The Step-by-Step Approach To Secure Bitcoin Acquisition And Investment.steemCreated with Sketch.

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"The Step-by-Step Approach To Secure Bitcoin Acquisition And Investment."

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Hello everyone, greetings, I will explain to you the method of how to buy Bitcoin in a simple and safe way and why investing in Bitcoin is considered a financial decision method.

Why invest in Bitcoin?

  • I will analyze how Bitcoin combats inflation by having a limited supply of 21 million coins, unlike traditional currencies like the euro or dollar, which can be printed endlessly, leading to a decrease in value.

  • Making an analogy with automobile markets, how for example the increase in the supply of identical Lamborghinis decreases their value, similar to how more money in circulation reduces their purchasing power due to inflation.

Bitcoin as a hedge against inflation?

  • With only 21 million possible Bitcoins, Bitcoin is compared to digital gold due to its scarcity and inability for unlimited creation, in contrast to fiat currencies subject to constant printing.

  • Companies increasingly using Bitcoin as a store of value and investment funds including it in their portfolios highlight the growing acceptance and utility of Bitcoin beyond speculative investing.

Safe Bitcoin Purchase?

This part focuses on the importance of choosing a secure platform to purchase cryptocurrencies like Bitcoin and highlights CoinBase as a reliable option.

Importance of secure platforms?

  • The overabundance of options to buy Bitcoin can cause confusion; Selecting a safe and simple method is crucial for the ease and security of transactions.

  • (CoinBase) is recommended as a reliable platform with extensive experience in cryptocurrency trading since its inception. It offers services for buying, selling and securely storing cryptocurrencies with insurance coverage against loss.

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Create an account on CoinBase?

  • Step-by-step guidance is provided on how to create a CoinBase account. You get additional benefits, such as receiving $10 in free Bitcoins when you register, easy and simple, and best of all, secure.

How to buy cryptocurrencies with CoinVeis?

The process of purchasing cryptocurrencies using CoinVeis, emphasizing the importance of being over 18 years of age and following legal procedures.

Purchase process with CoinVeis?

  • When registering with CoinVeis, users are asked if they want personalized advertising emails.

  • CoinVeis requests detailed personal information due to its commitment to legal compliance and security.

  • Using CoinVeis stands out as a safe option due to its professional approach and compliance with financial regulations.

  • Users are required by law to provide information on expected cryptocurrency trading amounts annually.

  • Identity verification through documents such as a passport is mandatory for financial regulation purposes.

Exploring the CoinVeis platform?

This part delves into navigating the CoinVeis platform after successful registration, showing the easy-to-use interface of its mobile app.

Platform features?

  • The platform displays wallet balances and offers an affiliate program for referrals.

  • There are several cryptocurrencies available on the platform in addition to Bitcoin, which encourages users to explore and learn about different options.

Wallet and Trading functionality in CoinVeis?

This segment I focus on the management of wallets, commercial options and purchase processes within the CoinVeis platform.

Wallet management and trading?

  • Users can view their Bitcoin balance, transaction history and easily buy or sell Bitcoin on the platform.

Buying and selling cryptocurrencies?

The process of buying and selling cryptocurrencies, emphasizing the importance of payment methods and fees associated with transactions.

Buy cryptocurrencies?

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  • Select payment methods:

  • For small amounts like $100, using a credit card is fast. For large investments ($500 or more), bank transfers are recommended to avoid high fees.

  • Payment options:

  • Paying by credit card carries fees, while bank transfers are free. Adding a bank account for payments involves providing the necessary details for transfers.

Sell cryptocurrencies?

  • Conversion from cryptocurrencies to fiat currency:

  • How to convert cryptocurrencies to dollars or any other currency by selling them on the platform.

  • Withdrawal process:

  • After the sale, funds can be withdrawn by selecting the amount in $ or cryptocurrency you wish to sell. The platform displays the total amount after deducting fees.

  • Completing the withdrawal:

  • Once the conversion is complete, withdrawing funds involves accessing the wallet in $ or your preferred currency and initiating a withdrawal request. very easy and safe.

✅ Vote @bangla.witness as lead witness please.

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This article is written by @OscarDavid79 free of copyright

Weekly Count Publication #1 Thursday 28 / March 2024 / Time 03:18 pm.


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Upvoted! Thank you for supporting witness @jswit.

Thank you for supporting

Gracias por apoyar

Very detailed and comprehensive. Many are confused as to where they can carry out seemless transaction of Bitcoin such as buying and selling. Your post has shed more than enough light in this aspect. I might just be trying coinbase someday.

Hello, thank you very much, that is the idea of informing society with details in this case that people open their wallet or digital wallet of preferences and can invest in cryptocurrencies, I give an example of bitcoin.

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