Bitcoin Cash (BCH) has officially arrived on Coinbase, which means you can now easily buy, sell, send, and receive the digital currency without having to manually set up a wallet or trade on an exchange like Poloniex. This addition has boosted the price of BCH, which is currently trading at around $3,400 a coin.
Bitcoin's wild price fluctuations — and by extension, Bitcoin Cash, Litecoin, and Ethereum — can be terrifying if you're new to trading cryptocurrency. Seasoned traders, however, see these price movements as opportunities to maximize their holdings and profits. With Coinbase, you can trade cryptocurrencies more efficiently.
Binance, a China-based cryptocurrency exchange, is rapidly gaining popularity thanks to the sheer selection of digital currencies you can purchase — Ripple (XRP), Tron (TRX), IOTA, and Stellar (XLM), to name a few — using both Bitcoin (BTC) and Ethereum (ETH). Binance has an iOS app, and there are a couple ways to install it. Either way, you can trade cryptocurrency from your iPhone today.
As cryptocurrencies gain mainstream acceptance, it's not far-fetched to think that we'll one day be able to buy alt coins like Ripple (XRP) and Stellar (XLM) using debit cards and bank accounts. Until then, we'll have to rely on using bitcoins and ethereum to buy digital coins. Thankfully, depositing and withdrawing cryptocurrencies with Binance is relatively hassle-free.
In just a few months, Binance has experienced explosive growth, overtaking its rivals to rank among the top three cryptocurrency exchanges in the world by trading volume. Without a doubt, Binance is now among the best sites for trading alt-coins like Ripple (XRP), Stellar (XLM), and NEM (XEM) to name a few.