The best platform to buy cryptocurrency

In recent years, cryptocurrency has proven to be a very profitable investment. Even if the procedure for buying cryptocurrency is quite simple, it is not easy to find a site with reliable information and to avoid scams. It is therefore very important to know how to choose where and how buy cryptocurrency.

In the following guide, we explain the different methods of purchase, the best periods of investment, as well as some reliable sources to invest in complete safety.

Lievin-infos participates in the Kucoin affiliate program, so we earn a commission

What are the risks of buying cryptocurrency?

Before embarking on such an investment, it is important to understand the risks that revolve around the world of crypto. Exactly, here are the main ones:

• the risk of loss of capital;
• overexposure;
• delusion;
• scams.

The risk of loss of capital is frequent even in investments in real time. It should be kept in mind that cryptocurrency retains a certain volatility, and that it is also not subject to the regulation of banking and financial entities in the real world. Do not be surprised if a cryptocurrency evolves by more or less than 15% in just 48 hours. It is a usual mode of this active class.

Scams are the most important risk to avoid in the world of cryptocurrency. It is quite possible to have all your crypto stolen if you invest on a scammer or hacker site. To find a reliable investment site is a priority.

As the saying goes, don’t put all your eggs in one basket, and the same goes for cryptos. Even if rumors persist around a crypto that will be a hit in the next week, you always have to stay rational and cold to analyze correctly your investment plan and get the most out of it.

Lievin-infos participates in the Kucoin affiliate program, so we earn a commission

Concretely, how and where to buy cryptocurrency?

Once you have created an account on a cryptocurrency platform of your choice, you must provide all the supporting documents and information required for the finalization of your account and its activation. Make sure everything is secure before credit your account.

The purchase of a cryptocurrency is done by credit card or transfer in exchange for a currency of the real world. Once you have transferred an amount to your deposit account, you can convert it to any crypto of your choice.

Since 2009, Bitcoin never stop banging it is of course followed by Ethereum and some other newer cryptos. It’s easy to check out the types of digital currencies at the top of the list, and take your pick. For example, during the month of February, Bitcoin is usually in the lead.

To recover your profits, you make a transfer to your bank account in the traditional waybut before that, you must first convert your cryptocurrency into euros, or another currency, in order to be able to recover it.

By registering on trading websites like Kucoin or Binance, it is common to come across new words like sell, buy, withdraw, deposit, last, ask, bis, etc. It is best to familiarize yourself with the lexicon of this type of site and to fully understand the icons and their uses to avoid making mistakes. Otherwise, it’s an investment to everyone and which offers several advantages.