Trading Platforms to Use in 2021
Published on January 19, 2021
Cryptocurrency trading platforms have changed the way that Bitcoin, Ethereum and many other cryptocurrencies are traded. These platforms allow anyone to get into the trading game, whether you are a beginner or have been in the business of cryptocurrency since the beginning. There are many out there to choose from, so let’s have a look at a few of them, similar to the Bitcoin Loophole trading platform and maybe help you along your cryptocurrency journey.
Coinbase
One of the most popular trading platforms is Coinbase, which offers users a user-friendly experience that is easy to understand as well. Coinbase also offers several types of cryptocurrency to trade with the main focus on Bitcoin (BTC) and also available in a mobile app for more convenient use. You will be able to fund your account with a debit r credit card as well as a bank transfer, but keep in mind that the latter takes a few days to clear.
Gemini
Here’s one that has its main focus set on security. For this exact reason, Gemini only allows funding of your account through a bank transfer. Although, Gemini does allow you to fund your account from an off-site wallet as long as the denominations are set in cryptocurrency as well. The use of Gemini is made even easier when using the mobile app to trade wherever you are.
eToro
Another popular name in cryptocurrency trading platforms, that does come at a cost but offers access to features that make the cost all worth your while. You will have an opportunity to discuss trading with customers from around the world and even have a chance to trade in a virtual environment before you fund your account with fiat currency and jump into the trading game. There is a huge variety of digital assets that can be traded on the platform and gives you a scope of what else is out there.
BlockFi
This one is slightly different from the other platforms, as it leans into more traditional trading. It is built for investments and allows you to earn interest on any of the cryptocurrencies you have purchased or traded. So, this one is less about buying and selling, and more about buying, holding and selling for a profit or just withdraw your earnings at the end of the day.
Exciting to Say the Least
So, whether you are looking to play the fast-paced game of trading or looking into buying some BTC to hold on to and watch its value grow, there is a trading platform out there for you. Each of the platforms mentioned is based on Artificial Intelligence that focuses on reducing risk to the consumer by analyzing the market to trade at the correct time. Whichever strategy you choose, you are sure to find a trading platform that works for you and will keep you engaged and wanting more at every turn. Soon, you will be well on your way to being a cryptocurrency guru in no time.