Suppose you’re thinking about starting a career as a cryptocurrency trader. In that case, you must already be aware that there are hundreds of marketplaces and brokerage platforms you can join. Each of these platforms provides access to many cryptos, but not all of them support the same tokens.
Moreover, every platform has unique features and fees, so you must compare every detail before placing your first investment. We wanted to help you find the best crypto exchange for your needs, so we reviewed the most popular choices among successful crypto traders. Our list of the best Bitcoin brokers includes only those platforms with the best features and the lowest fees. So let’s jump right into it!
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
- eToro – Our Best Platform for Crypto Trading
- Pionex – Automated Trading Platform
- Coinbase– Our Top-Rated Crypto Trading Platform
- Crypto.com – Over 250 Available Cryptocurrencies
- Interactive Brokers – Our Best Platform For Experienced Traders
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
1. eToro – Our Best Platform for Crypto Trading
eToro is one of the most popular crypto exchanges, and it’s also one of the most regulated platforms you can join. It’s top of our list of the best Bitcoin brokers because it’s got a few unique features that make a difference. Apart from providing users access to over 40 popular cryptos, it also provides access to Forex, over 1600 stocks, and other commodities.
The platform became popular because of its unique trade copy tools that allow users to copy the trades made by experienced investors. It was founded in 2007, and its user base grew to over 25 million, where it sits right now. The platform is available in 140 countries worldwide, and it’s fully regulated by the FCA, CySEC, and multiple governments.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
eToro In Detail
Minimum Trade
It takes only a few minutes to create an account on eToro, and it can be completed on-site or using the eToro app. After you’ve created an account, you can start trading cryptos once you place a minimum deposit of $10. The exchange allows you to load your account using many different payment options, including bank transfer, PayPal, credit card, etc.
Fees
Every crypto broker comes with trading fees, but eToro has the lowest fees. It’s got a 1% fee on buying and selling cryptos, no commission on ETF trades, and zero transaction fees.
Digital Wallet Support
eToro has its crypto wallet that allows you to store your digital tokens directly. You can download the wallet on your phone and use the app to trade cryptos on the go. The minimum transaction is $125, and the maximum is $10,000. In addition, you can connect your eToro wallet to another digital wallet and transfer tokens directly from one to another.
PROS:
- Easy to use
- CopyTrader feature
- Low fees
- Users get access to helpful material
CONS:
- Not available in all states
- High non-trading fees
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
2. Pionex – Automated Trading Platform
Pionex is a trading platform that uses automation to make buying and selling cryptos almost effortless. It’s one of the best Bitcoin brokers, especially for traders who don’t have time to monitor crypto prices in real-time. You can create an account for free in minutes and then choose one of 18 available custom trading bots, each programmed to approach trading cryptos from a different angle.
Some bots buy low and sell high; others spot futures and help you set up a stable passive income. Moreover, every trade you make comes with a super-low fee of 0.05%, and you can take control of the trading at any time. Traders with more than $300,000 on their accounts gain access to the Market Maker program, which drops their fees to zero.
Pionex in Detail
Bot Selection
Out of the 18 available bots, 12 are free. Each trading bot is fully customized for a specific type of crypto trading. None of them require any manual input to work. According to the current market conditions, the bots are pre-defined in many categories, including grid trading, leveraged trading, dollar-cost averaging, rebalancing, and others.
Fees
Pionex comes with a maker-taker fee, meaning that you have to pay a percentage every time you buy or sell a token. Both fees are set to 0.05% of the trade value, and they are billed after the trade is completed. Traders with over $300,000 worth of cryptos don’t have to pay any fees.
Security
The platform is backed by multiple funds that add over $10 million. It also has the MSB license given by the Financial Crimes Enforcement Network, a financial body under the US government designed to prevent fraud and money laundering. The site also has some kind of encryption, but the details are held in secrecy to avoid potential data theft.
PROS:
- 12 free bots
- Super-low transaction fees
- Great mobile app
- Automated trading
CONS:
- You can’t load the account with fiat currencies
Visit The Best Bitcoin Broker<<<
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
3. Coinbase – Our Top-Rated Crypto Trading Platform
Coinbase is among the best Bitcoin brokers because it’s one of the best-designed crypto exchanges that give you access to hundreds of digital assets. It’s got plenty of features to make your crypto trading much easier and more accessible. For example, the Coinbase Earn feature allows you to earn digital currencies while completing tasks.
The platform is trendy among beginners because it’s easy to master and gives users access to plenty of educational material to help them get the most out of the platform. Coinbase also comes in a mobile app version that allows you to trade digital currencies, stocks, futures, and other assets. Every trade comes with at least 0.5% fees, but more significant sums of money have lower costs.
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
Coinbase in Detail
Large Selection of Cryptos
Coinbase offers one of the most impressive collections of cryptos, NFTs, and other digital assets. Users from the US have access to over 60 popular cryptos, including Bitcoin, Ethereum, Binance Coins, and many others. New cryptos are added to the offer, but remember to check which ones are available before making your first deposit.
Built-in Education Center
The platform goes a long way when it comes to user education. It offers an impressive set of educational tools and resources that help users master crypto trading and make some money. That includes details on every available crypto, and users get real-time notifications about all news related to the world of cryptocurrencies. Moreover, if you complete all tutorials on Coinbase Earn, you can get up to $100 free cryptos.
Fees
Coinbase has two different marketplaces. The regular marketplace is ideal for beginner traders, while the Coinbase Pro version is aimed at veterans. The fees vary from one platform to the other, calculated according to the order value. For example, the smallest order of $10 comes with a $0.99 fee. On the other hand, orders valued at over $200 come with a 1,49% fee. You have to pay for the maker and taker fees as well, but the maximum is only 0.50%.
PROS:
- Easy to use
- Great mobile app version
- The ability to earn free cryptos
- Access to educational material
CONS:
- Higher fees than other marketplaces
- Poor customer support
Visit The Best Bitcoin Broker<<<
Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.
4. Crypto.com – Our Best Mobile App Bitcoin Broker
There are many reasons why you should consider starting your crypto-trading career on Crypto.com. First of all, the platform has one of the most impressive digital currencies and other assets offers. The basic trading options include over 250 digital tokens, access to an NFT marketplace, stocks, commodities, and other assets.
If that’s not enough, the platform also comes with an excellent mobile app that makes buying and selling cryptos even easier. The platform went live in 2016, and it has kept growing ever since. It’s currently available in over 90 countries, and it’s arguably one of the best crypto exchanges available. The only part that might turn people away from joining Crypto.com is the relatively high trading fees of 0.40%. However, that’s a price millions of users are willing to pay in exchange for an excellent app and other features.
Crypto.com in Detail
Minimum Trade
Crypto.com is one of the best Bitcoin brokers because it allows trades as low as $1. That gives beginners a chance to practice trading Bitcoin and other digital assets without risking a lot of money.
Fees
The fees for trading cryptos on the platform vary depending on how you fund your account. For example, if you load your account using a debit/credit card, the fees are 2.99%. When trading Bitcoin, each transaction will cost you 0.0004 BTC, which might be something worth considering before you join.
Mobile App
Crypto.com’s mobile app is one of the best on the market. It’s hugely popular among…
