Table of Contents
In this cryptocurrency brokerage firm review we will open your eyes. 2017 was a boom in crypto trading and investiment, the feature seems to lie in crypto then. In 2018 nature took its course and crypo trading website and company became more rampart.
Minining industries was once a big deal to set up but today it will be difficult counting the number of crypto mining firm due to its larg number. The ever increasing number of cryptocurrency brokerage firm and platforms on the market today combined with the vast amount of time it takes to keep on top of the day-to-day price movements of volatile cryptocurrencies leaves many traders frustrated and time-poor.
The reason is because 70% of crypto trading and mining firm are not for your good. All hop will be lost when you dab into website of this scam brokers or mining firm. The financial regulatory authority has tried had to cub this issue but to no avail.
Because of this, the decision to trade successfully might lie on you and I’, shall we fold our hand and allow this trend to continue? the answer is capital NO, and the solution is your cooperation.
Today we will list out few recommended cryptocurrency brokerage firm trading and crypto mining firm but before we continue consider bellow first aid important.
List of cryptocurrency brokers
- Cex.io: Best among online cryptocurrency brokers, more reliable and trusted.
- Bitbay.net: Best cryptocurrency brokerage firm with low cost.
- IQ option: Best among cryptocurrency brokers with best platform.
- XM: Best and more reliable cryptocurrency brokerage firm with low minimum deposit.
What to Look out for Before Joining an Any cryptocurrency brokerage firm
It’s important to do a little homework before you start trading. Here are a few things you should check before making your first trade.
Reputation
– The best way to find out about an exchange is to search through reviews from individual users and well-known industry websites. You can ask any questions you might have on forums like BitcoinTalk or Reddit.
Fees/ charges
– Most exchanges should have fee-related information on their websites. Before joining, make sure you understand deposit, transaction and withdrawal fees. Fees can differ substantially depending on the exchange you use.
Payment Methods
– What payment methods are available on the exchange? Credit & debit card? wire transfer? PayPal? If an exchange has limited payment options then it may not be convenient for you to use it. Remember that purchasing cryptocurrencies with a credit card will always require identity verification and come with a premium price as there is a higher risk of fraud and higher transaction and processing fees. Purchasing cryptocurrency via wire transfer will take significantly longer as it takes time for banks to process.
Verification Requirements
– The vast majority of the Bitcoin trading platforms both in the US and the UK require some sort of ID verification in order to make deposits & withdrawals. Some exchanges will allow you to remain anonymous. Although verification, which can take up to a few days, might seem like a pain, it protects the exchange against all kinds of scams and money laundering.
Geographical Restrictions
– Some specific user functions offered by exchanges are only accessible from certain countries. Make sure the exchange you want to join allows full access to all platform tools and functions in the country you currently live in.
Exchange Rate
– Different exchanges have different rates. You will be surprised how much you can save if you shop around. It’s not uncommon for rates to fluctuate up to 10% and even higher in some instances
Best cryptocurrency brokerage firm
1. Cex.io
2. Videforex
3. Bitbay