Whenever we hear someone make mention of cryptocurrency, the first thing that often comes to our minds is Bitcoin, right?
Sure, and that’s because Bitcoin is the first and most popular cryptocurrency on the internet. However, over the years, many exchanging platforms have since joined Bitcoin in the crypto world, and some have even proven to be of high potential come the nearest future.
We will be looking at the top 5 Bitcoin trading system for future investors. But before we go into that, let’s have a brief look at the factors to look out for before choosing any Bitcoin trading system.
THINGS TO LOOK OUT FOR WHEN CHOOSING A BITCOIN EXCHANGE PLATFORM
-
Security
When trading in crypto coins, be it Bitcoin or any other affiliate, security should be your foremost priority. Luckily for everyone, most crypto trading platforms are always security conscious, so you don’t really have to bother yourself on this.
-
Volume of Trade
Always go for trading systems that have a high volume of trading on going. This is because of the higher the trade volume, the higher the liquidity of assets, and the safer for you.
-
Prominent Trade Pairings
The best crypto trading platforms always pair top coins together like; ETH/LTC, BTC/LTC etc.
-
Transaction Fees and Payment Options
Always opt for at trading platforms with favorable transaction charges and diverse methods of payment.
-
Coinbase
Coming in as one of the most successful Bitcoin exchanging platforms, Coinbase, is presently tipped as being amongst the top global Bitcoin trading system. Founded in 2012, this platform offers unique solutions relating to security, trading pairs, payment options, and so on, with the capacity for its users to purchase the six main cryptocurrencies. All of these and more sums up to make Coinbase an ideal for future investors.
-
Bittrex
The user-friendly interface, US-based trading platform Bittrex, allows its users to trade over 190 differently paired cryptocurrencies. It is very secure in terms of fraud prevention, and operates globally, thus making it a sturdy option for future investors.
-
Bitstamp
The Bitstamp Bitcoin trading system allows its users to purchase Bitcoin using just their debit and credit card details. Additionally, it is the perfect choice for future investors because not only is the site user-friendly, but it is highly secure, sends SMS alerts to its users, and has a fair transaction rate on top of everything.
-
Kraken
Launched in 2013, this Bitcoin exchange platform provides its users with one of the safest and trustworthy trading tools ever. Even though the platform is presently offering 15 trading pairs for users to choose from, its high reputation, fair transaction charges, and a 24/7 customer support all combine to make it one of the best Bitcoin trading platform for future investors.
-
Luno
Ask about the most secured Bitcoin trading system, and you’ll probably hear about the Luno exchange platform. From the fact that it offers a simple way to trade fiat currencies for Bitcoin and even other cryptocurrencies, provides a payment system through these fiat currencies, and imposes low trading fees on its users, the Luno trading platform is the ideal platform for not only the traders but future crypto investors all over the world.
In a nutshell, when trading Bitcoin in the crypto market, always go for the top exchange platforms that are secure, have low transaction charges, comes with a high volume of trading, and supports different payment methods, just like the above platforms.