6 Best Crypto Trading Platform for Beginners
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Investing in Bitcoin is all the rage, but how exactly do beginners get started? Do you already have to own Bitcoin to invest? Or do you transfer money from a bank account somewhere and convert it to bitcoin? How does it look?
We'll answer all of these questions and list 10 of the best cryptocurrency exchanges and platforms you can use to buy Bitcoin and other tokens. In the future we will use BTC, the symbol of Bitcoin on exchanges and trading platforms.
If you just want to get high returns from cryptocurrencies, you might consider a cryptocurrency savings account. These accounts pay up to 12% in fees, but are also risky (just like regular crypto investments). Check out the best cryptocurrency savings accounts here.
1. Coin Base
Coinbase is by far one of the most popular and best cryptocurrency exchanges because you can invest directly with USD. You can currently buy Bitcoin, Ethereum and Litecoin on the platform along with over 30 other coins and tokens. In addition, you can also earn interest in USDT, and you can earn token rewards for completing various activities. Also, if you sign up for a new Coinbase account, you will get a $5 bonus if you start using our link!
Voyager is a popular platform for investing in cryptocurrencies because it was one of the first publicly traded exchanges. They are app-driven and offer a commission-free trading structure. Voyager supports most major cryptocurrencies, has solid backing and commitment, and pays competitive rates on assets. Also, if you open a Voyager account, you can earn $25 in BTC after trading $100 in cryptocurrency.
BlockFi is a cryptocurrency investment platform that allows you to borrow money and earn interest on your holdings. Instead of selling your coins and tokens, you can borrow your assets. If you just want to hold your tokens, you can also simply earn interest on them. Bonus Offer: Get up to $250 in bonuses when you deposit $25 and keep it for a specified period.
Uphold offers a simple multi-asset trading solution - open an account and trade multiple assets without returning cash. If you've traded all cryptocurrencies, you know that many coins and tokens are only traded in specific pairs, so always return to BTC or ETH. But on Uphold, you can trade multiple assets directly. Additionally, Uphold is one of the few exchanges that can trade XRP, DOGE, and more.
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Kraken was one of the first crypto trading platforms, and they have a huge selection of tokens and tokens to trade and invest in. They also allow margin trading. However, it is 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 allows you to trade DOGE and other riskier tokens. Note: Kraken offers US customers a limited selection of coins and tokens compared to international customers.
eToro has been around for a while in the UK and across Europe, but they now allow trading in the US. They offer a wide range of digital assets to buy and sell on their platform, and even better, they have a practice trading account so you can try it out before using real money. Currently, eToro also offers a $10 bonus if you deposit and trade $100 in crypto assets. This offer is only available to US users.