Use our comparison table of Cryptocurrency accounts to compare costs and the different ways to buy and sell cryptocurrencies. Please Note: Investing in cryptocurrencies is very high risk and not regulated by the FCA. There is a very high chance you may lose all your money.
Best Cryptocurrency Brokers 2023
| Cryptocurrency Platform | Number of Cryptocurrencies | Costs & Fees | Minimum Deposit | GMG Rating | More Info |
|---|---|---|---|---|---|
 | 150 | 3.5% | $50 | See Offer Capital at risk |
|
 | 30 | 1.99% | $50 | See Offer Capital at risk |
|
 | 120 | 1% | From $50 | See Offer Capital at risk |
Methodology: We have chosen what we think are the best cryptocurrency platforms based on:
- over 17,000 votes in our annual awards
- our own experiences testing the accounts with real money
- an in-depth comparison of the features that make them stand out compared to alternatives.
- interviews with the crypto platform CEOs and senior management
eToro: Best cryptocurrency trading platform
eToro Cryptocurrency Investing Review
Name: eToro Cryptocurrency Investing
Description: With eToro you can buy and sell cryptocurrency on their normal investment platform in USD or for advanced crypto investors you can deposit and withdraw crypto on the eToro crypto exchange.
Summary
A good all-around cryptocurrency investing platform, suitable for those wanting to invest in the most popular crypto coins.
Fees: The 1% fee for trading crypto is included in the buy-sell spread when you trade crypto.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Pros
- 120 cryptocurrencies
- $50 minimum deposit
- 1%* commission on crypto trading
Cons
- Accounts only in USD
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Pricing
(4)
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Market Access
(3.5)
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Online Platform
(4.5)
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Customer Service
(4)
-
Research & Analysis
(4)
Overall
4Coinbase: NASDAQ-listed cryptocurrency exchange
Coinbase Review
Name: Coinbase
Description: Coinbase is a cryptocurrency exchange that lets you buy and sell various cryptocurrencies like Bitcoin, Ethereum, Cardano and Solana. Coinbase was listed on the NASDAQ exchange in 2012 and claims to have over 108 million users in over 100 countries and process $159 billion in quarterly volume.
Summary
Coinbase is one of the largest cryptocurrency exchanges and is publically listed on the NASDAQ exchange. It offers access to large selection of cryptocurrencies that can be traded on it’s crypto exchange or withdrawn to a cryptocurrency wallet.
Pros
- Wide range of cryptocurrencies
- Publically listed company
- Exchange and withdrawals
Cons
- Very high-risk investment types
- You can lose all your money
- Cryptocurrency still unregulated
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Pricing
(3)
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Market Access
(5)
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Online Platform
(4.5)
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Customer Service
(3)
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Research & Analysis
(3)
Overall
3.7- Thinking about using Coinbase? Read our expert Coinbase review first.
Revolut: Good for smaller crypto traders
Revolut Cryptocurrency Investing
Summary
A good choice if you are just dabbling in cryptocurrency and don’t need anything too complicated.
Fees: Crypto fees are reduced to 1.5% for Metal and Platinum account holders.
Pros
- 30 cryptocurrencies
- $50 minimum deposit
Cons
- 1.99% commission for base accounts are quite high
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Pricing
(4)
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Market Access
(3.5)
-
Online Platform
(4)
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Customer Service
(3.5)
-
Research & Analysis
(3.5)
Overall
3.7What is the best overall cryptocurrency trading platform?
eToro won “best cryptocurrnecy platform” in our 2023 awards. We liked the way they stay away from the smaller more unstable coins and provide an easy way to get exposure to the cryptomarkets. The thematic crypto funds are a particularly interesting way to diversify your exposure to the crypto markets.
Cryptocurrency trading platform FAQs:
Some cryptoassets can be used to make payments. Others are designed to facilitate ‘smart contracts’ – digital agreements that can be used to settle complex transactions.
A cryptocurrency is a digital asset that can be transferred, stored, and traded electronically. You can think of cryptocurrency as a form of digital money designed to be used over the internet.
It’s possible to make money with cryptocurrencies by trading them. However, it’s also possible to lose a lot of money trading crypto.
Cryptocurrency itself is typically not a scam. However, cryptocurrencies are often involved in scams. For example, scammers often demand that people pay them money in Bitcoin.
Investing in cryptocurrency is very risky. It’s riskier than investing in stocks, bonds, or real estate. You should only invest money you can afford to lose.
A fiat currency is backed by a government. A cryptocurrency is not backed by any central authority.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
