Because it isn't a full exchange, it is considered to be more secure than a site like Coinbase, where you can bet that bad guys are constantly attempting to hack. Jun 22, Your bitcoins should not be stored on ANY exchange! If you want a secure Bitcoin wallet you will need to use a hardware wallet like the Ledger. Which is why many have started looking into the best bitcoin exchanges to dive into the trend. Although most stories about Bitcoin that hit the news are about the . Never commit any more than this sum to your trading account. Poloniex used to rig bitcoin the largest cryptocurrency exchange, but lost a lot of users when it had bihcoin scaling to support a surge of new signups. Some are in less regulated countries, and there may be additional problems if something goes awry. Close proximity to the Wall Street financial markets allows the company to easily provide a bridge from more traditional investments to newer cryptocurrency markets, for both individual and institutional investors. Cryptowatch is a somewhat new trading site in the Bitcoin space. Unfortunately, not everything is a pro about this exchange. Coinbase GDAX. Some will also accept cheque and cash deposits from such money processing companies as PayPal, Skrill, and Sofort.