Best Crypto Exchanges & Platforms Of May 2023

Public Group Active 1 year, 6 months ago

Investing in Bitcoin is all the rage but how exactly does a beginner get started?To get more news about WikiBit, you can visit wikifx.com official website.

Do you need to already have Bitcoin to invest? Or do you transfer money from your bank account to somewhere and convert it to Bitcoin? What does that look like?

We’ll answer all of these questions and list 10 of the best cryptocurrency exchanges and platforms that allow you to buy Bitcoin and other tokens.Going forward, we’ll use BTC, which is the symbol for Bitcoin on exchanges and trading platforms.

If you just want to earn a high return with crypto, you might consider a crypto savings account. These accounts pay up to 12%, but do come with risks (just like regular crypto investing).
Best Crypto Exchanges and Investing Platforms
Here is our list of the 10 best cryptocurrency exchanges and investing or trading platforms. The cyrpto offers that appear on this site are from companies from which The College Investor receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). The College Investor does not include all cryptocurrency exchanges or all crypto offers available in the marketplace.

1. Coinbase
Coinbase is by far the most popular and one of the best cryptocurrency exchanges because you can invest directly with USD. You can currently purchase Bitcoin, Ethereum, and Litecoin and 30+ other coins and tokens on the platform. Furthermore, you can earn interest on your USDT, and you can earn token rewards by completing various activities.
2. Binance
A great platform for getting into some currencies like Cardano or Neo. Not as easy to use as some of the top platforms on this list, but they do have one of the most robust trading platforms out there. They do have a decent mobile app, but again, not as easy to use and we’ve been frustrated with it. Try Binance here.
3. Uphold
Uphold offers simple solution to trading multiple assets — open one account and trade multiple assets without making a trip back to cash. If you’ve every traded crypto, you’ll know a lot of coins and tokens only trade in certain pairs, so you’re always going back to BTC or ETH. But on Uphold, you can trade multiple assets directly.
4. Kraken
Kraken is one of the original crypto trading platforms and they have a good selection of coins and tokens to trade and invest in. They also allow margin trading. However, it’s a real exchange, and not as easy to use as some of the top platforms on this list.
5. Gemini
Gemini is a popular platform to invest in crypto as it was one of the first major exchanges, and today it’s one of the largest by assets.

Gemini supports most major cryptocurrencies, has decent support and engagement, and pays competitive interest rates on assets, if you qualify.