Page Summary
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 Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more |
| #2 | Binance | Good fit for advanced crypto traders | 3,1/5 | Best platform for retail investors | Official website |
| #3 | Coinbase | Many investment solutions for traders at all levels | 2,6/5 | One of the best crypto exchanges for professionals | Official website |
| #4 | Coinmama | Platform is available in most countries. | 0,0/5 | Best platform for debit/credit card transactions | Official website |
| #5 | Gemini | Good fit for both professional and inexperienced traders | 0,0/5 | Safest trading platform | Official website |
| #6 | Luno | Valuable tools, including advanced charts | 0,0/5 | Best platform with access to savings accounts of up to 4%. | Official website |
Top 6 Trading Platforms For Ethereum – Overview
1. eToro – Best Overall Ethereum Platform
Min Deposit: $100
Fees: 4.8
Assets available: 4.8
Total Fees:
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
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.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
2. 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.
3. 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.
4. 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.
5. 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%.
6. 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.
What is the Definition of Ethereum?
Ethereum is a decentralized, open-source blockchain platform that facilitates peer-to-peer transactions of its native cryptocurrency, Ether (ETH), and the secure deployment of smart contracts – self-executing code that automates agreements and eliminates the need for intermediaries.
Unlike Bitcoin, which is currently mainly used as digital money, Ethereum’s blockchain is a versatile platform for various applications. It supports innovations in areas like supply chain management, gaming, and decentralized finance (DeFi).
As I said earlier, Ethereum is the brainchild of Vitalik Buterin. Ethereum story began in 2013 with a white paper authored by Vitalik Buterinc and was launched in 2015. Developers worldwide actively contribute to Ethereum’s development, with Vitalik as a leader.
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.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
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.
Summary
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.
FAQ
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.
Disclaimer
eToro is a multi-asset platform which offers both investing in stocks and cryptoassets, as well as trading CFDs.
Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 51% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money
This communication is intended for information and educational purposes only and should not be considered investment advice or investment recommendation. Past performance is not an indication of future results.
Copy Trading does not amount to investment advice. The value of your investments may go up or down. Your capital is at risk.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
eToro USA LLC does not offer CFDs and makes no representation and assumes no liability as to the accuracy or completeness of the content of this publication, which has been prepared by our partner utilizing publicly available non-entity specific information about eToro.
Braden Chase is an investor, trading specialist, and former research specialist for Forex.com who helps aspiring investors develop the confidence and habits they need to make an income from the market. Braden has served as a registered commodity futures representative for domestic and internationally-regulated brokerages and has also spoken & moderated numerous forex and finance industry panels across the globe.