Cryptocurrencies are digital assets with the same features as traditional money – you can purchase goods and pay for services in crypto, use them for investment, etc. However, the scope of application of crypto assets is expanding: now we can see numerous crypto platforms emerging on the Internet. These are metaverses, NFT marketplaces, blockchain games, DeFi projects, etc. Amid the popularization of crypto assets, many people think about buying crypto. In this article, we will explain how to do it.
Things To Consider When Buying Crypto
If you are looking for crypto assets to buy, we recommend considering the top 10 cryptocurrencies on the rankings. They include Bitcoin (BTC), Ethereum (ETC), Polkadot (DOT), Solana (DOL), Ripple (XRP), and other projects worth our attention. The top cryptos have the biggest market capitalisation and trade volume. Before you buy crypto, analyze a project on your own. Here are some points for analysis:
- The project’s developers’ reputation and background.
- The essence and importance of the project in terms of technology.
- Listing on popular platforms.
- Price.
- Partners and early investors.
How to Buy and Sell Crypto?
When you pick crypto to buy, you need to find a credible and reliable platform. We recommend considering the WhiteBIT exchange – the largest service for crypto trading in Europe. The platform functions under European jurisdiction and complies with all the regulators’ laws. It ensures users’ safety and funds security.
To buy crypto online, you need to register an account, verify it, deposit coins from your crypt wallet or if you have not got any coins yet, use your bank card and move fiat currencies to your WhiteBIT account. Then enter the “Trade” section and pick the asset you wish to buy. See the fee (0,10%), pay it, and receive crypto coins in your account. Similarly, you can convert coins back to fiat and withdraw them to your card. Buying selling cryptocurrency is easy on WhiteBIT.