Cryptocurrency Brokers
The term "cryptocurrency broker" can sometimes be used interchangeably with "cryptocurrency exchange." While there are some subtle differences, for our purposes, we'll focus on platforms that allow you to buy and sell cryptocurrency. Here are ten of the top cryptocurrency brokers/exchanges, keeping in mind that the "best" one for you will depend on your specific needs and priorities:
Coinbase: A popular and user-friendly platform, especially for beginners. Offers a limited number of cryptocurrencies but is known for its ease of use and security.
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Coinbase cryptocurrency broker
Robinhood Crypto: Another user-friendly platform that integrates with the popular stock trading app Robinhood. Offers commission-free trading of a limited number of cryptocurrencies.
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Robinhood Crypto
Gemini: Known for its high security standards and focus on regulation. Offers a wider selection of cryptocurrencies than Coinbase and Robinhood Crypto.
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Gemini cryptocurrency broker
Binance.US: The US-based version of the world's largest cryptocurrency exchange Binance. Offers a wide variety of cryptocurrencies and trading features, but can be more complex to use for beginners.
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Binance.US cryptocurrency broker
Kraken: A well-established exchange known for its security and liquidity. Offers a good variety of cryptocurrencies and margin trading for experienced traders.
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Kraken cryptocurrency broker
eToro: A multi-asset platform that allows you to trade cryptocurrencies, stocks, ETFs, and CFDs. Offers a user-friendly platform and social trading features.
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eToro cryptocurrency broker
Webull Crypto: Integrated with the online brokerage Webull, offering commission-free trading of a limited number of cryptocurrencies.
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Webull Crypto
Fidelity Crypto: A new offering from the established brokerage firm Fidelity Investments. Offers a limited number of cryptocurrencies but may appeal to investors who trust the Fidelity brand.
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Fidelity Crypto
Interactive Brokers Crypto: A platform geared towards experienced traders, offering a wide variety of cryptocurrencies and margin trading.
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Interactive Brokers Crypto
Charles Schwab Crypto: Another new offering from a major brokerage firm, Charles Schwab. Currently offers limited functionality but may expand its offerings in the future.
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Charles Schwab Crypto
Remember, this is not an exhaustive list, and there are many other cryptocurrency brokers/exchanges available. It's important to do your research before choosing a platform to invest in cryptocurrency. Here are some things to consider: