Bitcoins are undoubtedly the most popular digital currency. And although people disagree on the matter, some still believe they might overthrow regular money.
Regardless of these speculations, however, the fact is that you can earn money by investing in Bitcoins. But in order to do that, you need to carefully choose the best websites to buy and sell.
Investing in Bitcoin can really pay off, but before you start making money, you need to make a couple of smart decisions.
So if you want to learn about some of the best and most trusted sites for buying and selling bitcoins, simply browse through our list!
This is one of the best sites available, especially because it makes trading extremely straightforward.
With Coinbase, you can do everything that can be done with Bitcoins. It is primarily a site that allows you to buy and sell units from and to other Bitcoin users with a very high level of security. It also allows you to pay for goods and services with a couple of clicks. Since it is arguably the safest platform, we have placed it at the very top of our list. And if you get familiar enough with the platform, you will find it fairly easy to make a profit.
It gives its users the opportunity to benefit from the ‘dollar cost averaging’ method. This means you can set it to buy bitcoins automatically on a weekly or monthly basis. But apart from that, it’s one of the safest sites as well.
Every transaction is monitored and whenever a suspicious activity occurs, there’s an investigation into the matter. And the company reserves the right to close the account once they prove it’s been abused.
This platform isn’t exactly an exchange, which means it’s different from Coinbase.
It’s a site where individuals meet to buy and sell their bitcoins. It has a page for each country that supports the currency, as well as a list of both buyers and sellers.
When it comes to safety, LocalBitcoins is a terrific site. This is mostly thanks to its built-in escrow system that protects individuals from scammers. Basically, this means the seller’s assets are kept in a safe place until they get a payment confirmation from the buyer.
Apart from allowing you to buy and sell your units, it offers a unique layout that helps you navigate the digital currency world with greater ease. For instance, you can get info on sellers’ locations both within and outside your country, and do it all at a glance. If you are a beginner and still need to learn, you might want to start by signing up on Local Bitcoins.
Kraken was one of the first sites that passed an independent audit. And they’ve been growing ever since, which means they now have a significant number of users. The platform itself is completely focused on trading in bitcoins.
One of the reasons why it’s so popular is the fact that it’s among the simplest when it comes to the setup process. If you don’t know how to do 2FA or 2-factor authentication, it might be best to start with Kraken. Otherwise you’re risking losing all your assets.
It is an exchange platform that can be used by both individuals and businesses. Just like Coinbase, they boast a great level of security. The engine itself is fast enough to service a huge number of people simultaneously, so you don’t need to worry about it slowing you down. And it has been rated as one of the best sites for Bitcoin investment.
This platform was the first operator to get a license for dealing in bitcoins. They recently celebrated their fifth anniversary, and are currently one of the most popular sites available.
The biggest advantage to using BitStamp is the fact that it supports both credit and debit cards. With it, you can also turn your bitcoin units into a proportionate amount of gold. It’s the only platform that offers these kinds of deals. Just like Coinbase, this is an extremely safe site, since all transactions are monitored.
If you’re not a beginner, however, you won’t be very impressed with the sites we’ve listed so far. You’re going to need something less flashy and more advanced. If that’s the case, OKCoin might be the right place for you.
There you can both buy and sell your bitcoins, as well as invest in them. On the other hand, if you’re not a trader, you probably won’t even be able to navigate the site.
One of the most highly rated peer-to-peer sites for investing in Bitcoin, Paxful has thousands of users from all over the world. It allows you to buy Bitcoins with a wide variety of payment methods, including Western Union and PayPal, as well as OneVanilla and Amazon gift cards. The process is very simple – you only need to select your preferred payment method and the number of coins you want to buy.Open account with Paxful »
As an open-source application, Bisq is quite flexible. It is also the fastest way to getting your hands on some Bitcoins that can be found online. Downloading the app, adding an account and finalizing a transaction can all take under 10 minutes. In addition, Bisq is safe, intuitive and can be used without having to complete any kind of registration process. With this platform, you can remain anonymous in all your financial transactions.Open account with Bisq »