When there is no centralized government body that manages a currency the activities that are economical and how it works on cryptocurrency will be absolutely private. To tell the truth, the concept of cryptocurrency is something very new to everyone and hence, needs a lot of testing and validation to be done in this field, but all these factors are not affecting the popularity of cryptocurrency as it is the most profitable type of currency compared to any other type of currency till today. Several countries have welcomed this idea and not many countries have banned it but most of them have made sure to follow and maintained the strict policy of it being regulation free and no involvement. In consideration of all the above things people who want to do cryptocurrency trading and out to look for a broker and trading market that they can rely on and one such software is Crypto Code. Let us discuss few best platforms for the trading cryptocurrency.
- eToro: First on the list is eToro platform. This platform offers social trading as well as is the broker-dealer for multiple assets. Cyprus, Israel and the United Kingdom are the places where it has its offices. This platform offers another feature where it will allow the traders to take a look at how other people are doing trading and what strategies they are using and lets them to copy these strategies. The above features are offered by eToro’s OpenBook and WebTraders that are its products which will allow them to learn from one another. The fees that you need to pay to make use of its feature depends on the dynamics of the market and it has a user friendly UI.
- Kraken: Next the platform by name Kraken. There are three new features offered by this which are innovative one that are:
- Rapid execution
- Excellent support
- High security
Kraken has its offices in San Francisco and the USA. Kraken can be operated from any part of the world and there are few countries where this is not eligible, for them Kraken offers pre-validation. Both cryptocurrency and fiat are accepted by this exchange. If a trader wants to complete their transaction it is done by transferring through the wire that is done at a bank. Credit card, debit cards, and cash are not accepted by this platform. There are 0% fees and that’s how low it offers and it also depends on how many trades you place. The calculation of the charges is done by the amount of trades you have performed in the last 30 days.