Picking the best crypto trading broker for your endeavors can be a truly difficult thing to do. Nowadays, when more and more such brokers appear, each with its own set of features, it can be grueling to pick one.
So, in order to make this job easier for you, especially if you are a beginner trader, in this article, we will be offering details about some of the best brokers around. If you’re looking for a trustworthy broker to help you buy or sell your cryptocurrency, then you need to find the best click here: crypto brokers reviews before making any decision about which broker to choose. In this blog post, we’ll take a look at the best Bitcoin broker platforms available today and give you some useful tips on how to get the best Bitcoin trading experience.
Seeing how crypto has become so increasingly popular over the past few years, it’s normal for so many people to want to start trading. However, not all those brokers are safe for you and not all of them really provide what they claim. It takes a bit of patience, skill, and dedication to find the best ones on the market. Keep reading to find out where some of the best crypto brokers shine and why you should pick them as your ally! Here we go!
The Best Crypto Broker for Beginners
If you are a beginner trader, picking a good crypto broker can be a huge trap. That is because you don’t yet know all the details that can make or break your trading activity. We think that, as a beginner, the first crypto broker to consider is Coinbase. It offers a large number of crypto pairs to trade (it provides over 150 assets) and provides some of the highest levels of security. Besides that, its trading platform is user-friendly and very intuitive, even if you are only now starting to trade.
Coinbase is also a crypto broker with a rather long tradition, having been founded back in 2012. Right now, its total market value stands at $36 billion. The exchange doesn’t have any headquarters but it’s available to clients from over one hundred countries. What’s also interesting about Coinbase is that it allows you to store cryptocurrency in two ways. Firstly on the web platform and secondly, in its Coinbase Wallet which is a non-custodial one. While trading fees can be a bit above the average, it’s all worth it. The platform is so easy to use and offers so many features that you definitely won’t regret paying anything.
The Best Crypto Broker with Small Fees
In case you want to collaborate with a trustworthy crypto broker but you are not willing to pay high fees, we have a solution. Binance is one of the most professional and experienced brokers. It has more than 65 assets to trade for United States clients alone. If you are outside the US, then you will have more options to pick from.
However, probably the most attractive trait of Binance is its extremely low fees compared to the competitors. For example, if you want to buy or sell crypto, the fee that you will have to pay is only 0.50%. ACH transfers and crypto conversions are completely free. Its trading platform could seem a bit complex, especially for beginners, but it’s definitely not unusable. Binance has a mobile app, an official website, and a desktop app. It also offers lots of real-time charting tools along with many other useful instruments.
The Most Secure Crypto Broker
When it comes to the most secure crypto broker we’ve come across, it has to be PhenoFX. It has a global presence, serving international markets, and offers three platforms for customers to select from. It provides possibly the safest trading circumstances, with complete transparency and stringent security measures in place to safeguard all clients. PhenoFX offers five different types of accounts from which to pick.
PhenoFX is without a doubt one of the most secure CFD and cryptocurrency brokers on the market today. Customers’ funds are held in major European banks’ bank accounts. The assets of the company are maintained separately from these funds. They allegedly divided them to prevent the clients’ personal information and funds from falling into the wrong hands. This broker is a trustworthy professional that goes above and beyond to help its clients. This is also an open and honest broker with no hidden fees or rules. Indeed, their official website openly displays all of their legal information.
The Fastest Crypto Broker
Do you want to be able to trade crypto super fast and still have great results? The famous online crypto broker eToro is the best choice for you in this case. It has more than 3,000 tradable symbols, over 40 cryptos, an incredibly well-structured platform, and a few features that make it unique. For example, the most famous one is the ability of users to copy the trades of other more experienced traders.
But maybe the most appealing trait of eToro is how fast you can trade on its platforms. It has both a web-based and a mobile one that can help you achieve your crypto trading goals as fast as possible. By accessing one single tab, clients can buy, sell or even convert crypto. They can also see the current prices and even copy the portfolios of other traders for better results. Its fees are also smaller than most competitors. In the US, some fees are even non-existent, like withdrawal fees.
The Overall Best Crypto Broker
Now that we are almost at the end of our journey about the very best crypto broker that you can pick, it’s time to draw the line. What is the overall best crypto broker according to our research? While all of the aforementioned ones are truly worth trying regardless of your level of experience and funds, PhenoFX is probably the most accessible.
While it may be a relatively new crypto broker, it’s certainly on the right path to success. This broker emphasizes honesty, trustworthiness, and performance. In short, it prioritizes consumers by offering the best trading quality and making it simple to do so. PhenoFX continues to invest in technology and trained personnel in order to give high-quality and tailored activities to every customer. Overall, this online broker is primarily concerned with serving the needs and aspirations of all customers. They believe that everyone can learn to trade and that a broker should always go above and beyond to assist its customers. Try it yourself and we have a feeling that you won’t regret it.
