Robinhood
Today, cryptocurrency trading has become a part of most people’s lives. Someone invests 50 USD, someone – 1000 USD, and someone comes to larger sums. However, all these people have one thing in common – they are all looking for an honest, safe, experienced and profitable broker.
Online brokers are a gem for novice traders because they can guide them, and offer the best deals, useful educational materials, and demo accounts.
Today we will take a look at the TOP 10 crypto brokers around the world, talk about their main advantages and disadvantages, and discuss the trading fees and general reputation on the market. Also, our team will be happy to share information on how to check a crypto broker, what types of trading fees they charge, and so on.
Robinhood – One of The Most Popular Crypto Brokerage Services
Robinhood is the most popular platform not only for cryptocurrency trading but also for other financial investments. Users can trade stocks, options, cryptocurrencies, etc.
A large influx of users came to Robinhood when everyone realized that it was a surprisingly easy-to-use platform. The very good news for beginners is that the minimum deposit to use Robinhood is $0, meaning you can deposit $10 and test the platform.
In addition to the desktop version, Robinhood offers a simple but very coolly designed mobile application. Registering it is just as quick and easy. There is also a separate section with news about digital currencies, where the main financial updates are accumulated from the most famous sources such as Reuters, Barron’s, and CNBC Business.
You can use this news to conduct a fundamental analysis and buy and sell digital currencies.
Pros
- No Minimal Deposit
- Convenient Mobile App
- Great Selection of Digital Currencies
Cons
- Sometimes Slow Customer Support
- Several Criticism Situations