Blockchain and crypto assets have become very popular in the modern world. In this article, we will talk about cryptocurrency: where to buy it and how. Now there are many options on where to buy cryptocurrencies. Let’s list them all:
- You can buy coins from the company-developer
- You can use brokers
- Crypto exchangers
- Centralized platforms
- P2P platforms
- ATM
Let’s consider some of the most popular ways to buy digital assets.
A good option is to buy assets directly from the developer. Usually, they sell their coins at the initial stage of the project’s development. And it has some advantages for coin holders. First, some projects give their coin holders rewards for holding assets. So you can receive income from the very launch of the project. There are different reward systems for coin holders where you can receive additional assets.
You can also participate in staking. When holding your coins, you receive passive income in the form of interest. It may be implemented directly by the project or by using a third party, for example, a crypto exchange.
A centralized exchange is one of the most reliable places where to buy crypto assets. Well-known Binance and WhiteBIT platforms belong to a centralized type. They are focused on users’ safety, so they implement complex protection mechanisms. That is, KYC, AML, two-factor authentication, anti-phishing software, etc. Moreover, such platforms allow buying digital assets with fiat currencies.
How to buy cryptocurrency with fiat
This option is available to registered users only. Once you passed KYC and created an account on the exchange, you may add your bank card and transfer fiat money to your account. Then open the block “Trade” and pick an asset you want to sell and a coin you wish to buy. Consider the transaction fee, and check out how many coins you can receive for your fiat amount. Proceed with the transaction and get coins to your account.