Coinbase is one of the easiest ways to buy, sell, and hold cryptocurrencies, which earns it the first spot on this list.
With Coinbase, you can connect to a U.S. bank account and easily transfer dollars in or out of your wallet.
You can use those dollars, or transfer in new ones, to buy and sell. In addition to Bitcoin, Coinbase currently supports Bitcoin cash, Ethereum, and Litecoin.
There are constant rumors of additional currencies like Ripple getting support from Coinbase as well.
While the big upside of Coinbase is ease of use, that is offset with some worries about security. Mt. Gox was at one point the dominant platform for Bitcoin and other currencies.
That is until it was hacked and lost nearly half a billion dollars in user currency. But Coinbase did learn from Mt.
Gox’s loss, and has very firm security in place, and regularly updates and improves the entire user experience.