Bitcoin is one of the most popular cryptocurrency to invest your funds. It is the foundation of a decentralized economy. Bitcoin cash news can provide some relevant information about prices and how to invest in Bitcoin. About 60% of Americans know what cryptocurrency is, and only 5% of them own it. So, if there are only 5% of citizens holding the digital cryptocurrency, this means they are not aware of the best places to buy Bitcoin. This guide will list some best cryptocurrency exchanged to buy Bitcoin in 2020.
Before going any further, we should know what precisely a cryptocurrency exchange is. A cryptocurrency exchange platform is the best place to buy and sell using Bitcoin and other cryptocurrencies. Today, there are so many cryptocurrency exchange platforms that allow you to trade using cryptocurrencies. Below is the list of the most popular cryptocurrency exchange platform available for trading.
Best Exchanges To Buy Bitcoin
Coinbase is the most popular cryptocurrency exchange that was founded in 2012. It has been successful in gaining 13 million users in its platform. Coinbase achieved this success in the year 2017, and it can have a user base of 20 million customers in the future. When it comes to security, Coinbase is a very reliable platform.
Abra is the next one on our list. Abra started its journey in the USA in 2014. Its objective is to make cryptocurrency investment as simple as possible. They have also created a convenient app which allows anyone to Bitcoin, Ethereum and other popular cryptocurrencies. You can also buy stocks.
eToro is a popular name when it comes to popular Bitcoin exchanges available today. This platform provides its services both in cryptocurrency investing as well as investing. eToro has been successful in gaining around 10 million users in its platform.
BitBuy, founded in 2013, is a cryptocurrency exchange platform, which allows Canadian residents to invest in Bitcoin. It is more prevalent in Canada, as other decent international cryptocurrency platforms are not willing to provide their services to Canadian residents.
5 Binance Jersey
It is a Binane.com’s subsidiary. Binance Jersey is a reliable and secure cryptocurrency trading platform that is available only for the European Union and United Kingdom residents. Binance Jersey allows only the use of British pound and Euro to exchange with Bitcoin.
Why Should You Go For A Cryptocurrency Exchange
There are many reasons to use a cryptocurrency exchange to buy Bitcoin or any other cryptocurrency. You can easily rely on trading platforms like Coinbase and Abra, as they accept customers who comply with anti-money laundering and KYC(Know Your Customer) requirements. Moreover, the cryptocurrency exchange platforms are easy to use, faster and provide more liquidity. They also accept different traditional methods of payments used today like a debit card, credit card, cash and bank account transfer.
Cryptocurrencies are virtual currencies that are dominating the market worldwide, and Bitcoin is the most popular one among them. People can rely on dash news to stay updated with Bitcoin and other popular cryptocurrencies operating in the market. Going for a cryptocurrency exchange platform is the best way to buy Bitcoin. Here, customers have to go through several regulations, which provides a secure environment while buying Bitcoin.
Coinbase is a top-rated platform and is never hacked since the time it began its journey. The cryptocurrency exchange platforms are faster, cheaper and allow different traditional payment methods we use today like debit cards, credit cards, bank account transfers and cash. Finally, we can say that Investing in Bitcoin can give immense profits to the investors in the upcoming year.