing in crypto continues to become popular, a growing number of existing and new traders often visit top exchanges to trade various coins. As with crypto, there is a wide range of exchanges from which to pick. Thus, ExchangeWar developers decided to create a list of the top exchanges by volume.
How ExchangeWar Works
Listing on this exchange is based on the trading volume of Bitcoin. Right now BitMEX is leading in Bitcoin trading volume in the last 24 hours where over 582 thousand BTC have been traded. On the fifth column, the exchange also indicates the trading commission.
On the list of least fees, Luno from South Africa is leading. They charge -0.2%-0% on the Maker fee and 0%-1% on the Taker fee. For you to change the listing according to a given column, simply click at the top of that column. The exchanges will then be listed in ascending or descending order of the coin you pick.
For instance, exchanges with the least BTC trading volume are about 30 with zero BTC trading taking place. However, it is worth noting that the most popular exchanges by volume do not also have the lowest transaction fees. It would appear that other factors are considered when picking an exchange. This is a useful statistic a newbie would find helpful.
ExchangeWar Cryptocurrency Exchange List & Detail Features
The exchange list is updated every 10 minutes. When it started, there were only 10 exchanges listed. However, there are now 156 exchanges listed. Upon visiting the comment section, you will find that there is serious lobbying to have even more exchanges listed. If you are a newbie, you might wish to visit these exchanges, though cautiously, to learn about them.
The News Column
One column that is worth mentioning is the news column to the far right of the table. This column is often updated with the latest news articles’ links. Thus, you can always keep an ear close to the ground about an exchange. For instance, you will get to learn about various scams that people may attempt on exchanges and how to avoid them.
The Features Column
Before the new column, there is a column, which lists what features you can expect to find at an exchange. The column does not contain all features, but it contains interesting ones such as margin trading. If you are new to crypto, most of these features might not matter to you. However, they may prove quite interesting for crypto trading experts.
The Fiat Currency Section
In some exchanges, fiat is accepted while others will only accept crypto. For instance, Binance, which is second by trading volume for BTC only accepts Tether. Other exchanges are more flexible and will accept payment options such as credit cards and debit cards. This can be a useful feature if you want to save time. It will ensure you quickly pick an exchange that accepts your available payment option.
In general, this is a great crypto exchange comparison site with a lot of information to offer any crypto trader. If you are new to crypto, it definitely needs to be one of the tools in your arsenal.