Who among you has thought at least once to start investing in Cryptocurrencies ? Certainly you will be many especially with regard to Bitcoin. For months we have been hearing about Bitcoin as a revolutionary cryptocurrency, a decentralized currency that can bring excellent investments and many of us are wondering how to invest in Bitcoin . Certainly Bitcoin is a revolution that has led many investors to focus on the future, but the most important thing when you want to start investing in Bitcoin is to do it on a regulated and secure Bitcoin platform.
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The second question that many of you will have asked yourself is this:
What are the best platforms to invest in Bitcoin?
We can guarantee after a careful study that the best platforms to invest in Bitcoin are:
EToro platform ;
Xtb platform ;
Iq option platform ;
Plus500 platform ;
Markets.com platform ;
Alvexo platform ;
Avatrade platform ;
BDswiss platform ;
T1Markets platform ;
101investing platform .
These are the best platforms for trading Bitcoin in total safety.
By registering via the free Demo Account on one of these Bitcoin Platforms you can practice on the Asset in virtual mode without risking your own capital.
What do you need to invest in Bitcoin?
To be able to make profitable investments on Bitcoin it is necessary to have a serious and efficient platform at your side, which has a very comprehensive training section.
The Cryptocurrency Asset as you know is very volatile and is significantly influenced by external factors. Having a good base of skills is very important, to be able to stem possible losses and to make targeted investments. In this article we want to give you some simple answers that will make you understand quickly how Bitcoin Trading works and how to get started, here are some of the most frequently asked questions.
How does Bitcoin trading work ?
Trading Bitcoin is simple in itself, you just need to register on one of the best trading platforms and open a position.
Some platforms such as eToro allow you to start investing even if they are only a € 50 minimum deposit.
By position we mean : Investing in the direction that Bitcoin could take, either up or down.
This means that you can profit in both situations, moreover the Trading Brokers offer you tools that will help you to limit risks, such as Stop Loss and Take Profit .
You may be wondering if everyone can start this adventure, yes!
Trading Bitcoin is simple, the platforms have been designed and developed to be used by everyone.
Furthermore, if you do not have time to study and train, the eToro Broker allows you to Copy the Top Traders registered on the Social trading platform .
Contents Index
1 Characteristics of a Bitcoin Platform
2 Exchanges and Online Trading Platforms compared
3 Are Bitcoin platforms safe?
4 Top 5 Regulated Online Trading Platforms
5 Bitcoin eToro platform
6 Bitcoin XTB platform
7 Bitcoin Markets.com platform
8 Bitcoin iq option platform
9 Bitcoin Plus500 platform
10 Who is the investor who chooses Bitcoin?
11 How a Bitcoin Platform Works: Guide from Scratch
12 FAQ Frequently Asked Questions: Best Bitcoin Platforms
Characteristics of a Bitcoin Platform
A platform with which to invest in Bitcoin should have the following characteristics:
Security and reliability: A trading platform that is Cryptocurrencies, shares, commodities, funds, ETFs must absolutely be regulated by European regulatory bodies such as CySEC , CONSOB, FCA and report the license code in the footer of the platform website trading ; _
Free Demo Account: A virtual money trial account that is very useful for testing the platform before investing real money. A key point especially for beginners or all those who approach Bitcoin trading for the first time;
The deposit and the withdrawal: Both must be safe, guaranteed and fast, many platforms reassure their users through insurance;
Simple to use: The trading platform must be simple and intuitive, a too complex platform discourages novice traders and makes everything too complicated;
Analysis tools: The best platforms offer technical analysis tools, fundamental analysis, charts and many other useful tools made available for free to traders .
Initial capital or minimum deposit: The minimum deposit to activate an account on a platform must not be too high, it can usually range from € 50 to € 250.
Comparison of Exchanges and Online Trading Platforms
We mentioned the possibility of buying Bitcoin through the Exchanges , let’s see briefly what are the differences between the Exchanges and the trading platforms:
The Exchanges : The Exchanges are platforms where you can buy, sell or exchange many Crypto including Bitcoin. In order to make this investment it is necessary to register and buy one or a portion of cryptocurrency with current currency. Exchanges are not yet fully regulated, as Cryptocurrencies are decentralized .
Online Trading Platforms : Online Trading platforms are for the most part regulated ( Our Staff offers you only the best ). Trading is certainly economically more contained. They also offer greater protections towards Traders .
If you are not an expert in this sector, we recommend that you start with the Demo Account of the online trading platforms .
Are Bitcoin platforms safe?
Regarding the security of the platforms, it is appropriate to underline a very important aspect, as we mentioned earlier with the term Bitcoin platforms we mean online services that allow you to invest in Bitcoins or by buying them through exchanges or operating on the value of the cryptocurrency through online trading platforms, the latter are regulated by the major European regulatory bodies such as CySEC, CONSOB, FCA, etc … unlike the exchanges that do not have regulations as cryptocurrencies are still unregulated.
So to the question of whether they are safe we can answer with certainty that cryptocurrency trading platforms such as eToro, xtb and plus500 are safe, while exchanges unfortunately do not offer any security.
Top 5 Regulated Online Trading Platforms
The listed Platforms have been Tested and Reviewed by our Expert staff.
Platform Benefits Information Commissions Open Account
Best eToro Platform
Evaluation
⭐⭐⭐⭐⭐
Regulated:
CySEC 109/10, FCA 583263
Free Demo Account:
$ 100,000 in virtual funds
Copy Trading:
Copy the best traders
Minimum Deposit: € 50
Leverage: 1:30
Cryptocurrencies : Yes
Social Trading: Yes
Transaction cost: 0 €
Commissions on Shares: 0%
Commissions on ETFs: 0%
Crypto Fees: from 0.5%
FREE DEMO ACCOUNT REVIEW AND OPINIONS
67% of users lose money with this provider by trading CFDs.
Markets: CFD trading Forex Stock trading ETF trading Funds Cryptocurrency trading Payment Methods:Visa MasterCard American Express GiroPay PayPal Skrill Neteller SEPA transfer Sofort
xtbEvaluation
⭐⭐⭐⭐⭐
Regulated
CySEC 169/12, FCA 522157
Free Demo Account:
€ 100,000
Training Center:
Trading School
Minimum Deposit: € 250
Leverage: 1:30
Cryptocurrencies: Yes
Trading School: Yes
Transaction cost: 0 €
Commissions on Shares: 0%
Commissions on ETFs: 0%
Crypto Fees: from 0.5%
FREE DEMO ACCOUNT REVIEW AND OPINIONS
77% of users lose money with this provider by trading CFDs.
Markets: CFD trading Forex Stock trading ETF trading Funds Cryptocurrency trading Payment Methods:Visa MasterCard American Express GiroPay PayPal Skrill SEPA transfer
Plus500Evaluation
⭐⭐⭐⭐⭐
CySEC 250/14 regulated
Free Demo Account
Professional platform
Minimum Deposit: € 250
Leverage: 1:30
Cryptocurrencies: Yes
MetaTrader 4
Transaction cost: 0 €
Commissions on Shares: 0%
Commissions on ETFs: 0%
Crypto Fees: from 0.5%
FREE DEMO ACCOUNT REVIEW AND OPINIONS
77% of users lose money with this provider by trading CFDs.
Markets: CFD trading Forex Stock trading ETF trading Funds Cryptocurrency trading Payment Methods:Visa MasterCard American Express GiroPay PayPal Skrill SEPA transfer
iq optionEvaluation
⭐⭐⭐⭐
Regulated
CySEC 274/14, FCA 670182, CONSOB 4090
Free Demo Account
Minimum deposit 10 €
Minimum Deposit: € 10
Leverage: 30: 1 and 2: 1 Crypto
Cryptocurrencies: Yes
MetaTrader 4
Transaction cost: 0 €
Commissions on Shares: 0%
Commissions on ETFs: 0%
Crypto Fees: from 0.5%
FREE DEMO ACCOUNT REVIEW AND OPINIONS
77% of users lose money with this provider by trading CFDs.
Markets: CFD trading Forex Stock trading Cryptocurrency trading Payment Methods:Visa MasterCard American Express GiroPay PayPal Skrill SEPA transfer
Markets.comEvaluation
⭐⭐⭐⭐
Regulated
CySEC 092/08, FCA, ASIC
Free Demo Account
Trading Academy
Minimum Deposit: € 100
Leverage: 1:30 and 1: 300
Cryptocurrencies: Yes
MetaTrader 4
Transaction cost: 0 €
Commissions on Shares: 0%
Commissions on ETFs: 0%
Crypto Fees: from 0.5%
FREE DEMO ACCOUNT REVIEW AND OPINIONS
77% of users lose money with this provider by trading CFDs.
Markets: CFD trading Forex Stock trading Cryptocurrency trading Payment Methods:Visa MasterCard American Express GiroPay PayPal Skrill SEPA transfer
© 2022 Graphics and tables owned by Millionaireweb.it
Now for some short, but comprehensive reviews of the best Bitcoin platforms .
Bitcoin eToro platform
EToro broker logo
EToro broker logo
The eToro Broker has been on the market for many years, with excellent reviews from users, not only has this platform been the winner of many international awards, but it always offers new functions.
eToro is regulated by the most serious and strict International Control Bodies such as CySEC , CONSOB, ASIC and FCA .
In addition to offering you an excellent free Demo Account for an unlimited time, the eToro Broker allows you to use Social trading .
Social trading is the platform that marked the crowning of eToro.
In addition to Cryptocurrencies, you can find all the best markets, such as Commodities, Stocks, ETFs and much more.
As for the platform, we can say that it has really been designed to be used by everyone.
But that’s not all, because eToro has also opened an Exchange where you can store and trade your currency. This new platform is called eToroX , and to access it you need to be registered with eToro .
Read our eToro platform review .
OPEN A FREE DEMO ACCOUNT WITH ETORO
Free and Unlimited Demo Account with No Deposit Constraints.
Get a free $ 100,000 virtual trial account!
Bitcoin XTB platform
XTB broker logo
XTB broker logo
XTB is a Broker worth mentioning and reviewing, as it is among the best.
XTB has been on the market for 15 years and allows you to trade on over 1,500 instruments . The cryptocurrencies present are 16 instruments and 9 single coins. You can start with a fabulous 4 – week Demo Account .
Leverage in the Cryptocurrency Asset is 1: 2 and the market is open 24/7 .
In addition to Bitcoin, you can trade on the following cryptocurrencies :
Ethereum;
Dash;
Stellar;
Eos .
And many more. The trading platform present on XTB is xStation 5 .
The xStation 5 allows you to carry out thousands of transactions in a very short time. If you prefer, you can trade on the mobile App for both Android and iOS .
Read our XTB platform review .
OPEN A FREE DEMO ACCOUNT WITH XTB
Free and Unlimited Demo Account with No Deposit Constraints.
Bitcoin Markets.com platform
Broker Markets.com logo
Broker Markets.com logo
Another very interesting broker is the Markets.com platform.
Markets.com offers you the free Demo Account for an unlimited time, you can access it both through Facebook, Google and Apple .
In addition, the Broker allows you to use two of the best platforms in the world, Meta Trader 4 and MT5, as well as the platform for mobile equipment.
To do trading Bitcoin Markets.com offers you the possibility to deposit on the Live Account through the best systems, such as PayPal , Fast, Mastercard and Skrill .
See our Markets Platform Review .
OPEN A FREE DEMO ACCOUNT WITH MARKETS
Free and Unlimited Demo Account with No Deposit Constraints.
Bitcoin iq option platform
Logo broker iq option
Logo broker iq option
The iq option broker is different from the others, because it was designed for traders who want to start investing with only € 10 .
Starting with such a small amount will help you not to get overwhelmed by emotions, such as fear and greed.
Furthermore iq option allows you to open a position with only 1 €.
So in summary: To access iq option you need € 10 and € 1 to open your first trading operation.
The cryptocurrencies present on this Broker are 12 , starting from Bitcoin to Ripple .
Read our iq option platform review .
OPEN A FREE DEMO ACCOUNT WITH IQOPTION
Free and Unlimited Demo Account with No Deposit Constraints.
Bitcoin Plus500 platform
Plus500 logo
Plus500 logo
Last but not least is Plus500, an excellent professional and easy-to-use Broker .
The platform is protected by the SSL system and the platform’s funds are divided into separate bank accounts, this to keep investor protection high.
Furthermore Plus500 is a company listed on the FTSE 250 and authorized by CySEC , with license number 250/14 .
In addition to the classic cryptocurrencies, there are also the 10 most important Crypto assets.
See our Plus500 platform review .
OPEN A FREE DEMO ACCOUNT WITH PLUS 500
Free and Unlimited Demo Account with No Deposit Constraints.
Who is the investor who chooses Bitcoin?
Let’s see in this paragraph what are the characteristics of those who invest in Bitcoin.
First of all , it is necessary to diversify from those who buy Cryptocurrency with a Cryptocurrency Exchange and from those who prefer to invest with Online Trading.
In the first case, it will mostly be a person who has a greater economic availability and who is not afraid of suffering the fluctuations in the value of Bitcoin.
In the second case, the investor who directs and chooses to use CFDs , has a lower economic potential, you can start trading with only € 10 .
To invest with online trading it is necessary to follow the trends of the Crypto to understand when it is time to open and close positions.
How a Bitcoin Platform Works: Guide from Scratch
Using a trading platform to invest in Bitcoin is quite simple, just follow the following points:
First of all it is important to choose a regulated platform, for our example we choose eToro, then let ‘s open a free demo account by filling out the registration form : click here to open a demo account.
Now we can access the eToro trading platform , see the image below:
eToro :: Trading platform
eToro :: Trading platform
Now let’s move from the Real Account to the Demo account , the eToro platform offers a free trial account to test the service with a virtual € 100,000 . To switch to the virtual account, click on “Switch to Virtual” at the bottom :
eToro :: Virtual Account
eToro :: Virtual Account
Here we are at the Demo Account , we have all the features of the real platform available but we can practice with virtual money:
eToro :: Demo platform
eToro :: Demo platform
Now let’s move on to our beloved Bitcoin, just use the search field at the top and write “Bitocin” :
eToro :: Bitcoin Research
eToro :: Bitcoin Research
Now we can open our position or trading operation, by clicking on “invest” a new window will appear where we will enter the amount of $ 5000 (remember that we are talking about virtual money):
Open position on Bitcoin
Open position on Bitcoin
Now all that remains is to start our position by clicking on “Open position” ;
Once the position is open, click on “Portfolio” to view the progress of our operation, here we can analyze various aspects such as: the unit of Bitcoin purchased (0.12), the average value of the current Bitcoin, the amount invested (€ 5000), the dollar value of profit or loss, the percentage value of profit or loss. Now we arrive at our goal that is to obtain profit, we bought 0.12 units of Bitcoin investing € 5,000 with a value of one unit equal to approximately € 35,000 (1 BTC = € 35,000) , if the value of the Bitcoin increases from € 35,000 up then we will have our profit by selling the 0.12 units at a price higher than the purchase price, for example: we buy0.12 btc at € 5000 and we resell at € 5500 , the profit will be € 500.
After testing the platform, we can activate the real account, make a deposit of at least € 1000 and start investing in Bitcoin in total safety as eToro is a regulated and safe platform.
OPEN A FREE DEMO ACCOUNT WITH ETORO
Free and Unlimited Demo Account with No Deposit Constraints.
Get a free $ 100,000 virtual trial account!
FAQ Frequently Asked Questions: Best Bitcoin Platforms
Can I trade Bitcoin with the Demo Account?
Yes, the best platforms allow you to trade Bitcoin from the free Demo Account , so as to prepare you for real trading .
Is Bitcoin Trading Accessible to Everyone?
Yes, anyone can do Bitcoin trading , one of the best platforms we have tried is eToro .
What are the best Bitcoin trading platforms?
For our Staff the best Bitcoin Trading platforms are eToro, XTB and Plus500. All are certified and offer you the Free Demo Account.
Is Bitcoin Trading Accessible to Beginners?
Certainly Bitcoin Trading is accessible to everyone. You can also start through eToro’s Social Trading and copy the Top traders registered in the program.