If you want to invest in cryptocurrency, you are probably looking for the best Bitcoin trading platform, but your efforts seem not to bear any fruits.
This is because many sites brand themselves as “best trading platforms for Bitcoin,” and it can be challenging to find the best one for your needs.
We already talked about the best crypto trading platforms before. However, in this article, we will help you make informed decisions by outlining some of the most reputable Bitcoin traders that can be used by both beginners and veterans.
The cryptocurrency market is an ever-changing environment, and the best way to stay on top of all the changes is to be informed.
The 15 platforms listed here are among the most reliable, well-known trading sites for Bitcoin. In addition, they offer different features, so it’s worth taking a look at each one before deciding which one you want to use!
1. Coinbase
Coinbase is the most popular stop for those looking to trade Bitcoins. The company was founded in 2012 and has since grown significantly with many users and high trading volume. It offers both on-site exchange as well as counter trades (OTC). What’s more, Coinbase also operates GDAX, which is an exchange for professional traders.
Coinbase also allows the buying and selling of Bitcoin, which has helped to secure it as one of the best platforms for getting started with trading.
2. Robinhood
This platform was founded in 2013 to provide a way for everyone, at no cost, to trade stocks and ETFs on mobile devices with zero commission fees (although the company does offer an option of “chipping-in” for those who want to trade more actively).
One of the biggest benefits of using Robinhood is that you can buy Bitcoin and other cryptocurrencies with ease. In addition, it allows you to trade cryptocurrencies without the need for a bank account, as long as you have enough cash.
The platform offers user-friendly navigation through different markets to buy or sell stocks, ETFs, and crypto assets all within one application.
You can then track your investments in real-time by accessing either the mobile app or website interface of the Robinhood trading site from anywhere around the world (although some features are limited outside the US).
3. Bittrex
Bittrex is a US-based cryptocurrency trading platform that can be accessed through its website or mobile app. The site is quite popular with crypto traders and offers hundreds of coins to trade. The site’s interface is straightforward, making it easy for beginners and advanced users to navigate. Additionally, it is one of the few cryptocurrency exchanges that support US dollar deposits.
You can sign up for a free account on Bittrex by providing your email address, creating a password, and confirming it to activate an account in just under two minutes.
Once you have created your account with Bittrex, the next step is to deposit funds into your newly-created wallet at this exchange (to buy coins or tokens). You are given five different cryptocurrencies options when depositing USD onto your Robinhood trading site: Bitcoin (BTC), Ethereum (ETH) Litecoin (LTC), Ripple XRP), Bitcoin Cash ABC, and Zcash.
4. CryptoRocket
If you are looking for the cheapest way of trading Bitcoin at this time, then CryptoRocket is probably your best option. There are no fees applied when using their service, but they do not offer any fiat conversion (they strictly deal in crypto).
CryptoRocket has a simple interface for traders of all levels. The site is easy to navigate and understand. All you need to do to trade Bitcoin is to create an account with the service and connect your BTC wallet address (make sure you use secure wallets such as Tezro), then trade away!
5. Quadency
This platform has a different approach from any other on this list as they let users make trades through their own algorithms instead of using them like broker services. They call it Quad-Lite Algorithmic Trading Platform, which means that anyone can use it – no matter what knowledge level or experience they have in crypto trading.
It is highly user-friendly, and specially designed specifically for beginners who are looking to get into crypto trading. With it, you can buy and sell cryptocurrencies like Bitcoin or Ethereum with low transaction fees to make your trading experience more lucrative and rewarding.
6. Bisq
This decentralized exchange supports more than 90 different crypto assets and has no restrictions on trading pairs. As a result, there are ample opportunities for traders of all levels – from beginner to advanced – to get in on some action!
It’s also open source meaning users don’t have to worry about any hidden algorithms or corruption within the site itself as they’ll know exactly what they’re working with when using Bisq.
Bisq is also a peer-to-peer marketplace with no intermediaries, meaning that you can trade Bitcoin for other currencies without any middleman taking their cut.
When using this Bitcoin trading platform, users don’t have to worry about exchanging personal information or going through the long process of submitting documentation for verification like they would on most centralized exchanges.
Instead, it’s totally anonymous and private, which means it’s absolutely perfect for those looking to remain as discreet as possible when trading cryptocurrency!
7. Binance
You can talk about the best online Bitcoin trading platforms and fail to mention Binance. This is one of the world’s leading cryptocurrency exchanges and has a variety of more than 190 coins available for trading, including Bitcoin (BTC). It’s also one of the leading platforms where you can buy Bitcoin.
One of the reasons why Binance is the best for Bitcoin trading is because it has low fees. Indeed, they only charge a flat rate of 0.05% per trade, which is one of the lowest in this industry and can save traders significant amounts over time.
In addition, Binance also has a generous referral program. You can earn 20% of the trading fees from any person you referred to Binance so long as they trade at least once in their lifetime.
8. Hodlnaut
Hodlnaut is a decentralized cryptocurrency exchange that offers peer-to-peer trading with Bitcoin in their native HODL token. The platform is built on top of the Ethereum blockchain, which allows for public verification and auditability, plus easy liquidity between fiat currencies (i.e., USD) and cryptocurrencies such as Bitcoin or Litecoin.
The HODL Token can be used to trade goods & services, buy games, play casino games, etc. It also works seamlessly with Ether smart contracts. Hence, it’s possible to earn tokens by renting out your computer power via mining pools like Nicehash or Zcash pool without using any other currency than BNB – all you need to do is deposit some ETH into the contract then pay for the rental using HODL tokens.
Existing crypto traders can benefit from HodlNaut by trading more efficiently with fewer fees, which is particularly useful when you’re trading many small amounts instead of just one or two large ones. Crypto hodlers will also be able to use it as an easy way to turn their coins into fiat money without spending them on goods & services first.
9. Coinmama
Coinmama is a Bitcoin trading platform that allows traders to buy cryptocurrency with a credit or debit card. It’s a great option for those who don’t have the ability to use more traditional buying cryptos, such as through bank transfers or cash deposits at banks.
Coinmama offers three different ways to buy Bitcoins: credit card, cash via Western Union, or a debit card that can be used online. The fees depend on which payment method you use, but they generally range from four to six percent per transaction.
This crypto trading platform also supports many other cryptocurrencies in addition to Bitcoin, including Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) Ripple (XRP), and Dash (DASH). It’s, therefore, an excellent option if you want more than just BTC as well!
10. Gemini
Gemini is a New York-based crypto exchange that has achieved the status of being one of the few large exchanges in North America. It is also one of the most popular Bitcoin faucets.
Gemini’s fees range from 0 to .25%, and support US dollars, euros, Bitcoin, Ethereum classic (ETC), Zcash (ZEC) Monero(XMR). It’s also pretty well regulated, which makes it a Bitcoin trading platform you can trust.
Gemini’s interface is simple and intuitive, making it perfect for both newbies and experts. Additionally, this crypto trading platform offers many trading features such as stop-loss and margin trading, which help traders make the most of their trading.
11. eToro
eToro is a social trading network and the world’s leading provider of trader-to-trader Bitcoin trading. This crypto trading platform is accessible worldwide, where you can buy or sell Bitcoin in more than 150 different countries.
In addition to this, it offers a range of other Cryptocurrencies, including Ethereum (ETH), Litecoin (LTC), and Ripple (XRP).
12. Altrady
Altrady is one of the best trading platforms for Bitcoin. It offers a complete package for traders, including advanced trading tools and high-quality customer service.
This platform is not complicated and is designed to be user-friendly and highly intuitive for traders of all levels. Its customer support is available 24/hrs, and its pricing plans are straightforward.
13. Bitstamp
Bitstamp is one of the oldest and largest exchanges in Europe. In addition to Bitcoin, it offers several other cryptocurrency trading pairs, including Bitcoin Cash (BCH), Ethereum Classic (ETC), and Ripple XRP (XRP).
With Bitstamp, traders can easily deposit funds with various methods, including bank wire and credit cards. Additionally, Bitstamp offers a multilingual customer service team, which means you can get help in a language you understand better.
14. iTrustCapital
iTrustCapital is a peer-to-peer trading platform that offers Bitcoin and Litecoin as well as other digital currencies. It’s available for both desktop and mobile browsers, including iOS & Android programs.
In addition to the trading features, iTrustCapital also boasts a social media aspect with its own chat room where traders can communicate in real-time with one another about their trades.
15. Tezro
Available for Android and iOS, Tezro offers an easy way of trading Bitcoin with completely safety, without fearing for your data. It’s a fully encrypted platform, that also operates as a text messaging service.
Tezro works as a wallet, messaging app and trading system. All in one, so you don’t have to switch between apps while taking care of your Bitcoin assets. Check out a longer list of Tezro’s features and download it today!
Key Takeaways
- Bitcoin trading platforms allow you to exchange BTC with other people;
- The best Bitcoin trading platforms care about your privacy and data;
- Research about reviews before trading in unknown BTC trading systems;
- There are trading Bitcoin platforms that work simply through an app like Tezro.
Conclusion
What is the best platform for Bitcoin trading? Well, honestly, no platform is better than the other. Your choice depends on your specific needs.
It doesn’t hurt to try out as many trading platforms as you can to find the one that is best suited for you.
If you don’t find a platform that fulfils your unique needs, you can do additional research and find other best trading platforms for Bitcoin – there are thousands of options available!
Don’t forget to download Tezro app available for free for both mobile systems and take advantage of its trading Bitcoin feature.