Are you searching for the top Fringe investing platforms? Let’s first get ourselves clear with this type of investing category. Well, they don’t represent a traditional investment and to some extent, it is not even considered as an investment.
Fringe Investments is totally different from other investment approaches where it is always advisable to research well before start investing due to the involvement of betting.
Fringe investment is totally different from other traditional investments. It is a higher risk option available because of betting rather than informed and strategic trading.
Due to ease of availability, they cater to gather young blood more easily. As it is not an actual investment option, thus it is worth mentioning as fringe alternatives.
Warning: Fringe investments are not considered appropriate from an investment point of view due to trading on betting.
List of Fringe investing platforms
As you are very well aware of the risks associated with opting for this investment option. So, in order to build enormous wealth. A list of best fringe investment platforms are given below:
Let’s learn more about these investment platforms usage, benefits, etc in detail.
- Coinbase: Coinbase is one of the many platforms available that deals in cryptocurrency space. Basically, it’s a platform to buy and sell cryptocurrencies such as Bitcoin, Litecoin, Ethereum with the option of adding other currencies too.
Fees vary depending on the method of payment of acquiring cryptocurrencies – i.e., Cash, debit card, bank account but the process is pretty simple.
Note: Cryptocurrency is highly unpredictable and volatile. Though some consider it as an investment commodity.
- FanDuel Sportsbook: Betting in sports is clearly not a traditional form of investment. But just like any other investment, it involves the risk factor of losing some money in hopes of making more. This investment method is also going very popular.
As betting in sports is legal in New Jersey, Pennsylvania, Nevada, and some other states. Fanduel has made itself available on mobile and online by facilitating sports fantasy. It is more sort of taking a risk in an entertaining way.
- Predict It: As one can say from its name, it is also more about betting than investing, though it is billed as “Politics Stock Market“.
It is a kind of clever service by selling a share of political outcomes for instance, who will win in an election etc. It charges only a fraction of dollars and particularly with the public paying more attention to politics, it catches up pretty quickly.
If you want to know more about different types of investment platforms or categories.