If you trade 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! Some exchanges offer sign-up bonuses, margin and futures trading, staking, interest-earning, airdrops, and more. Exchanges I have used include CoinbasePro, Gemini, Kraken, Kucoin, 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.
You can easily trade crypto with Coinbase. Log in online with your favorite web browser or with mobile apps. Once you sign up with Coinbase, you can access the trading terminal with the CoinbasePro app or sign onto pro.coinbase.com
Gemini makes crypto trading easy for beginners. The user interface is clean and simple. For the advanced trader, Gemini offers a more traditional trading terminal in ActiveTrader. Sign up with Gemini and get $10 of bitcoin after you buy or sell $100.
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While you can buy and sell bitcoin with Robinhood, you cannot send or receive bitcoin. With Robinhood, you can only speculate on the price of bitcoin and not actually own it. In the future, Robinhood may allow deposits and withdrawals of bitcoin and other cryptocurrency assets they support. Sign up with Robinhood and get a free stock.
You can even trade stocks that give you exposure to bitcoin and other cryptos. Grayscale’s Bitcoin Investment Trust (Stock ticker: GBTC) is listed on the NYSE. With GBTC, you can own shares of bitcoin in your traditional stock or retirement portfolio. Check with your stock broker for the availability of Grayscale shares.
Important notes! The exchanges listed on this post are ‘centralized’ exchanges. That means that you are trusting the exchanges to safeguard your assets and honor your trades and withdrawals. Do not deposit what you are not willing to lose! There do exist, however, Decentralized Exchanges or “DEX”s. More to come about decentralized crypto exchanges.
Cryptocurrencies are highly volatile! Trade with caution and, again, never trade more than you’re willing to lose.