The most straightforward way to earn crypto coins is just like with most things in life – buy them.
Buying cryptocurrency is now easier than ever before.
As the industry gained a lot of popularity in the past few years, its demand increased. Many companies started offering services which enable anyone to easily and safely enter the market.
But how can you buy cryptocurrency?
Buying Bitcoin, for example, can be as simple as going to a Bitcoin ATM and getting it with cash or credit. Though other crypto coins aren’t so accessible, so you can only buy them via crypto exchanges.
But there’s one thing you should consider – transaction fees.
On most of the online exchanges, the transaction fees are updated in real-time, based on the fluctuations of the market. And the fees themselves are pretty low.
ATMs, on the other hand, tend to have high transaction fees. So it’s usually advised to buy Bitcoin (or other cryptocurrencies) through websites such as Coinbase, Binance, or Kraken. And most of the times, the process is really simple.
All you have to do is sign up for an account, verify it, and you’re good to go.
However, some exchanges require verification from your bank, and this process can take up to several weeks.
If you’re in a hurry, you may want to check the sign-up and verification process, or just buy with cash directly.