Below is a list of the Top 10 websites to Sell Bitcoin. The College Investor is compensated by the companies whose bitcoin offerings appear on this site. This compensation may have an impact on the way and where things display on our site (including, for example, the order in which they appear). The College Investor does not cover all bitcoin exchanges or all cryptocurrency transactions currently available on the market.
1. Coinbase.
Coinbase is by far the most popular and one of the best cryptocurrency exchanges from Top 10 websites to Sell Bitcoin. since it allows you to invest directly in US dollars. You may buy Bitcoin, Ethereum, and Litecoin, as well as more than 30 other currencies and tokens, on the site. Participating in different activities can potentially earn you interest in your USDT and token awards.
Pros
• The most user-friendly interface
• An extensive range of tokens and currencies to invest in
• A high degree of safety and reliability
Cons
• Expensive unless you use Coinbase Pro
• User has no control over private keys in the wallet
• Popular new cryptocurrencies are slow to catch on
2. Voyager
Voyager is a popular site to invest in bitcoin because it was one of the first publicly listed exchanges. They operate through an app and offer a commission-free trading environment. Voyager accepts the majority of major cryptocurrencies, provides outstanding client service and interaction, and offers competitive asset interest rates.
Pros
• User-friendly app-based interface
• Commission-free trading structure
• Voyager offers competitive interest rates
Cons
• Withdrawals take a long time (up to a day)
• Not accessible in New York (yet)
3. BlockFi
BlockFi is a bitcoin investment platform that allows you to lend and earn interest on your Bitcoin. Instead of selling your coins and tokens, you might borrow against them. You may leave your tokens to develop interest on their own if you just want to keep them.
Pros:
• There are no commissions or fees;
• It is based in the United States and is regulated;
• You may earn a lot of money on your deposits
Cons
• Limited free withdrawals
• Doesn't support a lot of tokens and cryptocurrencies
4. Uphold
Uphold makes it simple to trade many assets by allowing you to create a single account and trade several assets without having to resort to cash. If you've ever traded cryptocurrencies, you know that many currencies and tokens only trade in certain pairs, so you're always coming back to BTC or ETH.
Pros
• Easy-to-understand pricing structure
• A wide range of crypto tokens and even stocks, including prominent ones like XRP
• Apps for both PC and mobile
Cons
• Some reports of bad customer service
• Not at all easy to use like others on this list
5. Kraken
Kraken is a cryptocurrency trading platform that offers a wide choice of currencies and tokens to trade and invests in. You may also trade on margin with them. However, it is a legitimate exchange that is not as user-friendly as some of the other top platforms on this list.
Kraken is one of the few platforms on this list that allows you to trade DOGE and other, perhaps riskier, tokens.
Pros
• One of the oldest cryptocurrency exchanges
• High degree of security and trust
• Wide range of cryptocurrency and tokens to trade
Cons
• it is one of the most hard platforms to use
• Difficulty with 2FA
• Some customer service complaints
6. eToro
eToro has long been available in the UK and Europe, but it is now available to traders in the United States. They provide a wide range of digital assets to buy and sell on their platform, as well as a free trial trading account to try it out before investing real money.
Pros
• Cryptocurrency trading possibilities are available all around the world.
• Low minimums to start
Cons
• Doesn't accept as many tokens and currencies as other platforms on our list
• Limited options in the United States
• Only available in 41 states
7. Bitcoin IRA
The other sites on this list aren't like Bitcoin IRA. You're effectively swapping cash and must pay taxes on your gains, unlike other exchanges and wallets (learn how taxes on your cryptocurrencies work here).
As a consequence, Bitcoin IRA combines the best of both worlds: a cryptocurrency wallet and trading, as well as an individual retirement account. This means that any money you put into the account is either tax-free or tax-deferred.
Pros
• Invest in cryptocurrencies through your IRA
• Earn money on your cryptocurrency through your IRA
• High-security alternatives
Cons
• Exorbitant fees
• Exorbitant minimums
• Supports fewer tokens and currencies than the other platforms on this list.
8. Crypto.com
Crypto.com is one of the most well-known and fastest-growing cryptocurrency exchanges. It is based in Hong Kong, but it offers a great deal of assistance to consumers in the United States.
You may now select from over 90 tokens and coins from across the world, as well as 50 tokens and coins from the United States. Furthermore, their cryptocurrency savings accounts provide excellent rates.
The fact that it is currently only available as an app rather than a desktop platform is a significant drawback.
Pros
• A large number of currencies and tokens are supported
• Weekly interest is remunerated on crypto savings
• You may receive a debit card connected to your account
Cons
• Fee structure is complicated;
• There is no desktop help; only app-based support is accessible
• Customer service is limited.
9. Binance
This is an excellent method to get started with cryptocurrencies like Cardano or Neo. They feature one of the most extensive trading platforms accessible, despite not being as user-friendly as some of the other sites on this list. They have a respectable mobile app, but it isn't as user-friendly as the desktop version, and it has disappointed us. Binance is an excellent place to begin.
Pros
• Large number of supported currencies and tokens
• Quick transaction times
• Low costs
Cons
• Limited alternatives in the United States compared to the rest of the globe
• Not available in all 50 states
• Limited customer service
10. Hodlnaut
Check out Hodlnaut if you're seeking a cryptocurrency trading option. Hodlnaut is a cryptocurrency-based savings and lending company that focuses on Bitcoin and a number of stablecoins.
Using their platform's saving and lending options, you may earn up to 7.46 percent on your bitcoin and up to 12.73 percent on your USDC right now.
Pros
• Pays a high rate of interest on holdings
• Has no minimum balance restrictions
• Gives you $20 for depositing $1,000
Cons
• Support is situated in Singapore and may be slow to react.
• Only BTC, ETH, DAI, USDC, and USDT are supported.
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