NiceHash Review 2022
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| NiceHash is a cryptocurrency mining provider, hash power marketplace and crypto exchange with competitive pricing and a wide range of tokens. | ||
NiceHash is broker that provides access to Cryptocurrency. Surprisingly, NiceHash does not support either of the enormously popular MetaTrader 4 and MetaTrader 5 platforms.
In terms of features offered to traders, NiceHash has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.
Cryptocurrency traders will have lots of options at NiceHash, with 56 different coins to trade: BTC, USDT, LTC, XRP, ETH, USDC, RVN, DOGE, BCH, 1INCH, XLM, DASH, XMR, AERGO, FTM, BTG, LINK, ZEC, MATIC, SUSHI, HOT, NEXO, UNI, MTL, MITH, GTO, PPT, EOS, AOA, POWR, AAVE, CHZ, ZRX, LOOM, POLY, DATA, RDN, YFI, KEY, AST, OCEAN, LBA, REP, SXP, BAND, BNT, WBTC, FET, OMG, CRV, CVC, MKR, ELF, STORJ, KNC and ANT.
NiceHash is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.
NiceHash Summary
NiceHash is a cryptocurrency mining provider, hash power marketplace and crypto exchange with competitive pricing and a wide range of tokens.
Ratings
| Bonus | None |
|---|---|
| Instruments | Crypto |
| Demo Account | ✓ |
| Min. Deposit | €1 |
| Min. Trade | 0.0001BTC, 1USDT |
| Regulated By | BVIFSC |
| MetaTrader 4 | ✗ |
| MetaTrader 5 | ✗ |
| cTrader | ✗ |
| DMA Account | ✗ |
| ECN Account | ✗ |
| Mobile Apps | iOS & Android |
| Auto Trading | ✗ |
| Trade Signals | ✗ |
| Social Trading | ✗ |
| Copy Trading | ✗ |
| Islamic Account | ✗ |
Cryptocurrency Trading
NiceHash marketplace supports trading in over 40 cryptocurrency pairs against Bitcoin and Tether.
| Spread | Variable |
|---|---|
| Coins | BTC, USDT, LTC, XRP, ETH, USDC, RVN, DOGE, BCH, 1INCH, XLM, DASH, XMR, AERGO, FTM, BTG, LINK, ZEC, MATIC, SUSHI, HOT, NEXO, UNI, MTL, MITH, GTO, PPT, EOS, AOA, POWR, AAVE, CHZ, ZRX, LOOM, POLY, DATA, RDN, YFI, KEY, AST, OCEAN, LBA, REP, SXP, BAND, BNT, WBTC, FET, OMG, CRV, CVC, MKR, ELF, STORJ, KNC, ANT |
Payment Methods
NiceHash accepts the following payment methods:
- Bitcoin Payments
FAQ
Is NiceHash Safe?
In our review we gave NiceHash a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that NiceHash is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.
Does NiceHash Accept PayPal?
No, NiceHash does not accept PayPal payments. See our list of brokers that accept PayPal for alternatives.
Is NiceHash Halal?
Probably not, as NiceHash does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.
Is NiceHash Regulated in the UK?
No, NiceHash is unfortunately not regulated by the FCA here in the UK. See our list of FCA regulated brokers for alternatives
Is NiceHash Regulated?
Yes, NiceHash is regulated by BVIFSC.
The fact that NiceHash is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for alternatives.
NiceHash vs Other Brokers
If you want to compare NiceHash with other brokers, use the detailed comparisons below.
NiceHash vs |
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| NiceHash is a cryptocurrency mining provider, hash power marketplace and crypto exchange with competitive pricing and a wide range of tokens. | ||