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Bitcoin investment sites (also known as exchanges) are important in the cryptocurrency industry. They make it easy for people to sell and buy Bitcoin using their local currency.
In the previous year, we have seen a new group of reliable exchanges that focus solely on Bitcoin; the most reputable and the largest cryptocurrency.
These exchanges represent an important change from what was experienced in the past where dubious exchanges stormed into the industry. Most of these questionable sites have been hacked or shut down due to many reasons.
In this article, we will walk you through 5 reliable Bitcoin investment sites.
Coinbase is the most popular bitcoin investment site because it allows users to invest directly with USD. Currently, you can buy Bitcoin, Litecoin, and Ethereum, and over 30 other cryptocurrencies and tokens on Coinbase.
Apart from earning interest on USDT, you can also earn token rewards by carrying out different tasks. Opening a Coinbase account will also earn you a $5 bonus.
Gemini is a popular site that you can use to invest in Bitcoin because it focuses on transparency and security. The platform makes it a point of duty to protect its users.
The site protects USD deposits from FDIC-related thefts. Gemini also supports DOGE. When you sign up on Gemini and deposit $100, you will be rewarded with a $10 bonus.
Kraken is a reliable Bitcoin trading site that has a collection of other coins and tokens that you can trade and invest in. They also give room for margin trading. However, it is not easy to use it when compared to other exchanges.
The platform is one of the few exchanges that allow people to trade DOGE and other riskier tokens.
eToro has been operating for a while in the United Kingdom and throughout Europe, but they are now open to users in the United States. They have a large number of digital assets that you can invest in. eToro also has an account that you can use to practice before using your real money.
The platform is currently offering a $50 bonus to new customers that sign up on their platform and trade any cryptocurrency worth $1,000 before June 30, 2021.
Apart from Bitcoin, Binance is also a great platform for cryptocurrencies like Neo or Cardano. Although it is not as easy to use as the other exchanges in this list, it is one of the most robust trading platforms in the cryptocurrency space. It also has a mobile app.
Binance.us is the US version of the platform. This version has a limited number of tokens and coins that people can invest in compared to the international version.
As businesses and organizations keep realizing the importance of Bitcoin and cryptocurrency in general, more legitimate Bitcoin investment sites will keep coming into the crypto space. This trend will continue as companies using only Bitcoin will outnumber those that support hundreds of illiquid tokens.
Here at Sell Bitcoins Africa, we recommend that you keep investing in your knowledge about Bitcoin and cryptocurrency (that is why we launched this website in the first place).
Thank you for taking the time to read this article. If you love it, you will also love our guide on things you should know before investing in Bitcoin.