Investing in Cryptocurrency can be a great way to diversify your portfolio, but it can also be expensive. Luckily, there are plenty of cheap platforms designed specifically for buying and trading Crypto, with fees as low as zero. In this guide, we’ll cover the top 5 platforms to buy Crypto and hopefully you will find the best suited cheapest platform to buy Crypto.
Binance
Binance is the world’s biggest Crypto exchange, and its fees are among the lowest of any traditional platform. You can buy and sell Crypto on Binance with almost no fees, which makes it one of the cheapest platforms around. In addition to this, they offer an array of other features, including trading options like spot trading and margin trading, a wide selection of coins to choose from, and even a rewards program that lets you get a percentage back on your trades.
LocalBitcoins
LocalBitcoins is a unique platform that allows users to directly buy and sell Bitcoin (BTC) with no actual intermediaries. On the surface, this process is fast and simple, as you can place an order in seconds. Additionally, due to the peer-to-peer nature of the platform, it enables cheaper and more convenient payments, as well as many diverse payment methods. This also grants user’s access to purchase Cryptocurrency from whichever country they are in.
Coinbase Pro
Coinbase Pro is the professional trading platform of Coinbase, one of the most well-known Crypto exchanges in the world. It’s characterised by its low fees and reliable customer support. This platform allows users to buy or sell a wide variety of Cryptocurrencies and fiat currencies for very low transaction fees. Its simple user interface makes it easy for novice traders to find what they’re looking for quickly. Additionally, it’s excellent compatibility with trading bots and copycats allow experienced traders more opportunities to make profitable trades.
Paxful
Paxful is a user-friendly platform that allows users to purchase Cryptocurrency using a wide range of alternative payment methods. Some popular payment methods include credit and debit cards, bank transfers, PayPal, Western Union, Skrill, and more. By connecting buyers and sellers from around the world, Paxful offers both parties an easy way to complete Crypto transactions without expensive withdrawal or transfer fees. It also has very affordable fees for smaller purchases.
Gemini
Gemini is an exchange that prides itself on strong security and industry-best fees. It is one of the cheapest platforms for buying Bitcoin, Ethereum, Credit and other Cryptocurrencies. With its intuitive interface and secure accounts, Gemini offers a hassle-free experience to new Crypto investors – allowing them to quickly purchase coins with low fees. In addition, the platform supports both bank transfers and debit card payments for convenient access to its Crypto market.
I hope this guide has helped steer you in the direction to the cheapest platform to buy Crypto. Keep in mind that good security and safety are very important and should be in mind with all things Crypto. Always ensure you are using security features like two factor authorisation and secure passwords.