The 11 Best crypto trading platform to Buy Bitcoin
Crypto.com
Crypto.com is one of the best places to start your crypto endeavor, especially if you plan to have CRO, your native token.
This uses the conventional maker-taker model for crypto trading. Fees are discounted based on your CRO participation.
For example, an investor without a CRO will pay a commission of 0.4%. Conversely, one with 50 million CRO shares would not pay a penny. In between, there are various trading levels that discount the fee according to your CRO stock.
Crypto.com also has a self-custodial multi-cryptocurrency wallet. These wallets are arguably the most secure and rely on the user’s ability to securely hold private keys.
Crypto.com supports buying, selling and earning and has its own crypto credit cards with many other schemes for Spanish crypto enthusiasts.
Binance
As of this writing, Binance is the largest best crypto trading platform by daily trading volume. Consequently, you can expect excellent service and access to many cryptocurrencies.
Regarding fees, you pay nothing for peer-to-peer (P2P) trading if you pay in euros. And the fee is capped at 0.1% for spot trading.
And just like Crypto.com, you pay a discounted rate if you pay in its native token, Binance Coin (BNB). These charges also decrease as one ranks up by trading more.
In addition, Binance supports staking and lending, has crypto savings plans for stable earnings, its own crypto mining pool, automatic investing, and many more exciting features that make it perfect for buying Bitcoin.
Coinmama
Coinmama is a premium option with less crypto in its kitty. They currently offer BTC, ETH, LTC, BCH, ETC, XTZ, ADA, etc.
Like Binance, the transaction fee is reduced for high volume traders. The maximum fees for purchase and sale transactions are 5% and 3.9%, respectively.
Finally, Coinmama promises no hidden fees, high spending limits (up to 30,000 USD) and instant delivery for its users.
Coinbase
Coinbase is one of the biggest names in the crypto exchange arena, currently ranking third by daily trading volume.
They charge transaction fees on the higher side of the spectrum like 0.4% (maker) and 0.6% (taker).
In addition to regular trading, they offer gambling, lending, a Coinbase card, and a few more schemes to get the most out of cryptocurrencies.
Plus, you can have your own custodial wallet for top-notch security. In addition, Coinbase ensures the storage of more than 98% of the funds in cold rooms, without Internet access.
Bitpanda
Bitpanda is for the well-rounded investor trying their hand at ETFs, stocks, precious metals, and crypto.
Like some platforms, Bitpanda offers you its debit card to easily spend cryptocurrencies and is compatible with major payment gateways such as GPay, Samsung Pay, Apple pay, etc.
Coming back to crypto trading, Bitpanda charges 0.1% maker and 0.15% receiver commission. This platform also allows for cryptocurrency staking, unlimited trading, and cryptocurrency savings plans, making it an interesting proposition among users.
Bitfinex
Bitfinex ranks sixth among crypto exchanges by 24-hour trading volume, according to CoinMarketCap.
They have their native token, UNUS SED LEO, which you can keep for lower transaction fees.
However, the fee depends on the conversion: crypto to crypto, to stablecoin, fiat, etc. Still, you won’t pay more than 0.1% from the maker and 0.2% from the taker.
In particular, all discounts for holding the starter token are adjusted at the taker fee.
In addition to regular trading, the platform offers a Bitfinex lending program, supports trading, and offers staking rewards of up to 16% APY.
KuCoin
The fifth largest crypto exchange, KuCoin, has over 600 cryptocurrencies on its shelves.
Continuing the trend, trading fees are subsidized for people paying in their homegrown token, KuCoin Token (KCS). However, the most you would be paying is a 0.1% maker-taker fee.
Also, the transaction fee is based on the trading volume of the last 30 days or KCS holdings.
In addition to this, KuCoin offers an earning program, crypto lending scheme, KuCoin mining pool and cloud mining contracts, KuCoin Win crypto lottery, etc., making it one of the top contenders for buying Bitcoin
Best Cryptocurrency trading Platforms – 2022-2023
Contrary to popular belief, investing in cryptocurrencies is not very difficult. To do this, you must register on a cryptocurrency platform, more commonly known as an exchange platform (or exchange ).
The latter looks like a stock broker, with the only difference that it specializes in crypto-assets. You can deposit euros, buy Bitcoin (BTC) , Ethereum (ETH) or other cryptocurrencies (marketing like Shiba Inu or confidential like MAN ), keep them and then resell them.
In this post we will be updating and making a brief summary of all the options presented by the different platforms so that it is easy for you to decide which is the best crypto trading platform for you.
Kraken
Kraken is an excellent cryptocurrency trading platform with high liquidity, making it the fourth largest cryptocurrency exchange, ahead of KuCoin.
At the time of writing, there were over 160 crypto assets to grab. Fees are capped at 0.16% (maker) and 0.26% (taker) based on monthly trading volume.
These fees are discounted based on the amount traded only, as Kraken does not have any native tokens.
Kraken admits to staking a fair amount of cryptocurrency, with an APY of up to 23% in some cases.
Ultimately, you can give Kraken a try if you are a die-hard cryptocurrency trader who requires a simple user interface and lots of coins to stake.
PrimeXBT
PrimeXBT gives you access to cryptocurrencies, stock indices, currencies and 100+ assets with a single trading account.
This platform comes with copy trading to ‘copy’ the successful trader for similar returns. That’s particularly helpful for newcomers to trust veterans until they learn the trade.
Also, you can allow others to follow your trades and earn commissions from them.
In addition to this, PrimeXBT supports participation to earn up to 14% annual rewards. Also, you can access the lucrative (and risky) Bitcoin leverage trading.
Minimum fees are 0.05% and increase up to 0.65% based on followers’ net worth.
Changelly
Changelly is a minimalist platform for crypto trading, catering to both single investors and large traders.
In contrast to its simplicity, it gives you access to hundreds of cryptocurrencies.
You can use your crypto exchange with a fixed or floating rate policy. The fixed rate keeps the estimate as it is for 30 seconds, while floating rates fluctuate depending on the market.
Changelly has a Pro program for traders, which charges a maximum 0.1% maker-taker fee and comes with advanced charting tools. And just like on other platforms, the fees are discounted based on the trading volume of the last 30 days.
Bit2Me
Bit2Me supports close to 130 cryptocurrencies and provides options to buy cryptocurrencies with cash through its Tikebit initiative. This means buying coupons at local retail stores that you can redeem for cryptocurrency on select exchanges.
They have a Bit2me service, intended for merchants that charge a maximum fee of 0.16% (maker) and 0.26% (taker). And like other platforms on this list, it pays less for trading more in the last 30 days.
Also, they have their homegrown B2M token, which is valuable for their “earn” program. Similar to staking, this allows you to earn for holding crypto and you get an additional 2% for accepting rewards in B2M tokens.
Finally, this is a decent platform backed by an experienced team and an excellent native multi-crypto wallet.
Conclusion best crypto trading platform
These were some of the commercial platforms to buy Bitcoin. Although we have tried to mention the trading fee, the market is volatile, as are the policies. In conclusion, check the fee at the time of the transaction.
And as a general best practice, try to store large amounts of cryptocurrency in a self-custodial wallet, or better, a hardware wallet.
PS: Trading cryptocurrencies is easy, but the hard part is the taxes. So why not make the calculations easier with these crypto tax software.