Bitcoin is arguably the most popular cryptocurrency in the world. After a dramatic dip in price towards the end of 2018, bitcoin prices have started to recover and so is the bitcoin trade. To trade bitcoin, you need an appropriate bitcoin broker platform. There are many bitcoin broker platforms available in the industry. However, not all of them are credible and can offer you the best chances of making a profit from your trade. You need a broker who gives you all the tools you need to be able to analyze the market and make correct predictions. The best online bitcoin brokers provide all you need to be able to make successful trades.
You do not have to worry though. We sent out our best Bitcoin experts to explore the various bitcoin broker platforms available. Their task was to find out which broker platform is the best offers the best environment for trading. There are many aspects that inform a great bitcoin broker. They include the ease of use of the platform, the payout amount, and the trading tools offered by the platform. Among all the broker platforms explored. IQ option emerged to be the best. Below we explore why we settled on IQ option as the best bitcoin broker free trade Bitcoin.
Now Get Real Account with as little as $10. And start trading the BINARY OPTIONS, FOREX, FX OPTIONS & CRYPTOCURRENCIES at one platform. Click To Open Free Demo Account | Click To Get Real Account In $10 (Updated July 2019)
My Recommended Brokers Updated January 2020
|Broker||Min Deposit ($)||Min Stake ($)||Max Payout (%)|
|IQ Option||10||1||95||1st Choice|
|Olymp Trade||10||1||92||3rd Choice|
IQ option is currently one of the most popular online trading platforms in the industry. IQ option is a Cyprus-based company and its trading platform is regulated by Cysec. Cysec is one of the most respected regulatory authorities in the online trading space. IQ Option has grown over the past decade to become one of the biggest bitcoin trading brokers.
Bitcoin is one of the most traded cryptocurrencies on IQ option. This is owed to the fact that bitcoin has the highest prices and it is the most used cryptocurrency in the world. Trading bitcoin on IQ option involves trading with pairs of cryptocurrency and other mainstream currencies. For instance, you could trade with a USD/BTC pair or a EUR/BTC pair.
One of the most impressive aspects of IQ option is arguably its trading platform. IQ option has proprietary trading platforms which are available as desktop apps with platforms and mobile platforms. IQ options web-based platform in the most used platform and has the best tools for trading. The platform is accessible from all operating systems and browsers including Google Chrome and Safari browser. The app platform is available on both Android and iOS systems. It has all the trading tools that you need to trade while on the move. IQ Option trading platforms are easy to use and navigate through.
For the Bitcoin trade IQ option offers three types of trading accounts. The accounts include an entry-level account, a top-level account and a VIP account. To get a VIP account you have to deposit a minimum of $3000. For the top-level account, you must deposit a minimum of $1000. You just need $10 for the entry-level account.
The minimum trade amount on IQ option is $1. The entry-level account only allows you to trade on the real market. It is, therefore, a great place for beginners to start. If you are a completely green beginner, you could start with a demo account. IQ Option offers a demo account that allows a beginner to learn the ropes of Bitcoin trade before engaging in the actual market.
The top level and VIP accounts come with special privileges. The privileges increase as the minimum deposit increases. That means the VIP account is better than the top level account. These privileges enable you to make a better analysis of the market and take advantage of significant price differences in order to make profits from your trade. The accounts make IQ Option the best broker for bitcoin.
All these aspects make IQ Option one of the best bitcoin trading brokers.
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