The Easy Way to Buy Crypto and Earn Your Dreams of Cash

What Is Meant by Cryptocurrencies?

Cryptocurrency is a currency that is only available digitally and uses cryptography to ensure its security. Cryptocurrency is available in an integrated blockchain system that can be accessed by anyone who wants to enter it.

Digital currency has been around since 2009 as evidenced by the birth of Bitcoin (BTC), but buying and selling crypto grew rapidly at the start of the pandemic yesterday which made cryptocurrency companies have an increased capitalization.

This is also what makes many Indonesian cryptocurrency platforms appear more and more. How to buy cryptocurrency in Indonesia is also easy. You will no longer be confused about entering the crypto market in a safe way.

Pros of Crypto Investing

Basically cryptocurrency can develop as an asset because of its several advantages. Here comes the explanation.

#1. The big advantage

The fluctuations in cryptocurrency values ​​are very high, increases can be even further above 100%. However, so is the drop in price.

For that here you can take a lot of profit when the crypto market is green or experiencing bullish. When can it happen? You can't predict it precisely because at any time it can happen. You need to monitor the crypto market simultaneously.

#2. Crypto market that is open 24 hours

You also don't need to be afraid of losing moments because this crypto market is open 24 hours. Those of you who work, can start entering the crypto market after work or during holidays.

You just have to spend as much time as you can because there is no benchmark schedule. Most importantly you never miss the latest news regarding cryptocurrencies.

#3. It is universal

Cryptocurrencies are valid all over the world. Those of you who want to transact from outside also need to provide capital with the appropriate value.

You can even use cryptocurrencies in various e-commerce that allow payments with cryptocurrencies. Usually this e-commerce is present abroad.

#4. Security is guaranteed

In Indonesia, the existence of cryptocurrency has been recognized by the government, so you can freely transact cryptocurrencies safely on legal platforms.

Legal platforms are various types of cryptocurrency applications whose presence has obtained OJK permits.

How to Buy Crypto

This method of buying cryptocurrency can be practiced by anyone. The first thing you need to prepare is the purpose why you want to buy it. If you have set that goal, here are the ways to buy cryptocurrencies that you can find out.

1. Choose a licensed cryptocurrency platform

The first way to invest in crypto for beginners is to make sure the platform chosen is licensed by BAPPEBTI. This means that the platform has passed the assessment selection and is allowed to operate.

However, their actions are still being monitored, so that if there is an imbalance you can report it to the government.

2. Select the desired type of coin or crypto token

There are thousands of coins and tokens to choose from on the crypto market. You can choose what you find interesting.

If what you choose is a new token, make sure it is registered with BAPPEBTI so you can make transactions safely.

3. Make sure the availability of the number of coins

Each platform provides coin and token quotas with different amounts. Make sure the coins or tokens you are after are available, so you can buy them according to the capital you have prepared.

4. Choose cryptocurrency that is cheap

There's nothing wrong with choosing a cryptocurrency whose price is still affordable because for you crypto, the price may rise in the future. A price increase on that cryptocurrency is very likely. You just have to choose the right cryptocurrency.

5. Want to learn more about cryptocurrencies

Once you dive into the dynamic world of crypto, you may find a lot of surprises. Here you have to be willing to accept these new things in order to be more developed, especially if you already intend to get involved in the crypto market.

In the future there will definitely be developments from this cryptocurrency as well. You certainly have to be willing to accept the change and be ready to deal with it.