Everything you need to know to start growing your money
An investment is the act of allocating resources, generally money, in hopes of earning a reward. You can invest in many ways, like starting a business, or in assets, like buying real estate or cryptocurrencies and selling it later for a profit.
How to buy cryptocurrencies?
How to buy Bitcoin?
Bitcoin is the most sought-after and largest cryptocurrency. Unlike fiat currencies (such as the US dollar, euro etc) Bitcoin is decentralized. When you trade cryptos, you are not dealing with a government or a central authority (like central banks). Discover how to purchase Bitcoins through reliable and reputable cryptocurrency centralized exchanges using different payment methods:
Buy Bitcoin with paypal
To buy Bitcoin with PayPal, you must first create an account or sign up for one. To get started with Paypal, you'll need a credit card/bank account and an email address.
Once it is set up, you can purchase Bitcoin (BTC) or any other cryptocurrency that is available. Whether you use the PayPal app or the website, the process of purchasing BTC is nearly identical.
Buy Bitcoin with credit card
Buying Bitcoins with a credit card is not as simple as it sounds. Some Bitcoin and cryptocurrency exchanges are concerned about fraud, which is why they rarely accept credit cards. However, many exchanges have begun to implement fraud detection services. For safety purposes, make sure to have a Bitcoin wallet ready before purchasing Bitcoin from a BTC exchange with your credit card.
Buy Bitcoin with debit card
Using a debit card to purchase Bitcoins (BTC) was extremely difficult. However, many leading cryptocurrency exchanges have made the process of purchasing BTCs with debit cards easier and faster (for both Visa and Mastercard). There are now numerous methods for funding your crypto exchange account in order to purchase cryptocurrencies. While bank transfers remain the most popular and cost-effective method of purchasing bitcoins, credit or debit cards are also becoming popular.
Buy Bitcoin with apple pay
Apple Pay has become a popular payment method for sending money to friends and family in a seamless and instant manner . If you intend to use this payment method to buy and sell Bitcoin in large amounts, it is recommended that you use the Binance or Paxful platforms. Though Bitcoin can be purchased using a bank, debit card, credit card, or other payment method, Apple Pay has emerged as one of the most popular options for Apple smartphone users.
Buy Bitcoin with bank account
With the help of your bank, you can buy almost anything online. A bank transfer is a very safe way to purchase Bitcoin directly. It is the most secure method available, and the best part is that it has the lowest fee. Depending on your location and the cryptocurrency exchange you use, you can buy bitcoin using SWIFT (an international wire transfer) or a bank transfer. When you buy Bitcoin with this method, cryptocurrency exchanges usually do not charge any fees. They do, however, charge withdrawal fees when you withdraw your purchased Bitcoins and other cryptocurrencies from the exchange to your wallet address.
Buy Bitcoin with cash
When purchasing the most valuable cryptocurrency in terms of market capitalization with cash, make sure you already have a Bitcoin wallet. If you don't have a BTC wallet, make sure you get one whether you buy from a Bitcoin ATM (BATM) or a cryptocurrency exchange. When you buy BTCs from P2P exchanges and sites, or cryptocurrency exchanges, you are usually charged exorbitant fees. Check out the reasons for buying Bitcoin with cash to better understand the methods and concept.
Buy Bitcoin with anonymous
There are numerous methods for purchasing Bitcoins without requiring verification. You can purchase BTCs anonymously using Paxful, LocalBitcoins, or Paxful. In fact, there are places such as BitQuick that allow you to set up accounts anonymously. While these methods allow you to complete transactions anonymously, there are other ways to become completely untraceable.
How to buy Ethereum (ETH)?
In terms of market capitalization, Ethereum (ETH) is the second-largest cryptocurrency. This guide will help you learn more about this cryptocurrency and make an informed decision.
How to buy Binance Coin (BNB)?
BNB is a type of ERC-20 token. It signifies that it is an Ethereum network token. Binance accepts this coin as payment for trading fees. When you use the BNB token, you can get a fee reduction. Binance Coin can also be used to power smart contracts on the Binance Smart Chain BSC.
How to buy Ripple (XRP)?
Ripple (XRP) is a semi-decentralized payment protocol designed for use by major financial institutions. It has a fundamentally stronger real-world use case than BTC or LTC. Investors are flocking to Ripple because it is used by the banking sector to make faster and more cost-effective cross-border money transfers. That is why, in order to make a large profit, it is interesting to buy Ripple with a credit card or deposit funds.
How to buy Cardano?
Cardano is a cryptocurrency network and open-source platform. It employs the Ouroboros proof of stake technology to create a blockchain that is less vulnerable to tampering and thus more secure.
This crypto's underlying technology enables developers to run end-to-end tests on their programs without having to deploy the code. Cardano blockchain is currently one of the most sought-after smart contract platforms. You can trade this digital currency on any major cryptocurrency exchange and not only make significant returns on investment (ROI), but you can also support the project.
How to buy Polkadot (DOT)?
Polkadot (DOT) is an open-source multi-chain sharding network that runs on the Ethereum network. It makes use of Oracle technology to connect blockchains. It aids in the sharing of information across multiple networks and projects. The Polkadot network also aims to create a truly decentralized web by allowing blockchains to communicate with one another.
How to buy Litecoin (LTC)?
Litecoin is a cryptocurrency that can be used to pay people anywhere in the world without the use of an intermediary. It is represented by the symbol “LTC”. To begin trading this cryptocurrency, you can purchase it using fiat currency, PayPal, a bank transfer, or a credit card on any major exchange, such as Coinbase or BitPanda.
How to buy Chainlink (LINK)?
Blockchains do not have the ability to retrieve external data or send data to off-chain systems. The issue with these blockchain networks is that they are extremely secure and reliable. Chainlink addresses this issue by connecting smart contracts to payments, real-world data, and events. The events can be asset prices, shipping data, sports data, weather data, or anything else.
If you want to buy and sell chainlink, the best way to do so is through a cryptocurrency broker. With a few clicks, you can convert your fiat currency or any other digital currency into Chainlink.
How to trade crypto?
NeoMony is a software program that uses your API key to automatically trade on your exchange account, and this automated service requires your API key to function. Which is a password that NeoMony use to log into your account and place crypto orders, allowing the bot to communicate with the exchange much more easily.
All about Crypto Trading Bots
Everything you need to know about crypto trading bot
Crypto Bots for bitcoin trading are a selection of trading strategies, AI-powered programs, that automate cryptocurrency trading on your behalf. They can acquire market data, evaluate it, measure and monitor market risk, and buy and sell bitcoin assets through an easy-to-use interface. It's similar to hiring a professional to handle your cryptocurrency trading while you sit back and watch your profits grow.
Cryptocurrency trading: What is it & how does it work?
Crypto-money trading is to speculate in a CFD trading account on crypto-monetary price movements or to buy and sell the underlying coins through a popular cryptocurrency exchange.
Sell bitcoin: A comprehensive how-to guide
If you're wondering how to sell Bitcoin, this guide will show you how to sell Bitcoin for cash quickly, easily, and at a low cost. It also covers general steps for selling BTC for cash, the best platforms for selling Bitcoin, selling them in each country, and other frequently asked questions about selling and trading Bitcoin.
Earn Bitcoin: What are the different ways to do it?
There are different ways for you to earn bitcoin and also increase passive income streams through real Bitcoin (BTC). Do you want to know what these ways are? Well, you have come to the right place. We will walk you through how you can grow your earnings from Bitcoin with minimal effort.
Bitcoin mining: Everything you wanted to know
Can anyone mine cryptocurrency? Yes, anyone can. This article helps you understand whether bitcoin mining or crypto mining are really meant for you. This question has restarted popping up again as the Bitcoin price bounced back a year back and touched an all-time new high on December 1, 2020. So, without any further ado, let’s check what cryptocurrency mining is, how to do it, what are the different types of mining, and how it is still highly profitable to earn crypto.
Staking cryptos: A comprehensive guide
2020 was the year of Decentralized Finance (DeFi). Cryptocurrency staking played a huge role in the phenomenal growth of the new generation of crypto assets. At the time when the total number of miners on proof-of-work (PoW) blockchains (which involve Bitcoin mining and formation of a block after solving mathematical puzzles and verification of transactions) begin to dwindle (except for Bitcoin), the number of proof of stake PoS coins increased rapidly. Users stake their altcoins for earning fixed interest or yielding farming rewards.
Cryptocurrency lending is a kind of trade where you earn a specific interest rate by lending your crypto, providing people with an amazing source of passive income. There are many crypto lending platforms that facilitate this kind of lending trade facility. Lending crypto coins and the technology behind them are gaining prominence and popularity.
DeFi: Explained for beginners
DeFi is the short form of Decentralized Finance. This term refers to a wide variety of financial decentralized applications in the blockchain or cryptocurrency domain for doing away with financial intermediaries. You can use Decentralized Finance to invest and earn crypto.
Blockchain, cryptocurrency and cross-border banking
The banking industry has praised blockchain technology for the potential it has shown in reducing cost and also making processes more efficient. It potentially underpins many operations. Banks usually prefer to call the blockchain technology Distributed Ledger Technology (DLT) for distinguishing it from the blockchain of Bitcoin. In fact, many banks are carrying out experiments with this technology. Blockchain not only helps in faster and cost-effective cross-border transactions but also in the creation of cryptocurrencies and the possibility to earn digital tokens (including DeFi coins and NFT tokens).
Big tech pushing towards cryptocurrency adoption
The 4 big tech companies of the world including Google, Apple, Facebook, and Amazon are the main drivers of technological innovation. They are among the first technical developers to invest in cryptocurrency and blockchain technology, besides other technologies. These innovations are the main reasons why there has been a major push towards the adoption of digital technologies. Numerous cryptocurrency brokers, services, and applications are now integrating these services.
Do you have to pay taxes on bitcoin and cryptocurrencies?
Yes, Bitcoin and cryptocurrencies are subject to taxation in the United States. The IRS generally levies cryptocurrency taxes in five ways: property exchange, income, mining, capital gains, and dividends/interests. In this guide, we'll go over some of the fundamental concepts behind Bitcoin and other cryptocurrencies. This will help you understand why and how the IRS imposes various taxes on Bitcoin and other cryptocurrencies.
Minimize your bitcoin and crypto taxes
Everyone who trades/invests or plans to trade/invest in Bitcoin or altcoins should be aware of the taxes they must pay/report each year. Reporting our crypto trade gains and losses is a time-consuming task. The complex process also makes us wonder if there are any legitimate ways to reduce our tax liability on bitcoin and other cryptocurrency gains. In this article, we'll go over some of the tricks and tips that can help you save money on Bitcoin and cryptocurrency taxes.
How to invest in cryptocurrencies like a pro or expert?
If you want to invest in cryptocurrency like a pro, you should first assess your risk tolerance. Because the cryptocurrency market is volatile and your investment will be speculative, it is critical to understand your risk profile before investing.
Safe investment: Can bitcoin be safe for investors?
In the last few years, Bitcoin and the crypto market as a whole have matured significantly. However, it has a long way to go before it is widely adopted. However, the return it has provided over the last eight years has assisted many people in reaching their financial goals. Its price has risen from around $100 to around $24,000, a +23,900 percent increase. This means that, in the long run, Bitcoin is not only a safe investment option, but it also provides a significantly higher annual return than all other assets, including preferred stocks, gold, and so on.
Should Muslims invest in bitcoin and cryptocurrencies?
Money is an essential part of everyone’s life. If you are religious and a devout Muslim, money matters can have eternal consequences. Belief systems do impact financial decisions, business perspectives, and economies. Amongst other classic opportunities, like gold, many muslims invest in Bitcoin and cryptocurrencies nowadays. Is it sharia or Islam compliant thought?
Is Bitcoin haram or hallal
No, Bitcoin is not ‘haram’ (forbidden). It is ‘halal’ (permissible or lawful). Therefore, Muslims can invest in Bitcoin and other major cryptocurrencies. There is a significant divide in the interpretation of the Shariah laws by different Islamic scholars when it comes to Bitcoin and other cryptocurrencies. However, we explain why Bitcoin and other major cryptocurrencies are legit commodities as per Shari’a.
Bitcoin wallet: Everything you wanted to know!
Bitcoin wallet is a software program where you can store your bought Bitcoins. Though you can store BTCs in your cryptocurrency exchange too. In case, a crypto exchange is hacked, you’ll lose all your purchased Bitcoins.
Hardware wallet: All your queries answered
Cryptocurrencies need good storage as you need to save them from malicious actors. Hackers, phishers, and other cybercriminals have numerous strategies to steal users’ crypto funds by stealing users private keys. That’s why you should have a strategy to protect your cryptos, like Bitcoin (BTC), Ethereum (ETH), or other altcoins with a wallet.
Bitcoin Paper Wallet: A complete guide
A Bitcoin paper wallet is an offline mechanism to store Bitcoins (BTCs). As there is no physical presence of cryptocurrencies and are mainly software programs, they can be stored in specialized wallets. Most of the available Bitcoin wallets are software programs that use the internet to store the largest digital coin. However, paper wallets are different from hot wallets because they don’t use the internet to store bitcoins.
What is the best Bitcoin Wallet App?
If you are searching for what is the best crypto wallet app or what is the best e wallet for cryptocurrency, you have come to the right page. A Bitcoin wallet app is a software application that stores your BTCs. It is easy to use and reliable. You can keep this software on your desktop computer, laptop, mobile, or all of them. As Bitcoins don’t have any physical existence, you can’t store them anywhere except in specialized software such as these cryptocurrency wallets.