Large-cap cryptocurrencies had been huge performers during 2019 and even though Bitcoin had returned into the spotlight, Ether continues to remain on the second spot, with over $30 billion in market cap and more than $8 billion in daily trading volume on exchange platforms. The token continues to fuel the Ethereum platform, the birthplace of much promising blockchain-based companies and at the same time, continues to be the best option for smart contracts, despite competition from EOS or Tron. This year brought new alternatives to invest in cryptocurrencies, which is why we’ll analyze three of the most important categories, in order to help people who want to trade ETH to make the best choices. Traditional exchange platforms Judging by the numbers, the largest share of the daily trading volumes continues to be held by the traditional cryptocurrency exchange platforms. Despite one recent Bitwise research, showing that 95% of the volume declared by exchange platforms is questionable, there’s no doubt that many people use these platforms. Source: pixabay.com Although they are good for buying physical tokens and storing them in wallets, security concerns, as well as the lack of regulation, continues to be some of their main, which had remained unresolved until the time of writing. People continue to use them because of privacy features, but transactions costs are sometimes much bigger than they expect. Cryptocurrency trading platforms For the past year, we’ve witnessed the appearance of cryptocurrency trading platforms. In this case, people do not buy physical tokens, but instead derivatives based on cryptocurrencies that mimic the exact price performance of the underlying instrument. With them, traders can profit from the market volatility and generate returns due to the large price fluctuations, for a smaller cost. Most of the platforms work with traditional exchange platforms to provide the best liquidity and accurate quotes for their customers, which is something to appreciate. Online brokerage companies Since the cryptocurrency market works based on the same principles as with any other financial markets, online brokerage companies had also started to include cryptocurrencies in their instruments list. Easymarkets, forex.com, XTB, and others, have CFDs based on cryptocurrencies. Same as with cryptocurrency trading platforms, these instruments do not buy the underlying asset, but instead allow traders to profit from the market swings. In this case, the advantage is that traders have the ability to trade a wide variety of assets and they can include cryptocurrencies on their already-established portfolio. Jeremy Biberdorf Jeremy Biberdorf Jeremy Biberdorf is the blogger behind modestmoney.com and longtime SEO pro. In addition to his finance blog, he also runs an ad agency at adinventory.org and a freelance writing marketplace at targetwriters.com. You can follow on Twitter and on StockTwits View All Post By Jeremy Biberdorf Forex Industry share Read Next Irish PM Varadkar: Britain to fall into relative economic decline for decades after Brexit FX Street 4 years Large-cap cryptocurrencies had been huge performers during 2019 and even though Bitcoin had returned into the spotlight, Ether continues to remain on the second spot, with over $30 billion in market cap and more than $8 billion in daily trading volume on exchange platforms. The token continues to fuel the Ethereum platform, the birthplace of much promising blockchain-based companies and at the same time, continues to be the best option for smart contracts, despite competition from EOS or Tron. This year brought new alternatives to invest in cryptocurrencies, which is why we'll analyze three of the most important categories, in… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.