Bitcoin is a decentralized anonymous digital currency, a multifunctional financial instrument of a new generation. Over the past year, the BTC rate has increased by more than 300%. At the beginning of this year, the asset renewed its all-time high. Analysts believe that in the foreseeable future, the Bitcoin rate will only be. Such tempting prospects suggest that investing some of the funds in Bitcoin is a good idea.
How to buy Bitcoin
There are several ways to buy Bitcoin. We will consider two of the possible:
1. Purchase on a cryptocurrency exchange where payment can be made in almost any of the existing ways: by bank transfer, through payment applications, through electronic payment systems.
2. Purchase from an instant exchange service where you can exchange any crypto for Bitcoin.
These services are reminiscent of classic stock exchanges. But they trade digital assets. Traders most often resort to their services. These are fairly reliable platforms with maximum trading functionality. Here you can buy and sell Bitcoin for another cryptocurrency or fiat money.
To the undoubted advantages it also includes a wide range of payment methods. At the same time, registration is required on such a platform, and for some actions, identity confirmation is required. It follows from this that a completely crypto anonymous exchange is not always possible. Transactions are carried out with fairly high fees charged. Binance and EXMO lead among cryptocurrency exchanges.
Binance is a prime example of what real cryptocurrency exchanges should be like. Initially, the resource did not accept fiat money at all. Later, taking into account the numerous wishes of customers, an adjacent platform Binance Jersey was opened to exchange cryptocurrency for traditional currency. The platform has a minimum commission.
Instant exchange services
These sites are especially convenient for buying and selling Bitcoin for any other cryptocurrency. It does not require registration and identity verification, which guarantees the security of the client’s personal data. Instant exchange platforms usually have an extremely simple and very user-friendly interface. Even a beginner can cope with the task of buying Bitcoin quickly and profitably. To swap, for example, DASH to BTC exchange in a universal widget, you need to do the following:
1. Choose the type of course;
2. In the upper field, indicate its name and the amount of the sale;
3. In the lower field, indicate the name of the coin to buy;
4. Replenish the deposit;
5. Enter the address of your crypto wallet;
6. Press the “change” button.
After that, the built-in search tool will scan the current offers on the leading exchanges, compare the current rates, the size of the commission, the availability of an exchange reserve, and select the deal with the most favorable conditions. Conversion and crediting of funds to the client’s wallet. Since the search engine analyzes dozens of trading platforms, the choice of cryptocurrency pairs here is much wider than on classic exchanges.
Buying Bitcoin is technically no more difficult than buying any fiat currency. And now you know where it can be done quickly, profitably and anonymously.
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