the broker. The cost of using these exchanges is slightly higher than traditional exchanges, but they are comparatively easier to use. They also charge a small percentage of the trade in the form of their platform fee. When trading with cryptos you also have the option to use leverage margin trading methods where you can trade an amount which you dont have in the capital at that moment in time. Read more in our guide to The Best Cryptocurrency Exchanges. They also pride themselves on the most liquid order book in the world, allowing the secure exchange of all the significant cryptocurrencies, with minimal risk of slippage.
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As a reliable source of cryptocurrency, Bitfinex has its daily trading volumes with a net worth of around USD 1 billion. Binance, if your focus lies in crypto-to-crypto trading, Binance is the option you can go ahead with. The platform enables its users to buy and sell cryptocurrencies such as litecoin, namecoin, dogecoin, and much more. For more information, visit our Binance Review. #2 Invest In Cryptocurrency Wallet Next, you need to get yourself a cryptocurrency wallet. Make sure it trades the coin you chose and that it has robust security features. Read best indicators for 5 min binary options more in our guide on How To Choose Cryptocurrency To Invest. AvaTrade Derivatives: Yes Futures: None Hacked: Never Margin trading: Yes Security: Strong Tradable coins: BTC, BCH, LTC, ETH, Dash, XRP, NEO, XMR Deposit fees: No Withdrawal fees: Yes AvaTrade is perhaps one of the most recognised names in the trading world. Will you go for Bitcoin or Ethereum?