Posted by 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, bitcoin brokers platform, regulation and usability. 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 2023. We explain key metrics such as the broker’s regulatory status, supported payment methods, tradable coins, and minimum deposit.
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 2023. We explain key metrics such as the broker’s regulatory status, supported payment methods, tradable coins, and minimum deposit.
Our Recommended Bitcoin Brokers for August 2023
If you don’t have time to read through our top Bitcoin broker picks, we would suggest opting for eToro. The regulated 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, as the broker does not charge any trading commissions.
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.
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. It also operates as a zero-commission crypto broker, which means you will only pay for the spread and nothing else.
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. Minimum deposits are segmented according to a user’s region, and you will only pay a small withdrawal fee of $5.
On regulatory and safety of user funds, eToro is top-notch as it is regulated by tier-1 global bodies like the UK’s Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Industry Regulatory Authority (FINRA).