It is becoming easier and easier to buy cryptocurrency in 2022. The number of sites that offer the purchase of crypto has increased sharply in recent years, there are several dozen. However, you must carefully select the platform on which you will buy them according to several criteria: the means of purchase available, fees, cryptocurrencies available for purchase, the volume exchanged, etc.
● The first step is to register on a platform
● It will then be necessary, for the most part, to verify your identity
● You can then deposit funds via card, PayPal or bank transfer
● Select the cryptocurrency(s) you want to buy (
strong price here)
● Place your orders to turn your money into cryptos
Which cryptocurrencies to buy?
It is complicated to make this decision for you. You must make this choice in your soul and conscience, do not let yourself be influenced. Do your own research to determine if a project seems interesting to you. Many projects will disappear in the coming years, so you have to choose your cryptos well and carefully follow their evolution. At the time of writing this article there are more than 10,000 different cryptocurrencies, complicated to make a choice among all these. The higher the capitalization of cryptocurrencies, the less likely they will disappear overnight, even if this is not a guarantee of reliability!
Purchasing cryptocurrency with a credit card is a fast and convenient method, as the transaction is typically instant. However, it’s essential to monitor the fees closely, which can range from around 1% to 5%, depending on the platform. You may also incur international bank charges, depending on both your bank and the platform, so it’s worth verifying these details when you
buy Ethereum with credit card.
While bank transfers might reduce fees, credit card purchases are ideal if you need the crypto quickly, as several platforms support this option.
The two most reliable cryptocurrencies currently are Bitcoin (BTC) and Ethereum (ETH).
Buy crypto by credit card or PayPal
The purchase of cryptocurrency by CB is possible and it is the fastest method because the purchase is instantaneous. On the other hand, it is necessary to carefully monitor the fees that will be applied, which vary between about 1 and 5% depending on the platform. You may also be subject to international bank charges depending on your bank and that of the platform, watch this carefully when you buy them. To pay less fees it is better to redirect to a bank transfer, but if you are in a hurry this solution is ideal. Some platforms offer the purchase of cryptos by credit card.
Which banks to buy cryptocurrencies?
Almost no bank offers the purchase of crypto directly via its site or application. Boursorama allows you to view your cryptocurrency balance through collaboration with a third-party partner that aggregates data from other exchange platforms. It is therefore not possible to buy cryptocurrency directly through your bank. On the other hand, you can make a transfer from your bank to an exchange platform to buy crypto. Some banks are known to be stricter than others, but this even varies within banks depending on your branch and advisor. Some will ask you to sign a paper, a discharge, to ensure that you have understood the risks so that you cannot turn against them in the event of loss of funds.
Other ways to buy cryptocurrency
There are other possibilities apart from going through exchange platforms.
Exchange counters
In some cities it is possible to go to a specialized institution to exchange euros for cryptocurrencies. These are premises with counters, you can exchange with humans who can guide you. Fees are generally higher than online. Ensure by checking the
ersdl price.
Between individuals
Platforms such as Paxful or LocalBitcoins make it possible to connect individuals who want to buy or sell cryptocurrencies. Nevertheless, pay attention to scams, favor a physical exchange in a passing place to avoid any problems.
Buy cryptocurrencies anonymously
There is almost no longer any platform that allows you to exchange euros for cryptos anonymously. The latter are reserved for computer enthusiasts and it is better to avoid making mistakes. It is better to favor known and reputable platforms to avoid scams or errors.
