Today the number of people willing to buy crypto is increasing, even despite the overall market drop and “crypto winter” that has been lasting from the spring of 2022.
It is normal that the crypto market follows trends, moving up and down from time to time, and it is not a secret that the next trend will be upward.
That is the reason why many people are now looking for the most promising digital assets to buy and hold long-term with the perspective to multiply their investments during the next bull run, which will quite possibly start in 2023.
So in this article, we will offer a cryptocurrency beginners guide on how to buy crypto.
Guide to Buy Cryptocurrency
First of all, you need to select a digital asset you want to buy. Suppose it will be Ethereum, for it is really only one of the most promising projects to invest in. Next, select the way to buy crypto.
That may be many different options, for example, you may address a crypto broker, you can use cryptomates, or you can buy crypto online. We offer to use the safest option – buy digital assets using an online crypto exchange. Let’s put it into WhiteBIT.
Here are simple steps to follow:
- Create an account and verify it. It will take just a couple of days and if you are a Ukrainian, use the Diya app, which will take much less time.
- Add your bank card and move funds to your trade account on WhiteBIT. Check out the fiat currencies supported (euros, dollars, pounds, etc.).
- Find the crypto converter and select the currency you have (fiat or crypto) and ETH. Then indicate the sum you are willing to spend, and you will see how many ETH you can afford.
- Below, you will see the up-to-date price for your trading pair.
Once the fee is paid, you receive ETH in your account. In the same way, you may sell ETH and convert it to any other digital or fiat money. That was a simple cryptocurrency guide on beginning your journey in the crypto world.