Today, we're reviewing Amber, a bitcoin-only exchange built for dollar-cost averaging. Being 100% focused on Bitcoin, Amber does not have any altcoins. They do, however, have many unique ways to stack Bitcoin which we'll get into.
We'll cover a wide range of topics like the fees, features, security, and more to help you decide if Amber is right for you. At RankFi, we've reviewed over 50 cryptocurrency exchanges so we know what to look for. Let's start.
Want just the summary? Here is my two cents:
If you want somewhere to set and forget your Bitcoin purchases and don't mind paying slightly higher fees than other apps, Amber is a great choice.
Bitcoiners will love Amber if you want to dollar-cost average Bitcoin automatically. You can also set custom orders like "Buy the Dip," "Buy the Schiff," and more which you won’t find on other apps. The downsides are 0.99% trading fees and a $14/month subscription for premium features.
If you want the best altcoin exchange, use Binance. If you want the best overall exchange in Australia, use Swyftx. You can also visit our comparison tool to see 15 Australian platforms across 60 variables like fees, spreads, features, and more.