Back when the Bitcoin came about, its value was no more than one cent.
This meant that you could buy 100 Bitcoins, or BTC, for just a dollar.
If somebody told you that it would increase in value exponentially and make people millionaires, would you believe them?
Certainly not, because no one had expected Bitcoin to be worth what it is today.
Today, Bitcoin is not the only player.
Cryptocurrency has come leaps and bounds ahead of what it used to be two decades ago, and the previous decade saw a rise in many other cryptocurrencies, such as Swyftx Australia, Ethereum, Litecoin, Cardano, Ripple, and even Dogecoin, which basically started as a joke.
The more you read about these currencies and their values, the higher is the temptation to jump on the bandwagon.
There are various ways how you can start. You can go with centralized exchange platforms like Binance and Coinbase.
These are the giants of the industry. You can choose decentralized ones like Uniswap and Sushiswap. Though on the latter ones you can only swap cryptocurrency pairs.
Naturally, for starters you’d need to get your first cryptocoins somewhere.
It would make a lot of sense to buy it on P2P marketplaces.
Especially, if you are just starting. They are best to go with because usually they are not too strict on KYC and other personal information verification.
We’d say platform like Cryptster is one of them.
These are the platforms where any individual sells or buys bitcoins. Usually using various payment methods. Though you can buy bitcoin for cash.
But if you happen to have some money sitting in an online service account or a coupon, they can be successfully converted into bitcoins and turned into an asset.
Or maybe you have gift cards from Amazon lying around.
Go ahead and buy BTC with Amazon gift card. Or even using the one from video game Steam. You can turn them into some investment as well.
These P2P platforms are like real marketplaces: you can bargain. If not for price, then surely you may offer to pay for bitcoins with anything that suits you best.
Cryptster, by the way, has a very convenient “Directs” chat for that. You can use it exactly for this purpose. Simply write to anyone you wish to buy bitcoins from.
Ask if they are willing to accept the payment method you are offering.
Chances are, someone will say yes. The platform is very flexible if you ask me.
And yes, the chat is secure enough. So don’t be shy to ask anything you want, communication is encrypted.
When you sign up, you should expect to be asked to provide only email and username. No other identity verification required to buy bitcoin online. So basically, you can get registered within seconds.
Once you find an offer that you like, click on it and check all the details and terms before proceeding.
After you’ve made sure you are happy with everything you see, enter the amount in USD you wish to buy and see how much other currency you will get.
Click on ‘Start the Trade’, and seller’s bitcoins will be sent to escrow.
Seller will release bitcoins from escrow as soon as he receives your payment. No matter how trusted the seller may be, always exercise caution.
And even if something does go bad, you can always open Dispute and website’s staff will resolve the issue for you.
Normally you are expected to leave some feedback when the trade is over.
Well, anyway, the best way is to get your hands on it and see it for yourself how it all works.