If you enjoy trading stocks, you’ll likely love trading cryptocurrencies. The trading interface and features for crypto are very similar to that of traditional stock trading platforms. However, unlike the stock exchange, the crypto exchanges are open 24/7! In addition, some exchanges offer sign-up bonuses, margin and futures trading, staking, interest-earning, airdrops, and more. Exchanges I have used include CoinbasePro, Gemini, Kraken, Robinhood, and others.
Many crypto exchanges offer sign-up bonuses. Sign up with one or all of the exchanges listed below to learn more and start trading cryptocurrencies.
Robinhood offers stock and options trading as well as buying, selling, sending and receiving bitcoin and other crypto assets. Sign up with Robinhood and claim your free stock! You’ll get $5-$200 worth of fractional shares from America’s leading companies. You are guaranteed stock when you successfully sign up and link your bank account.
You can even trade stocks that expose you to bitcoin and other cryptos—for example, Grayscale’s Bitcoin Investment Trust (Stock ticker: GBTC) on the NYSE. With GBTC, you can own shares of bitcoin in your traditional stock or retirement portfolio. Bitcoin mining companies include, but are not limited to, Marathon Digital Holdings (NASDAQ: MARA) and Riot Blockchain, Inc. (NASDAQ: RIOT).
You can easily trade crypto with Coinbase. Log in online with your favorite web browser or with mobile apps. For more experienced traders, once you sign up with Coinbase you can access their advanced trading terminal.
Gemini makes crypto trading easy for beginners. The user interface is clean and straightforward. For the advanced trader, Gemini offers a more traditional trading terminal in ActiveTrader. Sign up for Gemini and trade at least $100 to get free crypto. The more you trade, the more you earn!
Important notes! The exchanges listed above are ‘centralized’ exchanges. That means you trust the exchanges to safeguard your assets and honor your trades and withdrawals. Kind of like depositing your cash into a bank versus storing your cash in a safe that you control. So do not deposit what you are not willing to lose! And as we crypto peeps say, “Not your keys? Not your coins!”
There do exist, however, Decentralized Exchanges or “DEX”s. You will need to use a self-custody wallet to interact with DEX’s. Learn more about wallets.
Remember, cryptocurrencies are highly volatile! So trade with caution and, again, never trade more than you’re willing to lose.