We get it. The world of crypto investing can be overwhelming and daunting for a newcomer. After all, digital currencies are a fairly new technological advancement that only came around in 2009.
Thankfully, there is a tonne of websites that cater for new traders and investors. However, like anything in life, some are superior to others. There are some which are outright scams that can only harm your investing journey.
But does navigating an overwhelming new world of good brokers and bad websites and hoping for the best sound like a nightmare? It is! That’s why we’re here to spill the beans on the top ten crypto websites for beginners that people like YOU can trust!
Now, let’s begin!
The first website we want to introduce you to is Immediate Edge. This increasingly popular service can save its users time, money, and a lot of stress by pairing them with one of the crypto brokers they’d investigated, reviewed, and partnered with.
In doing so, Immediate Edge helps new traders get a foot in the door and eliminates the threat of them falling into the trap of scam brokers and exchange platforms. In addition, it boasts an enormous range of easy-to-use and beginner-friendly trading tools too.
And next, we have Gemini. In the early days of cryptocurrency, Gemini was one of the first crypto exchanges and has been going from strength to strength to become one of the biggest in the world in 2022.
Whatever cryptocurrency you’re looking to invest in, Gemini most likely has it. With a solid and reliable customer support team, they help their users every step of the way.
Once you gain more experience in crypto, the platform has the opportunity for traders to earn interest on crypto that they choose to stake on the platform.
Binance has a slight learning curve compared to some of the exchanges and websites on this list, but it is still viewed as one of the few beginner-friendly exchanges.
It offers a wide range of cryptocurrencies to invest in, and trade with and even comes with a well-developed mobile app so that you can keep up to speed with your portfolio wherever you are.
For readers in the United States, it’s worth noting that the U.S. version of Binance has a far more limited selection of digital currencies to invest in when compared to the broader international version of the trading website.
If you’re relatively new to crypto trading and have some experience under your belt, you’ll likely be well aware that certain cryptocurrencies can only be traded in specific pairs, forcing you to go back to other cryptocurrencies to exchange another constantly. With Uphold, those days are gone!
Uphold is a simple platform that allows people to trade various digital currencies using one easy account. From BTC to XRP and DOGE to ETH, Uphold boasts an impressive variety of crypto to play with, too!
Even if you’re completely new to crypto, you’ll likely have seen an ad or two for the powerhouse crypto exchange that is Coinbase. Due to the exchange allowing its users to deposit directly with U.S. Dollars, its userbase in America has skyrocketed to make it one of the biggest exchanges worldwide.
From beginners to advanced, Coinbase offers its clients the ability to buy, hold, and trade a huge array of digital currencies, from Bitcoin to Ethereum and Litecoin to Dogecoin. There are also many exciting ways to earn crypto through the platform.
Another crypto exchange that can trace its roots back to the early days of digital currency is Kraken. Today, it’s one of the biggest exchanges with a reputation for being a good choice for rookie traders looking to invest in a wide range of digital currencies.
Kraken is one of the few major exchanges that hosts more volatile and risky cryptocurrencies. However, as a beginner, try not to be lured in by these coins and stick to the bigger, more well-established cryptocurrencies.
Bitstamp is over a decade old and has been serving the constantly evolving needs of the crypto community since 2011. These days, it offers a rookie-friendly way for new traders to invest in order 70 different and exciting crypto assets.
Whether you use Bitstamp on the flawless desktop website or the equally high-performance mobile app, the platform lets you quickly buy crypto via your debit or credit card. So no more waiting on those long transfers and hoping the crypto price doesn’t rise beforehand!
For the past few years, the eToro brokerage has been dominating the crypto market in Britain and Europe by offering an enormous range of cryptocurrencies for people to invest in through various beginer-friendly methods.
The brokerage boasts everything from a demo trading account that uses dummy money to social trading features, so it’s easy to find your feet in the crypto market with eToro.
The Hong Kong-based exchange of Crypto.com has taken the crypto world by storm due to the numerous benefits it offers investors, from its quick signup to its on-platform credit cards that boast a whole host of crypto rewards.
In 2022, Crypto.com boasts more than 90 different types of crypto to invest in, with attractive interest rates for those who wish to stake their crypto and earn some passive income.
But wait, there’s a downside! Their customer service has some terrible reviews, and Crypto.com doesn’t have any desktop version of the platform and is only available via the mobile app. At least, for the time being.
And last but by no means least is Bitcoin Loophole. This innovative crypto website is designed with beginners in mind and is classed as an intermediary between new traders and world-class crypto brokers.
Using an algorithm unique to the website, Bitcoin Loophole can match its users to one of its partner crypto brokers in a matter of seconds. The end result is often a match made in heaven, with countless users reporting on how revolutionary it has been for their crypto trading.
Plus, Bitcoin Loophole has one of the lowest minimum deposits and allows traders of all social statuses to get involved in crypto. Something which, in our opinion, is how the trading sphere should be!
In Summary, There’s Never Been a Better Time For Rookies To Invest!
As we reach the end of our top ten list of beginner-friendly crypto websites, it’s clear that rookies have never had a better time to invest in cryptocurrency than in 2022.
From Immediate Edge to Bitcoin Loophole, we’ve covered some of the most helpful, innovative, and user-friendly websites that one could wish to find in the crypto market.
As we round off, we wish you the best of luck in your crypto trading journey by using these websites. Although it’s unlikely you’ll need it!
Always remember that the cryptocurrency market comes with a high level of volatility. This article is not investment advice, and the websites listed here are not guaranteed to be profitable. Trade responsibly.