🎁 Crypto market platforms → The 5 Best Exchanges
In recent years, many people want to buy cryptocurrencies but don't know how.
So today I will show you the best way to do it step by step.
Without further ado let's go straight to the guide.
Table of Contents
Cryptocurrency Exchange
The first thing we should find is a cryptocurrency exchange.
Now if you don't know what it is, let me explain in simple words:
A cryptocurrency exchange is essentially an online platform that allows users to buy, sell, and exchange various types of cryptocurrencies. Think of it like a stock market, but specifically designed for digital currencies like Bitcoin.
In what simple words in one exchange you can convert EUR, USDT to Bitcoin, Ethereum, Ripple and many other cryptos.
Now to buy your first cryptocurrencies you should first find an exchange that has some basic criteria:
- Easy access:
- Variety of cryptocurrencies
- A Safe and Secure Haven
- Card
- Easy deposit
After much research and analysis one of the best cryptocurrency exchanges is the of Bybit exchange.
Now let's go to the next step where I will show you how to register
How to register on Bybit
Registering with Bybit is a quick and easy process. Follow the steps below to create your own account:
Step 1: Visit Bybit official website
- you should go to the official website and register https://www.bybit.com/
Step 3: Complete the registration form
- You will be asked to fill in the following information:
- Email address: Use a valid email address that you have access to.
- Password: Create a strong password that includes a combination of upper and lower case letters, numbers and special characters.
- Invitation code (optional): If you have an invitation code, enter it here to receive additional benefits.
- Click on “Get My Welcome Gifts".
Account certification
It will then ask you to verify your account with identity card or driver's license which will not take you more than 5 minutes and the process is very simple and easy to use. Detailed guide from Bybit official website.
How to deposit money
If your account verification is completed successfully it's time to make our first deposit to buy cryptocurrencies.
Today we will see step by step two options the SEPA and Card deposit method.
Deposit with SEPA
Once you are on the home page you will press Deposit and after Fiat Deposit.
You will then select your local currency, the money you want to deposit, you will choose the SEPA method and you will press Continue.
And what you're going to do is go to your bank's website, and you're going to put it in IBAN and beneficiary the reason for sending.
Within the next 5 minutes the money will have arrived with 1 EUR Fee.
Deposit by Card
The next deposit method is the card and it is even easier because it gives us the option to buy cryptocurrencies directly.
You will press it Buy crypto you will select your local currency and put the cryptocurrency you want for example, Bitcoin or Ethereum or if you want to buy a stable token you can USDT.
You will select the option bank card and then Add card to add the card you want to make the payment.
and that was you will press confirmation and within 1 minute the money will be in your account.
How to buy cryptocurrencies
In the way above that I showed you which is very easy, unfortunately it does not have all the cryptocurrencies if we want to buy a more sophisticated one.
What we need to do now is to have initials USDT, if you sent EURO from SEPA and you have EUR let me show you how to convert them to usdt.
In the search you will write USDT/EUR and you will press the first one.
Then you will select the option Buy then the market and you will choose the euros you want to sell to buy USDT and you will press Buy USDT.
And that was you now usdt.
Now let me show you how to buy another cryptocurrency
you will go to search again and type ondo and select it ondo/usdt (spot)
Now to buy the ONDO token you will press it Buy, then market to buy directly.
you will put in the money you want and press Buy Ondo
Of course in the same way you can also sell them instead of Buy you will press sell post market, you will select the ondo you want to sell and press sell ondo
This was the guide on how to buy cryptocurrencies and I hope you found it useful.
LIABILITY DISCLAIMER:
Cryptocurrency trading is VERY risky. Make sure you understand these risks if you are a beginner. The Information in the post is my OPINION and not financial advice. You are responsible for what you do with your money.
Affiliate Disclaimer:
The above links to the services mentioned may be affiliate links. If you use the service through them then you help the BitsounisProject to continue to exist, at no extra cost to you.
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