A vast majority of people have heard of cryptocurrencies. Some of them are pretty familiar with them, while there are those who would like to know more, but find this whole cryptocurrency world to be a bit daunting.
On the other hand, there are those who want to start trading right off the bat, which is okay as well, however, in that case, you should learn more about the latest cryptocurrency trading platforms because out there you will get the chance to purchase and sell assets like Ethereum, bitcoin, dogecoin, etc.
But don’t worry. When it comes to these platforms, we’ve got everything covered, which is why we’ve decided to put together a list of the best bitcoin trading platforms to help you choose the best one.
The Best Crypto Exchanges
Kraken is a cryptocurrency exchange where people can obtain and sell assets, for example, Ethereum and Bitcoin. We will briefly discuss this platform, however, if you want to have more in-depth information, then you can read this full Kraken review. What we do know is that this platform is one of the oldest Bitcoin exchanges where you can acquire, trade, and sell over 120 different coins with competitive exchange fees.
Additionally, Kraken is known for supporting both cryptocurrency futures and spot trading at current market rates. Furthermore, it is a great option for anyone who is relatively new to this cryptocurrency world, but also for seasoned investors who are searching for low trading fees and also access to a vast array of coins.
This is a domestic exchange that is owned by powerful Binance. It offers industry-low fees, as well as a vast range of cryptocurrencies. For an average crypto fan, this platform offers a form-based platform that was made for transactions that are under $10,000 that allows you to freely acquire, convert and sell its tradable cryptocurrencies.
On the other hand, more experienced traders can make use of various trading order types, like limit and stop-limit, along with two omnipotent trading dashboards that are loaded with crucial data, such as spot price, lows, and trading volume.
Furthermore, this platform offers more than 50 coins, which can satisfy a lot of crypto investors, however, those who are extremely passionate about it should bear in mind, that they will miss more than three hundred cryptos that this version doesn’t have.
Moreover, it’s worth mentioning that not every single resident from the USA can access this platform for the time being. Those who live in Hawaii, Connecticut, Idaho, New York, Louisiana, Vermont, and Texas cannot have Binance.US accounts.
More Outstanding Bitcoin Trading Platforms Coming Your Way!
It was established ten years ago, with a goal to enable people to effortlessly buy, store and sell Bitcoin. In the meantime, Coinbase has become one of the most popular trading platforms in the world, with a market value of more than $36 billion.
Furthermore, it has become one of the best options for less experienced crypto buyers. Namely, Coinbase reminds many traders of an online banking app, which a majority of people are already utilizing, which makes this whole crypto investing very straightforward.
Another great thing about this platform is the fact that it provides several options for storing crypto. The first one is a custodial alternative for less experienced investors, where they can store their coins on the Coinbase.com exchange.
The other option is a noncustodial wallet for more seasoned crypto traders. Those who decide to store their crypto on Coinbase.com should keep in mind, that this platform holds the private keys and efficiently stores funds on your behalf.
This is a global crypto exchange that serves both institutional and individual traders in over 150 countries. What’s amazing about this platform is the fact that it doesn’t charge any trading fees. Besides that, what separates Abra from many other trading platforms is the fact that it offers an extensive selection of crypto features and products.
This includes trading for over one hundred cryptocurrencies, interest accounts that allow you to earn around 12.5 % on crypto-backed loans, eligible assets, OTC trading (over-the-counter), as well as, numerous educational guides for people who are just getting themselves familiar with these trading platforms.
Furthermore, its over-the-counter services also provide institutional clients with access to loans, interest-earning accounts, and one-on-one account support. Another thing that traders love about Abra is the fact that it pays them 0.5% cashback on every single trade.
In this article, we’ve managed to only scratch the surface with the trading platforms we’ve mentioned. The ones we’ve talked about are currently the most popular, which is why you should definitely check them out if you’re hyped about this whole bitcoin world.
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