Have you ever invested in Bitcoin? If so, probably the first thing you knew was which sites you could do that on. Like there are several cryptocurrencies, so are the platforms or investment sites. Some of them deal with numerous cryptos, while others specialize in one or a few. Want to start a Bitcoin (BTC) investment? You should know the legit investment sites you can trust. They are mostly called exchange sites or brokerage platforms. Let’s discuss them, including everything you need to know- stats, facts, and data. Find out more below.
Top 10+ Legit Bitcoin Investment Sites and Platforms for Crypto Trading
1. Coinbase
Coinbase is a more prominent site that’s based in the USA. It allows direct investment with USD and is ideal for beginners too. It accepts credit/debit cards, PayPal, and bank transfer payments. The fees charged depend on the payment method you use with card ones being the highest at 3.75%-3.99%. Its Cryptocurrency Wallet is very safe and secure, uses two-factor authentication, stores backup data safely in vaults and deposit boxes around the world, and is accessible by the Web or mobile app. Apart from Bitcoin, it supports other coins like Ethereum and Litecoin. It’s one of the easiest places to begin your Bitcoin business. Further, the first purchase of over $100 earns you a bonus of $10.
2. Binance
You can never go wrong with Binance as it’s a reliable and very secure platform that guarantees the protection of your coins while trading crypto. It’s ideal for expert traders to carry out real-time trades. It charges low fees and gives you the option of trading coins into multiple digital currencies like Ripple, Ethereum, Bitcoin, Bitcoin Cash, and EOS. It accepts cash deposits in over 50 currencies, including JPY, RUB, EUR, and USD. Binance also guarantees privacy, global support, and reliable management to assist you.
3. Kraken.com
Kraken is the largest exchange in Europe in terms of daily trading volume and one of the largest internationally. You can use it in almost every country. Several users suggest it has the best investment site meaning it’s a perfect choice if you need to trade Bitcoins. It’s also entirely focused on Bitcoin trading. Both businesses and people use it. The security level is high, and there are reduced worries of delay thanks to the fast engine. Kraken is suitable for novice traders and experts. It charges low fees, though you might find it hard to use.
4. BitStamp.net
BitStamp is among the oldest Bitcoin sites founded in 2011 and the first to be licensed in the EU. You can directly deposit Bitcoin using this platform and buy various cryptocurrencies. If you’re a newbie or one planning to spend less, this site isn’t suitable for you. The charges are high even on small amounts, especially when using cards. Debit card fees for depositing over $1000 are 2% while those for below $1000 are 1%. It’s the only platform that offers the opportunity to convert BTC units into a proportionate amount of gold. It accepts deposits in EUR and USD, has a high-security level, and provides 24/7 customer support.
5. Coinmama.com
Coinmama is an easy-to-use site like Coinbase as it offers exchange and wallet in one place. It operates in over 150 countries. It also charges higher fees than most exchanges. You’ll pay a 3.90% commission for buying and 0.90% for selling Bitcoins on the platform. Debit/credit card usage attracts an extra 5% fee. While governments don’t register most exchanges, Coinmama is registered in the US, adding to its legitimacy and efficiency. With this platform, you use every local currency and pay by credit card, though at a 6% fee.
6. Coinbase Pro
Coinbase Pro is one of the United States’ most significant and popular exchanges. Its funds are secure and insured. Up to $250,000 cash is insured. And, most of the cryptos are kept in offline form to avoid theft or scams. It operates at low fees and reasonable prices; you can even buy BTC for 0% fees. You can recharge your account through SEPA, bank transfer, or bank wire. Its major drawback is that it is difficult to navigate the user interface, especially for first-time investors.
7. CEX.io
It’s another very efficient to use and secure multifunctional site. It’s global and has trustworthy customer service which ensures the worldwide million customers get satisfactory assistance. It accepts currencies like EUR, USD, RUB, and GBP, and you can buy Bitcoin using bank transfers and debit/credit cards for a fee of 3.5%. It also supports 22 cryptocurrencies at competitive exchange rates and maximum account verification.
8. Paxful
Paxful is a legit and top-rated site for peer-to-peer exchange that provides individuals with the capacity to create offers in all currencies. With several users worldwide, you can trust this platform for your Bitcoin investment. It supports numerous payment methods (over 300), including PayPal and Western Union. Its user interface is straightforward to navigate. It also has an escrow system that ensures there’s maximum security of funds. Though, you still need to be cautious and guard against scammers.
9. LocalBitcoins.com
As the name suggests, this is an excellent Bitcoin investment site where buyers and sellers meet to trade their Bitcoins. It offers services to numerous countries and supports their currencies. It has an in-built escrow system that safeguards people from fraudsters, making it a very secure platform. Beginners can choose LocalBitcoins for a convenient startup. The platform makes it possible for individuals to get information on the locations of sellers within or outside their country. Thus, you can buy BTC via an in-person meeting but without revealing personal information.
10. CoinHako
It is a Singaporean Bitcoin broker that offers a fast way to buy BTC in Singapore at realistic fees of 0.9%. CoinHako is trusted and backed by some US investors. It’s quick and straightforward to use, charges low fees, and accepts bank transfers. You can buy BTC within a few minutes by topping up your CoinHako account using Xfers.
11. PrimeXBT
PrimeXBT is a comprehensive trading system that caters to both novice and experienced traders who want extremely dependable market data and performance. The whole infrastructure is built to handle enormous volumes of orders per second and significant loads, while still providing ultra-fast order execution and minimal latency. Traders of various levels of expertise may simply build and tweak layouts and widgets to suit their trading preferences. The company is known to provide all of its clients with such unique items and professional trade conditions.
The firm was founded in the year 2018, and since then, it has developed at an exponential rate, serving clients in over 150 countries. The company provides top-tier liquidity and a comprehensive choice of trading tools to all clients while preserving security and liquidity, ensuring a safe and efficient trading environment for everybody.
Conclusion
As the cryptocurrency industry becomes more popular, there’s an increase in people joining it. This also creates the need to help new ones get the right start in their investment, especially in Bitcoin, which is the most prominent trading crypto. What if you would like to venture into Bitcoin investment but lack cash? Don’t worry anymore; you can obtain the needed assistance online and they have helpful blog tips for bitcoin investments. Indeed, there are several sites you can use for Bitcoin investment. But, not all are legit and authentic. You can use any of the above trusted and highly rated platforms.
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