Bitcoin Brokers – Top Cryptocurrency Brokers Reviewed
Are you looking for a reliable broker to invest in cryptocurrency? Below, we test and review the top Bitcoin and cryptocurrency brokers ranked by fees, platform, regulation and usability.
Donโt invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldnโt expect to be protected if something goes wrong.
If you want to buy Bitcoin online, you will need to use a cryptocurrency or Bitcoin broker. The process is super-easy, and merely requires 10 minutes of your time. Simply open your Bitcoin account with your chosen Bitcoin broker, deposit funds, and that’s it.
With that said, knowing which cryptocurrency broker to sign up with is no easy feat, as there are now hundreds to choose from. In this article, we explore the best 12 brokers to buy Bitcoin in 2024. We explain key metrics such as the broker’s regulatory status, supported payment methods, tradable coins, and minimum deposit.
Our Recommended Bitcoin Brokers for November 2024
If you don’t have time to read through our top Bitcoin broker picks, we would suggest opting for eToro. The brokerage platform allows you to buy Bitcoin with PayPal and other methods, such as a debit/credit card, Paypal, Skrill, or a local bank transfer. Fees are also competitive.
So now that you know what to look out for when choosing a Bitcoin broker, you’ll be sure to find a platform that best meets your long-term investing goals. However, if you don’t have time to perform your own research, why not consider the merits of the recommended brokers listed below? Each broker meets our strict set of requirements, such as holding at least one tier-one regulatory license, low fees and commissions, high trading volumes, and heaps of everyday payment methods.
Compare Bitcoin Brokers & Exchanges
1. eToro – Best Overall Bitcoin Broker
Our top pick for the best Bitcoin broker is eToro due to several factors. For one, eToro uses a highly intuitive and simplistic user interface that makes it possible for anyone to buy and sell cryptocurrencies instantly.
In terms of fees, eToro charges a low deposit fee of 0.5% for all supported payment methods, including bank wire transfer, credit/debit cards, Neteller, Skrill, PayPal, Trustly, and several others. The minimum deposit requirement for trading on the platform is $50.
This means that your details and funds are safe. eToro has never been privy to a system hack as it employs some of the strictest security protocols to ensure that no malicious attack steals users’ funds or details.
eToro’s super-powers lie in its CopyTrade and CopyPortfolio functionalities. Operating as a social network for traders, eToro lets new users copy the successful traders of more advanced investors according to the amount they invest.
This has the dual benefit of ensuring profit maximization as well as mitigating potential losses. Also, the CopyPortfolio offering allows users to properly diversify their investment basket across several sectors and regions while automatically rebalancing it according to the best performing sectors.
Aside from Bitcoin, eToro also supports several other popular cryptocurrencies, including Ethereum, XRP, and Litecoin.
Update – As of 2024, the only cryptocurrencies eToro users in the United States will be able to trade on the platform will be Bitcoin, Bitcoin Cash and Ethereum.
Special Features: CopyTrade and CopyPortfolio
Demo Account: Yes
Educational Material: Loads of educational materials for new users
Fees: Low spreads
Minimum Deposit: $50
Volume: High liquidity volume
Deposit and Withdrawal Conditions: Minimum withdrawal of $50
Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. [website domain name] is not an affiliate and may be compensated if you access certain products or services offered by the MSB.
2. KuCoin – Highly Secure Bitcoin Broker
Established in 2017, KuCoin stands as a global cryptocurrency exchange with a core focus on facilitating the seamless global exchange of digital value. Its emphasis on user-friendly design, a secure registration process, and robust security measures sets it apart. The platform provides futures trading, a P2P exchange, cryptocurrency purchases via credit/debit cards, and instant exchange services. Its consistent developments and upgrades have contributed significantly to its substantial growth in recent years.
Referred to as the “people’s exchange,” KuCoin has processed a remarkable 1.2 trillion in trading volume, catering to a user base exceeding 30 million worldwide. The platform highlights technology-driven trading products and operates within its ecosystem centralized around the native token, KCS. Initially established by Michael, Eric, Top, Kent, John, Jack, and Linda, KuCoin appointed Johnny Lyu as CEO in 2020. Lyu, possessing experience in tech, internet, and e-commerce, assumed leadership when the exchange ranked 5th globally in terms of trading volume.
Regarded as the preferred choice among both newcomers and seasoned investors, KuCoin’s appeal lies in its extensive range of cryptocurrencies and offerings. For those seeking a Bitcoin broker with diverse and exciting elements, KuCoin undoubtedly stands out as a top consideration.
Regulation: N/A
Special Features: Low fee and intuitive website design
When it concerns cryptocurrencies, ensuring seamless and rapid transactions is crucial, and this is an area where MEXC prides itself. With the ability to process 1.4 million transactions per second, its trading engine stands among the fastest in the industry, despite being launched just five years ago.
Established in 2018 by a team of highly skilled banking professionals, MEXC is presently headquartered in Seychelles. Within a short span, the platform experienced rapid growth, ascending to become one of the top 20 Bitcoin brokers globally based on traded volume. Currently serving over 10 million users across more than 170 countries and regions worldwide.
The exchange stands out among the few that have encountered minimal charges and maintained a smooth regulatory compliance journey. Hosting more than 1700 cryptocurrencies, surpassing the majority of its competitors, purchasing Bitcoin through this platform proves advantageous not only for seasoned investors but also for beginners. Its user-friendly interface offers a straightforward navigation experience.
Regulation: MTR, MSB, FinCEN
Special Features: High-speed transactions and large-scale trading
OKX has successfully established a global presence, attracting a diverse user base from around the world. Since its inception in 2017, this renowned exchange has formed strategic partnerships with various blockchain projects, fostering innovation and facilitating the listing of promising digital assets on its robust platform. One of OKX’s notable strengths lies in its extensive selection of cryptocurrencies available for trading and investing, all while prioritizing the utmost security of user funds.
With a user-friendly interface, OKX offers a comprehensive range of trading tools and features designed to cater to both novices and experienced traders alike. Traders can easily access spot trading, futures trading, margin trading, and options trading through its intuitive platform. Furthermore, OKX ensures liquidity for various digital assets by facilitating peer-to-peer trading via its OTC market.
OKX places a strong emphasis on security, employing measures such as cold storage for the majority of funds, multi-factor authentication, withdrawal whitelisting, and conducting regular audits. Compliant with industry regulations, OKX actively works towards preventing money laundering and fraudulent activities, providing users with a safe trading environment.
Through its impressive track record and continuous commitment to excellence, OKX has solidified its position as a pioneering cryptocurrency exchange, firmly establishing itself as a major player in the global digital asset trading landscape, and can be an excellent option to consider for anyone looking for a safe Bitcoin broker.
Regulation: MFSA, FSA
Special Features: Jumpstart, OKX Earn
Demo Account: Yes
Educational Material: Tutorials, guides, articles, and videos that cover topics such as trading strategies, market analysis, and risk management.
Fees: 0.10% or less
Minimum Deposit: 0.000005 BTC or equivalent
Volume: High liquidity volume
Deposit and Withdrawal Conditions: 0.0004 BTC
Payment Methods: Bank transfer, some third party apps, Visa, MasterCard and ApplePay credit cards
Since its establishment in 2018, Bybit has emerged as a prominent player in the cryptocurrency derivatives exchange industry. With its headquarters in Singapore, the Bitcoin broker has gained widespread recognition and popularity among global cryptocurrency enthusiasts.
Bybit’s strong suit lies in its extensive range of trading options, including perpetual contracts, futures contracts, and options contracts, all of which offer high leverage. This diversity enables traders to explore various investment strategies and maximize their potential returns. As one of the top 5 crypto exchanges according to Coinmarketcap, Bybit has positioned itself as a comprehensive platform that caters to the needs of different types of investors. From margin trading to spot trading, users have access to a wide array of trading pairs, allowing them to diversify their portfolios and seize opportunities in the dynamic cryptocurrency market.
To entice new users, Bybit offers an attractive sign-up bonus of up to 5,030 USDT in rewards. This bonus serves as a compelling incentive for individuals to join the platform and kickstart their trading journey with a competitive edge. By prioritizing customer satisfaction and creating a positive trading environment, Bybit has demonstrated its commitment to providing attractive rewards and fostering a mutually beneficial relationship with its user base.
By combining its strong focus on security, diverse range of trading options, user-friendly interface, and attractive sign-up rewards, Bybit has established itself as a trusted and convenient Bitcoin broker for individuals seeking to navigate the exciting world of cryptocurrencies. Whether you are an experienced trader or new to the scene, Bybit provides a robust ecosystem that facilitates seamless trading experiences, making it a good option to consider while buying cryptos like BTC.
Regulation: NA
Special Features: Bybit earn, NFT marketplace
Demo Account: Yes
Educational Material: Dedicated social media channels for educating investors, tutorials, guides, articles etc.
Fees: 0.1% to 1%
Minimum Deposit: 0.1% to 1%
Volume: High liquidity volume
Deposit and Withdrawal Conditions: 0.001 BTC or equivalent
Payment Methods: Credit/Debit Card Payment, Fiat deposit, Third-Party Payment, or P2P Trading
Huobi is one of the world’s largest Bitcoin brokers, originally based in Beijing but now headquartered in Singapore. This broker accepts both ICO tokens and digital currencies and focuses on the Blockchain economy’s future development.
The main Huobi Pro exchange holds over 100 leading cryptocurrencies on its platform. Registered users can easily pick their desired cryptocurrency pairs and trade them on the platform.
The Huobi website, like many others, is simple to use and strikes a good balance of functionality, visual appeal, and elegance. Within the trading interaction, there are appropriate price feeds, charting tools, and market depth data that are structurally organized.
This leading Bitcoin broker provides many types of orders to be executed on its platform, including market order, limit order, and stop-limit order.
Margin trading in Bitcoin (BTC) is also supported on Huobi, with 5x leverage and a 0.1 percent fee for 24 hours. Huobi offers a variety of robust security mechanisms to protect users’ accounts, such as 2-factor authentication, which is available for both SMS and Authenticator apps.
Flash Trade is among Huobi’s most innovative features, combining an order book, a chart index, and a market chart. The Flash Trade allows users to experiment with real-time trading volume, which is especially useful during moments of high volatility. There have been no reports of hacking or data leaks among Huobi users.
The exchange offered to help other smaller Bitcoin exchanges that had previously been hacked, such as Bitmart in December 2021, enhance their security protocols. Although Bitcoin cannot be staked, Huobi provides crypto staking on a variety of other coins and tokens for greater annual output.
Crypto.com was established in 2016 with the goal of meeting the requirements of the clients with its one-of-a-kind package of cryptocurrency-related financial products.
Promoted in advertising by actor Matt Damon, Crypto.com exchange now operates in over 90 countries and has a user base of more than 10 million people, popular as users can earn interest on crypto on the platform.
This Bitcoin broker displays a variety of investment options to every investor, including crypto trading, staking, NFTs, and much more. Apart from Bitcoin, it offers over 250 different currencies, reasonable fees, and reasonable discounts to users who own a substantial amount of Crypto.com Coin (CRO).
Crypto.com’s mobile app, which is available for free download on both Android and iOS devices, is easily accessible to all of its users. If you’re accustomed to trading stocks via a mobile app, the experience should be simple and intuitive. Apart from it, if the total monthly trading volume is less than $25,000, users must pay only 0.4 percent of fees on their trades.
It provides cryptocurrency credit cards, cryptocurrency wallets, and an NFT marketplace. Users can also stake their cryptocurrency or keep it in a Crypto.com wallet for a specified period of time to earn up to 14.5 percent interest.
Crypto.com protects its customers’ accounts from hacking and security failures by employing advanced security measures such as two-factor authentication (2FA) and whitelisting. This platform employs rigorous regulation and supervision and stores user deposits offline in cold storage to protect them from hacks or external cyber-attacks.
Regulation: N/A
Special Features: Ease of use, low fees, and a good collection of coins
Demo Account: N/A
Educational Material: Strong in this department
Fees: 0.04% to 0.4% maker fees, 0.1% to 0.4% taker fees
Minimum Deposit: $1
Volume: High trading volume
Deposit and Withdrawal Conditions: One can only transfer money to one’s fiat wallet by means of a bank transfer; no cash deposits are accepted by Crypto.com
Payment Methods: Bank Transfer, Credit Card, Debit Card, Crypto Transfer
Libertex has over two decades of offering financial investment services and is one of the top Bitcoin brokers in the industry. It offers different user-specific platforms, including the Libertex web trader for new users and the MetaTrader 4 (MT4) platform for more advanced investors.
In terms of supported assets, Libertex is very picky and only offers access to 250 tradable assets, including exchange-traded funds, CFDs, stocks, cryptocurrencies, FX currency pairs, and commodities. Each supported financial asset comes with a maximum leverage of 30:1, allowing users to increase their expected returns on investments reasonably.
Like other top brokers, Libertex is regulated by the CySEC and offers loads of everyday payments, including credit/debit cards, wire transfers, and e-wallet solutions or international bank transfers. Users also enjoy free deposits, and it has a low minimum deposit of 100 EUR.
The signing up process is seamless, and like all regulated brokers, new users are required to complete a KYC process. This usually takes little time and can be completed on the Libertex platform. Users will need to upload a copy of their driver’s license or government-issued ID card and a recent copy of their utility bill or financial statement to get started.
Regulation: CySEC
Special Features: 2000+ financial instruments – including dozens of crypto pairs
Demo account: Yes
Educational Material: Doesn’t offer much in the educational department
Fees: No trading commissions, Average spreads, free deposits and withdrawals
Minimum deposit: $100
Volume: Good trading volumes on its CFD and forex products
Deposit and Withdrawal Conditions: $100 if your balance exceeds this
Payment methods: Credit/debit card, e-wallets, bank transfer, Giropay, Trustly
Evonax is a popular Bitcoin exchange that facilitates the seamless swap of cryptocurrencies. It supports over 18 cryptocurrencies, including Bitcoin, Ethereum, Dash, Litecoin, and 14 others. One of the key benefits of using
Evonax is that it is anonymous in that it does not require users’ details before they can exchange digital currencies for cash. The platform isit is free to use, and you can get started in as little as 5 minutes. Before transacting on the exchange, users are given personalized wallets secured with SSL encryption.
However, Evonax is not regulated by any known global body as it operates mainly as a non-custodial exchange, meaning it does not store users’ funds. One of the key drivers of interest in Evonax has been the conversion fee.
The anonymity-focused non-custodial exchange only charges a small miner fee for the coins you want to swap into.
In addition, Evonax has great customer support and this may be the only time you will need to put your details.
Reaching out to the support team usually takes 1 business day and you will need to input your email address for feedback for any questions you have. Meanwhile, this might not be necessary as Evonax has a self-explanatory FAQ section to answer pressing questions.
Regulation: None
Special Features: Anonymity and free to use
Demo Account: No
Educational Material: Not explicitly stated
Fees Free
Minimum Deposit: Not stated
Volume: Reasonable liquidity
Deposit and Withdrawal Conditions: All transactions are conducted on the personalized wallet
Payment Methods: Fiat payment method
Pros
Ensures transactions done on the exchange are anonymous
Since launching in 2012, Coinbase has become the most popular Bitcoin broker USA due to its top-notch attention to user-friendliness. It is a favourite spot for those looking to gain exposure to cryptocurrencies for the first time.
Coinbase has quickly established itself as a top Bitcoin broker based in the US due to its high liquidity and is second on the world’s largest crypto exchange list behind Binance. Coinbase operates a tiered crypto exchange structure depending on the user.
Aside from the beginner-friendly Coinbase platform, the company also operates a Pro variant that caters to more sophisticated retail clients. Then there is a custodial arm called Coinbase Custody that serves as a cold storage unit for companies interfacing with digital assets. The Coinbase Prime is the Pro version for institutional clients and comes with more sophisticated research and charting tools.
Like several others, Coinbase supports multiple deposit and withdrawal methods, including bank wire transfer, debit cards, PayPal, Faster Payments, and several others. However, it charges variable deposit and withdrawal fees depending on the option a user picks.
Regulation:FINRA
Special Features: Offers over 50 altcoins support
Demo Account: No
Educational Materials: Not strong in this department
Fees: Variable pricing systems
Minimum Deposit: As low as $2
Volume: High liquidity
Deposit and Withdrawal Conditions: Instant withdrawal options on particular options
Payment Methods: Bank account, debit card, PayPal, Faster Payments
11. Binance – World’s Leading Peer-Peer Crypto Exchange
Binance is a cryptocurrency exchange founded in 2017, and it has the reputation of being the world’s foremost crypto exchange platform. Apart from having crypto assets, it also has an academy, its native cryptocurrency called Binance Coin (BNB), its own issued stablecoin (BUSD), and a smart contract network known as Binance Smart Contract (BSC).
In addition, the platform also has a Launchpad and many other innovations that make it enjoy huge traffic, making it one of the top Bitcoin exchange platforms. The firm is licensed in West Africa, South America, Australia, New Zealand, Western and Northern Europe. The company enjoys a whopping 2 billion average daily volume of trade.
The Binance Smart Contract (BSC) is a far cheaper alternative to Ethereum (ETH), and this has attracted many users to the platform. Binance does not charge deposit fees, but a small fee is charged for withdrawals. The exchange also has a plethora of cryptocurrencies available coupled with a wide range of trading pairs.
Regulation: Seeking license in Singapore
Future trading: Yes
Demo Account: No
Educational Material: Plenty of resources
Fees: 1% withdrawal on EUR, 0 for USD
Customer base: Over 3 million users
Minimum Trade: $10
Volume: High liquidity
Deposit and Withdrawal Conditions: Free deposits, withdrawal attracts a small fee
Payment Methods: Bank transfer, Credit cards, Debit cards, plus other methods
Another great addition to our list of the best ways to buy Bitcoin is AvaTrade. It’s a traditional stock trading platform that has recently expanded to include cryptocurrencies. Since crypto remains a novel concept for many platforms traditionally focused on stock trading, AvaTrade emphasizes educational support for crypto traders.
AvaTrade
This educational approach means that when users access the platform, they are presented with a wealth of information primarily aimed at educating them about cryptocurrencies. However, this focus on education does not detract from the quality of the Bitcoin trading facilities available on the platform.
AvaTrade is globally regulated by multiple authorities, including CySEC, ISA, FFAJ, IIROC – Friedberg Direct, FSCA, ASIC, CBI, and ADGM/ACRA. This extensive regulation underscores its secure and standardized approach to trading. Additionally, AvaTrade supports Bitcoin trading across various platforms such as MT4, MT5, WebTrader, and AvaTradeGO.
The platform is also equipped for trading crypto CFDs, offering leverage options up to 20:1. Features like Trading Central and AvaProtect make this broker exceptionally practical. Moreover, new users can benefit from a free demo trading account, allowing them to refine their trading strategies before entering live markets.
Regulation: Regulated by the Central Bank of Ireland
Future trading: Yes
Demo Account: Yes
Educational Material: Plenty of resources
Fees: Based on Buy/Sell (Bid/Ask) spread
Customer base: Over 400,000 users
Minimum Trade: $100
Volume: High liquidity
Deposit and Withdrawal Conditions: $0 for basic withdrawals; KYC is required
Payment Methods: Bank transfers, Credit cards, Debit cards, plus other e-payment solutions
Trading CFDs and FX Options entail risk and could result in the loss of your capital.
What to Look for in a Bitcoin Broker
With heaps of Bitcoin brokers now active in the online space, knowing which platform to sign up with can be challenging. No-two brokers are the same, so you need to think about what your priorities are. For example, are you looking for cryptocurrency exchanges that accept e-wallets, or are you more concerned with low trading fees?
Either way, below we have listed the most important factors that you need to look out for prior to choosing a cryptocurrency broker.
Licensing
Did you know that the vast majority of Bitcoin and cryptocurrency brokers operate in an unregulated manner? While in most cases this shouldn’t be an issue per se, we would suggest sticking with brokers that hold a license from a tier-one body. Think along the lines of the UK’s Financial Conduct Authority (FCA) or CySEC in Cyprus. All of the brokers listed on this page are regulated, so rest assured that your funds are safe.
Supported Cryptocurrencies
If you’re only looking to buy and sell Bitcoin, then you’ll have no problems locating a suitable broker. However, what happens if you want to buy Ethereum and invest in other cryptocurrencies like Ripple, or Bitcoin Cash? Crucially, you need to check the broker’s website prior to signing up to see what cryptocurrencies they allow you to buy and sell.
Meanwhile, if you are looking out for a good alternative to all the Bitcoin brokers that have been mentioned in this guide, try P2B. For more information, read our P2B review.
Payment Methods
If you’re looking to buy cryptocurrencies for the very first time, you will need to use a broker that supports fiat currency. At a minimum, this typically includes support for a bank transfer. With that said, it’s far easier to use a debit/credit card or e-wallet, as you’ll be able to instantly buy Bitcoin with a credit card.
Trading Fees and Commissions
Bitcoin brokers are in the business of making money, so you’ll need to pay a fee when buying and selling cryptocurrencies online. In the vast majority of cases, this comes as a trading commission. For example, if you wanted to purchase $500 worth of Bitcoin and the broker charges 1.5%, you’ll end up paying a commission of $7.50. Stick with low fee brokers to reduce your trading costs.
Leverage and Short-Selling
If you’re planning to apply leverage to your cryptocurrency trades, then you’ll need to use a CFD broker. In doing so, you’ll also have the ability to short-sell Bitcoin. This means that you will make a Bitcoin profit if the price goes down.
Minimum Deposit and Withdrawal Fees
Some cryptocurrency brokers install a minimum deposit amount. You should check this before joining a new broker to ensure that it meets your budget. Similarly, you also need to check whether a withdrawal fee is charged. This is likely to be the case if you are planning to withdraw your profits back to a debit/credit card.
Trading Volumes
If you’re looking to buy and sell cryptocurrencies online, you’ll need to use a broker that is home to high levels of liquidity. This will ensure that you are able to trade at competitive market prices. If your chosen Bitcoin broker doesn’t have sufficient trading volumes, you might struggle to sell your coins.
Customer Support
You also need to explore what the cryptocurrency broker’s customer support team is like. For example, check to see what hours you can speak with an agent, as well as the types of support channels offered (live chat, telephone, etc.).
Note: If you’re simply looking to buy Bitcoin and store it long-term, you should choose a provider that allows you to withdraw coins out. In this sense, a CFD broker will not be suitable, as you won’t own the underlying asset.
eToro allows you to buy and hold the underlying asset in a free Bitcoin wallet. If you decide to diversity into other coins, some cryptos can earn you passive income in the form of staking rewards. You can stake Ethereum (ETH), Cardano (ADA) and Tron (TRX) on eToro.
Cryptocurrency Brokers – Final Thoughts?
Knowing which cryptocurrency broker to buy Bitcoin from can be challenging, not least because there are hundreds of platforms active in the space.
With that said, we hope that you now have a firm grasp of the many factors that you need to look out for prior to parting with your cash. This includes factors like regulation, trading volumes, payment methods, fees, commissions, and supported coins.
If you don’t have time to research a broker on a DIY basis, we’ve also listed our top Bitcoin brokers of 2024. At the forefront of this is eToro, as the broker is ideal for newbie traders, allows you to buy cryptocurrencies easily.
Regardless of which broker you decide to sign up with, just make sure that you understand the risks of investing in cryptocurrencies.
FAQs
What Is a Bitcoin Broker?
A Bitcoin broker is a platform that facilitates the seamless buying and selling of the foremost decentralized currency. However, it is not only focused on Bitcoin and often enables the purchase and sales of several other popular cryptocurrencies.
Do You Need a Broker for Bitcoin?
This entirely depends on you and how experienced you are with cryptocurrencies. For now, cryptocurrencies are still highly complex transactions, and many users have lost fortunes due to the knowledge gap. If you are planning to buy Bitcoin or any other virtual currency for the first time and have no prior knowledge on how to do it, we recommend using a Bitcoin broker to do so.
Who Is the Best Broker for Bitcoin?
Making a designation on who the best Bitcoin broker is is a tough call as each Bitcoin broker comes with unique features, offers, and functionalities. However, we recommend using eToro due to its low-cost, secure platform and highly intuitive platform. Also, its CopyTrade functionality will ensure you make returns on your crypto investment even if you have little to no knowledge on how the industry operates.
Are Bitcoin Brokers Safe?
This depends on whether or not your chosen Bitcoin broker is regulated. If it isn’t, you should avoid it at all costs. Crucially, most of the cryptocurrency brokers listed on this page hold at least one license with the likes of the FCA, CySEC, or ASIC.
What Payment Methods Do Bitcoin Brokers Support?
If you’re using a cryptocurrency broker that supports fiat currency deposits, then this should include a bank transfer or debit/credit card. Some brokers even support popular e-wallets like Paypal, Skill, and Neteller.
Can I Buy Bitcoin anonymously From a Bitcoin Broker?
Usually irrespective of whether or not the cryptocurrency broker is regulated, if you’re looking to use fiat currency to invest you will need to have your identity verified. As such, you’ll need to upload a copy of your passport or driver’s license. Unless using a simple in-browser platform such as Changelly.
What Is the Minimum Deposit Amount at Cryptocurrency Brokers?
This will vary from broker-to-broker. You can deposit just $50 with some of the Bitcoin brokers that have been recommended on this page.
Do Cryptocurrency Brokers Allow You to Apply Leverage?
If you’ve got a higher appetite for risk and thus - you wish to apply leverage, you will need to use a CFD broker that supports cryptocurrencies. Certain limits will apply if you are a retail trader.
Kane holds academic qualifications in the finance and financial investigation fields. With a passion for all-things finance, he currently writes for a number of publications in the online space.
Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. Note that the content on this site should not be considered investment advice. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence. This website is free for you to use but we may receive commission from the companies we feature on this site.
Crypto.com was established in 2016 with the goal of meeting the requirements of the clients with its one-of-a-kind package of cryptocurrency-related financial products.
