A cryptocurrency broker allows you to manage your digital asset portfolio securely and quickly. Therefore, to increase your investment core, it is interesting that you keep an eye on one. And, with the intention of helping you in your search, we compared two well-known brokers. Plus500 or Binance, which one will best meet your needs? Look here.

First of all, know that although the digital asset market is decentralized, it is important that you look for services that are registered and licensed with some competent government bodies. This will reduce the chances of fraud and scams being applied and provides you with a guarantee of trust and convenience of knowing that the brokers have serious work and a reputation to follow.

So, read this article until the end to decide which is more worthwhile for your reality: Plus500 or Binance!

Firstly, it is important to know that Binance is one of the largest cryptocurrency brokers in the world and is located in Portugal. With it it is possible to buy, hold and transact more than 600 cryptocurrencies. Among them are the most popular such as Bitcoin, Ethereum, TetherUS, USD Coin, BNB, Ripple, Solana, Cardano, Terra, Avalanche, Dogecoin, Polkadot, BUSD and many others.

Additionally, Binance allows flexible payment methods that include credit and debit cards at competitive rates.

However, the broker also provides a discount on transaction fees, but this is linked to the level, volume and structure of maker and taker, according to the list of fees available on the company's official website. In general, rates are less than 0.10%.

Its astronomical numbers of daily trading volume and registered users reflect the reliability that the platform conveys to its customers.

Although the registration process is simple and quick, you are responsible for verifying your account identity. In return, Binance guarantees security through advanced data encryption.

The platform allows access to NFTs, as well as earnings from fund holdings.

Finally, the broker offers 24/7 customer support via chat.

However, for those who are starting out in the cryptocurrency market, it is important to pay attention to this broker, to avoid losses, as its platform was created for a more experienced audience.

However, it still has numerous advantages for customers who are looking for good investments.

On the other hand, Plus500 is one of the brokers that most offers complete investment packages.

In addition to cryptocurrencies, you can invest in other funds and instruments, including stocks, forex, ETFs and more.

The broker does not charge fees for deposits, opening and closing transactions, real-time forex quotes, commissions, etc.

Therefore, it is remunerated through spreads, which would be the difference between buying and selling an asset.

Furthermore, the platform is simple to access and easy to understand. It can be used on the web or via mobile devices. In other words, you don't need to download an application to your desktop.

Furthermore, Plus500 offers a free demo account, which can be an advantage for many investors, especially those just starting out in the world of cryptocurrencies.

Although it does not provide support for a wide variety of cryptoassets, the wallet allows good flexibility in payment methods, which include credit card, bank transfer, Paypal, Moneybookers and Skrill.

Finally, like Binance, Plus500 offers 24/7 customer support.

This way, it ends up offering fewer advantages than other cryptoactives, which support more cryptocurrencies. However, even with the disadvantage, they still have many benefits for their customers.

If you live in Portugal and are looking for reliable brokers to transact cryptocurrencies, both Binance and Plus500 are great options.

On the one hand, Binance offers a wide range of digital currencies with end-to-end encrypted security.

Furthermore, this broker allows you to have full control of your portfolio, through an easy-to-navigate platform available for desktop and mobile devices.

However, the rates are competitive and you can still work with earnings from the holding and access the NFT market.

On the other hand, Plus500 offers more investment options, in addition to crypto assets. Furthermore, its free demo account can be a great advantage for beginners.

So, if you want to deepen your investments exclusively in the digital world, Binance can be your broker.

But, if you want to try the account and take advantage of other types of investments, Plus500 can be a great option.

But, if you don't feel identified with any of the brokers, also check out the Bitcoin.com broker and invest in Bitcoin, Ethereum and more cryptocurrencies. See the following post on how to join it.