[Case Study]: 17 most popular bitcoin investment sites in 2019

I have researched over the internet to find the trusted bitcoin investment sites and I have gathered a list of most popular bitcoin inv...

How to create an account on Coinbase?

Coinbase the giant bitcoin exchange site which has 500 employees.


A user can buy cryptocurrencies with a Credit card or bank transfer after signing up coinbase.


It is very easy to create an account on coinbase just like to buy products from an online store.


Coinbase User Graph





There is nothing to know in advance about bitcoin or cryptocurrencies to buy bitcoin from coinbase. I am showing you how to start with coinbase.




Coinbase Sign Up



Open your browser and go to Coinbase.com, the website will appear, now click on the “Get Started” button as in the picture, situated on the right side of your computer. 



coinbase_home_page
Coinbase Home Page




















Now a new window will appear.




If you want to invest as for your company you have to choose the “Business” and then “Institutional Investing “and if you want to accept cryptocurrencies for your e-commerce business then you have to sign up “Merchant Service”.




Follow the image..






Business or Merchant Account Creation Window



In general, for the individual investor, you need nothing to do. Just sign up using your details.




Individual Account Creation Window


Input your Real name and choose a password which is uppercase, lowercase, letter, and complex sign combination.



Must choose a password which is at least 8 characters long and would a complex one.



Now solve the captcha and tick on the User Agreement & Privacy Policy and press button “CREATE ACCOUNT”.



So you have created an account on coinbase.


Now it is time to verify it.


Sign in your mail account and an email has been sent to you to verify the email address that you have provided when you were signing up.






Open the email and click on the link and your email verified coinbase account has been created successfully.



You have not bought anything from coinbase yet.


If you want to buy bitcoin from it then it needs to go some further steps.


      1.  Phone Number Verification
      2. Address Verification
      3.Document Verification



How to verify Phone Number in Coinbase?



I think you have logged in coinbase, now click on the Setting and then Security and add your mobile phone number and click on the verify button.




Add Phone Number 






A message will be sent with a Code and input the code in the box that you will find there and now your phone number is now verified.  

Setting > Security




One important thing that is you must enable 2-factor authentication system. 





2 Step Verification for strong security


Every time when you log in an SMS will be sent to you and after input the SMS code an email will be also sent to your mail and you will be logged in clicking on the verification mail link.


You can skip this process for the next 30 days too. 



This is really a very good security system coinbase is using. So never forget your email password and always use a good email service.



How to verify the address in Coinbase?



Go to your Coinbase dashboard and click on the Setting and then My profile and fill up the form using your details.



Your real name, address, country etc. Please make sure you have input the details truthfully.



It is very important for you. You have to be honest with Coinbase when input your data.
Setting > My Profile



How to verify documents in Coinbase?



Coinbase provides its bitcoin exchange service 32 countries in the world and transaction to all over the world.



So if you are from the listed 32 countries then you would be requested to submit your documents like ID card, Passport, and Driving License etc.


Only Coinbase approved 32 countries people can buy cryptocurrencies from Coinbase.



To verify your documents just go to Setting and then Limits and there you will need to upload one of the documents you choose to verify with.



The next step is your ID verification with your device enabled webcam. A screen will appear, enable your camera, and hold your ID in your hand.


Hold it in such a way so that your face and ID can see clearly. Make sure your web camera produces a good quality photo.



It may take about one day to several days to complete your ID verification system because Coinbase does this manually.



A real human will check your details and then approve your account.

 


How to buy or withdraw money from Coinbase?


USA users of Coinbase can exchange bitcoin or cryptocurrencies for cash using PayPal and it also supports direct wire transfer, Credit or Debit master card.



The most popular and safe way to buy bitcoin is to add a bank account and transfer your money. 




PayPal hates bitcoin because bitcoin is its direct competitor so if PayPal find any fault it will seize your money and you will get in trouble.



So as much as possible please avoid it and there is another advantage you will get from bank transfer that is your transaction data is stored in your bank and you can collect it anytime from your bank if you have any problem with your bitcoin investment sites.





To add your Credit card, Debit master card or bank account you have to go to your Coinbase dashboard. 



There you will find the payment method and you have to select an option and have to add it there. 



Using your Credit card, Debit master card or PayPal you can buy bitcoin instantly but with your bank account it may take up to 2 days after linking it to the site.



How to increase Coinbase buying limits?


There is a limit on buying cryptocurrencies on a new account because to prevent money laundering. Coinbase limits for the new account is 300$ but there are three ways limits can be increased.



Completing Profile:- 

Complete your profile, fill up with all the necessary data, verifying phone number, submitting one document.


Be a regular buyer: -

active user all time get the more priority and regular buying will also increase the limits.


Get old: -

Coinbase removes limits from the older account.




How to get a 10$ reward for free?


If anyone joins in Coinbase and buy at least 100$ worth bitcoin will get a 10$ bonus. 



If you buy 100$ bitcoin then you will get 110$ worth bitcoin. This is really good for the user.




A user can invite friends to Coinbase and they can also get 10$ more if his or her invited friend deposit at least 100$.




Limitations Of Coinbase:-


Coinbase provide cryptocurrency exchange services to 32 countries in the world but it can send cryptocurrencies about 190 countries of the world.



Coinbase Service Proving Countries


So if you are not from its listed country you cannot buy or sell bitcoin from Coinbase.

[Case Study]: 17 most popular bitcoin investment sites in 2019



bitcoin_investment_sites_2019
I have researched over the internet to find the trusted bitcoin investment sites and I have gathered a list of most popular bitcoin investment sites here which people
claim as good and reliable. 

But I have found very few reliable, safe or trustworthy bitcoin sites in my research.

Here I am just sharing my experience and view with you.

You may accept my point of view or you may go for a long research.



Bitcoin or cryptocurrency is not considered as currency by any Banks or Government of any country. 



So there is no law to regulate bitcoin or cryptocurrency. Here win the cryptocurrency companies.


If a cryptocurrency company’s website is hacked or cryptocurrency is stolen from the user there is nothing to do of the user because there is no law, yes no law. 


Cryptocurrency is a quick rich scheme. 


So if you want to invest in cryptocurrency it will depend upon you because you are taking a high risk.


A very few countries feel that it is time to need regulate bitcoin or cryptocurrency.


UK considers bitcoin or cryptocurrency as digital asset and UK is providing Financial License to the bitcoin company.


I have found some bitcoin company who have various licenses.



Investing in bitcoin is risky but millions of people across the world are investing in bitcoin sites and gaining a good profit that may lure you to invest.


You must have to take a risk but if you choose the right site or the right company your risk may very low.


As I have researched many days on bitcoin and I follow 13 things before investing in a bitcoin site.



Below is the list of 17 popular bitcoin investment sites where people are investing their money without thinking anything.



    1.     Cex.IO

cex.io_bitcoin_investment_sitesIt is the most trusted bitcoin investment sites around the world.


It was established in 2013 in London, UK. It has a trade certificate, Certificate of incorporation, PCI DSS compliant, ICO certificate of registration (UK), FinCEN registration (USA). 


Because of the Bitcoin License, I trust this company most. It has all the services that you want. It has a wallet, buy and sell bitcoin and trading services. It is the best trustworthy website and company in cryptocurrencies market. 


It also has a PCI DSS certificate which confirms that the company demonstrates a required dimension of security handling and storing of card information.






    2.  Binance


Binance is a big bitcoin trading and exchanging company. Though it was established in 2017 in China the CEO of this company Changpeng Zhao founded a Fusion Company in 2005.


Now the headquarters of binace is in Taiwan. Because of the strict regulations of Japan and China, it has moved to Taiwan.


But now Binance intends to move to Jersey to grow its European impact, having accomplished a trade permit there and plans to include fiat currencies including the Euro and the British pound to its upheld financial forms.



     3. Bitfinex


Bitfinex is a private bitcoin exchange and trading company which was established in Hong Kong in 2012. It provides its service 52 countries around the world.


In 2015 about $72 million worth bitcoin was stolen from the company’s user’s account. CSO of this company has left the company in 2018.



     4.  Bitsamp


Bitsamp was established in 2013 in Slovenia as an alternative to Mt.Gox; the bitcoin trading giant which was hacked and now disappear from the internet.


Bitsamp now moved to the UK and got a license from the Luxemburg government as a full financial institution.

In January 2015, hackers preached bitsamp system and stole 19000 bitcoins.



     5.  BTC Markets


It is a good company for Australians but bad for its high bitcoin rate. When bitcoin price in other site is $5000 than in BTC Markets it is $5200. 


It has a two-factor authentication system and cold and hot wallet to secure user’s cryptocurrencies. It is a cryptocurrency exchange website.



6. ANX INTERNATIONAL


It is an old and biggest company in the blockchain and cryptocurrency market. It was founded in Hong Kong in 2014 and ANX International at first launched cryptocurrencies ATM.


It has also crypto debit card service. Justcoin, CoinMkt two cryptocurrency company was acquired by it. 


ANX International provides its service around the world except for 52 states of USA. Ken Lo is now the CEO of the company.




     7. Coinbase


Coinbase is the biggest and the biggest bitcoin exchange and trading platform which was established in Jun 2012 in California, USA by Brian Armstrong and Fred Ehrsam. 


Ben Reeves the co-founder of Blockchain info was the part of the coinbase. This is really a good company. But they don’t share their security system to the public. 


Coinbase is like what once Mt.Gox was. But in cryptocurrency or in digital asset it is most and most important that is security. We have learned that from Mt. Gox.


Coinbase is a private company. It has 13 billion users and its revenue is more than 1 billion USD. 


New York State Financial Department has given then BitLicense. Several banks of USA, Financial organization, reputed companies also invest in coinbase.






      8.Coincheck


Coincheck is a bitcoin exchange and wallet provider. It was established in 2014 in Tokyo, Japan.


In 2018 hacker stole $530 USD worth cryptocurrency and it was later acquired by Monex group.



     9.  Coinfloor


Coinfloor was founded in 2013 in London, UK. It is the first company to register as Bureau de change.


It is a private company with lots of features. This is really a good company.



     10. Gemini


Gemini Trust Company, LLC is a bitcoin exchange and trading company established in 2014 New York and is regulated by New York State Department of Financial Department.


It has a complex system for storing user bitcoin. It creates three parts of the user bitcoin or cryptocurrency and stores three parts in three places.


Gemini announces that it holds the first zcash bitcoin license. This is really a good website to invest money.


Gemini is competing with Kraken, Coinbase, Binance, Bitsamp. Gemini has more than 100 employees right now.



     11. Luno


Luno a bitcoin exchange and trading platform established in London, the UK in 2013 and it has won “Tech5” award for becoming UK’s fast-growing company.


The founder of this company, Timothy Stranex worked in Google map. Luno is a good company. 

It has 2 millions of user right now.



    12.   OKEX


OKEx is a big and big company with 675+ employees was established in 2011 in Hong Kong, China.


It is a bitcoin exchange and trading platform with lots of features.

It is the second largest cryptocurrency website around the globe.

Bitcoin Watch and coinmarketcap both are two major services of OKEx.



     13. Coinmama


Coinmama is a bitcoin exchange website. It has started its journey since 2013.


Coinmama is customer-centric, simple, integrity, innovative, result oriented good company around the world.


This is also a good trustworthy company. It a rapidly growing company.

It accepts credit card or debit card to buy bitcoin.





     14.    Paxful


Paxful is one of the biggest company which supports 300 (three hundred ways to buy or sell bitcoin) ways to buy or sell bitcoin.


This is really huge! Because of its 300 features, it is very popular and most crowded bitcoin investment sites around the world. 


If you want to buy 20$ bitcoin then you can buy it using an Amazon gift card, or Skrill or 298 ways. 


It has strong security system too. You will find three services in Paxful, buy or sell, trading and wallet. So you need not to transfer your bitcoin after buying it from here.


For instantly buying services it is also very popular. The buyer doesn’t have to wait. Just buy it within a second. 




     15. eToro

Etoro is also the biggest and biggest company in financial investment. It is mostly a forex trading platform and now it has also launched bitcoin exchange and trading services.


It is a reliable company because as a forex trader it is in the market since 2006 and since then no major problems have been found.


Like most other trusted bitcoin investment companies you can rely on it.

This is a reliable company.



     16. Kraken

Kraken is a bitcoin exchange website owned by Payward, Inc.

It was founded in 2011 in San Francisco, CA, USA. 

Jesse Powel was invited to Mt.Gox office when it was hacked and from then Jesse Powel decided to create a company replacement of Mt.Gox and he made it.

Kraken is one of the trusted bitcoin investment sites.



     17. Cubits

Cubits is also a good bitcoin investment site situated in the UK.

It is a multi-purpose company offering buying, selling, trading and storing bitcoin.

It was established in 2014 and is regulated by UK money laundering laws and regulations.

It is one of the fast-growing company in Europe.



Remarks:

If we consider the above 17 companies we see that only 4 companies have bitcoin license that means financial license.

So those 4 companies pay tax and include vat on your trading or transaction.

Security is the most important thing in this market. Mt. Gox disappear from the market because of its security.

Hackers have stolen all their bitcoin and user money too. Coinbase is now like Mt.Gox but I never tell you to invest in coinbase because it is the Mt. Gox of recent years and hackers target the big company and they are trying to breach its system.


You have a 51% chance to lose your money if you invest in common sites.

On the above list, we have also found some companies who are still in the market but their website was hacked and bitcoin was stolen.

But among the above 17 sites which are the best? 


In my deep research, I have found cex.io is the most secure and trusted among all the companies across the world.


Before investing in bitcoin website I judge the company in 13 ways and if I find most way positive then I call it a legit or trusted site