Top 4 Crypto Trading/Investing Sites

31


The need to invest in cryptocurrency is becoming a popular discussion. However, most people who want to get started don’t know how to. They don’t know sites where they can get cryptos or even how they can get it.

To help you get started with investing in cryptos, we’ve decided to list 4 popular websites where beginners can buy or invest in cryptocurrency. For those who just want to earn a high return with cryptocurrency, you may consider a crypto savings account. 

We will discuss different crypto savings accounts in another article, but in this article, our focus is on the top crypto trading/investing sites. Before we go on to look at these sites, let’s consider the factors you should consider before choosing any of them. 

How to Decide on a Crypto Trading/Investing Site to Use 

Some factors you should consider before choosing a crypto trading/investing website or exchange are:

Now we’ve listed the factors you should consider, let’s now consider some of these sites. 

The Most Popular Crypto Trading/Investing Sites

Below is a list of the 4 most popular crypto trading/investing sites or exchanges.

1. Coinbase

Coinbase is a very popular crypto investing site. It allows you to invest directly with the U.S. dollar (USD). Currently, you can purchase Bitcoin, Litecoin, Ethereum, and more than 30 other coins and tokens on Coinbase. 

Pros

Cons

Note: When you open an account on Coinbase, you’ll get $5 free. To open an account, click here.

2. Binance

Binance is one of the most robust crypto trading platforms. It is a wonderful platform for getting into cryptos like NEO or Cardano. Binance.us, the U.S. version of Binance, has limited tokens and coins you can invest in as compared to the international version.

Pros

Cons

  • Limited customer support

  • Not available in all 50 states of the U.S.

  • U.S. site has fewer features

  • The platform is not easy to use

To open an account on Binance, click here

3. Kraken

Kraken is among the earliest crypto exchanges. They are also one of the largest. Kraken offers a good selection of tokens and coins to invest in and trade. They are also one of the few crypto trading platforms that allow trading in DOGE and other very risky tokens. 

Kraken offers a restricted selection of tokens and coins to its U.S. customers as compared to its international customers. 

Pros

Cons

  • Not very easy to use

  • Limited customer support

To open an account on Kraken, click here.

4. Gemini

Gemini is another popular crypto investing platform. It is popular due to its focus on transparency and security. Unlike some crypto exchanges that look vulnerable, Gemini prioritizes the protection of their customers.

Gemini is one of the few exchanges that offer Federal Deposit Insurance Corporation (FDIC) protection on U.S dollar deposits. Recently, Gemini announced that it now supports Dogecoin (DOGE).    

Pros

Cons

Note: By opening and depositing $100 in your Gemini account, you’ll get a bonus of $10. To open an account, click here.

Conclusion

The sites listed above are some of the most popular crypto trading/investing platforms. Other sites for crypto trading/investing are BlockFi, Robinhood, Crypto.com, eToro, Hodlnaut, and Bitcoin IRA. 

 

READ MORE

6 Crypto Trading Mistakes That Will Leave You Broke

Reasons Why the Crypto Market is a Profitable Market to Trade

3 Crypto Trading Tips for Newbies

Hungrybear – Community-powered project that is rug-proof

How to Buy Bitcoin Instantly with Bank Account



Source link

Comments

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept