Cryptocurrency is the future, and you should get on board now. As cryptocurrency becomes increasingly popular, more and more sites are starting to offer resources for investing in it. Some of them are good, some of them are bad—but here are some things to look for when choosing a crypto investment site to help you make informed choices.
With a steady increase in the value of Bitcoin and other cryptocurrencies, many people have started looking for new ways to invest in the market. When you’re just getting started with cryptocurrency, it can be hard to know where to start.
There are so many sites springing up, but how do you know which ones are trustworthy? Here is a list of the most reputable places to invest your money.
Best Crypto Exchanges and Investing Platforms
If you’re new to the world of cryptocurrency, or just looking for a little more information before you jump in, check out these sites to get started.
KuCoin
If you are looking to invest in cryptocurrency, you should look at KuCoin. This is a Hong Kong based exchange which was launched in September 2017. The company has a daily trading volume of $549 million, which makes it one of the most popular exchanges for altcoin trades. It is also the most advanced and secure cryptocurrency exchange. It offers investors a lot of advantages and benefits.
KuCoin is a unique cryptocurrency exchange, since it offers a variety of digital assets for trading. If you’re looking to trade cryptocurrencies, it’s a good idea to find an exchange that offers several different types of coins so you can maximize your investment.
KuCoin offers Bitcoin, Ethereum, NEO, EOS, USDT, and many other popular cryptocurrencies and trading pairs including ALGO USDT and more. You can also purchase cryptos with fiat money (USD, EUR) via credit card or wire transfer.
Gemini
Gemini is a New York-based licensed cryptocurrency exchange and custodian. Launched in 2015, Gemini is one of the first exchanges to be fully regulated by the New York State Department of Financial Services (NYSDFS). The exchange offers an intuitive interface, low fees, and high liquidity. This makes it a great place for beginners to start trading cryptocurrencies—and its low minimum deposit requirements make it a good choice for experienced traders as well.
Gemini’s prices are lower than other major exchanges such as Coinbase or Kraken because they use proprietary software instead of open source platform options like GDAX or Bitstamp.
Uphold
Uphold is a platform for moving, converting, transacting and holding any form of money or commodity securely. It is one of the most complete cryptocurrency investment sites there is. They allow deposits from bank accounts and credit cards, which means you can use your own money to make investments in cryptocurrencies.
They also have an excellent exchange rate so that you can convert your holdings into other currencies quickly and easily. This saves you both time and money on the transaction fees associated with other sites because they only charge a small fee (1% flat) when making transfers between currencies. This makes funds move quickly and smoothly without any additional costs.
Coinbase
Coinbase is a digital currency exchange based in San Francisco, California. They broker exchanges of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Solana (SOL) and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide. The increasing SOL price makes the asset popular to investors nowadays.
Coinbase Pro is an advanced trading platform for more serious cryptocurrency traders who need access to more features than Coinbase offers. It has lower fees, an entirely different user interface, as well as many other benefits that should suit the needs of most users.
Binance
Binance is a cryptocurrency exchange that allows you to trade different cryptocurrencies like Bitcoin, Ethereum, and Tether. It has become one of the most popular exchanges in the world due to its low fees and large number of cryptocurrencies available for trading. The website has multiple languages including English, Chinese and Japanese.
Binance has been praised for its security features which include two-factor authentication as well as ‘cold storage’ which means keeping your cryptocurrency offline so it cannot be hacked into or stolen from your account.
Kraken
Kraken is a US-based exchange that offers trading and order books for Bitcoin, Ethereum and other cryptocurrencies. It is also an exchange and trading platform, allowing users to buy or sell cryptocurrency using USD or EUR. Kraken was founded in 2011 by Jesse Powell (CEO) as a Bitcoin exchange for Euro traders.
In 2013 it added support for trading between USD and EUR, which made Kraken one of the largest bitcoin exchanges in Europe at the time. Kraken has been operating since 2011 so you can be sure that they’ve had plenty of time to iron out any kinks with their service and improve their user experience over time.
Bitstamp
BItstamp is one of the largest exchanges in euro volume. Their site is well-designed and beginner friendly, with a simple layout that lets you buy bitcoin by depositing funds into your account and then sending it to a bitcoin address you provide, or vice versa if you want to sell back your coins.
It’s also easy to navigate once you get the hang of it, with charts illustrating price changes over time. You can store your coins in an online wallet that bitstamp provides for free, but there are other third party options as well. Bitstamp allows you to buy bitcoins up to €1,000 per day and up to €5 million per month.
