Top 5 Cryptocurrency Brokers to Buy Bitcoin in Germany

Germany, the biggest economy in Europe, has become one of the biggest players in the cryptocurrency industry. The country, which has a population of over 83 million is estimated to have more than 2 million crypto investors and based on Cyiptomonday.de, when it comes to finding the best bitcoin broker in Germany, you should know that "der Hauptvorteil einer Broker-Plattform besteht darin, dass sie den Preis von Bitcoin festlegt und immer zum Handeln zur Verfügung steht. Aus diesem Grund empfehlen wir dir, zu recherchieren, um die besten Broker für den Kauf von Bitcoin im Jahr 2022 zu finden."

Coinbase

Coinbase is one of the biggest centralized cryptocurrency exchanges in the world. The company went public in 2021 and is currently valued at over $38 billion. It has more than 83 million customers from around the world.

According to SimilarWeb, the company’s biggest market is the United States. It is then followed by Germany, which accounts for about 6% of its total website traffic.

Coinbase offers several services that users in Germany find ideal. First, it has a basic exchange that allows people to buy and sell digital coins. It charges a small commission for all transactions.

Second, it has a useful educational platform, where it explains new terms in the industry. Further, it has a debit card that people can use to shop and earn feature that gives users interest.

Most importantly, the company is highly secure considering that it has not been mentioned in major hacks. It also has intuitive mobile applications that are updated regularly.

Kraken

Kraken is another popular cryptocurrency broker in Germany. The company’s website generates 19.68% of its traffic from the United States followed by Germany. This makes it one of the top leading platforms in the country.

Kraken, which is also headquartered in the US, has millions of customers from around the world. In its most recent fundraising, the firm raised millions of dollars at a $10 billion valuation. This made it one of the biggest fintech firms in the world.

Kraken is a good exchange to buy Bitcoin for a number of reasons. First, in addition to BTC, it offers many other cryptocurrencies like ETH and XRP. Second, it is a safe platform that has a good reputation with its customers.

Third, a look at Google PlayStore and iOS store reviews shows that most people have positive reviews about the firm. The firm also has additional services like margin trading and Over-the-Counter dealing.

Crypto.com

Crypto.com is a Singapore-based company that became popular for its large marketing budget. It is one of the biggest sponsors of Formula 1 and it also owns the rights to the former Staples Center. The firm has over 10 million customers globally.

Crypto.com’s biggest markets are in the US and Italy. Germany is also a country where it is seeing strong growth. Many people chose the company for several reasons. First, it has friendly and easy-to-use mobile and web apps. Its mobile apps have excellent ratings.

Second, it allows people to deposit and withdraw funds using multiple options like credit and debit cards and bank transfers. Further, it offers a large collection of cryptocurrencies and non-fungible tokens (NFT).

Third, Crypto.com has lower fees than Coinbase. Also, it offers multiple solutions such as a debit card, a platform to earn interest, a DeFi wallet, and margin trading.

FTX

FTX is one of the biggest companies in the blockchain industry globally. The company is valued at over $25 billion.

FTX is a bit different from the previously mentioned companies because it is mostly geared towards traders. Some of the derivatives it offers are leveraged tokens and perpetual futures, which are a bit complicated to most people.

However, the company also has an exchange that allows people to buy and sell Bitcoin and other cryptocurrencies. It is a safe company that has a good reputation in terms of safety and costs.

KuCoin

KuCoin is another leading Bitcoin exchange that has over 10 million users from around the world. Germany is a relatively small market for the company. Still, it serves thousands of companies in the country.

KuCoin is a good Bitcoin exchange for several reasons. It is a safe platform that provides over 500 cryptocurrencies. Additionally, it has a news portal that provides buyers with the latest information about the happenings in the industry. It also offers multiple features like a peer-to-peer platform and third-party purchases. It also has a trading portal that has advanced analysis tools. The company also gives a welcome bonus of up to 500 USDT to new customers.

Summary

Getting a good cryptocurrency exchange is one of the most important steps that one can make in his journey. In the past, we have seen many people lose millions since they chose the wrong exchange. In this article, we have looked at some of the top exchanges to use in Germany and some of their benefits. Ideally, you should select a company that has a good reputation and has a track record of safety.