January 26, 2021 - Matthew Townsend
Where to Buy, Trade and Hold your Bitcoin, Ethereum and other Cryptocurrencies
There are many places to buy, trade, sell and hold cryptocurrencies. The following is a list of exchanges that I use and my opinions of them. Many or most of these exchanges will pay you for simply joining with minimal qualifications when you use the links provided. You can make a reasonable amount of profit especially if all of the options are used,
Nothing here or anything else from me should be considered financial advice. I am not a financial adviser, a CPA, or anything of the sort. All investments involve risk.
Coinbase
Coinbase is an incredibly simple exchange. It doesn’t have the largest list of currencies, but it’s easy to use and the mobile app is very convenient. The fees for buying and selling aren’t the lowest, but you can also swap cryptocurrencies for other cryptocurrencies. Coinbase is big a big enough exchange that cryptos often experience a spike in price when they get added to Coinbase for trading. There are also several informational videos you can watch on this exchange and get paid instantly to do so. You can then sell these currencies for cash or trade them for other cryptos if you choose. Coinbase is a must-have exchange even if only for getting paid to open an account and getting paid to learn about individual coins. I’ve had a Coinbase account since 2015. Here’s a sign-up link that will pay you $10.00 to join: JOIN COINBASE
Webull
Webull is my favorite place to buy stocks and ETFs, but is also now newly trading cryptocurrencies. You’ll get paid at least 1-4 random stocks after depositing $100.00 when using this link: JOIN WEBULL You can sell these stocks and buy crypto here or sell them and move the cash to buy crypto elsewhere.
Bittrex
Bittrex has over 250 cryptos available. Bittrex is more complicated and has many more features than the previously mentioned exchanges that are very valuable including being able to place orders to buy/sell at certain prices and having access to cryptocurrenices not yet available on other exchanges. JOIN BITTREX
Robinhood
Robinhood is an excellent stock trading platform that also trades cryptos. The cryptos currently available here are only Bitcoin, Bitcoin Classic, Ethereum, Litecoin, Ethereum Classic, and Dogecoin. It is free to exchange here, and you can make offers to buy/sell here for easy profits. For example, you may be able to put in a 100.00 order for Bitcoin to buy at 18,000 while it is over 19,000. When the price takes a dip it’ll auto-buy at the price you set. You can also sell at set prices to auto sell during a spike. Paying attention and riding waves during volatile times can be quite profitable, but risky. The downside to holding cryptos here is that you are only holding the value of a crypto, not the crypto itself. This means that you can not transfer your “crypto” to another exchange or buy anything with it directly as you can from wallets on other exchanges.
JOIN ROBINHOOD
Digifox
Digifox is an easy-to-use platform that pays interest on several cryptocurrenices and stablecoins. You can convert your USD to a USD-pegged stablecoin and receive 10% interest and at the time of posting this, some coins pay even more.
Claim your free $5 of USDC by using this link to Digifox. JOIN DIGIFOX
For extra security from hackers or anyone trying to see what you own you can cold-store many cryptos on a Ledger or Trezor. https://www.amazon.com/Ledger-Nano-Cryptocurrency-Hardware-Ethereum/dp/B07FY5R77T/ref=sr_1_5?dchild=1&keywords=crypto+wallet&qid=1606769977&sr=8-5
There are several ways to use crypto for regular purchases at Walmart or anywhere else that accepts Visa or Mastercard by instantly transferring crypto for USD by the swipe of your card. Also, you can easily buy from websites with bitcoin and some other cryptos directly. Even gold&silver exchanges like JM Bullion accept bitcoin, bitcoin cash, ethereum, Ripple, and 4 USD-pegged stablecoins. for gold&silver.
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