The prices of cryptocurrencies have recovered in 2020 after suffering a slump towards the end of 2018.  That means cryptocurrency trading is a lucrative venture. Investors have taken note of these changes and placing a lot of emphasis on these digital assets. Trading binary cryptocurrencies instruments is one of the most lucrative forms of online trading. Also, they have emerged a wide variety of cryptocurrencies in which one can trade in.

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My Recommended Brokers Updated January 2020

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To trade in cryptocurrencies one must enlist for the services of cryptocurrency brokers. You will be trading with currency pairs such as USD/BTC or EUR/BTC. As a result of the popularity of cryptocurrency trading, there are many cryptocurrency broker platforms available. You need to get a broker who offers you the best chance of making a coin from your investments. Your broker should also be trustworthy.

Best Cryptocurrency Broker

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Finding the best broker cryptocurrency among the many might not be a very simple task especially if you have never engaged with one before. You might be wondering which is the best broker for cryptocurrency in the industry? You do not have to worry though. We put our best cryptocurrency experts out there to explore the industry and find the brokers who are offering the best terms and services.

IQ Option emerged to be the best cryptocurrency trading broker. Below, we explore the many reasons as to why IQ Option has been dubbed the best broker to buy cryptocurrency.

IQ Option

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IQ option always rises on top whenever cryptocurrency trading is concerned.  IQ option offers 12 cryptocurrency pairs for you to trade with. IQ option allows you to trade in a wide-range of cryptocurrencies. It allows you to trade in Bitcoin, Ethereum, Ripple and a couple of other major cryptocurrencies.

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IQ Option is a Cyprus based trading platform that is regulated by Cysec. Cysec is a trusted body when it comes to the regulation of cryptocurrency trading, and all other types of online trading. IQ option has grown over the last decade to become one of the largest cryptocurrency trading brokers. It is the best CFD broker cryptocurrency.

Trading Platform

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One of the major benefits of trading cryptocurrency on IQ Option is the user intuitive platform. Many are times people face challenges while trading on broker platforms because of the way they are developed and laid out. The IQ option trading platform is easy to use and navigate. There is a desktop platform a web-based platform and a mobile platform. You can use any depending on what is convenient for you. All these platforms have all the tools and Resources you need to be able to analyze the market and trade.

IQ option also allows you to engage in short selling. Short selling involves taking advantage of small market movement. This allows you to be more in control of your trades and make quick and immediate profits.  short selling requires that you have your strategies intact. You need to have good market analyzing skills to be able to profit from short sales.

IQ option allows you three types of accounts. You can have an entry-level account, a top-level account, or a VIP account. The minimum deposit is $10 for the entry-level account, while the minimum deposits for the other accounts are $1000 and $3000 respectively. Top-level and VIP accounts have extra privileges that enable you to profit more from successful trades.

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It is quite easy to see why IQ Option rises on top as the best broker for trading cryptocurrency. It offers the best trading environment for both beginner and veteran traders. You stand a better chance of making a profit on IQ Option than on any other broker platform. It is indeed one of the best online brokers for cryptocurrency.

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