Investing in cryptocurrency is the hottest new trend, and you may be thinking of investing a chunk of your capital into crypto tokens. But how does one get started, and what does the procedure look like?
If you wish to earn a high return on crypto can consider opening up a crypto savings accounts and get a return of 12% with a few added risks.
We have compiled a list of the best cryptocurrency investing platforms and exchanges to help layout the foundation.
This is one of the most popular cryptocurrency exchanges as it lets you invest directly in USD. This platform offers a range of up to 30+ digital coins and tokens such as Bitcoin, Ethereum, Litecoin, and more. It comes with a user-friendly interface, and it has a good selection of tokens and coins that you can choose from. Coinbase also comes with a high level of security and trustworthiness, making it the best exchange platform for cryptocurrency. However, this platform incurs high fees unless you’re subscribed to Coinbase Pro. The user is also doesn’t have control over the private keys in the wallet, and it’s slow to adopt new cryptocurrencies as they enter the market.
One of the most robust trading platforms, even though it’s complicated to use. The interface of their smartphone app is not as easy to use, and the US version has a limited number of coins and tokens as compared to the international version of Binance. Nonetheless, this platform supports a huge amount of coins and tokens, offers fast transactions, and it comes at low fees. For more information on these and more cryptocurrency platforms where you can invest your money, check out the Bitcoin Profit app.