All You Need to Know About Trading Software - TrustedBrokerz. You can compare Best Bitcoin Trading Platform ratings, min deposits what the the broker offers, funding methods, platforms, spread types, customer support options, regulation and account types side by side. We also have an indepth Top Best Bitcoin Trading Platform for article further below. You can see it now by clicking here. Mar 23, · The platform gained fame during the crypto bear market for allowing traders to short Bitcoin with leverage and pioneered the margin trading trend in the space. Today, the platform remains an industry leader because it offers a large variety of crypto trading contracts and a mix of margin levels to choose from, ranging from 10x to x.
Compare bitcoin trading platform10 Best Bitcoin Trading Platform
The same reputation that KuCoin is known for spills over into the margin trading platform, complete with top-notch customer service and stable performance. Where the platform suffers slightly is due to the lack of variety offered by the platform. Only two contracts are offered at up to x leverage. Still, the simple to use interface and lack of KYC remain very strong reasons to give the platform a try. Users also rave about the Lite version of the site, further simplifying the experience.
Few platforms offer such variety, and access to traditional markets during this volatility is a major bonus. Cryptocurrencies are offered at an industry-best x leverage, however, leverage on other assets gets up to x, which is common with forex currencies and other, less volatile assets. PrimeXBT, however, is all about profit and offers additional opportunities to generate revenue with CPA offers and a referral program, savings through a progressive discount system, and innovative features that give traders an edge.
The platform was also recently honored in an independent customer service review of top cryptocurrency exchanges and took home four finance industry awards. The platform gained fame during the crypto bear market for allowing traders to short Bitcoin with leverage and pioneered the margin trading trend in the space. Today, the platform remains an industry leader because it offers a large variety of crypto trading contracts and a mix of margin levels to choose from, ranging from 10x to x.
The platform offers a variety of crypto assets to choose from, and also offers its own utility token, the UNUS SED LEO, which enables unique benefits such as access to newly launching initial exchange tokens. The biggest stain on Bitfinex, however, is an association with the controversial stablecoin cryptocurrency Tether, as the two businesses share the same parent company. Regardless of the politics involved, Binance offers a stellar trading platform, well rounded with many trading options and a variety of cryptocurrencies to trade with margin in addition to Bitcoin itself.
Margin levels vary depending on the type of contract, from 2x, to x on futures. Binance is also known for its liquidity, stable and reliable trading engine, and its Binance Coin utility token.
Choosing the platform right for you is a matter of personal preference and taste. The views expressed in the article are wholly those of the author and do not represent those of, nor should they be attributed to, ZyCrypto. This article is not meant to give financial advice. The fee for buying directly using cards via Simplex the payment processor is 3. As of today, Binance has added quite a few other fiat payment modes. Now you can also purchase Cryptocurrencies using 2 other options in addition to Simplex.
The first being- from vendors on the marketplace. Banxa seems to be made for smaller traders in trade volume. It also is one of the most extensively ERC-token accepting exchanges; meaning there are over a different tokens and coins you can trade on Binance.
The Withdrawal fee is adjusted regularly according to market conditions, however at the time of writing this article BTC withdrawal was priced at 0. The trading fee is 0. So users have to start paying 0. And even though it supports U. Paxful recently re-designed themselves and jumped right to the top when it comes to being the best Bitcoin trading platforms.
It has absolutely no geographical restrictions. Most low-level traders can sneak around without having to complete any KYC verification whatsoever. Another feature making it the right pick for this best Bitcoin trading platforms is its acceptance of over different payment modes! As for security, Paxful has been globally recognized by some of the biggest names in the industry as one of the most secure trading exchanges.
LocalBitcoins is a Bitcoin market with a totally different vision and environment. You can either buy or sell your Bitcoins online on Local Bitcoins directly to other humans.
LocalBitcoin servers as an online wallet , an escrow system to facilitate a safe deal. 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!