Recommendations on Buying Cryptocurrency

Cryptocurrencies are digital assets with no physical form, that have the same application scope as traditional money, surpassing them in many cases. Crypto provides fast money transactions at any point in the world with no delays and no huge commissions inherent to traditional banks system.

Crypto serves for financial settlements between companies and customers. Many online stores accept digital coins as a payment method. People buy crypto for trading and investment. Digital assets are widespread in blockchain games and metaverses. NFT marketplaces are evolving, bringing more and more artists and crypto enthusiasts to the crypto industry.

When you think about buying crypto, pay attention to these factors:

  • the essence of the project, its usefulness, and technological content;
  • reputation of developers and their background;
  • the asset’s price;
  • the history of the asset’s price, how it changed and what impacted its growth and drops;
  • listing on popular crypto platforms.

How to Buy Crypto Online?

You can use centralized or decentralized exchanges for buying crypto. Both types are popular among traders. However, decentralized platforms might be somewhat tricky for a beginner user. So we recommend using centralized platforms. It may be, for example, WhiteBIT, Binance, Coinbase, etc. Our pick is WhiteBIT, for it is the most user-friendly among the listed platforms. WhiteBIT has an intuitive interface that can be modified to a user’s liking.

The platform offers over 400 crypto pairs and constantly adds new up-and-coming projects. The White Blog is a standalone resource that includes numerous articles describing crypto projects, their essence, advantages, earning opportunities, etc. Also, you will find guides on how to buy crypto online and how to trade.

WhiteBIT offers a passive income option – smart staking. The essence is buying cryptocurrency and locking it on the exchange for a while. In return, you receive interest in the form of coins additionally accrued in your account. Check out this opportunity to receive a profit on White Blog.

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