Cryptocurrency investment broker

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

Top-3 forex bonuses

Best Cryptocurrency Brokers, cryptocurrency investment broker.

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.

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 and 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 for security: kraken

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.

Pricing

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

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.

8. Best for security: kraken

Kraken takes a comprehensive approach to protecting your investments and builds in a number of sophisticated methods to prevent money or information theft.

Financial stability with full reserves

Healthy banking relationships

The highest standards of legal compliance

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.

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Over the last few years, cryptocurrency trading has become one of the most attractive niches in forex trading. Other than it being extremely profitable, the lack of regulation is its biggest appeal. Still, cryptocurrencies like bitcoin, ethereum ripple, dash, and litecoin are dynamic, unstable instruments that need to be handled cautiously and in the most optimal way. To achieve this, you need to choose a trustworthy, well-established broker to carry out your cryptocurrency trading.

This is crucial to getting on the right track from the beginning when trading cryptocurrencies. When choosing a broker, it is important to note that not all are the same. A broker that meets the needs of another trader may not meet yours. Here are a few tips to help you choose the best forex broker for cryptocurrency trading:

Regulation and reputation

To avoid dealing with an unprofessional broker and being scammed, you need to make sure all your crypto trades are made solely with a regulated broker. When choosing a forex broker to work with, make sure they are regulated within your jurisdiction to legally offer you their services. Regulated forex brokers are under constant supervision of the regulatory body. If you are in the UK, make sure to trade with a broker that is regulated by the FCA. If in europe, ensure they are regulated by the cysec. In case you are in australia, they should be regulated by the ASIC.

An efficient trading platform

It is important to note that cryptocurrency trading is more volatile than forex. Therefore, it demands that the platform is superbly responsive to be able to make moves in time. A good broker’s platform should be efficient to use. To beat the competition, the best cryptocurrency brokers work to attract clients by creating an intuitive trading platform that is suitable for both experienced and new traders. They offer technical analysis tools and basic risk management features like take profit or stop loss. Other sites also offer additional features, including price alerts, social trading networks or advanced educational centers. The crypto trading platform should allow you to trade in the market manage your accounts, perform technical analysis, and receive the latest news on all cryptocurrencies.

Top recommended crypto forex brokers in 2021

info	bonus	open account
min deposit: $5 spread: from 0.2 pips leverage: 500:1 regulation: FSA (saint vincent and the grenadines), cysec	50% deposit bonus, real contest 1st prize luxury car BMW X5 M, copy trading, trade&win.	Visit broker
min deposit: $1 spread: from 0 pips leverage: 3000:1 regulation: cysec, IFSC	$100 no-deposit bonus, 100% deposit bonus	visit broker
min deposit: 0 spread: non-spread, fee 0.1% per trade leverage: non-leverage regulation: -	visit broker
min deposit: $1 spread: from 0 pips leverage: 2000:1 regulation: FCA UK, cysec, FSP, bafin, CRFIN	35% of the account deposit	visit broker
min deposit: $100 spread: starting 0 pips leverage: up to 400:1 regulation: FCA UK, NFA, CFTC, ASIC, IIROC, FSA, CIMA	visit broker
min deposit: $300 spread: floating, from 0 pips leverage: 500:1 regulation: FCA UK reference number 579202	visit broker
min deposit: $200 spread: starting 0 pips leverage: 500:1 regulation: ASIC australia, FCA UK	visit broker
min deposit: no minimum deposit spread: 1.2 pips leverage: 50:1 regulation: CFTC, NFA, FCA, MAS, ASIC, IIROC	visit broker
min deposit: $10 spread: leverage: regulation: cysec	-	visit broker
min deposit: $200 spread: from 3 pips leverage: 400:1 regulation: NFA, FCA, cysec	visit broker

Transparent fees and commissions

All brokers, whether trading crypto coins or forex, charge commissions and offer margin accounts to traders. A reliable forex broker for crypto coins should inform you precisely the type of fees and commissions they charge as well as the risks involved. The common fees and charges made by brokers include:

• wallet fees
• transaction fees
• trading fees

Competitive technology

The last thing you want as a crypto trader is to get margin called simply because you could not log in to close an order. The cryptocurrency trading market is a 24/7 global market. The prices keep moving and are not limited to your time zone. Hence, when choosing a broker, you need to choose one whose platform offers full-time access.

For instance, when trading cryptocurrencies, mobile apps are a necessity as you may need to make or break deal-critical decisions throughout the day. If possible, consider using a reputable broker with a mobile app so that you are able to make successful trading decisions even while in transit.

Access to crowd wisdom

Today, there are some broker platforms that let you leverage the wisdom of seasoned cryptocurrency traders. This feature can go a long way in improving your returns on investment. Such a trading platform lets you observe the hottest trading trends of other seasoned and successful traders in the market.

Digital currencies trading keeps growing in popularity by the day. More and more people, be it speculators or beginner traders want to be able to make key decisions on time, every minute. Therefore, they need to have a setup ready as soon as they are verified by a broker. When choosing a cryptocurrency broker to trade with, consider one that can quickly get you started so that you can begin trading with minimal downtime.

User-friendly platform

This is one of the most important features to consider when choosing a trading platform to trade with. Digital money trading can be unclear, especially when a technical language is used. Also, because digital money works a little bit differently from any traditional money system. A good broker should be able to understand blockchain and cryptography terms. They should make an effort to explain it in their platform to make it easy to understand by a layman.

They should include clear notifications about the spreads offers, leverage available, deposit methods, the minimum cryptocurrency deposit to trade and the least amount that can be placed in a trade. Make sure you are able to establish all these details before registering with a broker.

High-quality customer service

Cryptocurrency trading occurs 24/7. This demands the need for round the clock customer support. Better still, live support is highly preferred over auto attendants taking into consideration the intricacies involved in trading digital currencies.

Deposits and withdrawals

Make sure to choose a broker that allows deposits and withdrawals through multiple platforms such as wire transfer, credit/debit card e-payment among others.

Good financial backing

A good FX broker for cryptocurrency should have a sound financial backing. This ensures that your digital coins are safe and that the forex broker will not go bankrupt soon after signing up with them.

Cryptocurrency trading is a risky investment. New and fraudulent forex brokers for cryptocurrency trading are emerging every month, launching with crafty marketing campaigns intended to prey on an innocent investor. Therefore, ensure you proceed with caution. Cryptocurrencies are extremely volatile instruments to trade. So, ensure you are in the know of any breaking news, regulatory matters, and rumors which all dictate the market behavior. Above all, make sure you are working with a reputable, reliable and experienced broker.

While it would be easier to point a finger and tell you the best crypto broker, we know and understand that each client has different preferences. Be knowledgeable about all your options and think about how you can spot a broker that is safe now, and in the long-run.

Top 10 online cryptocurrency trading brokers

The pioneer of social trading is now offering an exclusive opportunity for investors who want exposure to the most popular cryptocurrencies like bitcoin, dash, ethereum and more. Trade crypto 24/7 at etoro with no rollover fees!

World's leading social trading platform

Proven track record of security

Unlimited daily withdrawals

Min. Deposit of $200 to get started

Instant trade execution

Changelly accepts almost all altcoins available on the market today. You can quickly and easily trade cryptocurrency coins, allowing you to maximize the value of your cryptocurrency trades.

No personal information required

Most convenient way to switch between altcoins

Largest offering of cryptocurrencies

Good customer support

Xcoins offers bitcoin on its unique peer-to-peer lending model which connects borrowers and lenders through a series of "secure loans". The turnaround time is quick, and borrowers receive their bitcoin instantly.

Get bitcoin instantly

Profit margin guarantee

100% automated

Bitfinex is one of the world’s largest and most advanced bitcoin trading platforms. Trade bitcoin and other crypto-assets with low fees and many cutting-edge features including margin trading.

Competitive fees

Free deposits

Deep liquidity

T&C's apply to each of the offers above, click "visit site" for more details.

Risk warning: users should be aware that all investment markets carry inherent risks, and past performance does not assure future results. Trading of any kind is a high-risk activity, and you could lose more than you initially deposited. Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 73-89% of retail investor accounts lose money when trading cfds. Please be sure you thoroughly understand the risks involved and do not invest money you cannot afford to lose. Your capital is at risk. Advertiser disclosure: topbrokers.Trade is an independent professional comparison site funded by referral fees. The compensation topbrokers.Trade receives is derived from the companies and advertisements featured on the site. Due to this compensation, we can provide our users with a free comparison tool. Unfortunately we are unable to list every broker or exchange available, however, we do our best to review as many as possible.

Changelly accepts almost all altcoins available on the market today. You can quickly and easily trade cryptocurrency coins, allowing you to maximize the value of your cryptocurrency trades.

How to get started in cryptocurrency trading

As the trade volumes are reaching billions of dollars a day and the market caps are hitting tens of billions of dollars, it is no wonder that cryptocurrencies fuel the modern day gold rush. Today is an age of digital currencies, with hundreds of cryptocurrencies birthed within the decade. There are already more than a thousand cryptocurrencies in the market, and almost daily a new initial coin offering (ICO) appears.

What is cryptocurrency?

Today, the most famous cryptocurrency is bitcoin. Its inventor attempted to build a “peer-to-peer electronic cash system”. Many have tried this system many times before. However, the main difference between bitcoin and the previous efforts, like digicash, was that it was to be entirely decentralized. Since no overarching entity is controlling the currency, the notion of “trust” would be eliminated from the system.

To combat “double spending”, the major problem in all the digital cash systems at that point, satoshi nakamoto, bitcoin’s inventor, proposed the blockchain technology. The blockchain technology is a revolutionary technology that records all the transactions made with this currency.

For any single balance, transaction, or change to the network to take place, there needs to be a consensus amongst those who validate the network – the miners. Since the invention of bitcoin, many programmers have attempted to use the model and change it to provide what they consider a more functional form of digital cash.

The other kinds of cryptocurrencies include monero, new economy movement, litecoin, and ether. Many of these cryptocurrency efforts tailor their currency for an individual and particular purpose. Some of the most common purposes are speed, privacy, and price.

What are cryptocurrencies used for?

Since cryptocurrency is such a new technology, it may be that people have not used it yet for its eventual use. Still, today people utilize it for many various purposes. These purposes include, but aren’t limited to the following: trading, remittances, payment for goods and services, investment, gambling, private monetary transactions, and as a hedge against national currencies which are suffering from rapid devaluation (greece, venezuela for example).

As the whole cryptocurrency space begins to expand, it’s likely that we will see some additional applications joining the list of purposes for the crypto currency. There are already young services such as steemit, which aims to revolutionize the way people pay for content on social media, in addition to services like musicoin which attempts to find a more equitable way to pay artists without the need for a middleman.

What is the difference between bitcoin and ethereum?

All cryptocurrencies have their own characteristics. However, recently one coin has come to challenge bitcoin more than ever before. Ethereum is the new player on the market. The reasons that it is a challenge to bitcoin are easy to understand.

Ethereum emerged as an effort to try to correct some of the main criticisms made towards bitcoin – especially regarding security.

What ethereum has accomplished to do was to provide transactions that are safer, more flexible contracts that are compatible with any wallet, with short block times for negotiating (where the confirmations are easier). Also, ethereum is available more than bitcoin. Whereas more than two-thirds of bitcoin has already been mined, access to ethereum is still widely available. Another main difference between these two cryptocurrencies is that ethereum allows for different developers to raise funds for their projects. It can, therefore, be in itself a kickstarter for some projects.

One of the main advantages to ethereum is that it’s a more secure, easy to use, flexible, and transact coin. In addition to this advantage, it has brought innovations in terms of entrepreneurship and investment. And this is posing a serious challenge to bitcoin’s market cap.

What is the difference between a cryptocurrency exchange and a cryptocurrency broker?

You can invest in cryptocurrency in two ways. First, cryptocurrency can be bought and sold at a cryptocurrency exchange and stored in a digital wallet. The second method would be to invest in crypto as a CFD with regulated cryptocurrency brokers. With CFD cryptocurrency trading, the digital currency is treated as a speculative investment and traded as a contract for difference (or CFD), through brokers.

Platforms that allow traders to buy and sell cryptocurrencies are cryptocurrency exchanges. Dues to the fact that it is a very recent – and booming – market, the majority of these platforms are relatively new. But, of course, one of the essential questions that people ask is how to know if a particular platform is safe or not.

The only way that you can find out is to check if the exchange provides transparent data of the coins that are in cold storage. What this means is, whether it has the reserves that it requires to provide liquidity to its activities. You can find check this easily by checking whether an exchange is regulated or not.

Trade cryptocurrency online using CFD services

If you are interested in trading because of the opportunity to profit from the incredible volatility of cryptocurrency, your best option is to use an online trading platform that allows CFD services. Currently, there are very few CFD platforms that allow this kind of trade, so to see available options refer to our recommendations above.

CFD brokers are a great option if you want to trade cryptocurrencies with the option to accept multiple forms of payment. If you want to buy cryptocurrency with paypal, you can, and these forums also accept major credit cards and wire transfers as well. Furthermore, if you choose to trade through a forex or CFD platform, you will pay the lowest commissions possible. That is in comparison to other investment alternatives. CFD and forex companies use an exchange rate that is an aggregate of different crypto exchanges.

Trading cryptocurrencies – getting started with cfds (contracts for differences)

Cryptocurrency cfds allow you to trade digital coins without actually owning any. Crypto cfds were generated to give traders exposure to the cryptocurrency market without the need for ownership.

Contracts for differences, also known as “cfds,” represent a contract between trader and exchange. Cfds declare that the difference between the price on entry and the price on exit will be a trader’s profit or loss. Basically, cfds are an agreement held between two parties that simulate an actual asset.

How to make money trading crypto

There are several ways to make money cryptocurrency trading. The most popular is trading bitcoin against the US dollar, known in market terms as the BTC/USD pair. The first method is to find a top cryptocurrency broker and to invest in a digital currency in the same way that you would do with a physical currency – by buying low and selling high. Since cryptocurrency is highly volatile, you should be able to identify the dip with studying and market research.

Read on to learn how to find the best cryptocurrency brokers. Be sure to review the platforms we suggest above, all are fully-registered and come highly recommended. For additional information regarding trading cryptocurrency as a CFD, check out our guide on “the basics of cfds“. It’s important that you remember that leverage works both ways and it will magnify the gains and losses.

How to choose the best cryptocurrency trading broker online

Because there’s so much competition in the market as well as having countless cryptocurrency brokers to choose from, it can be difficult to know which option will be best for you. Here are a few key points we suggest keeping in mind when deciding how to best invest:

Regulation

Each country has its own regulatory body. The regulatory body develops rules, services and programs to protect the integrity of the market. The regulators protect traders, and investors as well as the cryptocurrency brokers themselves. Their main obligation is to help members meet regulatory responsibilities. Due to potential safety concerns regarding deposit, you should exclusively open accounts with regulated firms.

Customer service

Cryptocurrency trading takes place 24 hrs a day, so customer support should be available at all times. Ideally, you will want to speak with a live support person rather than a time-consuming auto-attendant. Give a call to the customer service centre to get an idea of the type of customer service provided. Check on wait times and find out the representative’s ability to answer questions regarding spreads and leverage, trade volume, and company details.

Account types

Your ideal cryptocurrency trading broker should be able to offer either multiple account options or an element of customizability. Look for cryptocurrency brokers that offer competitive spreads and easy deposits/withdrawals.

Currency pairs

Cryptocurrency brokers can provide a selection of cryptocurrency pairs. However, it is most important is that they provide the variety of pairs that interest you. While there are many digital currencies available for trading, there are only a few get the majority of the attention, and as the result, trade with the highest liquidity.

Platform type

The trading platform is the investor’s portal to the markets. With that in mind, look for a platform that’s easy to use, straightforward and offers an advanced collection of analytical and technical and tools. These features will help to enhance your trading experience.

Here at topbrokers.Trade, we take pride in providing the best possible trading brokers comparison, reviews and ratings. These reviews enable you to select the best trading platform for your needs. We don’t just help you to pick a great place to trade, but also do everything that we can, to show you how to get started. For more information on cryptocurrencies, please see our tutorial: the basics of cryptocurrency

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The prices of cryptocurrencies have zoomed this year and many investors have started focusing on these digital assets. Investors have a couple of options to trade in cryptocurrencies. The first option is to use the cryptocurrency exchanges which allow traders to swap fiat currency such as dollar and euro for the digital currency, or digital currency for digital currency. Another option is to use the online forex brokers’ platforms for trading cryptocurrency cfds or pairs such as USD/BTC, EUR/BTC, etc. The aim of this post is to list out the top 10 cryptocurrency trading platforms.

Best cryptocurrency trading platforms 2021

Etoro, a multi-asset and social trading brokerage, has registered offices in israel, the UK and cyprus. The brokerage has a worldwide reach and is regulated in all the markets.

Retailfx came into existence in 2006 in tel aviv. Etoro openbook was set up in 2010 with the copy trading feature as a social investment platform, enabling traders to follow, view, and replicate the trades of top investors in the network.

Etoro boasts of more than four million active users and allows individuals to trade in forex, stock cfds, and cryptocurrencies.

IQ option may not be most well-known or the biggest platform, but it is growing very fast. The platform offers trading in all of the popular assets and up to 25 percent leverage. In addition, IQ option provides a multi-chart layout, historical quotes, and technical analysis across multiple platforms, including desktop, mobile, and tablet. The brokerage also offers excellent support which includes volatility alerts, stock screeners, calendars, newsletters, and market updates.

Founded in 2007, instaforex has more than 7,000,000 clients and is a well-established investment firm. Instaforex provides support services in more than 27 languages and the platform can be used by newbies and professional traders. The online forex trading platform provider makes available 7 asset classes, 16 platforms, and more than 300 instruments for trading. Clients can trade forex, commodities, precious metals, equity indices, individual stocks, energies, and cryptocurrencies. Instaforex has its registered office in russia and is regulated by RAFMM; and cysec, cyprus.

The hong kong-based cryptocurrency exchange binance charges very low fees of just 0.1 percent per trade. This platform does not only support several coins but also provides services in multiple languages, including chinese, english, korean, japanese, russian, french, and spanish. Binance primarily focuses on the china market and chinese coins. To fund the development of the exchange, it created the binance token (BNB) during the initial coin offering (ICO) event.

Coinmama, an exchange located in israel, specializes in enabling the purchase of bitcoin using credit/debit cards. The services offered by this bitcoin exchange are available in many countries around the world. The buying limit set by the exchange is higher compared to other exchanges. Bitcoins can be purchased for cash and on payments through the western union. However, the fee charged by the exchange is slightly on the higher side.

The bitcoin exchange cex.Io allows users to buy the cryptocurrency for low fees using credit cards. Purchases can also be made for free through bank transfers. The services offered by this exchange are available in many countries around the world, except a few specified by the platform provider. On the basis of verification, cex.Io offers four account levels with different buying limits. This bitcoin exchange operates as a registered company in all of the districts in which it is present.

Cex.Io combines crypto to crypto exchanges, fiat to bitcoin exchange, and a mining pool. The company also offers trades in mining contracts or bitcoin mining equipment rights for a specified period of time. In addition, the exchange offers USD/BTC and EUR/BTC pairs along with several crypto/crypto pairs.

Coinbase is the best option for first-time cryptocurrency buyers. The exchange’s interface is very user-friendly and this makes it easy for anyone to buy bitcoin, ethereum, or litecoin. Most cryptocurrencies have to be bought with bitcoin. Therefore, coinbase provides a good entry point for buying bitcoin or other cryptocurrencies. Coinbase allows clients from canada, the UK, the USA, europe, australia, and singapore to buy bitcoin, litecoin, and ether using either a bank account or credit card. A fee of 3.99 percent is charged when buying using a credit card and 1.49 percent when buying through bank transfer.

In forex trading, avatrade is by far the most recognized online currency trading platform provider. The regulated forex broker is dedicated to providing customized trading solutions to its clients irrespective of their prior knowledge or experience.

It is easy to open an account on the avatrade’s platform and you can be up and trading in a matter of minutes. The greatest advantage of working with avatrade is that the broker provides a large amount of educational material, especially to those who are not very conversant with trading. The online forex broker offers more than 250 trading instruments, including fiat currency, cryptocurrency, bonds, and cfds.

Yobit.Net was founded in russia and introduced through a forum in 2015. It caters to russian, english, and chinese traders. The bitcoin exchange accepts payments only in the fiat currency USD. In order to purchase bitcoins, the client should transfer funds in USD to his/her the account. Yobit.Net offers a wide range of cryptocurrencies such as BTC, ETH, DASH, XBY, and DOGE, among others. Trading on this platform is very easy, even for those who are new to cryptocurrencies.

Cryptopia limited, a well-known name in the market, offers free wallet and a spot trading platform with a lot of features for trading cryptocurrencies like bitcoin, ethereum, litecoin, dogecoin, cannabiscoin (CANN), electroneum (ETN), verge (XVG), digibyte (DGB), and many more (totals 1644 markets in CRYPTOPIA). The trading fee on cryptopia is 0.20% of the total BTC or crypto currency traded.

Kucoin is one of best multi-cryptocurrency exchange and trading platform with service centers based in hongkong. Kucoin exchange offers pairs for trading such as raiblocks (XRB/BTC), red pulse (RPX/BTC), canya (CAN/BTC), BTC/ETH, NEO/BTC, BTC/LTC, UTRUST (UTK/BTC), ethlend (LEND/BTC), bitcoin cash (BCH/BTC), etc (more than 69 BTC pairs). Kucoin charges a flat fee of 0.1% per trade, it also provides users with a mobile app available for android and ios.

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.

How to invest in cryptocurrencies

Read our tips for the best ways to invest in alternative currencies.

Bitcoin was considered nothing more than an interesting phenomenon when it first came out in 2009. Technicians and futurists could see the future potential of cryptocurrency in general, but it wasn't drawing much interest as an investment.

But as the years have passed and hundreds of more cryptocurrencies have come and gone, bitcoin has emerged as the standard-bearer of the currency. This point hasn't been missed by investors and speculators. Some are now coming to see cryptocurrency as an alternative global currency that will eventually replace sovereign currencies such as the U.S. Dollar and the euro.

But the trading activity has also drawn a large number of speculators. They're betting on cryptocurrencies — bitcoin in particular — rocketing all the way to the moon. Speculators are rarely seriously concerned with fundamentals. They see a sudden and dramatic price rise, and whatever the asset, it draws their attention.

This article isn't meant to be an endorsement of bitcoin or any other cryptocurrency. Instead, it's a general guide for anyone who wants to start investing in cryptocurrency. It is entirely possible cryptocurrencies will continue their march forward over the next few years. And if you're betting on that outcome, we hope this information will help.

What are cryptocurrencies and how do they work?

Cryptocurrency is based on blockchain technology. That's a chain of information registration and distribution that is not controlled by any single institution. Instead, it works as a record of digital transactions that are independent of central banks.

There are all kinds of technical details related to blockchain technology that may be worth investigating if it doesn't drive you into a technological coma. But essentially, it eliminates the middleman — such as a bank — and allows buyers and sellers to transact business directly between each other. That should also serve to lower or even eliminate transaction fees, which is a major part of the attraction of cryptocurrency.

The most popular cryptocurrency is bitcoin, whose price is regularly tracked in the major financial media. But there are actually hundreds of cryptocurrencies, including many that have already come and gone.

At the moment, it seems as if the two primary attractions of cryptocurrency are:

You can own and use it anonymously, and

It's subject to price explosions that can make it look and feel like an investment.

And for those who bought cryptocurrency prior to the price explosion in 2017 or the most recent price increase in 2020, it's probably been the best investment in a lot of portfolios.

So what should you do if you want to get in on the cryptocurrency action?

How to invest in cryptocurrencies

As you might imagine, you can't go to a local bank or even a brokerage firm (there is one exception we'll discuss later) and buy cryptocurrency. It's still seen as something exotic in the world of financial institutions. Since it's not well understood and is virtually unregulated, most financial institutions don't want to deal with it. For that reason, it tends to function within its own network.

Read our tips if you want to start investing in cryptocurrencies.

1. Allocate only a small percentage of your portfolio to cryptocurrencies

You'll have to decide in advance how much of your portfolio you want to allocate to cryptocurrency. With recent advances, particularly in the price of bitcoin, it can be difficult to make a rational decision. All investing is ruled by a combination of greed and fear, and it may be hard to keep the greed part under control given the advances cryptos have shown in recent years.

But no matter what, cryptocurrency should occupy only a very small part of your portfolio. Exactly how much is completely up to you. But you should be wary investing more than 10% or even 5%.

Understand that cryptocurrency isn't an investment in the same way a stock is. Much like investing in gold and silver, it doesn't pay interest or dividends. To the degree that cryptocurrency will be a good investment all depends entirely upon its price increasing significantly – and staying there for a while.

Cryptocurrencies weren't designed to be investments. They are mediums of exchange. They've widely been seen as an alternative to sovereign currencies, like the dollar, yen and euro. It's been thought that they'll ultimately represent a more efficient means of commerce, particularly on the web. That's because its value is determined strictly by the market and not by manipulation as sovereign currencies tend to be.

But at least up to this point, cryptocurrencies haven't satisfactorily filled the role of being a medium of exchange. Only a very limited number of merchants accept them, so most trading is taking place between individuals.

Up to this point, both the current uses and the future of cryptocurrencies are uncertain.

2. Choose your cryptocurrency

This is one of the real complications with cryptocurrency. There isn't just one, but hundreds. Maybe even more than a thousand.

Complicating the issue is that more are coming online all the time. That has to be counterbalanced by the reality that hundreds of cryptocurrencies have come and gone already. And the whole concept of cryptocurrency started only about a decade ago.

Right now, the largest cryptocurrency is bitcoin. It's also the crypto that's drawing the most attention and investment dollars. In a very distant second position is ethereum, and there are others like zcash, dash,В and ripple.

Given its dominant position, bitcoin seems to be the most reliable among all the many cryptocurrencies available. In fact, bitcoin has become practically synonymous with “cryptocurrency.” what's interesting about the connection is that while the media has been carefully following the price action of bitcoin, some cryptocurrencies have performed even better.

Because of the dominant position of bitcoin, your cryptocurrency position should be mainly in this crypto. Other cryptocurrencies should occupy a much smaller position in your portfolio. And if bitcoin as the bellwether of cryptocurrency is a speculation, any other cryptocurrency you hold should be seen as even more speculative.

This assumption should not be underestimated. Most of the cryptocurrencies that have come on the market in the past decade have either flatlined or disappeared completely. That means any investment you make could go all the way to zero. And given the price volatility that's common with cryptocurrencies, your investment could disappear completely with very little notice.

3. Choose a platform to buy cryptocurrencies

One of the disadvantages with buying cryptocurrencies is that you can't get them in all the usual financial places. Banks don't offer them and neither do investment brokerage firms.

For the most part, you'll be limited to buying, holding and selling cryptocurrencies on dedicated cryptocurrency exchanges.

Some of the largest of these exchanges include:

Coindesk (this is probably the most popular cryptocurrency exchange and the one that seems to be most commonly quoted in the financial news media.)

Binance

Terrexa

Coinbase

Kraken

You can think of these platforms as brokerage firms specifically designed for cryptocurrencies. Each offers trading in the most popular cryptos, and of course, you should expect to pay a fee for both buying and selling.

Cryptocurrencies available through robinhood include bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, and dogecoin. This may be a less expensive and more convenient way to hold cryptocurrency, especially if you plan to hold it only as an investment and not as a medium of exchange.

Apart from robinhood and the various cryptocurrency exchanges, you may also be able to buy and sell cryptocurrency directly with individuals who also hold them. But to do that, you'll need a special way to store them.

Advertiser disclosureВ вђ“В this advertisement contains information and materials provided by robinhood financial LLC and its affiliates (вђњrobinhoodвђќ) and investor junkie, a third party not affiliated with robinhood. All investments involve risk, and the past performance of a security or financial product does not guarantee future results or returns. Securities offered through robinhood financial LLC and robinhood securities LLC, which are members of FINRA and SIPC. Investor junkie is not a member of FINRA or SIPC.Вђќ

4. Store your cryptocurrency

Cryptocurrency is typically stored in a cryptocurrency wallet. This is a complicated topic, particularly since there are so many wallets available. But we'll try to boil it down to the basic facts.

A cryptocurrency wallet is a software program that stores the private and public keys that connect you to the blockchain where your cryptocurrency exists. Wallets don't actually store your cryptocurrency but enable you to access it on the blockchain with your public key (your “cryptocurrency address” that the other party in the transaction sees) and private key (known only to you). You must have both in order to complete a transaction. They're called “keys” because they're used to unlock your cryptocurrency on the blockchain.

In addition to enabling you to access, send and receive cryptocurrency, a digital wallet also provides a record of transactions that are stored on the blockchain, as well as your current balance.

Types of cryptocurrency wallets

There are several different types of digital wallets:

Desktop wallets are installed on your personal computer. Since storage is on your own computer, the information is safer than with online wallets.

Online wallets are on the cloud and can be accessed from any computer. They're more convenient to use, but your private key is stored online and controlled by a third party. This makes them less secure.

Mobile wallets. As the name implies, this type of wallet is an app on your smart device. They have the advantage of being able to be used to make purchases where various cryptocurrencies are accepted.

Hardware wallets. These store your private key on a hardware device, such as a USB device. They're more secure because the private key isn't stored online, where it could be accessed by unauthorized parties. They also let you access your cryptocurrency from multiple devices.

Which digital wallet you choose will depend on your own desire for a balance between security and convenience. Some cryptocurrency exchanges also offer digital wallets for your cryptos.

Be ready for a wild ride!

Bitcoin has had a lot of ups and downs over the years. This chart from coindesk shows the price performance of bitcoin from 2013 to the present.В (click on “all” at the top of the chart.) at the beginning of the chart back in 2013, bitcoin was trading below $130.00. But it skyrocketed to $17,060.55 on december 11, 2017, before crashing again a few months later. In 2021, it started to jump again, pushing through $36,000 on january 6, 2021.

No matter where or how you decide to buy, sell and store your cryptocurrency, be prepared for instability. Cryptocurrencies are far less predictable than traditional investments. And with any investment, it's key to remember that what goes up can come down again.

Top 10 online cryptocurrency trading brokers

World's leading social trading platform

Proven track record of security

Unlimited daily withdrawals

Min. Deposit of $200 to get started

Instant trade execution

Changelly accepts almost all altcoins available on the market today. You can quickly and easily trade cryptocurrency coins, allowing you to maximize the value of your cryptocurrency trades.

No personal information required

Most convenient way to switch between altcoins

Largest offering of cryptocurrencies

Good customer support

Get bitcoin instantly

Profit margin guarantee

100% automated

Bitfinex is one of the world’s largest and most advanced bitcoin trading platforms. Trade bitcoin and other crypto-assets with low fees and many cutting-edge features including margin trading.

Competitive fees

Free deposits

Deep liquidity

T&C's apply to each of the offers above, click "visit site" for more details.

Changelly accepts almost all altcoins available on the market today. You can quickly and easily trade cryptocurrency coins, allowing you to maximize the value of your cryptocurrency trades.

How to get started in cryptocurrency trading

What is cryptocurrency?

What are cryptocurrencies used for?

What is the difference between bitcoin and ethereum?

Ethereum emerged as an effort to try to correct some of the main criticisms made towards bitcoin – especially regarding security.

What is the difference between a cryptocurrency exchange and a cryptocurrency broker?

Trade cryptocurrency online using CFD services

Trading cryptocurrencies – getting started with cfds (contracts for differences)

Cryptocurrency cfds allow you to trade digital coins without actually owning any. Crypto cfds were generated to give traders exposure to the cryptocurrency market without the need for ownership.

How to make money trading crypto

How to choose the best cryptocurrency trading broker online

Regulation

Customer service

Account types

Currency pairs

Platform type

Fxdailyreport.Com

Best cryptocurrency trading platforms 2021

Etoro, a multi-asset and social trading brokerage, has registered offices in israel, the UK and cyprus. The brokerage has a worldwide reach and is regulated in all the markets.

Etoro boasts of more than four million active users and allows individuals to trade in forex, stock cfds, and cryptocurrencies.

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Cryptocurrency brokers – the complete trading guide

The full list of online brokers offering cryptocurrency trading, including bitcoin, litecoin, ethereum and more.

Bitcoin trading has been supported by a number of brokers for a couple of years already but this year saw an absolute explosion in the number of cryptocurrency offerings. The incredible rally in blockchain asset prices has attracted so many new companies to the crypto bandwagon – how does a trader choose who to go with?

To help, finance magnates has assembled the ultimate list of brokers offering cryptocurrency trading. We examined which top currencies they support and what the offered leverage is, so you can review the whole market in one place.

Why trade with a broker?

Most crypto investors still trade with exchanges directly, which raises the question – what is the need for a broker at all? There are several answers to this but all emanate from the issue of user experience.

Most cryptocurrency exchanges were not built with a simple trading experience in mind. As such they offer cumbersome interfaces, little support for 3rd party platforms and very limited customer support options.

If you have ever tried to contact one of the bigger exchanges with a problem that needed active support, you likely only received canned email responses that felt like corresponding with a cheap chat robot. A good broker must offer great client support so if you forget your password and can’t get a text message confirmation (2FA) you won’t completely lose your account as can happen with an exchange.

Why are FX brokers adding cryptocurrencies?

In a word, volatility. While long term investors can just buy an asset at an exchange, transfer it to a secure wallet and hold, day traders look for something else. Volatility creates many small trading opportunities which they try to capture with risking holding for long term. As such, crypto assets are magnet for short term and algo forex traders.

The major fiat currency pairs offer volatility that is literally thousands of times less than cryptocurrencies, so they can not match the excitement associated with trading them.

Beyond that, there is incredible hype right now surrounding bitcoin and ethereum in the mainstream financial media, and many clients are simply demanding access to them as a result. By offering just a few more cfds, a broker can capture a huge new market of people looking to speculate on this hot new thing that they heard about without any desire to ever use blockchain assets for anything else.

So, let's see, what we have: learn more about the best cryptocurrency trading platforms to trade your coins. Rankings are based on usability, fees and more. At cryptocurrency investment broker