With Bitcoin’s value going through the roof, are you keeping up with the latest developments? If you’re ready to invest in Bitcoin, this article will help you find the best Bitcoin trading platform to maximize your chances of earning profits.
This list of Bitcoin exchanges contains some of the most popular and secure cryptocurrency exchanges around. We included our methodology to let you in on our process of selection. Further down, we included a useful buyer’s guide to choosing Bitcoin exchanges, as well as the benefits of each one of them.
Accepts fiat currencies
Coinbase is the best cryptocurrency exchange for those who love simplicity and ease of use. Its large user base allows for high liquidity, and its premium features are loved by the more serious traders and investors.Read full review
Supports many altcoins
High euro trading volume
Kraken is the best cryptocurrency trading platform for those who love low fees and robust security. It has the highest trading volume in the euro and offers a plethora of other digital currencies apart from Bitcoin. It also has a global reputation as one of the most secure decentralized exchanges in the field.Read full review
Insured custodial wallets
Gemini is one of the best Bitcoin exchange options around in terms of security. It’s a reputable platform regulated by a financial institution, and it offers insurance for digital wallets, securing your investment.Read full review
Hundreds of altcoins
Platform for beginners
KuCoin Futures is the best Bitcoin leverage trading platform as it offers derivatives trading on cryptocurrencies. You can trade on hundreds of altcoins. Account verification and KYC policies are also robust, so it’s also a highly secure peer-to-peer trading platform.Read full review
Globally recognized brand
Coinbase Pro is the best Bitcoin trading platform for savvy investors who want a comfortable combination of simplicity and functionality. It offers an intuitive platform with high liquidity and advanced trading tools perfect for experienced traders with adequate capital and risk tolerance.Read full review
Extremely low fees
Robinhood ranks among the best Bitcoin trading platforms for beginners who are eager to invest but only in small amounts. The service is virtually free, and its advanced tools and features, such as the cash management service, offer ways to earn money on uninvested capital.Read full review
Various payment methods
Fairly low fees
Regulated by exchange
CEX is the best place to trade Bitcoin for starters, but its platform is also suitable for more experienced traders. Various payment methods and accounts are available, letting you choose different levels of liquidity and limits that fit your trading style and cryptocurrency trading knowledge.Read full review
Copy trading feature
Globally recognized brand
Various payment methods
eToro is the best Bitcoin trading platform for US traders who want robust tools and an easy user experience. Its groundbreaking copy trading feature allows beginners to imitate the success of profitable traders, which can be helpful for learning the ins and outs of the trade.Read full review
Thorough KYC policy and verification
CoinMama is the best trading platform for Bitcoin enthusiasts who want a sleek design and fast transactions. You can quickly purchase Bitcoins and other cryptocurrencies after you verify your account and get as high as $30,000 daily in purchase limits. You can also benefit from the platform’s affiliate program offering a 15% commission on referral purchases.Read full review
Changelly is the best platform to buy Bitcoin anonymously, thanks to its no-verification feature that allows for faster transactions. Debit and credit card purchases are available. You can buy and exchange digital assets without lengthy verification processes, and you can enjoy a flat 0.5% fee every time you exchange cryptocurrencies.Read full review
We evaluated these platforms based on different criteria. Bitcoin trading is a lucrative yet risky venture, so we made sure to select only the best Bitcoin trading platform options in 2021.
To do that, we reviewed the following:
Ease of Use.
We checked each platform’s user-friendliness. The best cryptocurrency exchanges are those that are intuitive and easy to navigate, which is important to avoid losses and mistaken trades.
Hacks and cyber attacks are the number 1 enemies of cryptocurrency platforms. We checked each platform’s security features and cryptography to ensure you won’t be a victim of any such attacks.
Day trading in general is done at super-fast speeds. Here, we checked each platform’s transactional speeds to find the best Bitcoin trading platforms for day trading professionals.
Like in many financial ventures, limits exist in cryptocurrency trading in terms of deposits, withdrawals, and trades. We checked each platform’s crypto and fiat withdrawal limits to give you a fuller picture of the trading experience you can expect.
Unexpected things can happen in the course of trading. We also checked how customer support and services perform in helping traders overcome occurring challenges.
Over-the-counter (OTC) markets are notorious for charging low fees and charges. However, different exchanges impose different transactional and trading-related fees. Digital assets’ pricing also fluctuates a lot, so we checked which platforms have the most stable pricing structures.
Bitcoin trading sites also have different reputations in terms of platform efficiency. Some of them are globally recognized, with millions of users, while others are prone to attacks and security breaches. We listed only the best and most reputable trading exchanges.
Coinbase is one of the best Bitcoin websites due to its sheer size, boasting 30 million customers from over 100 countries. You’ll love it if you like simplicity and an easy user experience.
You need to create either an Individual or Business account. Provide your email, phone number, and a valid ID (driver’s license or passport). Link a payment method, and you can start using this digital currency exchange.
This cryptocurrency exchange’s user-friendly interface lets you buy and sell cryptocurrencies within minutes. Its clean design makes for easy navigation and lets you find the right tools without too much effort.
You can pay via bank transfers, credit/debit cards, and PayPal. Unlike other traditional Bitcoin trading sites, Coinbase accepts fiat currencies, and it’s one of the most liquid exchanges around. You can upgrade to Coinbase Pro to access advanced charting and trading tools.
Moreover, Coinbase boasts an insurance policy to cover losses and high levels of security trusted by institutional investors.
Fees are tricky, however, since costs are different among regions and depend on transaction sizes. Trading other cryptocurrencies apart from major ones is also limited.
Kraken has the best Bitcoin trading platform if you value security and low costs. It keeps most of its currencies offline, and its transaction fees are some of the lowest.
To get started, sign up for an account and complete their four-tiered verification, which ranges from providing your name and email to government-issued IDs and current living address.
This low-fee Bitcoin exchange also boasts an easy user experience, offering simple, intermediate, and advanced templates for beginners and professionals. iOS and Android apps are also available.
You can deposit in any of the cryptocurrencies that Kraken supports. Deposits and withdrawals are made through wire transfers, SWIFT, SEPA, and domestic transfers.
In terms of trading, Kraken allows trading in fiat currencies, and it’s the best way to trade Bitcoin for euro traders since it sports the highest trading volume in that currency.
Kraken supports 40 different cryptocurrency investments, including Bitcoin Cash, Ethereum, and Litecoin. Traders who trade below $50,000 in monthly volume pay 0.16%-0.26% fees, and costs get lower the higher you trade.
Gemini ranks among the most reputable Bitcoin exchanges around. It serves as a digital asset custodian for both individual and institutional investors and is regulated by the New York State Department of Financial Services.
To create an account, you must provide your name and email and set up two-factor authentication. Add your bank details, government IDs, and proof of address. Verification takes between a few hours to a few days.
As one of the top Bitcoin exchanges in the world, Gemini sports a user-friendly web and mobile app. It’s easy to get started, make trades, and earn profits. Its mobile app is considered among the best Bitcoin trading app options around.
You can transfer funds via bank transfers, wire transfers, Bitcoin, and Ethereum, but withdrawals are via wire transfers only. All deposits are free, while withdrawal fees depend on your chosen method.
You can trade in cryptocurrency pairs, such as BTC/USD, ETH/USD, and ETH/BTC. There’s a range of tools and alerts, as well as insured Bitcoin wallet features.
Fees depend on which platform you use. For web or mobile platform trades of less than $10, the transaction fee is $0.99, and it grows as your order amount increases.
Singapore-based KuCoin Futures is the best platform to trade Bitcoin derivatives. If you’re well-versed in futures trading and interested in cryptocurrencies, this is a perfect platform.
To create an account, simply sign up on their website or app. Get the verification code and agree to their terms and conditions. Verification is optional but recommended. You must also agree with the platform’s Know-Your-Customer (KYC) policies. If you want to buy Bitcoin without an ID, this might not be for you.
KuCoin Futures is available in two versions – Lite and Pro. Lite is for beginners and Pro is for more experienced investors. Both are easy to use and offer a range of tools for trading.
Like many popular Bitcoin exchanges, the platform’s payment methods include wire transfer, debit/credit cards, and PayPal.
You can use fiat currencies to buy over 200 cryptocurrency investments that are available to trade worldwide. Leveraged trading is also available. Verified accounts have no withdrawal or trading limits.
KuCoin fees include trading fees and settlement fees, and there are deposit or withdrawal fees. Trading fees are at 0.10%, which is on par with many other trusted Bitcoin exchange platforms.
Coinbase Pro is among the most popular and best cryptocurrency trading platform options for professionals. It’s a highly secure platform that provides advanced features for savvy investors.
Like many Bitcoin exchange sites, you can sign up by providing your details and verifying your email and phone number. Provide a government-issued ID, link a bank account, and you’re good to go.
Coinbase Pro’s interface is neat and intuitive. The display shows all the necessary visuals you’ll need to trade. You can deposit easily via its dedicated Assets page, and payment methods include wire transfers, bank transfers, and debit cards.
Since it’s among the best Bitcoin marketplace brands in the world, liquidity is not a problem. Trading volumes are high, and there are 32 cryptocurrencies available to trade on the platform.
Coinbase Pro is popular for its charting functions, which make crypto-to-crypto transactions easier. Order types include market, limit, and stop orders.
Fees are a little higher for trades lower than $10,000. Still, it’s one of the best Bitcoin trading platforms for day trading for investors who have enough capital to spare because of its advanced features and functionalities.
Robinhood is the best cryptocurrency exchange for newcomers who want to invest in small amounts. It charges zero commissions and offers a simple platform that’s easy to navigate and understand.
Opening an account is free and only requires proof of identity and residency. You must link a bank account, but there’s no minimum deposit required, making Robinhood a totally free cryptocurrency exchange.
The platform is super easy to navigate. Both the mobile app and the web version are user-friendly. Investment charts and price updates are available.
The only deposit method available is through bank transfers. But that’s offset by the lack of fees on both deposits and withdrawals, making it the cheapest place to buy Bitcoin for traders with limited capital.
Advanced features include a cash management service that lets you earn interest on unused cash. Currently, there are only seven tradeable cryptocurrencies on this cryptocurrency exchange. But unlike other Bitcoin platforms, ETFs, options, and stocks are available to traders.
Trading fees are virtually nonexistent. There are fees for account transfers, checks, and broker fees, however. Margin trading is available for only $5 per month.
CEX is one of the best Bitcoin exchanges when it comes to serving up to beginners and learners. Its platform is easy to use and has anti-money laundering and KYC regulations.
To sign up: enter your email and create a strong password. Agree to their terms and conditions, and verify your account. CEX, however, isn’t available in some states.
As one of the best Bitcoin exchange options for beginners, CEX offers access to Bitcoin and other cryptocurrencies such as Ethereum. It has a user-friendly interface, secure cryptocurrency wallet features, and a mobile app and API.
CEX payment methods include fiat currencies, such as US dollar, euro, British pound, and ruble, as well as deposits via wire transfers, Visa/MasterCard, and Skrill, among others.
You can buy from $400 to $10,000 worth of Bitcoin tokens a day. As one of the fastest Bitcoin exchange platforms around, CEX allows quick withdrawals of up to $50,000.
Fees start at 0.16% to 0.25% and can get as low as 0% to 0.10%, depending on your Bitcoin trade volume.
eToro is the best Bitcoin trading platform for more advanced crypto traders, who can copy or let others copy their trading strategies.
Account opening is seamless and fully digital. You can register your account through email or Facebook. To fund your account, you must submit proof of identity and residency.
eToro offers a well-designed platform that features social trading. Its mobile app also ranks among the best Bitcoin trading platform options for Android devices. Search functions, portfolio reports, alerts, and notifications are available.
Deposits and withdrawals can be via bank transfers, credit/debit cards, PayPal, and Skrill. eToro only allows dollar accounts, and it charges a $5 withdrawal fee.
As one of the best cryptocurrency trading platform names, eToro’s most notable feature is its copy trading functions, which let you imitate successful traders’ strategies. A wide variety of cryptocurrencies are available. You can also use eToro’s secure Bitcoin wallet.
As eToro also offers CFDs and derivatives on crypto, it ranks among the best Bitcoin margin trading platform brands around.
Crypto fees range between 0.75% and 5% of the transaction amount. There’s also an inactivity fee of $10 per month.
Headquartered outside of the US, CoinMama is the most reliable Bitcoin exchange in terms of safety and speed.
To start, provide your name, password, and country. After confirming your email address, you can start buying Bitcoins. Verification requires valid IDs.
With a minimalistic design, CoinMama offers an easy trading experience. Buying Bitcoin tokens and other cryptocurrencies is simple. Payment methods include fiat currencies and Visa/MasterCard.
CoinMama is the safest Bitcoin exchange in terms of KYC and buying limits. Depending on your limit level, your daily buy limit ranges from $5,000 to $30,000. There are no custodial wallets, so you’re free to use your own cryptocurrency wallet to store digital coins.
The platform offers the most popular cryptocurrencies. An affiliate program is also available, offering a 15% commission on referral purchases.
CoinMama charges a 5.5% fee for each transaction, which is quite steep compared to other top Bitcoin mining and trading platforms. Using debit/credit cards to buy crypto using CoinMama entails an extra 5% fee.
If you want to buy Bitcoin with a credit card and no verification, Changelly is for you. It offers a fast and anonymous exchange of digital currencies at a reasonable price.
You only need to provide your email address to get started — no personal info or verification is needed.
This easy-to-use platform lets you choose from 140 different cryptocurrency investments at reasonable transaction rates. As one of the best online Bitcoin exchange platforms, Changelly promises the best trading rates at any given time.
Payment methods include debit/credit cards and crypto-to-crypto payments. Liquidity is high, so transactions are conducted quickly.
Crypto withdrawal and transaction limits do exist, though. US, Canada, and Australia traders are limited to $50 in the first transaction, $100 after four days, and $500 after seven days. For the EU and other countries, the limit is $100 on the first transaction, $200 after four days, and $500 after seven days.
Changelly charges a low 0.5% fee for all transactions, but credit card and fiat purchases are considerably more expensive.
Finding the best cryptocurrency trading platform is easier if you know what to look for. In this section, we’ll discuss the criteria exchanges should meet to be considered among the best platforms to buy crypto assets from.
Your hard-earned money is at stake, so you mustn’t invest in sketchy or questionable trading platforms. The following criteria will help you find the safest and best platform:
The best exchange for Bitcoin and other currencies should be platforms that can fight hacking attacks, as digital currencies reside online. Thus, privacy is a top priority for the Bitcoin network and the crypto community.
Steep buying and withdrawal limits tell you how much you can spend and earn per transaction. This protects the system from being manipulated and breaking down due to extremely high trading volumes.
This refers to how fast you can exchange crypto assets for another type (or for cash). Generally, high liquidity is great for traders who make several transactions per day.
The best peer-to-peer exchanges provide various payment methods to buy and sell cryptocurrencies. These methods may include wire and bank transfers, cards, and others.
This refers to how fast you can navigate and transact on the platform. The more user-friendly the platform is, the faster your transactions will be. You’ll react to price movements faster and make more profits.
The best cryptocurrency exchange brands have reasonable fees that don’t eat away at your capital. Find a platform that charges low or flexible fees to have the best trading experience.
Other criteria to consider include advanced charting capabilities, asset insurance, and automated trading functions. Advanced tools are important to ensure you make correct trading decisions. Other users search for the best robo advisor features to guide their trading.
There are different types of cryptocurrency exchanges. Finding the right exchange type that works for you means knowing the services that these exchanges offer.
The best Bitcoin trading platforms can also be classified according to how they manage their clients’ assets. As such, they can be custodial or non-custodial exchanges.
There’s generally no consensus in the crypto community on whether custodial or non-custodial exchanges are better. You are responsible for choosing the digital currency exchange that most fits your trading preferences.
Generally, however, if you have a huge trading capital and not a lot of trading experience, custodial exchanges are more suitable. You can gain knowledge of trading while the exchange keeps your funds safe.
If you have knowledge and experience in the trading industry, non-custodial exchanges may feel more appropriate, since you’ll have more flexibility in handling your funds.
The best cryptocurrency trading platform offers a combination of security, ease of use, tools, and reasonable fees. Many platforms exist, and finding the perfect one for you means learning about each of them.
Some of them offer great protection for a higher fee, while others provide flexibility in the Bitcoin network that enables you to earn some more if you want to invest in other assets, such as stocks and CFDs.
If you are inexperienced in trading and investing, you may consider other options. Some of these are choosing the best robo advisor to guide you with your investments or signing up for top IRA saving accounts with a reliable company.
Whichever you use, make sure you get the best value out of your money. Find the best platform that will help you take advantage of the lucrative asset that is Bitcoin. We hope this Bitcoin trading platform review has helped you decide on the best platform for your crypto investments.
Many Bitcoin trading platforms are safe, especially globally recognized brands like Coinbase, eToro, and Gemini. You can also increase privacy and security by securing your private keys and account anonymous from the public. Hacks and cyber-attacks are not unheard of, however.
eToro’s mobile app is considered the best all-around crypto trading app. It offers all the best functions of the web platform, such as fast transactions, easy deposits, withdrawals, and copy trading, which lets you follow the most successful traders on the platform and imitate their trading strategies.
Coinbase is considered the most secure and safest cryptocurrency exchange. You can purchase cryptocurrencies with fiat currencies on a simple yet secure platform, making it the best Bitcoin trading platform among digital asset exchanges. It has a license in New York under the BitLicense program so it implements strict KYC rules and complies with regulations.
Bitcoin is the best cryptocurrency for trading. It’s the current gold standard for digital currency investments. It’s a volatile cryptocurrency that swings up and down, a characteristic that’s perfect for traders who invest in short-term movements of assets. Other top cryptocurrencies for traders include Ethereum, Ripple, and Litecoin.