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.
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.
Note: When you open an account on Coinbase, you’ll get $5 free. To open an account, click here.
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.
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.
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.
Not very easy to use
Limited customer support
To open an account on Kraken, click here.
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).
Note: By opening and depositing $100 in your Gemini account, you’ll get a bonus of $10. To open an account, click here.
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.