In this article, you will find all such platforms that streamline the process of crypto exchanges or making an investment on different platforms. Cryptocurrencies are a big deal in this digital age and making sure you have all the sufficient resources to operate in the market is mandatory and having a Decentralized Finance System is a must. Let’s have a look at them below.
1) Coinbase
The ever-famous crypto exchange to operate in this market is Coinbase. On this platform, you can make an investment with U.S. dollars. Moreover, you can buy cryptocurrencies like bitcoins, litecoin, ethereum, etc. You can also find digital tokens that can easily be traded/invested through this platform. Once you do, you also get interested and earn various rewards once a certain activity is completed.
The good thing about Coinbase is that it is user-friendly and has a variety of coins and tokens you can select from for your investment. You can also trust this platform to keep your information secure.Â
2) Voyager
Another famous crypto platform is Voyager. It stands amongst the top trading exchanges and is operated through an app. The trading system of Voyager does not charge you any commission which is a great benefit when you are looking to invest in crypto or token with the least amount of money. Voyager assists a lot of cryptos and has amazing engagement. It also pays an interest rate on digital assets. Moreover, you get 25 dollars in BTC when your account is set up on Voyager and you trade 100 dollars in crypto. This platform is also user-friendly as its application interface is built in a way that it supports users in their work.
3) BlockFi
Another investment platform in the cryptocurrency industry is BlockFi. You can easily give and generate interest on whatever investment you have. It’s also not necessary that you sell your tokens and coins. BlockFi also does not charge you any fees or commission. It is a platform located and regulated in the U.S. It also lets you earn great interest on whatever you deposit.
4) Uphold
This platform does not have a complicated system. It caters to users with easy solutions so they can trade different assets by opening an account. Users don’t have to revert to cash now.Â
Since many tokens and coins can only be traded in particular sets, you will always prefer bitcoins or ethereum to trade cryptos. However, Uphold lets you trade different assets on its platforms directly and smoothly. Its pricing package is also very simple and affordable and people can easily access it on their desktops as well as their mobile phone applications.
5) Kraken
Kraken is a trading platform where they have amazing tokens and coins selection from which users can trade or invest in. This platform lets users make the most out of margin trading.Â
Also, since it is an authentic exchange, it may not be as easy to use as other platforms, but still makes its mark amongst other platforms. It’s a crypto exchange that you can also trust because it has been running for a long time and thus, prioritizes the trust and privacy of its users.
What Do You Need To Make A Bitcoin Investment?
Whatever investment capital you have, you need to take out at least 10 – 30% of it to invest in bitcoins. If you think 10% is still a lot then you can start with 5% which is a better estimate. However, moving towards 30% directly is a risk that you may not be able to afford.Â
In the end, it is up to you what you decide. Considering the different factors that influence the market and how much risk you can accept, you need to calculate everything properly and then invest in any cryptocurrency.
Every day, we hear about cryptos penetrating into our lives rapidly and since we can’t stop any technological transformation, we have to adapt to newer environments.Â
To do so, the best thing to do at the moment would be to explore the crypto markets and see where your investment fits in. If you think you have enough capital to test the market and then go all in, it’s totally your call.