IQOption.com recently launched their cryptocurrency platform – and it is completely tailored for new investors.
They support way more different currencies than their main competitors, Coinbase and CEX.
While other exchanges mainly support Bitcoin, Ethereum and Litecoin, IQ Option currently supports:
- Bitcoin (BTC)
- Ethereum (ETH)
- Monero (XMR)
- Ripple (XRP)
- Dash (DASH)
- Stellar (XLM)
- NEO (NEO)
- Litecoin (LTC)
- QTUM (QTUM)
- Ethereum Classic (ETC)
- OmiseGo (OMG)
- Bitcoin Cash (BCH)
- Bitcoin Gold (BTG)
- Very easy to use
- Offers the most popular currencies
- High deposits without verification
- Up to 20 000 USD deposit without verification
- Does not accept US customers
IQOption is a regulated broker and they do not only offer the option to buy a wide range of cryptocurrencies – they also offer futures for trading on their platform which enables margin trading.
They have made every decision as easy as possible for new users.
You can deposit and buy any crypto with a Visa or Mastercard without verification up to $20,000.
IQOption offers their own secure wallets where you can store your cryptocurrency or you can choose to withdraw Bitcoin to your own personal wallet.
This is a good feature for new investors who choose to invest small sums of money.
At this time your are not able to withdraw any other Cryptocurrencies than Bitcoin and you are required to store and trade them on the IQ Option-platform or sell them for Bitcoin and move them to another exchange.
If you are trading larger sums we recommend you buy a hardware wallet, like the Ledger Nano S or a Trezor.
IQ Option is also the top rated crypto exchange for middle eastern countries. So if you are looking to buy crypto in United Arab Emirates (UAE), Saudi Arabia or Lebanon look no further.
General Risk Warning: The financial products offered by the company carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.