Cryptocurrency has become quite popular in recent years, people from all around the world are showing their interest in the Cryptocurrency trade market. After the skyrocketing price evaluation of the Bitcoin in 2017, traders were convinced that Cryptocurrency has the potential to replace the fiat currency in the near future.
The number of crypto traders started growing in the online trade market. Not only the professional traders and investors, but even the normal people were also able to measure the depth of the Cryptocurrencies. This made them invest in the cryptocurrency. However, normal people who have never traded started facing problems with the trades. This made them turn towards professional traders and brokers.
This led to a new market of online brokers that provide their trading knowledge to the people in return they charge a certain percentage from the profit.
Today, there are thousands of online platforms that cater to the same services. However, you must be very careful while choosing an online broker to start a position in the Cryptocurrency trading market.
In this article, we have handpicked some of the best online platforms that provide broker services to traders and investors who are interested in the Cryptocurrency.
Best Online Brokers
When it comes down to identify which online broker is real and which is one fake, it becomes very hard to find a difference between them. Choosing the right broker might help you to make a fortune with a single deal, but making a wrong choice can really make you lose everything.
Here is a list of best online brokers that you can trust.
Coinbase is one of the largest online platforms that provide broker services to interested traders and investors. Coinbase boasts about having the largest user database among all the online platforms. It has more than 20 million users that take help from the Coinbase for their Crypto trade deals.
The best part of the Coinbase platform is that it has a very simple design that makes even the new user comfortable to understand every feature of the Coinbase. In addition, Coinbase supports 16 of the major Cryptocurrencies. This makes Coinbase one of the most valued online brokers.
Kraken is among the online traders that have a minimum broker charge. Kraken is also one of the oldest pillars of the online broker platform. There are several categories, in which you can take help from Kraken, and the broker charges will depend on what kind of trade category you are outsourcing.
If you will compare the Kraken with the Coinbase, you will see that Kraken has comparatively low broker charges than Coinbase.
#3. Cfd trader
CFD Trader is a young leaf that has joined the list with the veteran online brokers. Cfd trader started its career with the Crypto trade market where new traders used this online platform for buying and selling crypto coins. Soon the popularity of these platforms increases. Now, this platform also provides broker facilities to the traders and investors at a very low price. Try now by visiting cfd trader log in page.
Recommended: Facts That Affect the CFD Market the Most
Bittrex is one of the simplest online platforms you will ever see based on its pricing module. There no different charges for different kinds of trade. No matter what kind of trade you are placing with the help of the Bittrex, their broker charge is fixed to 0.25% of the total profit. Bittrex is mostly popular among the traders who have small volume to trade.
Cryptocurrency trade is becoming popular day by day. More and more traders are involving themselves with cryptocurrency. And with the help of the trusted online platforms, the Crypto trade has become much more simple and easier. With that being said, we hope that we were able to help you with what you were looking for.