The cryptocurrency trading industry is currently enjoying having one of the best experiences in terms of adoption and growth. The industry has been around for a reasonable amount of time to be noticed by the entire world. Today, many investors and people are looking to invest their extra cash into cryptocurrencies. There are many who wish to make cryptocurrencies their primary source of income. However, they are having a hard time finding the right crypto or Bitcoin brokers that they can trust and trade with.

So if you are also trying to find a way to invest your money and make profits then you must also go through the rest of the discussion. There are high chances that you may end up finding one of the best options for performing cryptocurrency trades. I will also highlight their pros and cons so you have a better picture of each platform.

Coinbase

Coinbase is one of the largest and most popular cryptocurrency exchanges in the entire cryptocurrency universe. It is also known for having the highest trading volume per day for cryptocurrencies among all other crypto brokers. Through Coinbase, you have the advantage of making direct investments using USD. Through the Coinbase platform, you have the option of purchasing more than 40 cryptocurrencies. At present, some of the most demanded and highly traded cryptocurrencies through its platform include BTC, ETH, and LTC.

Furthermore, the platform gives you the opportunity to stake your USDT and earn interest on them if you do not remove your USDT from their account. Apart from crypto trading, the platform also provides you the opportunity to perform different activities in order to earn token rewards.

Some of the advantages of trading through Coinbase include easy and comprehensible interface. Very high security level and protection of assets.

As for disadvantages, the platform imposes very high fees unless you have an account through Coinbase Pro. The platform does not easily adopt new or fast growing cryptocurrencies so limits your ability to trade in new and fast growing assets.

Gemini

The next platform to trust and invest through is Gemini. Gemini is known for being very transparent about the provision of its services and any fee charges. The platform is extremely serious about the security of your assets, information, and gains. This is the reason why Gemini spends a lot in the advancement of security infrastructure in the sector.

FDIC protection is something that not many cryptocurrency trading platforms or exchanges offer for USDT deposits. However, FDIC protection for the USDT deposits is in place when it comes to using Gemini’s trading services. Furthermore, Gemini is one of very few cryptocurrency exchanges that has adopted and offers Dogecoin (DOGE) through its platform for trading. Another attractive point for the exchange is you earning a bonus of $10 when you open an account at Gemini and make a minimum deposit of $100.

The advantages of using Gemini include is one of the easiest interfaces, which is also available via application. Gemini is present in many countries and it is vastly adopted in the United States (up to 50 states). You are looking at solid interest rates if you decide for your holdings to remain in your Geminin account.

Gemini has a couple of disadvantages that include high fee/charge structures at the platform. Then the next second one is the customer support. According to feedback from many users//investors, the customer support at Gemini is below standard and hardly ever solves a problem.

Kraken

Kraken is one of the oldest and is considered as one of the most original platforms for cryptocurrency trading. The platform is known for its customer-centric approach and providing a vast variety of cryptocurrencies for trading purposes. Kraken mainly exists as a cryptocurrency exchange and as per many investors/users, Kraken is not an easy platform to use.

Kraken has been around in the cryptocurrency industry since 2011 and it is one of the most respected cryptocurrency exchanges in the entire crypto-verse. It is one of very few cryptocurrency exchanges that has adopted Dogecoin for trading purposes. Furthermore, it is also known for adopting many tokens that are also considered very risky.

One of the advantages of being with Kraken is that it is one of the oldest cryptocurrency exchanges so it has a lot of experience dealing with cryptocurrency related problems. The firm has very high security system and transaction protection protocols.

Some of the disadvantages on the platform include its difficult to use interface. The platform is said to have problems with its 2 factor authentication system and is also said to have a poor customer support team.