Now that the crypto market shows a downward trend, many people try to get rid of their assets. Some Bitcoin holders exchange BTC USDT in order to hedge risks in this bear market; others, on the contrary, buy cryptocurrency using the advantage of the low price. In this article, we will talk about cryptocurrency to buy now and why.
It’s not a secret that Bitcoin is the most popular digital asset in the world. This cryptocurrency shows stable growth starting from its creation in the long-term perspective. That is why even amidst the best market trend, many investors buy Bitcoin to hold it for the long term until the market trend changes.
Another reason why Bitcoin is in demand even when the whole market collapses is its high level of liquidity and daily trade volume. This is the most often used coin. Unlike smaller crypto assets that break amidst a downtrend, BTC seems to be the most promising and stable. Let’s talk about ways to get BTC.
Where To Buy Cryptocurrency?
There are a few ways of how to get Bitcoins:
- Cryptocurrency exchanges
- Peer-to-peer exchanges
- Bitcoin ATMs (if you have some in the place you live in)
- Brokerage firms
- Payment services such as Paypal
The easiest and most reliable way to sell and buy Bitcoins is using a centralized crypto exchange. Examples of such platforms are White BIT, Coinbase, Kuna, etc. Centralized exchanges operate officially. To buy BTC, you do not necessarily have to pass KYC verification – spot trades are available without it on almost all platforms. However, if you want to take advantage of all the features and tools, participate in staking programs, practice futures trading, etc, you will have to pass KYC.
Centralized platforms are user-friendly and offer a lot of earning opportunities and passive income options for users. They are focused on client security and implement complex mechanisms of protection against hacker attacks.
