Crypto currency trading sites

Join our telegram group to receive live updates on the latest blockchain & crypto news from your favorite projects another advantage of using CEX.Io is that it offers the use of credit card for purchasing cryptocurrencies.

Top forex bonus list

Best 7 Cryptocurrency Trading Sites For Beginners, crypto currency trading sites.

However, the following countries are restricted for credit card purchases: iceland, vietnam, afghanistan, algeria, bahrain, iraq, kuwait, lebanon, libya, nigeria, oman, pakistan, palestine, qatar, saudi arabia, and yemen.

Best 7 cryptocurrency trading sites for beginners

The tremendous benefits brought to us by the technology of the blockchain, one of the most important, the emergent of cryptocurrencies, have gained much popularity amongst different calibers of individuals as a result of its different use-cases fitting almost every aspect of human lives.

With the rapid growth rate being experienced in the community, it’s often difficult for some individuals to get started with trading, especially when they can’t figure out the most suitable trading tools, one of which is the exchange platforms.

To enjoy trading on exchanges, usually, there are a couple of important features that make them easy to use for new joiners to the cryptocurrency market. The more you can find on a given exchange out of these features the better you are equipped for trading as a newbie on the market.

Here are a few things you will want to consider before picking the best cryptocurrency exchange suited for your trading and speculative needs.

Almost all the exchanges charge one fee or the other. It is inevitable to experience transaction fees or transfer fees. As a beginner, learning and trying to manage your funds, you need to carefully select the proper exchange that helps you minimize the costs of trading.

Verification requirements–

Verification processes might be time-consuming and overwhelming sometime, however, you need to be patient, and follow the step-by-step processes needed for complete verification. One of the major reasons for verification is to avoid dubious activities by traders, and to allow the exchange track any suspicious activities going on, on the exchange.

Security–

Also, another very important feature to look out for is the security. You need to make sure the exchange you are choosing is secured with at least two-factor authentication. If the exchange does not implement the use of two-factor authentication, then you must be aware.

Ease of use –

The organization of trading tools must be easy for the new users to understand. The presentation of tools must be simple and easy to interact with, not just for experienced traders, but also for the new users.

Security of funds –

Users funds must be properly secured. Like the modern exchanges, funds are often stored offline rather online, to avoid illegal access to users’ funds online.

Reputation–

Having bad experience sometimes is inevitable, however, if the general opinion of the people on an exchange is positive, it can be deduced that the exchange has a solid reputation, and it’s trusted by traders to maintain the value of the exchange.

Region–

It’s also important to select the exchange that supports your region. Difficulties in compliance with some governmental restrictions on the use of cryptocurrencies in some regions make it difficult for some exchanges to extend their services to some parts of the word. As a beginner, you need to make sure your region is supported by the exchange you are choosing.

Best 7 cryptocurrency trading sites for beginners

Having those features in mind, we’ll guide you through some of the carefully selected trading websites for beginners.

Binance

One of the most popular exchanges for both the beginners and advanced users. Binance provides options for basic and advanced trading tools to sooth wide variety of users. Another interesting feature of the exchange in satisfying users’ needs is the fact that they not only provide a web application for their trading platform but also mobile application supporting both the android and ios.

Binance is known for its advanced level of security built by professionals from in industry. The exchange is also known for its offline storage of funds to protect its users from losing funds should there be any attack.

Binance offers zero charges for deposit. However, withdrawals are subject to the conditions of the blockchain at a point in time. Users can calculate withdrawal fee based on the predefined gauge set by binance. In addition to that, settling your trading fees with the traditional BNB tokens gives you a discount of up to 50% in your trading fees.

You can check the statistics of the countries supported by binance here

Coinbase

Coinbase is another exchange that supports bitcoin, bitcoin cash, ethereum, and litecoin. It has a very simple and easy-to-use user interface. Unlike binance, coinbase allows you to exchange your fiat-currencies to cryptocurrencies and vise-versa.

The exchange allows you to enable two-factor authentication giving you a firm assurance on the security of your funds. However, the exchange strictly requires you to complete necessary know-your-customer details before you can go ahead with any trading activity.

Additionally, the exchange has a responsive mobile application giving its user on-the-go access to their portfolios.

You can check the list of countries supported by the kucoin exchange here

Kucoin

Kucoin is another exchange that allows an only crypto-to-crypto exchange. It has a simple user interface with easy-to-use trading tools. Kucoin is also known for its standard transfer encryption protocol for data transfer layers, meaning that all of the sensitive data and user data are stored in an encrypted data format. Also, there is multifactor dynamic authentication for additional security. Additionally, kucoin has a dedicated risk control system with strict standards for operating and using data involving multilevel review and approval.

Another very important feature of the exchange is the fee structure. As a newbie, trading becomes much easier with the reduced

Kucoin takes charges no deposit fee, and the trading fee is set at only 0.1 percent. Additionally, kucoin happens to be one of the few exchanges that pay you neogas for holding NEO on it.

Changelly

Changelly is another very accessible exchange. It doesn’t require you to undergo the tedious KYC process but it does require you to sign-in with your email ID. The exchange currently supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR. It also allows you to buy cryptocurrencies with your credit card.

If you are worried about the stress of moving your funds from wallet to exchange, changelly can be used as a complete exchange on its own and can be used directly from some of your wallets including the coinomi wallet, thanks to their wallet integration capability.

The exchange charges a commission fee of 0.5% on each trade, which is minimal in exchange for the volatility and risk that they bear on behalf of their users.

Shapeshift

Similar to changelly, shapeshift also offers an easy way to exchange cryptocurrencies. Shapeshift greatly reduces the risk of stolen funds and it increases privacy because it requires no account or personal data to use. The exchange offers a nice and easy-to-use user interface erasing all complexities.

When using shapeshift, users can choose between quick and precise orders. Quick transactions refer to a transaction where the user inputs the receiving address and is given a deposit address from shapeshift. Using quick order, the user is not required to specify how much of the wanted altcoin is required, as they can deposit whatever they like. The precise transaction allows a user to receive the exact number shapeshift can be used in almost everywhere in the world except the new york and north korea.

CEX.Io

CEX.Io is a UK-based exchange that offers the buying/selling of cryptocurrencies. It is also one of the beginners’ friendly websites because of the easy-to-use user interface and accessible trading tools. Similar to coinbase, CEX.Io also allows the exchange of crypto-to-fiat and fiat-to-crypto transactions. Additionally, as an effort to make things easy for the users, the exchange is made available across all the major mobile platforms including android and ios.

It should be noted that cex.Io accepts customers from all over the world, excluding the USA and north korea.

CEX.Io takes all the necessary security feature serious. The two-factor authentication and use of security questions are also employed for account protection. Also, the majority of coins are stored in the cold wallet. The exchange also offers SMS and email alerts.

Another advantage of using CEX.Io is that it offers the use of credit card for purchasing cryptocurrencies. However, the following countries are restricted for credit card purchases: iceland, vietnam, afghanistan, algeria, bahrain, iraq, kuwait, lebanon, libya, nigeria, oman, pakistan, palestine, qatar, saudi arabia, and yemen.

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8 best exchanges to trade crypto with no fees (zero commission)

Best no-fee exchange for

Did you know the most popular cryptocurrency trading platforms in the world such as coinbase, binance and etoro take a small amount of your account balance each time you make a trade?

This is where zero-fee fee crypto exchanges can allow traders to buy, trade and sell bitcoin and cryptocurrencies assets without paying any fees. For active investors, it could be the difference between a profitable and losing trader in the long run. In this article, we will share the best places to trade cryptocurrency without fees.

How to trade cryptocurrency without fees

To trade cryptocurrency without fees or commissions, follow these simple steps:

Click the 'products' link and select 'spot trading (zero fees)'

Search for bitcoin or another cryptocurrency you want to buy, trade or sell

Enter the amount of crypto to buy or sell against another coin

Click on the 'buy' or 'sell' button to complete the trade without fees

Before getting started, some exchanges require you to own a bitcoin hardware wallet such as the ledger nano X. If you don't have a wallet, read our guide on the best cryptocurrency hardware wallets.

Platforms to trade bitcoin with no fees

Here is our list of the best crypto exchanges to trade bitcoin without fees (with our commentary):

Phemex (lightning-fast trade execution speed and features a demo trading account)

Crypto.Com (global digital asset service that offers a wide range of products)

Kucoin (trusted by 1 out of every 4 crypto holders in the world)

Digitex (suitable for crypto day traders, uses native exchange token as collateral)

Amplify (trade over 14 crypto pairs against fiat, BTC, ETH or native token)

Shapeshift (instantly swap crypto with zero fees and commissions)

BLADE (exchange is backed by coinbase and other world-class and trusted investors)

Lykke (an innovative digital exchange that offers forex, crypto and crypto index trading)

Overall rating

Our review

Website

Phemex

Phemex is a cryptocurrency trading exchange that offers spot, derivatives and simulated trading all on a single unified platform. The trading platform offers it's premium users the ability to trade crypto with zero-fees on its spot exchange for the major cryptocurrency assets such as bitcoin, ethereum, XRP and link.

Founded in 2019 by a group of 8 former morgan stanley executives, the team is focused on creating a trustworthy digital platform and become a leading financial services provider in the cryptocurrency industry. Phemex supports traders all over the world such as the united states, australia and the UK.

Phemex exchange is packed with features such as:

Trade crypto without fees on its spot-trading exchange (for premium users)

Derivatives trading up to 100x leverage with BTC & USD contract settlement

Competitive trading fees on margin trading platform

Advanced order types to manage risk

Cryptocurrency demo account for beginners to practise

300k transactions per second (TPS)

Cold wallet storage to keep funds safe on the exchange

Fast and responsive mobile trading app

Traditional financial assets (coming soon)

Users that create an account with phemex receive free access to the premium membership for 7 days. This can be extended to 30 days by referring a friend to the exchange. Once the trial ends, users on the exchange will need to purchase the premium membership which starts at $0.19USD per day to continue to trade bitcoin with zero fees.

While it might seem add to pay a subscription for no fee crypto trading, for high volume investors and crypto day traders, this is a very small price to pay to buy, trade and sell crypto without paying fees or commissions.

Crypto.Com

Crypto.Com is a digital asset platform that offers several cryptocurrency products and services. The exchange has seen massive growth in recent years and has over 1 million users on its platform and is a supported cryptocurrency exchange in the US. Crypto.Com is a popular platform that offers a powerful alternative to traditional financial services, making it easier for everyone to buy, trade and sell cryptocurrencies.

Get $50 FREE when you download the app and stake CRO for a MCO visa card using our referral code 45h3ct59tv. Get your debit card now!

With its growing list of features and crypto services, we expect crypto.Com to be one of the best cryptocurrency companies in the world within the next few years to rival the likes of binance and coinbase.

Crypto.Com is continually innovating and developing new crypto services and products for its users to accelerate the adoption of blockchain technology and improving the user experience of using cryptocurrencies. The exchange offers the following limited-time promotional offers:

0% trading fee for the first 90 days for new users

Up to 50% trading fee reduction on all trades for existing users of the exchange

2% bonus deposit interest rate for all deposits made by new users in the first 30 days

Send crypto to crypto.Com app users instantly without fees

Buy bitcoin with 0% credit card fees

The digital currency provider offers a suite of crypto services and features at your fingertips which let's you buy, sell, trade, spend, store, earn interest on crypto, loan cash and even pay bills with cryptocurrency. Crypto.Com have also announced the future launch of margin and derivatives trading to compete with bybit and FTX.

Kucoin

Kucoin is a cryptocurrency exchange that was built to cater to individuals around the globe by providing an easy to use platform for investors to exchange digital assets and cryptocurrencies. Established in late 2017, kucoin is one of the most popular crypto trading exchanges in the world with over 5 million users globally.

PROMOTION: we have partnered with kucoin to offer a special promotion of zero-trading fees for 7 days when you create a new account using our link below.

Kucoin offers innovative crypto services and products including a spot exchange, futures markets, margin trading, staking rewards, lending service to earn interest on crypto assets and even the ability to purchase cryptocurrencies using a credit/debit card.

The well-known trading platform has recently launched an 'instant exchange' to provide access to the best available crypto exchange rate in the global market. Users can purchase cryptocurrencies such as bitcoin, ethereum, litecoin and XRP with zero-trading fees or commissions.

Kucoin instant exchange is a one-click crypto exchange service that was co-developed by kucoin and a top high frequency trading firm in wall street. The integration through the instant exchange allows a quick purchase of the supported cryptocurrencies, with zero-trading fees and the best available prices.

Digitex

Digitex futures exchange (DFE) is a zero-fee, peer-to-peer crypto futures exchange that allows users to trade bitcoin perpetual swap futures contract with leverage up to 100x. The trading exchange is built on ethereum’s blockchain technology to provide a cutting-edge crypto futures exchange with zero trading fees.

The exchange model is based on users having a balance of its own native coin, the DGTX token to be eligible for zero-commission trading. Each user that places a trade increases the demand for the DGTX token.

The platform is able to offer zero-fee bitcoin trading by selling DGTX tokens to earn money. This means, you can trade crypto with high frequency without having to worry about exchange commissions and taker fees eroding your profits.

Overall, we were quite impressive with digitex and the direction the exchange is headed. However, we would like to see improvements to the user interface, which appears dated in terms of functionality and lacks advanced trade order types. This is an important aspect to trading as this is where most of your time will be spent analyzing the charts.

Amplify

Amplify exchange was launched in 2019 to solve issues in the crypto world that inhibit the broader crypto adoption and common frustrations experienced by crypto traders.

The crypto exchange offers customers all over the globe (apart from US and canada) to buy and sell cryptocurrency without paying trading fees. This means there are no additional fees above spot crypto pricing.

Furthermore, there are no prerequisites to be eligible for zero-trading fees such as financial status, degree of trading expertise and/or amount of investment making it suitable for everyone.

Amplify exchange has over 14 crypto pairs such as:

Bitcoin

Ethereum

Litecoin

Ripple

Bitcoin cash

Stellar lumens

Dash

Cardano

Ethereum classic

Basic attention token

Amplify loyalty token (AMPX)

Each crypto pair can be traded against fiat currency, BTC, ETH and the platform's native coin, AMPX token with zero-fees and commissions. When you log in for the first time, you might be a little surprised at the interface. It's not like other margin crypto exchanges. While it is very simplistic and suited to beginners.

Shapeshift

Shapeshift is a digital marketplace that was established in 2014 by erik voorhees that provides a crypto services to users all around the world. The online exchange offers the ability to quickly swap between assets in a seamless, safe, and secure environment.

In a matter of minutes, you can instantly exchange bitcoin to another altcoin and vice versa without any hassle. The team behind shapeshift have recently launched a new platform to buy bitcoin with no fees in an effort to compete with other cryptocurrency exchanges.

To be eligible for commission free, zero spread and zero trading fees on shapeshift, users need to hold their native FOX tokens. When you create an account, shapeshift deposit 100 FOX tokens for free in your account.

The new shapeshift platform allows you to:

Create a new wallet or connect your keepkey, trezor or portis wallet

Visualize your portfolio performance through a powerful dashboard

Trade crypto instantly and for free with over a thousand asset pairs by holding FOX tokens

Buy crypto with your bank account

Send, receive, and HODL your digital assets on your hardware wallet

10 cryptocurrency trading sites 2020

After the big bitcoin boom in 2017, cryptocurrencies are not a secret anymore. With over 5000 cryptocurrencies in existence today and a total market capitalization of almost $200 billion, there are many opportunities for traders to also make a success and profit by trading this market. The topic of today’s article is the top 10 best cryptocurrency trading sites for beginners. Note that this list is in no particular order.

Firstly we will discuss the key components looked at when creating this list as to give you as reader a better understanding and freedom of choice to make your own decision.

Selecting a cryptocurrency exchange to purchase your first cryptocurrencies can be a daunting and overwhelming process.

After all, there are cryptocurrency trading platform in today’s market, with 24-hour trade volume in the billions. So, how do you make your choice?

Here are a few attributes to look at while choosing your cryptocurrency trading platform of choice:

Know your customer (KYC) and security – this is an implementation these sites have where users on the site needs to submit person information. This shows a level of trust and that no money laundering or any other illegal actions is allowed on the site. This creates a safe place to trade and shows that the exchange is following the correct legal procedures. Sites with added security levels such as 2FA (2 factor authentication) also adds another level of security protecting the user themselves.

Fiat exchange – it is important that the exchange on which you are trading allows for fiat deposits and withdrawals. This will allow users to exchange their own national currencies to and from the site making it easy to cash out profits and eliminates the effort to transfer it to another site where it could be then be withdrawn.

Volume – volume is a very important aspect of a good cryptocurrency trading site. Volume in this sense means the amount of people trading on the site, thus the amount of liquid assets that is traded. With low volume trading sites it is difficult to buy and sell cryptocurrencies, which most of the time leads to the trader setting for a too high or too low price. Some exchanges have so little volume that nobody wants to buy your asst which could lead to your asset being stuck in that site. This happens when the exchange stops withdrawals in desperation trying to keep the volume of the site up and growing. This is a big red flag for ay trading website.

Fees – the fees of trading sites could be of great importance for a cryptocurrency trader and not so important for a cryptocurrency investor. If you plan on trading a currency in the short term, it is important to trade on a site with low transaction and trading fees as these could easily make your trade profits less worthwhile.

Selection of digital assets – this is a tricky one. It is optimal that a cryptocurrency trading site does not have too much or too little digital assets available to trade. With too little to trade, it is less likely that the site will have a lot of customers and it in some way also forces a very unstable portfolio as you will only have that asset. Too much digital assets provided on a trading site gives the idea that almost any asset can be listed on the site, making the risk of investing in an asset with no future promise a lot more likely.

There is obviously more factors to keep in mind when consider a cryptocurrency trading site such as the prices of the assets, leverage options and the team transparency, but the above 5 seems like a good enough consideration for a good site.

The article will now discuss 10 cryptocurrency trading sites with their score in each of these 5 factors briefly discussing them.

Etoro

Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading cfds with this provider. You should consider whether you understand how cfds work and whether you can afford to take the high risk of losing your money.

Since 2007, etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (paypal, skrill, or neteller), or bank card, and the minimum deposit amount is $50. Customers may withdraw funds from their etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

8 best exchanges to trade crypto with no fees (zero commission)

Best no-fee exchange for

Did you know the most popular cryptocurrency trading platforms in the world such as coinbase, binance and etoro take a small amount of your account balance each time you make a trade?

How to trade cryptocurrency without fees

To trade cryptocurrency without fees or commissions, follow these simple steps:

Click the 'products' link and select 'spot trading (zero fees)'

Search for bitcoin or another cryptocurrency you want to buy, trade or sell

Enter the amount of crypto to buy or sell against another coin

Click on the 'buy' or 'sell' button to complete the trade without fees

Before getting started, some exchanges require you to own a bitcoin hardware wallet such as the ledger nano X. If you don't have a wallet, read our guide on the best cryptocurrency hardware wallets.

Platforms to trade bitcoin with no fees

Here is our list of the best crypto exchanges to trade bitcoin without fees (with our commentary):

Phemex (lightning-fast trade execution speed and features a demo trading account)

Crypto.Com (global digital asset service that offers a wide range of products)

Kucoin (trusted by 1 out of every 4 crypto holders in the world)

Digitex (suitable for crypto day traders, uses native exchange token as collateral)

Amplify (trade over 14 crypto pairs against fiat, BTC, ETH or native token)

Shapeshift (instantly swap crypto with zero fees and commissions)

BLADE (exchange is backed by coinbase and other world-class and trusted investors)

Lykke (an innovative digital exchange that offers forex, crypto and crypto index trading)

Overall rating

Our review

Website

Phemex

Phemex exchange is packed with features such as:

Trade crypto without fees on its spot-trading exchange (for premium users)

Derivatives trading up to 100x leverage with BTC & USD contract settlement

Competitive trading fees on margin trading platform

Advanced order types to manage risk

Cryptocurrency demo account for beginners to practise

300k transactions per second (TPS)

Cold wallet storage to keep funds safe on the exchange

Fast and responsive mobile trading app

Traditional financial assets (coming soon)

Crypto.Com

Get $50 FREE when you download the app and stake CRO for a MCO visa card using our referral code 45h3ct59tv. Get your debit card now!

0% trading fee for the first 90 days for new users

Up to 50% trading fee reduction on all trades for existing users of the exchange

2% bonus deposit interest rate for all deposits made by new users in the first 30 days

Send crypto to crypto.Com app users instantly without fees

Buy bitcoin with 0% credit card fees

Kucoin

PROMOTION: we have partnered with kucoin to offer a special promotion of zero-trading fees for 7 days when you create a new account using our link below.

Digitex

Amplify

Amplify exchange was launched in 2019 to solve issues in the crypto world that inhibit the broader crypto adoption and common frustrations experienced by crypto traders.

Furthermore, there are no prerequisites to be eligible for zero-trading fees such as financial status, degree of trading expertise and/or amount of investment making it suitable for everyone.

Amplify exchange has over 14 crypto pairs such as:

Bitcoin

Ethereum

Litecoin

Ripple

Bitcoin cash

Stellar lumens

Dash

Cardano

Ethereum classic

Basic attention token

Amplify loyalty token (AMPX)

Shapeshift

The new shapeshift platform allows you to:

Create a new wallet or connect your keepkey, trezor or portis wallet

Visualize your portfolio performance through a powerful dashboard

Trade crypto instantly and for free with over a thousand asset pairs by holding FOX tokens

Buy crypto with your bank account

Send, receive, and HODL your digital assets on your hardware wallet

Best cryptocurrency brokers

Luke jacobi

Contributor, benzinga

Want to jump straight to the answer? The best crypto platform for most people is definitely etoro.

Many people believe that cryptocurrencies are the future of finance. When you’re ready to leap into crypto, choosing a broker to trade or invest in cryptocurrencies is one of the most important steps to your success in the crypto market.

Get started now with benzinga’s picks for the best cryptocurrency brokers to choose the right one for you.

Best crypto brokers and trading platforms:

Best for social trading: etoro

Best for ease-of-use: gemini

Best for new investors: coinbase

Best for gold investments: itrustcapital

Best for high volume forex traders: cryptorocket

Best for accessibility: altrady

Best for multiple exchanges: voyager

Best crypto brokers

Since different brokers have different strengths, you need to figure out what kind of broker best suits your cryptocurrency interests. Some brokers provide a social trading platform where you copy other cryptocurrency traders’ trades in your own account. Others can offer the ability to make transactions in a broader selection of altcoins.

Choosing the best crypto broker depends largely on addressing your needs as an investor or trader. The following list crypto brokers been selected for different reasons to meet the needs of differing cryptocurrency trading and investing styles.

Commissions

Account minimum

Etoro fundamentally changed the way many people trade and invest with its social trading platform. Social trading involves mirroring another trader or investor’s transactions in a special social trading account. While you make the same amount proportionally as the trader you’re copying, you also take the same percentage of losses the trader takes in their account.

In addition to its regular crypto trading platform, etoro offers an advanced cryptocurrency exchange platform called etorox. This platform is designed for algorithmic traders and institutional grade investors. It offers traders access to tight-dealing spreads, and its algox application programming interface (API) can be used to create custom automated trading tools.

Commissions

Account minimum

2. Best for ease-of-use: gemini

Stay on top of market trends, build your crypto portfolio and execute your trading strategy with gemini’s easy-to-use tools. The gemini app is available on all the major app stores, and it puts the industry’s best crypto exchange and wallet in your hands.

Gemini’s app is easy to use. You can track asset prices and real-time market prices and set price alerts so you can act fast on price movements for individual assets. You can also schedule recurring buys on bitcoin and other cryptocurrencies.

Invest with peace of mind with gemini’s solid cybersecurity and custody solutions. Create a free account and make your 1st buy in as little as 3 minutes.

Commissions

Account minimum

3. Best for new investors: coinbase

Coinbase is 1 of the largest and oldest cryptocurrency exchanges. It currently services 35 million customers worldwide. Coinbase has extensive educational resources and an intuitive interface ideal for new traders and investors.

The exchange also provides clients with a hosted wallet and offers global customer support. Coinbase is an excellent choice for those new to the cryptocurrency market who do not wish to use social trading services.

Commissions

Account minimum

4. Best for gold investments: itrustcapital

Itrustcapital is 1 of the few cryptocurrency brokers that lets you trade and hold physical gold in your individual retirement account (IRA). You can also trade bitcoin (BTC), ethereum (ETH), litecoin (LTC) and bitcoin cash (BTH) in your IRA. Itrustcapital provides you with a personal wallet by curv for your crypto transactions.

While itrustcapital has no minimum trade or account size, the company charges account holders a flat fee of $29.95 per month. This amount includes all IRA fees, asset custody charges and access to its trading platform, although all cryptocurrency trades carry an additional 1% transaction charge based on the trade size.

If you’re planning for your retirement and want to add physical gold to your cryptocurrency portfolio as an inflation hedge, then itrustcapital is a solid choice.

5. Best for high volume forex traders: cryptorocket

Cryptorocket offers straight through processing (STP) to its trading clients. This means you deal directly with the crypto and forex markets and not through intermediaries or market makers. This broker model is ideal for high volume forex traders who tend to be sensitive to dealing spreads.

In addition to the 35 crypto pairs offered, you can trade 55 fiat currency pairs, 64 major stocks and 11 indices. If you are based in a jurisdiction with relatively lax retail forex trading regulatory oversight, you may even be able to take advantage of cryptorocket’s 500:1 maximum leverage ratio for forex trades.

Cryptorocket also supports the popular 3rd-party metatrader4 trading platform.

6. Best for accessibility: altrady

Altrady is built by crypto traders for crypto traders. It makes cryptocurrency trading accessible for beginner, intermediate and advanced traders.

You can get the tools that professional crypto traders use without the expensive price tag. Altrady’s platform is intuitive and easy-to-use. Its crypto trading software platform adapts to your needs.

It combines 10 connected exchanges. It also offers immediate price alerts, portfolio manager, break-even calculator, and customizable trading pages by allowing traders to manipulate widgets to create preferred layout in order to trade comfortably, limit ladder order, gain quick access to market tabs, and integrated market scanners.

Commissions

Account minimum

7. Best for multiple exchanges: voyager

Voyager connects to more than a dozen of the most trusted and secure crypto exchanges so you have access to the largest crypto trading market available anywhere. Voyager gives you faster, more reliable execution, plus:

Access to multiple exchanges: voyager partnered with over a dozen of the most trusted and secure crypto exchanges and liquidity providers. Voyager’s exchange connectivity offers you competitive prices on your trades and faster, more reliable execution.

Commission-free trading: voyager operates commission free to save you money. You save money on trades through its extensive crypto market and best execution technology. Voyager achieves price improvement on over 90% of customer orders.

Start trading at a better price today! Download the voyager app today.

Crypto advantages vs. Disadvantages

Trading and investing in cryptocurrencies often carry a considerable degree of risk, as you may have observed given the volatility of bitcoin and some other digital currencies. Despite the disadvantages currently associated with cryptos versus fiat currencies (like lower liquidity and minimal payment options), the advantages of holding cryptocurrencies will increase as they become a more common form of payment.

Here’s a quick shot of crypto advantages and disadvantages.

Advantages

Security. Technology advances typically lead to increased intrusion into your privacy. In contrast, all identities and transactions are strictly secured in the digital currency environment. While most cryptocurrency transactions are very secure, you still could be vulnerable to cybercriminal actions, like hacking.

Low transaction fees. Because of the elimination of intermediaries like financial institutions, cryptocurrency transaction fees are generally quite low.

Decentralized. The lack of a central exchange or authority overseeing cryptocurrencies is one of their defining characteristics. Many people consider this among the biggest advantages of cryptocurrencies and blockchain technology.

High potential returns. You only have to look at a long-term bitcoin price chart to get an idea of the returns you can make investing wisely in digital currencies. The crypto world is still developing and expanding, so investing in the right digital currency now could translate into considerable returns in the future.

Disadvantages

Acceptance. Because digital currencies have not yet become mainstream, most businesses will not accept them as payment for goods or services. This situation will eventually change as public perception makes digital currencies more acceptable as forms of payment. For example, paypal has recently allowed customers to hold bitcoin balances and has plans to allow payments using that cryptocurrency by early 2021.

Volatility. The market volatility observed in some digital currencies can lead to large gains or large losses. Trading and investing in crypto is not for everyone, especially those with a low pain threshold or aversion to risk.

Taxes. The internal revenue service (IRS) states on its official website that “virtual currency transactions are taxable by law just like transactions in any other property.” that IRS web page also links to a guide about how existing general tax principles apply to transactions made using digital currencies.

Illegal activities. Due to the fact that digital currency transactions generally provide identity security, many people operating outside the law are thought to use digital currency for illegal activities. These activities could include money laundering, “dark web” transactions, and drug and human trafficking.

Cryptocurrency vocabulary

Like many other financial markets, the cryptocurrency market has evolved its own jargon. Some of the key terms used by market operators are defined below.

Block. A collection of transactions permanently recorded on a digital ledger that occur regularly in every time period on a blockchain.

Blockchain. A constantly growing list of blocks in a peer-to-peer network that records transactions.

Cryptocurrency exchanges. Also called digital currency exchanges, these generally consist of online businesses that allow customers to exchange cryptocurrencies for fiat currencies or other cryptocurrencies.

Cryptocurrency wallet. A secure digital account used to send, receive and store digital currencies. Crypto wallets can either be cold wallets that are used for storing cryptos in an offline environment or hosted wallets that are hosted by 3rd parties. Hosted wallets store your private keys and provide security for your digital currency balances.

Distributed ledger. A network of decentralized nodes or computers that connect to a network where transaction data is stored. Distributed ledgers do not have to involve cryptocurrencies and can be either private or permissioned.

Fork. Also known as a “chain split,” a fork is a split that creates an alternate version of a blockchain that then leaves 2 blockchains running simultaneously. For example, bitcoin and bitcoin cash came about due to a fork in the original bitcoin blockchain. Another type of fork is known as a “project” or “software fork.” this occurs when cryptocurrency developers take the source code of an existing altcoin project and create a new project. For example, litecoin is a project fork of bitcoin.

ICO. An initial coin offering (ICO) occurs when a new digital currency or token is sold, typically at a discount, to its first set of investors. An ICO lets issuing cryptocurrency companies raise funds from the public to support their coin’s development and maintenance.

Mining. A computationally-intensive process performed within a cryptocurrency network where blocks are added to the blockchain by verifying transactions on its distributed ledger. Miners are rewarded with digital coins as compensation for their successful computational efforts.

Are you ready for the future?

Digital currency and the blockchain appear to be the future of finance. Despite their current typical volatility and lack of widespread acceptance as a payment method, cryptocurrencies seem destined to become increasingly used for online payments. They could therefore make an interesting long-term investment, especially if you have a strong appetite for risk.

Where we will be in 20 years is anyone’s guess, but cryptocurrencies and blockchain technology show growing promise as forces to be reckoned with in the financial world. Get started today with 1 of our recommended crypto brokers.

Try gemini

Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini crypto platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with gemini now.

Best cryptocurrency brokers for 2021

Daniel ‘harris’ major

I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.

Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.

Many big trading brokers have already added some of these cryptocurrencies. Everybody can sign up and start trading bitcoin or other crypto coins. This is the easiest and probably the simplest way to invest in cryptocurrency.

After trying out most brokers, here are the best cryptocurrency brokers:

Best cryptocurrency brokers (non-US traders only)

Plus500 – top rated trading platform

Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.

Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.

Trade cfds on bitcoin & many other cryptos

Minimum deposit is only $100

Regulated and trusted platform

Very fast signup process

Live chat

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Plus500 disclaimer: 76.4% of retail CFD accounts lose money.

IQ option – lowest minimum deposit ($10)

If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.

You can trade many cryptocurrencies

Minimum deposit is only $10

Best trading platform

Multiple account currencies

Free demo account

Regulated by CYSEC (#247/14)

Etoro – top crypto broker

Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.

Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.

Trade bitcoin & many other cryptos

Minimum deposit is $200

Regulated and trusted platform

Australian traders are also accepted

Great support team

Many payment methods (even paypal)

You cannot withdraw any cryptocurrency

You have to complete a questionnaire, upon sign up

Etoro disclaimer: 71% of retail CFD accounts lose money.

Highlow – best all-round crypto broker

Due to regulation highlow stopped accepting traders from the EU and UK.

Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.

I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.

I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).

I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.

The payouts on highlow are amazing (up to 200%, which is more than on other brokers).

Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.

Trade bitcoin & other cryptos

Minimum deposit is only $50

Regulated and trusted platform

Fastest signup process (no questionnaires)

Multiple account currencies

Free demo account (no registration needed)

Nadex – US traders welcome

Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.

Only US traders are allowed on nadex. Non-US traders check out the next broker.

Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.

Recently, nadex started offering bitcoin trading.

Trade bitcoin, forex or binary options

Minimum deposit is $250

CFTC regulated broker

Great support team

Many payment methods (even paypal)

Crypto brokers with most cryptocurrencies

Here are the most popular cryptocurrencies offered by cryptocurrency brokers:

Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.

Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.

Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.

Lowest minimum deposit brokers

These are the best brokers with low minimum deposit requirements:

Etoro – $200

Plus500 – $100

Avatrade – $100

This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.

We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.

Top rated brokers that have cryptocurrencies

While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?

Simply put, a cryptocurrency broker refers to a website that traders will visit to trade cryptocurrencies at a set price. In many ways, they are similar to forex brokers whose services are a lot more familiar to the general public.

Etoro disclaimer: 71% of retail CFD accounts lose money.

You still can’t decide which broker is best for you?

How to choose your cryptocurrency broker

Is leverage really necessary? Cryptocurrency markets are volatile in nature with prices fluctuating immensely thereby generating high profits even in the absence of leverage. But for some traders, the desire for more earnings justifies the use of leverage.

Before choosing your broker, settle yourself on whether the already immense profits that come from a cryptocurrency market are enough for you or you would like to use leverage to enhance them even further, bearing in mind, of course, that will also significantly increase the risk factor to your funds.

Negative balance protection: it is always advisable to trade with a broker that affords the negative balance protection facility. That way, you will never be at risk of losing more than what you invested in case you sustain very heavy losses.

How suitable is the required capital for you? This is another subjective part to your decision. Do you prefer trading with a small capital or bigger one to help you zero in on bigger returns? Find out what size trades your broker is offering before you open an account.

Narrow spreads for the win: let us be honest, it is only fair that your broker gets a cut from the money you generated having provided you with the essential facilities for it and all. But let us be honest, you definitely want every last dime for yourself.

A spread refers to the difference between the buying price and selling price of a trade and it varies with each broker. The spread is what counts as fees for your broker so the smaller it is, the lower the cost will be on your part.

Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.

Which cryptocurrencies are you interested in trading?

Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.

If your choice is a prominent cryptocurrency like bitcoin (official site), litecoin (official site), or ethereum(official site), there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like monero, IOTA, or zcash may be a little harder to come by.

So study the cryptocurrencies being offered by a broker before you sign up for an account.

Pros and cons of cryptocurrency brokers

Here are some features that these broker have or don’t:
pros

Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading

If you are less tech-savvy then a broker is safer for you

You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method

Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)

Cryptocurrency brokers – what to look for

Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.

1. What are the weekend hours like?

This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.

There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.

But there is a catch. While digital currency exchanges are available during the weekend, your broker may not (why is the stock market closed on the weekend?). So in effect, if there is considerable movement within your relevant cryptocurrency market during a weekend when your broker is not operating, you may not have the ability to respond in any way.

2. How is it hedging?

Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.

Why is it so important for you to know?

Because, as a trader, you want to be absolutely in the clear regarding the policies for risk management being followed by your broker. Let us not forget that cryptocurrency markets are extremely volatile and an unhedged broker is more easily prone to major losses incurred by its clients. Naturally, those costs will warrant compensation via fatter spreads and additional costs for traders. It will be best to sign up with a broker that will not withhold the relevant information from you.

More great features you could be interested in

Commissions and trading on margin – an important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade. That, of course, raises the cost probably a bit much for your liking.

Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or cfds. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to.

Authenticity of market data – aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.

One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers.

But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.

Are short sales available? For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. Many brokers tend to offer ‘long’ only since there are only a few hedging solutions when opening short trades.

As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.

And a lot of that is down to which broker you decide to trade with.

Ready to start trading?

Trade with the cryptocurrency brokers listed above to make sure that your money is safe, you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy.

These cryptocurrency brokers make it really easy to trade bitcoin and other coins. You don’t have to be a trading expert. It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional.

10 cryptocurrency trading sites 2020

Firstly we will discuss the key components looked at when creating this list as to give you as reader a better understanding and freedom of choice to make your own decision.

Selecting a cryptocurrency exchange to purchase your first cryptocurrencies can be a daunting and overwhelming process.

After all, there are cryptocurrency trading platform in today’s market, with 24-hour trade volume in the billions. So, how do you make your choice?

Here are a few attributes to look at while choosing your cryptocurrency trading platform of choice:

Know your customer (KYC) and security – this is an implementation these sites have where users on the site needs to submit person information. This shows a level of trust and that no money laundering or any other illegal actions is allowed on the site. This creates a safe place to trade and shows that the exchange is following the correct legal procedures. Sites with added security levels such as 2FA (2 factor authentication) also adds another level of security protecting the user themselves.

Fiat exchange – it is important that the exchange on which you are trading allows for fiat deposits and withdrawals. This will allow users to exchange their own national currencies to and from the site making it easy to cash out profits and eliminates the effort to transfer it to another site where it could be then be withdrawn.

Volume – volume is a very important aspect of a good cryptocurrency trading site. Volume in this sense means the amount of people trading on the site, thus the amount of liquid assets that is traded. With low volume trading sites it is difficult to buy and sell cryptocurrencies, which most of the time leads to the trader setting for a too high or too low price. Some exchanges have so little volume that nobody wants to buy your asst which could lead to your asset being stuck in that site. This happens when the exchange stops withdrawals in desperation trying to keep the volume of the site up and growing. This is a big red flag for ay trading website.

Fees – the fees of trading sites could be of great importance for a cryptocurrency trader and not so important for a cryptocurrency investor. If you plan on trading a currency in the short term, it is important to trade on a site with low transaction and trading fees as these could easily make your trade profits less worthwhile.

Selection of digital assets – this is a tricky one. It is optimal that a cryptocurrency trading site does not have too much or too little digital assets available to trade. With too little to trade, it is less likely that the site will have a lot of customers and it in some way also forces a very unstable portfolio as you will only have that asset. Too much digital assets provided on a trading site gives the idea that almost any asset can be listed on the site, making the risk of investing in an asset with no future promise a lot more likely.

The article will now discuss 10 cryptocurrency trading sites with their score in each of these 5 factors briefly discussing them.

Etoro

Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Since 2007, etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

Crypto currency trading sites

Your guide to the world of an open financial system. Get started with the easiest and most secure platform to buy and trade cryptocurrency.

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Among the numerous websites providing bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customersвђ™ needs. We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with dash, zcash, and bitcoin cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.

Best cryptocurrency exchange: what does it mean for us?

For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice. 1. Service safety and security. It is critical to ensure that your data will not be leaked to any other parties. Thus, the availability of certificates, like the PCI DSS, serves as the proof of serviceвђ™s safety. Besides, the regulation of exchanges is also important. For example, CEX.IO.

Is officially registered in the UK;

Has a money services business status in fincen;

Complies with the legal requirements of the countries where it functions.

Best places to buy bitcoin

Get in on the latest craze of digital currency

Bitcoin took the world by storm as it rocketed from obscurity to nearly $20,000 in value per coin in 2017. the cryptocurrency markets have calmed down a bit since that record high, but many bitcoin evangelists still claim bitcoin to be the currency of the future. Follow along to learn more about how bitcoin works and the best places to buy bitcoin.

First of all, need some background information about what bitcoin is? It's a digital currency used mostly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government. Instead, it works through a system where people in the bitcoin community can earn coins from “mining,” or using their computer to complete calculations. You can also buy them with dollars or nearly any other currency.

Bitcoin is highly volatile and not a place to invest funds you can’t lose. While there are some stories of people making a fortune on bitcoin in 2017, many people lost as it fell from its peak. Some people think it is going to be worth $1 million or more while others call the entire system a fraud ready to fall.

Still interested in getting a piece of the bitcoin pie? Here are some pointers: when buying bitcoin, you will need a place to store them. This can be an online digital wallet attached to the account where you buy and sell, a program on your computer or a physical device you plug into your computer.

You can transfer bitcoin and use them for purchases at some rare stores on and offline. But when transacting in bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to other digital wallets.

So, where can you buy bitcoin? Read on to find the best places to pick up bitcoin today.

Best places to buy bitcoin in 2021

Coinbase: best overall

Robinhood: best for low cost

Square cash: best for versatility

Binance: best for low rates in other currencies

Coinbase pro: best for active traders

Coinmama: best for quick and easy transactions

Coinbase: best overall

Coinbase is the biggest and most respected bitcoin platform in the united states. It offers both an exchange and wallet in one, making it one of the easiest places to start with bitcoin. Coinbase also supports bitcoin cash, ethereum, and litecoin.

Once you sign up and connect your bank account, you can easily transfer funds in and out of your account and convert them to bitcoin and back to dollars at will. Coinbase charges a variable percentage fee of 1.49% for U.S. Transactions from a bank account or coinbase USD wallet. Purchases with a credit or debit card add on a 3.99% fixed fee.

The coinbase wallet is very secure, accessed through the web app or mobile app, utilizes two-factor authentication, and keeps redundant digital and paper backups of data “in safe deposit boxes and vaults around the world.” plus, cash balances are insured up to $250,000 against theft or a breach in online storage. Further, coinbase holds 98% of customer currencies offline to keep them safe from malicious hackers. this is further evidence as to why coinbase is a leader in digital currencies in the united states.

Robinhood: best for low cost

Robinhood started as a fee-free stock brokerage and recently expanded into the world of digital currencies. The best part: no fees! You can buy and sell bitcoin and other digital currencies completely fee-free on this platform. Robinhood supports cryptocurrency trades and market data right in its mobile app.

Your coins are stored in the same robinhood account you use for your stocks and share a login. Robinhood is mobile-first but you can also trade on desktop, and it may be best for people comfortable managing money from their phone or tablet. While you may need to login on the small screen to access your account, you can’t beat free!

The biggest downside is that robinhood does not work in every state for cryptocurrency trades as of may 2020. But if you do live in one of those states, robinhood crypto is a great option to get started in bitcoin trading.

Square cash: best for versatility

This is another mobile app where you can buy and sell bitcoin with no fees. The cash app is already great for sending money to family and friends for free (similar to venmo). But adding in free bitcoin buying and selling puts the cash app near the top of the places to buy bitcoin list.

The cash app comes from square, the company that makes those mobile credit card readers. Square is a huge financial technology company that includes many other services. Bitcoin is just a small piece of what they do. But with no fees, the price is right.

Unlike some digital wallets, you don’t hold your bitcoin outside of square, it is held in your square cash account on your behalf to sell or withdraw. But if you do want to send your coins to another wallet, square does offer that feature. Square limits purchases at $10,000 per week, but there is no limit to what you can sell.

Binance: best for low rates in other currencies

Binance supports a wide range of digital currencies including bitcoin, ethereum, and its own binance coin (BNB). Binance charges very low fees at just .10% for trades. if you want to go far beyond the most popular coins, binance is your best option.

Binance offers the option to trade coins into multiple currencies and supports digital currencies, including EOS, skycoin, TRON, ICON, ethereum classic, litecoin, ripple, stellar lumens, bitcoin cash, plus a bunch of cryptocurrencies you have probably never heard of.

While this is platform offers a huge range of currencies at a low cost, there are some bugs reported with the android mobile app, and some users have reported delays withdrawing certain currencies. Binance is not insured, which may be a major concern to some, particularly after some irregular trades were detected and reversed in march 2018.

Coinbase pro: best for active traders

Coinbase pro (formerly known as GDAX) is a serious trading platform with screens that look familiar to those who use bloomberg terminals or active stock, commodity and option trading platforms. It charges fees ranging from 0.04% to 0.50% based on your trading volume. If you want to try coinbase but with much higher volume, this platform is the way to go.

Because GDAX is now coinbase pro, funds are safe and insured. Just like coinbase, cash is insured up to $250,000 and the majority of coins are stored in physical form offline to prevent theft.

Coinmama: best for quick and easy transactions

Coinmama is an all-in-one exchange and digital wallet that makes it easy to buy bitcoin and a limited list of additional currencies in U.S. Dollars or euros. The site claims more than 2 million customers in 188 countries.

One of the easy features lets you buy bitcoin in just a few clicks from the homepage. While the exchange offers great real-time transactions, it does charge higher fees than some others on this list—there's a 3.90% commission fee on buy transactions and 0.90% on sell transactions. You’ll pay an additional 5% when you use a credit or debit card.

Rather than buying and selling on the open market, coinmama funds user trades from its own holdings, adding a little extra security compared to some open market platforms. There is no mobile app, but the website is very high quality. Coinmama is a registered money business in the united states, giving it additional legitimacy and recognition above some competitors.

What is bitcoin?

Bitcoin is a digital currency, or cryptocurrency, that is created, distributed, and kept through blockchain, a decentralized ledger system that aims to lower the costs of making payments. Bitcoin was the first ever cryptocurrency and has carried the largest value of any digital currency since the invention of blockchain. Many stores have accepted bitcoin as payment at various times, including name brands like AT&T and overstock.

How does buying bitcoin work?

Bitcoin traders sell through platforms that will provide a digital wallet for you to buy and store your bitcoin. Such a platform serves as an exchange that anonymously matches up buyers and sellers and completes transactions. Your digital wallet allows you to use other traditional financial resources, such as your debit card or bank account, to complete the purchase of bitcoin.

Another option is to use a peer-to-peer exchange service that connects buyers and sellers to make their own transactions via the platform, with both parties being able to see and speak to each other. This gives a buyer a chance to “shop around” for the right deal. There also are in-person bitcoin atms in some cities where you can buy bitcoin directly.

How much does bitcoin investing cost?

The value of bitcoin fluctuates based on what people are willing to pay for the currency, just like many other investments or assets. The first couple of years bitcoin existed it was worth very little but since december of 2017, its value has fluctuated between $3,200 and more than $19,000. the cost of a transaction varies by platform. P2PB2B, for example, charges a 0.20% trading fee, plus additional fees for deposits and withdrawals.

Is buying bitcoin safe?

Buying bitcoin is safe whenever you use a vetted and respected platform. It’s important to research any platform where you’re considering purchasing bitcoin before you decide to take the plunge. In terms of bitcoin being a safe investment, the value fluctuates more frequently than many other traditional investments. If you’re looking to support a decentralized method of making payments, bitcoin can be valuable. However, there’s no guarantee or insurance protecting any value of what you're purchasing.

Can you buy less than 1 bitcoin?

It’s possible to buy as little as 0.00000001 of a bitcoin because each one is divided down to the eighth decimal place. Most bitcoin exchanges allow you to buy the coin you want with a dollar threshold as low as $1. Whenever you buy bitcoin through an exchange platform you can specify the amount of USD you’d like to spend on bitcoin or you can specify how much bitcoin you’d like to own, and the exchange will calculate the other half of the transaction.

How we chose the best places to buy bitcoin

We looked at more than a dozen of the best places to buy and sell bitcoin online and settled on the top 6 places based on a number of factors. These factors included the history of the exchange, customer reviews, the fees each charges, the strength of features for each digital wallet, and the speed at which you can buy bitcoin.

So, let's see, what we have: the tremendous benefits brought to us by the technology of the blockchain, one of the most important, the emergent of cryptocurrencies, have gained much popularity amongst different calibers of individuals as a result of its different use-cases fitting almost every aspect of human lives. With the rapid growth rate being experienced in the community, it’s […] at crypto currency trading sites