Best Brokers For Ethereum Trading
Here you find the best bitcoin trading sites which support Ethereum trading at a glance. Trade ETH now with Bitcoin or fiat money.

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Bitcoin Futures
- Crypto Spot Market Exchanges
- BTC
- Altcoins
- Fiat Money
- no minimum
Certain withdrawal fees Pro:
- Highly trusted
- Low fees
- 80+ altcoins
- Hacked in 2019
- Complicated instruments

- Bitcoin, Altcoin
- Derivatives (not in USA)
- Margin Trading (not in USA!)
- Crypto Spot Market Exchange
- Bitcoin, ETH, BCH, LTC, XLM
- Fiat Money
- $ 50 minimum
$5 withdrawal fee (0 in USA) Pro:
- Real crypto purchase
- Relatively low fees
- World-class support
- Anonymity not possible
- Minimum deposit $50
- 1% Crypto Trading Fee
Take 2 mins to learn more.

- Cryptocurrency Spot Market Exchange
- Crypto CFD Trading
- BTC
- Altcoins
- no minimum
- Many altcoins
- Altcoin margin trading
- High liquidity
- No advanced orders
- US traders excluded
- Website often slow

- Bitcoin, Altcoin
- Margin Trading
- Bitcoin Futures (not in USA)
- Spot Market
- BTC, Altcoins
- Fiat Money
- 1 EUR | 20 USD | 20 CAD | 150 GBP | 15,000 JPY
Certain transfer fees Pro:
- High liquidity
- Margin trading
- Most secure broker
- Deposits can be expensive

- Bitcoin, Altcoin
- Crypto Spot Market Exchanges
- BTC, Altcoins
- Fiat Money
- No fees for crypto transfers
- Supports ~20 cryptocurrencies
- Range of payment options
- Comparably high fees
- No crypto wallet
- No crypto-to-crypto exchange

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Crypto Spot Market Exchanges
- BTC, Altcoins
- Fiat Money
- $20 minimum
Spot: Maker 0.1% | Taker 0.2%
Certain transfer fees Pro:
- Highly trusted
- Amazing trading interface
- Advanced order types
- Hacked in 2016
- Demanding verification

- Bitcoin, Altcoin Derivatives
- Margin Trading
- Crypto Spot Market Exchanges
- BTC
- Altcoins
- no minimum
Certain withdrawal fees Pro:
- Altcoin margin trading
- Unique BTMX rewards system
- Only 10x leverage
- Not for US traders

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- Fiat Money
- 20 $|€ minimum
- Top security
- Unlimited withdrawals
- High volume
- Relatively high fees
- Slow support

- Bitcoin, Altcoin Derivatives
- Margin Trading
- BTC
- Altcoins
- Fiat Money
- 10 USD minimum
- 1 USD micro accounts
- Many payment methods
- Experienced broker
- Also Traditional CFDs
- Support not 24/7
- High fees
- Only basic order types

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- Fiat Money
- no minimum
- Anonymous accounts
- More than 50 altcoins
- Relatively low fees
- Demanding verification
- Lack of a mobile app
- Slow withdrawals

- Cryptocurrency Spot Market Exchange
- BTC
- Altcoins
- No minimum
- Good Liquidity
- Many smaller coins tradable
- Bad support

- Cryptocurrency Spot Market Exchange
- Margin trading
- YEN, USD, EUR
- 0.001 BTC minimum for margin trades
- High liquidity Bitcoin exchange
- 6 Altcoins supported
- Phone support only in Japanese
- Sketchy FAQ
Ethereum is an open blockchain project invented by a young Russian by the name of Vitalik Buterin, who was 19 years old only, when he brought the idea of Ethereum to life in 2013. The project officially started in 2015, since when the Ether tokens can be traded. What Vitalik had developed was an open blockchain project which runs with an individual programming language.
Ethereum shall be used for so called smart contracts. Two parties, above all companies, can store agreements securely in the Ether blockchain, without the need of traditional authorities like a notary, a patient office, or any other official witnesses to proof something later. Those smart contracts are mostly written in the unique programming language of Ethereum, called Solidity. The project's development is being directed by a Swiss non-profit organization.
Before You Buy Ethereum – Make Sure You Know Some Fundamentals:
Unlimited Supply – in-built Inflation
Ether tokens have an unlimited supply, meaning the amount of ETH increases every day, forever. This is a big difference to the concept of Bitcoin, as the digital money has a limited supply by purpose, so there can never be inflation. In the case of Ethereum that is different. But unlike Bitcoin, Ethereum isn't meant to be digital money, although you can make money by trading the ETH tokens like an asset.
Open for Censorship
Ethereum also doesn't claim data immutability and neutrality – no censorship under any circumstances. While a special character of Bitcoin is that no authority aiming censorship could ever come and claim data changes, Ethereum reserves the opportunity to do so.
Data and programs running within the Ethereum blockchain network can possibly be reviewed and judged, which takes away the absolute neutrality and security open bockchain systems should claim.
If the community doesn't agree with something, the system reserves the right to split the chain in order to modify data. That happened in 2016, when someone was smart enough to find a bug in the Ethereum code and was able to take over a lot of coins.
The DAO Affair – Why Ethereum Hard-Forked in 2016
The DAO had been a project instantiated on the Ethereum blockchain, with the aim to provide a new decentralized business model for organizing enterprises. It would have been the first stateless organization. When the token sale was released in May 2016, it became the largest crowdfunding campaign ever in history.
Only after a couple of weeks, in June 2016, tokens worth of round about 50 million USD – one third of the projects's fund – could be taken over by someone. Stealing wouldn't be the right word, as the "attacker(s)" just found and exploited a vulnerability in the Ethereum code, so he or they were simply able to send the tokens to a subsidiary account.
No Insistence In The Principles of Open Blockchain Systems
If code is law, and the code has gaps, an attacker doesn't really do something unlawful if he takes tokens – just to be said from a neutral standpoint.
But of course, the original token holders were shocked and wanted their money back. That's why the community of Ethereum decided to hard-fork the blockchain in order to restore all funds to the original DAO contract. When a blockchain hard-forks, the outcome is 2 chains. All people who owned tokens before the chain split, own the same amount of tokens for both new chains after the split.
In case of the Ethereum Hard Fork after the DAO affair the majority of the Ethereum community supported the post-fork version of Ethereum (ETH) while the minority remained at the pre-fork protocol and started to call the coin as Ethereum Classic (ETC).
In this case, the outcome was Ethereum (ETH) with the modified DAO contract and the project refunds, and the other chain was the original chain, without modifications – Ethereum Classic (ETC). The classic chain was supposed to die within the next couple of days without anybudy supporting or mining it anymore – but instead the Ethereum Classic blockchain survived and even got pretty strong concerning trading volume an market capitalization.
The people supporting ETC believe that the principle of immutability, neutrality and no censorship must be a dogmas when it comes to open blockchain projects. If the certain beneficial characteristics which only open blockchain systems can offer, are cut off, you could just use a traditional service with centralized database to run software and store data.
Change from Proof of Work to Proof of Stake
In 2017 the Ethereum community decided to begin to change the mining system from Proof of Work to Proof of Stake.
When To Trade Ethereum? ETH Price Movements:
The price of ether was initially set to 2000 ETH per BTC, by that time considering the bitcoin price as well it cost about 0.35-0.45 USD. After hitting the market the price was below 1 USD until 2016 when it started to slowly increase. The top was around 20 USD when the DAO incident collapsed the market and the ETH price plunge back to 8 USD. The exponential increase in price started in March 2017, since then ETH has experienced a 20x increase with an all time high around 400 USD.
Because of the rapid increase in price the Ethereum network experienced a significant traffic inflow from new users that have slowed down the transaction time. Crypto market analysts have different views on future price. One factor affecting Ether's price is the rise of Ethereum based initial coin offerings (ICOs).
Due to the significant visibility of these projects the ETH price is largely related to the offerings. The market capitalization of ETH is growing, and might even be able to surpass bitcoin’s marketcap according to experts in the long run. Other analysts are however rather bearish on the ETH price outlook argueing that Ethereum price is already inflated by now.
More about Ethereum:
What is Ethereum?
Ether charts on coinmarketcap.com
Ethereum discussions on Reddit