Are you taking your first steps in the world of cryptocurrencies? To become a worthy crypto trader, you will need to learn to distinguish between different virtual currencies, their use, operators, as well as familiarize yourself with transaction tools and supports. You will also need to understand the risks to avoid some mistakes that could be fatal to you. Fortunately, finance and investment specialists, such as ActuFinance, address this topic every day at the center of financial and economic news, to help investors in their choices and strategies and, in particular,purchase of bitcoins.
A cryptocurrency exchange is a market in which cryptocurrencies are bought and sold. Therefore, most of these sites allow you to exchange Bitcoins for other cryptocurrencies and convert your cryptocurrency into fiat currency. Each platform has its peculiarities and some are favored more than others according to the profile and objective of the investor.
The novice trader must, in particular, take into account certain essential criteria when selecting his tool: the reputation of the platform, the number of cryptocurrencies offered, the maximum trading fees, the ergonomics of the site, but also its accessibility.
ActuFinance, a specialist in finance and investment, compared the various popular buying, selling and trading platforms to help investors in their choices and strategies, deciphering their advantages and disadvantages. The portal also provides many services, guides, tutorials, solutions and financial advice, offering the keys to a successful investment in cryptocurrencies.
Four platforms are particularly essential:
Bitcoin Trader: great for buying Bitcoin when you are starting out
The first platform is Bitcoin Trader, a very accessible and free trading software that allows the purchase and sale of a large number of cryptocurrencies. Its main advantage? Its fully automated trading features. Indeed, it is a robot that will negotiate for you in the financial markets with the possibility of placing orders 7 days a week and 24 hours a day, according to the parameters that you have previously integrated. Ideal for beginners as they will therefore not need advanced trading experience to get started.
eToro: simplicity and demo account
eToro is one of the most used platforms in the world today. This solution allows you to buy stocks, invest in stock indices like the CAC 40, or even trade Forex. Another advantage is that it has CopyTrader technology, a system that allows beginners to invest in cryptocurrencies by copying the best traders. Very easy to use, it represents a real boost for beginners who also have access to a demo account with no time limit.
Libertex: discounted rates and many projects available
With Libertex, one of the most experienced brokers in the industry, novice investors have the opportunity to benefit from discounts on trading fees as new users and can also take advantage of many crypto projects available on the platform. So choosing Libertex also means offering you a community of more than 2 million merchants, in no less than 110 countries around the world.
Coinbase: the benchmark for exchange platforms
It is one of the most popular platforms in the United States – Coinbase is an exchange platform and not a broker like other platforms. It is present in more than 100 countries and has more than 56 million users worldwide, of which 6 million are called “regular”. Very accessible thanks to its ergonomics and intuitive interface, Coinbase is suitable for both professionals and beginners. It is very safe and accepts bank transfers, credit / debit cards and many other payment methods.
This content was produced in association with ActuFinance. 01net editorial staff were not involved in the production of this content. 01net is likely to receive remuneration when one of our readers makes a purchase through the links included in this article.