Are you new to the world of crypto trading? Or maybe want to see the best Bitcoin broker? Before you select a trading company view the below Bitcoin Brokers
For those of you who don’t know, Bitcoins are digital coins that can be sent through the internet. As the first decentralized currency, Bitcoin is available in 21 million units (a finite number) and according to research, is predicted to last until the year 2140.
The value of Bitcoin is constantly up and down, which makes it profitable to invest in and earn money over time. Thanks to technical analysis, reviews and following of the latest news, you can pick a Bitcoin broker and buy Bitcoin from an exchange - in exchange for your dollars, Euros or any other currencies.
Bitcoin has made a name for itself as a desirable asset to trade. It reached a value upwards of $20,000 in January 2018 which was the all-time high of the most dominant cryptocurrency. Trading Bitcoin (BTC), however, is something that comes with a lot of specific issues. Below, we are describing them briefly - welcoming you to the world of Bitcoin brokers and BTC trading.
In simple words, Bitcoin is a distributed peer-to-peer digital currency which can be transferred instantly and securely between any two parties, regardless of their whereabouts.
Bitcoin (BTC) also uses public-key cryptography as well as a proof-of-work (PoW) algorithm which lets it process and verifies payments. However, Bitcoin is not the only existing cryptocurrency - other cryptocurrencies include Ethereum, Litecoin, Monero, Zcash and so forth - all known as altcoins.
Even though trading Bitcoin comes with many ups and downs mostly because of its high volatility, according to many investors, the risk is worth taking. Online trading has become incredibly accessible and it is worth pointing its benefits and drawbacks.
A Bitcoin broker is essentially an online place where you can trade Bitcoin. The great thing about it is the fact that you can diversify your portfolio, make most of the popularity and enter in Bitcoin trading during a period where many institutions and big traders are going in.
Nowadays, every exchange has different rules and features. If you are into trading cryptocurrencies, you should definitely check out the best Bitcoin broker reviews and cryptocurrency exchange guides.
On this page, we are reviewing all the popular Bitcoin brokers and listing everything about them - from the payment methods that they accept to the fees, privacy, limits liquidity, speed of transactions, reputation, customer support and many other features.
You can do that by visiting any of the Bitcoin broker sites listed below. In short, you can buy and sell Bitcoin with debit or credit cards as well as payment processors (PayPal, Skrill etc.). Choosing the best Bitcoin broker is a tough decision but mainly boils down to the location, trading fees, order book volume, transparency, deposit and withdrawal limits, security and customer support.
Once you see our Bitcoin broker reviews and comments on every specific broker, you will know which one to choose as your most trusted Bitcoin broker.
Jubiter is an Estonian-based crypto exchange and the country is the only one in the Baltic that has its own cryptocurrency exchange. The website of the platform contains a wide explanation of the features of the platform which is great for the beginners and the newcomers.
Kraken is a crypto exchange based in San Francisco, California which claims to be the largest Bitcoin exchange in terms of volume and liquidity. The company was founded in 2011 by Jesse Powell and is now known for its low transaction fees, a wide range of features and high level of security.
City Index was founded in 1983 as a Global CFD and FX broker. It is regulated by the top-tier regulators such as the UK FCA and the Australian ASIC. The broker is considered to be very safe because it has a long track record and its parent company is listed on the stock exchange and regulated as well.
Capital broker offers CFD trading on multiple asset classes including currencies, indices, and commodities on its proprietary web platform. There are several accounts to choose from with variable spreads with a leverage of 1:30 or 1:200 for pro traders and the option to trade micro-lots as well.
What is also strange about this broker is that there are no information about the costs of the services. The broker doesn’t have any information about trading costs and which traders will incur when there is a trade being executed on the trading platform. There is a very small 2 pip spread on the benchmark currency which is the starting point for the spreads and that is the only information available.
Bitsgap is a platform that allows traders to trade on multiple crypto exchanges by only one interface. This is a very interesting idea in theory but in practice, it was shown that is doesn’t work as good. The idea is to allow one to access all accounts via API Keys which is a good idea which can grant the ability to make arbitrate trades. Users didn’t found it so useful.
Coinigy became a very popular crypto trading platform which was founded by two IT professionals Robert Borden and William Kehl in Milwaukee, Wisconsin in 2014. They believed that the crypto trading platform than are not quality automated and had very poor chart features and heavy interfaces