With the development and expansion of the blockchain industry, the emergence of new crypto assets has become significantly intensive. We can see numerous new tokens and coins, NFTs, and other crypto assets coming to the market.
One of the distinguishing features of digital assets is incredibly high volatility. Look at cryptocurrency prices live using any popular crypto service, and you will see that they constantly change, moving up and down. Those crypto price fluctuations open the space for making a profit for traders, including crypto market makers. That is, buying and reselling coins at a higher price brings financial benefits.
Many people have become interested in the crypto field and trading, so they strive to become a part of it. There are some options for becoming an owner of crypto:
- Purchase it in a crypto exchange.
- Receive it for free.
We will discuss how to purchase cryptocurrency a little bit later. And now we would like to talk about the opportunity to get it for free. The fact is that many young projects attract a community of users by offering them tokens or coins for free. That is called airdrop – a free token distribution when all willing receive coins for free. Such actions are not only done at the project launch stage. Large and established crypto platforms also do airdrops to increase the number of users and attractiveness. Also, many blockchain game projects offer tokens as rewards for progress in a game. And now, let’s talk about how to buy cryptocurrency.
Which Exchange to Pick for Buying Crypto?
Here are the most common options for buying crypto:
- Centralised cryptocurrency exchange
- Decentralised platform.
Both those exchange types are suitable for trading. However, we recommend starting with a centralised platform because it is much safer and more convenient than decentralised services. For example, you may try the WhiteBIT exchange, Europe’s biggest official crypto service. Novice traders notice it’s an intuitive and user-friendly interface and convenient tools that can also be used on smartphones.
The WhiteBIT platform offers up-to-date crypto prices, low transaction fees, and a robust safety level for users’ investments and data. You can practice buying digital assets using a demo account on WhiteBIT.
