The best 10 Online brokers to Buy Cryptocurrencies

Today best Broker

$100

  • 0 Commission
  • Trading with leverage
  • Paypal and Credit Card

Best Way to Invest in Cryptocurrencies

9.6

$100

  • No Fees
  • No credit card needed
  • 100% No spam

No Commissions or Hidden Fees

9.5

$100

  • 0 Commission
  • Trading with leverage
  • Paypal and Credit Card

The Best way to Invest in Cryptocurrencies

9.3

How We Determined the Rankings for Each Crypto Site

Ranking plays a huge role in analyzing the brokers. It is what differentiates the good brokers from the great ones. We have a reliable system of ranking that blends your opinions and our analysis. It is honest and we work hard to keep it that way. We go through scores of brokers so that you don’t have to. Our metric of scoring brokers is fairly relative but signifies its strength or weakness in that particular parameter. We take pride in doing quality work that helps...

What is Cryptocurrency?

A cryptocurrency is a medium of exchange like normal currencies such as USD, but designed for the purpose of exchanging digital information through a process made possible by certain principles of cryptography. Cryptography is used to secure the transactions and to control the creation of new coins. The first cryptocurrency to be created was Bitcoin back in 2009. Today there are hundreds of other cryptocurrencies, often referred to as Altcoins.

Unlike centralized banking, like the Federal Reserve System, where governments control the value of a currency like USD through the process of printing fiat money, government has no control over cryptocurrencies as they are fully decentralized.

Most cryptocurrencies are designed to decrease in production over time like Bitcoin, which creates a market cap on them. That’s different from fiat currencies where financial institutions can always create more, hence inflation. Bitcoin will never have more than 21 million coins in circulation. The technical system on which all cryptocurrencies are based on was created by Satoshi Nakamoto.

While hundreds of different cryptocurrency specifications exist, most are derived from one of two protocols; Proof-of-work or Proof-of-stake. All cryptocurrencies are maintained by a community of cryptocurrency miners who are members of the general public that have set up their computers or ASIC machines to participate in the validation and processing of transactions.