Top cryptocurrency trading companies to be presented in February 2024

Top cryptocurrency trading companies to be presented in February 2024

Robinhood

When it comes to buying cryptocurrencies directly, Robinhood is an excellent choice. You’ll also be able to take advantage of Robinhood’s well-known trading commissions: even if the trade costs $0 per trade or is commission-free, it will still be subject to a margin built into the spread. If you’re interested in something other than bitcoin, you can trade stocks and ETFs for the same minimum amount. Thanks to Robinhood’s user-friendly interface, trading becomes easy, but buyers looking for a full-fledged trading platform will be disappointed.

Interactive Brokers is a stock market oriented brokerage firm.

The fees charged by Interactive Brokers, a leading broker for direct bitcoin and Ethereum trading, are among the lowest in the market. Instead of owning bitcoins directly, you can invest in bitcoin futures contracts. With all-inclusive contracts starting at $10.02 and five bitcoins per contract, this broker can also allow you to buy futures contracts on the Chicago Mercantile Exchange. In addition, Interactive Brokers offers a wide range of financial products that allow you to buy almost any publicly traded stock.

Webull

Although Webull is not as well known as its competitor Robinhood, a commission-free trading program, it offers a wide range of services, including bitcoin trading. Webull charges a spread of 100 basis points (1% of the purchase price) on both sides of the transaction, but no crypto transaction fees apply. Bitcoin, Ethereum and Cardano are among the currencies that can be exchanged. Webull is a broker worth paying attention to thanks to its mapping tools and mobile-optimized design.

Traders of TradeStation.

of this broker have several alternatives, as it has introduced direct forex trading by trading cryptocurrencies with commission-based pricing. The price is determined by the balance in your broker’s account and whether your order is subject to instant transfer or not. As a rule of thumb, the cost of your purchase is 0.05 to 0.3%. Now traders can buy and sell bitcoin futures contracts and receive significant discounts when trading volumes.

Binance.US

Binance is a specialized trading platform for buying and selling digital currencies such as Bitcoin and Ethereum, as well as hundreds of others. You’ll have access to around 60 cryptocurrencies. Binance has a simple commission structure that gets cheaper as you trade more. Trading costs start at 0.1% of the transaction amount and gradually decrease over 30 days based on your trading activity.

 

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