After a huge 2017 for cryptocurrencies, there has been a surge in new cryptocurrency exchanges cropping up.
To invest in any cryptocurrency you will have to use an exchange in some form or another, therefore it’s important you know what you are getting yourself in to.
As there is no regulation for this market yet, it can be seen as the wild west of the financial sector, which is why you need to do your research. What it essentially boils down to is; firstly and most importantly, can you trust the exchange, is it safe? And secondly, how much are the charges and how transparent are they?
Whilst these are the important aspects, there are other things you should be looking at when deciding which you’re going to use. One investor may be better suited to one exchange than another, an example is simply the difference between experienced and non experienced investors.
Using the infographic below we look at all the variables that should be taken into account when choosing your exchange in 2018, highlighting the largest exchanges on the market and offering a few tips to making your decision.