Whеn you'rе thinkin' about buyin' Bitcoin and thе platform you choosе to makе your purchasе is supеr important. You may havе hеard about big sеcurity brеachеs in thе past whеrе lots of Bitcoin was stolеn. For еxamplе and in 2014 and a wеbsitе callеd Mt.Gox lost 850 and000 Bitcoin. Thеn and in 2016 and anothеr sitе namеd Bitfinеx got robbеd of 120 and000 Bitcoin. That's why sеcurity is a big dеal for us in this rеviеw. Wе'rе not just lookin' at sеcurity; wе'rе also chеckin' out fееs and what tools thеy havе and how thеy opеratе and an' who's runnin' thе show. Wе want to show you fivе of thе bеst еxchangеs for buyin' an' tradin' Bitcoin. But first and lеt mе givе you a list of еxchangеs that arе grеat for bеginnеrs just startin' with crypto.

Exchangе Picks You Can Trust:

Heads up! eToro's talking about crypto in the EU and the USA. It's a wild ride and not regulated everywhere, and there's no safety net for EU customers. Put your money in, and you could lose it all. Interested in safer investment options? Visit https://topcanadiancasinos.org for insights into trusted and secure platforms for online gaming and gambling.

Just so you know and еToro's still chattin' about crypto in thе EU an' thе USA. Supеr unprеdictablе and not еvеryonе's on board rеgulation wisе and an' again and no promisеs for EU buyеrs. If thе markеt doеs a bеlly flop and you could losе your invеstmеnt.

Ok and ETFinancе is anothеr namе you might sее. Thеy'rе officially MAGNUM FX from Cyprus an' havе all thе right papеrwork. But bе carеful — 81% of folks who invеst hеrе еnd up losin' cash. Think hard if you'rе up for that risk.

ETFinancе (yеp and MAGNUM FX again) wants you to know that most of thеir customеrs еnd up in thе rеd. It's a gamblе and so makе surе you'rе not bеttin' thе rеnt monеy.

CFDs arе likе rollеr coastеrs for your monеy – fast an' risky. 71% of rеtail invеstors wavе goodbyе to thеir cash with this kind of tradin'. You'vе got to ask yoursеlf if you rеally gеt how CFDs work an' if you'rе cool with possibly losin' your dough.

Again and wе'rе talkin' CFDs – complicatеd an' a quick way to losе monеy. Most folks (71%) don't comе out ahеad with thеsе tradеs. Makе surе you'vе got a handlе on CFDs bеforе you jump in.

About 80% of pеoplе tradin' CFDs with this providеr еnd up losin' monеy. It's not for еvеryonе and so you should rеally undеrstand what you'rе gеttin' into an' maybе gеt somе advicе first.

Anothеr rеmindеr – 80% of rеtail invеstors losе thеir invеstmеnt with this providеr's CFDs. Makе surе you'rе not gеttin' in ovеr your hеad an' sееk indеpеndеnt advicе if you nееd it.

Got it? Trading CFDs is not child's play. It's risky business and should be left to those who know what they're doing and won't be left in the dumps if they lose out.

Last but not least, CFDs are a serious game. Don't play unless you're fully aware of the risks and can handle losing whatever you put in.

Content Quick Links

Discover Leading Crypto Exchanges:

Finding Your Perfect Bitcoin Exchange: Beginners vs. Traders

Even though lots of different altcoins grabbed the spotlight back in 2017, Bitcoin still stands tall as the big boss of the crypto world. It's a big deal in the trade game, with most of the trading action—more than one-third—happening in Bitcoin land. Because it's the go-to when folks are flipping between altcoins, its trading numbers keep climbing higher.

Now, picking the right Bitcoin spot to get started can be tricky. Newbies might want something super simple to get their feet wet, while the trading pros need all the fancy bells and whistles. Plus, if you're just starting out, you'll need to get the hang of the lingo and rules. We're going to split this up and give you the scoop on the best spots for both beginner buyers and seasoned trading pros.

Heads up, pros! Skip ahead to the ‘Bitcoin Exchange Hotspots for Trading Pros‘ to find places that won't eat up your profits in fees and give you a smooth trading experience.

The Go-To Exchanges for Bitcoin Newcomers

If you're brand spanking new to this whole Bitcoin thing, don't sweat it. We've got exchanges that make everything super easy. Thinking about snagging your first bit of Bitcoin or diving into other cryptos? Our 'First Step Guide' is like a friendly hand to hold. And for you trading vets, our 'Exchanges for the Pros' list is where you'll find the low-fee, high-octane action.

Start Simple with Coinbase

Alright, we'll get into Coinbase Pro in a bit, but first, let's chat about Coinbase's newbie-friendly exchange. It's the top pick for beginners. The site's a breeze to use, even if you're a total newbie. Setting up an account? Piece of cake. You'll need to show some ID (everyone does), but then you're ready to buy Bitcoin in a snap. You've got choices too! Whether it's a bank transfer, wire transfer, or using your debit or credit card, they've got you covered.

And hey, if you go with a debit or credit card to buy your crypto, you'll love that this isn't super common on other exchanges. It's a great option for those dealing with different kinds of cash—Euros, Dollars, Pounds, you name it.

Click this link, and you'll get a cool $10 bonus on your first deposit—and we get a bonus too. Win-win with Coinbase!

Just a heads up, though—Coinbase comes with fees. They'll charge you 1.49% for buying or selling. Card purchases get a 3.99% fee tacked on. It's not the cheapest route, but it sure is convenient.

But let's remember, Coinbase is a crowd favorite for a reason. They've got one solid wallet, insured for up to $250k. The user experience is top-notch—clean, clear, and easy to get the hang of.

Buying Bitcoin Made Easy

Hey there, if you're looking to get your hands on some Bitcoin without a fuss, Coinmama's your spot. It's a bit pricier compared to Coinbase, but super user-friendly. You can just jump in, set up your account, and buy Bitcoin right from the main screen. They've got these preset options where you can grab Bitcoin for set amounts like 100 bucks, 250, or even up to 3000 dollars. Plus, you can type in exactly how much Bitcoin you wanna buy if those don't fit your budget.

Now, keep in mind, Bitcoin prices hop around all the time, so what you're quoted will change with the market. And there's a fee—5.9% goes to Coinmama every time you buy. If you're paying with your card, there's an extra 5% fee for processing that payment. Sure, it's not the cheapest way to buy Bitcoin, but it's definitely straightforward and quick.

If you're all about convenience and you don't mind the extra cost, Coinmama could be just what you need!

Where Traders Trade Bitcoin

Okay, so you've got some experience trading Bitcoin and you're after something more, right? You want top-notch security, fancy charts, and a bunch of trading options. Well, we've got some exchanges that are cut out just for traders like you.

Trading on Coinbase Pro

Coinbase Pro is like a household name in the crypto world. It's been around since 2012 and has really set the pace for crypto services. The interface? Super sleek and makes buying crypto a breeze. But yeah, it's gotten pretty pricey over the years. It's where a lot of newbies start.

Not everyone knows about the Pro side of Coinbase. It's like their VIP section for pros, with specialized tools and way lower fees. If you're a market maker—someone who sets prices with limit orders—you don't pay any fees. Market takers—those who buy at current market prices—pay fees that get lower the more you trade.

This place is also awesome for cashing in and out your Bitcoin because it's super liquid. That means you can trade big-time without the prices going crazy. Even if you yanked out ten Bitcoins, the price wouldn't jump much. They've also got a bunch of different tools to help you trade and you can deal with Bitcoin, Bitcoin Cash, Ethereum, and a few others in different currencies like dollars, euros, or pounds. Plus, they've started offering crypto-to-crypto trades with some new cryptos coming soon.

What's really cool about Coinbase Pro is how much traders trust it. It's got a solid rep, but it doesn't support a crazy number of cryptos—although that's changing with new ones being added. They're super serious about following the rules, too. They comply with all the regulations and they've got serious investor support, with a recent funding round valuing them at 8 billion dollars. Getting into Coinbase Pro takes a bit more ID than the regular service, but it's worth checking out if you're serious about trading. For a deep dive, go have a look at our in-depth comparison of Coinbase and Coinbase Pro.

Trade Your Bitcoins at Kraken Exchange

Hey there! You should totally know about Kraken. It's a big deal in San Francisco and a heavyweight when it comes to trading Bitcoins with Euros. They started way back in 2011, so they've seen it all. Plus, they've got some heavy hitters backing them up like Money Partners Group and others.

If you're thinking about where to trade your Bitcoins, Kraken's a smart pick for several reasons. Ever wonder what happens to your money after you deposit it? Well, Kraken's really transparent about it. They do these checks called proof of reserves audits to show that they've got enough to pay everyone. And they're super careful with your coins, keeping most of them disconnected from the internet for safety.

Over at Kraken, if you're trading in USD, the spread's like 0.01. And if someone snatched up 10 Bitcoins from the highest buy and sell offers, the spread would go up to 0.11. They've got all the cool tools you need like an order book, a price chart, and other neat charts.

What's more, Kraken's not just about Bitcoin – they deal with other cryptocurrencies and lots of different money types like USD, EUR, and even Japanese yen. Their fees are usually pretty good, although there might be better deals elsewhere sometimes.

Here's something cool – Kraken lets you bet against some cryptocurrencies. So, if you think a crypto's price is going to drop, you can make a move on that. And the fees for this aren't too heavy either.

Now, just a heads up, Kraken isn't watched over by the government. They do have their own groups for making sure everything's on the up and up. They got into the spotlight this year when they didn't follow what the New York Attorney General asked them about their business.

What's great about Kraken? They've got the most Euro trading, they're super honest about their money, and they've got some solid security. Some might be a bit iffy about the regulation stuff, but Kraken's pretty open about it.

Bitstamp Exchange: Trade Bitcoins Here

Alright, let's talk about Bitstamp. They're all set up in London and got started in 2011. They're one of the big names in crypto trading, and you can trade in both USD and EUR. Based on some info from Bitconity, trading Bitcoin for USD has a spread of 0.03. If you were to take out 10 Bitcoins from the buy and sell sides, that spread would jump to 0.17.

Bitstamp has all the tools you'd expect from a major exchange, like charts that show you prices and depths, and a list of the latest trades.

So, here's the thing about Bitstamp – they charge more than some of the other big exchanges like Coinbase Pro and Kraken. Below, you'll find their main trading fees. They also charge you for putting in and taking out money.

Bitstamp had a chat with the UK's finance watchdog about rules and stuff, and they were told cryptos aren't really their problem. So now, Bitstamp keeps an eye on themselves and makes sure they're not helping out with any shady money stuff.

What's to love about Bitstamp? They've got this professional set of tools and there's lots of action on their order book. Not so great? Their fees are higher than the competition.

Trading Bitcoin on Binance

Hey there! If you're itching to play around with your Bitcoin, Binance could be your go-to spot. It's like a giant playground for Bitcoin, where it's mostly used to team up with other digital currencies. Binance is kind of a big deal, topping the charts in trading volume, and it's packed with other currencies you can mix with Bitcoin, so you can have some fun and maybe make some gains. Just a heads up, though, you can't use regular money here, so you'll have to get your Bitcoin elsewhere first before bringing it over. But if you're into the whole Bitcoin versus dollar game, they've got this thing where you can trade Bitcoin against a dollar-like coin called USD Tether.

Binance has got a bunch of cool tools for trading just like other places, but the catch is you might not find as much action on some of their stuff. If you're aiming to trade Bitcoin for some of the more obscure currencies, it'll be a different vibe from those sites that use regular money. But don't worry, Binance still has all the pro stuff like order books, fancy charts, and all that jazz.

Now, about the money talk - Binance is pretty chill with their fees. They start low and can get even lower if you trade a lot or if you have some of their own Binance coins. They gave those coins out back in 2017 when they were starting up. Hold on to them, and you'll save some cash on fees.

Since Binance doesn’t mess with regular money, they're not really on the government's radar much. But they've moved to Malta, which is trying to make things more official for crypto stuff, and it looks like Binance is going to play along.

So, Binance is pretty sweet for using Bitcoin to jump into other cryptocurrencies, they don’t eat up your money with fees, and they're the most popular for trading volume. The bummer is you can't use regular money, but hey, they're working on it. They even started this thing in Singapore that lets you trade Bitcoin with real money. Still, some folks get nervous about Binance not being super official, 'cause if things go south, like a hack or something, you're on your own.

Gemini: A Place for Big Bitcoin Plays

What's up? Let's talk about Gemini, this fancy exchange started by the Winklevoss twins - yeah, those guys with the Facebook drama. Gemini's all about the big players, the serious suits with lots of cash. So, if you're dealing with big bucks, it's a solid choice. But for regular folks, the fees might make you think twice - unless you're moving millions in dollars.

Gemini is all about playing by the rules. It's got the New York finance bigwigs keeping an eye on it, and it's pretty good when it comes to having enough Bitcoin to go around. The price difference between buying and selling Bitcoin is super tiny, but if you start grabbing or selling a bunch, you'll notice that difference getting bigger.

Besides trading, Gemini's got some other neat stuff like a babysitting service for your digital money. They even let you buy crypto the way fancy art gets sold - through auctions. They're super focused on being legit and safe, which is great for the whales of the trading world. But if you're just a regular person looking to trade, those high fees might make you want to look elsewhere.

Curious about how to be a crypto pro? Check out our guide 'Investing Like An Expert In Cryptocurrencies'. It's got the inside scoop on all the cool moves like leverage trading, short selling, jumping into ICOs, and more.

Just so you know, Bitcoin exchanges are pretty much like any other place where you can swap cryptocurrencies. You can buy or sell Bitcoin using different kinds of money.

These exchanges make their cash from different kinds of fees - whether that's a slice of your trade, a price difference, or just for making a transaction.

Since Bitcoin isn't under any big boss's control, different exchanges can charge different prices. They're all trying to outdo each other, so most of them keep their fees low to attract more users.

When it comes to the whole Bitcoin fork thing, Binance and Coinbase are leading the pack in supporting it. But there are some other exchanges that aren't really into it.

And if you're up for betting against Bitcoin, you've got options like eToro, AvaTrade, Plus500, and XTB.

Ever wonder how exchanges get their Bitcoin? Well, traditional exchanges don't actually own any. They're just the middleman that helps buyers and sellers do their thing.

Useful More

Gigantische Slot-Gewinne in der Geschichte

Gambling Business in Europe: Where Online Casinos Are Allowed