Top 4 Crypto Trading/Investing Sites

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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:

  • Security of funds

  • Ease of usage and UI

  • Development team

  • Past performance

  • Geographical operations map

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

  • A large number of supported currencies and countries

  • High liquidity

  • Allows you to buy cryptos using your debit/credit cards.

  • Strong security measures

Cons

  • Lack of anonymity. That is, users coins and transactions are tracked

  • Limited customer support

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

  • Fast transaction times

  • Many available currencies

  • Low trading fees

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

  • More than 50 supported cryptocurrencies

  • Low transaction fees

  • Offers margin and futures trading

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

  • Mobile apps available for trading on the go

  • Security-first mentality

Cons

  • Limited international availability

  • Does not support credit or debit card payment

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.

Tags:
Crypto
Category:Crypto

DISCLOSURE

Comments here are not of the author's opinion. Users are responsible for their comments.

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