How to use Bitcoin?
Many traders are preoccupied with the question of what to do AFTER they buy BTC. So, what will happen next? Here are just some of the options:
- Trade You can trade Bitcoin for the world’s major crypto and fiat currencies at Dzengi.com fully regulated crypto trading platform. We offer a wide choice of trading pairs to meet traders’ needs.
- Hold You can store your Bitcoins for a better future. If you believe the latest Bitcoin price forecasts, you may want to hold your Bitcoin assets for a while and try to get more profit in the future.
- Spend You can also use Bitcoin to buy various goods and services. Who accepts Bitcoin? More and more retailers and vendors such as Whole Foods, Nordstrom and Starbucks and dozens of other companies take Bitcoin payments.
Is Bitcoin-trading safe?
Trading Bitcoin or any financial asset can be risky. However, the choice of a reliable trading platform minimises the risk.
At Dzengi.com, we value safety first. Our award-winning crypto trading platform adheres to the most stringent industry standards and rigorous AML and KYC rules. Authorised and regulated by the High Technologies Park of Belarus, Dzengi.com builds a safe and secure marketplace for investors.
We offer the best user-account security, strongest 2FA verifications, full security activity logging and whitelisting of IP addresses and devices. Your payments and withdrawals are effectively protected.
We have a robust technical infrastructure to prevent fraudulent activity and to keep your personal data and money safe.
Is Bitcoin a good investment?
Experts believe, 2020 will be the year of utmost importance for Bitcoin. A lot is bound to happen, starting with a long-awaited Bitcoin block halving. Planned for May 2020, it is one of the most significant market events that may drive affect Bitcoin price.
Bitcoin community believe that the launch of Bakkt – Bitcoin futures platform – will also contribute to Bitcoin’s further adoption inside traditional financial system and will attract big institutional investors to enter the cryptomarket.
Technological advancement is another important factor that may drive Bitcoin price higher. Developers are working on Lightning Network technology, which is aimed to cut the cost and time of Bitcoin payment.
According to some latest Bitcoin price forecast, the world’s top-traded crypto can go up to $50,000 by 2021.
Where to learn Bitcoin trading?
Financial literacy and understanding of basic trading principles is a key to a trader’s success. Well-made reliable and thought-provoking content lies at the heart of smart trading decisions.
Dzengi.com is the right place to get valuable insights into trading Bitcoin and other cryptocurrencies, as well as recent financial news. Enrich your trading background with deep analytical articles and info-rich trading videos by industry experts.
Where to store Bitcoin?
Crypto storage is one of the most burning issues for every trader. Today, you have several options to trust your crypto assets to. Many exchanges offer a built-in online (hot) wallets. Although they are considered more agile and safe for conducting transactions and exchanging for fiat currency, they are exposed to external risk. Large sums of coins can be stored in offline (cold) wallets, which represent hardware devices, not vulnerable to hacker attacks without internet connection.
Dzengi.com crypto trading platform can serve as a reliable place to hold your Bitcoins. We have built a leading coin-tracking platform with third-party services like Coinfirm, Elliptic and Chainanalysis to verify all transactions that take place on the blockchain. We provide the highest level of security for clients’ accounts, payments and assets.
How to Sell Bitcoin
Once you have an account at Dzengi.com you can not only buy Bitcoin at a competitive price, but you can also sell or exchange it.
You simply place a sell order, stating the type of currency and the amount you want to sell, and the exchange will automatically manage and complete the transaction once someone matches your order.
Although Dzengi.com is a safe place to buy, sell and hold your crypto holding, a cryptocurrency exchange is not a traditional crypto wallet. It is not a place for long crypto storage, but a place to make your crypto holdings work.
Buy, sell and exchange your crypto holdings at Dzengi.com to boost your profits.
