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A Guide on How to Choose the Best Crypto Trading Platform for Your Needs

Due to today’s immense demand for digital coins, the choice of a crypto exchange or broker is a hot issue as well. Hence, we believe that our review will be of great use for every potential investor. Here, you will find both the rating of the leading services and short prompts about their specialization.

So, here are our 12 top picks:

  •   Binance — the widest choice of altcoins — more than 400 — and the highest popularity among both newbies and professionals;
  •   Coinbase — the second most popular brokerage and crypto trading service, which is known for advanced security and exceptional convenience of use;
  •   Bybit— a number-one choice for leverage and derivatives;
  •   eToro— the most comfortable option for following signals and copy trading;
  •   Kraken — best for those traders who operate high volumes;
  •   Bitfinex— advanced functionality targeted upon professionals mainly;
  •   BitMEX— the major focus on margins and futures;
  •   Huobi— the best crypto trading platform in terms of security;
  •   Local Bitcoins — the most recommended peer-to-peer service;
  •   Paxful — the perfect peer-to-peer source for quick and fuss-free transactions, which offers over 350 payment methods;
  •   Crypto.com — the best all-in-one service;
  •   Currency.com — the most comfortable and user-friendly website for buying and selling tokenized securities.

Also Read: Coinbase Pro vs. Coinbase: What Is the Difference

Which of these sources will suit you most of all? All of them are trustworthy, reputable, licensed, and safe to use, but they differ in the selection of assets, fees, features. As you can see, some of them are designed for advanced traders mainly, which means their interface is too overloaded for a beginner. Also, some of these services offer exclusive features, like tokenized assets or fully-automated copy trading functionality.

Thus, before you go surfing them, take a few minutes and think which coins you want to invest in, which payment methods you are ready to use, and which extra tools you need. As a result, you will narrow your search and skip certain sources right away to save time.

Besides, when you find a perfect website, be sure to search for feedback left by other users on some independent aggregators. Do not let fair words misguide you, check whether they correspond to reality.

In the end, we would advise you to make use of a demo account whenever it is possible so that you can check whether the source chosen suits your needs and preferences before you make an actual deposit.

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