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Crypto Exchanges & Platforms

Where to buy Bitcoin, Ethereum, and altcoins — crypto exchanges vs brokers, custody risks, fees, and which platforms are best for different types of crypto investors.

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Common Questions

Q

Which platform is best for cryptocurrency trading?

Coinbase offers the simplest onramp with strong security. Kraken provides lower fees and more advanced features. For serious crypto traders, Binance (where available) has the deepest liquidity and most trading pairs. Many stock brokers (Fidelity, Interactive Brokers) now offer crypto too. Key factors: fee structure, available coins, withdrawal options, and whether you can transfer to your own wallet.

Q

Which broker supports crypto trading?

Robinhood, Interactive Brokers, and tastytrade offer crypto trading directly within a brokerage account. Fidelity offers a Bitcoin and Ethereum trading feature for retail investors. Traditional brokers like Schwab and Fidelity also offer Bitcoin ETFs (spot BTC ETFs), which provide indirect exposure without requiring a crypto exchange account. For direct crypto custody, use a dedicated exchange like Coinbase.

Q

Can I buy Bitcoin and crypto through a brokerage?

Yes — several major brokerages now support cryptocurrency. Fidelity offers direct Bitcoin and Ethereum trading. Robinhood supports a broad list of coins. Interactive Brokers added crypto. Additionally, spot Bitcoin ETFs (approved in 2024) are available at virtually every brokerage and provide indirect exposure to Bitcoin's price without requiring a separate crypto exchange account.

Q

What is the difference between a crypto broker and a crypto exchange?

A crypto exchange (like Coinbase or Kraken) lets you directly buy, sell, and hold actual cryptocurrency and withdraw it to a personal wallet. A crypto broker (like Robinhood or the crypto feature at Fidelity) lets you trade crypto-like assets for price exposure without taking direct custody of the coins. Exchanges give you more control; brokers offer more simplicity and integration with your existing accounts.