Tuesday, October 20, 2020

Should you invest in Bitcoins?

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What is true is that Bitcoin and digital currencies, in general, are in a constant process of expansion and growth.

It will no longer be difficult to find businesses that accept payments with cryptocurrencies, debit or credit cards that allow you to pay with your balance in cryptocurrencies or you can even find ATMs in establishments that allow you to exchange cryptocurrencies for euros and receive them instantly in your hand.

So what should be done? Jump on the cryptocurrency bandwagon, trust their innovative technology, and bet on them or stay on the sidelines and not risk what could be a financial bubble. The decision is yours alone.

In this article, I will show you the best ways to invest in Bitcoin as well as the best platforms to do it safely and legally.

investing in Bitcoins

Investing in Bitcoin:

One of the most used ways to negotiate and obtain profitability to the volatility of the value of bitcoin is undoubtedly through online trading platforms.

These platforms give any user the ability to trade and trade bitcoins and other cryptocurrencies online without having to buy physically.

In my point of view are the best platforms to invest and operate with Bitcoin (and other cryptocurrencies). All the platforms set out below are totally safe, reliable, legal, and regulated by the corresponding body.

How to Invest Bitcoins?

There are lots of apps and websites out there, where you can invest securely. Let me explain a little bit:

COINBASE

Coinbase is one of the trusted cryptocurrency sites to invest your bitcoin. They have more than 30 million users.

Their system of investment is the fastest, simplest, and more reliable way. Their commissions, of 4%, are not bad at all for the service and tranquility they offer.

How to invest with Coinbase: It is as easy as registering, verifying the account, and buying any of the main cryptocurrencies that offer directly with a card (Bitcoin, Ethereum).

To take into account: According to its website, Coinbase does NOT have the purchase/sale of cryptocurrencies enabled in any country in Latin America except Mexico and Chile; BUT I recommend you try from your country because I have users who have been able to buy from Costa Rica (for example) without any problem.

Bitrockxa

Bitrockxa is a platform where you can invest not only in the value of cryptocurrencies but in a crypto lending fund.

I recommend it because it really is a simple alternative, known worldwide and very interesting to start in the world of investments in general.

How to invest in Bitrockxa: you just have to verify your account, make a deposit, and open purchase order for any of the Fund instruments that they have listed.

To keep in mind :

The minimum deposit is 0.005 Bitcoin (or the equivalent in your local currency).

What is the best way to invest?

The best way to invest your bitcoin is to invest in a bank that provides margin liquidity and earn interest for it.

What is DEFI?

DEFI is a system of decentralized financial systems. As you know bitcoin doesn’t have a centralized system. That’s why we call cryptocurrencies a DEFI Currency system.

Conclusion:

Today there are few people who have not heard at least about Bitcoin or cryptocurrencies in general. Undoubtedly, it is an issue on the order of the day that in any digital medium, newspaper or television they make mention, especially when it breaks price records or it drops in value drastically.

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Teodora Torrendohttps://www.ccdiscovery.com
Teodora Torrendo is an investigative journalist and is a correspondent for European Union. She is based in Zurich in Switzerland and her field of work include covering human rights violations which take place in the various countries in and outside Europe. She also reports about the political situation in European Union. She has worked with some reputed companies in Europe and is currently contributing to USA News as a freelance journalist. As someone who has a Masters’ degree in Human Rights she also delivers lectures on Intercultural Management to students of Human Rights. She is also an authority on the Arab world politics and their diversity.

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