How to Choose the Best Bitcoin Brokers?
When looking for the best Bitcoin trading brokers out there, we suggest to take into account the following:
The Bitcoin Trading Platform
The product offered by the Bitcoin broker is a crucial aspect. A more easy to use, quick to understand and intuitive trading platform will make your life easier and will increase the chances of generating a profit.
Buying Bitcoin obviously holds risk, but also has great potential. Investing in Bitcoin using the brokers in the above table is wise as it allows for 24/7 Bitcoin trading, some offer leverage and it has the protection of regulators. These brokers also allow the option of Bitcoin trading using Paypal, Visa, Mastercard, other credit cards and other payment methods. So if you ask yourself where to buy bitcoin, the above brokers are a recommended way to invest.
Customer Service
Financial markets are highly unexpected, when you come to a decision you want to act fast upon it. The availability of a customer service in real time is quite important to the trading platform you choose. We suggest looking at the communication channels that are offered (Email, Phone, Skype or others) and choosing the best trading platform for you. When ranking the best trading platforms this is something we take into account.
Assets
Once you decide on a Bitcoin trading platform, it's time to review the tradeable assets the different trading platforms offer. From bitcoin & commodities to CFD's and Forex. You should choose the trading platform that offers to trade with the assets of your preference.
Regulation
Regulators act in many ways in order to assure the stability of the trading platforms and online brokers, the fairness of their product and other aspects of their business. In terms of user experience, regulation asks brokers to validate the sources of the funds of users for example. This might slow down your way to a trade. Still, we recommend always reviewing the different regulations and going for the more regulated brokers like the ones we specify in our rankings. This is an important factor in choosing the best trading platforms for you.