We have all seen in the recent headlines about the meteoric rise in the value of Bitcoin and other cryptocurrencies. There have been numerous reports of people who purchased $5 worth of Bitcoin just seven years ago, and now they have made more than $4 million.
You may have also thought about investing in bitcoin, but you don’t know where to begin. No need to worry, we will show you the way. We aim to clear up some of the confusion that surrounds investing in Bitcoin. Read on to learn how you can bypass all the complications and how to invest in Bitcoin or other cryptocurrencies – today!
Years ago, cryptocurrencies, like Bitcoin, were only accessible to the tech experts who used their software programming abilities for performing those time-consuming tasks and actions, like the “mining of cryptocurrency.” Those who adopted cryptocurrencies at the early stages, they were also the ones who later built the initial “cryptocurrency exchanges.” These initial cryptocurrency exchanges were for exchanging the mined cryptocurrencies for cash.
The rapid growth of requests from new users overwhelms these exchanges which is a problem. The result of this issue is that the exchanges suffer from a number of shortcomings. Firstly, the exchanges have not been designed to withstand high capacity. Therefore, to get approved, you’ll be on a long “waiting list.” This waiting list can sometimes take several months. The result of this is that you’ll never buy at the price that you see listed today, and then often it will be too late.
Secondly, these exchanges lack adequate customer support. Often, there’s no one to talk to if you have any technical issues, or if you are just looking to talk to an agent regarding the withdrawing your cryptocurrency as cash. Finally, and perhaps the most important, the exchanges lack imperative security features and proper regulation. If they suddenly disappear with your cash, then there is almost nothing that you can do about it.
For these reasons, up until just recently, the buying of cryptocurrencies like Bitcoin, was the sole domain of the tech-savvy, the brave, and the reckless. But no more.
Is there an easy and safe way of investing in Cryptocurrencies?
Yes! The already-established financial industry realized that there was an increasing need for cryptocurrencies and it answered the call. The reputable brokers took it upon themselves to provide an all-in-one service to buy and sell CFD contracts in the cryptocurrency market. Once they have opened an account with a broker, people can immediately invest in cryptocurrencies for as little as $50 with a credit card or even a PayPal account.
The best part is, it means that you can buy cryptocurrencies at the price that you want to invest (without any type of waiting period), with complete encryption. You will have 24/7 support from agents if you have any difficulties or issues, or when you are looking to withdraw your cryptocurrency as cash.
When investing in cryptocurrency through a broker, besides the fact that it’s a convenient and affordable solution, there are other advantages to it, as well. Like with banks, you have an account that’s specified in your name. There are the latest security encryption methods that monitor the account and unlike exchanges, the brokers provide 24/7 customer support via email and chat services. With a broker, someone is always ready to answer questions or to give advice, and support is only a click away. Not to mention, with an online broker, you have immediate access to your assets anytime and anywhere. There is no waiting time to buy or sell. Everything is instant.
Unlike with cryptocurrency exchanges, which usually aren’t very reliable, regulated brokers have physical offices that are populated by employees. These brokers are accountable and are closely monitored at all times by the local financial conduct authority. You are ensured that a broker will adhere to the rules and regulations to keep its operating license and reputation intact. What this means is that, unlike the exchanges, there’s always someone to talk to if you encounter any issue (if any at all).
Furthermore, both you and your funds will always be protected, since the brokers separate the client funds from the company assets, as per the regulatory requirement. In addition, they’re required to have insurance that covers all investment funds. This insurance gives clients an additional piece of mind that none of the other cryptocurrency services can boast. There’s never been such an easy and safe way to buy and sell cryptocurrency.
How to get started with cryptocurrency?
The cryptocurrency world is still growing, and now it’s only a few clicks away! Joining the cryptocurrency network is easy, and you require no prior technical experience. Get started early with the most volatile and lucrative market around today.
Go ahead, choose one of the top cryptocurrency brokers and start investing in your future today!
