![]() ![]() 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. ![]() It also operates as a zero-commission crypto broker, which means you will only pay for the spread and nothing else. For one, eToro uses a highly intuitive and simplistic user interface that makes it possible for anyone to buy and sell cryptocurrencies instantly. Our top pick for the best Bitcoin broker is eToro due to several factors. 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. 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. AvaTrade – Best For Numerous Trade Options.Uphold – Best For Trading Between Different Assets Classes.Binance – World’s Leading Peer-Peer Crypto Exchange.Coinbase – User-friendly Bitcoin Broker.Evonax – Seamless Crypto-to-Crypto Exchange Platform.– World’s fastest-growing Bitcoin Broker.Will crypto brokers fundamentally alter the crypto ecosystem and bring in a new class of institutional investors? Only time will tell, but if recent developments offer any indication, the crypto market could be on the cusp of true mainstream adoption.Īpply to be a Binance Broker Partner today. Recently, the broker program saw a 300% quarterly increase in trading volume, signaling the present and growing demand for brokerage services. Since the launch of our broker program, our partners have cumulatively brought in a growing portion of our overall trading volume on the Binance Exchange. ![]() Over the past year, Binance’s broker program has identified over 200 crypto brokers who offer competitive crypto trading services. They’re also positioned to provide all-in-one features that resonate with institutional investors, such as advanced trading tools and data analytics that help improve trading performance.īinance recognizes the developing opportunities for crypto brokers, and seeks to prime the market for brokers who offer sophisticated trading services, as they will play an instrumental role in leading the professional development of the crypto market. Now that crypto exchanges offer more trading depth and liquidity, crypto brokers are uniquely positioned to enter and alter the crypto landscape, providing users with access to multiple exchanges, ensuring maximum liquidity for their customers. In total, the top brokerage firms hold trillions upon trillions of assets, along with millions of active accounts. When it comes to traditional financial markets, online stock brokers and prime brokerages dominate when it comes to attracting retail and institutional clients. As concentrated pools of liquidity emerge with the consolidation of cryptocurrency exchanges, the crypto market becomes fertile ground for brokerages to come in. These exchanges connect buyers and sellers-exchanges that reach scale are able to increase their liquidity, which in turn attracts yet more buyers and sellers. Today, there are hundreds of digital assets exchanges within the crypto market. As the ecosystem has grown, some of the biggest players in the crypto space have been the cryptocurrency exchanges. The crypto market has primed itself for this development. ![]() As digital assets like Bitcoin gain institutional acceptance from large players within the traditional finance industry, a clear trendline is established: There will be greater convergence between traditional and crypto financial market players.įor evidence of this convergence, one needs to look no further than 2018’s crypto derivatives boom, where outstanding growth in demand–and by extension–liquidity have attracted the kinds of stalwart institutional investors that dominate traditional financial markets. Over the past few years, the cryptocurrency market has increasingly come to resemble traditional markets. ![]()
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