To buy cryptocurrencies, you have to go through a cryptocurrency platform. But how to choose among the plethora of offers? Between reliability, speed, cost, choice of currencies, ability to deposit euros or dollars and features, difficult to navigate. Here are the top 9 platforms to buy cryptocurrencies.
Created in 2007, eToro is a social trading broker that offers not only trading on crypto-currencies but also on forex, and hundreds of stock market shares. Unlike exchanges, eToro is regulated by several financial authorities and the opening and verification of identity at eToro is done in just a few minutes. EToro’s unique philosophy is to train new traders with their trading tools and their interactive community of 6 million users where traders can share tips, tips and opinions on the financial markets or copy the winning traders. the week. eToro offers the following 11 crypto-currencies:
- Bitcoin cash
- Ethereum Classic
- Stellar Lumen
The purchase of crypto-currencies is very simple on eToro, you just have to create an account and check it, select your payment method (Paypal is accepted), deposit funds (200 € minimum), click on ‘Markets negotiable’ in the sidebar, search for your cryptocurrency of choice, enter the amount you want to buy, click on ‘Open a trade’ and that’s it – you’ve bought crypto-currencies!
Why is eToro the best platform?
We explain in ten key points why we consider eToro the best platform.
✓ Reputation established. Company existing since 2007
✓ Transparent and reasonable fee structure
✓ Ability to invest in 12 different cryptocurrencies
✓ Existence of other types of assets: currency pairs, stocks, indices, commodities
✓ Academy and many useful resources online. You can train using a $ 100,000 virtual account
✓ Platform regulated by the Financial Conduct Authority (FCA) in the United Kingdom and Cyprus Securities and Exchange Commission (CySec) in Cyprus. Registered with the Banque de France also as financial intermediary
✓ Wide variety of payment methods accepted
✓ Membership of a very active community. Opportunity to discuss investment strategies
✓ Extremely intuitive interface and very easy to use
✓ CopyTrader function to automatically copy the investments of other traders
Created in 2012, CoinBase is a cryptocurrency platform that focuses on a few heavyweights in the sector such as Bitcoin, Litecoin, Ethereum, etc. The stock market is known to have large volumes on BTC. This is not where you can buy alts, but it is a very popular place to buy Bitcoin or Ether with dollars or euros. After converting your national currency into cryptocurrency you just have to transfer it to one of the trading platforms below to diversify your portfolio.
Coinbase is famous for operating as legally as possible (which is considered a problem by some), despite the vagueness that prevails in the cryptocurrency market. It is therefore a solid and safe option.
Binance is the exchange exchange specializing in crypto-currencies that goes up. After starting its activities in July 2017 alone, it regularly ranks among the platforms that display the largest volumes. I personally use Binance and I am very satisfied. Withdrawals are very fast. Orders are passed instantly, even when the market panics. Major complaint: the absence of USD pairs, which means that in case of storm your only refuge is Tether … when the USDT exists with the cryptocurrency you want to get rid of. The interface could be improved, but you get used to it.
When many platforms refused to register new users, Binance welcomed them with open arms. Its strengths: speed (ability to manage 1.4 million orders per second), significant liquidity, security and reliability. If you buy the crypto platform, BNB, you get a 50% discount on trading fees.
Cex.io is an exchange platform based in the United Kingdom. This organization actually started as a BTC mining pool and then offered the opportunity to trade Bitcoin. It is also possible to buy or sell other crypto-currencies such as Dash, Ethereum, Ripple, but the choice is limited to a few important corners. One of the great advantages of Cex.io is the possibility to buy directly with your credit card Bitcoin or Ethers, for example. The price is updated every 90 seconds. The course is of course a little less interesting … the facility has a price. You can also send euros by bank transfer and buy your crypto-currencies via traditional purchase orders. Cex.io presents an almost irreproachable bulletin with regard to security, except for a small incident a few years ago.