Finally, a Cryptocurrency exchange for the masses and Happy New Year!
If you’re like most people that are trying to get into the cryptocurrency market for the first time you’ll need to do it using your “regular money” (fiat currency) from your bank account or credit card. Unfortunately, it’s VERY DIFFICULT (if almost impossible at this point) to do so in the current state of the market.
BINKD is here to change all that by providing a US-based Hybrid Cryptocurrency Exchange with a user-friendly mobile Broker app and website that will allow anyone to easily buy and sell cryptocurrency with their fiat currency.
Currently, Out of the top 10 exchanges:
- Only 5 allow Fiat deposit/withdrawal. All 5 are either NOT accepting new signups, have long delays, not available to US residents, or have not launched yet.
- 7 out of 10 are fully Centralized exchanges
- 3 are in Test or Alpha stages
- And the rest are just awful, non user-friendly, or just plain “down”.
Top 10 Cryptocurrency Exchanges (according to us):
And their unfortunate circumstances…
BITSTAMP (Centralized)
Experiencing long delays setting up new customers.
SEE THE CHANGE LOG https://www.bitstamp.net/account/changelog/
Fiat Deposit/ Withdrawal: Yes
Location: Slovenia / UK
COINBASE (Centralized)
Good user experience design when it’s working. Very unstable, long delays, disrupted service.
Fiat Deposit/ Withdrawal: Yes
Location: USA
Slow and unstable
KRAKEN (Centralized)
Very poor user experience design. Long delays, unstable. Degraded service message as of 11/27/17
https://blog.kraken.com/post/1413/update-on-system-performance-and-upgrade/
Fiat Deposit/ Withdrawal: Yes
Location: USA
BINANCE (Centralized)
Poor user experience.
Fiat Deposit/ Withdrawal: NO
Location: China
BITTREX (Centralized)
NOT accepting NEW signups as of 12/27/17
https://support.bittrex.com/hc/en-us/articles/115003463331
Fiat Deposit/ Withdrawal: NO
Location: USA
BITFINEX (Centralized)
NOT accepting NEW signups as of 12/27/17. Not available to US residents as of 8/17
Fiat Deposit/ Withdrawal: NO
Location: Taiwan
OKCOIN (Centralized)
NOT available in USA
Fiat Deposit/ Withdrawal: Yes
Location: China
EIDOO (Hybrid)
NOT launched exchange yet.
Fiat Deposit/ Withdrawal: Yes
Location: Switzerland
EtherDelta (Decentralized)
Only on Testnet
VERY poor user experience. Must install MetaMask browser extension.
Fiat Deposit / Withdrawal: NO
Location: Blockchain
KYBER NETWORK (Decentralized)
Currently only on TestNet (Alpha)
Fiat Deposit / Withdrawal: NO
Location: Singapore
Where is Binkd located?
We are a growing and decentralized organization with team members in Boulder, CO, San Francisco, CA, and Hyderabad, India.
What if I have more questions?
Please don’t hesitate to contact us directly or reach out to us here.
