Bitcoin is a virtual currency that does exist in reality. You can only store this digital currency in your digital wallet and use it to buy online goods and services. Bitcoin trading means buying and selling Bitcoins. It acts as a medium of exchange between users and investors.
Unlike fiat currencies, Cryptocurrencies are completely decentralized, eliminating the need for physical barriers such as central authority or government. Merchants and big firms already started to invest in this valuable asset due to its several advantages.
On the other hand, if you are looking to invest in Cryptocurrencies such as Bitcoins, the internet is full of Bitcoin trading platforms, and choosing the best platform can be difficult. The features of every Bitcoin platform differ, and so the security.
You must choose that platform which consists of high security, low charges, good reputation, a high number of users, and much more. Moreover, it should be compatible with your bank account so that you can trade your Cryptocurrencies easily.
What Are the Best Platforms for Bitcoin Trading In 2020?
Bitcoins are the hottest trends in 2020, and it is going to increase more in the future. According to a Major Tesla Investor, the demand for this digital asset will rise to $1 Trillion in under ten years. Nowadays, even celebrities are interested in investing in this valuable asset.
Now, let’s get back to the point; the best platforms for Bitcoin trading will help you trade your digital currencies without any worries, and these platforms are described below.
1. Coinmama
Coinmama has operated in the industry since 2013. It is one of the best Crypto trading platforms that always focus on developing the best service for the traders.
The benefits of using this platform are that it supports every payment method, including western union payments. Coinmama is a user-friendly responsive interface that is popular for its transparency in service.
Moreover, this platform promotes digital wallet for the customers and focuses on security standards. So, this can be the best Bitcoin trading platform in 2020.
2. Bitstamp
Another best Bitcoin trading platform is Bit stamp. It provides good security features and better service to its users. You can also create multiple accounts on this trading platform if you want to.
Moreover, this trading platform already has advanced tools and features to attract investors to exchange on this platform. If you are a beginner in the field of Bitcoin trading, you can use this platform because the simplicity of Bit stamp is excellent.
Since 2011, reliability is already proven, and it is offering high-performance APIs to implement your strategies.
3. Coinbase
Coinbase is one of the largest Bitcoin trading platforms in terms of volumes. Every year, there are millions of dollars traded over this platform. The major pillar of this platform for being popular in the market is its security and easy liquidity.
Furthermore, this trading platform offers a Crypto wallet where you can store your valuable assets and deposit boxes. Coinbase increases its efficiency for the users because it has a very high buying limit, and the fee is also very low.
This trading platform is very simple and easy to use. It is designed especially for the newcomers. The best part of this trading platform is that it offers several ways to buy Bitcoin.
4. CEX.IO
CEX.IO is one of the most used trading platforms for Bitcoin. More than three million happy customers on this platform have an advanced trade engine that supports order algorithms in real-time.
You can also check your transaction history and balance on this platform. It offers full data encryption to the users and various other features. Thus, this platform highlights transparency and makes it easy for all Bitcoin traders to use it.
The Bottom Line
You can also visit big money rush app for more information about the several Bitcoin trading platforms in 2020. We have tried to cover up all the best trading platforms to ensure that you feel comfortable with the crypto trades.
With that being said, we have listed down our favourites trading platforms. Which platform you liked the most, do let us know in the comment section below.
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