9 rows · Feb 02, · Take a look below at the best bitcoin trading sites to consider using when . 11 rows · Dec 08, · Are you looking for the best cryptocurrency trading platform to diversifying your Bitcoin portfolio by in altcoins and exotic tokens? There are several choices out there to choose from such as Coinbase, Binance 5/5.
Best site for btc tradingTop 5 Bitcoin Trading Sites | [ Updated]
The platform uses bitcoin as the base currency for all derivatives trades and allows users to leverage up to x, which means with 1 bitcoin, you can move up to bitcoin in value. While leverage allows you to greatly amplify your returns, it can also exacerbate your losses. Hence, it is important to put adequate risk management measures into place should you decide to trade bitcoin derivatives as part of your investment strategy.
Coinbase launched Coinbase Pro formerly known as GDAX in to provide bitcoin traders with a professional trading platform to buy and sell the altcoin. Coinbase Pro has since added leveraged trading options to the exchange and has also made several altcoins available for trading. Gemini is targeted at professional investors and currently supports five altcoins, alongside bitcoin. Join our Newsletter and Join the New Rich. Sign Up. You should, too.
Binance was launched in after a successful initial coin offering and quickly managed to become one of the go-to bitcoin trading sites for both beginners and experienced digital currency traders. Bittrex is one of the most popular bitcoin trading sites for trading altcoins, as it offers an extensive range of digital currency pairs to trade.
Bitfinex was launched in to provide investors with access to bitcoin and other digital currencies. Delaware-based Poloniex has emerged as one of the most popular exchanges for trading altcoins.
If you are looking to trade digital currencies using leverage, BitMEX is among the best in the game. San Francisco-based Kraken is one of the longest standing and most reputable bitcoin trading sites in the market.
CoinbasePro is the bitcoin trading site of the San Francisco-based bitcoin exchange and wallet provider Coinbase. Founded in by the Winklevoss twins, Gemini is one of the few regulated digital currency exchanges in the U. As a result, more and more people are asking the question — how can I get involved in the digital money revolution?
The first step is to find a list of good bitcoin trading sites. Choosing a reputable site via which to purchase and trade your cryptocurrency of choice is the most important first step. There are well over cryptocurrency exchanges currently operating around the world so knowing which to choose can be confusing.
For your convenience, we have reviewed five of the best bitcoin trading sites currently available. The online trading platform eToro has been serving customers around the world since However, eToro is considered a very secure platform due to it being regulated in the United Kingdom by the Financial Conduct Authority FCA and in other countries via a regulatory body in Cyprus.
Beyond just providing a trading platform, it offers a range of detailed programmes available to customers that are focused on helping improve cryptocurrency trading skills. KuCoin features an interface that is far less complex than most major exchanges, making it more attractive to initial investors while still maintaining full functionality. The standard trading fee is 0. Deposits are free and withdrawals fees differ based on the cryptocurrency. KuCoin is supported in all major cryptocurrency-friendly countries and has apps available for both iOS and Android.
Paxful markets itself as the Uber of Bitcoin, aiming to bring together an online community of Bitcoin buyers and sellers. Customers are provided with a platform through which they can communicate directly with other cryptocurrency traders and negotiate price rates before completing a sale. Both buyers and vendors benefit highly from the decentralized business model and low fee structure.
Unlike most Bitcoin trading sites, Paxful is more focused on creating a marketplace where users can purchase cryptocurrency in the most convenient way. Instead of a fully functional trading site, Paxful offers a simple-to-use platform from which customers can buy various cryptocurrencies. Regular buyers and sellers accrue a reputation score that helps to promote trustworthiness on the site and ensures all transactions are completed fairly.
Localbitcoins is another decentralized exchange that works in a similar fashion to Paxful but connects users who are geographically close to each other.
This method makes the completion of payment far easier as it avoids the high fees and waiting times associated with international bank transfers. LocalBitcoins is one of the longest-serving Bitcoin trading sites and is available in over countries and territories worldwide.
However, due to regulatory restrictions, it is not available to customers in the United States, China, Syria, Indonesia, and North Korea.