If you are into regular trading or if you wish to get your hands on trading, then knowing which bitcoin trading platform is the best and what features it provides should be considered crucial. If you search the term “bitcoin trading platform” on google you’ll find a number of new and old platforms. Most of them are new to the bitcoin trading sphere and a few are quite from the beginning of bitcoin launch itself. While going through a few of the platforms, I could figure out most of them lacked the perfect user interface and a few didn’t even have the necessary features to support bitcoin trading. This becomes a problem for you if you’re new to the trading world and when you blindly register to the platforms which are not established yet. It can be difficult for you to execute profitable trades.
And, that’s why I chose to write an article in which I will mention the 5 best bitcoin trading platform. You can choose any from the below list without worrying. You can simply register and begin your trades. All of the trading platforms mentioned have a clean user interface to navigate easily and come bundled with the necessary features required for the execution of trades.
5 best bitcoin trading platform
No doubt Binance is the number one bitcoin trading platform today. Within a short period of time, binance grew intensively faster with thousands of customers who now use binance on a daily basis. Binance has made its way to be amongst the top exchanges and trading platforms in the world.
Binance is available to almost all the countries. The prices in binance are comparatively low with a lower service fee. If you use binance often for trades, you’ll get some amazing discounts as well. The user interface is very decent and easy to understand. Any beginner will be able to grasp the interface quickly and will be easily able to navigate around without any trouble.
To get started with binance you’ll just require to register using your email. Once the registration and verification are complete you’ll instantly be able to load money in your binance account and make trades.
Bittrex allows trading for over more than 190 cryptocurrencies. The security implementations are quite amazing and your funds and cryptocurrency will remain safe. Bittrex has one of the cleanest and simplest user interfaces of any trading platform.
This platform is one of the best and the most used worldwide. With over millions of transactions and thousands of customers, everyday Bittrex remains the favorite of many professional cryptocurrency traders.
They have a number of tools with some good features for your trading journey. The registration is super fast and understanding the user-interface hardly takes any time. Most of the beginners pick Bittrex for trading because it has the simplest interface and the required tools to understand better trades.
Poloniex also comes in the list of the most used platform for trading. The trading charts from Poloniex are very decent and clean. The service fee is quite average compared to other similar platforms. Poloniex is best known for trading with altcoins as it supports almost all the major ones.
The security features are good with multiple levels of security applied for your safety concerns. If you are looking to trade using altcoins, you can easily go with Poloniex. There is a high chance that the altcoins you are looking to trade with is listed in Poloniex.
Hadax remains one of the oldest platforms built for bitcoin trading purposes and is also known as Huobi Global. Launched in 2013 it has been serving cryptocurrency traders for a long time. With so many years in the trading space, there’s not a single issue or a complaint raised by customers against Hadax. The security features implemented in this platform is what makes it so much reliable since 2013.
There are multiple cryptocurrencies listed in Hadax. You can easily choose any one you like to trade with. The user interface is clean and decent and you’ll not face any problems using it.
Bitstamp claims to be the first completely licensed exchange. Supports multiple payment methods such as debit/credit card, bank transfer and many more. The interface provided by Bitstamp is very minimal which is quite good. There isn’t anything fancy in the interface to make it difficult while you trade. They also have android and IOS app for their customers to be able to trade using their smartphones. The service fee is a bit high, with 8% for card transactions.
The 5 bitcoin trading platform that I have mentioned are very reliable and are known to be one of the best throughout the world. There are thousands of active traders who execute trades on these platforms on a daily basis. Each of the platforms has excellent security measures implemented to cut away any dilemmas and are known to be in the crypto field for a long time.
If you are a beginner I would recommend you to trade in lower volumes first, so that you know how the trades are executed. This will help you reduce the unnecessary and foolish losses. Once you get a grasp of how tradings are done and once you gather the required knowledge about making profitable trades, slowly you can increase your investments.
I would also recommend you store your bitcoins in an alternative wallet for security measure because being secure in the crypto space should be the number 1 priority always. If you are investing in cryptocurrency for a longer time, then moving your bitcoins to an alternative wallet is the best decision.
I hope you’re satisfied with the information I’ve provided in this article. If you still have any questions regarding bitcoin trading platform. Feel free to ask them in the comments section below.
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