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How can a beginning investor invest in bitcoin? Let us answer all these questions through the 5 best cryptocurrency exchange platforms.

Some Places to Invest in Bitcoin and Cryptocurrencies

How can a beginning investor invest in bitcoin? Can you transfer money from your bank account and convert it to bitcoin? Let us answer all these questions through the 5 best cryptocurrency exchange platforms. We will be using BTC and it is considered a symbol of bitcoin on trading exchanges. If you are interested in bitcoin trading check the largest market share in the bitcoin network .

If you want crypto to earn even higher returns, you can consider crypto savings account to do so. Here are the best cryptocurrency savings accounts in this blog. Here you can choose one of the best crypto exchanges:

Best Bitcoin and Cryptocurrency Exchanges and Investing Platforms

Voyager

Voyager has carved a niche for itself in a very short span of days that everyone can rely on. It is considered the most popular platform for investing in crypto, mainly because it was one of the first and among all other exchanges to start publicly traded. It is app-powered, providing you with a commission-free trading structure. Voyager supports cryptocurrencies because it has solid backing and affiliations and pays competitive interest rates along with asset taxes.

Pros

  • Commission-free trading structure
  • The app-based interface is quite simple to use
  • Solid interest rates offered with Voyager

Uphold

There are several simple solutions provided for trading different assets with Uphold. You have to open your account and you can start trading different assets without having to travel with cash. If you have been to or have been trading with every cryptocurrency, you will find that many tokens and coins only trade in pairs, so you may want to go back to BTC or ETH. can. Talking about the same Uphold, you can start the business of many properties directly.

Pros

  • This is a desktop and mobile app
  • The simple and transparent pricing structure
  • Crypto tokens and stocks, including popular ones such as Ripple ( XRP).

In today's time, Bitcoin is considered one of the most significant mainstream assets. Let's discuss how the pandemic has helped Bitcoin to gain popularity.

Bitcoin IRA

Bitcoin IRA is different from other platforms. Unlike exchanges and wallets, with which you can seamlessly exchange currencies and are subject to paying taxes for making profits. A Bitcoin IRA is an exchange and wallet as well as an IRA. This means the profits within your account are tax-deferred or tax-free and might be able to help you find the most expensive bored apes ever sold.

Pros

  • High-security options 
  • Invest in Digital Currencies Inside an IRA
  • Earn Interest on Crypto Inside an IRA

Hodlnaut

If you are looking for a good trading option, then Hodlnaut would be a good option for you. Hodlnaut is a platform with which to save and lend and is focused on bitcoin and other types of coins. Hodlnaut is a platform that provides the best and easiest way for all investors to earn interest on their holdings and buy and hold them. Margin trading investors who want to lend their crypto holdings or investors who can earn interest over a longer period. 

Pros

  • No minimum balance requirement
  • High interest on holdings

Experts feel that everyone on this planet should have one digital coin or other. It helps to own some digital currency, and one should own some crypto.

Crypto.com

Crypto.com is one of the largest crypto exchanges and the exchange is based in Hong Kong. Crypto.com is a crypto investment and staking platform. This platform was established in 2016. The founders of Crypto.com are Bobby Bao, Kris Marszalek, Gary Or and Rafael Melo. It provides a ton of support for all US-based customers. Solid rates are offered in crypto savings accounts. It’s only and biggest drawback is that it is app-based and not a desktop platform.

Pros

  • Huge amount of supported tokens and coins
  • Get a debit card linked to the account
  • Weekly interest payment on crypto savings

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