Is Now the Time to Invest in Bitcoin? Get Started With a Top-Ranked Crypto Exchange
If you’ve been following Bitcoin’s recent price increase, you’re not alone. The price of Bitcoin rose to a new all-time high of over $100,000 on Dec. 5—its first time hitting a price of six digits.This came shortly after President-elect Donald Trump’s promise of a crypto-friendly administration. It has since fallen closer to $95,000, but it’s still more than double what it was a year ago.
For individuals looking to invest in Bitcoin, the best crypto exchanges offer all the tools needed to research and invest in it and other cryptocurrencies. In addition to providing a platform to securely buy and sell digital currencies and tokens, many crypto exchanges offer other key crypto investment services like staking, lending, and digital asset custody.
Operating similarly to other central securities exchanges such as traditional online brokerages, crypto exchanges give investors—no matter where they are on the spectrum, from novice to long-time veteran—a familiar way to invest in Bitcoin and other digital currencies.
Invetopedia’s picks for this year’s best crypto exchanges include companies that offer robust security, a variety of crypto offerings, low fees, financial options features, and mobile capabilities.
Cash App is our top choice for trading Bitcoin because it allows investors to buy, sell, and store Bitcoin from their smartphones. However, Cash App only supports trading in Bitcoin. If access to a large number of alternative digital currencies is what you seek, BitMart is the best exchange for altcoins trading because it allows investors to buy and sell more than 1,500 cryptocurrencies in more than 160 nations.
For on-the-go traders, Crypto.com sports an extensive digital asset trading and investing ecosystem that
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