Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading
Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

Many users believe that the platforms on which to buy or trade cryptocurrency are just scams: in reality, there are also platforms for regulated cryptocurrencies, the only ones on which it is worth investing to buy Bitcoins (or any cryptocurrency) or trade, with the knowledge that we can only earn thanks to our skills as investors (choosing whether to speculate on price changes of a precise cryptocurrency or buying a promising cryptocurrency). In the following guide you can find the best platforms for Bitcoin and cryptocurrency on which to exchange and trade, it's up to us to choose the one that convinces us the most or the one closest to our needs.

Parameters of choosing the best platforms for Bitcoin

Before proceeding with the most popular platforms for cryptocurrency, it is necessary to analyze in detail what are the parameters to be considered before making any choice, so as to aim only at the web services that offer the right compromise between ease of use and costs (mainly related to commissions).

Costs and Commissions

Practically all the trading sites that we are going to analyze have zero management costs and zero commissions on deposits, so you can convert a targeted investment in pure gain for the user. Commission costs can be present on Exchange sites, but in most cases they are very small and easy to amortize in the long run.

For this reason we recommend you to initially bet on trading platforms, which offer zero commission costs and allow you to always earn, as we will see in the next chapter of the guide. If, on the other hand, we only want to store cryptocurrency to resell later on, let's make sure to choose only safe and verified sites, so as to avoid scams as much as possible.

Ease of Use

All cryptocurrency trading and buying sites must be easy to use, even for beginners, who may encounter difficulties in the early stages of currency exchange or trading and therefore need simple, clear interfaces without buttons that can be pressed "by mistake".

In order to familiarize new users, many sites provide the use of a demo account, which is a free account with fake money. This is a great solution to better understand all the features of the platforms and how to earn from trading stocks, consumer goods and cryptocurrencies in general.

All the sites mentioned in the article meet the highest financial standards imposed by regulatory agencies such as FCA, CySec, Cnmv and the Italian Consob. Betting only on safe and certified sites we will be sure not to run into some scam related to Exchange sites not very famous or just released on the market, where often the owners of these sites disappear with the money after a few months or a few days of activity.

There are always risks when it comes to CFDs and those cannot be avoided.

Also on the security side, it is crucial that exchange sites and trading sites offer support for the most well-known and secure payment methods, such as PayPal, Neteller, Skrill or similar, so that we can top up our service account without losing more money than necessary and without exposing all of our financial gains.

Types of the best platforms for Bitcoin

Currently, there are two types of platforms on which you can invest to buy or earn with Bitcoin or other cryptocurrencies: broker trading (also called cryptocurrency trading sites) and Exchange sites. Let's take a detailed look at the differences between these two types of services.

Broker Trading

Trading sites allow you to invest on the price trend of Bitcoin or other cryptocurrencies using CFD contracts. With these services, it is possible to earn both when the value of the cryptocurrency goes up and when the value goes down (short selling), thus generating profits even when the cryptocurrency market is hit by shocking news that causes the price to fall. Likewise, it is possible to suffer losses when the cryptocurrency value goes up or down.


Exchange sites allow you to convert money into Bitcoin or other cryptocurrencies and store it in your digital wallet, waiting to sell it back (possibly at a higher price). The limitation of exchange sites is all here: with these sites we can only gain if the value of the cryptocurrency goes up, losing money if the value of the cryptocurrency goes down. There is then to consider that on these sites are often present commissions for withdrawals, which in fact erode the real gain.

The best platforms for Bitcoin

In the following lines we will show you which are the best platforms for Bitcoin and cryptocurrencies of the current year, so that we can invest only on safe and reliable services for our wallet.


Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

eToro* is without a doubt one of the best platforms for Bitcoin, also thanks to the CONSOB and CySEC authorizations with which it is regulated. With eToro you can invest using real money or with a demo account (which simulates the real investment), on virtually any cryptocurrency that has marked an increase in value over the past year; in addition to cryptocurrencies you can also invest in stocks, indices, commodities, investment funds and much more. Currently the following cryptocurrencies are supported: Bitcoin, Ethereum, Bitcoin Cash, Ripple [XRP], Dash, Litecoin, Ethereum Classic, Cardano, IOTA, Stellar, EOS, NEO, TRON, ZCASH, Binance Coin.

With eToro* you can load your account with PayPal and, for beginners, you can also copy the moves of the most successful or famous users, so you can "ride the wave" of investors who have made the most gains over the past month or year.


Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

Among the best CFD trading (contract for difference) providers we can use, Plus500* definitely stands out. All instruments, including cryptocurrencies, are available for trading via CFDs only.  By signing up to the site we will have access to a free unlimited demo account, a very useful tool to learn how to trade. Once you are ready you can direct your investments. In addition to cryptocurrencies, you can also invest in other types of assets to diversify your investments.

Plus500* also supports PayPal.

Plus500 CY Ltd is licensed and regulated by CySEC ( #25014) the Cyprus Securities and Exchange Commission.

IQ Option

Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

IQ Option* is currently one of the best platforms for Bitcoin from a graphical point of view: in fact, it presents a simple interface with which to trade on cryptocurrency prices. On this site you can test investments with a free demo account (fake money) and, only when you are ready, you can start with a minimum investment of 10€ (the lowest minimum deposit of the category).  On this platform you can invest on the following cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Dash, Iota, Litecoin, Monero, OmiseGo, Ripple, Santiment and ZCash.

IQ Option* accepts PayPal as a payment method and you can benefit from 24 hour support in Italian as well, so you can quickly solve any problem you encounter while using the site.


Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

Bitpanda's platform represents another excellent option for those who want to start investing. In fact, this exchange service makes available to users both the most well-known cryptocurrencies and the most recent ones. In addition to cryptocurrencies, Bitpanda also allows you to invest in other financial instruments, namely stocks, ETFs, cryptoindices and precious metals, thus allowing you to diversify your portfolio.

As for the security aspect, it is good to know that Bitpanda has the PSD2 license and adheres to the EU MiFID II directive. Moreover, the service has numerous additional features that, together with the in-depth sections, are really very useful for investors, regardless of their level of knowledge and experience in the sector.


Best platforms for Bitcoin and cryptocurrency 2022: investment, exchange and trading

If we are looking for a reliable and secure exchange site on which to buy or sell cryptocurrency the best in class is Coinbase. On this site, practically all cryptocurrencies on the market are traded and it is possible, in a few simple steps, to open an account, connect your personal bank account and immediately start buying cryptocurrency, to be stored on the encrypted wallet offered directly by the web service.

Exchange sites tend to be less secure than trading sites; however, this is not the case with Coinbase, which adopts advanced security tools for its customers and an additional insurance on each cryptocurrency unit stored on its servers, so it can compensate in case of server breaches by unscrupulous hackers. For the sake of correctness of information, it is necessary to point out that Coinbase does not have any authorization or license to operate on European soil; however, the site remains reliable but does not have a certification issued by entities such as FCA, CySEC and Consob, for example.

Beware of scams

When investing in cryptocurrencies, it is necessary to always pay the utmost attention, as risks are always around the corner. Cryptocurrencies are sought after by many people, including unscrupulous hackers: there have been numerous reported cases of users with their virtual wallet full of cryptocurrencies emptied in a matter of seconds, due to a bug in the web service or an artfully constructed site to carry out a scam.

That's why we always recommend that you only go for sites that offer advanced security tools (such as two-factor authentication) and provide additional protection on the apps available for mobile devices, so you can reduce the risk of being robbed or scammed to almost zero. Exchange sites are particularly prone to theft and scams, which is why we recommend ignoring those sites that don't present any guarantees.

On which cryptocurrencies to invest

After seeing which sites it is worthwhile to make investments on, let's take a look at the cryptocurrencies we can invest in to try to generate a profit by trading or buying directly:

Bitcoin (BTC): the main cryptocurrency, with the highest value of all. It acts as a locomotive for the value of other cryptocurrencies, so it always pays to invest in it to 'try to generate a profit. Bitcoin has become very difficult to buy.

Ethereum (ETH): the main alternative to Bitcoin, with a blockchain management system profoundly different from Bitcoin (more flexible and easy to expand). This virtual currency has grown a lot over the years and could soon reach or surpass even Bitcoin in capitalization. Also in this case it is advisable to trade instead of proceeding with the direct purchase of the cryptocurrency.

Ripple (XRP): another very interesting cryptocurrency, designed to transfer money quickly around the world, thanks to an average settlement time of 3-5 seconds (for comparison Bitcoin can take more than 10 minutes!). This coin lends itself well to trading, while it cannot be easily purchased outside of Ripple services.

Bitcoin Cash (BCH): this cryptocurrency is similar to Bitcoin, but with some significant changes in the blockchain system, which uses a different hashing algorithm than Bitcoin and allows the size of blocks to change dynamically. The price of this cryptocurrency rises quickly, so it pays to trade on its market value.

Litecoin (LTC): as the name suggests this cryptocurrency was created to make the creation of new blocks on the blockchain lighter and faster, so it can process a block every 2.5 minutes. The advantage translates into a faster confirmation of operations, although the blocks tend to increase at a faster rate than average. Trading for Litecoin also pays off, although its value is still affordable enough to proceed with buying the cryptocurrency directly.

To find out about other interesting cryptocurrencies or emerging ones that you can invest in, it can certainly be useful to take a look at our updated list of cryptocurrencies and this in-depth look at emerging cryptocurrencies.


On the Internet you can really find a lot of sites that promise easy gains with cryptocurrencies but, as with any asset, the risk of losing everything is around the corner. To minimize this risk, you need to be very careful when selecting the service to rely on, preferring only the best platforms for Bitcoin or cryptocurrencies, making only trading operations where possible and according to your skills. The direct purchase of cryptocurrency is strongly discouraged, given also the prices involved and the difficulty in predicting the trend of Bitcoin.

For users new to Bitcoin and trading platforms, it may be helpful to read some FAQs that answer the main questions and curiosities about the world of crypto.

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