Top 10 Trusted Bitcoin and Cryptocurrency Investment Sites 2021
Investing in cryptocurrency is an excellent idea, and it is a perfect method to earn money. But for beginners, it is very difficult to invest in bitcoin. First, they need to find a platform that is very trustable and helps us to earn money, and second, they should have knowledge about cryptocurrencies, in which currency they should have to invest, and when to invest. These are basic information that everyone should have before investing in cryptocurrencies.
How to invest in bitcoin
Bitcoin is a cryptocurrency that is now the first and more famous cryptocurrency and now its worth is $50,000. I think there is not any other cryptocurrency whose worth is that.
Investing in BTC is similar to investing in stocks, except that, because of the frequent fluctuations in BTC, it is even more unpredictable. Here are the steps are taken to invest in inventories from the start:
1. Open a brokerage account at a firm that makes investment in cryptography
2. Deposit the bank’s assets into the brokerage account.
3. Purchase an inventory using deposited funds (cash balance).
4. Trade the stock later for a gain or loss. Funds are returned to the balance of your currency.
You could consider crypto savings account if you just want to earn a high return with crypto. Such accounts pay up to 12%, but they come with risks (just like regular crypto investing). Check out the best savings accounts for cryptocurrencies here. So, here are some bitcoin exchange platform software and crypto investing sites.
Coinbase is the most popular site through which you can invest easily directly with USD. Another benefit of coinbase is when you will register for it you will get $5 as a bonus. Currently, on the website, you can buy Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens. In addition, you can earn interest in your USDT, and by completing different tasks, you can earn token rewards.
Gemini is another crypto exchange site in which you will get $10 when you will open your account and deposit $100 into your account. With its emphasis on security and transparency, Gemini is a common forum for investing in cryptography. Gemini is focused on protecting its clients, unlike other exchanges that are insecure.
BlockFi is also one of the best crypto sites in which you will get $250 as a bonus, I think this is a very huge amount that you can get just by depositing $25 and maintain it for some time. You can say you will get interested in $25. It is a forum for investments in cryptocurrencies that allows you to loan and gain interest on your holdings. Often, you can also borrow against your holdings rather than selling your coins and tokens. You can also only let them win interest for you if you’re only trying to keep your tokens.
On this site when you will open your account, you will get a free share of stock which can be very useful to you later. On their website, Robinhood provides free crypto-trades. They start with only a few states, and only Bitcoin and Ethereum, but they are planning to expand this quickly. Limitations do exist, but it’s free!
Kraken is one of the few sites to exchange DOGE and other, more dangerous, tokens on this list. Kraken is one of the original trading sites for cryptography and has a good variety of coins and tokens to trade and invest in. They make margin trading as well. It’s a genuine trade, however, and not as quick to use as some of the top sites on this list.
eToro is one of the best sites for crypto exchange, but it is most accessible in Europe, now they are also allowing traders related to the united states. eToro gives you a $50 bonus when you will open your account and trade $1000 of crypto. This offer is valid till 31 March 2021. They offer a wide range of digital assets to buy and sell on their website, and they have a trading account that is even better, so you can test it before you actually use real funds.
It is one of the famous sites and also the largest and fast-growing site. It means most people prefer to use this. It is Hong Kong-based site but they mostly support traders in the USA because they think they can provide them a huge profit in the world. You will have access to more than 90 tokens and coins worldwide right now, and 50 tokens and coins if you’re in the U.S. Plus, their crypto savings accounts offer solid rates.
That’s a little different from the other sites here. You are essentially just trading money, unlike most exchanges and wallets, and are subject to paying taxes on your gains.
Coinmama is another huge and very easy-to-use site. It has unique features from others like it allows to buy crypto with a credit card, debit card, or any type of bank transfer.
Binance is also a good site to use but it is not easy to use like others I have mentioned above. Although they also have a mobile application. But also mobile application is difficult to use. Most people prefer Binance because of its offers and some other features which make it good like others.