Choosing the best bitcoin exchange site is not an easy task. Each exchange has its own rules, payment methods and fees, as well as other factors to consider. Initially, bitcoin was invented decentralized, so that there was no single governing body. There are still exchanges that allow you to trade any coin anonymously and remain anonymous without requiring KYC verification. Here is what you should pay attention to first of all when choosing an exchange to buy bitcoin:

Supported countries - not all exchanges accept clients from all over the world.

Available payment methods – Some exchanges accept a wide variety of payment methods, while others only accept bank transfers, for example.

Fees – There are 4 types of fees: deposit fees, trans ... Read more »

Remember that private keys must be kept secure. By the address of your wallet, you can track its balance and transaction history. Keep the bulk of your coins in addresses that you don't directly use to buy bitcoin and other cryptocurrencies. To date, there is no identification information about who owns this or that wallet. That is, we can see how many bitcoins are in the wallet, but we do not know whose bitcoins these are.

You must understand that after passing the KYC Know Your Customer, special services can track transactions made, for example, on the BTC blockchain with other user accounts, including their wallets. Identity verification (KYC) on the OKX exchange Today, most of the largest cryptocurrency exchanges require KYC. Now, when you buy bitcoin, the funds are tied to your name. If you send coins to another wallet, they can be tracked on the exchange. T ... Read more »

One of the main questions that every potential buyer asks himself is “Is now a good time to buy bitcoin?” The problem is that there is no definitive answer to this question, and it depends more on the reason why you are buying bitcoins. If you want to trade bitcoin (which means buying low and selling high) for profit in the short term, you need to familiarize yourself with the various bitcoin trading methods. If you are interested in bitcoin because of the relevance of this technology and think that bitcoin has a bright future, you can buy it in two ways:

Cost Averaging In this case, you regularly buy bitcoins for a fixed amount on a certain day, regardless of the price. This is how you average out exchange rate fluctuations.

Buying Regardless of Price Those who believe in the long term argue that it doesn't m ... Read more »

Bitcoin is a digital currency available to everyone and controlled by thousands of people around the world who have a financial stake in keeping the asset safe and secure. Bitcoin is not subject to the regulatory authorities of various financial institutions, such as the government of certain countries or international companies. However, this system is under the control of open source rules. As stated in these rules, only 21 million bitcoins are to be created. This structure and decentralized architecture of the system have made bitcoin a new form of money for the digital world.

Why buy bitcoin and other cryptocurrencies? For many investors, bitcoin's limited supply makes it an attractive alternative to traditional assets like gold. Most importantly, investing in bitcoin allows you to take control of your financial future without having to rely on traditional mo ... Read more »