Bitcoin investment sites are similar to the traditional stock investment websites. Certainly, there are a few differences and additional steps involved in Bitcoin investment sites. But they are all simple and anyone can easily complete the necessary procedures and begin investing in bitcoin.
Bitcoin is attracting a lot of people worldwide and primarily beginners and amateurs in the cryptocurrency sphere are the ones who are crazy about investing in bitcoin. And why not, there are hundreds of people who have generated huge sums of revenue by trading and investing in bitcoins and are now living a lifestyle they’ve dreamed off.
Investing and trading in bitcoin is easy, and there are both profits and losses involved. Considering you are a beginner and an amateur in the investment space. I would recommend you to learn more about how profitable investments and trades are made, and then you can begin investing and trading in bitcoin. This will definitely help you cut out simple mistakes and losses as well.
There are several types of investments, such as:
- Short term: Short-term investments are when you buy bitcoins and sell it or trade it within a few days for profits (within a month).
- Medium term: Medium-term investments are when you buy bitcoins and sell it or trade it within a few weeks for profits (within 1 to 6 months).
- Long-term: Long-term investments are when you buy bitcoins and sell it or trade it after a long period of time for profits (more than 6 months or 1 year).
- Day trading: Day trading is buying and selling of bitcoins on the very same day for profits. (Usually, multiple trades are carried out within a single day)
How to invest in bitcoin
In order to begin investing in bitcoin, just choose a platform from any of the below-mentioned bitcoin investment sites. And then proceed to complete the registration formalities. Once you have completed the registration and verification, you’ll have total access to the trading platform. Now add funds from your bank account to the cryptocurrency trading account. Buy bitcoins or any other cryptocurrency you would want to invest in and then sell it for profits or losses.
5 best bitcoin investment sites
Bittrex is one of the leading platforms for trading and investing in cryptocurrencies. Thousands of people worldwide find bittrex to be reliable and secure. Millions of trades have already been carried out and every day there are thousands of users who only trade using this platform.
Bittrex provides its support to multiple countries, and people from any different region can easily make transactions using this trading exchange. The fee they charge is very low, which is a beneficial factor if you trade on a daily basis. The trading engine they have is one of the best amongst many. The trades and transactions are executed instantly in real time.
There are multiple levels of security applied to ensure your trades and transactions are safe. The user interface is very neat and clean for any beginner to understand and navigate easily around.
Binance was launched recently and it has attracted millions of people worldwide. Within just a short period if time binance received millions of users. Similarly to bittrex binance has thousands of users every day who trade in cryptocurrencies. Many people consider binance as one of the best bitcoin investment sites as it has the necessary trading tools and some amazing features to help your trading activities.
Apart from bitcoin, there are multiple cryptocurrencies listed and you can trade using any cryptocurrency any time. Binance provides its support to almost all countries and you can easily use this platform from any region. The fee they charge is low. And the trading engine executes trades and transactions in real time. The security measures applied are very high-grade to keep theft away. The user interface is very simple and easy to understand.
BitStamp is in the cryptocurrency trading space for a while now and it has earned some loyal users who only prefer to use BitStamp for buying/selling and trading cryptocurrencies. BitStamp provides a variety of cryptocurrencies to trade in its platform. You can commence trading just instantly after completing the registration and verification formalities.
BitStamp supports multiple countries and people from those countries can easily buy/sell trade any cryptocurrency they like from this exchange. All major credit cards are easily supported. The user interface is simple and good for anyone to understand the navigation. They have some of the best security features to keep your funds safe with 98% of the digital funds being stored offline to eliminate risks.
Poloniex is one of the very initial and one of the preeminent platforms in the cryptocurrency sphere. It has executed millions of trades for thousands of users till now. Poloniex is considered one of the most active cryptocurrency exchanges in the world. They have one of the best and advanced trading tools with a number of technical indicators to help you in cryptocurrency trading.
Poloniex provides its support to various countries. They have cold storage with 24/7 monitoring to cut out the risks and to protect your money. The user interface is very decent with excellent navigation.
Kraken for many people is one amongst the best bitcoin investment sites. It has the necessary features and provides essential support to make it the best for bitcoin trading. The fee they charge is very low with fast funding capabilities. They have implemented one of the best security encrypted cold storage to eliminate risks.
The user interface and navigation are decent and clean for any beginner to understand easily and start trading instantly. The trading engine provided by Kraken is quite fast and the transactions are carried instantly in real time.
All the 5 bitcoin investment sites are very reliable and have the necessary tools and features in their trading engines. Millions of people from around the globe use these platforms on a daily basis and they haven’t faced any problems till now. Even if you’re a beginner you can easily understand the working structure of these exchanges as they all are designed in an easy to use interface.
All you need to do is register and complete the verification process in any of the exchange mentioned in this article. Once you have successfully completed it, you can instantly be able to start investing in bitcoins and any other cryptocurrency that you like.