[PARTNER CONTENT] If it was not very popular a few years ago, the crypto-currency has now resumed its letters of nobility. Except that investing in virtual currency implies a certain knowledge of its contours, still not very accessible to the general public. Companies such as LiteBit are now helping to democratize this type of investment. Through their voice, let’s take stock of the great precepts to integrate before embarking.
Buying a Bitcoin does not involve a substantial sum
Bitcoin is today the largest and most expensive cryptocurrency in the world. If this information can slow down the common consciousness to be interested in it, it is nevertheless striking to know that only a dollar can be enough to buy it. Indeed, by definition, an entire Bitcoin is equivalent to 49,493 euros. A sum that is difficult to reach for the vast majority of French people. Except that it is in no way mandatory to buy a Bitcoin in full. And when we know that no less than 40% of Americans believed the opposite, it demonstrates the ignorance cultivated around the crypto-currency.
Like all other cryptocurrencies on the market, Bitcoin follows a stock price, and can very well be bought in fractions. All virtual currency exchanges make it easy to buy the desired value of Bitcoin, whether it is one, a hundred or a thousand dollars. It is enough to specify the monetary value of the transaction and the system will rely on the current market prices to calculate the corresponding amount. Nothing could be simpler. Investing with a small amount is thus perfectly conceivable with Bitcoin.
Bitcoin wallet: how does it work?
Another foundation to apprehend, that of the Bitcoin wallet. Like a digital bank account, the Bitcoin wallet allows you to send, receive and manage all of your Bitcoins in the same space. In terms of use, as soon as Bitcoins are purchased, they are directly transmitted to the said wallet. This is the place where the currency is stored and managed, with access protected by demanding security measures.
The mission of the Bitcoins wallet is to provide its user with a clear interface that allows him to interact with his funds. Unlike a bank, only the user has control of its assets and becomes the sole owner and responsible for its 100% digital assets. But it is essential to choose your portfolio seriously by turning to a trusted name. When talking about cryptocurrency, the security factor is paramount. Many users have been tricked by unscrupulous sites. Getting information upstream of registration, and therefore of the investment, remains a priority.
LiteBit: simple and secure first steps in cryptocurrency
To maximize the protection of its assets, turning to a secure platform in cryptocurrency is fundamental. Although the market does not lack players, few are those who combine trust, simplicity of use and humanism. The leading Dutch cryptocurrency exchange, Litebit stands out for the combination of these three stocks. Young in the market, but no less ambitious, the company aspires to become the most user-friendly crypto-trading platform in Europe. The interface is particularly intuitive and understandable.
Litebit exposes the price of Bitcoin in real time, allowing potential buyers to concretely measure the content of their investments. The site is not limited to Bitcoin, but offers a catalog of 60 cryptocurrencies for sale. Litebit was also one of the first brokers to make self-hosted wallets available. This reputation is based on the company’s values, but also on the simplicity of its operation. Litebit makes it transparent about the value of each cryptocurrency as well as its risks. Thanks to clear charts, the performance of Bitcoin and other virtual currencies is exposed. Whether you are a neophyte or an expert in cryptocurrency, the information is clear and consistent. It is possible to specify the amount of Bitcoins to buy, or the value in euros to invest, Litebit takes care of the rest.
From its beginnings as a small startup to its current fame, Litebit has grown thanks to the expertise of its 50 in-house experts. In 2019 and again in 2020, the company was awarded the “Best Broker” at the CashCow Award. The very humanistic vision of the company allows it to create a privileged relationship with customers demanding in terms of the perceived quality of service.
With Litebit, it is possible until November 30, to enjoy a credit of 20 € after registration and verification of the account.
This content was produced with AGENCE DELTA. The editorial staff of BFMBUSINESS did not participate in the production of this content.
in partnership with AGENCE DELTA
