The cryptocurrency sector has been growing rapidly over the past decade. The increasing popularity of Bitcoin and the entire cryptocurrency sector has led to the emergence of many Bitcoin investment sites. Despite the wide choice, the high number of investment sites available to people makes it even more difficult to find the legit ones to deal with. As a result of this, some people fall into the hands of scam investment sites and lose their money in the process.
As a trader or investor, protecting your Bitcoin investments should be your top priority. Partnering with a reputable broker and acquiring the right knowledge would make it easier for you to protect your Bitcoin investments and enjoy the cryptocurrency sector. Based on this, it is really vital to take the time to research and find legit investment sites to work with.
When trading with a reputable investment site, it will make it easier for you to buy Bitcoin, trade them, and sell them in exchange for fiat currencies. Most legit Bitcoin investment sites also have adequate insurance, which means that your funds are protected even in uncertain events. They also help protect your Bitcoin investment by implementing high-end security protocols. Some of these security measures include storing your Bitcoin stash in cold storage wallets, segregating the company funds from that of the customers, and using safety protocols like 2FA and SSL protection on their trading platforms and wallets.
This post intends to help you find the best Bitcoin investment sites that you can partner with to trade cryptos. These investment sites are legit, have large trading volumes, are extremely popular, operate intuitive trading platforms and a wealth of trading resources, and offer adequate security for your data and money. So, let’s get started.
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EuropeFX is a leading Bitcoin investment site that is legit and has gained global recognition. This investment site allows you to buy, sell, and trade a few cryptocurrencies, including Bitcoin, Dashcoin, Ethereum, XRP, and Litecoin. You can trade Bitcoin CFDs and these other cryptocurrencies against the US dollar on the EuropeFX trading platform.
EuropeFX is currently regulated by the Cyprus Securities and Exchange Commission (CySEC) and it provides its services to customers in Europe and other parts of the world. As a regulated investment site, EuropeFX is a good place to buy, sell, and trade Bitcoin.
One of the many features of EuropeFX is the availability of trading resources and tools. Traders are given access to trading resources like economic calendars, market reviews, glossaries, and help from the in-house analysts. For trading cryptocurrencies with EuropeFX, you get to use the MetaTrader 4 (MT4) platform and can enjoy all the advanced features and ease of use of this trading platform.
EuropeFX is also highly secured. Data on this trading platform is secured using 128-bit encryption. All financial transactions are conducted using licensed and regulated payment processors via PCI compliant servers.
Read more on Europe Fx Here
eToro is one of the best social trading and investment platforms in the world. The Israeli-based company is a multi-asset broker and allows people to trade and invest in a wide range of assets, including cryptocurrencies, forex, equities, and more. eToro operates all over the world, even in the United States, allowing customers to buy and sell Bitcoin and other digital currencies like Ethereum, XRP, LTC, and more with ease. eToro’s investment platform is quite simple and easy to use, making it suitable for people who wish to invest in Bitcoin and other cryptocurrencies with little trading capital layout.
This Bitcoin investment site has become popular all over the world because of the access it provides to various trading assets as well as its comprehensive educational resources. On eToro, people can trade Bitcoin with ease as they have a low minimum deposit requirement and equally low trading fees. eToro is a legit Bitcoin investment site that is regulated in the UK, Israel, Australia, and Cyprus; hence, you can be sure that your money is safe when you buy Bitcoin with eToro.
Read more on eToro Here
One of the biggest investment sites currently operating is Plus500. It is a legit Bitcoin investment site that is listed on the London Stock Exchange, and it is regulated by authorities in the UK and Australia. As a result of this, Plus500 is an excellent platform for buying Bitcoin and other cryptocurrencies.
Plus500 allows you to buy and trade Bitcoin and a few other cryptos without holding them in your wallets. The platform supports a few trading pairs, including BTC/USD, ETH/USD, LTC/USD, and XRP/USD. Plus500 offers CFDs on these instruments and also has a unique Crypto 10 index, which tracks and measures the performances of the ten leading cryptocurrencies in the market.
The trading platform is easy to use and to navigate, therefore, making it easy for first-time users and new traders and investors to navigate and buy Bitcoin. Their 2FA login process ensures that user accounts remain safe from hackers. For easier understanding, Plus500’s trading platforms are available in multiple languages, including English, Chinese, Arabic, French, German, Italian, Spanish, and more. The bottom line; Plus500 is an excellent and secure platform to purchase BTC and other digital assets.
Read more on Plus500 Here
Binance is perhaps the largest online marketplace to buy Bitcoin and thousands of other cryptocurrencies. It is currently one of the largest cryptocurrency exchanges in the world. Unlike the other investment sites discussed so far, Binance allows you to buy Bitcoin and hold them in your wallet, instead of just trading CFDs.
The Malta-based cryptocurrency exchange allows you to pay for Bitcoin and other cryptocurrencies with various fiat currencies. You can start buying and trading with a few dollars. Binance has one of the lowest trading fees, especially if you use the Binance coin (BNB) to pay your fees.
In addition to Bitcoin, Binance support over 100 other cryptocurrencies for deposits and withdrawals. Binance accepts users from all parts of the world. The platform offers only crypto-to-crypto exchange, which means you cannot trade the cryptocurrencies against fiat currencies on Binance. The user-interface of Binance’s trading platform is intuitive, and it has advanced charting tools to help traders with technical analysis.
Although Binance experienced a breach around a year ago, it remains one of the safest cryptocurrency exchanges in the world. Binance has other features, such as Binance Academy, Binance Labs, Binance Incubation, and more.
Kraken is one of the oldest digital currency exchanges still operational today. Founded in 2011, Kraken has been around since the early days of Bitcoin and continues to be one of the most reliable places to trade Bitcoin and thousands of other cryptocurrencies.
It is one of the first crypto sites to pass an independent audit and has been growing steadily for the last few years. With a large customer base, Kraken has always focused on providing trading services to clients in various parts of the world. Similar to Binance above, Kraken allows people to buy actual Bitcoins and to hold them on the exchange or move them to wallets or customer service platforms.
Kraken has a remarkably simple setup process and an easy-to-use interface. The platform has kept things easy and simple for investors. In terms of security, Kraken implements high-level safety protocols to ensure that customer funds and their private data remain safe and private at all times. Their expansive learning center also allows people to find out more about cryptocurrencies before they start investing.
This is an excellent investment site to purchase cryptocurrencies using credit and debit cards. Based in Slovenia, Bitstamp is currently one of the most popular cryptocurrency exchanges in the world. Similar to Binance, Kraken, and other leading exchanges, Bitstamp supports buying Bitcoin in smaller units called Satoshi.
Bitstamp was established in 2011 and has always favored quality over quantity. As a result, this is the reason why they provide trading options for a limited number of cryptocurrencies, allowing them to maintain a positive rating within the crypto community. Bitstamp has a moderate trading fee, which attracts people to the platform. In terms of security, Bitstamp encourages the use of 2FA to help protect customer accounts from invaders. They also have tight security measures that ensure that customer funds and personal information are kept safe at all times.
Bisq is an open-source desktop software that allows people to buy and sell BTCs in exchange for fiat currencies or other cryptocurrencies. Since it is an open-source platform, Bisq is very flexible, making it easy for people to understand and use it to trade Bitcoin and other crypto-assets.
With Bisq, third party entities are not required for carrying out cryptocurrency transactions. Instead, Bisq does not have direct control of the platform, which means it is not centralized and provides more security for users to trade on the site. Bisq is available to users in all parts of the world and is one of the leading decentralized exchanges currently operating.
Summary – Final Words
Finding a legit Bitcoin investment site is perhaps the most important thing you should do as a cryptocurrency trader or investor. Trading and investing with legit investment sites allows you to carry out your activities without any fear of losing your money or other valuable information. The investment sites reviewed in this post are some of the leading platforms for buying, selling, and trading Bitcoin in 2020. Some of them are regulated brokers which will provide you with excellent security protocols, user-friendly interfaces, top customer service and everything you need to trade Bitcoin effectively and profitably.