Ever wondered what crypto stocks you should buy in Q4 2021? Cryptocurrencies have fast become the most popular investment experiencing mainstream use. Ten years ago, markets for cryptocurrencies like Bitcoin and Ethereum were essentially unknown. Fast forward to 2021 and the crypto sector is worth over $3,048.57 billion.
In this guide, we’ll cover everything you need to know about crypto stocks UK from the best cryptocurrency exchange to crypto penny stocks. Keep reading to learn more.
Best Crypto Stocks UK List 2021
If you’re looking for crypto stocks to invest in right now then we’ve got you covered. Here are the top ten best crypto stocks to buy in Q4 2021.
- Coinbase Global (NASDAQ: COIN) – Best Crypto Stock Listed on the NASDAQ
- Square (NYSE: SQ) – Top-rated Crypto Stock Helping to Promote the Adoption of Bitcoin
- PayPal Holdings (NASDAQ: PYPL) – One of the best crypto stocks Offering a Venmo Digital Wallet
- Canaan (NASDAQ: CAN) – One of the Top Crypto Mining Stocks
- Hut 8 Mining (NASDAQ: HUT) – Leading Crypto Mining Stocks Generating Positive Cash Flows
- Nvidia (NASDAQ: NVDA) – Best Crypto Stock for Exposure to Semiconductor Industry
- AMD (NASDAQ: AMD) – Best Crypto Stocks Helping to Pave the Way for New Blockchain Technologies
- Meta Platforms (NASDAQ: FB) – Best Crypto Stocks Creating a New Cryptocurrency Dubbed Diem
- Shopify (NYSE: SHOP) – Best Crypto Stocks Accepting Cryptocurrencies as Payments for e-commerce goods
- CME Group (NASDAQ: CME) – Popular Crypto Stock For Exposure to Financial Derivatives including Bitcoin Futures
You can invest in these top crytpo stocks with zero commission using our recommended broker, eToro.
A Closer Look at the Best Crypto Stocks to Buy
Do you know why Wall Street investors and market analysts are adding these crypto stocks to their watchlists? Let’s dive a little deeper into each crypto stock, to understand more about each asset and why they’re so hot right now. If you’re wondering what the best shares to buy right now are be sure to also read our comprehensive guide.
1. Coinbase Global (NASDAQ: COIN) – Best Crypto Stock Listed on the NASDAQ
Coinbase Global, a leading cryptocurrency exchange platform, debuted on the NASDAQ exchange in April 2012 during its initial public offering (IPO). The crypto exchange is popular for buying and selling 50+ major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA), Dogecoin, Shiba Inu, and Solana (SOL).
Thus far, the success of this cryptocurrency exchange has been reliant upon the rise in crypto prices. This has resulted in millions of new users registering accounts. Every time someone submits an order to purchase or sell a cryptocurrency, Coinbase takes a modest transaction fee. However, the company intends to be more than just a trading platform. It also supports a debit card that allows clients to use their digital wallet balance to make purchases. It also launched a cloud platform for businesses that use and store digital currencies.
What makes Coinbase a good crypto stock to invest in?
The goal of the Coinbase project was twofold. The first involves making crypto loans more accessible to the general public, which was previously solely available to wealthy investors. Users can use the platform to stake their Bitcoin or other cryptocurrencies as collateral for a low-interest loan. This eliminates the need for investors to liquidate their assets in the event of an emergency, enabling their principal to multiply while they deal with the situation at hand. Did you know that most investors are looking for the best Bitcoin stocks to invest in right now?
The second commitment is getting governments and financial authorities to adopt Coinbase’s blockchain analytics. Since many blockchains use a public ledger, the company can use this information to track down unauthorised transactions and wallet addresses.
For example, let’s say that hackers infiltrate a victim’s PC and demand Bitcoin as ransom to relinquish control of the computer. In these circumstances, Coinbase could correlate the criminal’s crypto wallet address with its database of KYC data. In theory, this could allow law enforcement to track and apprehend the hackers, leading to a more secure crypto ecosystem.
With this in mind, will you be adding Coinbase crypto stock to your portfolio in Q4 2021?
2. Square (NYSE: SQ) – Top-rated Crypto Stock Helping to Promote the Adoption of Bitcoin
At the core of all decentralized crypto payment protocols is the lack of centralized intermediaries such as central banks. As a result, there are lower costs for both companies and customers. Therefore, the next move for Square to expand its business was to allow clients to buy and hold cryptocurrencies via a digital bitcoin wallet.
By 2017, Square’s Cash App began facilitating Bitcoin trading. By 2021 BTC was a main revenue generator for the company, but the trading feature didn’t budge Square’s bottom line.
However, the company is promoting the adoption of Bitcoin among its corporate users (via the Square ecosystem), and it has the potential to become a top platform for transferring cryptocurrencies between businesses and their clients. This has particular promise for disrupting conventional international transactions, where banks frequently charge exorbitant foreign exchange rates. However, for the time being, Cash App is mostly used for cryptocurrency trading, as well as basic banking functionality.
3. PayPal Holdings (NASDAQ: PYPL) – One of the Best Crypto Stocks Offering a Venmo Digital Wallet
Similar things can be said about PayPal’s Venmo digital wallet and peer-to-peer payments software, which enabled crypto trading in early 2021. Venmo initially supported Bitcoin, Bitcoin Cash (BCH), Ethereum, and Litecoin (LTC).
Venmo, which has the most users of any peer-to-peer money transfer software, has the potential to become a prominent cryptocurrency platform with this new functionality. It provides a reliable entry point for investors who want to purchase big cryptocurrencies and then use them to buy cryptocurrencies or access decentralised finance applications.
PayPal recently announced that it would not acquire Pinterest after speculators and headlines were buzzing on hopes that the fintech company may buy the social media giant by the end of 2021. Despite being temporary, the news grabbed traders’ attention and sparked heaps of talks on the possible pros and cons of a potential merger.
Some market analysts have suggested that there is a perfect buy opportunity given PayPal’s recent downtrend.
4. Canaan (NASDAQ: CAN) – One of the Top Crypto Mining Stocks
Bitcoin mining has evolved tremendously in recent years. Companies like Canaan (NASDAQ: CAN) now construct high-powered, application-specific integrated circuit (ASIC) devices. Canaan’s next-generation Avalon ASICs can make tens of trillions of calculations per second on the correct hash to validate blocks on the Bitcoin network. Sales have been increasing for some time thanks to the device’s low cost and low energy usage, which means more profits for crypto miners.
This crypto stock gained over 40% last month, thanks to new buyback authorization and robust bullish trends for Bitcoin. Canaan offers specialized hardware for crypto mining, with bullish trends in the crypto sphere typically driving the crypto mining stock to all-time highs.
Last month, the price of a Bitcoin token increased by around 48.7%, allowing the cryptocurrency mining company’s stock to gain a significant amount of ground. The announcement of a new share repurchasing plan looks to have given the stock a significant boost as well.
5. Hut 8 Mining (NASDAQ: HUT) – Leading Crypto Mining Stocks Generating Positive Cash Flows
Hut 8 Mining is one of the most popular crypto mining stocks on the market right now (NASDAQ: HUT). The company, which is headquartered in Canada, has a significant minority stake in the Bitcoin network and generates very high cash flows when compared to revenue.
Hut 8 Mining maximises shareholder returns by loaning Bitcoins and cultivating yields, rather than selling them on the open market. This results in compounded returns. Investors can also be certain that the firm will not be involved in any environmental issues related to the practise. Hut 8 Mining gets its electricity from a mix of wind, solar, and natural gas sources with ten-year leases, preserving the sustainability of its business activities.
What does this mean moving forward?
Hut 8 Mining stock jumped by just under 60% in October which analysts suggest has been driven by Bitcoin’s strong market performance. Last month saw unprecedented gains for the leading cryptocurrencies, with Ether and Bitcoin surging by more than 45%. Hut 8 Mining specializes in crypto mining for these two large-cap digital assets, and robust bullish momentum helped the crypto mining stock to wrap up a month of record gains.
Just last month, Hut 8 Mining announced its acquisition of 12,000 new MicroBT miners with a price tag above $50 million. The new crypto mining hardware is set to be distributed next year, with an estimated delivery of approximately 1,000 units every month. According to seasoned analysts, investors should be aware that this crypto mining stock’s price movements are closely pegged to the market trends of Bitcoin and Ethereum.
With Bitcoin’s recent stellar rally pushing its price closer to record highs, many crypto-focused investors are adding Hut 8 Mining to their investment portfolios. Will you be following in their footsteps?
6. Nvidia (NASDAQ: NVDA) – Best Crypto Stock for Exposure to Semiconductor Industry
Although Nvidia (NASDAQ: NVDA) is not directly involved with cryptocurrencies, it is one of the top manufacturers of graphics processing units (GPUs). GPUs are renowned for powering cutting-edge video game visuals, but they’re also used in data centres, AI, and the production of digital assets.
GPUs are well-suited for cryptography and blockchain development, which require heaps of computing power. As crypto miners (those who use their computers to generate new units of cryptocurrencies) hurried to purchase GPUs in 2018, soaring cryptocurrency prices spurred Nvidia’s stock price hikes.
GPUs have a key role to play in the development and management of digital assets. Earlier this year, Nvidia introduced a new range of chips designed specifically with crypto mining in mind.
7. AMD (NASDAQ: AMD) – Best Crypto Stocks Helping to Pave the Way for New Blockchain Technologies
Much like Nvidia, AMD is a semiconductor company that’s trying to cement its position in the cryptocurrency industry, making it a great crypto mining stock to choose in Q4 2021. AMD recently announced plans to acquire Xilinx, a field-programmable chip manufacturer based in California.
Both Nvidia and AMD are well-positioned to continue gaining market share in the semiconductor sector while also paving a path for the development of innovative technologies like blockchain.
Advanced Micro Devices (NASDAQ: AMD) gave a positive Q3 earnings report, with key areas including personal computing, video gaming, and data centers performing above average. All of these segments experienced significant growth, allowing the company to outperform Wall Street forecasts and generate stunning third-quarter results.
Furthermore, AMD increased its full-year guidance due to strong demand for its CPUs. Even after a 63.97% hike in YTD gains AMD stock remains one of the best crypto stocks and growth stocks to buy in Q4 2021.
AMD’s Q3 revenue increased by 54% in the past year to $4.3 billion, thanks to strong sales in computing and graphics, as well as the enterprise, and semi-custom markets. Moreover, the crypto stock’s non-GAAP gross margin increased by 440 basis points to 48 percent over the previous year.
8. Meta Platforms (NASDAQ: FB) – Best Crypto Stocks Creating a New Cryptocurrency Dubbed Diem
Meta Platforms (NASDAQ: FB) has been working on a new cryptocurrency dubbed ‘Diem’ for quite some time. Diem is designed as a worldwide financial payment and infrastructure platform that is open to everyone, including almost one-third of the world’s population who do not have access to a bank account. The project has experienced some obstacles, including the withdrawal of Visa, Mastercard, and PayPal from its pool of high-profile investors. If you’re looking to buy FB shares read our Buy Facebook Shares guide.
Because cryptocurrency is still mostly unregulated, financial regulators have expressed concerns about Diem, with some sources implying Diem may need to be tethered to the U.S. Dollar or another government-issued fiat currency. Despite this, work on the Diem project is ongoing, and Meta Platforms is reorganising its research and development activities. Diem is expected to be rolled out in 2022.
Meta Platforms released its third-quarter earnings late last month. The social media company jumped 35% over the last year to just over $29B with earnings rising by just below 20% to $3.22 per share, beating Wall Street expectations.
As for Q4 2021, Meta Platforms forecasts revenue to grow by 12 percent which would be the slowest rate of growth in over 12 months. Yet, despite the recent controversy with whistle-blowers and its rebranding from Facebook to Meta Platforms, the social media giant is committed to developing its metaverse business with state-of-the-art VR headsets, and innovative AR devices. The company also announced a $50B addition to its crypto stock buyback plan.
9. Shopify (NYSE: SHOP) – Best Crypto Stocks Accepting Cryptocurrencies as Payments for e-commerce Goods
Shopify (NYSE:SHOP), an e-commerce infrastructure and software provider, now allows businesses to accept cryptocurrencies as payment. It recently improved this payment option by partnering with Bitcoin payment processor CoinPayments.
Facebook Shops, a new product for small e-commerce firms, was launched in mid-2020, with Shopify as the third-party software supplier powering the new online businesses. If the use of cryptocurrencies among small enterprises and entrepreneurs continues, Shopify is in a strong position to capitalize on this new trend.
For the past five years, Shopify stock has skyrocketed by 3,618.07% making it one of the best crypto stocks to buy right now. Another reason why many investors are adding this crypto stock to their portfolios this year is that it’s the most popular e-commerce company in America, boasting a market share of 29%.
To bolster that market advantage, Shopify is creating the Shopify Fulfillment Network (SFN), a nationwide network of robot-powered warehouses. This emerging infrastructure will enable Shopify to choose, package, and send products on behalf of its merchants while harnessing data generated throughout its platform to enhance supply chains and improve logistics.
10. CME Group (NASDAQ: CME) – Popular Crypto Stock For Exposure to Financial Derivatives including Bitcoin Futures
CME Group (NASDAQ:CME) runs the world’s largest financial derivatives exchange, enabling traders to access futures trading, which wager or secure an asset’s future price. Investors can also trade options, which allow you to sell or purchase an asset at a fixed price in the future.
CME Group’s derivatives exchange supports a wide range of assets, including agricultural and mining commodities, energy, equities, and digital currencies. As a leading crypto stock CME Group is gaining a lot of attention from Wall Street analysts and investors from around the world.
CME launched the first bitcoin futures market at the end of 2017, followed by a market for options on Bitcoin futures at the beginning of 2020. Ether futures were also made available on the exchange as of February 2021. Creating an exchange for financial derivatives of the largest and most popular cryptocurrencies has given Bitcoin and Ethereum more legitimacy, as well as a way for cryptocurrency owners to hedge against risk from price fluctuations.
Although cryptocurrency futures and options are still a minor market for CME Group, more exchanges for crypto assets may likely be added in the future.
Crypto Penny Stocks
Crypto penny stocks are trending right now as crypto investors are left buzzing over Bitcoin’s unprecedented rally. As bullish momentum continues to drive the crypto market, many crypto penny stocks are experiencing hikes in value. With so many crypto penny stocks to choose from, choosing the best ones can feel like trying to find a needle in a haystack.
What are crypto penny stocks?
To begin with, some companies mine digital currencies. These crypto mining stocks are typically directly influenced by the performance of the crypto sector. However, it’s worth mentioning that these crypto penny stocks come with high risks because of the overall volatility of the crypto market.
Crypto stocks that focus on cryptocurrency-related technology are also worth considering. This could include the production of crypto mining machines, as well as mining-related technology. Finally, some companies work on implementing and developing blockchain technology.
While blockchain technology has a range of uses, including decentralized banking and other decentralized projects, cryptocurrency was designed to revolutionize the existing, traditional financial ecosystem. As such, here are some of the best crypto penny stocks to add to your watchlists in 2021.
- Ebang International Holdings Inc. (NASDAQ: EBON)
- Greenpro Capital Corp. (NASDAQ: GRNQ)
- LM Funding America Inc. (NASDAQ: LMFA)
- NXT-ID Inc. (NASDAQ: NXTD)
Are Crypto Stocks a Good Investment?
The best thing about crypto stocks is that they aren’t all pegged to the crypto industry, offering investors both exposure to the crypto market and portfolio diversification. Cryptocurrencies are extremely volatile, causing acute price swings in revenue and earnings for enterprises with exposure to the sector.
Nevertheless, cryptocurrencies are quickly winning public acceptance. With companies like Nvidia, PayPal, Shopify, and Meta Platforms committed to the crypto cause, expect crypto stocks to gain even more traction.
Best Brokers to Buy Crypto Stocks UK
Now that we’ve covered the best crypto stocks to invest in right now, this raises the following question. What is the best trading platform UK? To buy crypto stocks you’ll first need to choose a suitable stock broker that facilitates low-cost trading via a regulated and secure trading platform.
1. eToro – Best Stock Trading Platform to Buy Crypto Stocks with 0% Commission
Launched in 2006, eToro is a leading social trading platform with a client base of 20+ million traders. Being a fully regulated broker, millions of beginner and experienced investors trust eToro with their investing capital. This fintech company is authorised and licensed by several top-tier financial institutions including the UK’s Financial Conduct Authority, CySEC, and ASIC.
One of eToro’s best selling points is that it offers commission-free stock and ETF trading. This means you’ll be buying and selling real stocks without paying a penny in commissions. Furthermore, eToro is one of a few CFD brokers that absorbs the 0.5% Stamp Duty Tax. eToro account holders also have access to fractional share trading, allowing traders to invest in stocks listed on 17 international exchanges with a minimum deposit of just $50.
It’s a similar story when it comes to non-trading fees. At eToro there are no deposit fees or account fees to worry about. The only non-trading fees to keep in mind are the inactivity and withdrawal fees.
eToro supports a wide range of payment options including credit cards, debit cards, e-wallets such as Skrill, Neteller and PayPal, as well as bank wire transfers.
|Inactivity fee||$10 after 12 months|
|Commissions or Spreads||Tight spreads|
|Cost of investing in stocks||0% commission|
68% of retail investor accounts lose money when trading CFDs with this provider.
2. Capital.com – Best Global Forex and CFD Broker to Trade Stock CFDs with Low Fees
Capital.com is a globally recognized CFD broker that supports over 3,000 CFD stocks from the United States, the United Kingdom, and most of Europe. This CFD trading platform makes it simple to go long or short on any stock, thanks to its large asset portfolio and low fees.
Launched in 2016, Capital.com is regulated by several financial authorities including the UK’s FCA, ASIC, CySEC, and NBRB.
Capital.com has low forex CFD fees and traders under FCA and CySEC can buy and sell real stocks on a commission-free basis. This means that the only trading fees you’ll have to pay are the overnight financing fees and the low bid-ask spreads.
In terms of non-trading fees, these are also on the competitive end of the spectrum. As such, there are no deposit fees, withdrawal fees, inactivity fees, or account fees to worry about.
As we’ve already seen, deposits and withdrawals at Capital.com are free with a multitude of options available at your fingertips. Namely, you can deposit funds into your account via credit cards, debit cards, e-wallets including Apple Pay and PayPal, and bank wire transfers.
|Commissions or Spreads||Competitive spreads|
|Cost of investing in real stocks||0% commission|
75.26% of retail investor accounts lose money when trading spread bets and/or CFDs with this provider.
How to Buy Crypto Stocks UK
Did you know that you can buy crypto stocks on eToro within minutes with 0% commission? Here are four quick and easy steps to buy crypto stocks right now.
Step 1 – Open an account with eToro
To start trading crypto stocks, head over to the eToro website and click on ‘Join Now’. Enter your details and choose a username and password.
Once you’ve populated the online form, click on ‘Create Account’ to move to the second step.
Step 2 – Verification
As part of the KYC process, new traders are required to upload confirmation of residence and proof of identity. These can be in the form of a valid utility bill dated to the last three months and a valid passport or driving licence.
Step 3 – Deposit funds
Funding your eToro brokerage account is a simple process. There are several payment methods you can use from credit cards and debit cards to electronic wallets and bank transfers.
Click on the button marked ‘Deposit Funds’, enter the amount you wish to invest, and choose your preferred deposit method. Don’t forget that eToro doesn’t charge any deposit fees.
Step 4 – Buy Crypto Stocks
You can search for a specific crypto stock such as Nvidia using the search bar at the top of the dashboard. Alternatively, by clicking on the ‘Discover’ tab you can browse through all the supported stocks listed on the copy trading platform.
Once you’ve found the crypto stock you want to buy, click on ‘Trade’. This will open a trading ticket where you can enter your investment amount, place stop-loss and take-profit orders, and even apply leverage to trade stock CFDs.
When you’re happy with your choices simply click on ‘Open Trade’ to complete the trade.
68% of retail investor accounts lose money when trading CFDs with this provider.
Best Crypto Stocks UK – Conclusion
Crypto stocks are making headlines as Bitcoin prices continue to surge. With Bitcoin reaching all-time highs of $68,789.63 earlier this month, how do you gain exposure to the crypto market without having to tackle all of the volatility?
Investing in crypto stocks offers a great solution to risk-weary traders. When you buy crypto stocks you’re investing in companies that are working on developing the crypto industry as we know it. To buy crypto stocks with 0% commission right now, follow the link below and start trading with eToro today!
68% of retail investor accounts lose money when trading CFDs with this provider.
Frequently Asked Questions on Crypto Stocks
What is a good crypto stock to buy?
What are the top 5 cryptocurrency stocks?
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