The best brokers to buy your cryptos
The Big Whale has put together a comparison table to help you choose the crypto exchange platform that's right for you.
The informed investor should be wary of the fees displayed:
- When Crypto.com indicates 0% commission, the platform applies an undisclosed spread (rate differential) which is not to your advantage when trading. As a result, you often buy your cryptos at a higher price than the market price and sell them at a lower price. The "no fees" is only in appearance.
- We tested a purchase on Coinhouse and Bitpanda: despite lower theoretical fees, Bitpanda sent us slightly fewer bitcoins than Coinhouse.
Generally speaking, brokers that have not developed exchanges (Coinhouse, Deskoin, MT Pelerin, StackinSats, Swissborg) display fees that are easier for consumers to read, as they sell cryptos at the market price, plus their commission. Most of them are connected to the US exchange Kraken, one of the industry's benchmarks.
Bitpanda
Advantages : lots of cryptos, but also equities and commodities, regulated by the Autorité des marchés financiers (AMF).
Disadvantages: average fees
Coinbase
Advantages: global reference, ease of use and wide choice of cryptos.
Disadvantages: high fees and very poor customer support.
Coinhouse
Advantages: high level of compliance, transparent fees, suitable for both individuals and businesses, an account manager is allocated to customers who want one.
Drawbacks: average fees and no payment card (available in the next few months).
Crypto.com
Advantages: very wide choice of cryptos, excellent user experience, many advantages with payment card.
Drawbacks: not regulated in France, customer support in English.
Deskoin
Advantages: regulated by the AMF, easy to use and reasonable fees.
Disadvantages: no additional options apart from buy/sell.
MT Pelerin
Advantages: excellent fees, non-custodial wallet, suitable for demanding users.
Disadvantages: requires some experience of managing the non-custodial wallet.
StackinSats
Advantages: one of the best services for investing in Bitcoin at low cost, automatic investments with regular maturity, regulated by the AMF.
Disadvantages: a little difficult to use for neophytes as no custodial service yet (but it's coming this summer according to our information).
Swissborg
Advantages: the best user experience in this comparison, very good returns on offer on your sleeping cryptos.
Drawbacks: not regulated in France.
Avant d’investir dans un produit, l’investisseur doit comprendre entièrement les risques et consulter ses propres conseillers juridiques, fiscaux, financiers et comptables.
