Top 10 Bitcoin and Cryptocurrency Investing Sites
With the current spike and interest in Bitcoin and Cryptocurrency it would be amiss for us not to share this with you. Here is our list of the 10 most popular Bitcoin and crypto sites.
Number 1 – Coinbase
Coinbase is a cryptocurrency exchange. It was founded in 2012, about four years after Bitcoin was created. It is based in San Francisco, California with offices across the world. Coinbase is a fully licenced and regulated Bitcoin exchange. Coinbase is by far the most popular because you can invest directly with USD. You can currently purchase Bitcoin Ethereum and Litecoin and 30 plus other coins and tokens on the platform. Furthermore, you can earn interest on your USD and you can earn token rewards by completing various activities. Plus, when you open a Coinbase account, you get a $5 bonus.
Number 2 – Gemini
Gemini is a US based company with FDIC protection for USD and has never been hacked. It’s a straightforward platform that is easy to use. Gemini is a popular platform to invest in crypto because of its focus on security and transparency. Unlike some exchanges that appear vulnerable Gemini makes it a focus to protect its customers. Plus, when you open a Gemini account and deposit $100, you get a $10 bonus.
Number 3 – Blockfi
Blockfi is a cryptocurrency investment platform that allows you to lend and earn interest on your holdings, which allows you to earn up to 8.6% annually on your cryptocurrencies that’s over eight acts the best savings account rates. Also, instead of selling your coins and tokens, you can also borrow against your holdings. If you’re just looking to hold your tokens, you can also just let them earn interest for you. bonus offer, get up to a $250 bonus when you make a $25 deposit and maintain it for the specified period of time.
Number 4 – Kraken
Kraken is one of the original crypto trading platforms and they have a good selection of coins and tokens to trade and invest in. They also allow margin trading. However, it’s a real exchange and not as easy to use as some of the top platforms on this list. Kraken is one of the few platforms on this list that allow you to trade in dojo and other more risky tokens. Note, Kraken offers a limited selection of coins and tokens to us customers versus international customers.
Number 5 – Robin Hood
Robin Hood offers free crypto trades on their platform. They are starting in just a few states and with just Bitcoin and Ethereum. But they plan on expanding this quickly. There are limitations but it’s free. Plus, when you open a robin hood account, you get a free share of stock.
Number 6 – eToro
eToro has been around for a while in the UK and throughout Europe, but they are now allowing traders in the United States. They offer a huge variety of digital assets to buy and sell on their platform. And even better they have a practice trading account so you can give it a try before you actually use real funds. Right now it Toro is offering a $50 bonus to new customers who open an account and trade $1,000 worth of crypto before March 31 2021.
Number 7 – Bitcoin IRA
Bitcoin IRA is a little different than the other platforms here. Unlike most exchanges and wallets, you’re basically just exchanging currency and are subject to paying taxes on your gains. With that being said, Bitcoin IRA combines the best of being a crypto wallet and exchange with also being an IRA. That means that your gains inside the account are tax free or tax deferred.
Number 8 – Crypto.com
Crypto.com is a cryptocurrency investing and staking platform. It was founded in June 2016. It has raised $26.7 million crypto.com is one of the largest and fastest growing crypto exchanges. Right now. You can have access to over 90 tokens and coins worldwide and 50 tokens and coins if you’re in the United States. Plus they offer solid rates on their crypto savings accounts. The only major drawback is that it’s only app based at this time, there is no desktop platform.
Number 9 – Binance
A great platform for getting into some currencies like cardano are Neo, not as easy to use as some of the top platforms on this list. They do have a decent mobile app, but again, not as easy to use. Note binance.us is the US version of the platform and has limited coins and tokens to invest in versus the international version of binance.
Number 10 – Coin Mama
Coin Mama is a cryptocurrency exchange. It was founded in 2013 and is registered in Slovakia. coin mama has over 2.4 million customers spread out across 188 countries. coin mama differentiates itself by letting you buy crypto with a credit card, debit card, Apple Pay or bank transfer. It supports the most popular tokens not as easy to use as some of the top platforms on this list.
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