Having the opportunity to invest in cryptocurrency has become increasingly popular as the price of cryptocurrency continues to rise. However, with the number of cryptocurrency exchanges and brokers out there, it can be hard to know where to start when it comes to investing in cryptocurrency.
Truth be told, cryptocurrency remains the future of finance and that future is now as its trading has increased in popularity amassing a large number of traders making it their preferred choice in the digital market.
Currently, there are some cryptocurrency exchange platforms often referred to as crypto brokers who are into the daily routine of exchanging and investing Cryptocurrency of which their services being offered come in two different forms; the social trading platforms or that which involves the broader selection of altcoins. Here are ten of the best cryptocurrency exchange and investing brokers that are currently available.
BEST CRYPTO EXCHANGES AND INVESTING BROKERS
Below is our list of the 10 best Cryptocurrency exchanges and investment platforms in no particular order.
1. COINBASE – A beginner-friendly platform
This is one of the oldest Cryptocurrency platforms with statistics showing it has over 43 million users registered on the platform scattered around over 100 countries making it one of the largest as well.
The platform rewards one for completing a wide variety of tasks being made available as well as facilitating the purchase of Bitcoin, Ethereum, and Litecoin in addition to over 30 other coins being made readily available on the platform. Still pondering on whether you should jump on Coinbase, here are some reasons why you should.
- Its customer support is excellent as well as its marketplace is great
- It provides a great user interface for its members
- It is best for new users as it provides them with a good selection of coins to bank on
- You can always rely on their trustworthiness as it has a high level of security.
2. E TERO – Traditional investing platform
E terro originally founded and introduced in the UK which has now spread across all facets of Europe is a platform that provides its users with a large variety of products to be bought and sold.
Its basic features allow one to identify their fellow traders on the platform to follow the trend of their trades, here are more reasons why you should join.
- Ability to follow your fellow trader’s trends.
- Easy to use interface.
- It requires the barest minimum to start.
3. WhiteBIT – A Secure and Diverse Cryptocurrency Exchange
WhiteBIT is a reputable cryptocurrency exchange that offers a secure and versatile platform for trading digital assets. With a strong track record in the crypto space, the exchange boasts an extensive user base spanning across numerous countries, reflecting its global prominence.
The platform stands out for its user-friendly interface and commitment to security, catering to both seasoned traders and newcomers. WhiteBIT provides a comprehensive selection of cryptocurrencies, enabling users to access not only popular options like Bitcoin, Ethereum, and Litecoin, but also a wide array of over 100 other coins, fostering diversified investment opportunities.
Here are some compelling reasons to consider WhiteBIT for your crypto trading needs:
- Robust Customer Support: WhiteBIT prides itself on delivering excellent customer support, ensuring that users receive timely assistance whenever needed.
- Intuitive Interface: The exchange offers a seamless and intuitive trading interface, enhancing the overall user experience and making trading more accessible.
- Diverse Coin Selection: Whether you’re a seasoned trader or just starting out, WhiteBIT’s extensive range of supported coins allows you to tailor your portfolio to your preferences and goals.
- High Security Standards: Trustworthiness is a cornerstone of WhiteBIT’s operation, with a strong emphasis on security measures to protect users’ assets and data.
4. LocalBitcoins – P2P exchange where you can trade bitcoin in person
You can find bitcoin buying and selling opportunities in a variety of online marketplaces, but LocalBitcoins is unique in that it provides you with a platform to trade bitcoins in person. The site connects you with traders and other buyers who are looking to buy and sell bitcoins directly from each other.
Depending on where you live, your trading options may include something as simple as meeting up with someone in your city at a coffee shop, or as complex as flying across multiple states to meet another trader. If you’re looking for simplicity, LocalBitcoins is probably not for you. But if you’re interested in engaging in P2P trades without paying transaction fees (or perhaps even earning a profit), it might be worth exploring.
5. WeSellCrypto – Sell cryptocurrency from your site. Open API, no need to download any software.
WeSellCrypto is an online cryptocurrency exchange that lets anyone easily sell their crypto coins in a fast and easy way from their own website. Sellers can also use our API to link directly to their cryptocurrency sales page on other websites or integrate it into existing software. Customers can buy any cryptocurrency with any fiat currency like USD, EUR, GBP, and others
6. BINANCE– Largest cryptocurrency exchange
Binance presently is the order of the day as it has become everyone’s favorite. though its user’s interface doesn’t come quite easy as compared to that being offered by other platforms they do boast of the largest marketplace when being placed in comparison with others which is why it’s regarded as people’s favorite. The pros of this particular platform have been summarized below
- A wide variety of supported coins and tokens are made available on the platform.
- The pace at which transactions are being facilitated is awesome. low charges in comparison to others.
7. BLOCKFI
This is another Cryptocurrency platform that is quite rewardable in the long run as it is one out of a few platforms that provide its users with the feature of lending and earning interest as well on their holdings.
it is considered a long-term investment scheme as it offers its users the opportunity and privilege of borrowing your coins or tokens rather than selling them giving you an avenue of earning interest while doing so.
- It is another platform to take advantage of as it
- Charges no fees or commission to its users.
- It is regulated by the US government so your investments are in safer hands.
- Ensures your returns on investment are quite high as compared to other platforms.
8. BISQ
BISQ which was birthed in the year 2014, is a Cryptocurrency software that is used to enhance the trading of digital assets most especially Cryptocurrency coins and tokens across the globe.
it operates in a decentralized system and also provides its users with an avenue to enhance the buying and selling of Cryptocurrency securely and privately. Here are some benefits of signing up on this platform.
- Its marketplace is recognized globally.
- Even though the know your customer(KYC) means of identification isn’t made available, it still offers a wide degree of privacy.
- It provides a wide variety of payment portfolios giving room for no excuses.
9. KRAKEN
Birthed in the year 2011, this particular platform is a no go zone for newbies in the market as it has been specifically designed for experienced traders to dwell.
it is widely known as the best when it comes to charging low fees in the Cryptocurrency globe in addition to maintaining its professional reputation of being a reliable platform. Below are some reasons why your coins and tokens should be placed under the guidance of this platform.
- It has a wide variety of supported cryptocurrencies on its platform.
- Its liquidity exchange rate is quite huge. it blesses its users with a low fee charge.
10. BITMART
Birthed in the year 2017, and made available in a total of over 180 countries, BITMART has placed itself on top of the charts of the leading Cryptocurrency platform with over 1000 digital assets being made available to them.
It is the top pick for experienced traders In the market and below are some reasons backing up such a claim.
Available on the platform is a wide variety of digital assets and Cryptocurrency its users can jump on to carry out their trading activities of buying and selling.
- It provides crypto earning opportunity as its users can jump on the exchange earn feature to receive interest on digital assets held in exchange.
- It provides a user interface that comes alongside the buy and sells features.
11. Bitfinex – Professional trading platform
Bitfinex is a popular cryptocurrency exchange based in Hong Kong that has been operational since 2014. The platform supports both fiat and cryptocurrency trading, including multi-currency exchanges as well as margin and leveraged trading. Besides crypto-to-crypto trading, there are also options for exchanging crypto assets against fiat currencies such as USD, EUR, and JPY.
Both deposits and withdrawals are available in a variety of currency pairs through wire transfers. Deposits can be made with Bitcoin, Litecoin, or Ethereum. In addition to its cryptocurrency exchange services, Bitfinex offers advanced features like:
- margin trading and peer-to-peer financing (subject to certain conditions).
- Its current API allows developers to access data from trades on its platform via JSON format
CONCLUSION
Investing in Cryptocurrency follows the same pattern as investing in stock as there isn’t much of a difference between them both.
You just have to plan your study and carry out your research to know the nook and crannies of everything cryptocurrency-related.