Today I will share with you the 5 best ways to acquire Bitcoin in America. With the lowest fees and the best features. You should never keep all your eggs in one basket so I advise to try out all these platforms and use a couple of them. Apps like Robinhood and Etoro don’t let you buy Bitcoin. They just hold the asset and you trade their fake numbers. You want the real underlying asset when you buy Bitcoin. That you can send to your friends or buy various things. Here are my 5 best picks for the best places to aquire BTC.
Coinbase is one of the most well known places to buy BTC. They are giving away $5 in BTC to sign up. It has a pretty interface, but the fees are outrageous so instead an insider tip is that you can use Coinbase Pro. To get the fee down to 0.50%. There is even a feature called Coinbase earn where you may earn various cryptocurrencies by watching videos on them. Right now they are giving away MKR. You can also earn more by sharing the videos with your friends. There is a Coinbase Wallet application but I would advise moving your Bitcoin out of Coinbase and to somewhere with staking potential. Coinbase only allows staking for Tezos, Atom, and USDC with low rates.
Crypto.com Is one of my favorite places to buy Bitcoin. If you buy with your bank account there are no fees. If you use your credit card it’s about 1.99%. Some features Crypto.com has that others don’t is a Crypto Visa card with awesome features depending on how much you stake. There is also an earn feature where you can stake your BTC for 6.5%. They also have a large selection of altcoins you can stake for high rates of return. You are able to lock in greater rates by staking their coin CRO. One of the top coins according to CoinMarketCap.com and CoinGeckko.com.
Next up we have the Cash App. They will give you $10 of BTC with your first purchase of BTC. If you already use the cash app it would be easy to navigate through the simple interface to purchase some BTC. They own 4,709 bitcoins at an aggregate purchase price of $50 million. Square is a trusted American brand and they have a big role in the financial system.
Paypal is the newest addition to the game. They recently purchased 70% of the newly minted Bitcoins. They hit the ground running with a large amount of various coins for sale. They have pretty high fees around 2.3% but they are one of the safest places to hold your cryptocurrency because they have good security and they are a trusted brand.
Blockfi is a good wallet with some nice features. There are no fees to buy from them. They have some of the best rates in the staking world. They have solid rates for Btc, Eth, Xrp and many more. They also have a good referral program to show your friends.
The most important thing to gain from this article is that you should probably buy a little Bitcoin before Paypal and Square buy it all. If you can stake your cryptocurrcey and keep stacking it up, you will find it’s a far better strategy than trading coins. You will make more by sitting in the long term chair.
Watching your cryptos multiply from compound interest.