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How to Make Money with Bitcoin in 2026 – The Definitive Guide

Last updated: March 11, 20262 Comments

bitcoin make money

Bitcoin hit an all-time high above $106,000 in late 2024 and pushed past $123,000 by mid-2025. Even after a significant pullback in early 2026, it remains one of the highest-performing assets of the last decade. If you’re looking for ways to get exposure — or to put existing holdings to work — there are more options available now than ever before.

This guide covers everything from the simplest approach (just buying and holding) to more sophisticated tools like futures, options, spot ETFs, and automated trading strategies. I’ve also updated the sections on lending and Bitcoin mining to reflect what’s actually happened since the 2022 crisis and the April 2024 halving.

If you’re interested in gaining exposure to the world’s largest cryptocurrency, you can do it through direct ownership, CFDs, futures, options, or now — regulated spot ETFs available through your regular brokerage account. Read on.

How the Price of Bitcoin Works

It doesn’t matter which financial instrument you choose — whether that’s buying Bitcoin outright and storing it in a private wallet or trading CFDs. Your ability to profit comes down to one thing: the market price of Bitcoin.

Bitcoin price Coinmarketcap

Bitcoin’s price is determined by supply and demand, just like any other asset. When buyers outnumber sellers, the price rises. When sellers dominate, it falls. Bitcoin is also capped at 21 million coins — a hard supply limit built into its code — which underpins its long-term scarcity argument.

  • If market sentiment is positive, more buyers than sellers push the price up.
  • If sentiment weakens and sellers take over, the price drops.

Bitcoin trades 24/7, on every day of the year. Its price moves constantly and can be highly volatile in the short term — which creates both opportunity and risk depending on your approach.

Buying Bitcoin: The Simple Buy-and-Hold Strategy

Before we get into more complex instruments, the most popular approach remains the simplest: buy Bitcoin and hold it. If the price rises above what you paid, you sell at a profit.

Here’s a simple example using realistic 2026 figures:

  • You invest $2,000 into Bitcoin
  • Bitcoin is priced at $65,000 at the time of purchase
  • You hold for two years
  • Bitcoin has risen to $120,000 when you sell
  • That’s an increase of roughly 85%
  • Your $2,000 investment is now worth approximately $3,700

This is the classic buy-and-hold strategy — known in crypto circles as HODLing. The goal is to ride out short-term volatility and benefit from long-term appreciation. Historical data consistently shows that investors who held Bitcoin for four or more years have always come out in profit.

Dollar-Cost Averaging (DCA)

Rather than putting everything in at once, many investors use dollar-cost averaging — buying a fixed amount at regular intervals regardless of the price. This reduces the impact of timing the market.

The data backs this up. A $10 weekly DCA from 2019 through 2024 grew $2,620 into roughly $7,913 — a 202% return, outperforming both gold and the Dow Jones over the same period. Even investors who started buying at the 2017 peak ($19,500) are up around 400% today.

Most exchanges — including Coinbase — offer recurring buy features that automate this for you.

Where to Buy Bitcoin

The easiest and most cost-effective way to buy Bitcoin is through a reputable exchange. Coinbase remains one of the go-to options. You can fund your account via bank transfer (SEPA, SWIFT) at minimal cost, with trading commissions around 0.26%. Coinbase has been operating for over 12 years and is publicly listed on the Nasdaq — one of the stronger trust signals in a space where many platforms have come and gone.

Binance is another solid choice. It’s the largest exchange by volume, supports hundreds of trading pairs, and charges 0.1% on trades. You can read my full Binance review here.

Once you’ve bought, think carefully about storage. Bitcoin held on an exchange is technically in the platform’s custody — not yours. For meaningful amounts, consider a hardware wallet like Trezor or Ledger Nano. The collapses of FTX, Celsius, and others in 2022 were harsh reminders of counterparty risk. Self-custody is not paranoia — it’s prudent.

Bitcoin Spot ETFs: The Institutional Onramp

One of the biggest developments in Bitcoin’s history came in January 2024, when the SEC approved the first US Bitcoin spot ETFs. This was a watershed moment: for the first time, everyday investors could get direct exposure to Bitcoin through a regular brokerage account — no crypto exchange, no wallet, no custody to manage.

BlackRock’s iShares Bitcoin Trust (IBIT) quickly became the standout product. It hit $100 billion AUM in just 435 days — shattering the previous record of 2,011 days held by Vanguard’s VOO. IBIT attracted over $25 billion in net inflows in 2025 alone and has surpassed 800,000 BTC in assets under management.

By early 2026, total spot Bitcoin ETF assets represent roughly 6.3% of Bitcoin’s entire market capitalization — a sign of just how much institutional money has entered the space.

Who Should Use a Bitcoin ETF?

Spot ETFs make the most sense for investors who:

  • Want Bitcoin exposure through tax-advantaged accounts (401k, IRA, ISA)
  • Prefer dealing with a regulated product through their existing broker
  • Don’t want the responsibility of managing private keys or wallets
  • Are investing on behalf of institutions or pension funds

The trade-off is that you don’t hold the actual Bitcoin — you hold shares in a fund that holds it. You also pay an annual management fee (typically 0.12%–0.25% depending on the provider). For long-term holders who want pure price exposure without self-custody, this is a very clean solution.

The major ETF providers include BlackRock (IBIT), Fidelity (FBTC), Ark/21Shares (ARKB), and several others. You can buy and sell them like any stock on a US brokerage.

Trading Bitcoin CFDs

If you want to trade Bitcoin actively rather than hold it, Bitcoin CFDs let you speculate on price movements without taking ownership of the underlying asset.

CFDs (contracts-for-difference) track the current market price of Bitcoin. The two main advantages over outright buying are leverage and the ability to short-sell.

trade bitcoin CFDs at eToro

Leverage

CFDs give you access to leverage — the ability to control a position larger than your account balance. For example, with 1:2 leverage, a $500 stake controls a $1,000 position.

  • You stake $1,000 on a Bitcoin CFD buy order
  • You apply leverage of 1:2
  • Bitcoin rises 3% — your profit is $60 instead of $30

Regulated brokers serving European and UK retail clients cap Bitcoin CFD leverage at 1:2. That limit exists for good reason — leverage amplifies losses just as effectively as gains. If your leveraged trade moves against you by 50%, you lose your entire stake.

Note: US citizens cannot trade CFDs. Americans looking for leveraged Bitcoin trading typically use regulated futures products instead.

Short-Selling

Bitcoin CFDs also allow you to go short — betting that the price will fall. If you believe Bitcoin is overvalued at $65,000 and it drops to $55,000, a short position lets you profit from that move.

  • Bitcoin is priced at $65,000
  • You place a $1,000 sell order via a CFD broker
  • Bitcoin falls to $55,000 — a drop of roughly 15%
  • Your $1,000 stake nets you $150 in profit

What to Know Before Trading Bitcoin CFDs

CFDs are short-term instruments. You pay overnight financing fees for each day a position stays open, which makes them uneconomical to hold for weeks or months. They’re best suited to active traders who open and close positions within days.

CFDs are also complex and heavily regulated. The industry has protections in place — segregated client funds, negative balance protection — but they don’t eliminate the risk of loss.

Read my full guide on CFD trading here.

Buying Bitcoin on Margin

Leverage and margin refer to the same underlying concept — trading with more than you have — but through different mechanisms.

  • Leverage is expressed as a multiple (e.g., 1:2 means you trade twice your stake).
  • Margin is the minimum deposit required to open a position (e.g., 10% margin means a $1,000 deposit controls a $10,000 trade).

Some exchanges offer margin trading outside the CFD framework. Coinbase has expanded its futures offering significantly — its regulated futures product (CFTC-overseen) now provides access to over 20 futures contracts with leverage options available to qualified US traders.

Be aware: the mechanics of margin trading mirror CFDs closely. You’ll pay ongoing fees for holding positions, and liquidation is a real risk if the market moves against you.

Trade on Coinbase

Bitcoin Derivatives

Derivatives are financial contracts whose value is based on the price of an underlying asset — in this case, Bitcoin. They allow you to take sophisticated positions on price direction and timing.

Bitcoin Futures

Bitcoin futures have been available on the CME since late 2017 and have grown substantially since. They allow you to agree today on a price at which you’ll buy or sell Bitcoin at a future date.

Each futures market has an expiry date (usually quarterly) and a strike price — the price the market expects Bitcoin to reach. You don’t need to hold the contract to expiry; you can offload it on the secondary market as the value moves.

kraken Bitcoin futures trading platform

Here’s a simplified example with current price levels:

  • Bitcoin is currently priced at $65,000
  • A 3-month futures contract has a strike price of $72,000
  • You buy 10 contracts at 0.1 BTC each — total exposure of $65,000
  • Two months later, Bitcoin is at $80,000 — $8,000 above the strike price
  • You offload the contracts, locking in your gains

CME Bitcoin futures are primarily for institutional traders due to contract size minimums. For retail access, Coinbase offers various futures types — perpetual, monthly, quarterly, and semiannual — with a minimum contract size of $1. Leverage up to 1:50 is available on some products, though using high leverage requires careful risk management.

Bitcoin Options

Options give you the right — but not the obligation — to buy or sell Bitcoin at a set price by a specific date. Unlike futures, if the trade goes against you, you can simply let the contract expire and your maximum loss is the premium you paid.

Example of a Bitcoin Options Trade

  • Bitcoin is priced at $65,000
  • You buy 3-month call options with a $75,000 strike price
  • The premium is $3,000 per contract
  • You buy 5 contracts — total outlay is $15,000
  • Two months in, Bitcoin is at $90,000 — $15,000 above the strike
  • Each contract made $15,000 gross; subtract the $3,000 premium — $12,000 net per contract
  • Total profit: $60,000 across 5 contracts

If Bitcoin had fallen below $75,000 and stayed there, you’d simply let the contracts expire. Your loss is capped at the $15,000 in premiums — nothing more.

Where to Trade Bitcoin Options

For US readers: The CME now offers regulated Bitcoin options alongside its futures products. This is the safest regulated route for American traders.

For everyone else: Deribit remains the dominant platform for Bitcoin options globally, with deep liquidity and a wide range of strike prices and durations. Fees are 0.0003 BTC per contract.

Read more about Deribit in my review of this platform.

Automated Bitcoin Trading

Automated trading bots place buy and sell orders on your behalf based on pre-set rules or strategies. They’ve been a fixture of the forex world for years and have found a natural home in crypto, which trades around the clock.

The appeal is obvious: consistent strategy execution without emotional decision-making, running 24/7. The reality is more nuanced. A bot is only as good as the strategy behind it, and the market can behave in ways no backtested model accounts for.

You have two main routes:

MT4-Based Bots

MetaTrader 4 (MT4) is the most widely used third-party trading platform in the CFD and forex world. You can install automated trading scripts (Expert Advisors) that connect to a Bitcoin CFD broker and execute trades on your behalf.

MT4 bitcoin trading

There are hundreds of MT4 bots available — most making claims they can’t substantiate. Treat any provider promising guaranteed returns with skepticism.

Specialist Automated Bitcoin Platforms

Read more: The best crypto trading bots

These are dedicated platforms where you either build your own bot or purchase a pre-built strategy from a marketplace. You then connect the bot to your preferred exchange.

Cryptohopper

Cryptohopper lets you build trading bots using a drag-and-drop interface — no coding required. You define the conditions under which the bot buys and sells, or you can purchase pre-built strategies from their marketplace.

cryptohopper automated trading

Backtesting is built in, which lets you stress-test your strategy against historical price data before going live. Cryptohopper integrates with Binance, Coinbase, Bitfinex, KuCoin, Poloniex, and others. Plans range from a basic free tier to a top-tier plan supporting up to 500 positions across 75 cryptocurrencies.

Sign up to Cryptohopper

HaasOnline

haasonline

HaasOnline is a desktop-based platform aimed at more experienced users. If you can code, you can fully customize the bot logic. If not, you can still use the pre-built bot templates and adjust parameters to suit your risk tolerance. Like Cryptohopper, it connects to most major exchanges.

Sign up to HaasOnline

Bitcoin Lending: What Changed After 2022

Crypto lending was one of the fastest-growing sectors in the industry — until 2022, when it became one of the most cautionary tales in finance. Celsius froze $4.7 billion in customer funds before declaring bankruptcy. BlockFi froze $1.2 billion before doing the same. These weren’t fringe operators — they were among the most-promoted platforms in the space.

The collapse of those platforms fundamentally changed how the surviving players operate and how investors should evaluate them.

What Remains Available

Lending platforms that survived the 2022 crisis did so by operating more conservatively: over-collateralized loans, third-party custody, independent audits, and cleaner balance sheets.

The two platforms I’m most comfortable recommending in 2026 are:

  • Nexo — returned to the US market in April 2025. Uses real-time reserve attestation from an independent auditor, with custody through Ledger Vault and Fireblocks. Nexo holds roughly 11% of total centralized lending market share.
  • YouHodler — Switzerland-based fintech, licensed as a VASP in Switzerland, Italy, Spain, and Argentina. Still offers up to 90% LTV on Bitcoin-backed loans. Read my review.

Earning Interest on Your Bitcoin

The core mechanism of crypto lending remains the same. You deposit Bitcoin into a platform, which lends it out to borrowers who must put up their own crypto as collateral. You earn interest in return.

Here’s a basic example:

  • You have 0.5 BTC sitting in a wallet earning nothing
  • You deposit it into a lending platform
  • The platform lends it out to over-collateralized borrowers
  • You earn annual interest, paid in BTC
  • When you’re ready to exit, you withdraw your principal plus interest

The key point: your interest accrues in Bitcoin, not dollars. If the price of Bitcoin rises significantly while your coins are deposited, you benefit from both the appreciation and the interest income.

Borrowing Against Your Bitcoin

You can also flip the model — use your Bitcoin as collateral to borrow fiat currency or stablecoins, without selling your BTC. This is useful if you need liquidity but don’t want to trigger a taxable sale.

youhodler crypto loans

For example, at YouHodler you can deposit $10,000 worth of Bitcoin and borrow up to $9,000 in USDT, Euros, or US dollars against it. You keep your BTC exposure and get immediate liquidity.

The risk: if Bitcoin’s price drops sharply, your loan-to-value ratio increases and the platform may issue a margin call or liquidate part of your collateral. Understand the terms before committing.

One important note: the interest rates on crypto-backed loans are typically higher than traditional secured loans. Run the numbers carefully. If you’re paying 10% annually to borrow while Bitcoin appreciates at, say, 20%, the strategy works in your favor. If Bitcoin stagnates or drops, you’re paying interest while your collateral shrinks.

A Note on Risk

The events of 2022 should be treated as a permanent reference point for anyone considering crypto lending. Even platforms with strong reputations can face liquidity crises when markets turn sharply. Keep a portion of any lending position at a platform with strong reserve verification, and never deposit funds you can’t afford to be locked up for an extended period.

Bitcoin Mining in 2026

Mining remains one of the more capital-intensive ways to gain exposure to Bitcoin — and the economics shifted significantly after the April 2024 halving, which cut block rewards from 6.25 BTC to 3.125 BTC per block.

The network hashrate has continued to hit new all-time highs, briefly crossing 1 ZH/s (1,000 EH/s) in early 2026. More competition means each miner earns less per unit of computing power deployed.

Who Can Profitably Mine Bitcoin in 2026?

The honest answer is: large-scale professional operations with access to cheap electricity and modern hardware. Home mining on a general-purpose GPU is no longer economically viable for Bitcoin. Profitable mining in 2026 requires:

  • Latest-generation ASIC hardware (Antminer S21 Pro or equivalent)
  • Electricity costs below $0.05 per kWh — ideally lower
  • Efficient cooling and reliable infrastructure
  • Scale — the fixed overhead is only worth it above a certain threshold

At current difficulty levels and with Bitcoin trading in the $65,000–$85,000 range, the ROI on new mining hardware is around 1,000 days. That means most new rigs won’t recoup their cost before the next halving in 2028 — unless the Bitcoin price rises meaningfully in the interim.

For individual investors, the most practical way to get mining exposure without running hardware yourself is through cloud mining services or by investing in publicly listed mining companies like Marathon Digital or Riot Platforms.

The Regulatory Picture: MiCA for European Investors

If you’re based in Europe, the regulatory landscape changed substantially when the EU’s Markets in Crypto-Assets (MiCA) regulation came fully into force in December 2024, with full CASPs licensing enforcement ramping through 2025 and a hard deadline of July 1, 2026 for all providers.

What this means in practice:

  • Any crypto exchange or platform operating in the EU must now hold a MiCA license or a national equivalent
  • Platforms without authorization must stop offering services in the EU by mid-2026
  • Major jurisdictions like Germany, France, and the Netherlands report over 90% compliance among crypto firms as of Q1 2025
  • Platforms that are MiCA-compliant are subject to capital requirements, custody rules, and KYC/AML obligations — adding a meaningful layer of consumer protection

For investors, MiCA is broadly positive. It filters out lower-quality operators, mandates transparent disclosures, and creates a framework for consumer recourse. Bitcoin itself represents 48% of total trading volume on regulated EU exchanges.

Summary: Which Approach Suits You?

There’s no single right way to make money with Bitcoin. The best method depends on your time horizon, risk tolerance, and how involved you want to be.

  • Long-term hold (HODLing or DCA): The simplest approach with the best historical track record for retail investors. Low effort, but you need the discipline to ride out significant drawdowns.
  • Bitcoin spot ETF: Ideal if you want Bitcoin exposure through a regulated product in a traditional brokerage or retirement account. No self-custody required.
  • CFDs or margin trading: For active traders comfortable with leverage and short-term positions. Higher potential returns, but real risk of significant losses.
  • Futures and options: Sophisticated instruments with defined risk profiles. Options in particular are worth understanding if you want to limit downside while maintaining upside exposure.
  • Automated bots: Worth exploring if you want to take emotion out of trading and have time to set up and monitor a strategy properly.
  • Crypto lending: A way to earn yield on idle Bitcoin holdings. Now viable again through surviving, audited platforms — but always with awareness of counterparty risk.
  • Mining: Only realistic for well-capitalized operations with access to cheap power. For most individuals, not the right entry point.

Whatever route you take, Bitcoin remains a volatile asset. Position sizing matters. Don’t allocate more than you’re comfortable seeing temporarily cut in half — because historically, that’s always been on the table.

Filed under: Cryptoassets, Money

Koinly Review – Automatic Tax Reports for Your Crypto Transactions

Last updated: April 26, 20231 Comment

koinly review 2021

Today, the cryptocurrency industry is full of diverse financial products that come in all shapes and sizes. If you are an avid crypto enthusiast, you might be actively using multiple digital wallets across different crypto platforms and exchanges.

As such, it can be quite cumbersome to keep abreast with your crypto portfolio at all times.

However, as with all financial holdings – it is crucial that you have a clear idea of what crypto assets you own. This is where crypto tax software provider Koinly aims to help

In this review, I explore what Koinly is, its different features, and how you can make the most of this platform to simplify your crypto tax proceedings.

Track your cryptos with Koinly

Koinly – An Overview

Investing in cryptocurrency does give you the opportunity to target above-average market returns. However, like any other tradable asset, this will also add to your financial liabilities. In other words, depending on where you live – you might be required to pay taxes on any earnings you make on crypto transactions. Unless you live in a crypto-friendly nation, that is.

Understanding your crypto tax obligations can be a bit tricky. This is especially true in today’s context, when the rules and regulations concerning cryptocurrencies seem to be changing every other month.

Therefore, it is paramount that you have resources in place to stay on top of your crypto tax obligations.  This is where Koinly comes in. The platform can automatically compile your trades, measure your capital gains, and, most importantly, create reports for your tax purposes.

Put simply, it can help you save a significant amount of time by helping you work out the taxes linked with your crypto activities. What’s more, it can even point out if you can potentially save some money.

[Read more…]

Filed under: Cryptoassets, Money

How to Buy Bitcoin and Cryptos Through Your Regular Stock Broker

Last updated: October 25, 20242 Comments

Over time, we are seeing crypto become more and more mainstream, and this also means more ways for investors to gain exposure to cryptos like Bitcoin, Ethereum and Solana.

One of my favorite ways to buy into the crypto scene is to use ETPs like ETFs, ETNs and ETCs, depending on what’s available and what I’m looking for. I’ll be defining these shortly and the differences between them.

Throughout this article, I will be referring to Bitcoin tracker products, but everything applies to trackers of other cryptos as well.

Why Buy a Bitcoin Tracker?

For a myriad of reasons that I’ve previously discussed on this blog, you might not want or be able to buy Bitcoin and crypto from a crypto exchange – wiring fiat currencies and then trading that money for cryptos such as Bitcoin and Ethereum.

Let’s say you want to buy Bitcoin, but you don’t want to sign up to a crypto exchange and buy (and store) the cryptocurrency directly.

Or perhaps your bank prevents you from transferring fiat currencies to the well-known exchanges, effectively blocking you from doing what you want to do with your money. That’s a discussion for another article, although I think that this ridiculous situation with banks is just temporary and will not be an issue in a few years’ time at max.

So what are your alternatives?

One way is to buy Bitcoin in a peer-to-peer fashion, using Hodl Hodl. However, this is not an ideal way to proceed if you want to buy substantial amounts (say €10,000 or more in Bitcoin).

Thankfully, there is now a very easy way to get crypto exposure, using traditional stockbrokers. Banks won’t hassle you, as from their perspective, you are just transferring money to a regular stockbroker.

In the case of an eventual sale, and subsequent withdrawal of fiat into your bank account, their reasoning is the same. It’s your regular stockbroker, no foul play suspected, compliance boxes checked, all good to go.

What about big hedge funds and institutions? According to research done in 2021, institutional investors in Europe prefer exchange-traded instruments over buying crypto directly. Over half (53%) use ETPs to access bitcoin, while about a quarter (23%) use structured products and only one in five (21%) use direct investment.

To recap on why you would want to buy crypto through a stockbroker:

  • Your bank/s refusing to allow transfers to/from crypto exchanges
  • Not trusting yourself in being able to self-custody your cryptos
  • Buying through a company – audits and accounting becomes complex when trading through exchanges.
  • You’re an institutional investor

All are very valid reasons for being unwilling or unable to use crypto exchanges like Coinbase and Binance to buy cryptos.

The alternative lies in using your regular stockbroker to buy into crypto funds.

It’s time for some definitions.

The global term for all these products is Exchange-Traded Products (ETPs). There are several types of ETPs, like:

  • exchange-traded funds (ETFs)
  • exchange-traded notes (ETNs)
  • exchange-traded cryptocurrencies (ETCs)

When you start looking for crypto products you can buy on stock exchanges, things can get quite confusing. In Europe, when you see products listed as ETPs, the legal structure is actually an ETN. You will also find ETFs and ETCs, but ETNs are definitely the most common.

Bitcoin and crypto ETFs are not yet available in Europe and the U.S., although they are available in Canada and Brazil.

When compared to the U.S. however, Europe offers much easier access to crypto products through ETPs – this is done through ETNs, and ETCs to a lesser extent. These ETPs offer exposure to the cryptocurrency market without the concerns of custody or owning the underlying asset. By investing through an ETP, investors can benefit from institutional-class custody, simplified trading through a standard brokerage account, greater liquidity, and transparent trading.

Unlike ETFs which are considered investment funds, ETNs and ETCs are structured as an unsecured debt, meaning that the issuer – usually a bank – can potentially not be able to repay the principal and default the bond.

So, once you login to your favorite broker, you need to find these funds and simply buy their stock. Some of the most famous ones (and their country of domicile) are the following:

  • BTCetc – Physical Bitcoin ETC – Germany
  • WisdomTree Bitcoin ETP (BTCW SW) – Jersey
  • 21Shares Bitcoin ETP (ABTC SW) – Switzerland
  • VanEck Vectors Bitcoin ETN – Liechenstein

The BTCetc Physical Bitcoin ETC from HanETF is an exchange-traded cryptocurrency (ETC) that tracks the price of Bitcoin. This ETF company coined the term exchange-traded cryptocurrency (usually the term ETC refers to exchange-traded commodity) and comes with the extra benefit that you can convert and withdraw to actual Bitcoin whenever you want, subject to some fees. This is the biggest European Bitcoin fund by a significant margin, signifying that investors are attracted by the convertibility offered by this setup. It also has the highest TER at 2.0% p.a. You can find it traded on several countries’ exchanges, giving you the flexibility to invest in EUR, USD or CHF. From my understanding, this ETC is identical to an ETN save from the ability to convert to Bitcoin on demand. Custody is provided by BitGO.

The 21Shares Bitcoin ETP works with fully collateralized debt, meaning that it is 100% backed by Bitcoin held in an independent trust for investors, while custody is provided by Coinbase and possibly Kingdom Trust, Bitcoin Suisse and Copper. All of them are top-tier custodians. This ETP is regulated and domiciled in Switzerland. Even though it is 100% backed, there is still a risk of theft, hacking, as well as the need to deduct the costs of the liquidation should any player within this ETP become insolvent. The TER is 1.49%.

The Van Eck Bitcoin ETN is a fully collateralized exchange-traded note that invest only in Bitcoins. Note that not all ETNs are collateralized, making this ETN particularly safe compared to others. The note aims to replicate the performance of the MVIS CryptoCompare Bitcoin VWAP Close Index (MVBTCV Index). The custodian is Bank Frick and the fund is domiciled in Liechtenstein. The base currency is EUR and TER is 1.00%.

My suggested broker for such trades is DEGIRO. I’ve written an in-depth review of this platform earlier so check that out if you want to learn more about this broker.

flatexDEGIRO offers several crypto trackers that follow the underlying performance of digital currencies, such as Bitcoin or Ethereum. There is no need to set up a crypto wallet or use a crypto exchange.

Canadian residents have it better than their US counterparts, as several ETFs launched there in 2021: Purpose Bitcoin ETF (BTCC), Evolve Bitcoin ETF (EBIT), CI Galaxy Bitcoin ETF (BTCX), 3iQ CoinShares Bitcoin ETF (BTCQ), and Fidelity Advantage Bitcoin ETF.

My Favorite Bitcoin Tracker Products

Not all tracker products are created equal. There are a few main questions to ask yourself when choosing a product:

  • What’s the size of the fund?
  • Who’s the provider?
  • What is the total expense ratio (TER)?
  • Where is the fund domiciled?
  • What’s the replication method?
  • What currency do I need to use?

A bigger fund inspires more trust, although you also need to consider how long it’s been on the market. If it’s a newer fund, then I would look at the provider, and if they are well-established with a long track record of solid ETF products, then the fund size would not be that important.

Some reputable providers are WisdomTree, VanEck and CoinShares.

The TER is very important to me. I am fine with paying money to compensate for the storage costs and the ancillary costs of operating the fund, but a 1% difference can make a significant difference in returns over the long-run, especially given crypto’s growth potential. I typically look for an expense ratio of 1% or lower.

Lastly, I want to make sure that they are physically-backed. This means that they for every dollar/euro invested in the fund, they hold the equivalent value in Bitcoin, usually in safe cold storage. This is not usually an issue, as all the tracker products I’ve seen in Europe use physical backing as their replication method.

It’s not a bad idea to split your funds between different providers if they have similar setups. This will minimise the risk in the unlikely event that a provider goes out of business or suffers a catastrophic loss of its physical backing.

Right now, as a European resident, my choice is the VanEck Vectors Bitcoin ETN fund as it has a low total expense ratio (TER) of just 1% per year while being based in Liechtenstein, which is a country whose financial sector I deem to be of sufficient quality. Its base currency is also EUR which is ideal since a good chunk of my savings are typically stored in Europe’s currency, the Euro.

On the other hand, I also use the WisdomTree Bitcoin ETN to diversify between providers and also to be able to invest my USD savings and thus avoid currency conversion costs. The Coinshares Physical Bitcoin ETN would be an alternative – it is a slightly bigger fund with negligibly higher TER but it is domiciled in Jersey instead.

Buying Stocks from a Crypto Exchange?

You might also be interested in doing somewhat of the opposite of what I described in this post – buying stocks from a crypto exchange. This is still a new area in crypto, but there are already some exchanges that offer tokenized stocks that can be purchased with cryptos, as I describe in my post about that subject.

The biggest advantage, in that case, is that you can trade stock tokens 24/7 rather than being limited by the opening hours of the markets. This is especially useful if important news comes out during the weekend, or you invest through stock exchanges located in a different time zone to yours.

If you’re an investor who prefers owning Bitcoin, Ethereum, etc outright, then just head over to my list of best crypto exchanges and take action from there.

Buy Crypto ETPs on DEGIRO

Investing in stocks, bonds, and ETFs involves risks including complete loss. Please do your research before making any investment.

Filed under: Cryptoassets, Money

Altrady Review: a Powerful Tool for Demanding Traders

Last updated: April 02, 20241 Comment

Altrady

Experienced blockchain investors and crypto traders know very well how important it is to be equipped with the right tools for the job.

In the highly volatile cryptocurrency market, the prices of assets change so fast that using a subpar exchange can cost you time and money. That’s why traders who are focused on making serious gains prefer to make trades through high-quality crypto trading platforms like Altrady, which provide the users with a large number of extra features compared to typical crypto trading platforms.

From this article, you will learn what the core idea behind Altrady is and how using a premium crypto trading platform like Altrady can help traders maximize their profits while saving them a lot of time. You will get to know all the most essential features of the platform which combined together make Altrady a crypto trading powerhouse. The article also discusses the affordability of Altrady pricing plans and the groundbreaking new functions that will be added to the Altrady crypto trading platform in the near future.

Altrady overview

Altrady

Altrady is a cryptocurrency trading platform developed with a single goal in mind: to make crypto trading easily accessible to everyone. It’s a powerful set of tools that can be used together with most of the popular crypto exchanges on the market.

The crypto ecosystem is dominated by exchanges that weren’t really created to cater to demanding traders, but to simple retail investors who just want to buy some crypto and hold it for a long time. Altrady, on the other hand, is a trading platform made specifically for traders and by traders: all the features of Altrady are designed to make the life of crypto traders easier, their risk smaller, and their profits bigger.

Unlike a large number of platforms that only provide the basic functionality of buying and selling crypto, Altrady allows people to benefit from a large number of extra features. Because of the powerful trading tools integrated into Altrady, crypto traders are able to gain a better insight into the market, make more informed trades, save a lot of time and make more money.

Main features of Altrady

Altrady

Smart Trading

Altrady comes with a large number of tools allowing traders to utilize advanced trading strategies. Some of the options such as the Take Profit Order are intended to help traders optimize their gains and make maximum profit out of rapid price movements. Other options like the Trailing Stop Order allow you to mitigate risks and protect your gains.

Web Trading

Altrady allows people to trade crypto anywhere and at any time. Not only is the Altrady application available for all the popular desktop and mobile systems, but you can also use the web platform accessible from any device. With Altrady you don’t have to worry about ever again missing a great opportunity.

Trading Analytics

Most traders lose money by making trades without having sufficient information. Altrady provides instant and effortless access to high-quality historical data and market analytics, enabling traders to have full insight before making a trade.

Altrady

Real-Time Market Data and Alerts

In a highly volatile ecosystem like crypto, getting the right info is just as important as getting it on time. Traders using Altrady gain access to instant alerts informing them about all the important price movements.

Multi-Exchange

Altrady can be integrated with almost all of the most popular exchanges such as Binance, Coinbase, Huobi, BitMex, and many more. You no longer have to choose between exchanges, and you don’t have to waste time learning how to use a new platform.

Portfolio Manager

One of the most important things for crypto traders is keeping track of all their trades and investments. Altrady includes a clear and beautifully-presented portfolio that allows the users to effortlessly keep track of all their current assets and the history of their trades.

Altrady

Quick Scan

Quick Scan is a feature that allows traders to be immediately notified about price movements with the potential for scalping opportunities and other possible profits. Whether the price goes up or down, Quick Scan will notice it and inform you of all the important events on the market.

Crypto Base Scanner

Crypto Base Scanner is a powerful tool designed specifically to help traders greatly improve their profits while using the QFL trading strategy. Crypto Base Scanner scans the market for preferable entry points and automatically notifies the user when it notices an opportunity to make a profit with the QFL strategy.

Pricing

Greatly expanded functionality when compared to free exchanges and trading platforms naturally comes at a price. However, Altrady offers a great price to value ratio because the small subscription cost allows traders to increase their profits massively. Furthermore, Altrady allows the traders to select from three different pricing plans and choose the one that suits their needs best.

Altrady Pricing

Basic plan includes all the core features of Altrady and costs only €14.95 a month. Traders utilizing the basic plan are entitled to almost all Altrady functionalities apart from some advanced trading strategies and analytics.

Essential plan provides almost all Altrady functions at an accessible price of €29.95 a month. Almost all features are included in this plan, except for two premium features: Base Scanner and Quick Scanner.

Premium plan is intended for the most professional and demanding traders. This plan costs €44.95 a month and includes all the features of the previous plans, while also adding two elite-level tools: Base Scanner and Quick Scanner. These scanners allow the traders to greatly increase their profits by making it extremely easy to find attractive tokens to trade.

Dedicated traders focused on making the most profit can get a 30% discount by purchasing an annual plan instead of a monthly plan. But that’s not all: every crypto trader is entitled to a 14 days Free Crypto Trading Subscription Trial – you can try Altrady with no obligations at all, and purchase a subscription only after you see for yourself how the platform can improve your gains.

Features coming soon to Altrady

Altrady

One of the reasons why Altrady is so quickly gaining popularity among cryptocurrency enthusiasts is that the exchange is constantly evolving to meet the needs of the most demanding crypto traders. New features are introduced on a regular basis, in order to keep up to date with the ever-evolving needs of the crypto community.

Before the end of Q1 2021, Altrady will introduce a large number of new features:

  • Manual Smart Positions
  • Trading Bot Positions
  • Signals Bot
  • Grid Bot

These new features will allow the Altrady users to benefit from the full power of automated trading. Advanced algorithms will enable the traders to improve their profits even further, all while saving them a lot of time and mitigating the risks.

Summary

Altrady’s growing popularity among crypto traders is obvious when we analyze all its features. A massive number of powerful tools integrated into Altrady empower the traders with a large number of benefits. A massive boost to profits will be most important to most people, but Altrady also works great at reducing the risks related to highly volatile markets and making the entire process of trading crypto more time-efficient.

A popular crypto motto says “don’t trust, verify”. You can verify the usefulness of Altrady yourself with the 14 days Free Crypto Trading Subscription Trial, which allows everyone to try Altrady entirely for free with no obligations at all. Altrady is an excellent investment in your crypto trader career, and the 30% discount for all plans while purchasing a yearly subscription makes this investment affordable to anyone.

You can also use the discount code GALEA to get 10% off any plan at checkout.

Sign up to Altrady

Filed under: Cryptoassets, Money

YouHodler vs Nexo – A Competitive Analysis

Last updated: September 05, 20233 Comments

YouHodler trading

In the realm of financial technology (FinTech), YouHodler and Nexo are two highly competitive platforms offering a variety of crypto/fiat financial services. What really brought both platforms to international fame is their interest-earning accounts though. Crypto enthusiasts are constantly looking for the best platforms to safely store their crypto while simultaneously earning a passive income on it. These two platforms offer some of the best rates around in addition to a few other exciting tools to help “HODLers.” But which one is the best?

In this competitive analysis, we’ll do a deep dive into both companies to see which features set one apart from the rest.

[Read more…]

Filed under: Cryptoassets, Money

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