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Author: Admin | 2025-04-28
And now offer commission-free trades on stocks, as well as a robo-advisor with no annual fee. They also offer crypto investing, in 28 different cryptocurrencies, including Bitcoin, Ethereum, Dogecoin, and Cardano.The minimum investment for crypto trading is $10 and there’s a fee of up to 1.25% of the amount of crypto you purchase. However, they don’t offer an interest-bearing stablecoin or a debit card that will access your crypto balance.Webull works much the same way Robinhood does. It’s an investment trading app that allows you to trade stocks, options, and ETFs commission-free. But you can also trade 25 different cryptos, with more being added all the time.Webull does not charge a fee to trade crypto, but they do have a 100-basis point spread on both the purchase and sale of crypto. The minimum investment for cryptocurrency is just $1. But be aware that they don’t offer an interest-bearing stablecoin, nor do they provide a debit card to access your balance.Comparison of Cryptocurrency Investment PlatformsPlatformFeaturesFeesCoinbase• 70+ Cryptos, $2 Minimum Investment • Visa Debit Card, Digital Wallet• Fees: $0.99 Flat Fee or 0.05% to 4.00%Kraken• 50+ Cryptocurrencies, 5X Leverage • No Debit Card, Cold Wallet Needed• Maker/Taker Fees: 0% to 0.26%eToro• 27 Cryptos, Copy Trading, Virtual Trading Account• Fees: 0.75% to 5.0%Gemini• Regulated by NY State • 40+ Cryptocurrencies, No Minimum Investment• Fees: $0.99 Flat Fee or 0.03% to 3.99%Robinhood• Commission-Free Stock, Options, and ETF Trades • 7 Cryptocurrencies, Basis Point Spread• No Crypto Transfers, Needs a Digital WalletSoFi Invest• Commission-Free Stock Trades, Robo-Advisor • 28 Cryptocurrencies• Fees: Up to 1.25%Webull• Commission-Free Stock, Options, and ETF Trades • 25 Cryptocurrencies, 100-Basis Point Spread• No Stablecoin or Debit CardHow to Store BitcoinWhether you plan to invest in Bitcoin or use it for making purchases, you’ll need a place to store your crypto. These are typically referred to as digital wallets.Digital wallets come in different forms, but their main purpose is to enable you to store and even transfer your crypto. In fact, certain types of digital wallets even allow you to take physical possession of your crypto.Whatever type of wallet you choose to store your Bitcoin, it will come with a wallet address code. That’s a very long alphanumeric code that might have 30 or 40 characters. You’ll need to have a way to privately store that code since it is the only way you’ll be able to access your wallet. If even one number or letter is missing or incorrect in the code sequence, your transaction will be denied—or worse—it will go to the wrong party.You’ll need to come up with a way to store your wallet address code somewhere you can get to it quickly, but where no one else will think to look.Let’s dive into the different types of digital wallets that are available.Hot WalletsThese are sometimes referred to as software wallets because they require no special equipment. They’re offered by cloud providers, and often by cryptocurrency exchanges. In other words, they’re available to be accessed online at any time
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