In this article we'll go into how to buy cryptocurrency, in fact we'll give you a step-by-step plan on buying your very first one, get that cup of coffee, settle down and let's get to it. Before we take another step toward are topic if you are new learner of crypto currency , We recommend you to first read about what is Crypto Currency ?
The very good news is that using a platform like Crypto Fish, check out our link in the description below this video, the process is simplified dramatically all you need is a credit or debit card. To be honest if you buy cryptocurrencies on Crypto Fish, you won't even need this guide because we've made it so simple all you have to do is follow the cues but if you're like me, you like knowing what the process will entail, so let's take a closer look. Following step may solve your query of how to buy cryptocurrency
Step 1 :
In this step you have to choose, Which cryptocurrency you want to buy first (Surely you have to choose according to the market stituation) . Like bitcoin, Ripple, Litecoin, Monero, Dogecoin etc
The next thing to do is to create a new email address, just for your cryptocurrencies, so do that now, you can either use Gmail or whatever your preferred method is but gmail is good because their technology is very advanced, you can even use their advanced protection which is a heavy-handed way of securing your email address. Do not add anything about cryptocurrencies to make up your new email address this tip is just to ensure protection.
is to go to the website from you are going to buy, so go to a new browser and type Crypto fish Right there at the top of the page,insert your new email address to start the process, when the email from Crypto Fish arrives, click the link in the email to activate your account, once you've clicked the link you will open your new dashboard, now you have two options, you can either choose the cryptocurrency you want to buy, your choices are Bitcoin, Ethereum, Litecoin, Bitcoin cash and Ripple. Or choose the amount you want to buy for.
The good thing is that the starting amounts are affordable so anyone can buy them, although of course, each cryptocurrency is valued differently once you click on the Buy Now button you will need to enter your wallet address details for the cryptocurrency to be sent. If you don't have a wallet Crypto Fish makes it easy and even gives you options to choose between three of the best that are available today. Click on one of them, once you have the wallet address add it to the crypto fish forum you were busy with and click on continue. Choose the amount you want to purchase, click purchase and the transaction is complete. What you've done now is exchange your paper money for cryptocurrency, congratulations after a while you may want to sell it or either buy more cryptocurrencies or sell it for cash.
To exchange your cryptocurrency for another you can simply use the crypto currency exchange. To cash out your cryptocurrency, there are a few other options. The first is to use an exchange that caters to fiat, paper money withdrawals, or you sell your cryptocurrency on a premium price through a peer-to-peer service or a cryptocurrency market, what you need to consider about the avenue you choose are the following.Does it cash out in your country's currency? Are there fees? Is your payment method supported? The more people who use it, the better, does it allow you to sell your cryptocurrency and buy a cryptocurrency you desire? For example you may want to exchange Lite coin for Bitcoin, does the exchange allow for that? What happens now is that you use your exchange to well exchange,either for another cryptocurrency or into cash, if it's cash the exchange will send it to your bank account, bear in mind your banking fees. That's it buying and selling, pretty simple right.
In the last worldofmeh does not support any sort of purchasing, holding, selling or trading of cryptocurrencies to does to countries were cryptocurrency is banned or illegal. Thank you to being with us till last.
1. How to invest in cryptocurrency ?
There are many ways for how to invest in crypto currency , as we have already discuss in our previous blog best crypto currency to inveset in 2020.
2. How to buy bitcoin with credit card ?
As we have already discuss in above article how to buy cryptocurrency. As well as many other exchanges including Binance , Poloniex also allow the user to buy bitcoin and other coins with credit card.