What do you need to know in order to buy crypto with Visa? Where to store them anonymously? And what risks does the fast converter have?
Buy and Sell Crypto on Switchere.com
There are three best ways to invest in digital assets instantly. The first of them is to buy crypto with credit card using crypto exchanges such as Switchere.com, Bitfinex, Exmo, and others. To do this, create a secure account online and convert the Euro and USD to it. However, a fee is taken for depositing funds from the exchange; on average, it ranges from est 3% to 5%. But, Switchere.com has the lowest fees if you want to buy cryptocurrency with debit card via their website. They have the easiest registration and instant ID verification on the site.
An alternative way to purchase cryptocurrencies with a credit or debit MasterCard and Visa is to use easy exchange services. They make it possible to buy and sell digital coins using a bank card, electronic payment systems, and cash.
The third way is to buy cryptocurrency with credit card from hand. You can send them from other users for cash or by bank transfer.
Where to Store?
You can keep digital coins on cryptocurrency exchanges – this is the most convenient way and place. In this case, if the cryptocurrency rate starts to fall or rises sharply, it can be immediately exchanged for fiat money or stablecoins – coins with a fixed price, usually pegged to the dollar.
At the same time, it is believed that keeping digital and traditional money on crypto exchanges is not safe. All the largest sites lost customer funds as a result of hacker attacks. However, the Swithere.com website has the biggest security system and guarantees that you can get a prepaid BTC and buy crypto with MasterCard safely.
You can also store digital assets in a browser-based crypto wallet and use it in applications on your phone or computer. Some of them provide the ability to pay for goods and services using cryptocurrencies or exchange them for traditional money and other coins.
It is safest to keep cryptocurrency in cold wallets. This method implies that the investor will store a file on his computer or on a USB flash drive, without which it is impossible to access digital coins. But in this case, the user will lose the ability to respond quick to market fluctuations: it will take time to buy crypto, transfer assets to the exchange or sell them using exchange services.
All methods of acquiring cryptocurrencies have their own risks. The most unsafe is buying coins “on-hand”. A future investor may turn to an attacker who will exchange at an overvalued rate, sell the wrong assets or cheat. The situation is aggravated by the fact that now the sphere of digital assets is poorly regulated by law, so it is unlikely that it will be possible to return the lost funds through the court.
There is also a risk of losing your investments when buying coins with the help of exchangers. There are many similar services, and it is likely that when choosing one of them the future investor will come across an unscrupulous agent or a scammer.
When investing in cryptocurrencies through trading platforms, you should use only the most famous of them – they are more reliable. Switchere.com is one of the safest places to keep your coins!