We recently talked about some of the pros and cons of buying bitcoins in 2021, something that many have considered due to the rapid rise in the value of bitcoin earlier this year. If, after reflecting on the subject, you have decided to start investing in bitcoin and other cryptocurrencies, you are probably wondering which platform to use. Today we have a multitude of different alternatives at our disposal, so it can be difficult to choose one or another option. Below we have compiled the best applications for investing in bitcoin and ethereum.
One option to consider when buying or selling cryptocurrencies is Binance. One of the advantages of the platform is the possibility of buying all kinds of different cryptocurrencies, such as bitcoin, ripple, ethereum, or bitcoin cash, among others. In addition, the platform allows users to buy cryptocurrencies using their credit card or through SEPA bank transfers. Currently, Binance has features and products for all types of investors. In fact, the platform offers different levels of trading experience (from beginners to experts) and allows trading in the future.
One of the cryptocurrency exchange platforms par excellence is Coinbase. The platform offers a very neat user experience and the purchase process is really simple, which undoubtedly helps its user share to be so large. Today, Coinbase has a multitude of interesting options. To give some examples, it is possible to schedule periodic purchases of cryptocurrencies and you have a kind of safe with time-delayed withdrawals. Not only can you use Coinbase to buy and sell bitcoin: you can also find cryptocurrencies such as ethereum, bitcoin cash, or litecoin. One of the weak points is the commissions, which are somewhat higher than on other platforms.
Kraken is another of the most recommended alternatives to start investing in cryptocurrencies. The platform has a very intuitive interface that facilitates trading operations for both beginners and experienced investors. One of Kraken’s strong points is its extensive educational resources section, which is especially interesting for those who are just starting in the world of cryptocurrencies. Kraken has fairly low fees and 24-hour global support.
We conclude the collection of platforms with Bitstamp, an alternative that has quite interesting advantages. Among other things, the platform allows users to make instant deposits and offers the option of withdrawing money directly to their bank account. Bitstamp’s applications have very useful functions and analytical tools for regular investors. You can buy cryptocurrencies using your credit or debit card. Undoubtedly, this is an option that you should not lose sight of.
The platforms we have just mentioned are some of the best alternatives we have at our disposal in the market, so the fact of opting for one or another option will depend on the needs and personal preferences of each one. Of course, something that you should always keep in mind is the importance of reviewing the commissions of each platform, especially if you plan to make a large number of transactions per month.