Oct 27, · 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. Top 5 Bitcoin Trading Sites in 1. eToro. The online trading platform eToro has been serving customers around the world since The Israeli startup 2. KuCoin. KuCoin is a purely crypto-to-crypto exchange that promotes itself as “the people’s exchange” – and for good 3. Paxful. Paxful. 11 rows · Dec 08, · 10 Best Bitcoin & Cryptocurrency Trading Platforms () Binance. 5/5.
Top 5 bitcoin trading sitesBest Bitcoin Trading Sites for - Bitcoin Market Journal
Hence, always trade with care and cut your losses quickly when the market moves against you. BitMEX is a bitcoin trading site that was set up in to provide digital currency derivatives to professional traders.
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.
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. Plus allows you to buy and sell all the best cryptocurrencies via CFDs , such as Bitcoin, Ethereum, Litecoin and Ripple, and many more.
This is one of the best sites available, especially because it makes trading extremely straightforward. With Coinbase Official Website , you can do everything that can be done with Bitcoins. It also allows you to pay for goods and services with a couple of clicks.
Since it is arguably the safest platform, we have placed it at the very top of our list. And if you get familiar enough with the platform, you will find it fairly easy to make a profit. It has a page for each country that supports the currency, as well as a list of both buyers and sellers.
This is mostly thanks to its built-in escrow system that protects individuals from scammers. Apart from allowing you to buy and sell your units, it offers a unique layout that helps you navigate the digital currency world with greater ease. If you are a beginner and still need to learn, you might want to start by signing up on Local Bitcoins. Kraken was one of the first sites that passed an independent audit.
The platform itself is completely focused on trading in bitcoins. It is an exchange platform that can be used by both individuals and businesses. Just like Coinbase, they boast a great level of security.
And it has been rated as one of the best sites for Bitcoin investment. This platform was the first operator to get a license for dealing in bitcoins. The platform supports multiple methods by which users can complete peer-to-peer transactions including Paypal, wire transfer, Western Union and Webmoney.
The Binance trading platform is available in a vast range of languages, including English, Korean, Spanish, Russian, French and Japanese. Binance has apps available for both iOS and Android mobile phones and is supported in Europe, USA, Japan, Australia, and all other major cryptocurrency-friendly countries. The platform is also supported by its own native digital asset, the BNB token, which has increased exponentially in value over the past year.
In addition to our top five above, there are several other ways to buy and trade Bitcoin that may appeal to certain customers. Coinbase is one of the most popular cryptocurrency wallets due to its simple and appealing mobile apps.
Users can quickly and easily create a verified account and then purchase several cryptocurrencies via credit card, Paypal or other methods. However, Coinbase has some of the highest fees associated with purchasing cryptocurrency.
BTCC is one of the oldest exchanges in the world, dating back to It offers purchases in credit card, wire transfer and cryptocurrency with a 0. BitBay is another Bitcoin trading site that offers hassle free purchases via credit card. In addition, it features its own BitBay debit card that can be used to withdraw cryptocurrency at any ATM around the world that supports Mastercard. While improvements in safety are being made on a daily basis, cryptocurrency remains a largely unregulated industry.
Always ensure you are using a secure internet connection and if possible, use a platform that provides two-factor authentication.