Ethereum is the second most popular cryptocurrency after Bitcoin. It is one of the safest cryptocurrencies for investors. ETH is a decentralized blockchain available worldwide.
The best Ethereum trading platforms are eToro, Binance, Coinbase, Coinmama, Gemini, and Luno. Each platform has advantages and disadvantages. This article discusses the best Ethereum trading platforms.
Best Trading Platforms For Ethereum:
- eToro is the best overall Ethereum platform.
- Binance is the best Ethereum platform for retail investors.
- Coinbase is one of the best crypto exchanges for professionals.
- Coinmama is the best Ethereum platform for debit/credit card transactions.
- Gemini is the safest Ethereum trading platform.
- Luno is the best platform with access to savings accounts of up to 4%.
|RANK||BROKER||GENERAL||PLATFORM SCORE||BEST FOR||WEBSITE|
|#1||eToro||Transparent fee structure||4.9 /5||Best overall platform||Official website|
|#2||Binance||Good fit for advanced crypto traders||4.3 /5||Best platform for retail investors||Official Website|
|#3||Coinbase||Many investment solutions for traders at all levels||4.4 /5||One of the best crypto exchanges for professionals||Official Website|
|#4||Coinmama||Platform is available in most countries.||2 /5||Best platform for debit/credit card transactions||Official website|
|#5||Gemini||Good fit for both professional and inexperienced traders||4.5 /5||Safest trading platform||Official Website|
|#6||Luno||Valuable tools, including advanced charts||4.4 /5||Best platform with access to savings accounts of up to 4%.||Official website|
Top 6 Trading Platforms For Ethereum – Overview
01. eToro: Best Overall Ethereum Platform
eToro is the leading Ethereum platform with a transparent fee structure. It offers user-friendly platforms and a proprietary eToro wallet. eToro account holders get access to popular coins, including Ethereum and Bitcoin.
eToro is a social trading platform with 16 different digital coins and reliable brokerage services. Social trading with crypto at eToro functions like social trading with forex. Traders search for an investor’s portfolio they want to follow and click “Copy.” The trades from the chosen investor’s portfolio copy to your portfolio on a percentage basis. eToro is a good fit for traders at all levels who want access to trustworthy Ethereum trading services.
02. Binance: Best Ethereum Day Trading Platform
Binance is a trustworthy crypto exchange available worldwide. It offers many digital coins, including Ethereum, Bitcoin, and Ripple. Binance has 100+ different trading pairs, including fiat currency and crypto pairs. This platform has premium account features, including staking rewards.
Binance is a good fit for advanced crypto traders who search for reliable day trading services. Users receive access to instant buy features with a debit card. Binance support is impressive and offers knowledgeable answers to most queries. This exchange doesn’t provide a native hot wallet. It has limited learning tools and some research features. We recommend Binance to professional crypto enthusiasts who want access to lower trading fees.
03. Coinbase: Best Ethereum Platform For Professionals
Coinbase is a popular crypto trading exchange with a versatile portfolio. It offers access to many coins and a competitive fee structure. Coinbase has a beginner-friendly main platform and a professional service, Coinbase Pro.
Coinbase provides access to custodial wallets. These let Coinbase account holders secure their assets. The Pro platform is free and offers professional tools. This exchange has many investment solutions for traders at all levels. Coinbase offers 80+ digital assets, including Ethereum, Bitcoin, and Litecoin. We recommend it for professional crypto traders.
04. Coinmama: Best Ethereum Platform For Debit/Credit Card Transactions
Coinmama is a top Bitcoin exchange with access to many coins, including Ethereum. It has excellent account safety measures. This exchange has the best credit/debit card transaction process. Coinmama offers a high spending limit for deposits.
This platform is available in most countries. It has fast account verification and many account tiers. Coinmama lets traders invest in Ethereum immediately. We recommend Coinmama for traders at all levels.
05. Gemini: Best Secure Platform For Ethereum Trading
Gemini is a well-established Ethereum and Bitcoin exchange. It offers excellent safety measures on all its platforms. Gemini allows users to buy, store, and sell popular coins. These include Ethereum, Bitcoin, and Dogecoin.
Gemini has top-tier licenses and offers industry-leading security features. It is a good fit for both professional and inexperienced traders. Gemini is the highest-priced crypto exchange today, with fees of 1.49%.
06. Luno: Best Trading Platform With Savings Accounts
Luno is a top crypto exchange available in 43 countries. It offers straightforward services for buying, selling, and trading blockchain assets. Luno is an excellent Ethereum trading platform with a smooth funding process.
Luno stands out as a top platform because it withdraws funds from savings accounts in addition to debit and credit cards. It lets users earn up to 4% interest per year by keeping digital coins “locked” for a specific time. Other platforms use the term “staking” instead of “locking.” Luno offers valuable tools, including advanced charts. We recommend it for traders at all levels who want access to low trading fees for Ethereum and Bitcoin.
How We Choose The Best Platforms For Ethereum?
At Business24, we focus on helping smart investors make the best decisions with their capital. We know that the word “best” is subjective, which is why we commit to sharing both advantages and disadvantages of crypto exchanges. We use 105 criteria to analyze platforms and digital assets to help you make an informed decision.
We review popular cryptocurrency platforms with real accounts and money. The main aspects of selection include fees, safety, and trading tools.
Fees: A transparent fee policy contributes to an excellent trading experience. Some Ethereum platforms offer a simple fee structure, others don’t. Read our in-depth reviews to learn more about fee structures, crypto platforms, and trading volume.
Account: Each crypto trading platform offers different account tiers. Some crypto exchanges request a minimum deposit fee. Others won’t request an initial deposit for creating new accounts. Check our in-depth reviews to read more about account options and the best crypto exchanges.
Withdrawal and deposit: The funding process must be simple. Depositing funds takes longer with some platforms than with others. Withdrawing funds incurs additional fees. Read about deposit and withdrawal policies at each Ethereum exchange in our in-depth reviews.
Market and products: Each trading platform has its own market and crypto assets coverage. You should opt for an Ethereum platform with a versatile portfolio. For example, not all platforms offer Floki Inu or Dogecoin. Check our in-depth reviews to learn more about markets and exchanges.
Trading platforms: A trading platform with an intuitive interface adds to an excellent trading experience. Select an exchange with an easy-to-learn platform. The Ethereum platforms in our review are trustworthy, but some might be difficult for new traders to learn. Read our in-depth reviews to discover which platform is best for you.
Customer support: Customer service is essential for beginner cryptocurrency success. Centralized Ethereum trading platforms offer phone support, email, and live chat. Beginner traders should choose a centralized exchange to receive support. Decentralized crypto exchanges (DEXs) do not provide customer support. Advanced traders will benefit from the lower fees at decentralized exchanges despite not offering customer support.
Safety: A secure centralized Ethereum platform has top-tier licenses from a regulatory body. It provides industry-leading safety measures for all account holders. Decentralized cryptocurrency exchanges are not regulated and provide no security or safety beyond the blockchain ledger system. Read our in-depth reviews to learn more about online trading and safety.
How To Open A Trading Account With eToro?
eToro is the best Ethereum trading platform. It offers excellent social trading services and platforms. Traders buy Ethereum with a minimum trade requirement of $10. The minimum deposit fee at eToro is $200. Users have to follow four simple steps to sign up with eToro.
Step 1: Access eToro’s main website
The first step you have to take is to access the eToro official website. Click on this link: https://www.business24-7.ae/etoro-crypto-start.
Step 2: Click on the Get Started button
The next step is to click on Get Started. This button will take you to a dedicated page for creating new accounts.
Step 3: Set up and verify your account
To buy Ethereum with eToro, you have to sign up, verify your account, and make a first-time deposit. This process will let you use your eToro account to buy, hold, and sell ETH and other cryptos.
Step4: Buy Ethereum (ETH)
eToro accounts are excellent for buying, holding, and selling fractions of Ethereum. You don’t need to buy a full ETH coin to own ETH. This applies to all crypto assets available at eToro.
eToro, Binance, Coinbase, Coinmama, Gemini, and Luno are the best Ethereum platform. All have advantages and disadvantages depending on your trading needs and experience. We recommend eToro to traders who want access to excellent platforms and social trading features. Binance is a secure day trading platform for traders at all levels.
We analyze the best Ethereum trading platforms across 105 data points. We use a real crypto exchange account, and transactions for the best results. Check our Methodology section to read more about our system.
Is It Safe To Invest In Ethereum?
Investing in digital coins is risky. Cryptocurrencies remain speculative assets, and blockchain technology provides no recourse for lost funds. We recommend you opt for a secure cryptocurrency exchange and platforms with top-tier licenses.
Which Is The Best Ethereum Trading Platform?
Our first pick for the best Ethereum trading platform is eToro. This brokerage firm has top-tier licenses and follows strict rules. It offers access to many crypto assets, including Ethereum, Ripple, and Bitcoin. eToro is the world leader in social trading for cryptocurrency and forex trading. Read our in-depth reviews to learn more about cryptocurrency exchanges, trading, and safety.
Which Is The Best Ethereum Trading Platform In The U.S.?
The best Ethereum trading platform for U.S. residents is eToro. It has licenses from FINRA, meaning that American residents invest in Ethereum safely.
Which Is The Best Ethereum Pair To Trade Online?
The best Ethereum pair to trade online is ETH/USD. This currency pair has tight spreads, high liquidity levels, and lower volatility.
The mission of Business24-7 is to provide comprehensive, unbiased ratings and reviews of the best online brokers. Trading platform, fees, mobile trading, payments, assets, regulation, education, and research are all part of our six-month evaluation of a broker’s trading platform. The rating scale was based on thousands of data points that have been weighted into the scoring system. Brokerages were required to fill out a multi-point survey regarding every aspect of their platform. In-person demonstrations and evaluations were provided by the majority of the online brokers we reviewed.
Stefan Grasic, along with our team of industry experts, conducted our reviews and developed this methodology for ranking what form is used in online investing.
All trading involves risk. More than 80% of investors lose in spread bet and CFD trading. As these complex instruments allow for the use of leverage, there is a high risk of losing more money than you have deposited. Before attempting to participate in spread bets and CFDs, consider how well you understand them and if you can afford to lose your money.
- 1 Best Trading Platforms For Ethereum:
- 1.1 Top 6 Trading Platforms For Ethereum – Overview
- 1.1.1 01. eToro: Best Overall Ethereum Platform
- 1.1.2 02. Binance: Best Ethereum Day Trading Platform
- 1.1.3 03. Coinbase: Best Ethereum Platform For Professionals
- 1.1.4 04. Coinmama: Best Ethereum Platform For Debit/Credit Card Transactions
- 1.1.5 05. Gemini: Best Secure Platform For Ethereum Trading
- 1.1.6 06. Luno: Best Trading Platform With Savings Accounts
- 1.2 How We Choose The Best Platforms For Ethereum?
- 1.3 How To Open A Trading Account With eToro?
- 1.4 Summary
- 1.5 FAQ
- 1.6 Is It Safe To Invest In Ethereum?
- 1.7 Which Is The Best Ethereum Trading Platform?
- 1.8 Which Is The Best Ethereum Trading Platform In The U.S.?
- 1.9 Which Is The Best Ethereum Pair To Trade Online?
- 1.1 Top 6 Trading Platforms For Ethereum – Overview