Best Bitcoin Brokers For Ethereum Trading

Here you find the best bitcoin trading sites which support Ethereum trading at a glance. Trade ETH now with Bitcoin or fiat money.

0.0 to 0.25% Security: Top Level Pro:

  • High leverage
  • High volume
  • Excellent security

Contra:

  • Rather not for beginners
  • No fiat money transfers

max. Leverage: 100x Visit Platform

No, only on margin trades Security: Top Level Pro:

  • Demo accounts
  • Anonymous trading
  • No trading fees

Contra:

  • Relatively high margin trading fees

max. Leverage: 20x Visit Platform

0.0 to 0.2% Security: Excellent

after hack in 2016 Pro:

  • Advanced order types
  • Margin trading
  • High volume

Contra:

  • Was hacked in 2016
  • Fiat transfers temporarily limited

max. Leverage: 3.3x Visit Platform

No Security: Top Level Pro:

  • Anonymous accounts
  • More than 50 altcoins
  • Relatively low fees

Contra:

  • Demo interface not fluid
  • Difficult verification process
  • Lack of a mobile app

max. Leverage: no Visit Platform

-0.5% to 10% Security: Top Level Pro:

  • demo accounts
  • cross-platform trading
  • secure platform

Contra:

  • minimum anonymity
  • no crypto deposits
  • only CFD trading

max. Leverage: 20x Visit Platform

Yes Security: Top Level Pro:

  • Experienced broker
  • Top customer support
  • Wide range of markets

Contra:

  • No crypto deposits
  • Minimum anonymity
  • Only CFD trading

max. Leverage: 400x Visit Platform

USD, EUR, GBP, RUB, JPY

Yes Security: Top Level Pro:

  • many payment methods
  • great trading interface
  • experienced broker

Contra:

  • support not 24/7
  • high fees
  • only basic order types

max. Leverage: 3x Visit Platform

0.25% Security: Top Level Pro:

  • Fast signup & verification
  • Good customer support
  • High security

Contra:

  • No margin trading
  • High trading fees
  • Liquidity sometimes low

max. Leverage: no Visit Platform

0.0% to 0.25% Security: Excellent after hack in 2014 Pro:

  • Many altcoins tradable
  • Margin trading altcoins
  • High liquidity

Contra:

  • No advanced orders
  • Poor support
  • Website often slow

max. Leverage: 2.5x Visit Platform

USD, EUR, GBP, JPY, CAD

0.0% to 0.26% Security: Top Level Pro:

  • High liquidity in EUR, JPY
  • Margin trading
  • Potential low fees

Contra:

  • Advanced orders removed
  • Site is prone to errors
  • Fiat deposit can be expensive

max. Leverage: 5x Visit Platform

01% to 0.25% Security: Top Level Pro:

  • Easy to use interface
  • Suitable for beginners
  • Multiple currencies

Contra:

  • Chart very basic
  • Support little helpful
  • Often technical issues

max. Leverage: 3x Visit Platform

Ethereum is a decentralized platform that runs smart contracts: applications that run exactly as programmed without any possibility of downtime, censorship, fraud or third party interference. It was developed by Vitalik Buterin an avid cryptocurrency enthusiast and programmer in 2013. The Ether (ETH) coins hit the market in July 2015 with 11.9 mln premined coins through a crowdsale funding. In 2016 a decentralized autonomous organization (DAO) emerged on the platform and raised $150mln USD to fund the project, however a portion of this fund has been appropriated by an anonyous entity. As a result a dispute formed in the community whether the protocol needs to be updated or not, which ended up as a hard fork. The majority supported the post-fork version of Ethereum (ETH) while the minority remained at the pre-fork protocol and started to call the coin as Ethereum Classic (ETC).

Price Movement Of Ethereum

The price of ether was initially set to 2000 ETH per BTC, by that time considering the bitcoin price as well it cost about 0.35-0.45 USD. After hitting the market the price was below 1 USD until 2016 when it started to slowly increase. The top was around 20 USD when the DAO incident collapsed the market and the ETH price plunge back to 8 USD. The exponential increase in price started in March 2017, since then ETH has experienced a 20x increase with an all time high around 400 USD.

Because of the rapid increase in price the Ethereum network experienced a significant traffic inflow from new users that have slowed down the transaction time. Crypto market analysts have different views on future price. One factor affecting Ether’s price is the rise of Ethereum based initial coin offerings (ICOs). Due to the significant visibility of these projects the ETH price is largely related to the offerings. The market capitalization of ETH is growing, and might even be able to surpass bitcoin’s marketcap according to experts in the long run. Other analysts are however rather bearish on the ETH price outlook argueing that Ethereum price is already inflated by now.

Bitcoin Broker Platforms Offering Ethereum Trading

Avatrade

Avatrade sources the Ethereum prices from Poloniex, you can buy CFDs based on that price, but not actual ETH. They charges the clients 0.30 USD over the market price.

Poloniex

Poloniex employs a volume based maker-taker fee schedule. Fees ranges between 0.00% and 0.25% depending on the last 30 days of trading volume on the account.

FXOpen

At FXOpen Ethereum trading commission is 0.25% half-turn. FX Open also charges 10 USD maintenance fee on inactive accounts.

Bittrex

Bittrex charges a fixed 0.25% trading fee on each Ethereum order. Withdrawals are free of charges, you only have to pay the transaction fee to the network.

Kraken

Kraken has a flat 0.005 ETH and ETC fee for withdrawing funds from the account. Trading fees ranges between 0.00% and 0.26% and set according to the maker-taker schedule based on volumes traded on the platform. Simple order costs 0.26%, advanced order types you can only pay 0.16% as market maker.

Etoro

Etoro does not charge fees for placing orders or maintaining the account. But they have a 5 USD inactivity fee and charge users for withdrawals. Ethereum is traded on Etoro with a 2% typical spread and there is an overnight fee of 0.001 per 10000 units.

GDAX applies a maker-taker fee schedule for Ethereum trading. Maker fees are 0%, taker fees are between 0.1% and 0.3% based on the last 30 days of trading volume on the platform.

Related video: Best Cryptocurrency Exchange


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