Crypto trading platform
Founded in 2007, instaforex has more than 7,000,000 clients and is a well-established investment firm.
Top forex bonus list
Fxdailyreport.Com
The prices of cryptocurrencies have zoomed this year and many investors have started focusing on these digital assets. Investors have a couple of options to trade in cryptocurrencies. The first option is to use the cryptocurrency exchanges which allow traders to swap fiat currency such as dollar and euro for the digital currency, or digital currency for digital currency. Another option is to use the online forex brokers’ platforms for trading cryptocurrency cfds or pairs such as USD/BTC, EUR/BTC, etc. The aim of this post is to list out the top 10 cryptocurrency trading platforms.
Best cryptocurrency trading platforms 2021
Etoro, a multi-asset and social trading brokerage, has registered offices in israel, the UK and cyprus. The brokerage has a worldwide reach and is regulated in all the markets.
Retailfx came into existence in 2006 in tel aviv. Etoro openbook was set up in 2010 with the copy trading feature as a social investment platform, enabling traders to follow, view, and replicate the trades of top investors in the network.
Etoro boasts of more than four million active users and allows individuals to trade in forex, stock cfds, and cryptocurrencies.
IQ option may not be most well-known or the biggest platform, but it is growing very fast. The platform offers trading in all of the popular assets and up to 25 percent leverage. In addition, IQ option provides a multi-chart layout, historical quotes, and technical analysis across multiple platforms, including desktop, mobile, and tablet. The brokerage also offers excellent support which includes volatility alerts, stock screeners, calendars, newsletters, and market updates.
Founded in 2007, instaforex has more than 7,000,000 clients and is a well-established investment firm. Instaforex provides support services in more than 27 languages and the platform can be used by newbies and professional traders. The online forex trading platform provider makes available 7 asset classes, 16 platforms, and more than 300 instruments for trading. Clients can trade forex, commodities, precious metals, equity indices, individual stocks, energies, and cryptocurrencies. Instaforex has its registered office in russia and is regulated by RAFMM; and cysec, cyprus.
The hong kong-based cryptocurrency exchange binance charges very low fees of just 0.1 percent per trade. This platform does not only support several coins but also provides services in multiple languages, including chinese, english, korean, japanese, russian, french, and spanish. Binance primarily focuses on the china market and chinese coins. To fund the development of the exchange, it created the binance token (BNB) during the initial coin offering (ICO) event.
Coinmama, an exchange located in israel, specializes in enabling the purchase of bitcoin using credit/debit cards. The services offered by this bitcoin exchange are available in many countries around the world. The buying limit set by the exchange is higher compared to other exchanges. Bitcoins can be purchased for cash and on payments through the western union. However, the fee charged by the exchange is slightly on the higher side.
The bitcoin exchange cex.Io allows users to buy the cryptocurrency for low fees using credit cards. Purchases can also be made for free through bank transfers. The services offered by this exchange are available in many countries around the world, except a few specified by the platform provider. On the basis of verification, cex.Io offers four account levels with different buying limits. This bitcoin exchange operates as a registered company in all of the districts in which it is present.
Cex.Io combines crypto to crypto exchanges, fiat to bitcoin exchange, and a mining pool. The company also offers trades in mining contracts or bitcoin mining equipment rights for a specified period of time. In addition, the exchange offers USD/BTC and EUR/BTC pairs along with several crypto/crypto pairs.
Coinbase is the best option for first-time cryptocurrency buyers. The exchange’s interface is very user-friendly and this makes it easy for anyone to buy bitcoin, ethereum, or litecoin. Most cryptocurrencies have to be bought with bitcoin. Therefore, coinbase provides a good entry point for buying bitcoin or other cryptocurrencies. Coinbase allows clients from canada, the UK, the USA, europe, australia, and singapore to buy bitcoin, litecoin, and ether using either a bank account or credit card. A fee of 3.99 percent is charged when buying using a credit card and 1.49 percent when buying through bank transfer.
In forex trading, avatrade is by far the most recognized online currency trading platform provider. The regulated forex broker is dedicated to providing customized trading solutions to its clients irrespective of their prior knowledge or experience.
It is easy to open an account on the avatrade’s platform and you can be up and trading in a matter of minutes. The greatest advantage of working with avatrade is that the broker provides a large amount of educational material, especially to those who are not very conversant with trading. The online forex broker offers more than 250 trading instruments, including fiat currency, cryptocurrency, bonds, and cfds.
Yobit.Net was founded in russia and introduced through a forum in 2015. It caters to russian, english, and chinese traders. The bitcoin exchange accepts payments only in the fiat currency USD. In order to purchase bitcoins, the client should transfer funds in USD to his/her the account. Yobit.Net offers a wide range of cryptocurrencies such as BTC, ETH, DASH, XBY, and DOGE, among others. Trading on this platform is very easy, even for those who are new to cryptocurrencies.
Cryptopia limited, a well-known name in the market, offers free wallet and a spot trading platform with a lot of features for trading cryptocurrencies like bitcoin, ethereum, litecoin, dogecoin, cannabiscoin (CANN), electroneum (ETN), verge (XVG), digibyte (DGB), and many more (totals 1644 markets in CRYPTOPIA). The trading fee on cryptopia is 0.20% of the total BTC or crypto currency traded.
Kucoin is one of best multi-cryptocurrency exchange and trading platform with service centers based in hongkong. Kucoin exchange offers pairs for trading such as raiblocks (XRB/BTC), red pulse (RPX/BTC), canya (CAN/BTC), BTC/ETH, NEO/BTC, BTC/LTC, UTRUST (UTK/BTC), ethlend (LEND/BTC), bitcoin cash (BCH/BTC), etc (more than 69 BTC pairs). Kucoin charges a flat fee of 0.1% per trade, it also provides users with a mobile app available for android and ios.
5 best cryptocurrency margin trading platforms [2020]
Jaimie miller
Nov 11, 2019 · 4 min read
C ryptocurrency margin trading has taken off in 2020 following expanded growth in the number of traders using leverage and shorting over the past few years.
We’re going to dissect the crypto industry and find the 5 best cryptocurrency margin trading platforms available for expert and novice traders in 2020.
Primexbt
Primexbt is the world’s leading multi-asset margin trading platform with trade volumes consistently up to over $400 million per day, and one of the most powerful feature sets on the market.
The platform has qui c kly built a reputation for providing users with a wide range of trading options including cryptocurrencies, forex, commodities and stock indices, as well as a powerful trading engine that can execute trades in under 7.12 ms.
Primexbt also has some of the lowest fees in the industry at just 0.05%, and of course the main feature the platform is known for is having industry-leading leverage of up to 100x on all cryptocurrencies and up to 500x on all other asset classes.
Kraken
Kraken is a cryptocurrency trading platform that has been around since 2013, and over that time built a reputation as not necessarily the largest platform, but one that is safe to use.
Kraken was created by two of the technicians that audited mt. Gox following its collapse, and with them they brought a good understand of how to secure an exchange. As a result kraken has never been hack in its 8-year lifespan.
Bybit
Bybit is a crypto derivative exchange that launched in 2018.
While bybit’s trading platform is fairly rudimentary, it has slowly built a good following of traders that would like to trade crypto derivatives.
Overall bybit’s security is good, with the use of cold storage and other measures like 2FA (two-factor-authentication).
Bybit’s fees are not the cheapest here, but are not the most expensive either — and this is another reason that traders have taken note of this platform.
Binance
Binance is one of the more well-known cryptocurrency exchanges, and uses a native token called “binance coin”, or “BNB”, in order to allow traders to get cheaper fees.
It’s important to note, that we found that even though traders can save 25% on fees, binance’s fees can be up to 10 times more expensive than the platform with the lowest fees we found, primexbt.
Saying this, binance has a generally good interface for trading, and apart from being hacked for $40 million, is quite safe.
Bitfinex
Bitfinex has been around for a long time and is a veteran of the crypto industry, with its name being a combination of “bitcoin”, “financial” and “exchange”.
The platform provides a smooth interface with a good trading engine. Controversy has surrounded bitfinex relating to its cryptocurrency, tether, which is a stable coin widely used throughout the cryptocurrency market.
Tether is meant to be backed by USD, however a number of investigations suspect that there is actually no USD backing tether.
This would have a catastrophic effect if it turned out to be true, as one of the core base coins in the cryptocurrency industry would in fact turn out to be worthless.
In conclusion: best crypto margin trading platforms
While there are many, many different margin trading platforms springing up in the crypto space, we’ve found that these 5 represent the top tier of places for margin trading crypto-assets.
As with anything, do you own research (DYOR), but if you are searching for platforms that provide trading crypto on margin, you can’t go wrong with taking a look at the best places available first up.
Best cryptocurrency trading platform 2021
Which is the best cryptocurrency trading platform in the UK? Our seasoned traders have, in december 2020, tried out all the major platforms for cryptocurrency trading in the UK and we’ll give you all the answers. Also in this article, how does cryptocurrency trading work? Where can I trade cryptocurrency? How do I trade cryptocurrency for cash? And how will cryptocurrencies and their unique features revolutionize the ways we exchange value and minimize trust?
Table of contents
- Best cryptocurrency trading platforms in the UK in 2021
- How to choose the best cryptocurrency trading platform?
- The cryptocurrency trading market
- Is cryptocurrency trading a hype?
- How to buy cryptocurrency?
- The difference between buying and trading cryptocurrencies
- What is a cryptocurrency and how does it work?
- What does trust minimization/censorship resistance mean?
- Why is bitcoin the biggest cryptocurrency and why is it likely to retain that title?
- The ups and downs of bitcoin
The 5 best cryptocurrency trading platforms in the UK are:
- Etoro cryptocurrency trading platform
- Pepperstone cryptocurrency trading platform
- Plus500 cryptocurrency trading platform
- Octafx cryptocurrency trading platform
- NSB cryptocurrency trading platform
Best cryptocurrency trading platforms in the UK 2021
Here you have the answer to where you, as a UK trader, can trade cryptocurrency. The following are solid brokers, that can be trusted and offer trading in both bitcoins and other major cryptocurrencies such as ethereum and litecoin. Take into account the quick facts of each broker in the top list and then read a more in-depth review of the broker and trading platform by clicking on the “read review” link:
- offers 17 crypto assets such as bitcoin, ethereum, litecoin etc.
- largest in cryptocurrency trading.
- market open 24/7
- spread as low as 0.75%
- leverage 1:2
75% of retail investor accounts lose money when trading cfds with this provider.
- leverage 1:2
- no commission fees
- hedge on single account
- trade BTC, litecoin, ethereum, dash bitcoin cash
74-89% of retail investor accounts lose money when trading cfds with this provider.
- availability subject to regulations. Not applicable to retail clients
- leverage 1:2
- trade all major cryptocurrencies
- trade 24/7
76.4% of retail investor accounts lose money when trading cfds with this provider.
- offers trading in bitcoin, litecoin and ethereum
- 1:2 leverage
- $100 min. Deposit
- 24/7 cryptocurrency trading
- leverage 1:2
- trade all major cryptocurrencies
- long and short trading
74% of retail investor accounts lose money
How to choose the best cryptocurrency trading platform?
Our first recommendation is that you choose a trading platform that is regulated. You have to feel safe with your investment. The best crypto platforms in the UK are regulated in different jurisdictions as you can see in the top list above. The second important criteria you should look at is what cryptocurrencies are offered by the trading platform. And the third and very important criterion is how much it will cost you to trade on that crypto trading platform and how you can withdraw your money if you want to let go of your investment.
The cryptocurrency trading market
Cryptocurrencies surprised many people in 2015-2017, through the massive price-explosion many of them have gone through. Bitcoin is obviously the foremost exponent of the crypto industry and its price evolution has been the most spectacular thus far, see the ups and downs of bitcoin below. Volatility has always been a sort of natural accessory of the cryptocurrency markets, and it, coupled with the unprecedented gains registered by the market as a whole, has turned cryptocurrencies into extremely attractive potential investment vehicles.
Is cryptocurrency trading a hype?
More and more people are interested in purchasing cryptos as an investment and more and more people are worked up about trading various crypto-based financial products. The hype is understandable: while other asset classes yield absolute maximums around the 30% mark per year, with bitcoin and its ilk, we’re talking about growth in the neighborhood of 1,000%. Above and beyond the cries of “bubble” it elicited, this ridiculous accrual of value has caught the attention of hedge fund and mutual fund managers, who now see in cryptos a very attractive way of expanding their investment portfolios.
How to buy cryptocurrency?
The most rudimentary form of cryptocurrency trading is about purchasing and holding the currencies. Crypto exchanges provide the backdrop for this type of trading, which is essentially just a newer take on the age-old buy-low-and-sell-high angle. Such investors thrive under extreme volatility and the fact that by nature, bitcoin is a deflationary currency (there’s a limited number of btcs that will ever exist), gives them a nice theoretical safety-cushion.
The difference between buying and trading cryptocurrency
Based on the above-said, it is hardly a surprise that existing online forex/CFD brokerages have already gotten in on the ground-floor of cryptocurrency trading. Though most such operators advertise that they support the trading of bitcoin, what they offer are in fact bitcoin-based cfds (contracts for difference). Cfds are financial derivatives, which means that when trading them, traders don’t actually get to own any cryptocurrency. Instead, they work with the difference between the exit- and entry-prices of their trades. With cfds, the amount by which the underlying asset price goes up (or down) is crucial, as it determines the actual profits (or losses) traders will incur.
Such crypto cfds are featured by scores of brokers. In fact, the setup has become a sort of fad among online brokers, and all those who fancy themselves cutting edge, have pinned them to their product selection, as you can see above in our top list.
What is a cryptocurrency and how does it work?
A cryptocurrency is a virtual/digital cash, payment, and settlement system, that is double spend- and counterfeit-proof. Most cryptocurrencies use a blockchain to achieve double-spend protection. The ones that are decentralized offer several other features, such as:
- Trust minimization.
- Censorship resistance.
- Permission-less nature.
How does a cryptocurrency work?
Cryptocurrencies are virtual coins/tokens that people exchange online in a peer-to-peer manner, without an intermediary. The value of a crypto coin is defined by the market. More precisely, by what people are willing to pay for it.
On a deeper level, the value of a cryptocurrency also hinges on its utility. Scalability and transfer speeds are variables in the value equation as well.
Every cryptocurrency resides on a network. This network may be a decentralized or centralized one. In the case of bitcoin, we are talking about decentralization. The more people mine or stake a given cryptocurrency, the more decentralized its network becomes.
That raises the question: what is cryptocurrency mining?
Crypto miners are the backbone of pow (proof of work) cryptocurrency ecosystems, such as bitcoin’s. Mining consists of the painstaking churning of data with the help of specialized hardware. In addition to solving complex mathematical problems, miners also verify and add transactions to the blockchain ledger. They transmit and log transactions. They also verify and maintain the ledger. Miners get newly minted coins as a reward for their efforts and the energy they expend through computing power.
Pos (proof of stake) networks require participants to keep set amounts of digital coins in special wallets. The proof of stake method does not require computing power and it does not use up any energy to that end.
What does trust minimization/censorship resistance mean?
According to some, bitcoin is trustless. What this means is that A can pay B without the need for a third party to provide trust. According to nick szabo, one of the fathers of the cypherpunk movement, bitcoin is trust-minimized. It is as close to being trustless as possible, but it is not completely trustless.
From trust minimization stem some other attractive features. Bitcoin is permission-less. Meaning that it can be transferred from one person to another, across the globe if needed, without the permission of a third party.
As such, the cryptocurrency is also censorship-resistant. There is no trust-providing intermediary involved in transfers, which could censor certain payments. Bitcoin is a lot like cash: as long as A wants to hand it to B, there is nothing anyone can do to prevent the transfer.
Why is bitcoin the biggest cryptocurrency and why is it likely to retain that title?
As the first widely-known cryptocurrency, bitcoin enjoys something called “the first-mover advantage”. It has been around for more than ten years now. By simply being around, it has proven its feasibility to some degree. This is more than other cryptocurrencies can boast.
Furthermore, despite being somewhat clunky and cumbersome, bitcoin is not an inflexible contraption. It is programmable money. It enjoys the backing of some of the brightest minds in the industry. Bitcoin can change and incorporate changes necessary for its survival in the future. It could theoretically even adopt a pos consensus model instead of the currently used pow, although such a move is not likely.
Given these attributes, some say it is futile to search for the “better bitcoin”. Bitcoin itself is capable of changing and improving, thus becoming the better version of itself.
The ups and downs of bitcoin
Over its decade-long existence, bitcoin has been a highly volatile digital asset. It went through several boom-and-bust cycles. After each such cycle, however, it managed to hold on to some of its gains.
Interestingly, these boom-and-bust cycles have coincided with bitcoin’s halving. Every four years or so, the mining reward for bitcoin is cut in half. Currently, miners earn 12.5 bitcoins every 10 minutes in the shape of block rewards. After may 2020, this reward will be just 6.25 bitcoins every 10 minutes.
The increasing scarcity of the digital asset explains these cycles up to a point. Beyond that, human greed and emotions step up and run away with the price.
Analysts have worked out predictions regarding BTC’s post-halving price, based on past data. Such exercises are hardly exact (or reliable), however. They predict massive price gains and another parabolic bull run, sometime after the halving.
Thus far, we have had three such cycles. The latest one, that of december 2017, took the price of one bitcoin to almost $20,000. If you want to trade bitcoin you can use one of the best crypto trading platforms in the UK above. For further reading, you can see our reviews of the overall best trading platforms in the UK here.
World class automated crypto trading bot
Copy traders, manage all your exchange accounts, use market-making and exchange/market arbitrage and simulate or backtest your trading.
Fast automated trading, and portfolio management for bitcoin, ethereum, litecoin, and 100+ other cryptocurrencies on the world’s top crypto exchanges.
Automate
your trading
And take your emotion out of the equation
Invest in all cryptocurrencies that your exchange offers. At the same time, you’ll also gain access to an expert suite of tools like our trailing features that help you buy/sell better than before.
Trades opened on cryptohopper
Manage all your exchange accounts in one place
Connect your exchange.
Your exchange is where your funds are located. With cryptohopper you can manage all your exchange accounts and trade from one place.
Signals. Templates. Strategies
Social trading platform
(check out the marketplace!)
Join the social trading revolution. Subscribe to trading signals, discuss trading strategies on our internal chat, and buy strategies and bot templates from our marketplace. You don't need to be an expert to trade like one.
Easy. Effective. Worldclass
Use expert tools
without coding skills
Market-making
Market makers are the best friend of every exchange or crypto project. Now you can trade easily on the spread as well, and make the markets. A win-win for everybody. Read more
Exchange/market arbitrage
Want to benefit from price differences of exchanges and/or between pairs? Our arbitrage tool is your new best friend. Read more
Strategy designer
Create your own technical analysis to get the best buy and sell signals from your strategy. Popular indicators and candle patterns are: RSI, EMA, parabolic sar, CCI, hammer, hanged man, but we have many more. Your hopper will scan the markets 24/7 searching for opportunities for you. Read more
Simulate your trading without fear (or money.)
Practice daring new strategies risk-free while mastering cryptohopper’s tools. Even backtest your bot and your strategies, so you can keep tweaking until it is effective.
What succesful cryptocurrency traders say about cryptohopper
Average score from the google play store (21 nov. 2019)
Meyer family | 11 nov 2019
"I'm very satisfied with cryptohopper and highly recommend it for day trading. It took me a while to get a strategy that worked for me, but it appears to have been well worth it. I recommend paper trading and backtesting extensively before using any real money. Once you master the initial learning curve, you will feel much more secure and confident that you can weather any trend or market. It will also be a valuable asset during the next alt-season and halvening events. Thank you cryptohopper team!"
Roshywall gurgel | 7 nov 2019
"great app. I don't understand cryptocurrencies very well but from what I saw in the demo you can profit. I will definitely buy the basic version to upgrade and profit."
"good service, powerful features, effective, affordable. Highly recommend. ��"
Soflow will | 24 oct 2019
"very easy to use and incredibly affordable. Get the free trail to test it and learn the ropes, then upgrade. I upgraded twice after one week and i still use both subscriptions. Awesome selection of options. Unlimited strategies, lots of free built-ins. Spend time to learn the fundamentals of technical analysis - you'll be glad you did. Crypto hopper will soon become your best friend. And weapon of choice!"
Chika moronu | 23 oct 2019
"took a while to get used to the settings, but once I got the hang of it, the app has been great"
Damion la bagh | 21 sep 2019
"the cryptohopper experience is simply amazing. Great instructions to help you on your way and s great community. The website is beautifully designed with full functionality. The app on the other hand is nice but it's not as full featured. It has the things you need to monitor your hoppers and basically interact but doesn't have the nice graphs, charts or settings to create new strategies like the website does. So one is still dependant on a laptop or computer to get everything set up 1st before"
Mitchell kemp | 3 sep 2019
Galen grassi | 6 sep 2019
"so far for a begginer I'm enjoying this, got a lot to learn but it's a good platform with useful tutorials to assist you along.. I would recommend cryptohopper."
All-in-one trading platform for your bitcoins and other cryptocurrency
Trading, portfolio, arbitrage, signals, demo, bots - everything you need to easily manage crypto assets, within one interface.
Discover best opportunities to maximize your profit
Get an advantage over the fluctuating market with minimum risks with our automated algorithms generating a profit on every market move.
Analyzing over 10,000 crypto pairs every second, our algorithms automatically detect the coins with the strongest potential.
Make profit on a price difference buying crypto on an exchange where the price is lower and then selling it on an exchange where the price is higher.
Trade on binance, bitfinex, kraken and over 25 crypto exchanges
Platform features include
Trading terminal
Trade bitcoin, ethereum and any other coin currently exist on the market.
Signals
Track coins with a strong uptrend potential to buy at the lowest price.
Arbitrage
Profit from price differentials between exchanges.
Portfolio
View the real-time performance of your digital assets ‘at a glance’.
Trading bot
Benefit from market movements with automated algorithms.
Practice trading without risk using the free exchange simulator.
Media about us
Hassle-free trading experience
The new platform bitsgap is designed to allow traders to easily trade and manage cryptocurrency on all exchanges from one interface.
Valuable tool in a trader's toolbox
Bitsgap is a valuable tool in case you want to observe all the market quickly from one single interface.
The crypto world was highly in need of a service like bitsgap
It's the next generation platform for traders, lifting up an amateurish crypto trading world to the level of trade sophistication.
Platform offers extraordinary features
Ideally suited for the beginners because it comes with a DEMO mode feature, where users can hone their trading skills without any risk.
Bitsgap gives you access to the exchanges in one unified place
This amazing platform has all major exchanges where you can trade your favorite pairs without having multiple tabs open.
Start your free 14-day trial today
Try a better way to trade and manage crypto
1. Sign up
Open a free bitsgap account.
2. Connect exchanges
Your funds will remain on the exchange balance and bitsgap won’t have access to them.
3. Start trading cryptocurrency
All orders you perform through bitsgap are secured with high-end 2048-bit encryption.
Voyager cryptocurrency broker halted trading due to cyberattack
Lawrence abrams
The voyager cryptocurrency brokerage platform halted trading yesterday after suffering a cyberattack targeting their DNS configuration.
Voyager digital LLC is a cryptocurrency broker that allows investors to trade assets using the voyager mobile app. Voyager has rapidly grown this year with a 40x growth in 12 months and $200 million in assets under management.
Yesterday, the voyager trading platform was suddenly shut down with an announcement that it was "currently undergoing maintenance."
Voyager later disclosed that an attack was conducted against the platform that caused them to temporarily halt trading and cancel all limit orders.
"customer funds and security are of the utmost importance to voyager. Whilst all funds and crypto are secure we have had to temporarily halt trading on the platform and we sincerely apologize for the inconvenience and thank our clients for their patience," said steve ehrlich, co-founder and CEO of voyager, in a press release. "we caught the attempted intrusion quickly and took the system down immediately to protect customer assets and information."
The voyager app has since been brought back online, and trading has resumed. As a security precaution, the company logged all users out of the app and suggested they reset their password and configure 2-factor authentication (2FA).
Not much is known about the cyberattack other than a small hint in a tweet that states it was a "DNS threat."
Voyager states that the attack was not successful and that all funds and cryptocurrency assets are secure.
Bleepingcomputer contacted voyager digital with further questions about the attack but has not received a response.
All-in-one trading platform for your bitcoins and other cryptocurrency
Trading, portfolio, arbitrage, signals, demo, bots - everything you need to easily manage crypto assets, within one interface.
Discover best opportunities to maximize your profit
Get an advantage over the fluctuating market with minimum risks with our automated algorithms generating a profit on every market move.
Analyzing over 10,000 crypto pairs every second, our algorithms automatically detect the coins with the strongest potential.
Make profit on a price difference buying crypto on an exchange where the price is lower and then selling it on an exchange where the price is higher.
Trade on binance, bitfinex, kraken and over 25 crypto exchanges
Platform features include
Trading terminal
Trade bitcoin, ethereum and any other coin currently exist on the market.
Signals
Track coins with a strong uptrend potential to buy at the lowest price.
Arbitrage
Profit from price differentials between exchanges.
Portfolio
View the real-time performance of your digital assets ‘at a glance’.
Trading bot
Benefit from market movements with automated algorithms.
Practice trading without risk using the free exchange simulator.
Media about us
Hassle-free trading experience
The new platform bitsgap is designed to allow traders to easily trade and manage cryptocurrency on all exchanges from one interface.
Valuable tool in a trader's toolbox
Bitsgap is a valuable tool in case you want to observe all the market quickly from one single interface.
The crypto world was highly in need of a service like bitsgap
It's the next generation platform for traders, lifting up an amateurish crypto trading world to the level of trade sophistication.
Platform offers extraordinary features
Ideally suited for the beginners because it comes with a DEMO mode feature, where users can hone their trading skills without any risk.
Bitsgap gives you access to the exchanges in one unified place
This amazing platform has all major exchanges where you can trade your favorite pairs without having multiple tabs open.
Start your free 14-day trial today
Try a better way to trade and manage crypto
1. Sign up
Open a free bitsgap account.
2. Connect exchanges
Your funds will remain on the exchange balance and bitsgap won’t have access to them.
3. Start trading cryptocurrency
All orders you perform through bitsgap are secured with high-end 2048-bit encryption.
6 best platforms for trading crypto futures in 2020
Crypto futures are derivative products in the form of a contract. Two parties commit to either sell or buy a cryptocurrency on a certain date in the future at a predetermined price. In essence, crypto futures allow traders to speculate on the future magnitude and price of an asset.
The trading volume of crypto futures has grown rapidly since launching the first bitcoin futures contract in 2017 by the chicago board options exchange ( cboe ). According to a recent bloomberg report , “futures daily volume exceeds that of the bitcoin spot market.” below are some of the top exchanges facilitating this rapid adoption.
Bitmex
Bitmex is the biggest and the most popular crypto futures trading platform in the market. It was launched in november 2014 by seychelles-based HBR global trading limited. The exchange has offices worldwide except in several countries, including the USA, cuba, crimea, sevastopol, iran, syria, north korea, sudan.
Bitmex uses a kdb+ database known for its effectiveness in high-frequency trading. Fees are 0.25% markers fee and 0.75 % takers fee for every trade. Customers can trade with up to x100 leverage. The platform has massive trading volumes (mostly over $2 billion per 24 hour period). Other unique features of bitmex include a demo platform, liquidity, and excellent security.
Okex is one of the largest crypto futures trading exchanges with over $1.5 billion in daily trading volume. The malta-based exchange operates in more than 100 countries serving over 20 million customers. Okex offers crypto-to-crypto, fiat-to-fiat, and crypto-to-fiat trading pairs. Also, a token’s future market is settled in that token rather than in bitcoin.
For investors looking to venture into non-bitcoin crypto futures, okex is the best deal. It’s also among the top for bitcoin futures. The platform charges a 0.02% maker fee and a 0.05% taker fee. The fee applies for futures and perpetual swaps in nine supported cryptocurrencies: BTC, ETH, TRX, and XPR.
Deribit
“deribit” comes from two words; derivatives and bitcoin. Deribit was founded in 2016 in amsterdam. The platform is bitcoin’s first and largest options trading exchange, with an excellent bitcoin futures offering. As the name suggests, all transactions within deribit are purely in bitcoin.
The platform offers perpetual futures, traditional futures, and options for both bitcoin and ethereum. The withdrawal fee range from 0.0002 to 0.0015. Futures attract a maker fee of -0.02% (rebate) and taker fee of 0.05%. Deribit futures products are tradeable with 50-100x leverage. It has over $134 million daily trading volume.
Etoro
Etoro is a fintech company based in israeli. It is an award-winning social trading platform established in 2007. Etoro stands out as the oldest platform for investing in stocks and crypto-assets. The platform offers an easy to use interface and a demo account.
Etoro charges a withdrawal fee of $5. Other etoro features include a mobile-enabled platform, a $25 minimum trade value, and a copy trading feature. The platform supports 15 coins with BTC, ETH, XRP, DASH, and LTC.
Binance
Binance is the most popular exchange in the industry. It stands out as the world’s biggest bitcoin exchange and the most liquid spot exchange. It was established in 2017 by crypto innovators changpeng zhao and yi he .
Binance recently added futures products to its platform and is currently offering 11 perpetual futures. Despite being new, the BTC/USDT futures are topping with over $2.5 billion 24 hour trading volume.
Besides futures, binance offers other products and services, including staking, lending, and spot exchange. Binance perpetual futures fees start at 0.02% (makers) to 0.04% (takers).
Kucoin
Launched in 2017, kucoin is a singapore-based global cryptocurrency trading platform. Kucoin, also known as “the people’s exchange” for its user-centered features, offers one of the most competitive fees in the market (0.1% flat fee) and a 0.0005 withdrawal fee. The exchange is currently boasting over $48 million daily futures trading. Kucoin supports futures trading for ethereum and bitcoin.
Conclusion
Trading crypto futures comes with many benefits compared to regular trading. Futures not only attract a low fee but also allows leverage trading. Futures are also extremely liquid compared to digital assets, thus reducing the risks involved in trading volatile cryptocurrencies. A cryptocurrency exchange links the investor with these and other benefits.
Crypto futures trading has grown rapidly in a short period. There are currently dozens of crypto exchanges offering futures trading, with each having unique features. This article filters through the huge list to bring you 6 of the best platforms for trading crypto futures based on pricing, trading volume, and unique features.
Best cryptocurrency trading platforms for 2021
Cryptocurrency is the future of the financial industry. Proper investing in digital money today will help the trader to become rich tomorrow.
Cryptocurrency trading platforms are services that provide access to digital money trading. Here people can use classical methods to create a trading portfolio and increase capital. First of all, you need to decide which digital assets you will work with. Popular coins such as ETH, ETC, XRP are traded on most exchanges, and young projects no more than two or three or, generally, on one service, and then the choice is already obvious. First of all, pay attention to such aspects:
- The price of the cryptocurrency you are interested in on a particular trading platform. Most coins change to bitcoin, less often to ethereum, lightcoin, or other alt. The exchange cost is expressed in dollars, and on different exchanges, it may be slightly different.
- The best exchange option. Look at both the price and the filling of trading glasses and the candlestick chart. With good liquidity, the sales schedule will be more or less smooth without huge spikes. However, with little-known cryptocurrencies, this is not often seen.
- The fee also matters. You pay for the purchase and sale transaction and for the withdrawal of cryptocurrency from the trading platform.
- The minimum threshold for replenishment and withdrawal is also an important criterion for most users.
The vast majority of reputable crypto exchanges strongly recommend that the client confirm their identity. Many sites limit the maximum withdrawal amount for 24 hours for users who have not passed the verification or simply refuse to service and or freeze the withdrawal of funds. If traders wish to work anonymously, carefully study the client agreement.
On some exchanges, people can buy or sell coins only at the current price. Other platforms make it possible to create stop-limit and other types of orders, the price in which the user himself indicates.
Top 5 best cryptocurrency trading platforms
Binance
Binance is one of the largest cryptocurrency exchanges in the world. It offers users a large selection of cryptocurrency pairs, an excellent security system, as well as the speed of transactions. The exchange was established in 2017. Despite its youth, it is extremely popular: trades are held for several billion dollars daily.
Initially, the resource did not work with fiat funds at all. Later, taking into account the numerous wishes of customers, the adjacent binance jersey platform was opened to exchange cryptocurrencies for traditional currency. The daily turnover of the binance crypto exchange is, on average, one billion US dollars, and in the peak of trading, it reached four billion. The platform has:
- Convenient multilingual interface;
- A large number of trading pairs;
- Additional tools for comfortable trading;
- The ability to convert digital money on the platform.
- Low commissions compared to competitors – only 0.1%.
Ternion
Ternion is a cryptocurrency exchange founded in 2018. Here traders can make transactions with both cryptocurrency and fiat. Low commissions for takers, as well as payments to makers, make it quite attractive in the existing competitive space. Ternion provides the opportunity for exchange and margin trading.
Today ternion offers not only the purchase and sale of cryptocurrencies, but also fiat transactions (EUR and USD), which are regulated by the estonian supervisory authorities. All digital assets or trading on ternion is securely stored in a cold wallet. It ensures the high security of traders cryptocurrency and the absence of an account hack.
- The platform is compatible with metatrader5;
- Low withdrawal fees;
- More than 80 graphic indicators and 21-time ranges;
- Exchange and margin trading is conducted in a single pool of liquidity.
Coinbase
Coinbase is located in san francisco and is not only a stock exchange but also a crypto wallet at the same time. It attracts major players and has been repeatedly celebrated by the new-york times and bloomberg. In addition to online support, they recently introduced a telephone hotline for those who need advice on verification, increase limits, or have suspected account hacking.
There is an exchange with three leading coins: bitcoin, ether, and lightcoin. There is a referral system, a mobile version of a purse, deposit insurance. The platform provides a high level of reliability and allows the center to lease accounts to protect against strangers. Each investor can choose the one suitable for making money.
- A large number of digital assets;
- Convenient trading platform with time intervals;
- Tools for technical analysis;
- Quick account verification.
Huobi
Huobi group is one of the world’s leading cryptocurrency trading platforms. The history of the company began in 2013. The huobi team provides world-class safe, professional, and reliable services to its customers around the world. Huobi group has offices in singapore (headquarters), USA, japan, korea, hong kong, and is distributed in more than 130 countries around the world.
Huobi global, reporting to the huobi group, is the world’s leading digital asset. Huobi global is dedicated to exploring investment opportunities. The project currently provides a trading and investment service for more than 100 digital assets.
- Fiat trading opportunity;
- Blockchain and cryptocurrency valuation system;
- There is an opportunity to conduct margin trading;
- Multi-rank security system.
The bit-Z platform, founded in 2016 in hong kong, is one of the most popular digital asset exchange trading platforms. Bit-Z has subsidiaries in 10 countries and regions, including singapore, japan, and south korea. It has multi-tier security architecture with multiple clusters and secure links at the banking level. The platform has a strategic partnership with knownsec, an international high-risk management team.
A high-speed engine can carry transactions up to 50,000 per second. The bit-Z exchange is quite popular due to the large daily trading volume. She also has a good security system – everything is clear with this aspect: 2fa, email password, SMS password, trade password, anti-phishing password.
- A large number of trading assets;
- Multi-level account protection system;
- Minimum commission of 0.1%
- There are a mobile application and OTC.
Is it easy to use crypto trading platforms?
Working with trading platforms is easy. The process register process is familiar and, therefore, will not cause difficulties. Top up a stock account. It is necessary for upcoming finance activities. Typically, crypto-money is introduced without surcharges, unlike fiduciary ones, but not necessarily.
Moreover, everyone has their own interest rate, ranging from 1% to 8%. The chosen input path also plays a role, and therefore the size of the commission can increase due to payment systems that also want their share. Create an order (application) for a transaction with currency. It is the most exciting moment because the bidder determines the price and is waiting for his buyer.
The main thing here is not to miss the price. Otherwise, you may not wait for those interested in the transaction, or it will take a very long time to wait. Still, the wait may be delayed if the cryptocurrency is not very popular. When the purchase/sale took place by mutual consent, the received finance can be left in the exchange purse for further manipulations or withdraw to the main wallet. If in the near future, you are not going to trade again, it is better not to keep savings there.
There are several reasons for this: user accounts are sometimes hacked, the exchange may crash or freeze the account. When choosing a cryptocurrency exchange website, pay attention to its popularity. Since they all earn on commissions, they are interested in attracting new members. And the wider the customer base, the more trust the site evokes because this means that the terms of the contract are strictly observed. Also, with the attraction of large capital, the trading platform has the opportunity to expand its range of crypto and paper notes to compose regular pairs.
The final words
Choosing reliable trading platforms for working with cryptocurrency is not an easy task. Traders need to pay attention to security issues, read a lot of reviews and reviews, and also learn the nuances of verification. Any platform has several disadvantages and advantages. A beginner cryptocurrency trader and investor, but must evaluate all the possibilities of the prospect of digital trading money before registering on any resource.
First of all, a trader should look for a company that has financial regulators and is controlled by international organizations. Overall reviews and platform uptime are also included. Preference should be given to companies that have been operating for at least a few years and have established themselves as reliable platforms.
The trading opportunities of most brokers are almost identical except for some nuances. Beginners should carefully choose those assets that can bring maximum profit in the future. It is necessary to concentrate on user reviews, long-term aspects of existence in a particular company, and possible risks. After a detailed analysis of all these factors, the trader may decide to invest in digital money on a specific platform.
So, let's see, what we have: fxdailyreport.Com the prices of cryptocurrencies have zoomed this year and many investors have started focusing on these digital assets. Investors have a couple of options to trade in at crypto trading platform
Contents
- Top forex bonus list
- Fxdailyreport.Com
- Best cryptocurrency trading platforms 2021
- 5 best cryptocurrency margin trading platforms [2020]
- Primexbt
- Kraken
- Bybit
- Binance
- Bitfinex
- In conclusion: best crypto margin trading platforms
- Best cryptocurrency trading platform 2021
- Best cryptocurrency trading platforms in the UK 2021
- How to choose the best cryptocurrency trading platform?
- The cryptocurrency trading market
- Is cryptocurrency trading a hype?
- How to buy cryptocurrency?
- What is a cryptocurrency and how does it work?
- What does trust minimization/censorship resistance mean?
- Why is bitcoin the biggest cryptocurrency and why is it likely to retain that title?
- The ups and downs of bitcoin
- World class automated crypto trading bot
- Manage all your exchange accounts in one place
- Social trading platform
- Use expert tools without coding skills
- Market-making
- Exchange/market arbitrage
- Strategy designer
- Simulate your trading without fear (or money.)
- What succesful cryptocurrency traders say about cryptohopper
- All-in-one trading platform for your bitcoins and other cryptocurrency
- Discover best opportunities to maximize your profit
- Media about us
- Hassle-free trading experience
- Valuable tool in a trader's toolbox
- The crypto world was highly in need of a service like bitsgap
- Platform offers extraordinary features
- Bitsgap gives you access to the exchanges in one unified place
- Start your free 14-day trial today
- Voyager cryptocurrency broker halted trading due to cyberattack
- All-in-one trading platform for your bitcoins and other cryptocurrency
- Discover best opportunities to maximize your profit
- Media about us
- Hassle-free trading experience
- Valuable tool in a trader's toolbox
- The crypto world was highly in need of a service like bitsgap
- Platform offers extraordinary features
- Bitsgap gives you access to the exchanges in one unified place
- Start your free 14-day trial today
- 6 best platforms for trading crypto futures in 2020
- Bitmex
- Deribit
- Etoro
- Binance
- Kucoin
- Conclusion
- Best cryptocurrency trading platforms for 2021
- Top 5 best cryptocurrency trading platforms
- Is it easy to use crypto trading platforms?
- The final words
No comments:
Post a Comment