Whether you’re looking to get started with bitcoin or want to diversify your portfolio, there are many exchanges where you can buy it. These places all have their own unique features and characteristics, so it’s important to choose the right one for you.
The best exchanges are regulated and use high-level security measures, including cold wallets and free insurance. This protects you against a loss of your crypto funds, even if the company goes bankrupt or is hacked.
Cryptocurrency exchange eToro
eToro is a multi-asset investment platform that allows you to trade stocks, ETFs and cryptocurrencies. Its social trading features make it easy to connect with other traders and learn from their experiences.
In addition, eToro offers a copy trading feature that lets you automatically copy the trades of top traders without paying management fees. It also has a popular investor program that rewards traders who get people to copy their trades.
However, eToro has a few issues that could keep you from making the most of its service. Its trading platform is simple, and it doesn’t offer the tools and planning options that most sophisticated investors require to carry out advanced trading techniques.
eToro has a wide selection of cryptocurrencies to choose from, including Bitcoin and Ethereum. It also has a secure wallet for storing your crypto assets.
Cryptocurrency exchange Bitstamp
Bitstamp is one of the oldest and most reputable exchanges on the market. It has been serving customers without hiccups for over a decade, with only a few minor hacking incidents to its credit.
Its low trading fees are incredibly competitive and easy to understand, with makers paying 0.1% and takers 0.18%. High-volume traders can see their fees decrease to 0% on volumes of $20 billion or more per month.
In addition, it offers an over-the-counter desk for large transactions that don’t impact the orderbook. It also supports a variety of fiat currencies including EUR and USD, as well as ACH and SEPA transfers.
The platform also has a robust customer support team, which is rare among crypto exchanges. Phone support is available 24-hours a day and is backed up by email and a ticket system.
Cryptocurrency exchange Coinbase
Coinbase is an easy way to buy and sell bitcoin, ethereum, and more. It supports more than 250 cryptocurrencies, and it allows users to trade a variety of crypto-to-crypto trading pairs.
The platform has security measures in place, including 2-factor authentication and whitelisting of withdrawal addresses for added safety. It also carries crime insurance that protects your cash balance up to $250,000 per account, similar to the amount of money you would keep in a bank savings or checking account.
While Coinbase offers a wide range of features, it doesn’t support all cryptos and it has customer service issues. However, it’s a popular choice for beginners and pro traders alike.
For those who trade frequently, Coinbase Pro has more charting tools and order types. It also uses a maker/taker fee structure, which gives you better rates for higher volumes.
Cryptocurrency exchange Bybit
Bybit is one of the most popular exchanges in the world and a top choice for many crypto traders. It offers an extensive list of coins and currencies, as well as a variety of other features that make it a great place to buy and sell crypto.
In addition to its broad range of assets, Bybit also supports derivative products such as futures contracts. This has led to a lot of regulatory scrutiny for the company and is not recommended for everyone.
Like Coinbase, Bybit https://www.bybit.com/en-US/ uses a maker-taker pricing model that charges based on whether you add or remove liquidity from the market (makers). You can use BNB, its own in-house coin, to reduce trading fees even further.
TradeStation Crypto is an online brokerage that offers trading in cryptocurrencies and other digital assets. It’s a subsidiary of the well-known TradeStation Securities, a New York Stock Exchange, Financial Industry Regulatory Authority (FINRA), and Chicago Mercantile Exchange (CME) member.
For those looking to trade a variety of asset classes, TradeStation has competitive pricing and low commissions. It also has a solid range of research tools and free data feeds.
Its trading platform has a comprehensive set of technical indicators and charts, and users can download or create their own with the TradeStation API. They can also use it to back-test strategies using historical market data.
It’s also available on both the web and mobile platforms, with support for multiple currencies. It’s a good choice for investors who want to trade cryptocurrencies but aren’t sure how to go about it.