There are several things to put into consideration before choosing a trading platform. Do your research on how safe your money will be before investing on a platform. Make a detailed check of the platform interface; is it well designed and easy to navigate. Also, check the number of coins on those platforms, what countries are accepted, and find the possible payment method.
The fast growth of cryptocurrency has been the excitement for some time now, with investors craving the beneficial effects of digital currencies. Investing in bitcoin has generated more buzz than how a beginner can get started. You might need to consider crypto savings account if you are intentional about earning high returns. We’ll list the best cryptocurrency exchanges and platforms that allow you to buy bitcoin and other tokens.
Best Trading Platforms.
Voyager: Voyager supports most cryptocurrencies. It earned its popularity being the first traded platform to invest in crypto. Voyager is easy to use because it’s a simple app interface. It provided solid interest rates and a commission-free trading structure.
BLOCKFI: BlockFi is a crypto platform that enables you to lend out your holdings and earn interest. However, you can borrow against your holdings instead of selling your coins. You don’t have to spend a penny to sign up, and the exchange doesn’t require any fee. BlockFi offers a 6% Annual Percentage Yield. If you have an understanding of cryptocurrency, you wouldn’t have trouble navigating the platform.
Binance: Binance is a recommended platform to get into other currencies like Cardano or neo. Binance allows you to buy, sell, and trade cryptocurrency. You can earn interest on your coins by simply staking them for a while and making an interest rate between 0.5 to 10%. Binance belongs to the nominal list of reliable crypto platforms due to their publicity and their full capacity of offering services. Binance creates a host of educational content for newbies. It also specializes in advanced tools for veteran traders. You can access the Binance platform either on their website or mobile app.
COINBASE: In the aspect of popularity, coinbase is one in cryptocurrency exchanges. You can purchase Bitcoin Prime App, and Ethereum with an additional 50+ coins directly with USD. Also, it makes the buying and selling of cryptocurrencyeasier with its strong security and transparent pricing. It is perfect for newbies because it helps them receive their money directly into their bank account. It also gives options for individuals and institutional clients. Its features include iOS and Android mobile apps, staking rewards, and a coinbase.
The British Trade Platform: The British Trade platform trades Bitcoin price through the fully automated AI-driven crypto CFDs. You can trade crypto volatility like a pro. One of the Facts about British Trade Platformis that it is a system that analyzes the markets continuously, identifies the best deal, and executes transactions automatically without the need for human intervention. The platform is flexible because you can deposit and withdraw funds with ease. There are no transaction fees. The software will connect you to a broker who won’t charge you for using their services.
ROBINHOOD: Robinhood started as a broker company for stock traders and has shifted its interest to cryptocurrency. Robin Hood began by offering crypto services to the young and inexperienced traders hoping to join the trade. They get their reputations through their user-friendly app. There are also some measures they took that further improved and solidified the trading experience.
CRYPTO.COM: Here is another trading platform that permits users to trade, buy, sell and spend. It has a remarkable low fee of about 0.04% to 0.20%. It also enables its users to have a noncustodial De-Fi wallet that can be monitored through a separate app. You can always link this app to your main account for easy fund transfer.
eToro: eToro is a platform launched in the US with a cryptocurrency-only platform. They offer six crypto coins that most people are looking to trade with a $50 bonus. You have no commission on cryptocurrency. The user interface is easy to navigate.