There are thousands of crypto assets in the world, and as the industry is rapidly developing, they grow in number. When you decide to buy cryptocurrency for the first time, you face difficulties because:
- you have no idea what asset to pick;
- you don’t know the trusted services;
- you have no clue what you will do with your investments next.
So, to do things properly, you need to find the answers to these questions. Let’s consider these issues in this article.
Which Crypto to Buy
Wondering what cryptocurrency to buy, you can follow trends or analyze them on your own, or you can read the reviews and recommendations of credible companies. For example, the WhiteBIT crypto platform has a blog. There, you will find a lot of helpful information about the crypto industry, guides on buying digital assets with fiat, and how to pass KYC. Also, the White blog posts information about activities for the exchange clients, quizzes, winners, and rewards.
You can find a lot of useful educational materials, so valuable if you are a beginner investor.
Regarding which crypto to buy, of course, Bitcoin is the most promising asset because it shows stable growth in the long term. However, other than Bitcoin, WhiteBIT recommends these assets:
- Binance Coin
We smoothly turn to the platforms where cryptocurrency purchase is available.
Credible Exchanges for Cryptocurrency: Buy and Sell
The WhiteBIT exchange offers over 400 crypto pairs, of course, including the most popular assets. Besides, the service allows to buy cryptocurrency with fiat money. You can use your bank card, and keep in mind that banks charge fees for such transactions. If you are a Monobank client, the fee is zero.
WhiteBIT offers numerous earning opportunities, such as trading with leverage, spot, p2p, etc. Also, you can receive passive income, leaving your funds on the exchange, which is called staking.
The next topic we want to discuss is what you do with your crypto when you buy it? There are two options: become a trader or invest for the long term. If you want to try yourself in trading, you can take advantage of a demo account. It allows you to practice trading strategies and actually understand if trading is something you would like to do or maybe not your cup of tea. Using a demo account, you do not risk losing your funds. Such an option is available on the White BIT exchange.