11 rows · Dec 08, · Best Crypto Trading Exchanges. Here is our list of the best 10 5/5. Best Bitcoin Trading Platform TradeStation - Best Trading Platform Coinbase - Best Crypto Exchange eToro - Low Fees Kraken - Maker-Taker Fee Schedule Bittrex - Most Altcoins Gemini - Offers Gemnini Dollar Robinhood - Best Mobile App. Aug 18, · Bitcoin Trader is the best trading platform for complete beginners. What it has to add compared to the platforms listed in this review, is the fact that it is an automated trading platform. In a.
Beste bitcoin trading platform10 Best Bitcoin Trading Platform
Cryptocurrency refers to virtual currency that you can use to make transactions all over the world. There are different types of virtual currencies, but the first and most popular one is bitcoin. Bitcoin is based on a blockchain network, making it highly transparent and minimizing the risk of illegal transactions. You can visit the readersdigest. Bitcoin allows you to make anonymous transactions, which is why it is used for trading purposes.
Bitcoin trading is a highly popular activity and will enable investors to earn loads of money with minimal efforts. There is a wide range of websites and platforms where you can trade bitcoins and make massive profits, but some of them are frauds too. So, you must choose a bitcoin trading platform carefully. You need to focus on several features and factors while making your decision, and some of them are listed in the following paragraphs.
There are numerous bitcoin trading platforms, and each one of them follows different rules, regulations, and conditions. Some platforms have made KYC and Anti-money laundering practices compulsory, whereas some of them have no such regulations.
It is an important feature to consider while choosing a platform as it affects your privacy to a great extent. You must check rules related to the information that you need to disclose while creating an account on the platform. If you are comfortable with revealing your identity, then you can choose which requires customer verification as it is safe and reliable.
With so many bitcoin trading websites on the Internet, it is immensely difficult to pick anyone out of them. So, one of the best ways to find the right platforms is to check their reputation online. Reputation will tell you about all the positive sides and drawbacks of the online bitcoin exchange. It will help you to avoid fake and fraud websites and pick a trusted one. There are several online forums where users post reviews about different websites, and you can read them to get a clear idea about the features, security, and reliability of a bitcoin trading platform.
The volume of a bitcoin trading platform can affect your trading experience to a great extent. Volume refers to the number of assets that are traded on a platform.
Obviously, two-step authentication is available and works towards making your LocalBitcoin account and wallet secure. Update: LocalBitcoins now requires Mandatory KYC verification in most cases, and hence has been moved to the bottom of this list considering how we take your anonymity seriously and only prioritize anonymous best trading exchanges. Phemex despite being one of the newest exchanges, is one of the best Bitcoin trading exchanges for more than one reasons.
Currently, it only supports BTC deposits. Bitcoin deposits require only 1 confirmation to be considered valid. Makers get paid a 0. For takers, the fee is 0. Both the minimum deposit and withdrawal have a requirement of 0. Cold-wallets exist for extra security. Double-entry bookkeeping prevents fraud and other similar actions in an account.
Up to x leverage trades available. It too, alike Phemex believes in paying the makers for trades. Makers earn a 0. Deposits are completely free. Withdrawals are priced at 0. Every cryptocurrency also has its own minimum withdrawal limit, which is — 0. The live-chat is available 24X7, the response-time is impressive and the answers are detailed.
They have three verification level, and in order to trade users have to be atleast level 3. The verification takes a maximum of 48hours in most cases; and is most often completed in less than a working day. S customers. Withdrawal fee is 0. They do have an extremely secure cold-storage for safe-keeping majority of the funds.
KuCoin is a new player to the Bitcoin exchange game, however since its angel investment round in August it did skyrocket its performance, availability, features and everything else. Trading Passwords are another security fail-safe which can be set on the platform, they are like 2-FA but not for login rather are used for transactions, withdrawals and other major fund-related activities. Advanced features such as an anti-phishing mechanism as well as Login safety phrase are available as well.
Coinbase is without doubt one of the best cryptocurrency trading market in the industry, it also is one of the most professional options when it comes to a Bitcoin market. It offers simple buying and selling of Bitcoins, in one of the most secure environments in the industry. Primarily you can automate purchase and sales of Bitcoin without you having to touch the computer. The limit also varies based on your residence, type of citizenship and method used to purchase Bitcoins.
Also ACH payment method will clear you for a higher limit compared to using a Credit card for the same. The processing fee differs based on Payment method and country. First and foremost reason why BitFinex deserves to be on this Bitcoin market list is because of their magnanimous trade volume! Secondly, they claim to have the minimum slippage during an exchange, and support a wide range of options apart from Bitcoins, including Ethereum, Zcash, Litecoin and Monero to name just a few.
The currency is stored in cold-storage, with only 0. Even the cold-wallets are protected, and require high-level manual access from the team to be transferred anywhere else! As far as interface or customization is concerned, they not only offer some of the best looking dashboards, but they can be completely customized from your end as well!
And obviously their API is advanced enough for you integrate with any of your custom made tools to monitor pre-made charts, create your own charts, edit orders automatically or anything else based on your skills and creativity.
Fee structure is based on the Maker-Taker model. It starts with a 0. LakeBTC is best known for its security measures and transaction fee, which equally competes with the fee of any other large Bitcoin trader in the industry since its early days. The other feature worth pointing out is its huge currency support!
They use a trader-maker model by default, where the taker pays 0. And it grows up to a mark of 0. BitStamp is another giant in the line of facilitating Bitcoin trading in the Bitcoin market with an average day trade volume of , meaning lower Bitcoin prices and bulk buying opportunities for you!
As far as processing fee goes, it has a very simple calculation to that. The lowest mark being 0. Also, I personally love the security, it uses two-factor authentication just like any other security conscious Bitcoin market, in addition to its PGP and GPG encryption algorithms. Meaning all new deposits will be stored in an environment which is completely isolated from any online system.
It uses two other kinds of Bitcoin wallets , semi-cold and hot to store currencies for different purposes. ItBit Trust has quite a number of factors why it can be trusted and is one of the first names in the Bitcoin market these days.
Secondly, its board of directors have been known to wield extreme power themselves, ranging from ex-US Senators to the chairman of the FDIC. The taker has to pay 0. As far as trade volume is concerned, it is 4, BTC-E is one of the major Bitcoin trading platform in the industry.
So much so that it holds a majority of trade percentage in the total global BTC trade, which was 2. It allows withdrawal via some of the most common and popular payment portals, including Paypal, Webmoney, Perfectmoney, and Ukash! And not just that, other cryptocurrencies like Namecoin and Litecoin are accepted as well. It also has a chatroom for buyers and sellers to interact so if you feel lost you can always get almost instant support from others without needing to get the support team involved.
Without a doubt, it offers two-factor authentication for an extra security layer on your account. The transaction fee is 0. As the USD is charged as 0. BitQuick too is a platform where you can find real people to interact with, and can buy or sell Bitcoins directly to them.