6 Best Crypto Trading Brokers To Buy and Sell Crypto Online In 2023

Over 500 crypto trading brokers exist online for buying and selling crypto, each with key features and incentives for its customers.

These exchanges offer you all the resources to trade and invest in cryptocurrencies like Bitcoin, Ethereum, and Dogecoin.

In addition to providing a marketplace to buy and sell digital currencies and tokens securely, many crypto brokers offer additional crypto investment features, such as staking, lending, and digital asset custody.

Some give more rewards to active participants, some provide their traders with pro features and resources to analyse and trade the market’s high volatility, and some provide high-level security for storing digital assets like hardware and cold wallets.

Choosing a crypto brokerage will pretty much depend on your criteria :

• Do you want to trade crypto ? Or follow the trades of expert traders ?
• Do you just want to invest passively and diversify your portfolio ?
• You’re at an advanced phase and are looking for a good platform to do staking and lending ?
• Or maybe, you are searching for a safe way to preserve your cryptos in this wild jungle.

Whatever your situation, we help you choose what’s the best crypto exchange.

Binance is one of the most popular crypto trading brokers, well known for its low trading fees and user-friendly interface.

On Binance, you can trade crypto and only be charged fees as low as 0.1% or less if you’re in a higher loyalty tier. All crypto deposits and some fiat deposits (based on deposit method) are accessible on Binance.

Binance also provides expert trading features like customisable charts and technical indicators. Experienced traders can also trade derivatives like futures and options with leverage. 

Leverage trading allows you to enter the market with a much larger capital than the amount you invested, i.e. how much you stand to gain (or lose) is worth more than the money they put in.

Leverages range from 2x and up to 125x, meaning a your market position is double, or 125 times the money they initially invested. 

Once you’ve funded your account, you can invest with various earning services, like trading accounts, staking, or liquidity farming.

Binance has over 360 tradable cryptocurrencies and a dedicated NFT marketplace where you can trade one of their +1000 NFTs.

The identity verification process is quick, and you’ll need a minimum deposit of $50. Afterwards, the minimum purchase is $10 for any cryptocurrency.

eToro is a leading crypto broker known for its reliability and innovative features, making it one cryptocurrency broker for traders. It’s one of the most trusted exchanges, with strong regulation and high-level security practices like its cold storage for crypto, which stores your assets offline to protect you from hackers.

You can find trending cryptocurrencies and top gainers in the Discover section. Add iindividual coins to your watchlist to set price alerts and learn more about them in the News, Research, and Stats tab to view profits and losses.

eToro is an online social investing platform where you can interact with other traders and investors to share thoughts and analyses.

For beginner traders and investors or individuals who need more time to analyse and study the market, eToro provides the CopyTrader feature that allows you to pick a trader based on their profit and losses stats and replicate all their trades automatically.

Although the broker also has charts and tools to aid those who want to do market analysis, eToro is also suitable for beginners. It has a well-designed and straightforward interface that simplifies trading crypto.

You can select from over 70 cryptocurrencies to trade and invest in and create smart portfolios with thematic investment strategies. Besides cryptocurrencies, eToro provides access to stocks, indices, and ETFs, making it easy to diversify your portfolio.

•  eToro is simple to navigate

•  It is a Multi-asset platform.

•  Free deposits available

•  Highly secure and regulated

•  Copy trading is available for less-active traders

•  Broad payment options

•  Demo account for trading practice

•  Mobile app for greater accessibility

•  Fewer coins available to trade, unlike competitors

•  Risk of losing assets on wrong copytrades

•  Not available in a lot of countries

You’re new to crypto trading and not sure what to do.

You got some money, let’s say $500-$5000 and you’re okay to loose them. 

If you want to do trading but don’t have the skills, Etoro proposes you to imitate experts traders

On eToro, you can see what other traders are doing, what were their last performance, how many people copy them and how much risky it is to follow them.

If you find someone who’s doing really well, you can just copy what they’re doing.

You can also chat with others, share tips, and learn together.

So, for newbies who want to trade while being part of a cool community, eToro is a great pick.

WARNING : Even though social trading may seem appealing, letting experts doing the hard work, don’t forget that you can lose all your capital.

For us, social trading is like gambling, you are not in command of your money and you don’t know how it is used.

It is better to learn trading by yourself, may it be with books or courses and experience.

Coinbase is the largest cryptocurrency broker for beginner traders, with over 100 million active customers. The platform is well-known for its high-security standards and compliance with regulators, offering cold wallet storage and crypto insurance.

It is designed to be easy to navigate, making the buying process seamless. Coinbase also provides some of the lowest buying limits, allowing you to invest for as little as $2 in over 200 different cryptocurrencies.

You can see your portfolio and performance metrics displayed in your dashboard, and if there are any cryptocurrencies you want to keep tabs on, you can add them to your watchlist.

Similarly, Coinbase also teaches learners about crypto via Coinbase Learn. On Coinbase Learn and Earn campaigns, you can win free crypto by learning about a project and taking quizzes. This is an excellent way to earn crypto to start trading or invest in interest-bearing pools.

If you want in-depth trading, like market analysis and derivatives trading, the broker allows you to access charts, indicators, and other order types.

The trading fees are competitive at a 0.6% spread, and Coinbase allows a minimum deposit of $50.

•  The broker is straightforward to use

•  User-friendly

•  150+ cryptocurrencies listed

•  Buy and invest as little as $2

•  Provides educational resources through Coinbase Learn

•  Earn free crypto from Coinbase Learn and Earn campaign

•  Regulated exchange

•  Standard asset protection protocols

•  Mobile application for accessibility

•  The minimum deposit is higher than most crypto brokers

•  Some payment methods carry high fees

If you’re just stepping into the crypto world, Coinbase is a fantastic starting point. It’s incredibly user-friendly, so you won’t feel overwhelmed.

They offer a variety of popular cryptocurrencies and provide handy educational resources, perfect for getting you up to speed.

What do we love about Coinbase ? they have a section where you can learn about new projects, answer some questions and earn free crypto.

It’s not like an airdrop where you have to count on your luck. NO !

Here, when you have wrong answers, you are allowed to try again until you got all your answers right. Pretty good to star learning and earning ?

Bybit is a top crypto trading broker offering a easy-to-understand platform with over 100 cryptocurrencies.

Bybit has over 15 million registered and active customers and an average daily trading volume of $2.5 billion.

Like the other listed exchanges, Bybit offers spot, derivatives, and copy trading. Signing up is accessible on the platform and available on both web and mobile app.

The crypto trading broker emphasises derivatives and copy trading more, utilising perpetual future contracts for derivatives trading and offering leverage of up to 125x.

Bybit is also praised for giving massive rewards to active participants, making it a competitive choice among crypto exchanges. 

Indeed, Bybit offers a welcome bonus of up to $600 for new users. Just complete some easy tasks and reach trading goals after you sign up.

You’ll even get a special $50 coupon if you deposit a minimum of 0.05 BTC or its equivalent within 48 hours of joining the exchange.

• Excellent UI/UX 

• Direct crypto purchases

• Copy trading

• Strategy trading

• Regulated exchange

• High fee for direct crypto purchases

• Professional features can be overwhelming for beginners

• Accessible in the US only with a VPN

Bybit stands out of their competitors such as Binance for its professional-grade trading and matching engine.

They can proceed up to 100,000 transactions per second, which avoid you screaming at your screen because you didn’t buy at the price you wanted to (I know that feeling).

So what can you do when all that processing power ?

Trading competitions !

These contests are a big hit, attracting skilled traders from all over the world. It’s like a battleground for the best in trading, where pros show off their skills.

Winners can earn up to $2,000 ! The top 30 winners are rewarded with at least $800, without talking about how many new people can copy trade you.

Indeed, Master Traders in copy trading mainly make their money from fees applied to their followers’ earnings.

Since copy trading is automated, Bybit automatically attributes the commission to the Master Trader. On Bybit, you earn 10% on the returns your followers make.

Last but not least, there is :

• an insurance fund to cover unexpected losses,
• auto deleveraging for managing your leveraged positions,
• and both cross and isolated margin accounts for different trading strategies

Kraken is relatively new to the crypto space. Still, the broker offers a range of business-friendly offerings and access to coins and tokens like Kava, Ethereum, and, yes, even Dogecoin. 

In addition to these tokens, Kraken allows you to diversify your portfolio as much as you like. You can easily set up a business account, hold your portfolio with Kraken, and enjoy 24/7 customer support.

Kraken currently supports 215 cryptocurrencies and allows deposits in 7 fiat currencies.

There’s also the Kraken Trade Desk and Kraken Account Management for corporate clients, making this platform more straightforward for futures traders and corporate financial managers.

• Access to +230 coins.

• There are corporate account financial services that can help all sorts of institutional traders

• 24/7 customer support works well for everyone, irrespective of their work schedule

• Their track record ondigital security is very solid

• Because the platform is a relative newcomer, it may not have all the tools, insights, history and support that some traders prefer

• Since February 2023, staking is not available to US citizen.

Although Kraken provides tools, resources, and products for newcomers to cryptocurrency, their customer target is closer to experienced investors.

if you’re at ease with a sophisticated interface and are looking seek a variety of investment choices, Kraken delivers a comprehensive and cost-effective experience.

Kraken’s higher limit for deposits and withdrawals is also a significant advantage.

Let’s say you make a lot of money trading on Kraken, well you will be available to take back $100,000 per day (intermediate-level members) to your bank account !

In contrast, Coinbase’s limit is set at $25,000, which, while sufficient for most casual traders, may not meet your needs if you’re mananing multiple figure account.