Here is our list of the best Bitcoin brokers and exchanges. It is based on our own experience and on the reviews and feedback of our users.
eToro has the biggest and friendliest community of more than 5 million traders. You can directly ask questions to experienced traders, see all their trades and strategies and also copy their best trades.
Plus 500 is one of the rare brokers listed on the London Stock Exchange. The enrollment in the Stock Exchange is a strong sign of their positivie long term strategy of being an open and trustful company. CFD Service. Your Capital is at risk.
easyMarkets offers a unique feature “dealCancellation” where you can cancel any losing trade within the first 60 minutes and recover all your losses.
Coinbase is recognised as one of the most popular exchanges for buying, selling and storing Bitcoin, Ethereum and Litecoin. It has a very user-friendly interface.
Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchage, trusted by more than half a million traders.
On LocalBitcoins.com you can trade Bitcoins for traditional currencies through person-to-person trades. People prefer to buy and sell Bitcoins here because it allows for fast transactions and more diverse payment methods.
Bitcoin can be easily bought at any of the exchanges listed below. Once Bitcoin has been bought for regular currency (EUR, USD, GBP etc.), it can be stored on the exchange itself or in your own secure wallet.
For small purchases of Bitcoin, buyers can store their assets on the exchange for ease-of-use. For larger purchases, it is recommended that the funds are moved into a secure wallet, which is a harder process. Alternatively, the easiest way is to trade Bitcoin through a CFD trading exchange such as eToro.
The process of buying Bitcoin through an exchange is simple. First register an account with the exchange, deposit euro or dollars and buy Bitcoin through the platform.
Every day we hear news about new highs of the Bitcoin price. Bitcoin seems to be unstoppable, despite the critics who say that it is a bubble. If you invested 100$ in Bitcoin in 2011 you would have made $5,592,350 in profit, that's 5,592,350 % ROI. That's crazy, right?
According to Dennis Porto, a Harvard University researcher, the Bitcoin price could surpass the US$ 100,000 mark, if it continues to follow Moore’s law. Bitcoin has appreciated at an exponential rate since 2009. It has consistently been the best performing asset in the world throughout the past years. According to a prominent Wall Street strategist Tom Lee, Bitcoin is set to become the best performing currency again by the end of 2020. Lee says:
“I think Bitcoin is an asset with potential for huge institutional sponsorship coming. It has a lot of characteristics that are very similar to gold that I think will make it ultimately attractive as an alternate currency. It’s a good store of value".
So as you can see, there is still a lot more room for the Bitcoin to grow.