Best Crypto Day Trading Platforms | Where To Trade Your Crypto?

Best Crypto day trading platforms

In this volatile cryptocurrency world, you need to choose one of the best crypto day trading platforms to enjoy cryptocurrency trading. Many platforms are available and claim themselves to be among the best crypto day trading platforms, the platform you are choosing for crypto day trading should offer a transparent and safe trading environment to its users. 

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You can buy and sell digital currencies throughout the day by crypto day trading. You will open up a position and will be looking to close it with just a little profit within a few minutes or hours. To enjoy day trading in the comfort of your home, you need to choose a trusted platform. 

If you are seeking the best crypto day trading platforms, you can stop right here. This guide will walk you through the list of best crypto day trading platforms presently available in the market. This post will also tell you about Crypto day trading and which are the best crypto for day trading. 

So, let us quickly jump into the post to find the best crypto day trading platforms for you to try!

What Is Crypto Day Trading? 

Crypto day trading is something totally different from the long-term buying and holding strategy. You speculate on the short-term values of digital currencies like Ripple or Bitcoin when you deal in crypto day trading. You will be trading pairs in this. Suppose, you want to trade the value of Ethereum against a US dollar, it would be displayed as ETH/ USD. This would be a crypto-to-fiat pair because one is a crypto asset while the other is a fiat currency.

You can also choose a crypto-to-crypto pair like ETH/ XRP. Both are crypto assets in this, Ethereum against Ripple. Crypto Day trading is a short-term strategy wherein you hold on to a position for just a few minutes or hours. Let us now check out what are the best crypto day trading platforms. 

Related: Crypto.com Exchange Platform | What’s New With In The Exchanges?

List Of The Best Crypto Day Trading Platforms 

Here is a list of the best crypto day trading platforms presently available in the market. You can have a look at its features and find the right one for yourself. So, let’s check out these best crypto day trading platforms.

What are the best crypto day trading platforms
  1. eToro: Overall the best crypto day trading platform.
  2. Crypto.com: Best Exchange for crypto day trading.
  3. WeBull: Among the best crypto day trading app.
  4. Coinbase: Top platform for crypto day trading beginners. 
  5. Pionex: The best platform for Bitcoin Novice Investors. 
  6. Libertex: Best for tight spreads.
  7. Binance: Best crypto day trading platform with low commission. 
  8. Robinhood: Best for micro-investments.
  9. Capital.com: Best for beginners.
  10. Forever.com: Best crypto day trading app.    

Let us now discuss the 5 best crypto day trading platforms in detail. 

1. eToro 

eToro is at the top of the list of best crypto day trading platforms. It is a heavily regulated site registered and authorized by FINRA. The platform allows users to trade in 18 cryptocurrencies such as XRP, Ethereum, Bitcoin, etc. You can enter the market and even exit it without any charges. No fees are required for registration and it has free USD-dominated payment methods

Pros

  • Commission-free platform. 
  • User-friendly trading platform. 
  • Allows trading in a variety of assets with tight spreads.
  • Regulated by ASIC, FCA, and registered with FINRA in the United States. 

Cons

  • Unsuitable for advanced investors who like to do technical analysis 
  • Customer support is not good.

Related: Best VPNs For Crypto Trading | Which VPNs To Trust?

2. Crypto.com 

Crypto.com is one of the best crypto day trading platforms. It was launched in 2016 and is immensely popular due to its skill sets and budget-friendliness. It allows investors access to over 250 cryptocurrencies. It has a maker/ taker pricing structure that can be useful for day traders. It offers liquidity to crypto exchanges with more attractive commissions. 

Pros

  • A large variety of crypto assets
  • Low fees and budget-friendly
  • High security 
  • Leveraged financial products

Cons

  • Customer service is not good 
  • Coins are not available universally. 

3. WeBull

WeBull is among the best day trading platforms. Many crypto day investors look for providers who can offer both online platforms with a mobile app. WeBull is among these platforms that are available on both Android and iOS. It is suitable for both beginners and advanced investors. It offers many cryptocurrencies, including Ethereum, Bitcoin, Dogecoin, and a few more.

Pros 

  • Low costs
  • Easy usage and user-friendly 
  • Tools are advanced 
  • No minimum deposit is required 

Cons

  • Thin variety of cryptocurrencies 
  • No live chat is available and phone support is poor.

Related: Best Centralized Crypto Exchanges | Trade With The Best!

4. Coinbase 

Coinbase is among the most famous and the best crypto day trading platforms. Users can find a huge variety of digital currencies to trade in. It has been offering trading services since 2012 and is widely used by beginners. It offers multiple payment options. It also offers a mobile trading app for both Android and iOS users. 

Pros

  • A variety of cryptocurrencies are available 
  • A mobile app is available 
  • Easy usage 
  • Lower pricing is available on Coinbase Pro

Cons

  • Complex fees structure 
  • Issues related to customer support. 

5. Pionex 

Pionex is among the best crypto day trading platforms. Traders can automate their trading with this platform as it uses trading bots to trade cryptocurrencies. Users can access about 12 different trading bots which are free of any charge. It is a convenient platform for beginners and traders having less free time.

Pros

  • A reliable and safe platform 
  • Lower fees 
  • Huge range of bots
  • Suitable for beginners 

Cons

  • No fiat currency deposits are accepted 
  • No demo account. 

You can choose among these best crypto day trading platforms to enjoy your trading experience. 

Related: Decentralized Crypto Exchanges | 11 Best Exchanges To Make A Purchase

Best Crypto For Day Trading 

Here are the best cryptocurrencies that you can choose for day trading and enjoy trading. Let us find out these best cryptocurrencies to day trade in!

Best Crypto day trading platforms
  • Bitcoin 
  • Dogecoin 
  • Ethereum 
  • BNB 
  • Lucky Block
  • SiaCoin
  • Fusion

Many other cryptocurrencies are available for day trading. However, these are the best ones out of them. Let us see how we can use these best crypto day trading platforms. 

Related: What Is Centralized Crypto Exchanges | Top 10 Places To Buy Cryptos

How To Use Crypto Day Trading Platforms?

You need to follow a few simple steps to use these best crypto day trading platforms. Here are the steps to follow. 

  • Open an account for crypto day trading. 
  • Complete the verification process. 
  • Deposit funds.
  • Search for the cryptocurrency trading market and choose a crypto pair for trading. 
  • Place your crypto day trade.

These simple steps will help you to Day trade cryptocurrency easily.

Related: What Is Solo Crypto | Is it Worth Buying Or Not?

Wrapping-Up:

This guide lists the best crypto day trading platforms along with other details related to crypto day trading. You can choose any of these best crypto day trading platforms and start day trading. If you have any doubt moving in your head, ask us by commenting below. We will help you solve your doubts. Share your trading experience with us about using any of these best crypto day trading platforms. 

Frequently Asked Questions 

Q1. What Are The Best Platforms To Day Trade Crypto? 

A. You can find a lot of platforms that support day trading. Some of the best crypto day trading platforms are Crypto.com, eToro, WeBull, etc.

Q2. Can Crypto Be Day Trade?

A. Yes, it can be a good way to the growth of your cryptocurrency portfolio. You can choose any of the best crypto day trading platforms and perform day trading. 

Q3. Can I Trade Crypto On Coinbase? 

A. Yes, you can choose Coinbase for crypto trading as it is one of the best crypto day trading platforms.

Q4. What Time Of Day Does Crypto Peak? 

A. A market’s peak trading hours are usually between 8 a.m. to 4 p.m. in local time. 

Q5. Are There Any Restrictions For Day Trading? 

A. No, there aren’t any restrictions for crypto day trading. 

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