Best Crypto Brokers, top crypto brokers.

Top crypto brokers


The cryptocurrency market continues to gain traction, not only with social media headline-chasing retail traders, but also with professional ones and fund managers.

New forex bonuses


Best Crypto Brokers, top crypto brokers.


Best Crypto Brokers, top crypto brokers.


Best Crypto Brokers, top crypto brokers.

The maturity of the market adds to capital inflows into the cryptoverse. Bitcoin leads the sector which, as of september 2020, consisted of 6,955 known cryptocurrencies. The total number may exceed it as new projects enter the market at a fast pace. Since scams continue to plague the sector, traders should remain focused on the top 100 currencies for crypto trading. Volatility is one thing each cryptocurrency trader must be comfortable with before proceeding. Price swings of over 50% have occurred, sometimes in a matter of hours or days, and bitcoin is prone to wild moves exceeding $2,000 per wave. It also creates exciting trading opportunities, and price action volatility persists. Unlike in the early wild west days of the sector, the top 100 cryptocurrencies by market capitalization evolved from a fledgling asset to respect aspects of trading like support and resistance and breakouts and breakdowns, and technical indicators became more reliable to assist in the analysis, similar to fiat currencies. Trading with one of the best cryptocurrency brokers can enhance the profit opportunities for traders. While the number of cryptocurrency exchanges continues to grow, they cater more to cryptocurrency investors. They remain ideal for those who prefer to buy and hold, or “hodl”, as it became known across the sector due to a typo on social media by an early enthusiast amid a surge in market volatility, which caught on with the crypto crowd. Cryptocurrency traders remain best served at brokers via contracts for differences (cfds), a derivative that grants full exposure to price action without physical ownership. Cfds became the most used asset for traders, and forex brokers started to add cryptocurrency cfds to their asset list. Trading with a well-established one can eliminate risks like scams, frauds, and losses related to the hacking of cryptocurrency exchanges. Brokers maintain various product and services portfolios, catering to a different type of core clientele. Therefore, traders should find a crypto broker that fulfills their trading needs. Our top list of the best crypto brokers takes the guesswork out for traders seeking a reliable choice with a secure trading environment. The cryptocurrency market will only grow further. Adding this asset class to a well-diversified portfolio can boost the earning potential with one of the most exciting trading instruments created this millennium.


Best crypto brokers


The cryptocurrency market continues to gain traction, not only with social media headline-chasing retail traders, but also with professional ones and fund managers. The maturity of the market adds to capital inflows into the cryptoverse. Bitcoin leads the sector which, as of september 2020, consisted of 6,955 known cryptocurrencies. The total number may exceed it as new projects enter the market at a fast pace. Since scams continue to plague the sector, traders should remain focused on the top 100 currencies for crypto trading. Volatility is one thing each cryptocurrency trader must be comfortable with before proceeding. Price swings of over 50% have occurred, sometimes in a matter of hours or days, and bitcoin is prone to wild moves exceeding $2,000 per wave. It also creates exciting trading opportunities, and price action volatility persists. Unlike in the early wild west days of the sector, the top 100 cryptocurrencies by market capitalization evolved from a fledgling asset to respect aspects of trading like support and resistance and breakouts and breakdowns, and technical indicators became more reliable to assist in the analysis, similar to fiat currencies. Trading with one of the best cryptocurrency brokers can enhance the profit opportunities for traders.


While the number of cryptocurrency exchanges continues to grow, they cater more to cryptocurrency investors. They remain ideal for those who prefer to buy and hold, or “hodl”, as it became known across the sector due to a typo on social media by an early enthusiast amid a surge in market volatility, which caught on with the crypto crowd. Cryptocurrency traders remain best served at brokers via contracts for differences (cfds), a derivative that grants full exposure to price action without physical ownership. Cfds became the most used asset for traders, and forex brokers started to add cryptocurrency cfds to their asset list. Trading with a well-established one can eliminate risks like scams, frauds, and losses related to the hacking of cryptocurrency exchanges. Brokers maintain various product and services portfolios, catering to a different type of core clientele. Therefore, traders should find a crypto broker that fulfills their trading needs. Our top list of the best crypto brokers takes the guesswork out for traders seeking a reliable choice with a secure trading environment. The cryptocurrency market will only grow further. Adding this asset class to a well-diversified portfolio can boost the earning potential with one of the most exciting trading instruments created this millennium.



Best cryptocurrency brokers for 2021


Daniel ‘harris’ major


I have tested 40+ crypto brokers. You can find the best cryptocurrency brokers below. This is by far the easiest way to get started with cryptocurrencies.


Cryptocurrency trading has become really popular in the past years. It’s growing more ever year.


Many big trading brokers have already added some of these cryptocurrencies. Everybody can sign up and start trading bitcoin or other crypto coins. This is the easiest and probably the simplest way to invest in cryptocurrency.


After trying out most brokers, here are the best cryptocurrency brokers:


Best cryptocurrency brokers (non-US traders only)


Plus500 – top rated trading platform


Plus500 is a big name in the trading industry. They have a really low minimum deposit requirement and a great trading site.


Buy/sell cfds on bitcoin in addition to buying stocks, commodities, forex etc (traded only through cfds). Plus500 is the most complete trading platform.



  • Trade cfds on bitcoin & many other cryptos

  • Minimum deposit is only $100

  • Regulated and trusted platform

  • Very fast signup process

  • Live chat

  • Many payment methods (even paypal)



  • You cannot withdraw any cryptocurrency

  • You have to complete a questionnaire, upon sign up


Plus500 disclaimer: 76.4% of retail CFD accounts lose money.


IQ option – lowest minimum deposit ($10)


If you don’t want to make a huge initial investment, then IQ option is the best broker for you. The minimum deposit requirement is only $10. This is by far the lowest in the industry.



  • You can trade many cryptocurrencies

  • Minimum deposit is only $10

  • Best trading platform

  • Multiple account currencies

  • Free demo account

  • Regulated by CYSEC (#247/14)


Etoro – top crypto broker


Etoro is a really popular trading site. They have been around since 2006. Etoro is regulated by CYSEC, FCA and ASIC.


Buy/sell bitcoin on etoro in addition to buying stocks, commodities, forex etc. Etoro is the most complete trading platform.



  • Trade bitcoin & many other cryptos

  • Minimum deposit is $200

  • Regulated and trusted platform

  • Australian traders are also accepted

  • Great support team

  • Many payment methods (even paypal)



  • You cannot withdraw any cryptocurrency

  • You have to complete a questionnaire, upon sign up


Etoro disclaimer: 71% of retail CFD accounts lose money.



Highlow – best all-round crypto broker


Due to regulation highlow stopped accepting traders from the EU and UK.


Highlow is an australian trading broker (AFSL no.364264). What I like most about this broker is the intuitive platform. It is so easy to use. Especially new traders will like the clean layout.


I’ve been using highlow for a few years now and I never had a problem. Highlow publishes their number of trades on the homepage. There are millions of trades on this broker each month.


I use the main platform which is web based. This means, that you don’t have to download any software. This platform is stable and safe (they use SSL).


I have also tried the ios app and the android app. They are great, but I just don’t like trading on smartphones in general.


The payouts on highlow are amazing (up to 200%, which is more than on other brokers).


Highlow is a great broker for cryptocurrencies (but only if you are not from EU,UK, US). They have a good reputation, great support team and awesome promotions for new traders.



  • Trade bitcoin & other cryptos

  • Minimum deposit is only $50

  • Regulated and trusted platform

  • Fastest signup process (no questionnaires)

  • Multiple account currencies

  • Free demo account (no registration needed)


Nadex – US traders welcome


Nadex is a CFTC regulated broker. In fact, this is probably the only US broker that has this regulation.


Only US traders are allowed on nadex. Non-US traders check out the next broker.


Update OCTOBER 2019: looks like nadex removed crypto trading. After contacting them I found out that they will add it back soon. Register on nadex now and get updated when they add it.


Recently, nadex started offering bitcoin trading.



  • Trade bitcoin, forex or binary options

  • Minimum deposit is $250

  • CFTC regulated broker

  • Great support team

  • Many payment methods (even paypal)


Crypto brokers with most cryptocurrencies


Here are the most popular cryptocurrencies offered by cryptocurrency brokers:



  • Etoro – bitcoin, ethereum, litecoin, dash, ethereum classic, NEO and ripple.

  • Plus500 – bitcoin, ethereum, litecoin, bitcoin cash, ripple, IOTA.

  • Avatrade – bitcoin, ethereum, ethereum classic, ripple, dash, bitcoin cash litecoin, monero and NEO.



Lowest minimum deposit brokers


These are the best brokers with low minimum deposit requirements:



  • Etoro – $200

  • Plus500 – $100

  • Avatrade – $100



This is really important because the crypto market itself is unregulated. Depositing on a regulated broker means that your money is safe.


We’ve also looked at the support team and the payment methods. You can deposit easily using multiple payment methods on the brokers below.


Top rated brokers that have cryptocurrencies


While we are all familiar with the broad definition of a broker, is there something more to it when it comes to cryptocurrencies?


Simply put, a cryptocurrency broker refers to a website that traders will visit to trade cryptocurrencies at a set price. In many ways, they are similar to forex brokers whose services are a lot more familiar to the general public.


Etoro disclaimer: 71% of retail CFD accounts lose money.


You still can’t decide which broker is best for you?


How to choose your cryptocurrency broker


Is leverage really necessary? Cryptocurrency markets are volatile in nature with prices fluctuating immensely thereby generating high profits even in the absence of leverage. But for some traders, the desire for more earnings justifies the use of leverage.


Before choosing your broker, settle yourself on whether the already immense profits that come from a cryptocurrency market are enough for you or you would like to use leverage to enhance them even further, bearing in mind, of course, that will also significantly increase the risk factor to your funds.


Best Crypto Brokers, top crypto brokers.


Negative balance protection: it is always advisable to trade with a broker that affords the negative balance protection facility. That way, you will never be at risk of losing more than what you invested in case you sustain very heavy losses.


How suitable is the required capital for you? This is another subjective part to your decision. Do you prefer trading with a small capital or bigger one to help you zero in on bigger returns? Find out what size trades your broker is offering before you open an account.


Narrow spreads for the win: let us be honest, it is only fair that your broker gets a cut from the money you generated having provided you with the essential facilities for it and all. But let us be honest, you definitely want every last dime for yourself.


A spread refers to the difference between the buying price and selling price of a trade and it varies with each broker. The spread is what counts as fees for your broker so the smaller it is, the lower the cost will be on your part.


Lets go into what aspects you as a trader must consider when choosing a broker to trade cryptocurrencies.


Which cryptocurrencies are you interested in trading?


Make sure you have decided on which cryptocurrencies you want to trade in before signing up with your broker.


If your choice is a prominent cryptocurrency like bitcoin (official site), litecoin (official site), or ethereum(official site), there will be a relatively broad availability of brokers that have trading options for those. However, less prevalent examples like monero, IOTA, or zcash may be a little harder to come by.


So study the cryptocurrencies being offered by a broker before you sign up for an account.


Pros and cons of cryptocurrency brokers


Here are some features that these broker have or don’t:
pros



  • Signup up with a crypto broker is probably the fastest way to get started with cryptocurrency trading

  • If you are less tech-savvy then a broker is safer for you

  • You can start buying cryptocurrency while traditional exchanges don’t always accept this payment method




  • Most of the time you can’t withdraw cryptocurrencies from a broker. You have to exchange it back to fiat money (USD/EUR etc.)



Cryptocurrency brokers – what to look for


Here are some of the more understated details about your cryptocurrency broker that could make your trading experiences so much more efficient and successful.


1. What are the weekend hours like?


This is a key detail that distinguishes cryptocurrencies from other prominent trading markets like forex, futures, and equity. Cryptocurrency brokers operate during the weekends as well.


There is virtually no difference in purchasing bitcoin at the end of the week as opposed to the middle of the week during peak hours.


But there is a catch. While digital currency exchanges are available during the weekend, your broker may not (why is the stock market closed on the weekend?). So in effect, if there is considerable movement within your relevant cryptocurrency market during a weekend when your broker is not operating, you may not have the ability to respond in any way.


2. How is it hedging?


Your broker is probably not keen on revealing if it is hedging cryptocurrency traders but it is important information for you to know.


Why is it so important for you to know?


Because, as a trader, you want to be absolutely in the clear regarding the policies for risk management being followed by your broker. Let us not forget that cryptocurrency markets are extremely volatile and an unhedged broker is more easily prone to major losses incurred by its clients. Naturally, those costs will warrant compensation via fatter spreads and additional costs for traders. It will be best to sign up with a broker that will not withhold the relevant information from you.


More great features you could be interested in


Commissions and trading on margin – an important thing to note while trading cryptocurrencies is that their prices tend to be more similar to equities than they are to real currencies. So your broker could be charging you commissions in addition to a wide spread on each trade. That, of course, raises the cost probably a bit much for your liking.


Another similarity with equities is that the margin conditions with cryptocurrencies are significantly more than they are with forex or cfds. Consequently, leverage is usually up to 10x. How considerable the margin rate will be for traders is down to what trading strategies and risk management they subscribe to.


Authenticity of market data – aside from merely evaluating how it influences spreads, market data for cryptocurrency CFD prices can be a good indicator of how the quality of the product will be in the future.


One of the more recent examples of this is BTC-e which was an immensely popular platform for trading bitcoin before it was shut down by feds. BTC-e was the first bitcoin exchange to incorporate forex trades and so made their exchange accessible via MT4 and supplied cryptocurrency liquidity for brokers.


But once it was shut down, every broker that depended squarely upon BTC-e was left with no hedging options or market data to put a price on its crypto cfds.


Are short sales available? For many traders, shorting is a crucial strategy option, the lack of which can be a deal breaker with a potential broker. Many brokers tend to offer ‘long’ only since there are only a few hedging solutions when opening short trades.


As you see, investing in cryptocurrencies can be a truly lucrative venture for you but only if you get it right.


And a lot of that is down to which broker you decide to trade with.


Ready to start trading?


Trade with the cryptocurrency brokers listed above to make sure that your money is safe, you pick a broker with a stellar reputation and you keep the fees low. Excel at trading bitcoin by creating your own trading strategy.


These cryptocurrency brokers make it really easy to trade bitcoin and other coins. You don’t have to be a trading expert. It helps if you know what a blockchain is or how the ledger and transactions work, but this is all optional.


Sign up now and see for yourself how easy it is to get started.



Top cryptocurrency brokers for 2021


We found 11 online brokers that are appropriate for trading cryptocurrency.


Best cryptocurrency brokers guide


Best Crypto Brokers, top crypto brokers.


Are you interested in investing in cryptocurrency?


If the answer to this is a yes, then you will need to find the right cryptocurrencies brokers whocan accommodate you with the best facilities to trade on the cryptocurrency markets.


Before proceeding, lets cover the real definition of cryptocurrency.


Defining cryptocurrencies


In short, cryptocurrencies are digital or virtual currencies.


These currencies are reliant on cryptography to ensure the security and verification of each digital transaction.


Cryptography can control the number of units and prevent the change of code of the cryptocurrency unless some conditions are met.


The important characteristics of the cryptocurrencies


For some people, cryptocurrencies are the savior of the economy. This is because these can give the perks that not all banks or other financial institutions can provide.


Here are the unique characteristics of the cryptocurrencies which you cannot find in the conventional means of transactions.


No third party involved


There will not be third parties like financial institutions, governments, or any other third party organizations which govern the transactions between you and your recipients, and vice versa.


There is no third party that will intervene in your transaction. And it is a win-win solution with the P2P or peer to peer network. You can send cryptocurrencies through the P2P network and the other users will also be able to do the same for you.


Cryptocurrencies have more transparency


The problem with the conventional transactions is that one can ask for a refund and this will procure such unfortunate things to only one party.


As an example if your buyer has sent you a payment and you have delivered the goods but before the goods reach their destination, your buyer reverses the transaction your result could be that you will not receive the money you are owed and your buyer may have lead you.


You can avoid this issue with the cryptocurrencies transactions as these transactions are irreversible.


Not a single party can alter your transactions and this is why it can offer you more transparent transactions than the conventional fiat currencies.


Decentralized


There is no centralized place to transact at all so you can eliminate the high rates of fees when transferring money.


The cryptocurrency is maintained through the ledger technology called the blockchain. The blockchain prevents all other entities from tarnishing the data. Not a single person can alter the system so that your transactions will be safe and sound. We will discuss blockchain next.


Blockchain definition


Blockchain is bitcoin technology comes in the list of recorded data blocks, which are gathered by cryptography.


The recorded data in the blockchain is referred to as ledger. When there is a new data exchange, usually a transaction, a new block is added to the ledger or the blockchain.


In summary, the blockchain or ledger contains important information.


Cryptocurrency brokers


The era of virtual coin is upon us and is paving a golden path for traders. When trading cryptocurrency it is important to trade through reputable cryptocurrency brokers.


We list some notable cryptocurrency brokers below:


Etoro - being one of the top-rated cryptocurrency brokers it offers several currencies including ethereum, ripple, bitcoin and dash.


XTB - XTB too has a good name among traders and offers a wide range of such virtual currencies including litcoin, ethereum and bitcoin. It is placed as one of the top 5 cryptocurrency brokers in the industry.


Plus500 - it offers crypto throughout the day and night with good leverage for the most popular currencies like litecoin, ripple, neo, ethereum and bitcoin.


What is cryptocurrency?


Cryptocurrency is a virtual coin and is traded on cryptocurrency exchanges through cryptocurrency brokers.


Lately, cryptocurrency has continued to gain popularity. This has opened up lots of new trading tools and ways to trade including contracts for difference (CFD). They earn from the difference between the cost of an asset at the present time and what value it could become in the future.


Cryptocurrency wallets


Similar to other wallets this too facilitates storing, sending and receiving the currency. We explain the three types of cryptocurrency wallet below:


The hardware wallet


The hardware wallet is the most secure crypto wallet as all the data is stored offline. A few of the good examples are trezor, keepkey and ledger nano S.


The paper wallet


A paper cryptocurrency wallet is popular and it is secure. However, it is not as convenient as the hardware wallet.


The software wallet


The software wallet is the most conveniant among the three and can be managed from a desktop or mobile phone device. Some of the cryptocurrency wallets of note are exodus, jaxx and electrum.


Cryptocurrency exchanges


A cryptocurrency exchange is a place where buyers and sellers meet for the purpose of buying, selling or trading the virtual coins with the help of couple of cryptocurrency brokers.


Binance exchange is the most famous cryptocurrency exchange in the world and it offers crypto to crypto trading.


Combase is popular too and it offers trading on 100s and 1,000s of virtual currencies like litecoin, ethereum classic and bitcoin.


Localbitcoins, on the other hand, offers over-the- counter trading of virtual coins. Traders can post a currency for sale on its websites mentioning the rate and payment methods.


ICO and token


Abbreviated for initial coin offering the ICO is a kind of fundraising for a start-up. It is done by selling underlying tokens against ethereum or bitcoin.


ICO is similar to IPO in which traders buy company shares. Investors take an entry at early stage of the project and so are capable of making a profit with the success of the company.


However, one basic difference between the two is that any person from any place in the world can take part in the ICO.


Token meanwhile is a kind of cryptocurrency too but represents a specific asset. It is sometimes used as loyalty points that can be redeemed against discounts. It can also represent something uncommon like one token is 5 bitcoins.


The cryptocurrency mining


Just a little different with the fiat currencies, the cryptocurrencies are usually mined by miners. So, there is a phrase to describe the activity as the cryptocurrency mining.


To define it, it is a process in which the miners use powerful resources, in this case computers and adequate hardware to solve mathematical problems. These complicated problems need to be solved in order to attain the rewards.


To make it more challenging, these mathematical problems have cryptographic hash functions which are linked to the block which contains the information of the transaction.


These mathematical problems are tempted to solve with multiple miners.


So, when figuring out solutions for the problems, miners are competing with other cryptocurrency miners. It is about winning and losing. The winners will get small amounts of cryptocurrency.


The reward comes from the transaction fees the users pay. At least that is how major cryptocurrencies conduct and the other factor which also gives the rewards to the miner is the release of new cryptocurrency.


Cryptocurrency wallet


The cryptocurrency wallet is a digital wallet which the users use to deposit, store, hold, send, and receive digital currency or cryptocurrency.


Do not mistake it with concepts like paypal, payza, or various other digital currency systems. The crypto wallets do not serve as the storage of the cryptocurrency. The wallets only store the information in the form of public and private keys.


Meanwhile, the crypto itself is inside the blockchain. The users do not necessarily store their cryptocurrencies in their wallet. In summary, the cryptocurrencies wallet stores the important information which you can use to access your crypto assets.


Cryptocurrency exchange


When you have the cryptocurrencies assets, you may want to sell it to other users or, you could want to trade the cryptocurrencies. Here is where you will need to use a cryptocurrency exchange.


The cryptocurrency exchange is a platform which allows the users to buy, sell, or trade the cryptocurrencies.


Some exchanges only provide crypto-to-crypto trades, but some also allow the crossover currencies so that you can trade from crypto to fiat or fiat to crypto.


There are many cryptocurrencies exchanges that you can find on the internet. Some of them offer the trades for common cryptos such as BTC, ETH, BNB, USDT, and so on. But some also offer more wider array of currencies exchange.


Cryptocurrency brokers verdict


In current times, it is not exaggerating to say that cryptocurrency is the most volatile asset class that you can find.


It is due to the fact that it comes with the high speculative market not to mention that it currently disrupts the conventional economy so that many established players don�t see it to have inherent value.


Therefore, it is still safe to use the cryptocurrencies but in addition to fiat currencies.


We've collected thousands of datapoints and written a guide to help you find the best cryptocurrency brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best cryptocurrency brokers below. You can go straight to the broker list here.


Reputable cryptocurrency brokers checklist


There are a number of important factors to consider when picking an online cryptocurrency trading brokerage.



  • Check your cryptocurrency broker has a history of at least 2 years.

  • Check your cryptocurrency broker has a reasonable sized customer support of at least 15.

  • Does the cryptocurrency broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.

  • Check your cryptocurrency broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.

  • Does your cryptocurrency broker have an international presence in multiple countries. This includes local seminar presentations and training.

  • Make sure your cryptocurrency can hire people from various locations in the world who can better communicate in your local language.



Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.


Our brokerage comparison table below allows you to compare the below features for brokers offering cryptocurrency brokers.


We compare these features to make it easier for you to make a more informed choice.



  • Minimum deposit to open an account.

  • Available funding methods for the below cryptocurrency brokers.

  • What you are able to trade with each brokerage.

  • Trading platforms offered by these brokers.

  • Spread type (if applicable) for each brokerage.

  • Customer support levels offered.

  • We show if each brokerage offers micro, standard, VIP and islamic accounts.



Top 15 cryptocurrency brokers of 2021 compared


Here are the top cryptocurrency brokers.


Compare cryptocurrency brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.


All brokers below are cryptocurrency brokers. Learn more about what they offer below.


You can scroll left and right on the comparison table below to see more cryptocurrency brokers that accept cryptocurrency clients



Best cryptocurrency brokers


Luke jacobi

Contributor, benzinga

Want to jump straight to the answer? The best crypto platform for most people is definitely etoro.


Many people believe that cryptocurrencies are the future of finance. When you’re ready to leap into crypto, choosing a broker to trade or invest in cryptocurrencies is one of the most important steps to your success in the crypto market.


Get started now with benzinga’s picks for the best cryptocurrency brokers to choose the right one for you.


Best crypto brokers and trading platforms:



  • Best for social trading: etoro

  • Best for ease-of-use: gemini

  • Best for new investors: coinbase

  • Best for gold investments: itrustcapital

  • Best for high volume forex traders: cryptorocket

  • Best for accessibility: altrady

  • Best for multiple exchanges: voyager


Best crypto brokers


Since different brokers have different strengths, you need to figure out what kind of broker best suits your cryptocurrency interests. Some brokers provide a social trading platform where you copy other cryptocurrency traders’ trades in your own account. Others can offer the ability to make transactions in a broader selection of altcoins.


Choosing the best crypto broker depends largely on addressing your needs as an investor or trader. The following list crypto brokers been selected for different reasons to meet the needs of differing cryptocurrency trading and investing styles.


Best Crypto Brokers, top crypto brokers.


Commissions

Account minimum

1. Best for social trading: etoro


Etoro fundamentally changed the way many people trade and invest with its social trading platform. Social trading involves mirroring another trader or investor’s transactions in a special social trading account. While you make the same amount proportionally as the trader you’re copying, you also take the same percentage of losses the trader takes in their account.


In addition to its regular crypto trading platform, etoro offers an advanced cryptocurrency exchange platform called etorox. This platform is designed for algorithmic traders and institutional grade investors. It offers traders access to tight-dealing spreads, and its algox application programming interface (API) can be used to create custom automated trading tools.


Best Crypto Brokers, top crypto brokers.


Commissions

Account minimum

2. Best for ease-of-use: gemini


Stay on top of market trends, build your crypto portfolio and execute your trading strategy with gemini’s easy-to-use tools. The gemini app is available on all the major app stores, and it puts the industry’s best crypto exchange and wallet in your hands.


Gemini’s app is easy to use. You can track asset prices and real-time market prices and set price alerts so you can act fast on price movements for individual assets. You can also schedule recurring buys on bitcoin and other cryptocurrencies.


Invest with peace of mind with gemini’s solid cybersecurity and custody solutions. Create a free account and make your 1st buy in as little as 3 minutes.


Best Crypto Brokers, top crypto brokers.


Commissions

Account minimum

3. Best for new investors: coinbase


Coinbase is 1 of the largest and oldest cryptocurrency exchanges. It currently services 35 million customers worldwide. Coinbase has extensive educational resources and an intuitive interface ideal for new traders and investors.


The exchange also provides clients with a hosted wallet and offers global customer support. Coinbase is an excellent choice for those new to the cryptocurrency market who do not wish to use social trading services.


Best Crypto Brokers, top crypto brokers.


Pricing

Account minimum

4. Best for gold investments: itrustcapital


Itrustcapital is 1 of the few cryptocurrency brokers that lets you trade and hold physical gold in your individual retirement account (IRA). You can also trade bitcoin (BTC), ethereum (ETH), litecoin (LTC) and bitcoin cash (BTH) in your IRA. Itrustcapital provides you with a personal wallet by curv for your crypto transactions.


While itrustcapital has no minimum trade or account size, the company charges account holders a flat fee of $29.95 per month. This amount includes all IRA fees, asset custody charges and access to its trading platform, although all cryptocurrency trades carry an additional 1% transaction charge based on the trade size.


If you’re planning for your retirement and want to add physical gold to your cryptocurrency portfolio as an inflation hedge, then itrustcapital is a solid choice.


Best Crypto Brokers, top crypto brokers.


5. Best for high volume forex traders: cryptorocket


Cryptorocket offers straight through processing (STP) to its trading clients. This means you deal directly with the crypto and forex markets and not through intermediaries or market makers. This broker model is ideal for high volume forex traders who tend to be sensitive to dealing spreads.


In addition to the 35 crypto pairs offered, you can trade 55 fiat currency pairs, 64 major stocks and 11 indices. If you are based in a jurisdiction with relatively lax retail forex trading regulatory oversight, you may even be able to take advantage of cryptorocket’s 500:1 maximum leverage ratio for forex trades.


Cryptorocket also supports the popular 3rd-party metatrader4 trading platform.



6. Best for accessibility: altrady


Altrady is built by crypto traders for crypto traders. It makes cryptocurrency trading accessible for beginner, intermediate and advanced traders.


You can get the tools that professional crypto traders use without the expensive price tag. Altrady’s platform is intuitive and easy-to-use. Its crypto trading software platform adapts to your needs.


It combines 10 connected exchanges. It also offers immediate price alerts, portfolio manager, break-even calculator, and customizable trading pages by allowing traders to manipulate widgets to create preferred layout in order to trade comfortably, limit ladder order, gain quick access to market tabs, and integrated market scanners.


Best Crypto Brokers, top crypto brokers.


Commissions

Account minimum

7. Best for multiple exchanges: voyager


Voyager connects to more than a dozen of the most trusted and secure crypto exchanges so you have access to the largest crypto trading market available anywhere. Voyager gives you faster, more reliable execution, plus:



  • Access to multiple exchanges: voyager partnered with over a dozen of the most trusted and secure crypto exchanges and liquidity providers. Voyager’s exchange connectivity offers you competitive prices on your trades and faster, more reliable execution.

  • Commission-free trading: voyager operates commission free to save you money. You save money on trades through its extensive crypto market and best execution technology. Voyager achieves price improvement on over 90% of customer orders.



Start trading at a better price today! Download the voyager app today.


Crypto advantages vs. Disadvantages


Trading and investing in cryptocurrencies often carry a considerable degree of risk, as you may have observed given the volatility of bitcoin and some other digital currencies. Despite the disadvantages currently associated with cryptos versus fiat currencies (like lower liquidity and minimal payment options), the advantages of holding cryptocurrencies will increase as they become a more common form of payment.


Here’s a quick shot of crypto advantages and disadvantages.


Advantages



  • Security. Technology advances typically lead to increased intrusion into your privacy. In contrast, all identities and transactions are strictly secured in the digital currency environment. While most cryptocurrency transactions are very secure, you still could be vulnerable to cybercriminal actions, like hacking.

  • Low transaction fees. Because of the elimination of intermediaries like financial institutions, cryptocurrency transaction fees are generally quite low.

  • Decentralized. The lack of a central exchange or authority overseeing cryptocurrencies is one of their defining characteristics. Many people consider this among the biggest advantages of cryptocurrencies and blockchain technology.

  • High potential returns. You only have to look at a long-term bitcoin price chart to get an idea of the returns you can make investing wisely in digital currencies. The crypto world is still developing and expanding, so investing in the right digital currency now could translate into considerable returns in the future.


Disadvantages



  • Acceptance. Because digital currencies have not yet become mainstream, most businesses will not accept them as payment for goods or services. This situation will eventually change as public perception makes digital currencies more acceptable as forms of payment. For example, paypal has recently allowed customers to hold bitcoin balances and has plans to allow payments using that cryptocurrency by early 2021.

  • Volatility. The market volatility observed in some digital currencies can lead to large gains or large losses. Trading and investing in crypto is not for everyone, especially those with a low pain threshold or aversion to risk.

  • Taxes. The internal revenue service (IRS) states on its official website that “virtual currency transactions are taxable by law just like transactions in any other property.” that IRS web page also links to a guide about how existing general tax principles apply to transactions made using digital currencies.

  • Illegal activities. Due to the fact that digital currency transactions generally provide identity security, many people operating outside the law are thought to use digital currency for illegal activities. These activities could include money laundering, “dark web” transactions, and drug and human trafficking.


Cryptocurrency vocabulary


Like many other financial markets, the cryptocurrency market has evolved its own jargon. Some of the key terms used by market operators are defined below.



  • Block. A collection of transactions permanently recorded on a digital ledger that occur regularly in every time period on a blockchain.

  • Blockchain. A constantly growing list of blocks in a peer-to-peer network that records transactions.

  • Cryptocurrency exchanges. Also called digital currency exchanges, these generally consist of online businesses that allow customers to exchange cryptocurrencies for fiat currencies or other cryptocurrencies.

  • Cryptocurrency wallet. A secure digital account used to send, receive and store digital currencies. Crypto wallets can either be cold wallets that are used for storing cryptos in an offline environment or hosted wallets that are hosted by 3rd parties. Hosted wallets store your private keys and provide security for your digital currency balances.

  • Distributed ledger. A network of decentralized nodes or computers that connect to a network where transaction data is stored. Distributed ledgers do not have to involve cryptocurrencies and can be either private or permissioned.

  • Fork. Also known as a “chain split,” a fork is a split that creates an alternate version of a blockchain that then leaves 2 blockchains running simultaneously. For example, bitcoin and bitcoin cash came about due to a fork in the original bitcoin blockchain. Another type of fork is known as a “project” or “software fork.” this occurs when cryptocurrency developers take the source code of an existing altcoin project and create a new project. For example, litecoin is a project fork of bitcoin.

  • ICO. An initial coin offering (ICO) occurs when a new digital currency or token is sold, typically at a discount, to its first set of investors. An ICO lets issuing cryptocurrency companies raise funds from the public to support their coin’s development and maintenance.

  • Mining. A computationally-intensive process performed within a cryptocurrency network where blocks are added to the blockchain by verifying transactions on its distributed ledger. Miners are rewarded with digital coins as compensation for their successful computational efforts.



Are you ready for the future?


Digital currency and the blockchain appear to be the future of finance. Despite their current typical volatility and lack of widespread acceptance as a payment method, cryptocurrencies seem destined to become increasingly used for online payments. They could therefore make an interesting long-term investment, especially if you have a strong appetite for risk.


Where we will be in 20 years is anyone’s guess, but cryptocurrencies and blockchain technology show growing promise as forces to be reckoned with in the financial world. Get started today with 1 of our recommended crypto brokers.


Try gemini


Gemini builds crypto products to help you buy, sell, and store your bitcoin and cryptocurrency. You can buy bitcoin and crypto instantly and access all the tools you need to understand the crypto market and start investing, all through one clear, attractive interface. Gemini crypto platform offers excellent account management options. You can manage your account at a glance, view your account balance 24-hour changes and percent changes. Get started with gemini now.



Top crypto brokers to look out for in 2021


Best Crypto Brokers, top crypto brokers.


Top crypto brokers to look out for in 2021


There are many crypto brokers to watch out for as we march into the new year. It is no longer news that the cryptocurrency market is evolving in a very rapid manner. We have seen the price of bitcoin hit an all-time high as we close the year 2020.


The recent occurrence in the crypto space is an indication that the coming year (2021) will be one of unprecedented innovation in the crypto industry. Therefore, as a newbie or a seasoned crypto holder, you will be coming across many crypto brokers or cryptocurrency exchanges.


The major challenge will be identifying the best among the many crypto brokers you are bound to interact with. This post will help you narrow it down to know which crypto exchange is best for you.


What makes an ideal crypto broker?


It is not any platform that can offer the services of a crypto exchange. Certain things set these crypto brokers apart from the rest of the market. We shall explore three of these reasons:


For you to consider any platform a crypto broker, the platform must have a greater liquidity pool. Any cryptocurrency that is bought or sold requires someone to buy from or sell to. The more people buy and sell, the more “liquid” the platform will be. Before a platform can be seen as a good crypto exchange, it must have a good number of sellers and buyers.


In other words, the exchange needs to populate its trading pairs order books with buyers and sellers. By doing this, the exchange provides a viable market for its users.



  • Reduced spread and slippage fees



One key feature of a suitable crypto broker is that it has reduced spread and slippage fees. Ideal cryptocurrency exchange with high liquidity in the order book will lead to low spread and slippage fees. A low liquidity crypto broker will result in the high spread and slippage fees that will eat deep into your funds.



  • Higher cryptocurrency pairs to trade



Every good crypto broker will have an increased crypto pair to trade. The ability of a cryptocurrency exchange to offer assets without liquidity losses is a great advantage. Users can use a single cryptocurrency broker trade, manage their crypto portfolio, and store assets in one location without the need to register with multiple exchanges to trade.


Leading crypto brokers to watch in 2021


This list follows no specific order but explores all the top crypto exchanges that you need to follow closely.


1. Etoro


Best Crypto Brokers, top crypto brokers.


Etoro is an israeli based social trading broker that was founded in 2007. Etoro serves its UK customers through a regulated unit by the financial conduct authority (FCA). It also serves its australian customers through a regulated unit by the australian securities and investment commission (ASIC). However, all other customers are served by the cypriot unit that is regulated by the cyprus securities and exchange commission (cysec).


Although etoro does not disclose its annual report on its site and does not also have a bank parent, it is considered safe. The major reason it is considered safe is that top-tier financial authorities regulate its UK and australian arms.


Etoro offers products like stock, exchange-traded fund (ETF), forex, contract for difference (CFD), and crypto. There is a charge for inactivity, and the withdrawal fee is $5.



  • Etoro offers seamless account opening.

  • There is social trading experience

  • A demo account is made available for new users to get used to the platform.

  • Users can make deposits with bank cards and electronic wallets.




  • There are high non-trading fees

  • It has only one account base currency

  • The customer support system needs improvement



Take nothing away from etoro; it is arguably one of the top crypto brokers to look out for in the coming year.


Stormgain


Best Crypto Brokers, top crypto brokers.


Stormgain is one of the exciting crypto brokers that you should watch out for in 2021. Users can leverage the volatile crypto market with well-known crypto pairs and use high leverage of up to 300x. Every contract is settled in the stablecoin tether (USDT). The stablecoin will appeal to traders to limit their portfolio exposure and limit the exchange rate risk peculiar to bitcoin and ethereum.


Stormgain supports the following crypto; bitcoin, bitcoin gold, cardano, dash, EOS, ethereum, ethereum classic, ripple, NEO, stellar, tether, tron, and a host of others. This crypto broker also risks management tools like stop loss, take profit, crypto forecasts by stormgain specialists, and indicators.



  • It has an excellent demo account

  • It has a multiplier of up to 300x

  • It has a web-trader, desktop, and mobile app to provide easy access to users.

  • The leverage is up to 300

  • Low trading and exchange fees.




  • There is no regulation



Coinbase


Best Crypto Brokers, top crypto brokers.


If you are a cryptocurrency enthusiast, you must have heard of coinbase crypto exchange. It is one of the biggest cryptocurrency brokers, available in more than 100 countries with over 30 million users worldwide.


This platform is duly registered and regulated in the united states. Although it started as a bitcoin brokerage service, additional services got incorporated along the line. Coinbase supports more than 20 different cryptocurrencies; examples include bitcoin, ethereum, ripple, litecoin, bitcoin cash, EOS, stellar lumen, ethereum classic, USD coin, zcash, etc.



  • It gives you access to about 30 different cryptocurrencies.

  • Low minimum to fund account.

  • Your cryptos are insured in the event the website is hacked.




  • You don’t have control of your coins on coinbase. In other words, coinbase stores your coins for you just like banks keep your cash.

  • It is only available in 42 states in the united states.



    Binance


    Best Crypto Brokers, top crypto brokers.


    Binance is one of the leading crypto brokers in the world, and this is the more reason you need to watch out for it. By trading volume, binance is the world’s largest online cryptocurrency exchange. There is a wide range of cryptos available on the binance crypto exchange. You can find the top 20 cryptos by market capitalization on binance and other smaller and less known cryptos.


    You have the bitcoin, ether, BNB, and tether trading pairs, and there are also crypto/fiat pairs on binance.



    • The platform is user friendly

    • Binance has one of the widest range of cryptos in the market and a comprehensive range of crypto pairing to trade.

    • High liquidity due to high trading volumes.

    • It supports the deposit and withdrawal of crypto and fiat money.

    • Binance has a comprehensive support center with 24/7 customer support.




    • Although the KYC will be positive for some traders, it is negative for traders that need to remain anonymous.

    • The demo account is only available for the binance futures platform.

    • Its more advanced trading platform is difficult for new traders.



      Crypto.Com


      Best Crypto Brokers, top crypto brokers.


      This is one of the top and well-known crypto brokers supporting the trading of more than 70 cryptos. It was founded in 2016 and is designed to provide crypto traders and investors with a wide range of crypto options. Crypto.Com supports all the leading cryptos by market capitalization. Examples include bitcoin, ether, ripple, stellar lumen, tether, USD coin, cardano, etc.


      It also supports the lesser-known cryptos like cosmos, enjin coin, ICON, tezos, and vechain. Users who already own cryptocurrencies that are supported by crypto.Com can transfer them to crypto.Com compatible wallets. Users can also deposit fiat through wire transfer or buy cryptos with a credit card using the crypo.Com app.



      • It is a user-friendly platform

      • The platform provides a wide range of cryptos and a comprehensive range of crypto pairings to trade.

      • It supports both deposits of fiat and cryptos

      • Permits the withdrawal of fiat through the crypto.Com app

      • Insurance protects the user base from physical damage and third-party theft.

      • You can earn a referral bonus through the exchange affiliate program.




      • The KYC is considered negative for traders that seeking anonymity

      • It is a relatively new player in the crypto market, and it has a shorter track record.



        Prime XBT


        Best Crypto Brokers, top crypto brokers.


        Another one of the great crypto brokers to look out for in 2021 is prime XBT. Prime XBT is both a cryptocurrency and forex broker that provides leveraged trading to traders across the world. Since it was founded in 2018 in seychelles, the platform has grown to serve customers in more than 150 countries.


        There is a range of visualization tools, execution methods, and trading histories. You can execute different order types on prime XBT, with the option to simultaneously place stop losses and take gains. The leverage rates at prime XBT are very competitive, especially when crypto pairs offer up to 1:1000. Prime XBT deals exclusively on cryptos when it comes to transactions.



        • The platform provides round the clock trading hours.

        • Easy signup and login process

        • You don’t have to provide your personal data.

        • The platform provides a high leverage rate.




        • It has limited deposit and withdrawal methods.

        • The platform provides only online customer support.

        • There is no automated trading.

        • New users do not have access to a demo account.



          Gemini


          Best Crypto Brokers, top crypto brokers.


          The last but not the least on our list of top crypto brokers to watch out for in 2021 is gemini. Gemini is built on transparency and user empowerment. It is exclusively a bitcoin and ether exchange platform. Currently, gemini is a new york trust company and has acquired the bitlicense. This means that gemini is certified as a crypto company operating under the supervision of the new york department of financial services (NYDFS).


          Gemini also has insurance for all user funds deposited on the exchange. In 2016, gemini became the world’s first licensed ether exchange. According to coinmarketcap, gemini is the 39th largest exchange in the world. This platform also provides crypto to fiat payments and BTC/ETHC market. Gemini accepts fiat currency (only USD).



          • It has strong security

          • The US dollar accounts are all ensured

          • It is user-friendly




          • There is a limited section of cryptocurrencies on the platform

          • It requires lots of personal information from users


          Conclusion


          These top crypto brokers to watch out for in 2021 are positioned to lead the crypto exchange market. The question is, which one of them will take it all as we head into the new year? Well, time will tell.



          WITH TOP CRYPTO BROKERS IT’S SAFETY ABOVE ALL


          We’ll provide you with reviews on the safest and most reliable crypto platforms. Our mission is to make it easier for those who want to take on investing, and set them on the right path.


          Our authorized partners will provide you with the most secure services you can find; at the very best quality. Feel free to get in touch with us if you need help deciding and we’ll be happy to help you with your inquiry!


          What is blockchain?


          19 industries the blockchain will disrupt


          A WORLD OF CRYPTO


          Digital currencies may take over the world and replace national currencies


          We all know that cryptocurrencies are more like commodities, rather than stocks. They have prices but they still differ materially from most trading instruments. Exchange may be the only similarity between the two of them. Because of the decentralized nature of digital currencies, it means that they cannot be stopped by governments or central banks, nor can they be easily manipulated. Researches and various studies have pointed out that the number of cryptocurrency users is rapidly growing, and could reach more than 6 million by 2019. But can they take the place of national currencies, and become leading global currencies in the financial markets?


          For example, bitcoin, the world’s first digital currency, has been widely adopted by the world’s largest technology companies, which are now using bitcoin for their transactions. But this isn’t only about big companies. A lot of new small and medium companies are beginning to accept cryptocurrencies, realizing that they truly represent the future. With constantly growing awareness about bitcoin, confidence in the cryptocurrencies markets is rapidly increasing. Although digital currencies are still not fully adopted on a global level, they are gradually evolving and causing the huge booms that we are witnessing.


          The more companies start accepting them, the more awareness they receive, and so their value skyrockets even further. More and more people are getting involved in this world every day, which is attracting the interest of many investors who want to diversify their portfolio and create new, stable income sources.



          Best crypto trading brokers 2021


          For prospective crypto investors and traders looking to access the market via crypto brokers, there are some key factors that must be considered within the selection process.


          Firstly, you will need to decide on which cryptos you wish to invest and which pairings your wish to trade.


          With the crypto market continuing to become more sophisticated, you will also need to decide on whether to investor or trade actual cryptos or crypto derivative products.


          Brokers provide investors and traders with access to cryptos as well as cfds and futures


          The list of brokers that meet your criteria will have narrowed upon the first set of considerations that you make.


          You will now need to decide on which broker offerings are of greater importance in terms of your selection criteria.


          Unlike the more mature asset classes, there are some material differences in fees and spreads, support, reputation, deposit and withdrawal options, and minimum deposit requirements.


          It is therefore important to prioritize what is most important in the selection criteria and carry out the necessary due diligence.


          The brokers below represent the best crypto trading brokers



          Cfds carry risk. 73% of traders lose


          Cfds carry risk. 73% of traders lose



          Your capital is at risk


          IRESS, MT4, MT5, webtrader


          Your capital is at risk



          Your capital is at risk.


          MT4, MT5, proprietary, webtrader


          Dealing desk, DMA, market maker


          Your capital is at risk.



          Your capital is at risk


          Market maker, no dealing desk


          Your capital is at risk


          Pro tip: most of these brokers offer free demo accounts so you can test the brokers and their platforms with virtual money. Give it a try with some play money before using your own cash.


          Here’s a list of the best crypto trading brokers


          Note: not all forex brokers accept US clients. For your convenience we specified


          Markets.Com



          Regulated by: ASIC, cysec, FCA, FSCA


          Headquarters : safecap is located at 148 strovolos avenue, 2048, strovolos, P.O.Box 28132, nicosia, cyprus.


          Cfds carry risk. 73% of traders lose


          Markets.Com was founded in 2008 and was rebranded in 2019 to marketsx, alongside the introduction of marketsi in 2020 to invest in real stocks and shares. The broker is part of the tradetech group which is a constituent of playtech PLC, a FTSE 250 company listed on the london stock exchange.


          The markets.Com group offers regulation from the cyprus securities and exchange commission (cysec), the british virgin islands financial services commission (FSC), the UK financial conduct authority (FCA), the australian securities and investments commission (ASIC) and the financial sector conduct authority of south africa (FSCA).


          With marketsx users can trade commission-free on more than 2,200+ CFD instruments covering shares, indices, bonds, blends, commodities, currencies, etfs and cryptos. Users can also invest in real stocks and shares via a marketsi account which comes with an innovative investment strategy builder tool.


          FP markets



          Regulated by: ASIC, cysec


          Headquarters : level 5, exchange house 10 bridge st sydney NSW 2000, australia


          Your capital is at risk


          FP markets was founded in 2005 and is regulated by the australian securities and investments commission (ASIC), offering segregation of client funds and top tier liquidity. FP markets is a group of companies that includes first prudential markets ltd which is authorised and regulated by the cyprus securities and exchange commission.


          The broker offers the ability to trade on more than 10,000+ financial instruments covering forex, equities (share CFD’s), metals, commodities, indices and cryptocurrency cfds. Users have access to a range of accounts including the standard account (commission-free) and raw account (commission-based) for metatrader users, both offering ECN pricing and maximum leverage of 500:1. Users can also access iress accounts which are commission-based.


          Bdswiss



          Headquarters : apostolou andrea street 11, hyper tower, limassol, cyprus


          Your capital is at risk.


          Bdswiss was founded in 2012 and offers trading accounts regulated under the mauritius financial services commission and the cyprus securities and exchange commission.


          Users can trade on more than 250+ financial CFD instruments covering forex, commodities, cryptocurrencies, indices and equities, on 3 account types called classic, VIP and raw on the metatrader 4 and metatrader 5 trading platforms and the broker’s own bdswiss web trader and bdswiss mobile app.


          Exness



          Regulated by: cysec, FCA, FSA(JP)


          Headquarters : siafi 1,PORTO BELLO building, flat 401,3042, limassol, cyprus


          Your capital is at risk


          The exness group was founded in 2008 and has licences from the UK financial conduct authority (FCA), the cyprus securities and exchange commission (cysec) and the financial services authority (FSA) of seychelles whose services this review is based upon. The group has more than 120,000 active traders and posts key performance indicators on its website.


          Exness offers users the ability to trade on a wide range of asset classes covering forex and cfds on crypto, metals, energies, stocks and indices across five core trading accounts. Professional accounts are called raw spread, pro and zero with account leverage of up to 1:2000 on MT4 and unlimited leverage on MT5, no trading commissions on the pro account and 3.5 USD commission per lot, per side for raw spread and zero accounts. Standard accounts are called standard and standard cent which are both commission-free. Demo accounts and islamic swap-free accounts are also available.



          How to choose a broker for crypto trading:



          Bitcoin

          Bitcoin remains the largest crypto by market cap and was the first crypto with a genesis of 2008 and launched in the wake of the global financial crisis.


          Referred to as a true cryptocurrency or digital currency, bitcoin is an alternative to fiat money.


          As a digital currency, bitcoin competes with other online payment platforms, offering lower transaction fees. More importantly, bitcoin is decentralized unlike government-issued fiat money.


          Ethereum

          With a genesis data of 2013, ethereum was launched in 2015. Ethereum was created to resolve the vulnerabilities of the internet. Unlike bitcoin, ethereum is not considered a digital currency.


          Ethereum is best known for its smart contracts, which are encoded contracts uploaded onto ethereum’s blockchain. This protects information, not only from hackers but also from theft or manipulation.


          Litecoin

          Litecoin was launched in 2011 and is considered digital currency. Coming a number of years after bitcoin, litecoin was created to address bitcoin’s shortfalls.


          As a result, transaction times on litecoin’s decentralized platform are faster, making it a more attractive alternative to fiat money.


          Litecoin was created to compete with other true cryptocurrencies, including bitcoin. As with bitcoin, litecoin also removes intermediary control that is enjoyed by banks, central banks, and governments.


          Ripple’s XRP

          Ripple was released in 2012, the ripple platform exists to support cross-border transactions. The ripple team delivered a decentralized platform that significantly reduces transaction costs, whilst materially increasing transaction speeds.


          Ripple’s XRP is used to transfer funds cross-border, via the ripple decentralized platform.


          It is important to note that ripple’s XRP is not in competition with fiat money. Ripple’s XRP is a link between fiat currencies during cross border transactions.


          Stellar’s lumen

          Launched in 2014, stellar’s lumen is a virtual currency. The team developed the platform and stellar’s lumen to support the cross-asset transfer of value.


          While this includes but is not limited to payments, stellar’s lumen is not an alternative to fiat money. Unlikely digital or true cryptocurrencies, stellar’s lumen is an intermediary currency.


          Stellar’s lumen essentially enables the stellar decentralized platform to move money around the world. Users are also able to conduct transactions between different currencies quickly and securely.


          Best crypto brokers by volume


          In selecting the most appropriate broker, liquidity and a wide customer base must be key considerations. Alongside liquidity and a wide customer base, the broker must also have a sound reputation and a solid track record.


          Therefore, some of the key considerations in identifying an appropriate crypto broker should include:



          • Deposit and withdrawal control: brokers with favorable deposit and withdrawal controls would suggest a more liquid broker. Key areas to consider include:

            • Guarantees the timely withdrawal of funds. Lengthy withdrawal times could highlight liquidity concerns.

            • Supports deposits and withdrawals with minimal to no fees and low minimums amounts.

            • Multiple funding and withdrawal options including crypto and fiat money.



          • International player: A global presence would not only deliver a wider client base but also ensure multi-time zone brokerage services. A wider client base delivers greater liquidity and speed of trade execution.

          • Regulatory landscape: depending upon your jurisdiction, choosing a broker established in a regulated jurisdiction is advisable. Tighter regulations ensure appropriate measures to protect investors and their assets.



          Once you have considered the most appropriate brokers for preferred cryptos and pairs, you can then consider other key attributes of a broker.


          Broker selection criteria


          There are a number of key broker characteristics that should form part of the selection criteria. These must include:



          • Execution speed: we would recommend avoiding brokers that do not ensure the fast execution of orders. The crypto market is a particularly volatile one. Slow execution of orders could result in sizeable losses.

          • Fees and spreads: fees and spreads are also key considerations. Punitive spreads and deposit and withdrawal fees will impact earnings or exasperate losses. At a minimum, brokers should offer:

            • A combination of low withdrawal and deposit fees.

            • Low CFD commission fees.

            • Minimal transaction fees.





          • Inactivity fees: brokers may charge fees for inactivity. Be aware of this.

          • Funding options: brokers should offer a broad range of funding options. These should include payment via bank transfers, credit cards, and paypal.

          • Minimum deposit: brokers who have low minimum deposits would likely have a wider customer base. This would, in turn, deliver greater liquidity and faster execution order times.

          • Reputation: it is advisable to select a broker with a good reputation and a long track record relative to its peers. Generally, we would recommend that you choose brokers with track records of 3-years or greater.

          • Security: you should research the brokers and select a broker that has a high emphasis on security. Ideally, the broker should also have no history of being hacked. Some important security measures include:

            • 2-factor authentication.

            • Email verification for withdrawals.

            • Pin verification for withdrawals and changes to passwords, etc.



          • Support: 24-7 customer support is essential. Brokers should provide support via:

            • Live chat.

            • Phone.

            • Email.





          Other factors for consideration


          Indicators: while the majority of brokers will provide technical and fundamental analysis, the offer of advanced charts with an array of indicators to support technical analysis is important. For more advanced traders, this will likely form part of the decision making process.


          Platform: at a minimum, platforms on offer must include demo accounts, MT4, web trader. These should also be mobile and tablet compatible. The crypto market is a 24-hour, 7-days per week trading market. You should, therefore, avoid brokers that don’t support 24-7 trading.


          Risk management: in order to manage risk, the broker should offer guaranteed stop loss and take profit. There are a number of brokers that do not offer this.


          Simplicity: platforms should be simple to navigate, particularly for the more novice investor. Signing up with a more technical broker will have its pitfalls. Ensure that you trial demo accounts before making any commitments.


          Trader resource offerings: brokers should provide their client base with:



          • Free technical and fundamental analysis.

          • Tutorials and other detailed training material.



          Ultimately, it is important to identify a priority list of “must-haves” from the above and carry out due diligence before making any commitment.


          Crypto product selection


          One final consideration is whether to trade actual cryptos or crypto derivative contracts. Derivative contracts would include cfds and futures.


          Each has its own advantages and disadvantages. For those looking for enhanced earnings, brokers tend to offer leverage when trading derivatives. In the volatile world of crypto, the added advantage of derivate products is that you can go both long and short.


          For those looking to trade crypto through cfds and other derivative products, the following offer derivatives trading:


          It is worth noting that some brokers do not permit U.S clients to trade. Due to regulatory requirements, there may be other restrictions depending upon your jurisdiction.


          Upon selection of your broker, do ensure that you set up cold wallets. This allows you to safely store any idle cryptos that you purchase. Brokers may offer custodial services. This does come at your own risk, however, should the broker provide no guarantees. If trading via derivatives contracts, you would not require crypto wallet storage.



          Top 10 forex brokers offering cryptocurrencies 2021


          Top rated:






          Best Crypto Brokers, top crypto brokers.


          Finding a legitimate forex broker offering cryptocurrency can be like navigating a minefield.


          There are many inexperienced forex brokers that trade crypto as well as plenty of scammers who just want to take your money. On top of that, when you finally find a legitimate broker, you may end up disappointed with their service, professionalism or just their lack of trading options.


          But it doesn’t have to be that way.


          There are a number of reputable forex brokers out there that are the real thing and know how to handle cryptocurrency.


          Table of contents

          Top 10 best cryptocurrency brokers 2021 (forex brokers offering crypto)


          Here are our top 10 best forex brokers for cryptocurrency trades.



          1. Etoro


          Etoro is a social trading platform that has been around since 2006 and has offices in london, limassol and tel aviv. In recent years they have gained a lot of attention by being able to provide a top-quality service as a broker for forex and cryptocurrency trades. Etoro currently offers traders 17 cryptocurrencies, which is a significant amount to choose from, and are managed by etoro’s expert investment committee. Etoro also boasts their ability to offer traders near-immediate execution of orders, a rare feature.


          Another attractive point, particularly for new traders is the ability to get into trading crypto for as little as $25 with the range of more than 80 crypto assets that are offered by etoro. As well as the 17 direct cryptos, you have 16 crypto/crypto assets, and 64 crypto/fiat assets to trade in. All of these can be conveniently and safely transferred and stored with the etorox crypto wallet service providing a one stop shop for all your trading needs.



          2. Avatrade


          Avatrade is based in the republic of ireland and has been operating online since 2006. Currently, they’re in a partnership with manchester city FC and have won numerous awards for their service since 2009. With avatrade, you can trade on over 250 instruments, including 24/7 cryptocurrency trading and vanilla options. Cryptocurrencies available for trade include bitcoin, ethereum, litecoin, ripple, and interestingly, EOS, which is rare to see. They are also regulated by a large number of different organizations around the world.


          Another appealing point of dealing with this well-respected broker is the fact you can trade through the trusted MT4 trading platform and get started with a low deposit starting at just $100. Another perfect point for new traders is the avaprotection feature that actually shields your account from losses for a short period. This is a very rare feature among brokers and perfect if you are just learning the ropes as a forex trader.



          3. Plus500


          Founded in 2008, plus500’s main focus is to be the no.1 CFD provider. Plus500 is currently the primary sponsor of atlético de madrid for the 2017-18 europa league and has one of the highest rated CFD trading apps on apple’s app store and google play. With plus500, you can trade nine different cryptocurrencies against the USD as well as trade ethereum against bitcoin. Plus500 is also listed for trading on the london stock exchange’s main market for listed companies.


          It is also ideal for those new traders starting out since plus500 applies a low $100 minimum deposit for getting started and also caters for a completely unlimited demo account to help you learn and grow with freedom. Added to a very user-friendly trading platform, their appeal is further boosted by a zero cost policy. This means that many of the most common actions you undertake on the platform will have no fees at all. A great way to reduce your trading cost with a top broker.



          4. Pepperstone


          Pepperstone is an australian company that has been operating since 2010. Since then, they have been very successful in launching mobile apps and winning numerous awards over the last few years from the investment trends FX awards, including one for educational materials. With pepperstone you can trade bitcoin, bitcoin cash, ethereum, litecoin, dash, and ripple. Additionally, they are also regarded as one of the world’s largest MT4 FX brokers who also incorporate a wide range of social trading features that further boost their appeal in the sector.


          Pepperstone features a common minimum deposit for industry leaders at a figure of $200. This represents good value when you consider their status in the industry as a top broker and also the fact that spreads here start from rock bottom at 0 pips. An active trader program is also in place to help you bring costs down even further and reward loyal traders for staying with this industry giant.



          5. XTB


          XTB has offices in more than 10 countries including belize, UK, poland, germany, spain, and france. For 2018, XTB has been voted the highest rated FX & CFD broker by the wealth & finance international awards and offers traders access to a wide range of markets. In their 12 years of service, they have accumulated a number of awards, including some from forbes and bloomberg. With XTB, you can trade bitcoin, dash, litecoin, ethereum, and ripple.


          All of these assets and more, a total of 1,500 in all, are available to trade with no minimum deposit required. This makes the broker a very attractive prospect for new traders breaking into the industry or experienced traders who may want to try crypto trading in one of the 25 available markets for the first time. This kind of flexible approach is something that has worked to keep XTB at the head of a very competitive industry for more than a decade.



          6. IG markets


          Operating since 1974, IG markets are primarily focused on spread betting and cfds. They offer traders six cryptocurrencies including bitcoin, which is quite a significant number for an established broker. They also have an active trading community, including a forum where traders share ideas, which is quite useful for beginners. You will have a vast range of markets available at IG to share ideas on. There are a total of more than 15,000 to choose from. This includes a selection of 8 of the most popular crypto assets and 90 forex pairs.


          The minimum deposit to get started with trading at IG markets is $300 but this slightly higher amount is well offset by the very competitive spread offered by the broker that starts at 0.6 pips. As well as offering the respected MT4 trading platform, the broker also provides access to their own proprietary trading platform that is very user-friendly and intuitive.



          7. Axitrader


          Founded in 2007 in sydney, they primarily have offices in the UK and australia. Axitrader is compatible across a number of devices and offers MT4 for both android and iphone. They also claim to have a 24-hour support team available in your time zone and in your language and a 30-day free demo. Currently, axitrader offers traders cfds on bitcoin with a max trade of 10 lots and a leverage of 2:1, and is a good place to start for people who want to experiment with it.


          New traders in particular may be enticed to trade cryptocurrency here since the broker has no minimum deposit amount required. This is a great attraction given that they provide for over 140 assets in total across a range of markets. Further appealing is that many of these markets are provided at very competitive rates with a spread that starts from 0 pips on forex markets.



          8. NAGA trader


          Naga markets is a very well-known and respected european broker who has crafted a positive reputation based on their good treatment of traders over their years in the industry. They are also in a very unique position as being one of the few regulated forex brokers in the world who offer their very own cryptocurrency, the naga coin (NGC). This extends a broad appeal to the wider market of crypto traders who can also deposit through cryptocurrency. There is also no minimum deposit so the broker is a very accessible proposition to many getting started in trading.


          As well as trading in its own crypto and secure storage for your balance through their own safe wallet, naga markets also offers 2:1 leveraged trading in many crypto assets including bitcoin, bitcoin cash, ripple, and more to traders based in the EU. If you are still not convinced or you simply wish to try it out, then a full unlimited demo account is also on offer to all.



          9. Swissquote


          Last but not least on our listing of top crypto brokers is swissquote. They offer not only brokerage, but also banking services, and provide for a total of 5 crypto assets when you are trading through one of their three available account types. A standard account here is very appealing to new traders since there is no minimum deposit.


          The premium and prime accounts here come with a respective minimum deposit of $1200, and $2000 with the trading conditions and spreads on the available assets becoming more competitive as your deposit increases. Swissquote also has a robo-advisor service that can automatically suggest trades based on your preferences and certainly appears to be a very popular broker choice among more experienced traders.


          What is a crypto asset?


          When you are considering trading cryptocurrency, you should be aware that there are actually several types of what are termed “crypto assets”. These can fall into three main categories as follows.



          • Cryptocurrencies: this means directly buying and trading a particular crypto at the prices offered, similar to as you would through a crypto exchange.

          • Cross-crypto: these assets are where you trade one asset in a pair with another, for example BTC/ETH. This is just as you would trade with forex currency pairs. These can also be known as crypto/crypto pairs.

          • Crypto-fiat: this is trading cryptocurrency in pairs with regular forex currency. This usually means crypto on USD, but depending on the broker, more fiat currencies (such as GBP, EUR, and more) may be available.

          • Cryptos-commodities. Trading cryptocurrency in pairs with a commodity (like BTC/XAU)



          Trading cryptocurrencies cfds


          Trading cryptocurrency cfds is just like trading cfds on other asset types. With cfds trading, you will not own the underlying asset, in this case, the cryptocurrency. This is typically one of the two options offered by most forex brokers dealing in crypto. You will likely have the chance to trade them as “real” too. This would mean you own the asset. If you are trading with leverage though, you typically have to trade cryptocurrency as a CFD.


          How to deposit cryptos


          The first point to note here is that depositing in cryptocurrency to trade cryptocurrencies with a forex broker is not mandatory. You can also trade crypto from your standard account balance in fiat currency like USD, EUR, GBP, or others.


          Some brokers do offer crypto deposits though. In that case, these will typically be quite cheap with few fees charged due to the decentralized nature of cryptocurrency and the ability to minimize fees. It will take a little longer though. Bitcoin and others can sometimes take up to 6 hours and this can vary, not really depending on the broker, but the blockchain.


          The one thing you have to be very precise about when depositing crypto with your forex broker is to use the correct wallet address. This can be obtained as part of the account opening process, and if you need to verify policy or information, you should definitely double check with the broker customer support first, as any crypto sent to the wrong wallet address can be very difficult to retrieve.



          Top cryptocurrency brokers for 2021


          We found 11 online brokers that are appropriate for trading cryptocurrency.


          Best cryptocurrency brokers guide


          Best Crypto Brokers, top crypto brokers.


          Are you interested in investing in cryptocurrency?


          If the answer to this is a yes, then you will need to find the right cryptocurrencies brokers whocan accommodate you with the best facilities to trade on the cryptocurrency markets.


          Before proceeding, lets cover the real definition of cryptocurrency.


          Defining cryptocurrencies


          In short, cryptocurrencies are digital or virtual currencies.


          These currencies are reliant on cryptography to ensure the security and verification of each digital transaction.


          Cryptography can control the number of units and prevent the change of code of the cryptocurrency unless some conditions are met.


          The important characteristics of the cryptocurrencies


          For some people, cryptocurrencies are the savior of the economy. This is because these can give the perks that not all banks or other financial institutions can provide.


          Here are the unique characteristics of the cryptocurrencies which you cannot find in the conventional means of transactions.


          No third party involved


          There will not be third parties like financial institutions, governments, or any other third party organizations which govern the transactions between you and your recipients, and vice versa.


          There is no third party that will intervene in your transaction. And it is a win-win solution with the P2P or peer to peer network. You can send cryptocurrencies through the P2P network and the other users will also be able to do the same for you.


          Cryptocurrencies have more transparency


          The problem with the conventional transactions is that one can ask for a refund and this will procure such unfortunate things to only one party.


          As an example if your buyer has sent you a payment and you have delivered the goods but before the goods reach their destination, your buyer reverses the transaction your result could be that you will not receive the money you are owed and your buyer may have lead you.


          You can avoid this issue with the cryptocurrencies transactions as these transactions are irreversible.


          Not a single party can alter your transactions and this is why it can offer you more transparent transactions than the conventional fiat currencies.


          Decentralized


          There is no centralized place to transact at all so you can eliminate the high rates of fees when transferring money.


          The cryptocurrency is maintained through the ledger technology called the blockchain. The blockchain prevents all other entities from tarnishing the data. Not a single person can alter the system so that your transactions will be safe and sound. We will discuss blockchain next.


          Blockchain definition


          Blockchain is bitcoin technology comes in the list of recorded data blocks, which are gathered by cryptography.


          The recorded data in the blockchain is referred to as ledger. When there is a new data exchange, usually a transaction, a new block is added to the ledger or the blockchain.


          In summary, the blockchain or ledger contains important information.


          Cryptocurrency brokers


          The era of virtual coin is upon us and is paving a golden path for traders. When trading cryptocurrency it is important to trade through reputable cryptocurrency brokers.


          We list some notable cryptocurrency brokers below:


          Etoro - being one of the top-rated cryptocurrency brokers it offers several currencies including ethereum, ripple, bitcoin and dash.


          XTB - XTB too has a good name among traders and offers a wide range of such virtual currencies including litcoin, ethereum and bitcoin. It is placed as one of the top 5 cryptocurrency brokers in the industry.


          Plus500 - it offers crypto throughout the day and night with good leverage for the most popular currencies like litecoin, ripple, neo, ethereum and bitcoin.


          What is cryptocurrency?


          Cryptocurrency is a virtual coin and is traded on cryptocurrency exchanges through cryptocurrency brokers.


          Lately, cryptocurrency has continued to gain popularity. This has opened up lots of new trading tools and ways to trade including contracts for difference (CFD). They earn from the difference between the cost of an asset at the present time and what value it could become in the future.


          Cryptocurrency wallets


          Similar to other wallets this too facilitates storing, sending and receiving the currency. We explain the three types of cryptocurrency wallet below:


          The hardware wallet


          The hardware wallet is the most secure crypto wallet as all the data is stored offline. A few of the good examples are trezor, keepkey and ledger nano S.


          The paper wallet


          A paper cryptocurrency wallet is popular and it is secure. However, it is not as convenient as the hardware wallet.


          The software wallet


          The software wallet is the most conveniant among the three and can be managed from a desktop or mobile phone device. Some of the cryptocurrency wallets of note are exodus, jaxx and electrum.


          Cryptocurrency exchanges


          A cryptocurrency exchange is a place where buyers and sellers meet for the purpose of buying, selling or trading the virtual coins with the help of couple of cryptocurrency brokers.


          Binance exchange is the most famous cryptocurrency exchange in the world and it offers crypto to crypto trading.


          Combase is popular too and it offers trading on 100s and 1,000s of virtual currencies like litecoin, ethereum classic and bitcoin.


          Localbitcoins, on the other hand, offers over-the- counter trading of virtual coins. Traders can post a currency for sale on its websites mentioning the rate and payment methods.


          ICO and token


          Abbreviated for initial coin offering the ICO is a kind of fundraising for a start-up. It is done by selling underlying tokens against ethereum or bitcoin.


          ICO is similar to IPO in which traders buy company shares. Investors take an entry at early stage of the project and so are capable of making a profit with the success of the company.


          However, one basic difference between the two is that any person from any place in the world can take part in the ICO.


          Token meanwhile is a kind of cryptocurrency too but represents a specific asset. It is sometimes used as loyalty points that can be redeemed against discounts. It can also represent something uncommon like one token is 5 bitcoins.


          The cryptocurrency mining


          Just a little different with the fiat currencies, the cryptocurrencies are usually mined by miners. So, there is a phrase to describe the activity as the cryptocurrency mining.


          To define it, it is a process in which the miners use powerful resources, in this case computers and adequate hardware to solve mathematical problems. These complicated problems need to be solved in order to attain the rewards.


          To make it more challenging, these mathematical problems have cryptographic hash functions which are linked to the block which contains the information of the transaction.


          These mathematical problems are tempted to solve with multiple miners.


          So, when figuring out solutions for the problems, miners are competing with other cryptocurrency miners. It is about winning and losing. The winners will get small amounts of cryptocurrency.


          The reward comes from the transaction fees the users pay. At least that is how major cryptocurrencies conduct and the other factor which also gives the rewards to the miner is the release of new cryptocurrency.


          Cryptocurrency wallet


          The cryptocurrency wallet is a digital wallet which the users use to deposit, store, hold, send, and receive digital currency or cryptocurrency.


          Do not mistake it with concepts like paypal, payza, or various other digital currency systems. The crypto wallets do not serve as the storage of the cryptocurrency. The wallets only store the information in the form of public and private keys.


          Meanwhile, the crypto itself is inside the blockchain. The users do not necessarily store their cryptocurrencies in their wallet. In summary, the cryptocurrencies wallet stores the important information which you can use to access your crypto assets.


          Cryptocurrency exchange


          When you have the cryptocurrencies assets, you may want to sell it to other users or, you could want to trade the cryptocurrencies. Here is where you will need to use a cryptocurrency exchange.


          The cryptocurrency exchange is a platform which allows the users to buy, sell, or trade the cryptocurrencies.


          Some exchanges only provide crypto-to-crypto trades, but some also allow the crossover currencies so that you can trade from crypto to fiat or fiat to crypto.


          There are many cryptocurrencies exchanges that you can find on the internet. Some of them offer the trades for common cryptos such as BTC, ETH, BNB, USDT, and so on. But some also offer more wider array of currencies exchange.


          Cryptocurrency brokers verdict


          In current times, it is not exaggerating to say that cryptocurrency is the most volatile asset class that you can find.


          It is due to the fact that it comes with the high speculative market not to mention that it currently disrupts the conventional economy so that many established players don�t see it to have inherent value.


          Therefore, it is still safe to use the cryptocurrencies but in addition to fiat currencies.


          We've collected thousands of datapoints and written a guide to help you find the best cryptocurrency brokers for you. We hope this guide helps you find a reputable broker that matches what you need. We list the what we think are the best cryptocurrency brokers below. You can go straight to the broker list here.


          Reputable cryptocurrency brokers checklist


          There are a number of important factors to consider when picking an online cryptocurrency trading brokerage.



          • Check your cryptocurrency broker has a history of at least 2 years.

          • Check your cryptocurrency broker has a reasonable sized customer support of at least 15.

          • Does the cryptocurrency broker fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.

          • Check your cryptocurrency broker has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.

          • Does your cryptocurrency broker have an international presence in multiple countries. This includes local seminar presentations and training.

          • Make sure your cryptocurrency can hire people from various locations in the world who can better communicate in your local language.



          Our team have listed brokers that match your criteria for you below. All brokerage data has been summarised into a comparison table. Scroll down.


          Our brokerage comparison table below allows you to compare the below features for brokers offering cryptocurrency brokers.


          We compare these features to make it easier for you to make a more informed choice.



          • Minimum deposit to open an account.

          • Available funding methods for the below cryptocurrency brokers.

          • What you are able to trade with each brokerage.

          • Trading platforms offered by these brokers.

          • Spread type (if applicable) for each brokerage.

          • Customer support levels offered.

          • We show if each brokerage offers micro, standard, VIP and islamic accounts.



          Top 15 cryptocurrency brokers of 2021 compared


          Here are the top cryptocurrency brokers.


          Compare cryptocurrency brokers min deposits, regulation, headquarters, benefits, funding methods and fees side by side.


          All brokers below are cryptocurrency brokers. Learn more about what they offer below.


          You can scroll left and right on the comparison table below to see more cryptocurrency brokers that accept cryptocurrency clients





          so, let's see, what we have: traders must evaluate the pros & cons of trading before deciding to add cryptocurrencies to their portfolio, though adding crypto can boost the earning potential. At top crypto brokers

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