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How To Buy Bitcoin (BTC) – Easy Way

New to crypto? Here’s our guide for you! We want to make it easier for everyone to buy Bitcoin (BTC)  including Ethereum (ETH), and Litec...

www.giftatoken.com
New to crypto? Here’s our guide for you! We want to make it easier for everyone to buy Bitcoin (BTC)  including Ethereum (ETH), and Litecoin (LTC), Tether (USDT), GIFA Token (GIFX), and Dogecoin (DOGE)—no matter where you live in the world! 

This guide could be the life-changing step toward your most-kept dream and may help you understand every aspect of holding a crypto investment in your lifetime. It is no joke that digital asset is compared to gold noways, because of their inherent nature of store of value. As we walk you through some of the basic steps that beginners need to understand to get started.

The reward of investing in cryptocurrency could free you from these lifelong financial woes, and you should be practical and smart right now, especially when you are just one step away from your financial freedom. Investing in mutual funds, buying gold, or even taking a bank loan risk is also involved. Of course, the risk is everywhere, and this shouldn't hold you back! 

Being in 2021 Bitcoin with the price hitting above $65,000 but there are financial experts from Wall Street, warning people, saying investing in cryptocurrency is risky, because:

  • They don’t understand Cryptocurrency.
  • They don’t understand the financial system.
  • They believe life is all about depends on fiat money.
  • They're too resistant to fundamental changes.
  • They never read about Satoshi Nakamoto.

What you need to start

Get started by registering for a free account - it only takes a few minutes! However, the verification process could take a few minutes to hours. Once you have a verified account, you can go straight to the and buy/sell section. We understand that buying bitcoins can be extremely confusing and frustrating. Luckily for you, this site has ample information to help make buying bitcoins easier for you. Now that you have decided which exchange you would like to trade on, it is time to register an account and get a wallet address! 

Why do I need to verify my identity?

When you buy cryptos through a trusted exchange service, you're interacting with a reputed company. GIFA Token exchange is a compliance trading platform that always requires users to go through proper Know Your Customer (KYC) and other security protocols. These set regulations and rules are the core foundation of the blockchain ecosystem that directs the collection and storage of customer information, including identification like the proof of physical address where you live. The KYC process dictates a mandatory for customers to submit personal photos to prove their identities. After submission, the process may take a few hours or up to a few days to complete. Just be patient!

Payment Methods 

There are several ways you can buy Bitcoin. The best method to buy Bitcoin depends upon which country you are from and which payment methods you wish to use to purchase Bitcoin.  International or domestic bank transfer is commission-free. There are four main methods of depositing local currencies on a crypto exchange. They are: 

  • Bank transfers 
  • Wire transfers
  • PayPal

It often takes several days to fully open and verify an account with an exchange because of the documentation requirements they face. However, once an account is open, it is possible to fund it quickly — via bank transfer, wire transfer, or swap with other cryptos that are held elsewhere — and then buy, sell or make a trade very quickly. 

Once verification with an exchange has been completed and a deposit has been made, it is possible to buy any of the assets that the company listed there: Bitcoin, Ethereum, Bitcoin Cash, GIFA Token, Tether, Ripple, Litecoin, Dogecoin.

After KYC is complete, you should now be allowed to deposit money into your account using the Banking details of the company indicated in the screenshot above. We recommend going via a local bank transfer if possible, but a SWIFT transfer or via a third-party payment processor like PayPal also works. Once the money is deposited, you are ready to buy your first Bitcoin! Remember, you don’t have to buy an entire Bitcoin — you can buy part of a Bitcoin, as each Bitcoin is broken down into 100 million Satoshis! Many smaller coins and assets do not have pairs with fiat currencies like GIFA Token and USD. 

Warning! Never send money without verifying the bank account and name that it’s a real belongs to the company, GIFA Holding LTD. Never send money or transfer funds to an individual online to avoid scammers. Always use the information available on the company's official website (www.gifatoken.com). Be always in constant vigilance for possible fake websites that could be mimicking the GIFA Token's genuine website. If you find something suspicious, please report it to support@gifatoken.com

How much Bitcoin should I buy?

You should use the dollar-cost average technique to accumulate Bitcoin. Rather than buying one-off (There is an advantage when buying the digital asset while it is in DIP) is ultra-low, you should buy at regular intervals. You can buy any amount starting from $5 to any higher amount of your choice. You can buy Bitcoin up to 8 (0.000 000 01) decimal points. 

Note:

  • You can buy a fraction of Bitcoin. For example, 0.1 BTC or 0.0023 BTC.
  • You can buy crypto worth $100 or $10000.

I know a lot of people who thought of buying Bitcoin when it was $300 and then when it went to $3000. Every time people make an excuse saying, it is too costly and it is not regulated or it's not supported by the government, and so on — definitely they will be missing out. So, if you are thinking to be one of the people who think differently and understand why digital currency is the next big thing in the future, should act now.

Should I keep my Bitcoin on the exchange?

GIFA Token crypto exchange allows users to store their cryptocurrencies directly within their GIFA Wallet provided, which is probably the most convenient way to store and hold the 7 supported cryptos. Alternatively, if so wish you can transfer your bitcoin and other cryptos you have just bought to an external wallet of your choice. 

However, if you want to hold your digital assets as an investment or buy in large amounts, it might be wiser and simpler to hold your asset on the exchange. But, if you plan to do something else with your cryptocurrency like buy goods online, then you ought to hold the coins up to yourself. 

To do this you will then require to buy a hardware wallet, the most comprehensive and reliable ledger wallet that ensures security and enhanced versatility of asset management can be found on Amazon like Ledger Nano S - V1.4

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