Every day, more newcomers join the crypto revolution as the crypto-land heats up. Many people are in the cryptosphere for money. Whatever your motivations for becoming engaged, keep in mind that everyone who has achieved success has started as a novice. That individual then went on to accomplish with the help of enough resources and self-education.
More and more people are accepting cryptocurrencies. Thus it would help if you increased your investment in this sector. It’s also becoming increasingly difficult to find a reputable crypto exchange, especially for new and experienced crypto traders alike, due to the market’s rapid expansion in the US and throughout the world.
If you’re just getting started in the crypto world, CoinSutra aims to be your one-stop answer for all of your crypto-related questions and help you become an expert at dealing with cryptocurrency. For more accurate information.
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BlockFi
Buying, trading, and earning bitcoins are all easy with BlockFi. It’s a commission-free trading platform, similar to Robinhood, where clients can earn up to 7.5 percent annual percentage yield (APY) on their cryptocurrency holdings.
BlockFi’s clients may cash out on their bitcoin holdings immediately for the first time, a feature not previously available. Traditional financial investors have nothing on BlockFi, a new-age decentralized bank account, security, and interest-bearing profits.
BlockFi is a multinational corporation governed entirely by state laws in the US. You can trade cryptocurrencies and get loans backed by them in all 50 states. The future of BlockFi seems bright.
There are currently no plans for a bitcoin rewards credit card to be released by this platform any time soon. With that card, you’ll receive back 1.5 percent in bitcoin for every purchase you make.
Binance
Since it has been dominating the crypto market for months, the Binance exchange no longer requires an introduction. This trade is suitable for both novices and experts. A characteristic that makes their UI highly user-friendly is an inherent option to move between the two modes.
Furthermore, utilizing Binance means you’ll never run out of funds because the exchange is always one of the top three by volume on CMC.
Additionally, if you trade using their native BNB coins, you may save up to 50% on your trading costs, which can add up quickly if you plan on becoming a full-time crypto trader.
The sooner you begin using BNB, the more money you’ll save over time. The best part was that they have the most advanced and user-friendly cryptocurrency trading apps for Android and iOS.
Coinmama
Founded in Israel in 2014, Coinmama is a cryptocurrency broker and exchange specializing in the Middle East. They promise to offer an easy, safe, and enjoyable way to buy bitcoin from anywhere in the world. The business made its debut in 2013.
Coinmama is a fantastic cryptocurrency exchange service if you want to buy cryptocurrencies using a credit card. Except for countries like North Korea, it’s a win-win situation for everyone. The best aspect is that you may acquire the coins and tokens you want at different exchange rates since they offer rapid delivery to their clients.
Due to this, you won’t have to wait long to start using the service, which we appreciate. Obtaining Bitcoin, Ethereum, and other cryptocurrencies may be made easier with the help of Coinmama, which also offers 24/7 customer assistance to its users.
When you do business in this manner, you can count on speedier and safer transactions as your primary benefits.
In addition, this site allows you to acquire up to 10 different cryptocurrencies at a low cost. The 2,9–3,9 percent price tag is something to be mindful of, though.
Cex.io
CEX.io is another well-known platform for novices to buy and sell cryptocurrencies due to its user-friendly UI and solid track record.
Founded in 2013, CEX is a cryptocurrency exchange located in the United Kingdom. Coinbase-like deposit options exist on CEX as well as the ability to buy/sell cryptocurrencies such as Bitcoin (and Bitcoin Cash), Ethereum (and Ethereum Classic), Stellar Lumens (and Ripple), and other altcoins. Not to mention that the majority of their traffic comes from fiat currency.
Therefore, they have plenty of liquidity. (According to CMC, they are one of the top 35 bitcoin exchanges.) Because they let users purchase cryptocurrencies using a debit or credit card, they’re an accessible choice for newcomers.
eToro
All-in-one copy-trading platform eToro is well-liked among bitcoin and FX traders. It is unique. eToro is a beautiful place to start if you’re a buyer who likes to get their hands in many different pies. There are several trading and money-making options available on this flexible platform. Social trading platform eToro originally opened its doors in 2007 and has since grown to be quite famous.
Even though eToro has an easy sign-up procedure, it’s a great broker for experienced traders as well. It’s possible to choose certain trading assets such as stocks, cryptocurrencies, or currencies using the primary page filter. Start ProCharts, configure price alerts, then use the settings button to enable one-click trading.
Bitfinex
Bitfinex has been in the crypto exchange game for a long time. It’s similar to Bittrex, except it only deals in fiat currencies like the US dollar, euro, and pound sterling, not cryptocurrencies. Because Bitfinex consistently ranks in the top ten on CMC, there’s no need to be concerned about liquidity while buying or selling on this exchange.
Furthermore, the exchange’s user interface is clear and well-documented, so even a complete newbie can get the hang of it in no time. Bitfinex requires registration, verification of ID, and authentication before you may trade.
After presenting a valid form of identification, you may expect to wait anywhere from 15 to 20 business days until your account is approved. The mobile applications (Android App | iOS App) are also worth checking out if you plan on trading while on the road.
