How to Get Started with Bitcoin Investing
How to Get Started with Bitcoin Investing – Today bitcoin investment has become one of the most popular investments and has a lot of interest spread throughout the world.
Investing in Bitcoin or other digital currency (cryptocurrency) is an interesting thing to do because it can provide very high returns in a short time.
However, how to buy Bitcoin and other cryptocurrencies? Here are tips to buy Bitcoin cs easily through crypto exchanges.
1. Find the right crypto exchange
The exchange is a place that brings together sellers and buyers of investment assets. Like exchanges in general, cryptocurrency exchanges act as a container for buying and selling cryptocurrencies.
Today there are countless cryptocurrency trading companies. However, only 13 are registered with the Commodity Futures Trading Supervisory Agency (Bappebti). They are PT Crypto Indonesia Berkat, PT Upbit Exchange Indonesia, PT Tiga Inti Utama, PT Indodax Nasional Indonesia, PT Pintu Kemana Saja, and PT Zipmex Exchange Indonesia.
Then there are PT Bursa Cripto Prima, PT Luno Indonesia LTD, PT Rekeningku Dotcom Indonesia, PT Indonesia Digital Exchange, PT Cipta Koin Digital, PT Trinity Investama Berkat, and PT Plutonext Digital Aset.
2. Compare each exchange
Before buying crypto assets, it’s good to pay attention to every condition that exists in each exchange. Usually there are several things that are different in each cryptocurrency trading platform, for example, what coins are being traded.
In addition, it is also important to pay attention to fees in transactions to the availability of customer service because each exchange has different rules.
3. Create an account
If you have found the right cryptocurrency exchange, the next thing that needs to be done is to create an account on that exchange.
In creating an account, you will usually need to verify your email address and identity. Like registering with a bank online. Therefore, it is necessary to prepare self-identification photos and cell phones with good internet networks.
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4. Make a deposit
After the account is verified, the user / customer can deposit the funds they want to invest in cryptocurrency.
Funds deposited are in the form of fiat currency or currency that is used daily. This method of replenishing funds can be done via bank transfer, debit card, to credit card, depending on the services provided by each exchange.
5. It’s time to buy Bitcoin cs
After the funds have been transferred successfully, the next thing is to purchase the desired cryptocurrency. Usually, cryptocurrency exchanges allow small purchases, for example starting from just IDR 100,000.
The process of buying cryptocurrency using a digital exchange is not difficult, it is enough to click the buy button and fill in purchase data, such as the type of digital coin purchased to how much money you want to spend on that coin.
However, it should be noted, the movement of cryptocurrencies is very fast. Therefore it is advisable to be careful before buying, and it is better to make purchases when the price is low.