Best Bitcoin Broker 2020

In this review I will list the best bitcoin broker of 2020.

All of the bitcoin trading platforms in this article have been hand-picked due to special functionalities and features, such as:

  • Payment Options
  • Credit Card Fee
  • Trading Fee
  • Trading Interface
  • Trading App
  • Leverage
  • Option to Short Bitcoin

If you want to buy or trade bitcoin, these brokers will have everything you need.

Everything from very advanced trading interfaces to very simple buy and sell functions for long term investments.

Before you choose which bitcoin broker is your favorite, make sure you read through the whole review.

All of these platforms are different in some ways and they all suit different bitcoin traders and investors.

Some of them have focused more on the trading side of bitcoin while others have focused on security and safety for investors.

Best Bitcoin Brokers Compared

ExchangeCoinsPayment MethodTrading FeeInfo
FXTM
4
Maestrovisa logoyandex
mastercard logo  webmoney
NetellerSkrillbanktransfer
+30 more
0.04 pips
✓ CySEC + FCA + FSC Regulated
 Excellent Trading Education tools
Cryptocurrencies trading is currently available only under Exinity Limited
Start Trading
fpmarkets.com
5
visa logomastercard logobpay
Neteller Skrill
paypalbanktransfer
poliunion pay
0.00 - o.57 pips
Bitcoin Scalping Platform
MT4 Trading Platform
From 0.00 pips fee
Start Trading
Capital.com
17
visa logomastercard logo
banktransfer Neteller
SkrillTrustly
apple payworld pay
0%
✓ Great Day Trading Interface
CySEC + FCA License
AI-technology 
Start Trading
Axi
7
visa logomastercard logo
bank logo
Neteller
Skrill
0.0 pips
 Bitcoin CFD-Trading
MT4 Trading Platform
FCA-Regulated Broker
Start Trading
Prime XBT
6
visa logo
mastercard logo
0.05%
 Lowest Trading Fees!
 Trade Bitcoin with Leverage
✓ Advanced Trading Interface
Start Trading
Skilling
10
visa logomastercard logo
TrustlyKlarna
Swish
NetellerSkrill
0.04%
 Recommended Exchange!
 CFD Crypto Trading
 3 Different Trading Platforms
Start Trading
Axitrader
7
visa logomastercard logo
bank logo
Neteller
Skrill
0.0 pips
 Bitcoin CFD-Trading
MT4 Trading Platform
 FCA-Regulated Exchange
Start Trading
Changelly
160
visa logomastercard logo
bank logo
applepay logo
0.25%
 Buy Bitcoin Instantly
 No Account Needed
 A lot of Altcoins
Start Trading
Paxful
Bitcoin
visa logomastercard logobank logo
Swish
NetellerSkrillapplepay logo 
+335 more
1%
 Recommended Exchange!
343 Payment Methods!
Trusted platform
Start Trading
KuCoin
260+
visa logo
mastercard logo 


0.10%
 Advanced trading interface
 Trade Bitcoin with Leverage
 Good for Experienced Traders
Start Trading
Binance
190
visa logo
mastercard logo
bank logo
0.10%
 125x Bitcoin Leverage!
 Good for all Traders!
 Option to Short Crypto
Start Trading
Coinbase
22
visa logo
mastercard logo
bank logo
0.50%
✓ Best for Beginners
 Very High Security
 Buy Crypto with Credit Card
Start Trading
Okex
60
visa logomastercard logo
bank logo
applepay logo
0.15%
 Buy Crypto with Credit Card
 Professional Trading Interface
 Very good Reputation
Start Trading
Kraken
40
bank logo
0.26%
 Good for US Traders
 Very High Security
 Popular Trading Platform
Start Trading

What is a Bitcoin broker?

A bitcoin broker is a trading platform where you can buy, invest, and trade Bitcoin.

Here you will find other traders to trade against and many functionalities like shorting bitcoin, trading bitcoin with leverage or margin and very often good charting tools.

Depending on your level as a trader there are many different trading interfaces to use on different bitcoin brokers.

In this review I’ve listed different bitcoin trading platforms with a variety of features that you can use to your advantage.

The list of the best bitcoin brokers 2020 are:

  1. Coinbase
  2. Binance
  3. Kraken
  4. Okex
  5. Changelly
  6. CoinSwitch
  7. KuCoin

It’s very easy to get started since all of these platforms will let you buy bitcoin with credit card or bank transfer.

Once you have created an account and deposited money, you can check out the platforms and get familiar with all the functionalities.

Then you are free to invest in bitcoin through the broker and either store your coins on the platform on in a bitcoin wallet.

To summary, a bitcoin broker is a platform where you get access to bitcoin, security and many different trading possibilities.

Of course, there is a fee involved in buying and trading bitcoin but I’ve chosen bitcoin exchanges with the lowest fees.

How do bitcoin brokers make money?

There are many ways a bitcoin broker can make their money.

Primarily they create revenue from the trading fee of their customers.

For example, when you buy bitcoin with credit card, there is usually a fee around 3-5%. When you trade bitcoin on a broker, there is a fee around 0.10% – 0.50% depending on the platform.

These are the two main sources of income.

Also, they usually have some kind of extra features where traders can trade altcoins and other cryptocurrencies and there is a fee to list a coin on the broker exchange.

If you can trade bitcoin with leverage on the broker there is a fee involved with lending margin from the platform.

This fee adds upp depending on how much you buy and how much leverage you use.

Usually there is no fee to deposit bitcoin on a broker if you already own the coin but there might be a fee to withdraw your potential winnings from the platform later.

Bitcoin brokers can also make money if they are putting up the liquidity for the trading on the exchange.

If that is the case they will be taking the other side of the trades for their customers.

This means that if a trader makes a profitable trade, the broker loses money.

But if the trader loses money on a trade the bitcoin broker stands to make money from this trade.

As we know most of the traders lose money over time, so this is a very profitable business for the platforms who can supply liquidity to their traders.

Do I need a broker to trade bitcoin?

The short answer is no, you don’t.

However, if you want to make sure your coins are stored safe and there is no risk of theft in the process of buying or trading bitcoin, I would recommend using a broker.

There are many ways to buy bitcoin on the free market since the blockchain is accessable for everyone.

But there are a lot of bad actors in the cryptocurrency space and many of them are trying to scam people with less knowledge.

This is why I always recommend to use a bitcoin broker for security.

You can safely buy, trade and store bitcoin on the exchange with almost no risk of getting scammed.

Make sure you choose a reputable exchange with good security features and a big following.

The more traders there are using one exchange, the better it is.

Also, if you want to get access to trade bitcoin with leverage or perhaps short-sell the coin, you need a broker for that.

To summary, in order to safely buy and trade coins you need a safe broker with good reputation to handle your transactions and storage.

Which Bitcoin exchange has lowest fees?

There are two fees you need to consider before starting to trade bitcoin.

  • Trade Fee
  • Credit Card Fee

The bitcoin broker with lowest trading fees is for sure Prime XBT.

It’s a bitcoin broker where you can trade bitcoin with leverage or short sell very cheap.

The basic taker trading fee is only 0.05%.

Here you are able to use up to 100x margin.

The bitcoin broker with lowest credit card fees is Cex.io.

The credit card fee on Cex.io is only 2.99%, which is lower than both Coinbase and Binance.

So if you want to buy bitcoin very cheap you should definitely check out Cex.io.

Best Bitcoin Broker USA – Coinbase

coinbase bitcoin broker

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Coinbase is a regulated and licensed bitcoin broker based in USA.

It’s one of the most trusted trading platforms you can use to day.

This has a lot to do with their reguglation as a Money Transmission Service, or MTS for short.

When you register as an MTS you are obligated to keep back up funds to a certain amount depending on your client base.

So, if Coinbase would ever get hacked and your coins would get lost, they will soon be retrieved back to you from the backup funds they keep in storage.

Another insteresting fact is that Coinbase has served over 30 million clients since there inception.

This is pretty amazing and it makes them one of the biggest trading platform if you look at the customer base.

On Coinbase you will enjoy a very easy to use interface with a lot of funtionality such as

  • Trading interface
  • Bitcoin Wallet
  • Vault Storage
  • Bitcoin Margin Trading
  • Altcoin Trading
  • Buy Bitcoin with Credit Card
  • Buy Bitcoin with Bank Transfer

All of this will be available to you within a few minutes since it’s very easy to create an account on Coinbase.

However, you will have to file your KYC documents before you start to trade.

This is something that’s very beneficial to you because if your account were to get suspended or hacked, only you can retrieve it by sending in the right documentation.

How to Buy Bitcoin on Coinbase

It’s very easy to get started on Coinbase and the fastest way to buy bitcoin is with your credit card.

After you have regiestered and got your account setup click Prices on the first page.

coinbase prices

This will take you to all the cryptocurrencies currently being sold and traded on Coinbase.

At the top you will find Bitcoin.

All cryptocurrencies on Coinbase with the “Trade” button are available to buy.

Click Trade on bitcoin.

best bitcoin broker coinbase prices

This will take you to the order selection page and a new window till pop up.

Here you will be able to choose how to buy bitcoin.

This is what it looks like:

buy bitcoin on coinbase

I’ve already filled in the details for my credit card so I don’t have to do it again.

When you do it for the firs time you will get a different window.

It only takes a few moments to add the card and then you are good to go.

Here you can buy, sell, or convert bitcoin instantly and very cheap.

This is what makes Coinbase one of the best bitcoin brokers 2020.

Coinbase Fees

Coinbase has some of the lowest fees out of all bitcoin brokers and this is a good reason to use this platform.

The standard trading fee on Coinbase is 0.50% per transaction.

Here is quick look at the fees from the exchange.

coinbase fees

If you are going to invest in bitcoin with a credit card you only pay 3.99%

Wire transfers cost only $10 to $25 on Coinbase and their US Bank Transfers have a fee of 1.49%.

Take a look at this fee table from the platform.

fees on coinbase

When you choose a bitcoin trading platform, make sure that they are transparent with their fees.

It should be very easy to navigate to their fee page.

Coinbase is a very transparent exchange and there are no hidden fees.

How to Trade Bitcoin on Coinbase

Before you start trading bitcoin on Coinbase you need to register an account first at their main page.

The next step is to head over to their trading platform, which is called Coinbase Pro.

Here you will be able to trade bitcoin with a semi-professional trading interface.

This is what it looks like.

coinbase pro trading interface

Also, you need to transfer bitcoin from Coinbase to Coinbase Pro in order to be able to trade.

To the left you have the order selection tab where you can either use Market orders, Limit orders or Stop orders.

This is all you need to trade effectively.

To the right of the order selection you havea full order book where you can see large orders coming in.

Sometimes this can be a good sign to buy if there is good volume pushing the price up.

To the far right on this interface you have the order history where you can scan all the buy and sell orders going through.

This can be good to see if there is a general buying pressure or selling pressure in the market.

In the top left you have all the different trading pairs against bitcoin where you can select other coins to trade.

bitcoin broker coinbase pro interface

Here you can trade against other cryptocurrencies like Ethereum, Ripple, Litecoin, EOS, and Dash.

This is great to use because sometimes there is more action in another trading pair and you should always look for volatility when day trading cryptocurrenies.

Coinbase Pro offers 3x leverage trading with bitcoin.

However, I would only recommend that you try bitcoin leverage trading if you have some experience.

Overall, Coinbase is definitely deserves a spot on the best bitcoin brokers for 2020.

Give it a try and good luck.

Best Bitcoin Broker UK – Binance

bitcoin broker binance

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Binance is based in Malta and is one of the largest bitcoin brokers on the market today with millions of traders actively trading and investing every day.

Binance has a wide variety of functionalities like:

  • Buy Bitcoin with Credit Card
  • Margin trade Bitcoin
  • Short sell Bitcoin
  • Bitcoin Futures
  • Bitcoin Derivatives
  • Bitcoin OTC trading
  • Bitcoin Staking
  • Bitcoin Loans

The opportunities to earn profits are almost endless on Binance and there is always something new to learn.

The reason Binance has become so popular is thanks to a very user-friendly interface, very low trading fees and access to many different trading features.

On Binance you can choose to either invest in bitcoin long-term or use their two different trading interfaces to day trade bitcoin.

Binance also has a bitcoin trading app.

How to Buy Bitcoin on Binance

The fastest and easiest way to buy bitcoin on Binance is with a credit card.

On the first page, navigate to the top left corner and click Buy Crypto.

bitcoin broker binance

Here you will be able to buy bitcoin with a debit, or credit card.

Binance currently supports all the major fiat currenvies, such as, USD, EUR, GBP, AUD, CAD, and many many more.

After you click the buy crypto button you wil get a new pop up window.

Here you will be able to choose the amount and your own fiat currency.

buy bitcoin on binance

After you have chosen your amount and your own fiat currency, click Buy BTC.

Congrats, that’s how to buy bitcoin on Binance.

Binance Fees

Binance has some of the lowest bitcoin fees of all bitcoin brokers.

Their taker tradin fee is 0.10%.

bitcoin broker binance fees

This helps a lot if you are going to trade bitcoin with leverage for example.

Bigger position sizes means bigger fees, but not on Binance.

Also, the more you trade on Binance, the lower the fees gets.

A higher average monthly trade volume means that your trading fees gets reduced.

This is very good for anyone who is trading a lot of size every month.

If you trade over 150000 BTC in volume per month your fee on Binance will drop to 0.04%.

If you are going to buy BTC with credit card on Binance you will only pay 3.50%

binance bitcoin broker fees

This is also one of the reasons why Binance is on the list of the best bitcoin brokers of 2020.

How to Trade Bitcoin on Binance

If you want to trade bitcoin, Binance is definitely one of the best choices.

Binance has two different trading interfaces

  • Classic
  • Advanced

If you are a beginner bitcoin trader I would advice you to start with the Classic trade interface.

It’s more simple but still has a lot of tools to use.

This is what it looks like.

bitcoin broker binance trade interface

This interfaces comes with three indicators, MACD, Volume, and Moving Averages.

To learn more about cryptocurrency indicators, click here.

In the top right corner you have all the different BTC market pairs.

There is always some kind of opportunity when you trade on Binance thanks to the variety of coins.

In the middle at the bottom you have the order selection where you can use Limit orders, Market orders, and Stop orders.

Make sure to always use a Stop Loss order, especially if you trade BTC with leverage.

At the top of the interface you will find the different time frames where you can swap to zoom out or zoom in.

Now to the Advanced interface.

bitcoin broker binance advanced trading interface

As you can see at the top of the page there are more indicators to trade bitcoin with.

You are free to add your favorite to help you find trade setups.

In this interface you will be able to see your open positions better, which is very useful if you are going to day trade BTC.

Also, to the right just above the order selection you have the order book and the order history bunched togheter.

This is very practical if you want to trade bitcoin with order flow.

Now, that’s how to trade bitcoin on Binance.

Try it out and see what you think.

Best Bitcoin Broker Canada – Kraken

kraken bitcoin broker

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Kraken is a USA based bitcoin broker that has become very popular during the last few years.

It is also a bitcoin trading platform that has stayed in the game for the longest time since it was founded back in 2011.

Over the years this has made Kraken one of the most trusted bitcoin brokers and definitely one of the best for 2020.

It’s a great place to start if you are a beginner trader and also if you are a veteran.

There are a lot of useful tips for begginners and very high end developed trading interfaces and tools for veteran BTC traders.

Some of the best features on Kraken is:

  • Bitcoin Margin trading
  • Bitcoin Futures
  • Bitcoin staking
  • OTC trading
  • Short sell Bitcoin

You will also be able to enjoy very low trade fees on Kraken which is something everyone is looking for now with the increased activity in cryptocurrencies.

Overall, Kraken is a very easy and safe platform to get started if you are looking to buy bitcoin with bank transfer, USD, CAD, or EUR.

How to Buy Bitcoin on Kraken

It’s very easy to buy bitcoin on Kraken.

The first thing you do when you have created your account is to visit the first page.

Here you will see some of the major cryptocurrencies listed and of course BTC.

Click Buy on the right side.

bitcoin broker kraken

This will take you to another page where you will be able to fill in the amount of BTC you want to buy.

Kraken will accept SWIFT, SEPA, and domestic bank transfers.

When after you fill in all your details just go ahead an procede to buy.

That’s it, now you know how to buy bitcoin on Kraken.

Kraken Fees

Kraken fees are some of the lowest on the market today, it starts at only 0.26%

You have different fees depending on what type of orders you use when you trade.

These are the different fees:

  • Maker
  • Taker

Here I’ve outlined the Taker fee, which most used by traders.

bitcoin broker kraken trade fees

The maker fee is for someone who is adding liquidity or orders to the order book.

For example, if you use Limit orders you are adding your order to the order book and therefor you have a lowwer trade fee since you are adding liquidity to the platform.

The Maker fee starts at 0.16%

The Taker fee is for those traders who are used to trade with Market orders, which is very common.

This order takes the best order or the best price from the order book.

This means that you are reducing liquidity from the order book and have to pay a higher fee.

So, there are two ways to reduce your trade fees on Kraken.

First, you can start using Limit orders to add liquidity to the order book.

It’s a little bit more difficult because you need to be more accurate with your entry.

Also, you will not be able to enter exactly when you want.

Second, you can increase your montly trade volume and Kraken will reward you with lower fees.

How to Trade Bitcoin on Kraken

Now, let’s check out how to trade btc on Kraken.

On the first page, click Trade.

trade bitcoin on kraken

This will open the trade window

Here you have four options to choose from:

  • Simple
  • Intermediate
  • Advanced
  • Kraken Pro

This is what it looks like and depending on your level as a trader you can choose which trade interface you want.

kraken trade interface

The button in the top right corner will take you to their real trade interface.

Here you will be able to trade with all the indicators you need and plenty of drawing functions.

It’s a fully developed professional trading interface.

It’s also something that makes Kraken one of the best bitcoin brokers of 2020.

If you are going to make real money trading bitcoin you need a good trade tools.

Let’s take a look at the interface.

kraken trading interface

In the top left corner you have your different time frames.

It’s possible to trade btc on a 1 min chart on Kraken.

In the middle at the top you have all your indicators and other tools to help you analyze the market.

And yes, there are a lot of professioanl tools and indicators you can use.

To the right in the top corner I’ve outlined the order selection together with the leverage selection.

Here you can easily change your leverage while you trade on Kraken.

That’s how to trade bitcoin on Kraken.

Good luck and make sure you use a stop loss order!

Best Bitcoin Broker Europe – Okex

okex bitcoin trading platform

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Okex is another Malta based bitcoin broker with millions of traders trading the markets daily.

It’s also one of the most secure trading platforms and it has got a very good reputation for being safe.

One of the reasons so many traders use Okex is because they are one of the oldest bitcoin brokers out there.

They opened in 2011 and are only getting better.

On Okex you will be able to use several different trading functionalities, such as:

  • Trade Bitcoin with leverage
  • Bitcoin Futures
  • DEX trading
  • Bitcoin Options
  • Perpetual Swaps

There are also a number of different altcoins you can trade against BTC if you are a more advanced trader.

There are roughly 60 altcoins on Okex.

You will also enjoy a very good trading interface and very safe wallets.

Overall it’s safe to say that that Okex definately deserves a spot on the best bitcoin broker list of 2020.

How to Buy Bitcoin on Okex

It’s very easy to get started on Okex since they accept credit card payments when you buy BTC.

On the first page, navigate to the to pleft corner and click the Buy/Sell button.

how to buy bitcoin on okex

This will take you to the buy page and here you are free to choose the amount of BTC you want to buy and also your preferred fiat currency and payment method.

Okex currently accept these fiat currencies:

And here are all the payment options on Okex:

This is one of many reasons why this bitcoin trading platform has become so popular.

All the major fiat currencies are accepted and there are plenty of differnet payment options to choose from.

So, when you are on the Buy page on Okex it will look like this.

buy bitcoin on okex

Simply choose the amount of BTC you want to buy and then select the amount.

Lastly select your payment method and fill in the details they ask for.

Done!

That’s how to buy bitcoin on Okex.

Very easy and that’s something I really like with this platform, things are very easy and fast.

Okex Fees

Okex fees are very competetive and they are truly on top of the game when it comes to costs.

The basic taker trading fee on Okex is 0.15%.

okex fees

Remember that if you trade BTC with leverage on Okex you are getting the same fees as this table.

That’s very important and good because you need lower fees if you are going to survive in the margin trading world.

Also, if you trade enough margin and a lot of volume every month you are going to see lower fees.

That’s right, Okex will lower your fees the more you trade.

Check this fee table on the exchange to learn more.

How to Trade Bitcoin on Okex

Now let’s learn how to trade bitcoin on Okex.

First, on the home page, hover over the Trade button in the top left corner.

From here it’s up to you how you want to trade BTC.

But if you want to trade it with the spot price, click Spot Trading.

This will take you to their trading interface which looks like this.

okex trade interface

In the top left corner you have all the different market pairs to trade against BTC.

At the top of the interface you can change between spot and margin if you want to trade BTC with leverage.

To the right I’ve outlined your order selection where you can use many different orders like, Limit orders, Market orders and Stop loss orders.

Take your time to study the interface before you start.

There is also a full screen mode on this interface which you can activate by clicking “Full Screen” just above the chart.

It looks like this.

okex full screen trading

You will have the same layout in a different format.

The thing that has changed is the functionalities of the interface.

You have more indicators to use, the chart is bigger and more responsive, a full order book with order history and also a lot more drawing tools to use.

Now you know how to trade bitcoin on Okex.

Make sure you try out all the different functionalities and always use a stop loss when you trade.

Best Bitcoin Broker – Changelly

 changelly bitcoin broker

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Changelly is the first instant bitcoin broker in this review list and it’s been around since 2013.

An instant btc broker is something different from a regular centralized platform in a couple of ways.

First of all, on Changelly you will be able to buy and trade bitcoin instantly.

As soon as you’ve sent your KYC documents you can buy BTC super fast and easy, that’s a huge benefit of using an instant exchange.

Some of the best features of Changelly is:

  • Buy Bitcoin with Credit Card
  • Buy Bitcoin with Bank Transfer
  • Buy Bitcoin instantly
  • Swap Bitcoin for Altcoins
  • Trade Bitcoin without KYC

Second of all, you don’t need to have an account to buy and trade BTC on the exchange.

How is this possible?

Everything is done from wallet to wallet.

So all you need is a bitcoin wallet and that’s it.

Changelly is connected to some of the most popular cryptocurrency exchanges like Binance and Bittrex thorugh a very smart algorithm.

This algorithm scans several different BTC trading platforms to find the best prices and offers for you.

Also, Changelly has gotten a very good reputation over the years and is one of the most trusted instant brokers on the market today.

How to Buy Bitcoin on Changelly

Okay, let’s take a look at how to buy bitcoin on Changelly.

On the first page you will have the option to exchange, buy or sell cryptocurrencies.

Here you choose BTC and your preffered fiat currency.

buy bitcoin on changelly

Changelly is a bitcoin broker that currently supports these fiat currencies:

  • USD US Dollar
  • EUR Euro
  • GBP Pound Sterling
  • AED United Arab Emirates Dirham
  • ARS Argentine Peso
  • AUD Australian Dollar
  • AZN Azerbaijani Manat
  • BGN Bulgarian Lev
  • BRL Brazilian Real
  • CAD Canadian Dollar
  • CHF Swiss Franc
  • CLP Chilean Peso
  • COP Colombian Peso
  • CRC Costa Rican Colón
  • CZK Czech Koruna
  • DKK Danish Krone
  • DOP Dominican Peso
  • GEL Georgian Lari
  • HKD Hong Kong Dollar
  • HUF Hungarian Forint
  • ILS Israeli New Shekel
  • INR Indian Rupee
  • JPY Japanese Yen
  • KRW South Korean won
  • KZT Kazakhstani Tenge
  • MAD Moroccan Dirham
  • MDL Moldovan Leu
  • MXN Mexican Peso
  • MYR Malaysian Ringgit
  • NAD Namibian dollar
  • NGN Nigerian Naira
  • NOK Norwegian Krone
  • NZD New Zealand Dollar
  • PEN Sol
  • PHP Philippine peso
  • PLN Polish Złoty
  • QAR Qatari Rial
  • RON Romanian Leu
  • RUB Russian Ruble
  • SEK Swedish Krona
  • SGD Singapore Dollar
  • TRY Turkish lira
  • TWD Taiwan New Dollar
  • UAH Ukrainian hryvnia
  • UYU Uruguayan Peso
  • UZS Uzbekistani Som
  • VND Vietnamese dong
  • ZAR South African Rand

Changelly choose between several payment methods, such as Credit Card, Apple Pay, and Bank Transfer.

visa logo

mastercard logo
applepay logo
bank logo

When you click buy you will get ridirected to the Buy page.

The easiest and fastest way to buy bitcoin on Changelly is with a credit card.

Here you will get to see all the offers coming in from the different exchanges Changelly is connected to.

Buy bitcoin on changelly

To the left you are able to choose payment method and in the middle at the top you will see the best offer on the market for your price.

When you have selected your amount, fiat currency, and your payment method, go ahead and click Buy Now.

Now you will get redirected to a new page where you

bitcoin broker changelly payment

Double check your order and click Buy now.

If it’s the first time you will have to fill in your credit card details.

This only takes a moment and after that you are finished.

Congrats, now you know how to buy bitcoin on Changelly.

Changelly Fees

Changelly fees are up to standards with all the other professional exchanges.

The basic exchange fee on Changelly is 0.25%

changelly fee

Their credit card fee is fluctuating depeding on which payment processor you get.

You will get a different one depending on what coin you buy and how the market is performing.

On average the credit card fee on Changelly is 5% – 10%.

Changelly credit card fee

How to Trade Bitcoin on Changelly

Until recently, you were not able to trade with a chart on Changelly but they have made an update in the past days.

Now, Changelly offers a professional trading interface with a chart, charting tools, and indicators for bitcoin and other cryptocurrencies.

To get to the trade interface you need to visit the first page and click Our Solutions.

changelly bitcoin broker first page

This will open a tab and then you click Changelly PRO.

Here you can choose between Open Pro or download the Changelly trading app, click here for more information abbout the app.

Now the new trading interface on Changelly looks very good..

There is an order book, order history, and a tab to see all your open posoitions in this trading interface.

Let’s take a look.

changelly bitcoin broker trade interface

To the left I’ve outlined the different time frames and it’s possible to trad BTC on 1 min chart on Changelly.

To the right you have the order selections where you can choose between Market orders, Limit orders, and Scaled orders.

That’s pretty much all you need.

The trade chart already has Volume and Moving Average indicators added.

One good thing about this trading interface on Changelly is that you can customze it the way you like it.

I’ve pointed an arrow in the top right corner to highlight the Edit button.

You can move everything around and change the size.

For example, I like to trade with a bigger chart and I don’t mind the order book that much, so I will have the chart bigger and remove the order book completely.

Conrats, now you know how to trade bitcoin on Changelly.

Best Bitcoin Broker – CoinSwitch

coinswitch bitcoin broker

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CoinSwitch is the second instant exchange in this review and it definately deserves a spot on the top bitcoin brokers of 2020.

They launched their platform in 2017 and have been on a very good run since then.

The platform has earned very good reputation for being secure and very easy to use by hundreds of thousands of traders world wide.

On Coinswitch you will enjoy benefits like:

  • 45,000 different trading pairs
  • Very low Bitcoin trading fees
  • Buy Bitcoin with Credit Card
  • Secure wallets
  • Buy Bitcoin instantly
  • Trade Bitcoin without KYC

They let you trade from many different major exchanges without creating any more acounts.

I’ve already explained how the instant platforms work in the Changelly review but I will make a summary.

CoinSwitch has an algorithm that is connected to other exchanges like KuCoin and Binance.

This algorithm scans the market for prices and picks up only the best offers for you to buy.

There are two major benefits with this structure:

  • Trade from the best exchanges without accounts
  • Trade only the best prices

This is what have made CoinSwitch so popular in the last few years and why they keep growing so rapidly.

How to Buy Bitcoin on CoinSwitch

Now, let’s take a look at how to buy bitcoin on CoinSwitch the fast and easy way.

Today CoinSwitch only let’s you buy bitcoin with credit card, which is perfect for me because I prefer to use this payment method.

On the first page, click either Buy Crypto at the top right corner or Buy with Bank Card to the left.

This will open up a new window where you will get to enter the amount you want to buy in your fiat currency.

Here are all the accepted fiat currencies on CoinSwitch:

  • AED
  • ARS
  • AUD
  • AZN
  • BGN
  • BRL
  • CAD
  • CHF
  • CLP
  • COP
  • CRC
  • CZK
  • DKK
  • DOP
  • EUR
  • GBP
  • GEL
  • HKD
  • HUF
  • ILS
  • INR
  • JPY
  • KRW
  • KZT
  • MAD
  • MDL
  • MXN
  • MYR
  • NAD
  • NGN
  • NOK
  • NZD
  • PEN
  • PHP
  • PLN
  • QAR
  • RON
  • RUB
  • SEK
  • SGD
  • TRY
  • TWD
  • UAH
  • USD
  • UYU
  • UZS
  • VND
  • ZAR

When you have selected the amount of BTC you want to buy and your fiat currency, all you have to do is to add your bitcoin wallet address where you want to receive your BTC.

buy bitcoin on coinswitch bitcoin broker

If you don’t have a bitcoin wallet address CoinSwitch can help you out.

Under the address field there is a green text saying “don’t have one?”.

Click that and you will learn how to get a BTC address.

The next step if you have entered your address is to click continue and then fill in your credit card details.

That’s how to buy bitcoin on CoinSwitch.

CoinSwitch Fees

CoinSwitch fees are very competitive in the space of instant exchanges.

The fee to exchange and swap cryptocurrencies or bitcoin on CoinSwitch is 0% to 0.49%.

coinswitch fees

The Credit card fee on CoinSwitch is 5% – 10% and they are using the same payment processors as Changelly.

How to Trade Bitcoin on CoinSwitch

Currently CoinSwithc doesn’t have a developed trade interface.

They might be working on somwthing as a I see more and more instant exchanges expanding their services.

Best Bitcoin Broker – KuCoin

kucoin bitcoin broker

Visit Exchange

KuCoin is a very famous centralized bitcoin broker that has been around since late 2017, just as Bitcoin had it’s major bull run.

KuCoin is used by millions of traders over the world and is catagorized as one of the most secure trading platforms on the market.

It’s based in Hong Kong and is not prohibited for US traders.

Special features on KuCoin are:

  • Trade Bitcoin with Leverage
  • Bitcoin Futures
  • Buy Bitcoin with Credit Card
  • Margin trade Bitcoin
  • Short sell bitcoin

This and more special trading functionalities are available on this platform.

They say that 1 in 4 crypto traders are using KuCoin and that might actually be true because many of my friends trading crypto are using this platform.

Safety is also a very important factor on KuCoin and you have a designated security page on your account where you can do a lot of things to protect your funds.

How to Buy Bitcoin on KuCoin

Now I’m going to show you how to buy bitcoin on KuCoin.

It’s very fast and easy since they have the option to buy BTC with a credit card.

On the first page, hover over the Buy Crypto button and click Buy with Credit Card.

buy bitcoin on kucoin bitcoin broker

This will take you to another page where you can select the amount and the fiat currency you prefer.

At the moment, KuCoin is supporting all the major fiat currencies.

Here are all supported fiat currencies on KuCoin:

  • USD
  • EUR
  • DKK
  • NOK
  • NZD
  • PLN
  • SEK
  • TRY
  • ZAR
  • HUF
  • ILS
  • HKD
  • CAD
  • UYU
  • UAD
  • CZK
  • MYR
  • NGN
  • SGD
  • TWD
  • BGN
  • BRL
  • MAD
  • RON
  • UAH
  • MXN
  • JPY
  • AED
  • MDL
  • UZS
  • KRW
  • ARS
  • AZN
  • CLP
  • COP
  • CRC
  • DOP
  • GEL
  • INR
  • KZT
  • NAD
  • PEN
  • PHP
  • QAR
  • RUB
  • CHF

And this is what it looks like.

buy bitcoin on kucoin bitcoin broker

When you have filled in your preferred amount and fiat currency, go ahead and click Buy Now.

Now, all you have to do is to fill in your credit card details and that’s it.

That’s how to buy bitcoin on KuCoin!

KuCoin Fees

KuCoin trading fees are better than standard fees.

The basic fee for trading in the market is 0.10%

kucoin trade fee

This is where the fee starts and you can lower your fee by trading more volume every month or by holding their native cryptocurrency KCS.

If you are trading with KCS the fee starts at 0.080%.

KuCoin credit card fee is 4%.

How to Trade Bitcoin on KuCoin

Here is how to trade bitcoin on KuCoin.

On the first page, hover over the Trade button and choose Spot.

trade bitcoin on kucoin bitcoin broker

This will take you to their main trading interface where you can trade bitcoin regularly, with leverage or short sell bitcoin.

This interface is packed with charting tools and indicators to help you find good setups.

The chart is actually from Tradingview.

By knowing that I can tell that it’s quality.

kucoin spot trade interface

At the top to the left you have the different time frames and all you analysis tools for the chart.

You have endless amounts of indicators to use.

At the bottom to the right you have the order selection and also your option to trade with margin.

You can choose either 10x or 100x which is the Futures trading.

For Futures trading KuCoin has two different interfaces.

  • Lite
  • Pro

Lite is an easiter version and is more suted for beginners and it looks like this.

kucoin lite interface

Here you have all the basic functionalities to start trading with futures.

On the right side you can go Long or Short and you can change your leverage while you trade.

This is very good because sometimes the market is moving fast and it doesn’t allow you to go all out on leverage.

In that case it’s good to lower the risk and trade safer.

The Pro version looks like this.

pro trading interface kucoin

Here you can see that we have the Tradingview char again which is packed with tools.

This interface is more suited for experienced traders as it has more functionalities like full order books, market depth, order history, and open orders for your profits and losses.

This interface is better for bitcoin day traders that use the order book to trade with order flow.

Well, that’s all the interfaces and now you know how to trade bitcoin on KuCoin.

Conclusion

In this review of the best bitcoin broker of 2020, there is a mix of centralized exchanges and instant exchanges.

No matter if you are a bitcoin day trader that is looking for the best chartin tools to trade very actively or if you are only looking for low fees, there is something for everyeone.

All trading platforms are different and they all have their unique features.

Make sure that you read through the whole review before you select your winner.

However, if you are in a hurry to pick a broker, I’ve made an easy to read comparison table at the top where you can see all the stats for the different platforms.

FAQs

What is a Bitcoin Broker?

It’s a trading platform where you can buy, sell, and trade bitcoin.

What is the safest Bitcoin site?

In my opinion, it’s defintely Coinbase. Coinbase bitcoin site is regulated in USA as a Money Transmission Service and holds back up funds for all their customers. The security protocols on Coinbase are also at the best level.

What is the best place to buy Bitcoin?

The best place to buy bitcoin is any of the brokers I’ve listed in this review. They are safe, easy to use, and have very low fees.

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