Bitcoin trading sites

It’s possible to buy as little as 0.00000001 of a bitcoin because each one is divided down to the eighth decimal place.

Top forex bonus list

Best Places to Buy Bitcoin, bitcoin trading sites.

Most bitcoin exchanges allow you to buy the coin you want with a dollar threshold as low as $1. Whenever you buy bitcoin through an exchange platform you can specify the amount of USD you’d like to spend on bitcoin or you can specify how much bitcoin you’d like to own, and the exchange will calculate the other half of the transaction. Still interested in getting a piece of the bitcoin pie? Here are some pointers: when buying bitcoin, you will need a place to store them. This can be an online digital wallet attached to the account where you buy and sell, a program on your computer or a physical device you plug into your computer.

Best places to buy bitcoin

Get in on the latest craze of digital currency

Bitcoin took the world by storm as it rocketed from obscurity to nearly $20,000 in value per coin in 2017. the cryptocurrency markets have calmed down a bit since that record high, but many bitcoin evangelists still claim bitcoin to be the currency of the future. Follow along to learn more about how bitcoin works and the best places to buy bitcoin.

First of all, need some background information about what bitcoin is? It's a digital currency used mostly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government. Instead, it works through a system where people in the bitcoin community can earn coins from “mining,” or using their computer to complete calculations. You can also buy them with dollars or nearly any other currency.

Bitcoin is highly volatile and not a place to invest funds you can’t lose. While there are some stories of people making a fortune on bitcoin in 2017, many people lost as it fell from its peak. Some people think it is going to be worth $1 million or more while others call the entire system a fraud ready to fall.

Still interested in getting a piece of the bitcoin pie? Here are some pointers: when buying bitcoin, you will need a place to store them. This can be an online digital wallet attached to the account where you buy and sell, a program on your computer or a physical device you plug into your computer.

You can transfer bitcoin and use them for purchases at some rare stores on and offline. But when transacting in bitcoin, beware of large transfer fees when going back and forth between coins and other currencies and even transferring to other digital wallets.

So, where can you buy bitcoin? Read on to find the best places to pick up bitcoin today.

Best places to buy bitcoin in 2021

Coinbase: best overall

Robinhood: best for low cost

Square cash: best for versatility

Binance: best for low rates in other currencies

Coinbase pro: best for active traders

Coinmama: best for quick and easy transactions

Coinbase: best overall

Coinbase is the biggest and most respected bitcoin platform in the united states. It offers both an exchange and wallet in one, making it one of the easiest places to start with bitcoin. Coinbase also supports bitcoin cash, ethereum, and litecoin.

Once you sign up and connect your bank account, you can easily transfer funds in and out of your account and convert them to bitcoin and back to dollars at will. Coinbase charges a variable percentage fee of 1.49% for U.S. Transactions from a bank account or coinbase USD wallet. Purchases with a credit or debit card add on a 3.99% fixed fee.

The coinbase wallet is very secure, accessed through the web app or mobile app, utilizes two-factor authentication, and keeps redundant digital and paper backups of data “in safe deposit boxes and vaults around the world.” plus, cash balances are insured up to $250,000 against theft or a breach in online storage. Further, coinbase holds 98% of customer currencies offline to keep them safe from malicious hackers. this is further evidence as to why coinbase is a leader in digital currencies in the united states.

Robinhood: best for low cost

Robinhood started as a fee-free stock brokerage and recently expanded into the world of digital currencies. The best part: no fees! You can buy and sell bitcoin and other digital currencies completely fee-free on this platform. Robinhood supports cryptocurrency trades and market data right in its mobile app.

Your coins are stored in the same robinhood account you use for your stocks and share a login. Robinhood is mobile-first but you can also trade on desktop, and it may be best for people comfortable managing money from their phone or tablet. While you may need to login on the small screen to access your account, you can’t beat free!

The biggest downside is that robinhood does not work in every state for cryptocurrency trades as of may 2020. But if you do live in one of those states, robinhood crypto is a great option to get started in bitcoin trading.

Square cash: best for versatility

This is another mobile app where you can buy and sell bitcoin with no fees. The cash app is already great for sending money to family and friends for free (similar to venmo). But adding in free bitcoin buying and selling puts the cash app near the top of the places to buy bitcoin list.

The cash app comes from square, the company that makes those mobile credit card readers. Square is a huge financial technology company that includes many other services. Bitcoin is just a small piece of what they do. But with no fees, the price is right.

Unlike some digital wallets, you don’t hold your bitcoin outside of square, it is held in your square cash account on your behalf to sell or withdraw. But if you do want to send your coins to another wallet, square does offer that feature. Square limits purchases at $10,000 per week, but there is no limit to what you can sell.

Binance: best for low rates in other currencies

Binance supports a wide range of digital currencies including bitcoin, ethereum, and its own binance coin (BNB). Binance charges very low fees at just .10% for trades. if you want to go far beyond the most popular coins, binance is your best option.

Binance offers the option to trade coins into multiple currencies and supports digital currencies, including EOS, skycoin, TRON, ICON, ethereum classic, litecoin, ripple, stellar lumens, bitcoin cash, plus a bunch of cryptocurrencies you have probably never heard of.

While this is platform offers a huge range of currencies at a low cost, there are some bugs reported with the android mobile app, and some users have reported delays withdrawing certain currencies. Binance is not insured, which may be a major concern to some, particularly after some irregular trades were detected and reversed in march 2018.

Coinbase pro: best for active traders

Coinbase pro (formerly known as GDAX) is a serious trading platform with screens that look familiar to those who use bloomberg terminals or active stock, commodity and option trading platforms. It charges fees ranging from 0.04% to 0.50% based on your trading volume. If you want to try coinbase but with much higher volume, this platform is the way to go.

Because GDAX is now coinbase pro, funds are safe and insured. Just like coinbase, cash is insured up to $250,000 and the majority of coins are stored in physical form offline to prevent theft.

Coinmama: best for quick and easy transactions

Coinmama is an all-in-one exchange and digital wallet that makes it easy to buy bitcoin and a limited list of additional currencies in U.S. Dollars or euros. The site claims more than 2 million customers in 188 countries.

One of the easy features lets you buy bitcoin in just a few clicks from the homepage. While the exchange offers great real-time transactions, it does charge higher fees than some others on this list—there's a 3.90% commission fee on buy transactions and 0.90% on sell transactions. You’ll pay an additional 5% when you use a credit or debit card.

Rather than buying and selling on the open market, coinmama funds user trades from its own holdings, adding a little extra security compared to some open market platforms. There is no mobile app, but the website is very high quality. Coinmama is a registered money business in the united states, giving it additional legitimacy and recognition above some competitors.

What is bitcoin?

Bitcoin is a digital currency, or cryptocurrency, that is created, distributed, and kept through blockchain, a decentralized ledger system that aims to lower the costs of making payments. Bitcoin was the first ever cryptocurrency and has carried the largest value of any digital currency since the invention of blockchain. Many stores have accepted bitcoin as payment at various times, including name brands like AT&T and overstock.

How does buying bitcoin work?

Bitcoin traders sell through platforms that will provide a digital wallet for you to buy and store your bitcoin. Such a platform serves as an exchange that anonymously matches up buyers and sellers and completes transactions. Your digital wallet allows you to use other traditional financial resources, such as your debit card or bank account, to complete the purchase of bitcoin.

Another option is to use a peer-to-peer exchange service that connects buyers and sellers to make their own transactions via the platform, with both parties being able to see and speak to each other. This gives a buyer a chance to “shop around” for the right deal. There also are in-person bitcoin atms in some cities where you can buy bitcoin directly.

How much does bitcoin investing cost?

The value of bitcoin fluctuates based on what people are willing to pay for the currency, just like many other investments or assets. The first couple of years bitcoin existed it was worth very little but since december of 2017, its value has fluctuated between $3,200 and more than $19,000. the cost of a transaction varies by platform. P2PB2B, for example, charges a 0.20% trading fee, plus additional fees for deposits and withdrawals.

Is buying bitcoin safe?

Buying bitcoin is safe whenever you use a vetted and respected platform. It’s important to research any platform where you’re considering purchasing bitcoin before you decide to take the plunge. In terms of bitcoin being a safe investment, the value fluctuates more frequently than many other traditional investments. If you’re looking to support a decentralized method of making payments, bitcoin can be valuable. However, there’s no guarantee or insurance protecting any value of what you're purchasing.

Can you buy less than 1 bitcoin?

It’s possible to buy as little as 0.00000001 of a bitcoin because each one is divided down to the eighth decimal place. Most bitcoin exchanges allow you to buy the coin you want with a dollar threshold as low as $1. Whenever you buy bitcoin through an exchange platform you can specify the amount of USD you’d like to spend on bitcoin or you can specify how much bitcoin you’d like to own, and the exchange will calculate the other half of the transaction.

How we chose the best places to buy bitcoin

We looked at more than a dozen of the best places to buy and sell bitcoin online and settled on the top 6 places based on a number of factors. These factors included the history of the exchange, customer reviews, the fees each charges, the strength of features for each digital wallet, and the speed at which you can buy bitcoin.

Bitcoin investment sites

If you are looking for trusted and legit bitcoin investment sites, below we’ll give you the updated list of the best ones for 2020.

Etoro (official website) and plus500 (official website) are some of those, according to the thousands of users who trade everyday with no commissions using those two CFD brokers.

We all know that bitcoins are undoubtedly the most popular digital currency. And although people disagree on the matter, some still believe they might overthrow regular money.

Regardless of these speculations, however, the fact is that you can earn money by investing in bitcoins. But in order to do that, you need to carefully choose the most legit websites to buy and sell, only in this way bitcoins can be a safe investment.

Investing in bitcoin can really pay off, but before you start making money, you need to make a couple of smart decisions.

The first and one of the most important is definitely choosing the right platform. There are countless sites out there that advertise as bitcoin investment sites, but don’t really do the job.

Secondly, a lot of people get fairly confused by the fact that you can’t find an “investment” site – they are all called exchange sites or brokerage platforms.

So if you want to learn about some of the best and most trusted sites for buying and selling bitcoins, simply browse through our list!

Legit and trusted bitcoin investment sites

Etoro

Etoro (official website) is the world’s leading platform for investing in bitcoin and other cryptocurrency.

Operating worldwide, even in the united states, etoro allows everyone to buy and sell bitcoins and cryptocurrencies, from home and with even a minimal investment.

The investment platform is very simple to use and intuitive, suitable even for those who want to invest little money.

Plus500

Plus500 (official website, 76.4% of retail CFD accounts lose money with this broker) is for many traders and investors in bitcoin and other cryptocurrency, the platform par excellence.

Easy to use and intuitive, it allows you to invest at zero commissions from the comfort of your home or mobile phone.

With plus500 you can open a trading account by going to the official website and following the instructions.

It is suitable for users from all over the world (USA excluded. If you are a US resident then you can open a trading account with etoro).

Plus500 allows you to buy and sell all the best cryptocurrencies via cfds, such as bitcoin, ethereum, litecoin and ripple, and many more.

Coinbase

This is one of the best sites available, especially because it makes trading extremely straightforward.

With coinbase (official website), you can do everything that can be done with bitcoins. It is primarily a site that allows you to buy and sell units from and to other bitcoin users with a very high level of security. It also allows you to pay for goods and services with a couple of clicks. Since it is arguably the safest platform, we have placed it at the very top of our list. And if you get familiar enough with the platform, you will find it fairly easy to make a profit.

It gives its users the opportunity to benefit from the ‘dollar cost averaging’ method. This means you can set it to buy bitcoins automatically on a weekly or monthly basis. But apart from that, it’s one of the safest sites as well.

Every transaction is monitored and whenever a suspicious activity occurs, there’s an investigation into the matter. And the company reserves the right to close the account once they prove it’s been abused.

Really safe

Easy and intuitive interface

Best website for newbies

$10 free in bitcoins when you buy $100

Localbitcoins

This platform isn’t exactly an exchange, which means it’s different from coinbase.

It’s a site where individuals meet to buy and sell their bitcoins. It has a page for each country that supports the currency, as well as a list of both buyers and sellers.

When it comes to safety, localbitcoins is a terrific site. This is mostly thanks to its built-in escrow system that protects individuals from scammers. Basically, this means the seller’s assets are kept in a safe place until they get a payment confirmation from the buyer.

Apart from allowing you to buy and sell your units, it offers a unique layout that helps you navigate the digital currency world with greater ease. For instance, you can get info on sellers’ locations both within and outside your country, and do it all at a glance. If you are a beginner and still need to learn, you might want to start by signing up on local bitcoins.

One of the safest platform out there

Not properly a bitcoin exchange

Kraken

Kraken was one of the first sites that passed an independent audit. And they’ve been growing ever since, which means they now have a significant number of users. The platform itself is completely focused on trading in bitcoins.

One of the reasons why it’s so popular is the fact that it’s among the simplest when it comes to the setup process. If you don’t know how to do 2FA or 2-factor authentication, it might be best to start with kraken. Otherwise you’re risking losing all your assets.

It is an exchange platform that can be used by both individuals and businesses. Just like coinbase, they boast a great level of security. The engine itself is fast enough to service a huge number of people simultaneously, so you don’t need to worry about it slowing you down. And it has been rated as one of the best sites for bitcoin investment.

Really simple to use

Bitstamp

This platform was the first operator to get a license for dealing in bitcoins. They recently celebrated their fifth anniversary, and are currently one of the most popular sites available.

The biggest advantage to using bitstamp is the fact that it supports both credit and debit cards. With it, you can also turn your bitcoin units into a proportionate amount of gold. It’s the only platform that offers these kinds of deals. Just like coinbase, this is an extremely safe site, since all transactions are monitored.

Very safe

Possible to buy bitcoins using both debit and credit card

The oldest exchange still on the market

Okcoin

If you’re not a beginner, however, you won’t be very impressed with the sites we’ve listed so far. You’re going to need something less flashy and more advanced. If that’s the case, okcoin might be the right place for you.

There you can both buy and sell your bitcoins, as well as invest in them. On the other hand, if you’re not a trader, you probably won’t even be able to navigate the site.

Really nice to invest

Maybe just for investors

Paxful

One of the most highly rated peer-to-peer sites for investing in bitcoin, paxful has thousands of users from all over the world. It allows you to buy bitcoins with a wide variety of payment methods, including western union and paypal, as well as onevanilla and amazon gift cards. The process is very simple – you only need to select your preferred payment method and the number of coins you want to buy.

As an open-source application, bisq is quite flexible. It is also the fastest way to getting your hands on some bitcoins that can be found online. Downloading the app, adding an account and finalizing a transaction can all take under 10 minutes. In addition, bisq is safe, intuitive and can be used without having to complete any kind of registration process. With this platform, you can remain anonymous in all your financial transactions.

Top 5 bitcoin trading sites in 2020

Over the past few years, cryptocurrency has exploded in the international market and revealed itself as an asset class with a proven value that isn’t going away anytime soon. As a result, more and more people are asking the question – how can I get involved in the digital money revolution? The first step is to find a list of good bitcoin trading sites.

Trading bitcoin and other cryptocurrencies may seem like a daunting task to many initial investors, but it’s actually not as hard as it seems. Choosing a reputable site via which to purchase and trade your cryptocurrency of choice is the most important first step. There are well over 100 cryptocurrency exchanges currently operating around the world so knowing which to choose can be confusing.

For your convenience, we have reviewed five of the best bitcoin trading sites currently available.

1. Etoro

The online trading platform etoro has been serving customers around the world since 2007. The israeli startup is very well-known in the financial world and recently added cryptocurrency trading to it’s growing list of services.

Unlike many other cryptocurrency trading platforms, etoro began as a traditional asset trading platform that specialized in contracts-for-difference (CFD’s). CFD’s are a high-risk and controversial financial instrument that has come under scrutiny lately. However, etoro is considered a very secure platform due to it being regulated in the united kingdom by the financial conduct authority (FCA) and in other countries via a regulatory body in cyprus.

Although the site features low trading fees and a transparent fee structure it does have high withdrawal fees of $25 and an inactivity fee. Minimum initial deposit is $200 and the platform is not available in the U.S., canada, japan, brazil, and a few other countries.

Markets: 15 cryptocurrencies

Average daily volume: $70 billion (total)

Fees: free deposits, $25 withdrawal.

2. Kucoin

Kucoin is a purely crypto-to-crypto exchange that promotes itself as “the people’s exchange” – and for good reason. Beyond just providing a trading platform, it offers a range of detailed programmes available to customers that are focused on helping improve cryptocurrency trading skills.

Kucoin features an interface that is far less complex than most major exchanges, making it more attractive to initial investors while still maintaining full functionality. It currently supports 398 active cryptocurrency markets including the of ERC-20 tokens.

In addition, kucoin features a unique trading fee structure that rewards customers based on how many kucoin shares (KCS) they hold. The standard trading fee is 0.1% and this can be reduced by 10% for every 10,000 KCS tokens the customer holds. Deposits are free and withdrawals fees differ based on the cryptocurrency.

Kucoin is supported in all major cryptocurrency-friendly countries and has apps available for both ios and android.

Average daily volume: $20,579,852.

Fees: 0.1% on all trades, with discounts possible.

3. Paxful

Paxful markets itself as the uber of bitcoin, aiming to bring together an online community of bitcoin buyers and sellers. Customers are provided with a platform through which they can communicate directly with other cryptocurrency traders and negotiate price rates before completing a sale. Both buyers and vendors benefit highly from the decentralized business model and low fee structure.

Unlike most bitcoin trading sites, paxful is more focused on creating a marketplace where users can purchase cryptocurrency in the most convenient way. Instead of a fully functional trading site, paxful offers a simple-to-use platform from which customers can buy various cryptocurrencies.

Regular buyers and sellers accrue a reputation score that helps to promote trustworthiness on the site and ensures all transactions are completed fairly.

Average daily volume: $2,000,000

Fees: 1% seller fee, buyer fees vary

4. Localbitcoins

Localbitcoins is another decentralized exchange that works in a similar fashion to paxful but connects users who are geographically close to each other. This method makes the completion of payment far easier as it avoids the high fees and waiting times associated with international bank transfers.

Localbitcoins is one of the longest-serving bitcoin trading sites and is available in over 200 countries and territories worldwide. However, due to regulatory restrictions, it is not available to customers in the united states, china, syria, indonesia, and north korea.

The platform supports multiple methods by which users can complete peer-to-peer transactions including paypal, wire transfer, western union and webmoney. The geographical search method also means it’s often easy for customers to meet and complete transactions in person.

Average daily volume: $51,000,000.

Fees: average 5%, depending on the withdrawal method

5. Binance

Binance has become one of the worlds most popular cryptocurrency exchanges over the past year due in large part to founder changpeng zhao’s continuous efforts to expand and develop the platform. Averaging $1 billion in daily cryptocurrency transaction volume, it currently stands as one of the busiest bitcoin trading sites in the world.

The binance trading platform is available in a vast range of languages, including english, korean, spanish, russian, french and japanese. It’s excellent desktop and mobile trading apps make it one of the most attractive platforms available to both professional traders and newbies alike.

Binance has apps available for both ios and android mobile phones and is supported in europe, USA, japan, australia, and all other major cryptocurrency-friendly countries. The platform is also supported by its own native digital asset, the BNB token, which has increased exponentially in value over the past year.

Average daily volume: $1,227,764,082.

Alternative bitcoin trading sites

In addition to our top five above, there are several other ways to buy and trade bitcoin that may appeal to certain customers.

Coinbase is one of the most popular cryptocurrency wallets due to its simple and appealing mobile apps. Users can quickly and easily create a verified account and then purchase several cryptocurrencies via credit card, paypal or other methods. However, coinbase has some of the highest fees associated with purchasing cryptocurrency.

BTCC is one of the oldest exchanges in the world, dating back to 2011. It offers purchases in credit card, wire transfer and cryptocurrency with a 0.1% fee.

Bitbay is another bitcoin trading site that offers hassle free purchases via credit card. In addition, it features its own bitbay debit card that can be used to withdraw cryptocurrency at any ATM around the world that supports mastercard.

Buying bitcoin safely

While improvements in safety are being made on a daily basis, cryptocurrency remains a largely unregulated industry. For this reason, it’s imperative to always use a reputable website with a good track record of secure operation. Always ensure you are using a secure internet connection and if possible, use a platform that provides two-factor authentication.

Author

Mark hartley

Mark hartley is an IT specialist, freelance writer, world traveller and crypto enthusiast. He has worked on the trading floors of the world's biggest interdealer broker in london and helped integrate crypto-services into IT trading systems. When he's not searching for the world's most beautiful beach, he's nose deep in any news crypto and blockchain related. *any information provided here is for educational purposes only and should not be considered financial advice

Bitcoin trading sites

Your guide to the world of an open financial system. Get started with the easiest and most secure platform to buy and trade cryptocurrency.

Cheaper GBP deposits HOT

50% off for GBP deposits with the UK-issued cards

Deposit now

Margin trading

Trade with leverage as high as 100x

Trade now

CEX.IO staking

Earn by simply holding coins on CEX.IO

Learn more

Buy crypto with a card

Own crypto in minutes using your card

Buy now

Among the numerous websites providing bitcoin exchange services, the positive reputation of CEX.IO makes it worth the trust of the users all over the world. With the customer base of over 3,000,000, the platform can be recognized as the one that can be relied on. Starting your bitcoin trading on a platform with substantial history, you will benefit from a deep understanding of the market and customersвђ™ needs. We are constantly working on enhancing the security, ensuring the high level of customer support, and providing our users with new opportunities for trading on the bitcoin market. CEX.IO is regularly considering the addition of new coins, which was not so long the case with dash, zcash, and bitcoin cash. Still, every cryptocurrency has to pass a thorough check to be listed. Our due diligence and concerns about the quality of the service yield results. Now, we are moving forward to achieve the status of the best cryptocurrency exchange.

Best cryptocurrency exchange: what does it mean for us?

For you to be able to recognize a reliable online exchange and sort out those that appear to be too weak, we list several features, paying attention to which would help you to make the right choice. 1. Service safety and security. It is critical to ensure that your data will not be leaked to any other parties. Thus, the availability of certificates, like the PCI DSS, serves as the proof of serviceвђ™s safety. Besides, the regulation of exchanges is also important. For example, CEX.IO.

Is officially registered in the UK;

Has a money services business status in fincen;

Complies with the legal requirements of the countries where it functions.

7 best cryptocurrency trading sites for beginners [updated list]

Disclosure: this post may contain affiliate links, which means we may receive a commission if you click a link and purchase something that we recommended. Read about affiliate disclosure here.

Here is the best crypto trading platform:

Binance

Bybit

Bitfinex

Coinbase

Kucoin

Changelly

The cryptoland is perpetually heating up and more and more newbies are joining this crypto revolution every day. While some are in the cryptosphere for the money, others are in it for the technology, like the coinsutra team.

Whatever your reasons to get involved maybe, you need to remember that every person excelling in their respective fields was once a beginner. And from there on, with the right resources and self-education, that person succeeded.

On similar lines, coinsutra is and wants to be your one-stop solution for all crypto-related queries if you are just beginning your journey in the cryptoland and help you become a pro at handling cryptocurrencies.

We have been here for well over one year and have done pretty well in reaching out to more than 2 million people like you. And that’s the same reason I am here again today – to tell you about some of the best crypto trading websites/exchanges for beginners.

When I started, as a beginner, I was pretty clear on what I wanted before choosing a cryptocurrency trading website/exchange. It included:

Ease of usage and UI

Security of funds

Past performance

Development team

Geographical operations map

And to this date, I look at them the same way.

Keeping those parameters in mind, let me throw some light on the best websites to trade your cryptos.

7 best crypto-trading websites for beginners:

1. Binance

Binance exchange now needs no introduction as it has been ruling the crypto market for months.

This exchange is good for beginners and advanced users alike. They also have an inbuilt option in their UI to switch between the two modes, a feature that makes their UI very user-friendly.

Also, you will never face a liquidity issue while using binance because it constantly ranks in the top 5 exchanges on CMC by volume.

In addition to that, if you use their native BNB tokens while trading you can have a discount of up to 50% in your trading fees, which is a big amount if you’re looking to become a full-time crypto trader. The sooner you start via BNB, the more you will save in the longer run. (buy BNB tokens now)

And the coolest thing that I found was that they have the most advanced and easy to use mobile apps for trading cryptocurrencies on android as well as ios.(android app | download ios app)

2. CEX.Io

CEX.Io is another reputed website for buying/selling cryptocurrencies for beginners because their UI is very easy to use and their past track record has been pretty good too.

CEX is a UK-based exchange and has been operating since 2013.

Similar to coinbase, you can deposit fiat currencies like EUR, GBP, USD, RUB etc on CEX too and buy/sell crypto currencies like bitcoin, bitcoin cash, ethereum, stellar, and ripple.

In terms of liquidity too, they are doing well, not to forget that their main traffic is from fiat currencies. (they are in top 35 cryptocurrency exchange as per CMC).

Their feature of letting users buy cryptocurrencies via debit/credit card also makes it an easy to use option for many beginners.

You can buy cryptos by following these simple steps (taken an example of ethereum):

Go to cards.

Configure your credit/debit card.

Verify your credit/debit card.

Select the amount of ethereum to buy/sell.

Exchange your currency for ethereum.

The card verification takes 24-48 hours, but post that, you can buy ETH instantly. That’s why we recommend you keep your card configured in CEX even if you don’t have immediate plans to buy ETH.

Here is a video guide to help you on how to link a credit/debit card on CEX.IO:

Also, they have a wider coverage of countries than coinbase with mobile apps for both android and ios versions.

3. Coinbase

Coinbase is another popular bitcoin and cryptocurrency exchange that one can use for buying/selling cryptos like bitcoin, bitcoin cash, ethereum, and litecoin.

You can deposit your fiat currency (USD, EUR, GBP etc) into coinbase and easily collect your cryptocurrencies that you can later withdraw in a ledger nano S or trezor-like device.

Coinbase also becomes handy because it allows you to buy cryptocurrencies via credit/debit cards. You can buy cryptocurrencies on coinbase by following these simple steps:

(however, check if their service is available in your country here.)

Complete photo ID verification.

Go to the payment methods page.

Click on +add payment method on the right-hand side.

Choose card and add the credit/debit card.

Accept and allow coinbase to make two small transactions.

Coinbase will make two very small test transactions between 1.01 and 1.99 in your local currency. Log in to your card statement account and note the amount of those transactions.

Enter the amounts transacted in the coinbase app.

4. Bitfinex

Bitfinex is one of the oldest players in the race of crypto exchanges for beginners. It is much like bittrex but unlike it deals in fiat currencies like USD, EUR & GBP.

Bitfinex always has an enormous volume so one needs not worry about liquidity while buying or selling on this exchange as it always ranks amongst the top 10 on CMC.

Plus the exchange UI is clean and has sufficient instructions on each page that will help any noob to use it efficiently.

Also, to get started on bitfinex, you need to register, verify your ID, and authenticate yourself. It typically takes 15-20 business days after submitting valid ID proof before you’re accepted into the platform.

Lastly, do check out their mobile apps (android app | ios app) because they are good enough to be used while trading on the go.

Start trading on bitfinex

Fees: 0.1% to 0.8% (details here).

Accessible globally [bitfinex serves all countries with the exception of the united states; bosnia and herzegovina; democratic people’s republic of korea (north korea); ethiopia; iran; iraq; syria; uganda; vanuatu; and, yemen.]

5. Changelly

Changelly is, without a doubt, one of the easiest to use cryptocurrency exchanges in the market. Via changelly, you can simply send one currency and swap it for another supported currency.

It doesn’t require you to undergo the tedious KYC process but it does require you to sign-in with your email ID.

Currently, it supports more than 35 cryptocurrencies along with fiat pairs such as USD/EUR. Also, it is one of the best and easiest to use exchanges out there if you are looking to buy cryptocurrencies through debit/credit cards. If you want to know more, check out our review on changelly.

Lastly, changelly charges a commission fee of 0.5% on each trade, which is minimal in exchange for the volatility and risk that they bear on behalf of their users.

6. Bitmex

Bitmex exchange is run to be professional algorithm traders, developers and economists and hence it is the busiest exchange you will find in the cryptocurrency realm.

Moreover, it provides all the tools and techniques for advanced and beginners to trade cryptocurrencies. You can learn more about it in a detailed bitmex review.

On bitmex you can trade following cryptocurrencies (& contracts) for these fiat currencies like the U.S. Dollar, the japanese yen, and the chinese yuan:

Bitcoin

Bitcoin cash

Ethereum

Litecoin

Cardano

Ripple

The registration process on bitmex is quite simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below.

COINS	LEVERAGE	MAKER FEE	TAKER FEE	SETTLEMENT FEE
bitcoin (XBT)	100x	-0.0250%	0.0750%	0.0500%
bitcoin cash (BCH)	20x	-0.0500%	0.2500%	0.0000%
cardano (ADA)	20x	-0.0500%	0.2500%	0.0000%
ethereum (ETH)	50x	-0.0500%	0.2500%	0.0000%
litecoin (LTC)	33.33x	-0.0500%	0.2500%	0.0000%
ripple (XRP)	20x	-0.0500%	0.2500%	0.0000%

7. Kucoin

Kucoin is a brilliant crypto exchange that has been receiving a lot of traction over the last 6 months. The traction comes as no surprise gave the team behind it and an easy to use & navigate UI.

In terms of volume too, it ranks in the top 25 exchanges on CMC and has a program in which they keep adding new coins/tokens on their exchange regularly.

Also, from a beginners point of view, kucoin’s native token i.E. Kucoin shares is good to HODL because that gives you extra smart passive income in the form of exchange fee. (buy KCS coins now)

Start trading on kucoin

Fees: 0.1%

Accessible globally

The best beginner’s cryptocurrency trading websites:

So you see for beginners also a lot of many options are available in the crypto-sphere.

Remember that all these exchanges are centralized in nature. Hence it is strictly advised that you do not use them as your day-to-day wallet for hodling cryptocurrencies for the longer term. Read this article to know more about the risks of using a centralized cryptocurrency exchange.

Coinsutra team also uses all these exchanges but we use mainly ledger nano X for storing any cryptocurrency if we have to hold it for more than a couple of days. Even if you use it for a few days, we recommend you use it with proper 2FA authentication.

It’s your turn to tell me: which one of these exchanges do you like the best? Also, what are other good beginners exchange that I haven’t listed here? Let me hear your thoughts in the comments below!

And if you liked this post, don’t forget to share it on twitter & facebook!

Here are a few hand-picked articles you should read next:

Harsh agrawal is the crypto exchanges and bots experts for coinsutra. He founded coinsutra in 2016, and one of the industry’s most regarded professional blogger in fintech space.

An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in information technology.

An international speaker and author who loves blockchain and crypto world.

After discovering about decentralized finance and with his background of information technology, he made his mission to help others learn and get started with it via coinsutra.

Join us via email and social channels to get the latest updates straight to your inbox.

Best places to buy bitcoin

Get in on the latest craze of digital currency

So, where can you buy bitcoin? Read on to find the best places to pick up bitcoin today.

Best places to buy bitcoin in 2021

Coinbase: best overall

Robinhood: best for low cost

Square cash: best for versatility

Binance: best for low rates in other currencies

Coinbase pro: best for active traders

Coinmama: best for quick and easy transactions

Coinbase: best overall

Robinhood: best for low cost

Square cash: best for versatility

Binance: best for low rates in other currencies

Coinbase pro: best for active traders

Because GDAX is now coinbase pro, funds are safe and insured. Just like coinbase, cash is insured up to $250,000 and the majority of coins are stored in physical form offline to prevent theft.

Coinmama: best for quick and easy transactions

What is bitcoin?

How does buying bitcoin work?

How much does bitcoin investing cost?

Is buying bitcoin safe?

Can you buy less than 1 bitcoin?

How we chose the best places to buy bitcoin

Should you invest in bitcoin? Four things you need to know

Bitcoin, the cryptocurrency, continues to smash through price barriers, with one bitcoin this week breaking through the $11,000 mark (then back to $9,000, then who knows what by the time you read this). Some early adopters have made millions and facebook is now full of adverts to tempt the public to invest their hard-squirrelled cash in it.

Update april 2018: if you've seen ads with me in, for 'bitcoin code' or 'bitcoin trader', they're scams. This article was written to help people decide whether to put money into bitcoin. The ads you've seen, while titled bitcoin, are nothing to do with it - they're scams. For more on that, see my why I'm suing facebook over fake ads blog.

So no surprise that my social media feeds, email bag, and even correspondence for my live ITV show last week have overflowed with bitcoin questions. Here’s a typical example…

@martinslewis a friend of mine has told me to invest in bitcoin.
What’s your view on them as I’m not quite sure what they are ?

So while investment isn’t normally my bag, I wanted to bash out a quick blog with four simple bitcoin thoughts (if nothing else so I can link to it in reply to future questions).

At this point I should say I’ve no expertise on the technology behind bitcoin or other cryptocurrencies and assets. For a fun beginners’ guide to bitcoin, there’s this ‘BBC R4 baddiel tries to understand bitcoin’ programme or you could always go to wikipedia (as always treat it with a pinch of salt though).

1. Don’t put your money into something you don’t understand. Tweets like the one above is what spurred me into realising I needed to write something. My very simple answer is if you don’t understand bitcoin you should not be investing in it.

That doesn’t mean you must understand the nitty-gritty of the tech behind it, but you need to understand what you’re getting into – how it works as an investment, how liquid it is (ie, can you get out when you want to), the level of risk and what can drive the price up and down.

So if you’re going to invest, you need to start doing research and reading. The mere fact that a friend has told you it’s a good idea, doesn’t mean it’s right for you.

2. The demand for bitcoin right now is likely from speculators more than users. Bitcoin is a currency and there are now a few places allowing you to spend it. Yet most asking me about it are doing it as an investment for the future, or as a place to store value, not as a convenient way to shop.

The idea is that bitcoin is the most likely payment platform to work with a predicted, but far from certain, blockchain online technology revolution (which the likes of ethereum and others are also part of). To be created bitcoins have to be mined and there are meant to be only a limited possible number to be found.

The fact it’s a scarce resource leads to the assumption that if demand rises so will the price.

Of course this does lead people to ask questions such as…

@martinslewis , news item on bbcr5live mentioned value of bitcoin, is it really a thing of value?

That’s very difficult to answer – almost philosophical! What is value? Well, food has it, because we can eat it. Yet the primary use of gold, which has been a store of value for centuries, is just for jewellery. Its value comes from its scarcity, uniformity, and the fact many recognise it as a medium of exchange.

And then look at our paper money – it has no intrinsic value, but government validates it so we recognise it as having such. So does bitcoin have value? Yes, but only because if people choose to accept it as a form of payment.

PS: the massive rise in the speculation price of bitcoin could actually make it slower or even less likely to take off as a daily currency. People are far less likely to spend bitcoin when the price is rocketing – they’ll likely just keep hold of it.

3. Bitcoin is a highly speculative investment. Bitcoin was invented in 2009, but hasn’t taken off as more mainstream until the last year or so.

It’s an investment – just like stocks and shares – though it’s currently unregulated (the govt is looking at regulation to minimise money-laundering, but the whole basis of cryptocurrency means this will be very difficult to do). Or if I want to be more controversial, putting money in it is a form of gambling. That means if it does well, you could make serious amounts – 10, 20, 30 times or more what you put in; or just as possible, if it goes badly wrong, you can lose everything.

Therefore you need to be prepared and think about your attitude to risk before you consider investing.

Its price has risen hugely over the last few years and since the beginning of the year the price has rocketed.

Yet as is always the case – and as the regulator would say if bitcoin was regulated – past performance is no indication of future performance.

It may be that this spectaculative rise will continue. Which means if you put your money in now you will make a fortune. On the other hand, as we’ve seen often in history – whether it’s the canal mania of the 18th century or the first internet boom – this could just be a be a tulip bubble, and soon to burst.

Graphs like these can be read as “I need to get in there, the price is rocketing” or “it’s overvalued, I’ve missed the boat”. We’ll only know with hindsight – you have to accept the uncertainty – though there is a decent chance this is a bubble.

So while the upward curve looks appealing, remember what counts with any asset (especially if, like this, it doesn’t pay dividends) is the price you buy at, and the price you sell at. Buying then viewing a price rise only makes you rich on paper; deciding when to sell is as important as when to buy.

Bitcoin is now at a point where the mainstream public are becoming much more aware of it – rather than the tech and financial aficionados who were in at the start.

That means we may be at the point where the ‘greater fool theory’ is coming into play. That is when many people are buying, not because they think the valuation is realistic, but because they believe a greater fool than them will be willing to pay even more for it in future. The key then is not to be the final fool.

PS: don’t you feel sorry for the chap who used bitcoin to buy beer?

4. Don’t fall for bitcoin seller scams. People often ask me if bitcoin is a scam. No, it’s not. Yet that doesn’t mean there aren’t a lot of scams involved with bitcoin. Just like buying shares isn’t a scam, but there are a lot of boiler room share scam cons.

Bitcoin isn’t the easiest thing to invest in – you need to buy it and store it safely – and that opens up room for many dodgy people to try to take advantage.

I would certainly be worried about investing in a company that I’d just spotted because it’s advertising on facebook – which is rife with scam adverts in many areas – especially if it makes it look like a no-lose option.

If you’re going to buy, do your research and go to what is hopefully a legitimate bitcoin seller. You could try looking at bittybot, which compares UK brokers – though please note I have NOT done full due diligence on that site, so it is at your own risk . But it seems reasonable, and is regularly covered in the media.

PS: it’s worth noting, in other areas people invest in, even gold, one route is to buy shares in an exchange-traded fund, which tracks the underlying price. So you don’t physically hold the asset, but you gain or lose based on its price change.

However, it is telling that, of the limited financial market involvement in bitcoin so far, there aren’t any (that I can see) listed on the UK stock market. The only ones I’ve spotted anywhere worldwide are on the swedish stock exchange.

So please forgive the fact that I probably haven’t given you the firm “buy or not?” answer you want. To do that I’d need to be a liar, a con man or a clairvoyant – I’m not (honest guv!).

The information I’ve put above isn’t aimed at providing you with enough information to invest. It’s aimed at telling you whether it’s something you should be considering doing more research on. I hope it has put off anyone who’s seeing this as a place to put their crucial savings – it is far too risky to do that.

Yet even if you’re still interested and understand that it is more akin to a gamble, and you have money you can afford to lose, you’ve still more homework to do.

7 best cryptocurrency trading sites for beginners [updated list]

Disclosure: this post may contain affiliate links, which means we may receive a commission if you click a link and purchase something that we recommended. Read about affiliate disclosure here.

Here is the best crypto trading platform:

Binance

Bybit

Bitfinex

Coinbase

Kucoin

Changelly

When I started, as a beginner, I was pretty clear on what I wanted before choosing a cryptocurrency trading website/exchange. It included:

Ease of usage and UI

Security of funds

Past performance

Development team

Geographical operations map

And to this date, I look at them the same way.

Keeping those parameters in mind, let me throw some light on the best websites to trade your cryptos.

7 best crypto-trading websites for beginners:

1. Binance

Binance exchange now needs no introduction as it has been ruling the crypto market for months.

This exchange is good for beginners and advanced users alike. They also have an inbuilt option in their UI to switch between the two modes, a feature that makes their UI very user-friendly.

Also, you will never face a liquidity issue while using binance because it constantly ranks in the top 5 exchanges on CMC by volume.

And the coolest thing that I found was that they have the most advanced and easy to use mobile apps for trading cryptocurrencies on android as well as ios.(android app | download ios app)

2. CEX.Io

CEX.Io is another reputed website for buying/selling cryptocurrencies for beginners because their UI is very easy to use and their past track record has been pretty good too.

CEX is a UK-based exchange and has been operating since 2013.

Similar to coinbase, you can deposit fiat currencies like EUR, GBP, USD, RUB etc on CEX too and buy/sell crypto currencies like bitcoin, bitcoin cash, ethereum, stellar, and ripple.

In terms of liquidity too, they are doing well, not to forget that their main traffic is from fiat currencies. (they are in top 35 cryptocurrency exchange as per CMC).

Their feature of letting users buy cryptocurrencies via debit/credit card also makes it an easy to use option for many beginners.

You can buy cryptos by following these simple steps (taken an example of ethereum):

Go to cards.

Configure your credit/debit card.

Verify your credit/debit card.

Select the amount of ethereum to buy/sell.

Exchange your currency for ethereum.

The card verification takes 24-48 hours, but post that, you can buy ETH instantly. That’s why we recommend you keep your card configured in CEX even if you don’t have immediate plans to buy ETH.

Here is a video guide to help you on how to link a credit/debit card on CEX.IO:

Also, they have a wider coverage of countries than coinbase with mobile apps for both android and ios versions.

3. Coinbase

Coinbase is another popular bitcoin and cryptocurrency exchange that one can use for buying/selling cryptos like bitcoin, bitcoin cash, ethereum, and litecoin.

You can deposit your fiat currency (USD, EUR, GBP etc) into coinbase and easily collect your cryptocurrencies that you can later withdraw in a ledger nano S or trezor-like device.

Coinbase also becomes handy because it allows you to buy cryptocurrencies via credit/debit cards. You can buy cryptocurrencies on coinbase by following these simple steps:

(however, check if their service is available in your country here.)

Complete photo ID verification.

Go to the payment methods page.

Click on +add payment method on the right-hand side.

Choose card and add the credit/debit card.

Accept and allow coinbase to make two small transactions.

Coinbase will make two very small test transactions between 1.01 and 1.99 in your local currency. Log in to your card statement account and note the amount of those transactions.

Enter the amounts transacted in the coinbase app.

4. Bitfinex

Bitfinex is one of the oldest players in the race of crypto exchanges for beginners. It is much like bittrex but unlike it deals in fiat currencies like USD, EUR & GBP.

Bitfinex always has an enormous volume so one needs not worry about liquidity while buying or selling on this exchange as it always ranks amongst the top 10 on CMC.

Plus the exchange UI is clean and has sufficient instructions on each page that will help any noob to use it efficiently.

Lastly, do check out their mobile apps (android app | ios app) because they are good enough to be used while trading on the go.

Start trading on bitfinex

Fees: 0.1% to 0.8% (details here).

Accessible globally [bitfinex serves all countries with the exception of the united states; bosnia and herzegovina; democratic people’s republic of korea (north korea); ethiopia; iran; iraq; syria; uganda; vanuatu; and, yemen.]

5. Changelly

Changelly is, without a doubt, one of the easiest to use cryptocurrency exchanges in the market. Via changelly, you can simply send one currency and swap it for another supported currency.

It doesn’t require you to undergo the tedious KYC process but it does require you to sign-in with your email ID.

Lastly, changelly charges a commission fee of 0.5% on each trade, which is minimal in exchange for the volatility and risk that they bear on behalf of their users.

6. Bitmex

Bitmex exchange is run to be professional algorithm traders, developers and economists and hence it is the busiest exchange you will find in the cryptocurrency realm.

Moreover, it provides all the tools and techniques for advanced and beginners to trade cryptocurrencies. You can learn more about it in a detailed bitmex review.

On bitmex you can trade following cryptocurrencies (& contracts) for these fiat currencies like the U.S. Dollar, the japanese yen, and the chinese yuan:

Bitcoin

Bitcoin cash

Ethereum

Litecoin

Cardano

Ripple

The registration process on bitmex is quite simple where you just need to register through your email ID and their fee structure is also quite straightforward as shown below.

COINS	LEVERAGE	MAKER FEE	TAKER FEE	SETTLEMENT FEE
bitcoin (XBT)	100x	-0.0250%	0.0750%	0.0500%
bitcoin cash (BCH)	20x	-0.0500%	0.2500%	0.0000%
cardano (ADA)	20x	-0.0500%	0.2500%	0.0000%
ethereum (ETH)	50x	-0.0500%	0.2500%	0.0000%
litecoin (LTC)	33.33x	-0.0500%	0.2500%	0.0000%
ripple (XRP)	20x	-0.0500%	0.2500%	0.0000%

7. Kucoin

Kucoin is a brilliant crypto exchange that has been receiving a lot of traction over the last 6 months. The traction comes as no surprise gave the team behind it and an easy to use & navigate UI.

In terms of volume too, it ranks in the top 25 exchanges on CMC and has a program in which they keep adding new coins/tokens on their exchange regularly.

Also, from a beginners point of view, kucoin’s native token i.E. Kucoin shares is good to HODL because that gives you extra smart passive income in the form of exchange fee. (buy KCS coins now)

Start trading on kucoin

Fees: 0.1%

Accessible globally

The best beginner’s cryptocurrency trading websites:

So you see for beginners also a lot of many options are available in the crypto-sphere.

And if you liked this post, don’t forget to share it on twitter & facebook!

Here are a few hand-picked articles you should read next:

Harsh agrawal is the crypto exchanges and bots experts for coinsutra. He founded coinsutra in 2016, and one of the industry’s most regarded professional blogger in fintech space.

An award-winning blogger with a track record of 10+ years. He has a background in both finance and technology and holds professional qualifications in information technology.

An international speaker and author who loves blockchain and crypto world.

After discovering about decentralized finance and with his background of information technology, he made his mission to help others learn and get started with it via coinsutra.

Join us via email and social channels to get the latest updates straight to your inbox.

Best bitcoin trading sites: top brokers 2020

List of the best and safest brokers to invest in bitcoins and cryptos in 2020.

Bitcoins are one of the most exciting investments today, particularly risky but with enormous earning potential.

One of the best ways to invest in BTC today is to find a secure and reliable broker to trade: buy when the price is low, sell when the price is high.

In this article we’ll going to show the most secure, safe and legit trading sites for 2020.

To understand price movements, one can study the market from both a technical and a fundamental point of view. The technical analysis allows identifying the price trends of bitcoin (and other cryptocurrencies), while the fundamental analysis deals with analyzing the news that involves the BTC and other cryptos, as well as looking at the number of traders who operate, to the number of wallets in circulation, etc.

By combining these two ways of operating, one can try to make a price forecast and understand how best to invest.

The critical thing is to choose a secure and reliable sites to trade, and below we have brought back an updated list to 2020 to start your search.

Secure and realiable CFD bitcoin brokers in 2020

Plus500

0% commissions

Leverage up to 30:1

7 cryptocurrencies cfds: bitcoin, bitcoin cash, ethereum, litecoin, NEO, ripple, IOTA

Etoro

Low commissions

Copy cryptotrader

11 cryptocurrencies: bitcoin, bitcoin cash, ethereum, ethereum classic, litecoin, NEO, ripple, dash, cardano, stellar, EOS

Low commissions

CFD trading

9 cryptocurrencies: bitcoin, ethereum, litecoin, ripple, dash, stellar, eos, tron, iota.

So, let's see, what we have: if you're not sure where to buy bitcoin, consider these websites and apps, which make it easy. Read reviews and choose the best place to buy bitcoin from top exchanges. At bitcoin trading sites