Huobi is one of the best Bitcoin trading platforms globally. Established in , the platform has built a positive reputation and an excellent business model over the years. One only needs to look at its numbers to understand just how big the exchange actually is. With so many individuals depending on the Bitcoin trading bots, more and more developers are coming up with fraudulent software to cheat naïve Bitcoin investors of their hard earned money. With the choosing factors above and the reviews of the best and most trusted Bitcoin trading bots below, you will be well equipped to choose the best crypto. Dec 06, · We'll outline some of the best options for each type of buyer and trader. Best for Buying. If your only goal is to buy Bitcoin, Ethereum or another coin, the following exchanges have smooth and easy buying processes: eToro; Coinbase; Best for Trading. If you plan on trading in and out of different coins, the following exchanges support many.
Best bitcoin trading platform10 Best Bitcoin Trading Platform
ByBit offer an easy to use platform with a straight forward sign up process and a great mobile trading app. Kraken was initially founded as a Bitcoin spot exchange in mid by well known crypto advocate Jesse Powell. Since then, it has grown to become one of the best Bitcoin exchanges in the world. All of the funds on users accounts are held in separated cold-storage wallets which is backed by crypto security company Elliptic.
You can get access to great liquidity, a variety of markets and low fees in a matter of 40 seconds. Phemex was founded in by experienced and well known Wall Street traders and investors. They offer spot trading as well as Bitcoin futures and other crypto futures with up to x leverage. OKEx is leading Bitcoin and cryptocurrency exchange that offers hundreds of token and futures trading pairs to enable traders to get access to a variety of tools to optimise their cryptocurrency portfolio or trading strategies.
BitForex are a well renown exchange the offer Bitcoin spot trading as well as Bitcoin futures trading and other cryptocurrency futures contracts. Notably, BitForex's platform offer insurance coverage over assets on the platform which is a big point of difference when compared to other exchanges. They also offer over trading pairs and support over countries. Deribit was primarily built for institutional and sophisticated investors, so it has a relatively high barrier to entry.
They offer x leverage on their crypto futures platform, however only have Bitcoin and Ethereum pairs. Deribit has the largest open interest out of all exchanges for its crypto trading options. CoinFlex are one of the first physically settled Bitcoin and crypto futures trading platforms in the space. CoinTiger is a centralized Bitcoin futures trading exchange based in Singapore. They offer a user friendly interface for new entrants into crypto futures trading and a wide variety of altcoin pairs against USDT.
Launched toward the end of , Liquid Exchange offers a crypto futures trading platformed that is tailored for both new and expert users. Their exchange also has an easy to use mobile application that makes trading easy and accessible at any time. Bibox is a crypto futures trading exchange based in China that offer over different cryptocurrencies through their spot exchange and futures trading platform. However, they are definitely not the cheapest with fees starting at 0.
If the price of Bitcoin falls while the investor has taken a short position on Bitcoin Futures, it will mitigate their loss by providing some additional revenue. Interest in Bitcoin Futures trading across major exchanges like the Chicago Mercantile Exchange CME , Bakkt and other platforms like Deribit and Bybit has been hitting all-time highs as institutional investors rush to gain exposure to Bitcoin.
It comes as no surprise that prominent American hedge funds are becoming increasingly interested in Bitcoin Futures given the growth of the asset in the past few years. This is perpetuated even further due to the macroeconomic backdrop in which Federal Banks are printing record stimulus in a futile attempt to stimulate the economy.
Extension fees: Fees can apply if you extend a Bitcoin Futures contract beyond its close date. Interest payments: When you are margin trading Bitcoin, you are borrowing money to use leverage on your trades.
There is generally an interest payment attached to borrowing that money Overnight fees: Fees can apply for certain Bitcoin Futures contracts when you keep a contract open through a certain time period. The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually.
Just double-click and easily create content. A rich text element can be used with static or dynamic content. It maintains more than cryptocurrencies, and a free account is required to starts transacting. The convenient platform is uncomplicated to utilize, and you can transfer your money quickly to the receiver.
Visit Shapeshift. Bitstamp is operating as one of the leaders in the industry of cryptocurrency. They are already enough matured to provide better service and ensure protection. Besides, the ability to cash out directly to your bank account and no withdrawal limit have helped it possess its position for a long time. Visit Bitstamp. As a major crypto trading platform, Coinmama is operating in the industry since It focuses on the ever-changing development process to render the best service for the traders.
You can buy Bitcoin, Ethereum, Ripple, and other demanded cryptocurrencies, and there is no need to deposit. You can instantly start trading once your account is verified. Visit Coinmama. This is one of the most flexible cryptocurrency trading sites. It uses an open-source and peer-to-peer network for exchanging your national currencies with the crypto. As no account is required, you can access it anytime and start trading. If you are not sure in disclosing your identity, then you can try this platform.
Visit Bitsquare. LocalBitcoins is an excellent platform if you want to buy or sell bitcoin at a specific rate completely controlled and set by you. This platform also allows payment through local online payment gateways. Visit LocalBitcoins. LinkCoin is one of the newcomers in the industry of cryptocurrency. It has been introduced over the counter for Altcoins for the first time in the world. This platform is formed using the experience of the stock exchange, investment banking, and brokerage firms.
Ensuring high-quality security and user experience has already gained firm popularity after starting the journey in Visit LinkCoin. If you want to indulge yourself in one of the most demanding cryptocurrency exchange platforms, then this is the platform you might be interested in. Even if you are a beginner in this sector, this platform will guide you to become an expert through its multi-dimensional UI and creative framework.
Visit Binance. This cryptocurrency exchange platform focuses on trading at low risk, but confirming recurring purchases across the order books is the central part of its goal. This platform is working to promote the adoption of cryptocurrency since Visit Gemini. This trading place is only available to US citizens. This is very popular among the people due to its fast and reliable conversion over other cryptocurrency exchange platforms. Besides, if you want to transfer your asset from Huobi global to Huobi OTC, you can do it freely in this marketplace.
Visit Huobi. Luni is powered by a robust trade engine that has many extensive features. Although the system is safe and reliable, you can only exchange Bitcoin and Ethereum.
The platform is easily understandable, and in every step, you will be guided through detailed guidelines. Visit Luno.
Coinigy started its journey in , and since they have maintained their reputation through their premium customer support. If you want to take your portfolio to the next level, its premium portfolio suit can help you a lot.
You can build, manage, evaluate your portfolio, and exchange through all kinds of platforms. Visit Coinigy. Cryptocurrency is going to replace traditional currency in the near future.
As a result, demand and prices are going higher day by day. In case you are not usual with the concept of cryptos yet, this is high time to start your journey. To get going with the latest features of the digital currency exchanging platforms, you must choose a good platform. You can start exploring with any of the described cryptocurrency exchange platforms above. Exchange rates, payment methods, deposit types, account management, and security are the issues you should keep in mind while choosing the cryptocurrency trading site that suits you best.
Is such an appreciated effort you guys made to make this compilation. I must say am happy to know more about this. Thanks for the informations here. I have gone through the entire article which looks quite interesting. Here, you have clearly explained about top cryptocurrency exchange platform for traders in Keep up the good work. Are you an crypto enthusiast, planning to launch your crypto exchange platform for your crypto trading business? Check Osiz Technologies. Thanks for the article!
It was exceptional! Deposit and withdrawal policies: The first thing we should consider are the available deposit and withdrawal methods, in order to ensure that we can send and receive money from the platform without any problems. Some companies abuse deposit fees or limit you when withdrawing your earnings, so this is a very important point.
If by opening an order we already have a considerable amount of loss thus damaging our risk-reward ratio then this platform is not for you.
Company info: Although many Bitcoin trading platforms are decentralized, it is also true that many fraudulent companies take advantage of this to offer fake services and scam users. We should be able to know at least who is behind the platform and if they really exist somewhere in the world. Considering that we are really going to entrust our money to a platform, it is necessary that we see a professional profile of the company and who leads it. Decent interface and charts: Experienced traders know what it feels like to operate on a good trading platform but whose charts make us have a misconception of the market by design.
Considering that the price of digital assets is slightly different on each exchange and that many traders base their strategies on small movements, this could affect the destination of our trades.
Make sure you get a platform with a clear interface and well-crafted charts. Available orders: Not all traders handle the same strategies or position the same orders when trading the crypto market. There are even traders who trust OCO One Cancels the Other orders but not all trading platforms have the same types of orders, which is why it is advisable to choose one that does have variety in this regard.
Strong security features: It is no secret to anyone that Bitcoin trading platforms are the preferred target of hackers, especially if they have weak security systems. In addition, we should be certain that the company is responsible for replenishing stolen funds in the event of a security breach in the system. What are the best 5 Bitcoin exchange platforms? Pros Perpetual swaps available for more than 20 crypto assets and stocks. Has never been hacked.
Charts are well-elaborated. Decent fee rates. Cons Interface design could be better. Low liquidity market.