As the name suggests in this post I am going to share complete details about Cryptocurrency or you can even say about Cryptocurrency trading. You are going to learn about Cryptocurrency trading and how you can become a successful trader in Cryptocurrency trading. You can also earn huge profit in trading market using Cryptocurrency.
Cryptocurrencies are all the rage these days, and many are curious about jumping on the bandwagon. If you are an investor looking to get into the market but not sure how to start, this comprehensive guide to the best cryptocurrency broker options might be exactly what you need. We cover the pros and cons of each and give you a quick rundown on each platform. Read on to find out what you need to know to make the best decision.
It is estimated that there are more than 2,000 cryptocurrencies available on the web today. While many people may have heard of Bitcoin, there are several other names that are becoming increasingly prominent in the financial market. For example, Ethereum is a cryptocurrency that attracts more than one third of the total network value of its peers.
We have compiled a list of the best cryptocurrency broker options you can use to buy and sell these digital currencies.
Robinhood
Robinhood is a zero commission stock trading app that lets you buy and sell stocks, ETF’s, options and cryptos all commission free. It Financial LLC is a member of the Securities Investor Protection Corporation (SIPC), which protects securities customers of its members up to $500,000 (including $250,000 for claims for cash). Crypto is not currently available in Alaska, Hawaii, or Wyoming. You can sell stocks for free. You’ll pay $10 to buy or sell an ETF. Cryptos cost $1 to buy. Stock trading is simple. The app is designed for first-time traders and lets you buy and sell U.S. listed stocks and ETFs with zero commission. You can buy and sell your favourite companies like Apple, Ford and Facebook with only one tap.
eToro
After hearing the word cryptocurrency, what first comes in your mind is Bitcoin. But that’s not the only cryptocurrency existing. There are many cryptocurrencies available for trading in the market. Cryptocurrency is a type of digital currency, using cryptography to secure and verify transactions. The first cryptocurrency to be created was Bitcoin back in 2009. In 2017, there are more than 1000 different types of cryptocurrency. It is not a physical currency so you can’t hold it in your hand. You can’t touch it. You can’t feel it. It is a digital currency. It is stored in your digital wallets.
eToro is one of the biggest cryptocurrency brokers, and it’s here to stay. This Israeli-based broker offers a wide range of cryptocurrencies for investors to choose from. There are more than 80 that you can invest in, including the top 20 by market cap. You can deposit funds from your credit/debit card, PayPal, and more. eToro also has a mobile app for investors who like to trade on the go.
EasyMarkets
easyMarkets is a Swiss based 100% digital asset broker, which means there are no physical offices to visit. It was founded in 2012 and offers both forex and CFDs. The broker supports more than 30 cryptocurrencies, including Bitcoin, Litecoin, Ethereum, Ripple, Dash, and Bitcoin Cash. As the name suggests, the platform is very user friendly, even those with no prior trading experience. The broker provides tight spreads, low fees, and reliable execution. easyMarkets is regulated by the Financial Conduct Authority (FCA) and is a member of the Financial Services Compensation Scheme (FSCS) and the Investor Compensation Fund (ICF).
No matter if you are new to cryptocurrency trading or have been doing it for a while, choosing the right trading platform is crucial. You are required to select a platform that offers all the functions and features you need. The most important thing is to find a platform that can meet all your needs at a reasonable price. If you need help deciding which platform is best for you, check out our reviews of the top cryptocurrency brokers.
Pionex
Pionex is a cryptocurrency trading site that has been in operation since 2013. They are registered in Switzerland and operate in many regions of the world, including the U.S.A. Their main focus is on the trading of cryptocurrencies, but they also do forex, futures, options, and other financial products as well. They offer a number of different types of trading to their customers, including both manual and automated trading. They are a fully automated cryptocurrency broker that does not have any of the typical human traders that most sites have. This is a very unique feature that sets Pionex apart from the other sites in their industry.
Pionex is a new and innovative cryptocurrency exchange that offers its clients a high level of transparency, which is highly uncommon for cryptocurrency exchanges. Pionex offers its users a multitude of cryptocurrency trading options, including a large number of altcoins, many of which are not available on other cryptocurrency exchanges. It is also important to mention that Pionex has a very wide range of payment options that include PayPal, credit card, and many other ways to fund your account.
Interactive Brokers
Interactive Brokers Group has been in the business for a long time and has more than just a few things going for it. It is one of the few places where advanced traders can find fast and reliable access to the foreign exchange markets and the stock market from a single place, and where retail investors can find a reliable and inexpensive place to get started in the foreign exchange and stock market trading. But what about cryptocurrencies? Well, of course, Interactive Brokers does deals with those, too, and that is the subject of this article.