Nov 18, · 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. Oct 11, · CoinMetro is hands down the most affordable place to purchase Bitcoin and other cryptocurrencies. The exchange is designed to suit for all levels of trades, from newbies with a one-click buy button to pro trading screens. The platform is available for the US citizens, except for Hawaii, Washington and New York states. Dec 22, · Prime XBT is a popular Bitcoin-based cryptocurrency trading exchange that allows speculating on traditional financial products. Traders are able to trade a broad spectrum of markets including Forex (FX), cryptocurrency, commodities and indices using Bitcoin as collateral – a feature that not many exchanges offer today.5/5.
Most popular bitcoin trading platformBest Places to Buy Bitcoin of
Coinbase Pro formerly known as GDAX is a serious trading platform with screens that look familiar to those who use Bloomberg terminals or active stock, commodity and option trading platforms. It charges fees ranging from 0. If you want to try Coinbase but with much higher volume, this platform is the way to go.
Coinmama is an all-in-one exchange and digital wallet that makes it easy to buy Bitcoin and a limited list of additional currencies in U. Dollars or Euros. The site claims more than 2 million customers in countries. One of the easy features lets you buy Bitcoin in just a few clicks from the homepage. While the exchange offers great real-time transactions, it does charge higher fees than some others on this list—there's a 3.
Rather than buying and selling on the open market, Coinmama funds user trades from its own holdings, adding a little extra security compared to some open market platforms. There is no mobile app, but the website is very high quality. Coinmama is a registered money business in the United States, giving it additional legitimacy and recognition above some competitors.
Bitcoin is a digital currency, or cryptocurrency, that is created, distributed, and kept through blockchain, a decentralized ledger system that aims to lower the costs of making payments. Bitcoin was the first ever cryptocurrency and has carried the largest value of any digital currency since the invention of blockchain. Bitcoin traders sell through platforms that will provide a digital wallet for you to buy and store your Bitcoin.
Such a platform serves as an exchange that anonymously matches up buyers and sellers and completes transactions.
Your digital wallet allows you to use other traditional financial resources, such as your debit card or bank account, to complete the purchase of Bitcoin. Another option is to use a peer-to-peer exchange service that connects buyers and sellers to make their own transactions via the platform, with both parties being able to see and speak to each other.
The value of Bitcoin fluctuates based on what people are willing to pay for the currency, just like many other investments or assets. P2PB2B, for example, charges a 0. Buying Bitcoin is safe whenever you use a vetted and respected platform. In terms of Bitcoin being a safe investment, the value fluctuates more frequently than many other traditional investments.
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.
Cash App. Coinbase Pro. We publish unbiased reviews; our opinions are our own and are not influenced by payments from advertisers. Learn about our independent review process and partners in our advertiser disclosure. RetailFX came into existence in in Tel Aviv.
IQ Option may not be most well-known or the biggest platform, but it is growing very fast. The platform offers trading in all of the popular assets and up to 25 percent leverage. In addition, IQ Option provides a multi-chart layout, historical quotes, and technical analysis across multiple platforms, including desktop, mobile, and tablet.
The brokerage also offers excellent support which includes volatility alerts, stock screeners, calendars, newsletters, and market updates. Founded in , Instaforex has more than 7,, clients and is a well-established investment firm. Instaforex provides support services in more than 27 languages and the platform can be used by newbies and professional traders. The online forex trading platform provider makes available 7 Asset Classes, 16 Platforms, and more than Instruments for trading.
Clients can trade forex, commodities, precious metals, equity indices, individual stocks, energies, and Cryptocurrencies. The Hong Kong-based cryptocurrency exchange Binance charges very low fees of just 0. This platform does not only support several coins but also provides services in multiple languages, including Chinese, English, Korean, Japanese, Russian, French, and Spanish.
Binance primarily focuses on the China market and Chinese coins. The services offered by this Bitcoin exchange are available in many countries around the world. The buying limit set by the exchange is higher compared to other exchanges.
This exchange was founded back in the day in meaning they have a quite track record behind. They have everything from advanced order types to portfolio management, this exchange could be good if there was some liquidity available. Many of the exchanges from the above categories can also be used for purchasing your first Bitcoins. However here are some of the best crypto exchanges, which are more focused on dealing with cash, and therefore better to be used for either buying your first Bitcoins or selling your coins for cash.
The exchange is designed to suit for all levels of trades, from newbies with a one-click buy button to pro trading screens. The platform offers a variety of crypto pairs trading against USD and the possibility to purchase Bitcoin with a credit card.
This exchange was founded in by Brian Amstrong and is widely known as one of the easiest exchanges for purchasing and trading your Bitcoins. The exchange is an excellent way to purchase, store and sell Bitcoin. And the number of coins these two owns makes it quite literally the most secure exchange around.
This exchange has been around since offers a simple user experience and is, therefore, one of the most reliable old dogs still around. The exchange has fast verifications and many methods for depositing and withdrawing funds.
On top of this, users can also purchase Bitcoin with a credit card.