Today’s post will cover the topic of trading, in particular, trading with cryptocurrency. Which is the best cryptocurrency trading platform out there? In this post, we have selected the top ones among the ones we have reviewed, compared some of the best-rated ones from its users and also on other benefits each one has. Ok, with that being said, let´s get into it!
Always do this before investing your hard earned money!
- Always compare and review different platforms against each other before making a decision.
- Never invest more money than you can afford to lose into trading (or any other investment at all), nothing is granted.
- If you are a beginner, pick a platform that allows you to “train” with a demo account with “play money” until you feel comfortable trading for real.
Ok, with that being said, let´s have a look on the top 3 to see which one suits your needs the most!
P.S. If you are a complete cryptocurrency beginner then you might want to read: “How to invest in Cryptocurrency – Top 10 Tips For Beginners“
Best Cryptocurrency trading platform – Top 3 List
Below we have listed our 3 top contenders that got the best reputation online from its users and also the best overall rating on the most well-known and trusted review and rating sites online. If you want to read more about them we have linked to a full detailed review on each one of them.
Unfortunately, our nr 3 contender (BITTREX) have stopped taking on new members to the huge amount of people signing up (most likely) due to the “big awakening” in the world about cryptos lately when their worth skyrocketed in late 2017. However, the other 2 options are just as great!
Nr 1: SimpleFX Our #1 recommendation (Awarded as the best crypto trading platform on the 2017 crypto world expo)
Great place to start your trading career and/or continue and existing!
They offer step-by-step training and tutorials so you can learn and get started very fast. You will also be provided with 3 (!) demo accounts filled with $100,000 on each, so you can practice until you feel confident enough to start trading with real money.
Products: Offers a broad selection such as Bitcoin, Ethereum, Litecoin, Etc, the reason you want to pick them is that of their crypto trading benefits and low fees.
Who is it for: Beginner or experienced Cryptocurrency traders
Overall rating: (4.7 / 5)
==> Click here to read the full review on SimpleFX
Nr 2: Binance
The best option for the more advanced trader.
This platform is more “advanced” as it offers more graphs and stats for the “nerdy” trader that have been in the game for a while. Might close the doors for new members at any time as BITTEX (read below) have recently done exactly that.
Products: Also offer a wide range, such as Bitcoin, Ethereum, Litecoin, Etc, the reason you want to pick them is because of their more advanced crypto graphs and charts.
Who is it for: More experienced Cryptocurrency traders
Overall rating: (4.7 / 5)
==> Click here to read the full review on Binance
Nr 3: BITTREX (Closed for new members)
This platform does not accept any new members unfortunately, it is just like Binance a platform for the more advanced trader, offering more graphs and stats than our more beginner friendly #1 recommendation SimpleFX.
First of all, trading does ALWAYS involve risk of losing money, anyone saying different is straight out lying to you.
There are many scams out there claiming to auto-trade for you and make you a millionaire in no time. Those things never work, if they did everyone would be rich by now, right?
Also, why would they share such a “secret loophole” with you if it did actually work? They would, of course, keep such a “secret” to themselves if it did.
However, with that being said, you can absolutely make A LOT of money trading, but to increase your chances I strongly suggest that you first learn to trade, that is also why we strongly recommend that you take advantage of the free training and demo accounts offered to you through some platforms, like for example our #1 ranked option SimpleFX.
Ok, I think that sums up this post pretty good.
Just keep in mind: Please do never invest more money than you can afford to lose into trading (or anything else) than you can afford to lose. Stick to that rule of thumb and you will be just fine.
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Hope you found this short post about the best cryptocurrency trading platforms to be helpful and now you should have a better ground to stand on before deciding in what direction you will go. If you have used any of these platforms please share your experience in the comment section as it can help others make the best decision for them. Also, as always, if you got any other questions about this review I will be more than happy to answer them below!
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I wish you success!
Founder of: $tart Make $top Waste
Thank you for sharing this useful information.
Last year I was in the stock market, I learned the basics and tried, but I quickly realized that this is not as simple as it seems at first glance.
Soon I gave up, but I still think that you can earn a lot on the currency trade, and especially now on the cryptocurrency.
I gave up because of my busy schedule, and maybe I will come back when having more free time, but I just wanted to confirm what you said, and many people do not hold to it.
Always invest in the stock market as much as you are willing to lose, especially with cryptocurrency which can be very volatile. Use the knowledge that your platform provides and make sure you use the demo account for exercising.
I see that you do a good homework when reviewing platforms.
With so many scams around cryptocurrency, people really need to know which is the safest place for investing and I think that you did the right job.
Wish you all the best
Thank you! Happy that you liked the list! Means a lot to get this comment from an experienced trader like yourself!
Thanks again for your comment!
I am a beginner.I found your article more genuine and up to the point. thank you.
Great! Thank you! Happy to hear you liked the article and found it on point 🙂
Thank you for commenting.
/All the best