What is a good Bitcoin company to start a small investment in the USA?

What is a good Bitcoin company to start a small investment in the USA?

Reynard    

Bitcoin invest­ment sites, also known as exchanges or “onramps,” are an impor­tant part of the industry. Onramps provide an easy way for people to buy and sell Bitcoin with their local currency.

In the last year, we’ve seen a new class of trusted onramps that focus specif­i­cally on Bitcoin, the largest and most reputable cryptocur­rency.



These “Bitcoin-only” onramps repre­sent a notice­able change from past ICO-mania where question­able exchanges exploded onto the scene. Many of these oppor­tunistic Bitcoin invest­ment sites have since been hacked, become insol­vent, or shut down for a myriad of other reasons.

To exchange Ethereum, visit: bitcoin to euro

Top 6 Best Bitcoin Investment Sites

Here’s a list of the top Bitcoin invest­ment websites that are “Bitcoin-only” and currently avail­able in 2020.

1. River Financial (USA)

River is focused on finan­cial services for Bitcoin holders. Similar to a Fidelity brokerage account but for Bitcoin. River is looking to differ­en­tiate by offering users access to more advanced Bitcoin technolo­gies including Partially Signed Bitcoin Trans­ac­tions (PSBTs), native multi-sig, and a language called Script Descrip­tors. Being Bitcoin-only enables more resources to be allocated to native Bitcoin features.

Why such limited avail­ability? As a brokerage, River must apply for a Money Trans­mitter License in the US which is done on a state by state basis. The team has invested heavily in this area and they plan on contin­u­ally rolling out new states over time.

2. Cash App (USA)

Cash App is an iOS/Android app that offers a Venmo/PayPal experi­ence as well as offering users to buy stocks and Bitcoin. It was created by Square/Twitter which makes it one of the most trusted Bitcoin invest­ment sites. Not to mention, Cash App is one of the most popular finan­cial apps in the app store.

Cash App has a great UX and buying Bitcoin is very fast on it. Square is the first publicly-traded company to sell Bitcoin. Jack Dorsey, CEO of Square/Twitter, is very bullish on Bitcoin-only.

3. Swan Bitcoin

Swan is Bitcoin investing made easy. Connect any major US bank account, set an amount, and Swan’s weekly, paycheck, or monthly savings options steadily convert your dollars to Bitcoin savings. Swan buys more when the price goes down and less when the price goes up.

Swan’s goal is to be the easiest and most user-friendly way to acquire Bitcoin. The team is also focused on educating Bitcoiners of all experi­ence levels. Swan’s mission is to onboard the next million Bitcoin users.

4. Amber (Australia)

Amber is currently only avail­able in Australia with plans to expand to Europe soon.

About Amber: Amber is an app focused on making easy recur­ring buys of Bitcoin. Currently avail­able for both Android and iOS. Amber focuses on clean design and providing a simple way to acquire Bitcoin.

5. Bull Bitcoin (Canada)

Bull Bitcoin is a fixed rate Bitcoin exchange that enables Canadians to buy, sell, and spend Bitcoins online. Bull Bitcoin is run by self-proclaimed Cypher­punks and Bitcoin Maximal­ists and it shows. As one of the top bitcoin invest­ment sites, they focus on privacy, security, and enabling users to maintain full custody of their Bitcoin.

The Bull Bitcoin team also devel­oped Cyphernode.io which is a modular Bitcoin full-node microser­vices API server archi­tec­ture and utili­ties toolkit to build scalable, secure apps/services without reliance on trusted third parties.

6. Coinfloor (UK)

Coinfloor is the longest-running Bitcoin invest­ment site in the UK. They started by offering many different cryptocur­ren­cies and then later realized that it was a better business decision to focus on Bitcoin only. In early 2020 they removed support for all assets besides Bitcoin.

Inter­est­ingly, Coinfloor is the only exchange in the world to provide Bitcoin audits (aka Proof of Reserves) which makes them one the most trusted bitcoin sites. According to the Coinfloor websites, their services are specif­i­cally designed to serve corpo­rate and insti­tu­tional investors, sophis­ti­cated investors and profes­sional traders. The minimum deposit was recently reduced from $1,300 to $300. Coinfloor supports just two trading pairs, BTC/GBP and BTC/EUR.


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