Compare the best bitcoin brokers

When it comes to bitcoin trading, you need a bitcoin broker you can trust. We’ve compared all your options to help you make the right choice.

Where can I find the best bitcoin brokers?

Right here. We have reviewed all the best and most reliable bitcoin trading platforms out there to help you buy bitcoin. Have a read through our reviews and see what you think. If you’re not ready just yet, scroll down and continue reading to learn more about choosing the best bitcoin broker.

24option
Key Features
Offers BTC, XRP, LTC, ETH and many more
Juventus Official Partner
Multiple payment methods including PayPal
Min Deposit
$250
China
Start Trading View key features
Key Features
Offers BTC, XRP, LTC, ETH and many more
Juventus Official Partner
Multiple payment methods including PayPal
Top Coins
  • BTC
  • XRP
  • LTC
  • EOS
  • BTG
Payment Methods
Credit Card, Debit Card, Skrill
24Option is an online CFD broker providing an intuitive trading platform designed with the latest technological advancements that are geared towards new traders as well as professionals.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 81.27% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money
Binance
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Min Deposit
$1
China
Start Trading View key features
Key Features
Huge range of cryptocurrencies
Highly liquid
2 Factor Authentication
Top Coins
  • BTC
  • DOGE
  • TRX
  • ZRX
  • ARK
Payment Methods
Cryptocurrencies
Binance has grown exponentially since it was founded in 2017 and is now one of, if not the biggest cryptocurrency exchanges on the market.
Bitpanda
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Min Deposit
$1
China
Start Trading View key features
Key Features
Fully automated platform with instant transactions
A wide variety of payment options
Good for beginners
Top Coins
Payment Methods
Visa, Mastercard, Neteller, Skrill, Sofort, Giropay, EPS, Credit Card
BitPanda is a Bitcoin broker based in Austria. It offers a wide range of payment methods and has good prices.
Coinbase
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Min Deposit
$1
China
Start Trading View key features
Key Features
Trusted provider
Online Wallet
2 Factor Authentication
Beginner friendly
Top Coins
  • BTC
  • LTC
  • XRP
  • ETH
  • BCH
Payment Methods
Credit Card, Debit Card, Euro Bank Account, 3d Secure Credit Card
Coinbase is one of the first places that made it easy to buy bitcoin and has since become a widely trusted exchange in the market.
Coinmama
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Min Deposit
$50
China
Start Trading View key features
Key Features
Safe & Secure cryptocurrency exchange
Easy Intuitive interface
Impressive limits
Liquidity Accepted in over 200 countries
Top Coins
  • BTC
  • DOGE
  • ADA
  • LIBRA
  • BNB
Payment Methods
Credit Card
Coinmama is a bitcoin broker based in Israel. They specialize in selling bitcoins for credit card to nearly anyone in the world.
Crypto Rocket
Key Features
Crypto and Forex Trading
Same Day Withdrawals
24/7 Professional Support Team
Min Deposit
$10
China
Start Trading View key features
Key Features
Crypto and Forex Trading
Same Day Withdrawals
24/7 Professional Support Team
Top Coins
  • ETH
  • XRP
  • LTC
  • BTC
  • DASH
Payment Methods
Credit Card, Debit Card, Bitcoin
Trade with a trusted market leader with an established track record of economic strength and stability. CryptoRocket is a proven online trading provider, offering trading with a wide variety of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, and more.
Trading leveraged products such as Forex and CFDs may not be suitable for all investors as they carry a degree of risk to your capital. Please ensure that you fully understand the risks involved, taking into account your investments objectives and level of experience, before trading, and if necessary seek independent advice.
Yobit
Key Features
Min Deposit
-
China
Start Trading View key features
Key Features
Top Coins
  • BTC
  • LCC
Payment Methods
Credit Card, Debit Card, Cryptocurrencies, Perfect Money, Payeer
YoBit is one of the oldest cryptocurrency exchange on the market. YoBit has been working since 2014 and never been hacked. The exchange offers for traders more than 432 coins and 4064 pairs for trading. Usual daily trading volume i more than $50 million. YoBit supports both cryptocurrencies and fiat money for deposits and withdrawal. The exchange respects user's privacy and do not oblige to pass KYC.

What is a bitcoin broker?

A bitcoin brokerage is a middleman for buying and selling bitcoin. In the same way that you’d use a bureau de change at an airport to exchange your currency to another, a broker is a company that will buy and sell bitcoin at a fixed price. Bitcoin brokers are also one of the only options that allow you to buy a very large amount of bitcoin at a time (for instance if you want to invest £50,000 or more).

How do brokerages work?

Brokers or trading platforms allow you buy bitcoin at a set value, which the platform or broker holds for you. Technically, using this method you do not own the coin itself, rather you own the value-change of it. Therefore, its a trade. If you buy bitcoin at £1,000 and it goes up to £1,100, you could sell it and keep the extra £100. Simple really.

How do I use a bitcoin broker?

It’s easy. Just go to the broker site and it will have the current rate at which they’re selling bitcoin displayed. If you’re happy with the bitcoin price then set up an account, select how much you want to buy, then enter your payment details and get moving.

What should I look for in a broker?

Design and ease of use

The purpose of a broker is to make the process of buying bitcoin easier. You want to make sure the bitcoin broker is designed in such a way as to make it as simple as possible for you to navigate through and make your BTC purchases.

Price

Different bitcoin brokers will charge a different amount for buying bitcoin, as any commission charged by a platform will be included in the price listed, referred to as spread. To find the best rate it’s a good idea to compare multiple platforms.

Payment charges

You want to make sure you’re getting a good deal on your purchase. Depending on the platform and your chosen payment method, there could be fees of 0% to 5% of the purchase amount, with credit card being the most expensive option.

Reputation

You will want to be sure you are sending your money to a company that will not disappear with your cash. In the UK, brokers must be regulated so look out for this when reading reviews. There are many platforms that have been around for a while and have good reputations. Some of the common options you should consider include eToro and Coinmama.

Variety of coins

If you want to buy more than just bitcoin, you can find brokers with a range of cryptos. Platforms will usually offer all the top coins, and will often be more than happy to assist you in buying.

Do I have to verify my identity?

Yes, you have to verify your identity to register with a bitcoin broker. Usually you’ll have to provide proof of your ID (such as a passport and a driving license) and address (such as a utility bill or bank statement). Typically you’ll have to provide a selfie of you holding your photo ID to prove it’s yours.

What’s the difference between a bitcoin broker and an exchange?

On a Bitcoin exchange you buy and own bitcoin directly from other people, it’s peer-2-peer, whereas with a broker you’re buying the value of the coin from the platform. Exchanges are much more complicated to use as they have cryptocurrency price charts and constantly refreshing order lists; there’s a huge learning curve. A broker platform however handles the whole process for you and provides a fixed price.

Do brokers charge commission or fees for buying bitcoin?

Yes, but these are included in the BTC price displayed. The price advertised is the price you pay, without any percentage commission being added when you’re entering your details. The only additional fees will be if a platform charges a fee for specific payment methods (e.g. credit cards).

Can I buy multiple cryptocurrencies through a broker?

Yes, most brokers sell a variety of cryptocurrencies, including the major coins such as Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and Ripple at the very least.

Do I need a wallet to use a bitcoin broker?

No, as the platform holds all values for you.

Should I use brokers to buy and sell bitcoin?

Well, it depends. If you want an easy and seamless way to capitalise on the growth and price fluctuations of bitcoin, this is the best and most simple option. If however you’re looking to hold your Bitcoin personally; to use, spend or otherwise – then an exchange is the better option.

Pros
  • Brokers make buying bitcoin easier, particularly for new investors
  • They offer more protection from short term fluctuations in the value of bitcoin
  • Trading through a broker is faster than signing up to a coin exchange
  • Brokers usually have helpful customer service
  • You typically have a wide range of payment options
Cons
  • Some brokers aren’t regulated
  • Prices are likely to be (nominally) higher than on exchanges because they include spread fees

FAQs

ℹ Can I transfer from a bitcoin broker to my PayPal account?
ℹ Are bitcoin brokers available 24/7?
ℹ Can I use other cryptocurrencies to buy bitcoin through a broker?
ℹ Can I use multiple brokers?
ℹ Are bitcoin brokers legal?
ℹ Are brokers regulated?
ℹ Do I have to pay tax on the profits I make on my coins through a broker?
ℹ Can brokers hold my coins for me?
ℹ Can I access my full trading history with a broker?
By Harry Atkins
Harry joined us in 2019 to lead our Editorial Team. Drawing on more than a decade writing, editing and managing high-profile content for blue chip companies, Harry’s considerable experience in the finance sector encompasses work for high street and investment banks, insurance companies and trading platforms.
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