Investing in Bitcoin can seem complicated, but it is much easier when you break it down into steps. If you take a closer look at the world today, you will realize that banks, businesses, and almost everybody are investing in cryptocurrencies. Let’s help you start YOUR INVESTMENT.
Before we start, keep these in mind:
First, the value of Bitcoin as you know is heavily dependent on the faith and demand of investors, its integration into financial markets, public interest in using it, and its performance compared to other cryptocurrencies.
Second, Bitcoin investing involves some technical and security issues, which wallet technology will take care of.
What do you need to invest in Bitcoin?
There are several things that every Bitcoin investor needs. A digital wallet, virtual identification, a method of payment and etc. One factor that seems to worry every investor, especially beginners, is privacy and security but then again, here is Xapa, you don’t have to worry about that as long as you are investing through us, for customer privacy has always been our top priority.
And most importantly, you’ll need a place to store your funds i.e. a digital wallet.
Sometimes two different wallets or exchanges that support one cryptocurrency, may offer slightly different services. These exchanges or wallets can vary in reputation, reliability, security, processing fees, exchange rates, and type of cryptocurrencies available for trading. That is one of many reasons why Xapa is the ultimate package every true investor needs. Because we are all in one; the best mobile crypto wallet.
In order to purchase bitcoin, you need to connect your wallet to a bank account, debit card, credit card, or exchange office. These payment methods all perform the same function.
Bank accounts may vary on different platforms but are generally recommended for first-time investors. By linking a bank account to your wallet, you can buy and sell crypto and deposit that money directly into your account. Bank accounts are generally recommended if you are dealing with larger sums of money.
Debt and credit cards
Debit and credit cards, on the other hand, allow you to buy crypto almost instantly. The drawback is that debit cards are mostly used to purchase crypto—and even then, most useful for smaller amounts. Users cannot sell crypto or deposit money into their bank account when their wallet is connected to a debit card but you are free to choose your preferred method.
Download our android Bitcoin wallet or our IOS Bitcoin wallet to get started.
You can also contact Xapa on social media for info. We will gladly help you to set up your account.