There are over ten thousand digital currencies in the market today. Not all of them share the same kind of advantages. Remarkably, a few cryptocurrencies like bitcoin, ethereum, litecoin, dogecoin, etc stand out from the others. As the second-largest digital currency with a big market capitalization, ethereum is enjoying high investment on a global level. Besides, ethereum is also outperforming bitcoin in the long run, evolving to be investors’ first choice. It also breached its own hurdle point of US$2,500 and was traded for US$2,700 last month. Owing to its popularity, many trading platforms and exchanges are adding the cryptocurrency to their currency pairs. Ethereum trading is very similar to other digital currency tradings. Crypto investors can pick out the top platform for ethereum exchanges, open an account, deposit a fund, and trade it for ethereum. Generally, when you are picking an ethereum exchange platform, you need to make sure that they provide all three types of ethereum trading namely trading platforms, brokers, and p2p marketplaces. In order to make things easy for crypto investors and to select the best services, IndustryWired has listed top platforms for ethereum exchanges.
Top Platforms for Ethereum Exchanges
WealthSimple
WealthSimple is a financial company that is on a mission to help everyone achieve financial freedom, no matter who they are and how much money they have or own. By using disruptive smart technologies, the financial platform takes services that are often confusing, opaque, and expensive. It tries to make them simple, transparent, and cost-effective. WealthSimple also offers ethereum trading along with other services. The platform even provides an insightful guide on how to buy and sell this currency.
CEX.IO
Started in 2013, CEX.IO acts as a regulated multi-functional cryptocurrency exchange and serves over 4 million customers worldwide. It was one of the first platforms to make fiat-to-crypto transactions accessible by offering card payments and bank transfers to its clients. The platform provides an insightful outlook on ethereum trading by mapping its prices and listing the price changes.
LocalCryptos
LocalCryptos is a non-custodial exchange that lets users buy and sell famous cryptocurrencies like bitcoin, ethereum, and litecoin with other worldwide traders. Some of its key features include non-custodial exchange, non-custodial escrow service, peer-to-peer cash traders, end-to-end encrypted messaging, low fees, community voting for new cryptocurrencies, etc. LocalCryptos also offers updates on ethereum market and its performance.
Cryptohopper
Cryptohopper is an automated crypto trading bot that manages all exchange accounts in a single place. Founded in 2017 by two Dutch brothers, the crypto exchange is one of the leading automated trading bots out there. The platform is designed to make traders more efficient by allowing them to copy other traders, automatically analyze the markets, manage all exchange accounts, etc.
Coinbase
Coinbase is a leading mainstream cryptocurrency exchange in the United States that has become a standard on-ramp for new crypto investors. Founded in 2012, the crypto exhchange platform offers a wide variety of products including cryptocurrency investing, and advanced trading platform, custodial accounts for institutions, a wallet for retail investors, and its own stablecoin.
eToro
eToro is a global fintech leader that offers the world’s front running trading network, with millions of registered users and an array of innovative trading and investment tools. The most unique feature of eToro is its ‘Copy Trader’ that allows investors to sort through other users and plainly see their trading history, including how much they have made or lost over any given period. It works exclusively on ethereum and helps investors get exclusive insights.
TradeSanta
TradeSanta is a cloud-based software designed to automate users’ cryptocurrency trading strategy and to make trading accessible to anyone. The platform offers an ethereum bot, an automated software, that connects to any exchange and sells or buys ETH in accordance with their pre-set instructions, signals generated by technical analysis and market conditions.