How to Invest in Cryptocurrency 2022 for Beginners
If you’re aiming to purchase cryptocurrency for the first time, you will certainly be getting into a new and current trading room that has gone beyond a market value of $1 trillion.
In this novice’s overview, we’ll teach you everything you need to know about investing in cryptocurrency. Key topics include how to choose a safe and low-priced cryptocurrency exchange, picking the best electronic money for your portfolio, and also the actions called for to invest in less than five minutes.
How to Buy Cryptocurrency for Beginners—4 Easy Steps
In just four simple steps—you can buy cryptocurrency by means of a regulated online broker in under five minutes. Best of all, when utilizing eToro for this function, you can immediately pay for your cryptocurrency financial investment in United States dollars without paying any purchase costs.
Here’s a quick-fire introduction to how to buy cryptocurrency at eToro:
Action 1–Open an Account with eToro: Opening up an account with eToro is very simple as it’s simply a matter of providing the broker with some individual information. You’ll likewise need to post a duplicate of your ID for anti-money laundering purposes.
Action 2–Deposit: You only need to deposit $10 into eToro when you initially open an account and no transaction fees are charged (US clients only). Choose from ACH, a debit or credit card, an e-wallet, or extra.
Step 3–Search for Cryptocurrency: Now that you have a funded account, make use of the search bar to discover the cryptocurrency that you intend to buy. If you’re unsure which electronic property takes your fancy, click the ‘Discover’ switch to search the 60 digital currencies supported by eToro.
Tip 4–Invest in Cryptocurrency: After clicking “Profession,” you will see an order box appear on your display. Enter your investment stake in the ‘Quantity’ box and click ‘Open Trade’ to buy your picked cryptocurrency.
Novice traders could appreciate our more detailed guide on just how to buy cryptocurrency—which you will discover by scrolling down.
Where to Invest in Cryptocurrency?
There are over 100+ exchanges and brokers in the on the internet room that allow you to purchase cryptocurrency. When considering where to buy cryptocurrency, we would certainly suggest selecting a company that is regulated to guarantee that you can invest in security.
It’s likewise a great idea to pick a system that supplies low fees, as well as, of course, support for your preferred cryptocurrencies. In the areas listed below, you will certainly discover reviews of where to purchase cryptocurrency possessions safely as well as in a low-cost way.
1. eToro–Overall Best Place to Buy Cryptocurrency.
eToro was introduced in 2007 and the platform is home to a wide range of asset classes, making it a fantastic alternative to discover exactly how to generate income with cryptocurrency. In addition to cryptocurrencies, this covers everything from ETFs as well as index funds to foreign exchange and products.
You will certainly have access to 60+ cryptocurrencies here—each one of which can be purchased for a minimal investment of $10. This implies you’ll have access to the best shitcoins such as Dogecoin, Shiba Inu, and ApeCoin. In addition, you’ll have the ability to access the next cryptocurrencies that could blow up in 2022.
This is perfect if you’re looking to check out crypto properties for the first time as well as you do not intend to risk excessive cash. At a minimal trade size of $10, you can buy pricey cryptocurrencies like Bitcoin as well as Ethereum—both of which are now worth hundreds of dollars per token.
When it comes to costs, eToro enables United States clients to deposit USD on a fee-free basis. This holds true regardless of which deposit kind you pick. Choices right here include ACH, e-wallets like Paypal and Neteller, online banking, and debit/credit cards. Trading compensation when you get cryptocurrency expense is simply 1%—which is built right into the cost that you see when you put an order. By doing this, you can purchase Bitcoin and also various other cryptos with a charge card from the convenience of your very own home.
Exposure to cryptocurrency
If you are interested in obtaining direct exposure to cryptocurrency but you don’t recognize which symbols to include in your portfolio, eToro uses a duo of easy trading devices. Initially, there are properly taken care of wise portfolios, which enable you to diversify more than a lot of digital money with a solitary financial investment. eToro is always adding new cryptocurrencies to its portfolio, so you can obtain direct exposure to the very best cryptos that might take off in 2022. One such amazing new crypto task is Contour. For more information, make certain to read our how to purchase Curve guide also.
You could additionally consider a duplicate trading device. This allows you to mirror the cryptocurrency investments of a tested trader like-for-like. The minimal financial investment risk with duplicate trading is just $200. We additionally found that eToro offers one of the most effective crypto wallets for newbies. This is because when you get cryptocurrency here, the tokens are protected in your eToro web pocketbook.
Conversely, for more control and flexibility over your cryptocurrencies, the eToro pocketbook application can be downloaded to your iOS or Android smart device. Lastly, we must keep in mind that eToro is perhaps the best crypto exchange on the market for full newbies, as both its site and mobile application are super easy to use.
The number of cryptocurrencies is 60, and the trading commission is 1% plus the market spread.Debit Card FeeFREEMinimum Deposit of $10.
What We Like.
- greatly controlled
- Super low trading charges
- No down payment costs.
- It supports dozens of coins, consisting of Tron as well as Zcash.
- Use a debit or credit card, an e-wallet, or a financial institution transfer to make a down payment.
- Replicate trading tools.
2. Webull-Buy Crypto With Just $1.
There is no more a need to run the risk of large amounts of money when you buy crypto-specifically when you have an account with a broker like Webull. Put simply, this premier brokerage site allows you to buy and sell cryptocurrency starting at just $1 per trade.
And also, best of all, you will not be required to make a minimal deposit when you open up an account. Therefore, this suggests that you can deposit $1 to get a feel for just how the cryptocurrency system at Webull functions. With that said, however, it’s ideal to make use of ACH when transferring funds right here as no transaction costs are billed.
Domestic bank cables, however, are billed at $8 per deal. Nevertheless, another significant benefit of choosing Webull to invest in crypto is that you will not pay any compensation. Bid-ask market spreads start at 1% right here, so do bear that in mind when calculating your financial investment prices.
If you are searching for a cryptocurrency broker that also enables you to purchase conventional possessions, Webull also offers supplies, ETFs, and options. These economic instruments can additionally be dealt on a commission-free basis, plus the market spread. Lastly, Webull uses retirement accounts across various individual retirement accounts; however, no copy trading devices are offered.
Various Cryptocurrencies20+ Trading Commission Compensation of 0% plus market spreadMinimum Deposit: Debit Card FeeACH and financial institution cables only There is no required minimum deposit.
What We Like:
- Broker with 0% commission
- The minimum order size is just $1.
- real-time market data as well as charting features.
- Two-factor authentication is offered.
- benefit when completing your first crypto trade.
3. Binance-Reduced Charge Exchange to Buy 600+ Cryptocurrencies.
Binance is the biggest cryptocurrency exchange in the world. In support of that claim, the exchange provides a residential version of its website that is only available to customers in the United States. And, compared to the 600+ cryptocurrencies organized on the primary Binance website, the United States version of this exchange supports 80+ markets.
Nonetheless, as soon as you have opened a verified account right here as well as made a down payment, you can trade cryptocurrencies at a fee of simply 0.10% per slide. Furthermore, when funding your Binance account using ACH or a residential bank account, you won’t be billed any deal costs.
On the other hand, depositing with a debit or charge card is pricey right now, with Binance billing 4.5%. Furthermore, this is in addition to an immediate buy charge of 0.5%. When it pertains to trading devices, this is where Binance attracts attention. This is since you can evaluate the cryptocurrency markets via top-level technological indicators as well as charting functions.
Nonetheless, these tools won’t be suitable for newbies, so do bear this in mind before you open an account with Binance. Another preferred function used by Binance is its Count on Pocketbook application, which allows you to keep thousands of different symbols across several blockchains. For an easier means of storing your crypto investments, you can use the primary Binance internet purse.
Trading Commission for 80+ CryptosMinimum Deposit Up to 0.10% Debit Card Fee4.5% plus an immediate buy charge of 0.5%on the payment technique.
What We Like:
- 80+ cryptocurrencies are available for trading.
- low trading compensation.
- Committed laying service provides individuals with access to the most effective laying coins.
- ideal for investors in technology
4. Coinbase-Top Exchange for First-Time Cryptocurrency Investors
The Coinbase website itself offers a rather simplistic service, which will likely interest new capitalists. There is no complicated jargon at Coinbase, and when you buy cryptocurrency, you will be guided through the procedure step by step.
Coinbase is a heavily controlled exchange that is now detailed on the NASDAQ as a tradable supply. We like that the system keeps 98% of customer funds in cold storage and that all accounts have to have two-factor authentication set up. In conclusion, Coinbase is among the safest cryptocurrency systems in this market.
Coinbase, on the other hand, charges some of the highest fees we’ve found.As an example, when you buy cryptocurrency here, you will certainly pay a standard commission of 1.49%. This 1.49% compensation will be billed once more when you close a setting. Although ACH settlements can be made fee-free, debit/credit card transactions are charged at 3.99%.
This does, however, include your trading commission. Nonetheless, less costly fees are most certainly available somewhere else. If you do make a decision to utilize Coinbase to buy cryptocurrency, after that you have a number of alternatives when it comes to storage space. This includes a committed budget application that enables you to handle your private keys.
a wide range of cryptocurrencies50+ trading commissions1.49% Debit Card Fee3.99% Minimum DepositIt depends on the repayment method.
What We Like:
- user-friendly mobile app interface.
- can acquire crypto by making use of credit/debit cards as well as PayPal.
- wonderful instructional material.
- Two-factor verification.
5. Gemini-Safe and also regulated exchange to buy cryptocurrency.
In several ways, Gemini uses an extremely similar solution to that of the formerly talked about Coinbase. This is because, just like Coinbase, Gemini offers a simple interface that makes the process of purchasing cryptocurrency easy—even for beginners. Moreover, Gemini is a heavily regulated exchange.
This consists of a permit with the New York State Department of Financial Services (NYSDFS)—so you ought to have no issues pertaining to safety and security. Nevertheless, much like Coinbase, Gemini is among the most expensive cryptocurrency exchanges on the market. For example, you will pay a common commission of 1.49% per slide for any kind of cryptocurrency financial investment above $200.
If you trade less than $200, you will certainly pay a flat cost, depending on the dimension of the investment. Either way, this will certainly exercise more than 1,49% in portion terms. An additional point to keep in mind regarding the rate structure at Gemini is that although debit and bank card payments are sustained, this will certainly set you back 3.49% of the acquisition quantity.
This is why it’s best to down payment funds using a wire transfer at Gemini, which is free of charge. In terms of supported markets, Gemini is home to 75+ leading cryptocurrencies. This consists of everything from Bitcoin, Ethereum, and also Litecoin, to Chainlink, Zcash, and Bitcoin Cash money. Ultimately, Gemini additionally offers an earning device that allows you to generate interest on your crypto investments.
Number of Cryptocurrencies75+ Trading Commission 1.49% Debit Card Fee 3.49% Minimum Depositon the payment method.
What We Like:
- strong regulatory framework.
- institutional-grade protection.
- 75+ cryptocurrencies were sustained.
- gain a device that allows you to generate interest
- Cryptocurrency Investment Explained.
Granted, the underlying blockchain innovation that sustains cryptocurrencies like Bitcoin and also Ethereum can appear somewhat intricate at first glance. However, in terms of investing in cryptocurrency, the process is no different from buying stocks.
That is to say, the overarching principle when you invest in cryptocurrency is that you will make money if the value of the token rises. As well as, much like stocks, this is based on demand as well as supply.
This means that as a growing number of people purchase a certain cryptocurrency, its value will certainly increase. To highlight just how easy the cryptocurrency financial investment process is, we’ll make use of purchasing Binance Coin as a prime example:
Assume you decide to invest $3,000 in BNB right away. When you position your order at your selected cryptocurrency exchange, BNB is valued at $390 per token.
You decide to hold on to your BNB symbols for two years. Two years have passed, and BNB is now trading at $1,050 per token. This means that since you invested, the value of BNB has increased by 169%.
Based on the above example, if you were to cash out your BNB spent when the token was valuing at $1,050, your 169% gains would certainly total up to a complete return of $8,070. As such, on your original investment of $3,000, you made a profit of $5,070.
Interestingly, although returns of this magnitude may appear high-take into consideration that given that BNB was releasing in 2017, it has actually enhanced in value by more than 10,000%.
An additional wonderful way to buy cryptocurrency is by using the most effective method to earn video games such as Silks and The Sandbox.
Is Cryptocurrency a Great Financial Investment?
Like all property classes, there is no assurance that you will certainly generate income from a cryptocurrency investment. Moreover, it is very important to keep in mind that cryptocurrencies are unstable and speculative.
Consequently, before you decide to invest in cryptocurrency, it is essential to take into consideration both the benefits and risks.
Should I buy cryptocurrency? The Benefits of Crypto Investing
In this area, we will speak about several of the reasons why so many investors in the United States are now turning to cryptocurrencies to make long-lasting economic gains.
There are thousands of cryptocurrency tokens to choose from. Primarily, we like the fact that there are now countless cryptocurrency tasks out there.
And as such, in a similar vein to the thousands of stocks listed on the NYSE as well as NASDAQ, you make certain to locate a cryptocurrency that aligns with your monetary objectives.
For example, if you’re just looking to dip your toes into cryptocurrency for the very first time, after that you might choose to stick to well-known and large-cap tasks like Bitcoin and Ethereum.
In comparison to lower-cap tokens, these cryptocurrency projects are much less volatile, albeit the upside capacity may be a lot more restricted.
On the other hand, you could consider investing in less established cryptocurrencies with a lower market capitalization. These symbols will appeal to capitalists that have a greater risk tolerance and also dream of targeting greater earnings margins.
Cryptocurrencies Smash Through Stock Market Gains
While cryptocurrencies are inherently risker than traditional stocks, the former continues to generate significantly higher gains.
For instance, over the prior five years, the S&P 500 has increased by 94%. Moreover, the NASDAQ Composite has returned 144% over the same period. In comparison, consider that over the past five years, Bitcoin has increased by more than 3,600%. Bitcoin isn’t the best-performing cryptocurrency though, as many other tokens in this marketplace have generated even higher growth levels.
For example, Ethereum has increased in value by over 7,000% during the same period, while as noted earlier, BNB is up 10,000%. If you own some ETH and are wondering how to spend Ethereum in 2022, you can read our comprehensive guide to find out everything you need to know about spending cryptocurrency right now.
When you look at some of the best Metaverse coins in the market – gains are even more impressive. For example, Decentraland and its MANA token have grown by over 25,000% since launch.
Major Companies are Engaging With Cryptocurrency
Some of the biggest and most dominant companies globally are now engaging with cryptocurrency – which once again, proves beyond doubt that this industry is here to stay in the long run.
For example, Tesla – which is one of the largest companies globally with a market capitalization of over$1 trillion, invested $1.5 billion from its balance sheet in late 2020 into Bitcoin. Then you have companies like Overstock, Paypal, Microsoft, and Starbucks – all of which allow you to spend Bitcoin on their respective products and services.
Cryptocurrency can Yield Capital Gains and Regular Income
Another major reason that is leading to more and more people investing in cryptocurrency is that digital assets now allow you to make money on two fronts.
First, as noted earlier, you will make a profit from your cryptocurrency investment if the value of the token increases in the open marketplace.
However, what you can also do is deposit your digital tokens into crypto savings accounts to earn passive income. For example, if you were to deposit your Bitcoin into Aqua – you would earn 7% interest annually.
This can be achieved without you needing to sell your cryptocurrencies. Meaning – that while your tokens are stored in a crypto interest account, you will still make money if the token rises in value.
Cryptocurrency is Still a New Concept
On the one hand, cryptocurrency has achieved legitimacy in many ways – especially when you consider the vast number of established companies and brands that are now engaged in this space.
However, it is also important to remember that the world’s first cryptocurrency – Bitcoin, was only launched in 2009. Moreover, some of the largest cryptocurrency projects in this space are even younger.
For example, Cardano and Solana were only launched in 2017.
Avalanche and Shiba Inu – both of which carry a multi-billion dollar market capitalization, were launched as recently as 2020.
You then have Lucky Block – which is one of the most successful cryptocurrencies this year – was launched in early 2022. And all in all, it is far from too late to invest in cryptocurrency – as the broader marketplace is still in its infancy.
What are the Risks of Investing in Cryptocurrency?
It is all good and well to focus on the many benefits that you can take advantage of when you invest in cryptocurrency. However, seasoned traders will always consider the risks of an asset class before proceeding with an investment.
And as such, in the bullet points outlined below, we take a closer look at some of the main risks to consider when you invest in cryptocurrency.
Speculative: Many investments in the cryptocurrency markets are highly speculative. This means that the overarching focus is on short-term price increases as opposed to long-term value.
Volatile: A direct result of the speculative nature of cryptocurrencies is that this marketplace can be extremely volatile. Moreover, the smaller the market capitalization that a cryptocurrency has, the more volatile it becomes.
Rug Pulls: The term ‘rug pull’ refers to a cryptocurrency project that was creating with the sole intention of scamming investors. A recent example of this was Squid Coin, which resulted in investors losing millions of dollars.
Hacks: Another risk to consider before you invest in cryptocurrency is that hackers will often favor this asset class. The biggest threat in this respect is if your wallet is remotely hacking – your entire balance can stole in a matter of seconds.
There are many things that you can do to reduce the risks of losing money from a cryptocurrency investment. This includes diversifying well, across lots of different projects, and doing in-depth research before parting with any money.
Moreover, to ensure your cryptocurrency tokens remain secure – consider using a heavily regulated broker like eToro.
The Best Cryptocurrency to Invest in 2022
Although it’s great that you have thousands of digital tokens to choose from, knowing which cryptocurrency to invest in can be a cumbersome and challenging process.
With that said, if this is your first time investing in cryptocurrency – you might want to consider some of the solid projects discussed below.
Bitcoin
It will likely come as no surprise to learn that Bitcoin is the best cryptocurrency to invest in 2022 if this is your first time entering the market. Bitcoin is the world’s first and still de-facto cryptocurrency – and thus – it has the longest track record in this space.
Excluding stable coins like Tether, Bitcoin also attracts the largest trading volumes. Moreover, Bitcoin carries the largest market capitalization of any cryptocurrency – so in theory, it is one of the least volatile to own.
XRP
Another cryptocurrency that has an established track record in this space is XRP. Launched in 2012, XRP is the native cryptocurrency of the Ripple blockchain.
This project provides banks and large financial institutions with technology that can execute cross-border transactions. Unlike traditional systems, Ripple and XRP permit cheap and near-instant transfers – regardless of the currencies involved. If you’re like the majority of crypto-enthusiasts, you can learn more about how XRP’s market price could perform in the foreseeable future by reading our XRP price prediction analysis now.
BNB
Founded in 2017, although BNB is younger than its Bitcoin and XRP counterparts, it’s still one of the best cryptocurrencies to invest in today. This digital currency is backing by Binance, the world’s largest exchange.
BNB is a top-five cryptocurrency for market capitalization. And it is the primary token using on the Binance Smart Chain, which is home to thousands of projects. BNB is also using by traders to reduce Binance exchange commissions by 25%.
Ethereum
Ethereum was launched in 2015 and since then. Its native ETH token has increased in value by over 28,000%. The Ethereum blockchain allows developers to deploy smart contracts and decentralized applications (DApps).
Crucially, not only is Ethereum the second-largest cryptocurrency for market capitalization, but it is the preferred blockchain protocol for lots of other successful projects. This includes Basic Attention Token, Uniswap, Axie Infinity, Maker, and more.
Lucky Block
Lucky Block was launching as recently as January 2022 and thus – it’s one of the best new cryptocurrency to invest in. The project is building a decentralized ecosystem that will allow players from all over the world to access lottery games. LBLOCK has also been dubbing as one of the most undervalued cryptos in 2022.
All games are executing by smart contracts – meaning that there is no involvement from conventional state-backing franchises. Moreover, all lottery games are guarantying fairness and transparency by the blockchain protocol.
Note: The above cryptocurrencies have selected by the author of this guide. And as such, you should do your own due diligence and in-depth research before risking any money.
Best Penny Cryptocurrency to Invest in 2022
If you come across the term ‘penny cryptocurrency’, this simply refers to digital tokens that trade for less than $1. As such you can explore the cheapest options via our best cryptos under $1 guide.
Crucially, it is important to remember that just because a cryptocurrency is cheap. This doesn’t mean that you are taking on enhanced risk. After all, the value of a cryptocurrency is determining by the number of tokens in circulation. And its current market price.
For example, as of writing, XRP is trading at just $0.86 per token, albeit. It carries a market capitalization of over $40 billion.
On the other hand, Yearn. Finance has a market capitalization of less than $1 billion even though as of writing. A single token would cost you more than $23,000.
Nevertheless, if you’re specifically looking for the best penny cryptocurrency to invest in 2022. Because you wish to own a large number of tokens – consider the projects outlined below:
The Graph: Provides blockchain projects with indexing capabilities. This means that blockchains can separate and prioritize data. In turn, blockchains can avoid becoming overloaded with information.
Dogecoin: Ever wondered if Dogecoin is a good investment in 2022? As one of the best meme coins on the market, this speculative cryptocurrency is favoring by Tesla’s CEO Elon Musk. Over the prior five years, Dogecoin has returned investors with gains of over 800%.
Stellar: Although Stellar was launching in 2014, this penny cryptocurrency has never surpassed a value of $1. Its underlying blockchain offers speedy transactions at a fee of near-zero. Notable partnerships include IBM and MoneyGram.
DeFi Coin: With a 24-hour trading volume of nearly $60k many traders are looking to buy DeFi Coin right now.
Once again, conduct your own due diligence before investing in penny cryptocurrencies.
Investing in Cryptocurrency vs Trading Cryptocurrency
The terms ‘investing’ and ‘trading’ are typically using interchangeably in the cryptocurrency industry. However, just like in the stocks and shares scene, these two terms refer to different strategies.
For example, in the case of cryptocurrency investing:
When you invest in a cryptocurrency, you typically do so with a long-term vision in mind. Hence why so many investors look for the best long term crypto investments on the market.
This means that at a minimum, you will likely hold onto your tokens for at least one year. Cryptocurrency investing requires little input from you after having bought your chosen tokens.
And, when you trade cryptocurrency:
Cryptocurrency trading is typically viewing as a shorter-term strategy. This means that you might buy a cryptocurrency and cash out within the next few weeks or months. This is also referring to as crypto day trading.
In some cases, traders will open and close a position within one day. Crucially, cryptocurrency trading requires active participation in terms of research and technical analysis.
As a newbie in this industry, it’s best to stick with a long-term approach to cryptocurrency. This means that you will look to choose solid projects that offer a viable long-term outlook and thus. You will have little interest in shorter-term volatility.
Is it Safe to Invest in Cryptocurrency?
In a nutshell – it is very safe to invest in cryptocurrency in the US. However, as we covered earlier, there are still several risks. And that you need to take into account to ensure that your investments remain safe and secure at all times.
At the forefront of this is ensuring that you only invest in cryptocurrency with an online broker. And that is regulating to offer US clients digital asset services.
For example, when you use eToro, you can sure that your capital and digital tokens are in safe hands. As this brokerage firm is regulating by multiple tier-one bodies. Webull, Coinbase, and Gemini also have a strong regulatory standing in the US.
Moreover, when it comes to wallet security, this is another area where eToro excels. This is because when you invest in cryptocurrency through this broker. Your digital tokens are kept safe by the platform’s in-house wallet, which is bound by institutional-grade security controls.
And if you’re a beginner, keeping your cryptocurrency investments in your eToro web wallet. It will most definitely appeal, as you don’t need to have any knowledge of private keys or remote hacking defenses.
How to Invest in Cryptocurrency – Tutorial
This beginner’s guide on how to invest in cryptocurrency in the US will now conclude with a detailed walkthrough. How to purchase your first-ever digital asset.
The steps below will show you how to open an account with eToro, deposit US dollars fee-free. And subsequently invest in your chosen cryptocurrency from a stake of just $10.
First, open an eToro account – which you can do by clicking ‘Join Now’ on the official website. Enter your personal information and contact details when prompted, alongside a username. You also need to verify your email address.
Crypto assets are a highly volatile unregulated investment product. No UK or EU investor protection. To get yourself verified near-instantly, you will need to upload some ID. If you’re based in the US, this can be a valid passport, driver’s license, or state ID card.
Step 2: Deposit Funds
Deposits at eToro can execute instantly when you choose from a debit or credit card, or an e-wallet. The latter is inclusive of Neteller and Paypal. No fees are charging on US dollar deposits and the minimum for first-time customers from the US is just $10.
Step 3: Choose Which Cryptocurrency to Invest in 2022
If your eToro account is funding, you can now decide which cryptocurrency to invest in eToro lists 60 digital currencies. And so click on ‘Discover’ to see what markets are supporting. Alternatively, you can use the search bar at the top of the page. If you already know which cryptocurrency to invest in. In our example above, we are searching for BNB.
Step 4: Invest in Cryptocurrency
You need to click on the ‘Trade’ button next to your preferred cryptocurrency – which will load an order form. Here, you need to type in the amount of money you wish to invest. You can stake any amount from just $10 at eToro. To invest in cryptocurrency right now – click on the ‘Open Trade’ button.
Conclusion
To invest in cryptocurrency right now – the process takes just five minutes from start to finish. You should, however, ensure that you do plenty of research. So that you can decide on which cryptocurrency to invest in. You should also remember that digital currencies are volatile, so consider the risks involved before proceeding.
Ultimately, eToro offers the overall best place to invest in cryptocurrency in the US. For its industry-leading fee structure, support for 60 digital assets, and the ability to deposit.