Today Bitcoin trading is more popular than ever, following the end of 2018’s long bear market, and renewed enthusiasm for the health of the cryptocurrency market.
We’re going to provide analysis of the best places online to trade Bitcoin today, using metrics such as the fee structure of each platform, the ease of use, the technical performance of the platform, and the reputation the platform has.
PrimeXBT
PrimeXBT is one of the world’s leading Bitcoin trading platforms, providing not only professional tools and a polished interface, but also some of the lowest fees in the industry, as well as the highest leverage possible.
PrimeXBT provides traders with Bitcoin margin trading, with a maximum of 100x leverage being possible, and margin trading on traditional asset such as forex, commodities and stock indices with leverage of up to 500x being available.
The platform’s fees are significantly lower than many other platforms at just a flat rate of 0.05% across all trades, and traders also have the ability to generate income from PrimeXBT’s 4-tier referral program.
The top 3 referrers have made $1 million in rewards over the past year, and those involved in the program get payments for the referrals of 4 levels deep of their referrals, not just those they directly sign up.
Binance
Binance is a major cryptocurrency trading platform that is based in Malta and that lists a wide range of different cryptocurrencies for users to trade.
Binance offers leverage of up to 3x on cryptocurrencies, which is low compared to PrimeXBT’s 100x maximum, but better than nothing.
Binance has recently worked to incorporate a decentralized exchange into its systems, and also provides a platform for new cryptocurrency projects with it’s Binance Launchpad IEO.
In Summary: Best Places to Trade Bitcoin Online in 2020
While there are literally hundreds of different platforms to choose from to trade Bitcoin, many of those provide substandard services.
We found that these Bitcoin trading platforms went further to build tools which would help traders to become and remain profitable.