By: Mantri Pragad Markandeyulu
Part – 3 A Blog Series On Cryptocurrency
Cryptocurrency exchanges You can purchase bitcoin from several cryptocurrency exchanges. Many charge a percentage of the purchase price. Do your due diligence to find the right one for you. Some of the more popular exchanges include: Coinbase: This is a popular choice for U.S. bitcoin buyers, in part because you can easily link your bank account. Coinbase also offers access to etherium, litecoin and other cryptocurrencies.
On each transaction, Coinbase charges a spread (an adjustment in the purchase or sale price of an investment) of about 0.5%, plus a fee. The fee is the greater of a variable percentage based on region and payment type — for example, 1.49% for a purchase funded by a U.S. bank account — or a flat fee that ranges from $0.99 to $2.99, depending on the amount transferred. (Want to know more? Read our Coinbase review.) Binance.US: The U.S. arm of the world’s largest exchange by volume for all cryptocurrencies, Binance.US charges a 0.1% fee for all crypto trades (some discounts are available), plus a withdrawal fee.
The exchange’s 50-plus selection of cryptocurrencies, plus a range of crypto-to-crypto trading pairs, is larger than many other U.S. cryptocurrency exchanges. (Read our Binance.US review.) Gemini: This U.S.-based crypto exchange trades bitcoin, ether, bitcoin cash, litecoin and zcash. Transaction fees range from $0.99 to 1.49% of your order, depending on the size of the purchase or sale, plus a fee of about 0.5%. (Learn more from our Gemini review.) Coinmama.
This exchange trades in eight cryptocurrencies, including bitcoin. Coinmama requires a minimum $60 purchase and charges a transaction fee of 5.9% (plus an additional 5% fee for credit card purchases). » Learn more: How to buy Ethereum
Traditional stockbrokers The choices among traditional brokers that give customers a way to buy and sell bitcoin are few right now — Robinhood was the first mainstream investment broker to offer bitcoin (Robinhood Crypto is available in most, but not all, U.S. states). Like its stock-trading platform, Robinhood charges no fees for bitcoin trades. TradeStation also offers crypto trading, including bitcoin, as does eToro — which also features a unique social trading platform, allowing users to match the moves of popular traders. Other brokers have announced plans to offer cryptocurrency trading in thenear future.
Read More : Obsessive-Compulsive Disorder OCD By: Dr. Ayushi Shrivastava
Read More : Unlock Your Potential With Good Nutrition By: Dr. Ayushi Shrivastava
Read More : INCREASE CORE MUSCLE STRENGTH FOR HEALTHY BODY by yoga practice and workout for get energy for the day
Read More : On the Pursuit of Meraki Moments
Read More : A Glimpse into my Trinbagonian Culture
Read More : Elusive or Expressive?
