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Author Topic: Best Crypto Broker?  (Read 116 times)
Freddy11 (OP)
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February 13, 2020, 03:01:27 PM
Last edit: February 28, 2020, 08:01:02 PM by Freddy11
 #1

I have mostly used exchanges like Binance and Coinbase for Cryptos but I am interested in trading with proper broker. I like to know which the best broker for Crypto trading is.

If you guys are trading with any then please give your suggestions, I am very keen on trying it. Thanks
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February 13, 2020, 03:29:49 PM
 #2

For cryptocurrency, I see exchanges are acting as broker as well so since you were using Binance and Coinbase, you have known the best ones at the moment.

I do believe many people will have the same answer.

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OmegaStarScream
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February 13, 2020, 03:35:07 PM
Last edit: February 13, 2020, 05:18:10 PM by OmegaStarScream
 #3

Not sure what do you mean by a "proper broker" but If you're referring to Over-the-counter (OTC trading) to buy/sell large amounts, then you have Circle, Kraken OTC or ItBit.

If you just want alternatives then for Binance (crypto-crypto) then you have Bittrex and Kucoin. For coinbase (fiat trading), you can use Coinmama, or BitPanda, both support multiple payment methods.

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February 13, 2020, 04:58:57 PM
 #4

Just stick with those two. Binance's fees are decent and so is Coinbase's(if you use Coinbase Pro). Binance for altcoin trading and Coinbase for buying BTC using fiat. I don't think you're going to find significantly better exchanges outside of these two. Maybe specify what things you didn't like with these two exchanges so we could give you better alternatives that doesn't have those certain issues?

As an alternative to Coinbase though, I've heard in various communities that Jack Dorsey's Cash App is good. Don't take my word for it though, dyor.

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Mahanton
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February 13, 2020, 05:58:33 PM
 #5

Not sure what do you mean by a "proper broker" but If you're referring to Over-the-counter (OTC trading) to buy/sell large amounts, then you have Circle, Kraken OTC or ItBit.

If you just want alternatives then for Binance (crypto-crypto) then you have Bittrex and Kucoin. For coinbase (fiat trading), you can use Coinmama, or BitPanda, both support multiple payment methods.

When we do talk about "BROKER" then for sure he do try to compare it with forex brokers but here on crypto its just a typical centralized platform but all are just the same in concept.
They do just differ on coins or assets that being traded of.

On op,youre currently on the right track when it comes to trusted and reputable exchanges as of this moment.So better stick with it.

R


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February 13, 2020, 07:47:51 PM
 #6

I have mostly used exchanges like Binance and Coinbase for Cryptos but I am interested in trading with proper broker. I like to know which the best broker for Crypto trading is.

If you guys are trading with any then please give your suggestions, I am very keen on trying it. Thanks


Interestingly, I have never used Binance. I have only used Coinbase, so I from first day doing Crypto trading via a Forex broker. I don’t have any specific suggestion because you should choose it to your strength just like I have done to mine. But you can look at https://fx-list.com/, as you should find reviews of all top brokers. It should help you.
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February 14, 2020, 02:15:03 AM
 #7

I have mostly used exchanges like Binance and Coinbase for Cryptos but I am interested in trading with proper broker. I like to know which the best broker for Crypto trading is.

If you guys are trading with any then please give your suggestions, I am very keen on trying it. Thanks

Brokers generally don't offer spot trading like Binance and Coinbase.

You can trade futures products on lots of brokers like Interactive Brokers, TD Ameritrade, and E-Trade, but the number of products is very limited:
https://www.interactivebrokers.com/en/index.php?f=2222&exch=icecrypto&showcategories=FUTGRP
https://www.interactivebrokers.com/en/index.php?f=25379

The other option is CFD trading (which won't be available for US traders). eToro offer CFD markets for at least a dozen cryptocurrencies:
https://www.etoro.com/blog/market-insights/buy-cryptos-outright-or-trade-cfds-on-etoro/

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February 14, 2020, 02:51:43 PM
 #8

Binance Futures
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