Buying Cryptocurrency with Direct Trading
Buying Cryptocurrency with Direct Trading
A cryptocurrency broker offers the exact same service as a trading platform where you go to a specific website to buy and sell cryptocurrency. However, unlike trading platforms where there is a fluctuating range of prices for an exchange, brokers set one fixed change rate for buyers and sellers.
The benefit for using a broker is that the fixed prices make it easy and straightforward for both parties. Yes, the broker will also take a premium percentage so it does have a ‘transaction fee’.
But it is the most straightforward way for anyone who prefers buying and selling this way. Also, if you’re just starting out and learning how to buy cryptocurrency, you might think trading platforms and direct trading are a little too messy and confusing to deal with. In that case, a broker might be the best option for you as it has generally less hassle.