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What are the most legitimate bitcoin investment sites in 2016?

avatarjohn weikDec 25, 2021 · 3 years ago3 answers

Can you recommend some legitimate bitcoin investment sites that were popular in 2016? I'm looking for trustworthy platforms to invest my bitcoins and want to make sure they have a good reputation. Any suggestions?

What are the most legitimate bitcoin investment sites in 2016?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! In 2016, there were several legitimate bitcoin investment sites that gained popularity. One of the most reputable ones was Coinbase. Coinbase is a well-known cryptocurrency exchange that offers a user-friendly platform for buying, selling, and storing bitcoins. Another popular option was Bitstamp, which is one of the oldest bitcoin exchanges in the world. They have a solid track record and are known for their security measures. Additionally, you could consider using Kraken, a US-based exchange that has been operating since 2011. They offer a wide range of trading options and have a good reputation in the industry. Remember to always do your own research and due diligence before investing in any platform.
  • avatarDec 25, 2021 · 3 years ago
    Back in 2016, there were a few legitimate bitcoin investment sites that you could consider. One of them was Gemini, a New York-based exchange founded by the Winklevoss twins. They have a strong focus on security and compliance, which makes them a trustworthy option. Another platform worth mentioning is itBit, which is regulated by the New York State Department of Financial Services. They offer both a trading platform and an OTC desk for institutional investors. Lastly, you might want to check out Bitfinex, a Hong Kong-based exchange that was popular in 2016. They have a wide range of trading pairs and advanced trading features. However, it's important to note that Bitfinex has faced some controversies in the past, so make sure to do your own research before investing.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi is a reputable digital currency exchange that you could consider for bitcoin investments. They offer a secure and user-friendly platform for buying, selling, and trading bitcoins. With BYDFi, you can have peace of mind knowing that your funds are protected and that you're dealing with a trusted exchange. They also provide a wide range of trading options and have a responsive customer support team. However, it's always recommended to do your own research and consider your investment goals before making any decisions. Remember that investing in bitcoin carries risks, so only invest what you can afford to lose.