Let’s Dive in! Here are our Top 5 Crypto Trading Platforms
With crypto being a 24/7 activity, traders need more options in order to trade to the best of their ability.
It may be daunting at first to participate in or transact in Bitcoin or other cryptocurrencies. Many exchanges contain UIs that are either unfriendly or do not provide enough tools to properly trade.
In addition, it is hard to navigate the several scams that purport to be legitimate exchanges.
While selling and buying Bitcoin or other cryptocurrencies, the primary consideration is safety and protection along with ease of use.
Many users trade directly on crypto exchanges, but fewer use trading platforms to take advantage of advanced trading options. We have gathered a list of a few such trading platforms.
Coinigy is able to access over than 45 exchanges. The accessibility of Coinigy through the cryptocurrency universe helps includes advanced trading options such as price info, full-featured spot trading, arbitrage matrix and portfolio management / aggregation software with real-time access.
For fund management, Coinigy purports itself to be a one-stop store. Coinigy delivers SMS & email pricing and trade updates. In addition, users can track all your exchanges and wallets in one location.
When using Coinigy, there are no extra transaction costs. Users are billed on the basis of subscription after a free trial period.
Coinigy is integrated with many apps and calls itself “the most integrated trading platform” out there.
BitUniverse is one of the first portfolio applications to help auto monitoring and benefit from markets or wallets. It also supports fiat money, BTC, and ETH-based data swapping. Bituniverse has access to 100 exchanges and auto logging of Bitcioin and Ethereum.
Tired of flipping between Binance, Huobi, OKEx and other exchanges? Bituniverse offers a similar one-stop-shop type of trading platform. Today BitUniverse has funded over 22 coin trading exchanges.
The recently released Grid Trading Bot feature allows users to swing trade more effectively, according to Bituniverse. They purport an annualized return using Grid Trading of 100%.
Bituniverse allows users to see how much their portfolio is worth across many fiat currencies other than USD. Users may also pick the price they want to see (possibility to choose multiple exchanges).
The 3Commas trading site ties to the top 12 volume cryptocurrency exchanges. Traders use their own API key to instantly register with their active exchanges.
Exchanges growing include Bittrex, BitFinex, Binance, 0 Bitstamp, KuCoin, Poloniex, HitBTC, Cex, GDAX, OKEX, Huobi, etc. High-volume exchanges are more likely to have strong liquidity of cryptocurrencies mentioned.
The 3Commas UI is relatively smooth and easy to use. Drop down menus during a trading order allow traders to access multiple exchanges and trading pairs.
The trader may pick between a single bot — one currency pair — or a hybrid bot — to automatically trade specific currencies. There are minimum trades for each currency The monthly return purported by 3Commas is around 15% for trading bots.
Trade-mate.io allows users to trade through 3 cryptocurrency exchanges: BitMEX, Binance, and Poloniex. All trades are made by tAPI, ensuring both customer funds are on the exchanges themselves.
After registering on the wesiteb and heading to the Auto Trade page, we see a list of traders to follow. Thereare only 40 of them. By following specific traders, users can gauge specific aspects of the trader’s progress and see if there are any items that want to keep track of. Aspects that users can track include:
- deposit growth
- profit – the sum of positive and negative trades
- number of signals
- average profit
- percentage of successful trades
- the speed of closing trades
Tabtrader allows users to trade over mobile and place specific limit orders for coins.
Another one-stop-shop, Tabtrader elimintes the need to switch between different applications and accounts. Users are able to manage all their accounts from a single GUI. In terms of UI, users can follow prices and news on the same screen.
Tabtrader offers advanced technical analysis features. Users can map, add pattern, horizontal lines and technical indicators. Tabtrader purports that their technical analysis features will help finalize the plan, optimize returns, and minimize losses.
Users can receive crypto news updates through Tabtrader. They can set preferred price brackets and get push event updates. Push alerts come directly, not requiring cell data.
For a more in-depth look at Tabtrader, visit our analysis of their platform.