What is the easiest way to buy BITCOIN ?
BITCOIN- The crypto,
which has now been recognized as the global and most profitable crypto
currency, is said to have set its roots back in 2008, under pseudonym Satoshi Nakamoto. Since the
period of its inception, it has gathered the interest of many mainstream and
novice investors. So much so, that now it has become the world’s leading
crypto-currency.
As of today, the value of one Bitcoin stands
at 27,52,121.76 Indian Rupee. It’s been more than 12 years that BTC has
been launched in the market, but people (especially the new traders) still seem
confused as to how to buy Bitcoin. The loophole essentially lies in lack of
knowledge and exposure to the field.
So to solve this problem
today, we attempt to impart you knowledge which would help you to understand
about various ways through which you can buy BITCOIN-
- Cryptocurrency
Exchanges-
The easiest and most secure way to buy and/or trade, not only in BTC but
in any crypto is through an exchange. Many Crypto exchanges-such as-
United Exchange are out there to help you not only trade but guide you
through the process as well. You can not only buy but also exchange and/or
trade with the Cryptocurrency. Many other additional benefits are also
provided at the exchanges.
- Bitcoin
ATM’s-
Just like the regular ATM, the Bitcoin ATM facilitates purchase of Bitcoin
for cash. Some of ATM’s even enable bi-directional functionality which
means you can do both- purchase BTC for cash as well as sale BTC for cash.
But. Remember that a wallet is a pre-requisite for that.
- A
BTC voucher or gift-card- The easiest way to buy any crypto currency is
through a voucher. All you need is your crypto-wallet and you are free to
mine, buy or exchange the Cryptocurrency at your choice. Using a BTC gift-card
is even easier. You don’t even need to have a wallet or be registered at
any exchange. Your friend or anyone (who is a trader) could gift you BTC’s
and you can easily redeem them at your convenience.
- Wallets- Just like you
store the traditional currency into your bank-accounts, you store your
crypto currency into the wallets. You can have your own personal wallet
that you downloaded from online and/or at your exchange. Most of the
exchanges provide wallets when you open an account with them. It is common
that many crypto-exchanges may not put prime importance towards the
wallet, but you should always aim to choose an exchange, which put your
security on priority.
In conclusion, we can
say that there are many ways to buy Bitcoin and any other crypto-currency, but
you should always aim for the safest way to invest your hard-earned money. We
would recommend opting for exchanges which are very lucrative and provide high
liquidity for trading in the crypto-currency.
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