As the price of Bitcoin continues to rise, there will be more and more people who want to buy it. However, even those who have been around for a while are finding it increasingly difficult to find a legit Bitcoin investment site. Because of this, it’s worth your time to read up on the basics of how you can choose a trustworthy investment site that will leave you satisfied with your results.
It offers many advantages compared to traditional forms of payment and has been growing in popularity in recent years. Many people are still confused about Bitcoin, so here are some top tips on how to buy and where to invest in Bitcoin.
What is Bitcoin?
Bitcoin is a digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network.
Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.
What Are Bitcoin Investments Sites For?
Bitcoin investment sites are not regulated by the SEC, so you don’t have to worry about them being a scam or fraudulent. However, they’re also not insured. Bitcoin investments can be risky and volatile, so it’s important that you understand the risks before investing in any cryptocurrency-related assets (like Bitcoin).
If you decide to invest in cryptocurrencies like BTC or ETH, make sure that your funds are going into a secure wallet (such as Trezor) where they’ll be safe from hackers who might try to steal them from a crypto exchange or other platform.
How Does Bitcoin Investment Sites Work?
When you sign up for a Bitcoin investment site, you’ll need to provide your name, email address and other details. You’ll also be required to enter credit card information (if they offer this option). Once that’s done, the site will send you a link where you can verify your account by clicking on it from any device connected to the Internet. Once verified, it’s time for action!
Once logged in, most sites have easy-to-use interfaces that allow users to buy and sell bitcoin through their accounts–and sometimes even trade them with other users on the platform as well! All transactions are conducted in real-time so there is no waiting around for funds after purchasing cryptocurrencies through these sites.
Instead all trades are completed instantly upon completion of payment processing which usually takes less than five minutes thanks mostly due its integration with PayPal & Credit Cards Services Provider like PayPal Holdings Inc., Visa Inc., MasterCard Incorporated etc.
How to invest in Bitcoin for beginners?
If you’re looking for a way to get started with Bitcoin investing, investing in Bitcoin through an investment site is a great place to start. The best sites allow users to buy or trade Bitcoin, and they provide plenty of information about the cryptocurrency itself. Most importantly, they offer a safe environment where users can learn more about investing without risking their own money.
If your goal is simply buying and holding onto your Bitcoin until its BTC price goes up over time, then buying Bitcoins directly from an exchange like Coinbase may be enough for you. But if you’re interested in trading them actively–and potentially profitably–then there are other options available as well.
What To Look For in Bitcoin Investment Sites?
When choosing a Bitcoin investment site, it’s important to consider the following factors:
- Safety and security. The first thing you need to make sure of is that your money will be safe. This means looking into the website’s security features and seeing whether they have an SSL certificate (which means they’re encrypted). You should also check out the company’s track record by searching for reviews online or asking friends who have used their services before.
- Fee structure. In addition to examining how much money they charge per transaction, it’s smart to also look at what types of fees are involved when buying/selling Bitcoin through this platform–and how often those charges occur (i.e., monthly vs annual). You might want something simpler if all you want is an easy way to purchase cryptocurrency without having to keep track of anything else!
- Trading options & customer support – As mentioned earlier, there are many different ways for investors like yourself to buy and sell bitcoins using an online exchange service such as Coinbase Pro or Kraken Exchange . Each platform offers unique features so make sure yours has everything needed before signing up for an account
- A good investment site will give you information on how and where to buy Bitcoin. You should also be able to see how the value of Bitcoin has grown over time and how much money people are making by investing in it. You’ll also want to know that the company is regulated so that the people running it aren’t going anywhere with your money.
Trusted Bitcoin investment sites
There are many features of a trusted Bitcoin investment site. If you are looking to invest in Bitcoin, it is important that you know the difference between a trusted and untrustworthy site.
Kucoin is a relatively new cryptocurrency exchange based out of Hong Kong. It’s known for its multiple coin support and ultra-low trading fees (0.1%). Kucoin also has a solid reputation with the community and comes highly recommended as one of the safest exchanges on which you can trade your coins.
Kucoin has very low fees, fast transactions, and supports many different cryptocurrencies. Kucoin also offers a mobile app that makes it easier to trade on the go. You do not need to register an account with your email address, password, or 2-factor authentication. The user’s private key will save on the device itself and you can use it to log in anytime from anywhere.
Coinbase is a US-based cryptocurrency exchange. The platform allows you to buy, sell and trade digital currencies such as Bitcoin and Ethereum. Coinbase was founded in 2012 by Brian Armstrong and Fred Ehrsam, who were then joined by Adam White in 2013.
As one of the top regulated exchanges in the world, Coinbase has been able to attract more than 20 million customers from over 100 countries worldwide with its simple user interface and security features like two-factor authentication (2FA).
Robinhood is a US-based stock brokerage that offers commission-free trading. The Robinhood app allows you to buy and sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH) and Dogecoin. It also supports other cryptocurrencies such as Ripple, EOS, Monero, Dash, Zcash and OmiseGo through its cryptocurrency trading platform Robinhood Crypto.
Robinhood was founded by Vladimir Tenev and Baiju Bhatt in 2013 as an investment app for millennials but recently introduced cryptocurrency trading in February 2018 which has helped them become one of the most popular crypto platforms with over 1 million users signing up in just three months.
Uphold is a cryptocurrency exchange platform based in London, with offices in San Francisco and New York. They offer margin trading, lending and other advanced tools to their users. Bitfinex has been around for quite some time now and they have an excellent reputation among the bitcoin community. They are also one of the few exchanges that allow you to trade fiat currencies against cryptocurrencies.
Bitfinex offers its services globally except for residents of New York State, as well as certain U.S, states like Georgia or Washington State where they do not have access rights yet due to regulatory reasons.
Kraken is a US-based cryptocurrency exchange, which also offers trading in traditional assets. It was founded in 2011 and has grown to become one of the largest exchanges by volume. Kraken is based out of San Francisco, California and operates worldwide with many different languages supported on their website. The platform allows users to trade crypto against fiat currencies like USD or EURO but also other cryptocurrencies such as Bitcoin Cash (BCH), Ethereum Classic (ETC) and Litecoin (LTC).
Kraken offers some interesting features such as margin trading where you can leverage your positions up to 5x with just 1:5 leverage ratio while being able to short sell coins at any time regardless if they are available on an exchange or not.
Gemini is a trusted Bitcoin investment site that has been around for quite some time. They have a solid reputation in the industry, and they’re also one of the first exchanges to get approved by regulators in New York.
Gemini is also known for having low fees when it comes to trading cryptocurrencies–you can even use your credit card on this platform if you want.