Best places to buy cryptocurrency for international students

The number of cryptocurrency exchanges has significantly increased as a result of cryptocurrencies’ growing popularity.
Cryptocurrency exchanges merely serve as a marketplace for buying, selling, and exchanging digital currencies for fiat money like the Indian rupee (INR) or the US dollar (USD). Cryptocurrencies are seen as a form of investment. The price of Bitcoin, the most dominant cryptocurrency on the market, has skyrocketed from $0.001 to $8,000 in the space of just ten years. This massive return on investment has drawn several people, especially students, to what is referred to as the ‘bitcoin wave.’

There are several other cryptocurrencies that also give a high percentage return on investment, like Litecoin, Ripple, Dash, Ethereum, EOS, and Cardano. These coins and tokens are part of the top 100 cryptocurrencies as listed on CoinMarketCap, the most visited digital currency market data website.

As the topic is very interesting to those in high schools and colleges, they try to investigate and work on the corresponding essays to submit at school. However, as the issue is new and not many researchers have provided custom writing regarding the phenomenon, young people try to buy custom essays to receive custom essay writing of the highest quality.

Students don’t have much money to spend, that’s why they choose cheap essay writing service WritingPeak to provide them with useful custom essays writing services with any custom essay needed. Nonetheless, those really involved in the peculiarities of the topic try to do everything on their own, not only to receive high grades but also to be involved in the field even for their future careers.

Similarity with stocks

Cryptocurrencies are quite similar to stocks. Both can be bought at a low price during launch, both have companies behind them, and almost always appreciate in value, giving the holders a profit.

The cryptocurrency market has appealed to the younger generation because of the ease of purchasing different digital currencies.

One can purchase cryptocurrency from friends, family, and peers that are willing to sell it. This form of sale is referred to as over-the-counter trading in the securities market. There are, however, particular exchanges that allow people to purchase cryptocurrencies with credit cards. These are listed below.

Exchanges you can buy Cryptocurrency From

• Coinbase is a digital asset exchange with its head office in San Francisco, California. It is regarded as the number one and best crypto exchange in the USA. Using your credit card, you can purchase different digital currencies there. The cryptocurrencies available for purchase on Coinbase include Bitcoin, Ripple, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin. After purchase, students can also store it with Coinbase.
• Luno is a digital asset wallet and exchange. It is headquartered in Singapore and can be used in South Africa, Indonesia, and European countries. Students can purchase cryptocurrencies on Luno using credit cards, SOFORT, or even SEPA through. After funding your Luno wallet with fiat currency, you can use the amount to buy Bitcoin or Ethereum, chief cryptocurrencies listed there.
• Coinmama is a cryptocurrency exchange that is available in almost every country on the globe. As such, it makes it easy for a lot of people to buy Bitcoin, Ethereum, Litecoin, and other cryptocurrencies with credit or debit cards. The fee for purchasing crypto on Coinmama is 6 percent.

How to invest cryptocurrencies

The question several people new to the cryptocurrency space ask is “how to invest in bitcoin“. Due to bitcoin being the pioneer cryptocurrency and the several millionaires it has made, students are usually curious on the subject of investing in it. The most convenient way to do so is to buy it and hold. When the value sufficiently rises, you can sell at a higher price. Historically, every 2 years, Bitcoin has risen  in value above its its previous all-time high.

A great example of investing in Bitcoin is  the Winklevoss twins, who bought bitcoin when it was valued at about $120. When bitcoin hit $10,000 in 2017, both twins became billionaires. Another example, Erik Finman, who purchased Bitcoin in 2011 at the age of 12, is another example. He has $3.5 million and is still under the age of 21.

Conclusion

Other methods of investing in Bitcoin include using leveraged trading with your bitcoin purchases and participating in the Bitcoin futures market.
This type of custom essay is extremely uncommon online, making the cryptocurrency article from this essay writing service one of the best ones currently available.

Also Read: What is Ethereum virtual machine and how does it work?