How to buy bitcoins when you know nothing about it?

How to buy bitcoins when you know nothing about it?
 Getty

While it has just beaten all its records at the beginning of the year, bitcoin is increasingly interesting to the general public. Today, you don't have to be a geek or a trader to buy cryptocurrency. Bitcoin is accessible to everyone, provided of course that a few basic rules are followed.


People are becoming more and more interested in crypto-currencies, but are not always sure how to go about buying them. The easiest way to get started is to register on a cryptocurrency exchange platform, which are mostly very simple to use. The best known are called Coinbase or Coinhouse, accessible on the web and via dedicated mobile applications.


Once registered, you will have to validate your identity and then enter a means of payment and collection to then convert your bitcoins into euros. In both cases, you can opt for a direct debit to an account or a credit card number. Beware, fees are usually charged for each transaction, and they are usually higher for transactions via a card.


For beginners, it is advisable to invest first in bitcoin, the most recognized cryptocurrency and the one that is currently experiencing the most exponential growth. You can start with just a few dozen euros, before moving on to more calculated purchases of other popular cryptocurrencies. There are dozens of them, including some wacky ones, but they can pay off big in the long run.


Even though its price has been soaring and breaking record after record for several weeks and it is sometimes considered a safe haven, investing in bitcoin remains a risky business. Be careful not to be seduced by fancy online offers and fractions of bitcoins offered.

Next Post Previous Post
No Comment
Add Comment
comment url