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Best Site to Invest in Cryptocurrency 2021

To make money investing in cryptocurrency, you can either invest with a trusted cryptocurrency investment company, buy and store crypto.

These are the best places to invest bitcoin and other cryptocurrency. Get in on the latest craze of digital currency. Bitcoin is a type of virtual currency that you can use for digital purchases or you can trade like stocks or bonds. But before you get into crypto trading and investment, there are certain things you need to know.

To make money investing in cryptocurrency, you can either invest with a trusted cryptocurrency investment company, buy and store crypto or buy and sell cryptocurrency including Bitcoin, you need to use a bitcoin exchange. The best cryptocurrency exchanges are secure, cost-effective, quick to set up, easy to use, and accept a variety of funding sources. Here are our picks for the best places to invest or purchase bitcoin.

  • Best Overall Bitcoin and Cryptocurrency Investment Site: InvestCryptocurrency.co
  • Best for Beginners: eToro
  • Best for No Cost: Robinhood
  • Best Instant: CoinMama
  • Best for Interest and Borrowing: BlockFi
  • Best for Privacy: Bisq

Best Overall - InvestCryptocurrency.co: Why did we choose it? If you are new to the world of bitcoin and cryptocurrency investment, InvestCryptocurrency.co is an excellent place to invest. They are very reliable, and also support a number of popular cryptocurrencies, a strong security track record, and impressive ROIs.

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  • What We Like: A recognized leader across the world with a relatively long track record in the industry
  • Reasonable fees and support for a large number of popular currencies
  • Majority of user assets stored in secure offline cold storage
  • What We Don't Like: Spread pricing means fees can be high for large transactions
  • High fees for debit card transactions

InvestCryptocurrency.co is one of the most reliable cryptocurrency investment sites. It boasts of over 43 million users in over 100 countries, making it a popular choice for cryptocurrency enthusiasts, investors, and traders. Invest Cryptocurrency holds over $11.3 billion in assets as at the time of this publication, and has generated over $54 billion investment returns for their investors. You can invest Bitcoin and other cryptocurrency with InvestCryptocurrency.co.

InvestCryptocurrency.co makes prompt payouts to investors, as well as responsive customer support. The additions include 5% referral bonus. Funding your Invest Cryptocurrency account is a very simple and straightforward process.

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InvestCryptocurrency.co offers strong security through InvestCryptocurrency.co Vaults, two-factor authentication, and its use of offline storage for the vast majority of investment assets.

Best for Beginners - eToro: Why did we choose it? eToro is our choice for beginners thanks to an easy-to-use platform and practice accounts that let you test out buying bitcoin without risking real funds.

  • What We Like: An easy-to-use web platform suitable for those new to bitcoin
  • Free practice accounts with $100,000 in virtual money
  • Copy-trading system to learn from other users
  • What We Don't Like: 0.75% spread fee for bitcoin purchases and higher fees on other currencies

If you’re looking for a simple and focused platform that allows you to buy bitcoin while learning more about the cryptocurrency ecosystem, eToro or coinbase pro could be right for you. Those new to bitcoin will appreciate the simple and straightforward platform and CopyTrader system that allows you to mimic trades from others on the platform.

You can test the waters with a $100,000 virtual account with no risk to your actual fiat currency when you sign up. Once you're comfortable, you can enter a live trade with real dollars. Just take note of the 0.75% spread price for bitcoin and higher transaction fees for other currencies.

Best for No Cost - Robinhood: Why did we choose it? Robinhood is our choice for cost thanks to commission-free bitcoin trades.

  • What We Like: No commission to buy or sell bitcoin
  • Platform very similar to stock trading
  • What We Don't Like: Short list of supported currencies
  • No option to withdraw bitcoin to a crypto wallet

When you pay fees of 0.5% or more to buy and sell, you’re giving up a big portion of your potential bitcoin gains right off the top. Robinhood is best known as a commission-free stockbroker, but you can buy and sell bitcoin with no commissions as well. If you already have some experience with stock market investing, buying cryptocurrencies with Robinhood will likely feel familiar, a bonus for those new to bitcoin.

Robinhood Crypto is technically a separate account that you use alongside your Robinhood stock investment account. It supports a fairly short list of currencies, but that could be fine for many bitcoin buyers.

Best Instant - CoinMama: Why did we choose it? We picked Coinmama because it offers instant bitcoin purchases with many payment options and high limits.

  • What We LikeInstant order delivery
  • Bitcoin delivered to any crypto wallet
  • Quick account setup and many funding options
  • What We Don't LikeComplex fee structure
  • Additional 5% fee for instant delivery
  • No support for ACH bank transfers

If you want to own bitcoin as quickly as possible and already have a bitcoin wallet, Coinmama may be your best choice. Coinmama features fast account setup and verification. Once you’re logged in, you can buy bitcoin instantly using several payment methods, though there may be a fairly high price tag for those instant purchase privileges.

You can use a credit or debit card to buy one of ten different currencies. When you place an order, the funds are instantly verified with your connected card by Coinmama, then the cryptocurrency you chose is deposited into your crypto wallet. Those in the UK and EU have additional instant funding options that are not available in the United States.

Hopefully, they’ll add US-based ACH payments as a funding method, though the nature of electronic transfers in the U.S. wouldn’t allow for instant purchases with this funding method. But if you have a credit or debit card and don’t mind the fees, Coinmama allows you to buy coins with any digital wallet instantly.

Best for Interest and Borrowing - BlockFi: Why did we choose it? We picked BlockFi because it provides the option to borrow using bitcoin as collateral, trade with no fees, and lend to earn interest.

  • What We LikeDeposit crypto into an interest-earning account that pays up to 8.6% APY
  • Use your valuable bitcoin as collateral for a loan in U.S. dollars
  • No added fees for cryptocurrency trades
  • What We Don't LikeLoan interest rates as high as 9.3%

If you have a lot of cryptocurrency and want to do more with it without selling, you should know about BlockFi. BlockFi enables you to earn interest when you deposit your bitcoin into an account. If you want to unlock your bitcoin without selling, you can also use existing bitcoin as collateral for a loan, but take note of the interest rates of 3% to 9.3% and the required 2% origination fee. You can also buy and sell bitcoin and other cryptocurrencies with no added trading fees.

Early adopters to the cryptocurrency bandwagon or with major holdings can earn serious interest with rates up to 8.6% APY (as of February 2021). BlockFi also has a new rewards credit card that will pay you in bitcoin, which shows plenty of innovation to come from this unique crypto exchange.

Best for Privacy - Bisq: For those drawn to the anonymity provided by bitcoin, Bisq may offer what you’re looking for. Bisq is a decentralized exchange that doesn’t require any signup or account. That means you can use Bisq to buy and sell with nearly complete privacy. The required Bisq desktop app is open source and free to use for linking your personal finance to your bank account.


Conclusion - Best Site to Invest Cryptocurrency and Make Money

You landed on this article because you need a trusted and reliable website to invest cryptocurrency and make money. When it comes to bitcoin and cryptocurrency investment, one of your best options remain InvestCryptocurrency.co

The views expressed in this post are the author's own. Want to post on Patch?

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