If you like buying and trading cryptocurrencies, odds are you also have your hands in the stonk [stock] markets as well. But, you’ve probably realized that not every investment platform offers the ability to purchase cryptocurrency assets as well as trade stocks. Fortunately for you, we’re highlighting three of the best platforms where you can manage your stock portfolio and purchase cryptocurrencies all in one place.
- “Commission-Free” Trading ✅
- Sophisticated Trading Tools ✅
- Options Trading ✅
- Cryptocurrency Trading ✅
- Does not support sending/receiving cryptocurrency assets, not a wallet ❌
- Save for retirement with Webull Traditional, Roth or Rollover IRA. ✅
What Cryptocurrencies can you buy on WeBull?: Bitcoin (BTC), Dogecoin (DOGE), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), ZEC (ZEC), Cardano (ADA) and XLM (XLM)
- “Commission Free” Stock Trading ✅
- SoFi will charge a markup of up to 1.25% on crypto transactions. ❌
- No Trading Tools ❌
- No Options Trading ❌
- Cryptocurrency Trading ✅
- Does not support sending/receiving cryptocurrency assets, not a wallet ❌
- Supports Traditional and Roth IRA Rollovers ✅
What cryptocurrencies can you buy on SoFi?: SoFi offers the most options when it comes to cryptocurrency purchases when compared to Robinhood or WeBull ✅: Algorand (ALGO) Aave (AAVE) Basic Attention Token (BAT) Bitcoin (BTC) Bitcoin Cash (BCH) Chainlink (LINK) Cardano (ADA) Compound (COMP) Cosmos (ATOM) Dogecoin (DOGE) Ethereum (ETH) Ethereum Classic (ETC) Filecoin (FIL) Litecoin (LTC) Maker (MKR) Stellar (XLM)
Synthetix (SNX) Tezos (XTZ) The Graph (GRT) Uniswap (UNI) Yearn.finance (YFI
- “Commission-Free” Trading ✅
- Simple Trading Tools ✅
- Options Trading ✅
- Cryptocurrency Trading ✅
- Does not support sending/receiving cryptocurrency assets, not a wallet ❌
- Does not offer Traditional or Roth IRA ❌
What cryptocurrencies can you buy on Robinhood?: Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin SV (BSV), Dogecoin (DOGE), Ethereum (ETH), Ethereum Classic, (ETC)Litecoin (LTC).
Which platform is the best?
While it is convenient to trade both stocks and crypto in a single platform, it’s important to keep in mind that with all of these platforms, you do not have the ability to send/receive any of these cryptocurrency assets as you would if you were to hold them in a wallet such as Metamask. If that is not a big deal to you, then all of these platforms offer great solutions to give you the ability to get some asset exposure to cryptocurrencies. If you want to be able to hold, receive, and send cryptocurrency as you please – then you’d be better off purchasing through cryptocurrency exchanges such as Coinbase, Binance.US, Gemini, Kraken, or Voyager – but you own’t be able to trade stocks on the same platform… *yet*!.
