Buying Cryptocurrencies and choosing the right exchange
Investing in Cryptocurrencies may appear complicated at first, but it becomes more straightforward once you break it down into parts. For example, Cryptocurrencies investment or trading Bitcoin requires a service or an exchange account to start with when you don's own crypto currencies yet and want to swap your fiat currency in crypto, while additional secure storage methods are advised.
A cryptocurrency exchange account, personal identification documents if using a Know Your Customer (KYC) platform, a secure internet connection and a payment method are all requirements for ambitious Cryptocurrencies investors. It's also a good idea to have a personal wallet separate from your exchange account.
Bank accounts, debit cards and credit cards are all acceptable payment methods to buy Cryptocurrencies. They can also be obtained through Cryptocurrencies ATMs and peer-to-peer (P2P) exchanges. However, starting in early 2020, Cryptocurrencies ATMs progressively required government-issued identities.
Furthermore, Cryptocurrencies are incredibly volatile, but if you're willing to take the risk, make sure you know what you're getting into and have a crypto investment strategy in place. Also, make sure you're not investing just out of a fear of missing out.