For those who believe in long-term crypto investing and want to ride the cryptocurrency wave, buying cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Stellar Lumens (XLM), and Ripple (XRP) are cheaper than you think.
Although cryptos are priced very high on some exchanges, many of the most reputed exchanges, such as Coinbase and Kraken, offer a variety of cryptocurrencies at much lower prices.
Today, we’ll look at the best sites to buy cryptocurrencies in 2022.
Best Sites to Buy Cryptocurrencies
While there are many ways to make money with cryptocurrencies, one of the most popular (and most accessible) is to buy them. We have created a list of the best sites to buy Cryptocurrencies.
1. Coinbase and Coinbase Pro
The first and foremost on our list of best sites to buy cryptocurrencies is Coinbase and its associated exchange, Coinbase Pro (GDAX). With an average trading volume of $204.4Million per day, they have been around since 2012 and offer a simple user interface for newbies who want to enter the cryptocurrency world.
The exchange has its headquarters in San Francisco, California. However, it also offers its services in most major countries across the globe.
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2. Bisq
Bisq is an open-source desktop multi-asset wallet with built-in access to decentralized exchanges like Waves DEX and BarterDEX and local Bitcoin exchanges like Wall of Coins and Bisq. And, because it doesn’t hold any fiat (and only a small amount of BTC ), it’s much more secure than exchanges like Coinbase and Binance.
Another critical factor is that Bisq allows P2P crypto to crypto trading in many altcoins, including Zcash (ZEC), Litecoin (LTC), Monero (XMR), and Namecoin (NMC).
3. Binance
Binance is a fast-growing digital currency exchange that was launched in 2017. It is one of the top 10 cryptocurrency exchanges by trading volume, sitting comfortably at number eight on CoinMarketCap with $51.6 million of the daily trading volume.
The platform has its headquarters in Hong Kong and can be considered one of the easiest ways to buy cryptocurrencies easily. It offers an intuitive interface, advanced trading features, secure infrastructure, and regular cryptocurrency giveaways for Binance users.
4. eToro
eToro has been around since 2010 and provides a platform for traders to check the latest charts on their preferred coins before making any trades.
Like Coinbase and Binance, eToro offers a simple user interface for cryptocurrency beginners with features such as technical analysis tools and customizable charts to explore the market in detail before making any trade.
5. Voyager
Voyager is an all-in-one global investment platform that simultaneously helps you invest in traditional financial assets and digital currency.
The platform allows you to trade traditional markets like forex, stocks, commodities, metals, and CFDs while also trading cryptocurrency markets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Ripple (XRP). You can buy cryptos using fiat, credit card, or even by depositing cryptos you already own.
6. BlockFi
BlockFi is a new startup working since 2017. It is one of the best sites to buy cryptocurrencies that allow you to take out a loan backed by Bitcoin or Ethereum in USD.
They offer two significant products:
- Negotiable loan for BTC/ETH/LTC – Upto 12% returns on investment
- Interest paid in USD, Zcash, or Bitcoin
- No Credit Checks
- Instant Access to Funds
7. Uphold
Uphold is a platform that allows users to purchase cryptocurrencies with their debit or credit cards. It serves 184 countries worldwide and is currently available in 30 states and the U.S. Virgin Islands, Puerto Rico, Hong Kong, Singapore, and the United Kingdom.
8. Kraken
Kraken is a digital currency exchange that offers Bitcoin, Bitcoin Cash, Ethereum, Monero, and other digital assets. It was founded in 2011 by Jesse Powell, who now serves as the CEO of Kraken after its complete acquisition in 2018.
Kraken is well known to be one of the world’s largest Bitcoin exchanges. Like most cryptocurrency exchanges today, it has its headquarters in San Francisco, California.
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9. Crypto.com
Crypto.com is a Singapore-based startup that provides blockchain solutions for consumers worldwide to accelerate the adoption of cryptocurrencies and blockchain technology worldwide by developing products that make accessing and using cryptocurrencies easier for both retail users and merchants alike.
With an average trading volume of $11Million per day, they have been around since 2016. It is one of the best sites to buy cryptocurrencies currently operating in 2022.
10. Hodlnaut
HodlNaut is a community for cryptocurrency investors and traders looking to buy and sell coins and tokens. The website is owned by the Gate coin team, a leading regulated blockchain assets exchange based in Hong Kong, with an average trading volume of $22.4 Million per day.
The site works like a social media platform where users can post their buying and selling requests and contact interested parties through Discord or Telegram messenger chats.
Conclusion
Cryptocurrencies are gaining traction in the public eye, but buying them can still be a daunting task for many. However, the main obstacle is easily overcome by using the above 10 best sites to buy cryptocurrencies. These are the best places to purchase cryptos so far in 2022.
Of course, you will need to provide your details, including your phone number and ID verification.
FAQs
Can You Buy Cryptocurrencies On Etrade?
Etrade does not currently allow the direct purchase of cryptocurrencies using its platform. However, they offer their users a way to buy Bitcoin futures contracts.
How Do You Buy Cryptocurrencies?
To buy cryptocurrencies directly, you must either use a cryptocurrency exchange or find someone willing to sell their coins.
Is It Good To Buy Crypto?
Yes, but make sure you thoroughly research and read all the terms and conditions before committing to any platform. Make sure you also have a strategy and a focused goal for your investment.
Do You Buy Cryptocurrency With Real Money?
Yes, you can buy cryptocurrencies with real money. Except for Bitcoin, all the other top 10 cryptocurrencies on Coinmarketcap are available for real cash exchanges.
