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STEP-BY-STEP GUIDE
How to Invest In Bitcoin
Buying Bitcoins is a fun way to explore a new investment opportunity in 2021. The recent dip in its price may have shaken its dominance, and worried you - but the foundations that have driven Bitcoin's increasing value over the last decade still exist.
You can still make profits. You are not late. It is not going anywhere. It is still the biggest and popular single coin by far. If investing in Bitcoin seems complicated to you then this guide is everything you need to get started.
You can still make profits. You are not late. It is not going anywhere. It is still the biggest and popular single coin by far. If investing in Bitcoin seems complicated to you then this guide is everything you need to get started.
WHERE TO STORAGE
WHERE TO BUY
HOW TO INVEST
Cryptocurrency Safekeeping
Regardless of your reason to invest in Bitcoin, one aspect should remain constant: crypto safekeeping is critical. It is the talk of the town as investors are experiencing malicious attacks. You should learn the ways of keeping your Bitcoins safe and secure before investing.
Why Is Security So Important With Bitcoin?
The growing appetite for Bitcoins and their increasing value has made them extremely vulnerable. Buying Bitcoins doesn't mean physically owning the coins, instead, you own a "private key". And this is actually what you need to protect.
Your private key is yours and only yours. It gives you access and monetization ability to your Bitcoins. A private key is a unique string of numbers that points to an address/wallet and identifies you as the rightful owner. You need to protect it as you do with your bank password or credit card pin. Despite threats, there are some best practices to keep your private key safe.
Your private key is yours and only yours. It gives you access and monetization ability to your Bitcoins. A private key is a unique string of numbers that points to an address/wallet and identifies you as the rightful owner. You need to protect it as you do with your bank password or credit card pin. Despite threats, there are some best practices to keep your private key safe.
The growing appetite for Bitcoins and their increasing value has made them extremely vulnerable. Buying Bitcoins doesn't mean physically owning the coins, instead, you own a "private key". And this is actually what you need to protect.
Your private key is yours and only yours. It gives you access and monetization ability to your Bitcoins. A private key is a unique string of numbers that points to an address/wallet and identifies you as the rightful owner. You need to protect it as you do with your bank password or credit card pin. Despite threats, there are some best practices to keep your private key safe.
Your private key is yours and only yours. It gives you access and monetization ability to your Bitcoins. A private key is a unique string of numbers that points to an address/wallet and identifies you as the rightful owner. You need to protect it as you do with your bank password or credit card pin. Despite threats, there are some best practices to keep your private key safe.
Who Controls Your Bitcoins?
Do you think you control your Bitcoins after buying? You are wrong. It is not the case. Even worse, it is the opposite.
When you store your Bitcoins in an exchange, you are actually handing over your power (private keys) and security measures to them. As a result, the exchange is in control of your assets. You rely on them for everything. But when you store your Bitcoins in a non-custodial wallet that only you can access, then you gain actual control.
Keep this in mind when investing. Also, do you really want to lose control of your investment to another party?
When you store your Bitcoins in an exchange, you are actually handing over your power (private keys) and security measures to them. As a result, the exchange is in control of your assets. You rely on them for everything. But when you store your Bitcoins in a non-custodial wallet that only you can access, then you gain actual control.
Keep this in mind when investing. Also, do you really want to lose control of your investment to another party?
Do you think you control your Bitcoins after buying? You are wrong. It is not the case. Even worse, it is the opposite.
When you store your Bitcoins in an exchange, you are actually handing over your power (private keys) and security measures to them. As a result, the exchange is in control of your assets. You rely on them for everything. But when you store your Bitcoins in a non-custodial wallet that only you can access, then you gain actual control.
Keep this in mind when investing. Also, do you really want to lose control of your investment to another party?
When you store your Bitcoins in an exchange, you are actually handing over your power (private keys) and security measures to them. As a result, the exchange is in control of your assets. You rely on them for everything. But when you store your Bitcoins in a non-custodial wallet that only you can access, then you gain actual control.
Keep this in mind when investing. Also, do you really want to lose control of your investment to another party?
Having complete control of your Bitcoins (private keys) and safely securing them should be your priority.
How to Keep Your Bitcoins Safe?
Your Bitcoins are as safe as the method of storing them. Bitcoins will always be attractive to scammers, fraudsters, and thieves. So you should not rely on exchange if holding large sums. If you want to send, receive, or simply store them, you will need a crypto wallet. And, they are divided into two types.
- Hot wallets: A digital crypto wallet that is connected to the internet. An account on an exchange, a mobile wallet, a desktop wallet on your laptop — all are hot wallets.
- Cold wallets: A physical crypto wallet that is not connected to the internet. Such as hardware devices (USB), paper wallets, etc.
Your Bitcoins are as safe as the method of storing them. Bitcoins will always be attractive to scammers, fraudsters, and thieves. So you should not rely on exchange if holding large sums. If you want to send, receive, or simply store them, you will need a crypto wallet. And, they are divided into two types.
- Hot wallets: A digital crypto wallet that is connected to the internet. An account on an exchange, a mobile wallet, a desktop wallet on your laptop — all are hot wallets.
- Cold wallets: A physical crypto wallet that is not connected to the internet. Such as hardware devices (USB), paper wallets, etc.
Hot wallets
cold wallets
vs
Best for day-to-day trading
Easy to use
Vulnerable to online attacks
Best for holding large sums
Unreachable to online hackers
Not suitable for instant transactions
The World's Most Popular Hardware Wallet
Start your crypto journey with ease and a high level of protection. Keep your private key safe in a certified secure chip and enjoy complete ownership.
How to Buy Bitcoins Online?
Buying Bitcoin has never been this easy. There are tons of ways and places available. Some even let you buy anonymously and do not require your personal information. You can use standard payment methods including bank transfers, credit cards, Paypal, etc. Below you can find the best options to buy Bitcoin online.
Crypto Exchange
If you want a low-cost entry into Bitcoin, a crypto exchange should be your priority. There are several cryptocurrency exchanges available. Some require your personal ID verification, and some let you do it anonymously. Cherry on top! They let you create a wallet (hot wallet) to store your Bitcoin within their platform.
You are able to buy, store, and sell Bitcoins instantly. An exchange acts as an intermediary and makes money through commissions. So you do not have to worry about market manipulation or fraud while selling and buying. Your only concern should be keeping your Bitcoins safe as exchanges are very vulnerable to online threats.
You are able to buy, store, and sell Bitcoins instantly. An exchange acts as an intermediary and makes money through commissions. So you do not have to worry about market manipulation or fraud while selling and buying. Your only concern should be keeping your Bitcoins safe as exchanges are very vulnerable to online threats.
If you want a low-cost entry into Bitcoin, a crypto exchange should be your priority. There are several cryptocurrency exchanges available. Some require your personal ID verification, and some let you do it anonymously. Cherry on top! They let you create a wallet (hot wallet) to store your Bitcoin within their platform.
You are able to buy, store, and sell Bitcoins instantly. An exchange acts as an intermediary and makes money through commissions. So you do not have to worry about market manipulation or fraud while selling and buying. Your only concern should be keeping your Bitcoins safe as exchanges are very vulnerable to online threats.
You are able to buy, store, and sell Bitcoins instantly. An exchange acts as an intermediary and makes money through commissions. So you do not have to worry about market manipulation or fraud while selling and buying. Your only concern should be keeping your Bitcoins safe as exchanges are very vulnerable to online threats.
Low-cost entry
Vulnerable to online threats
Digital Banking Service
Buying Bitcoin with a digital banking service is the most secure and safest way. It is not as complicated as you think. It is similar to buying stock or paying bills by using digital banking. You can enjoy bonuses if you are new to Bitcoin investment. Some digital banks offer Bitcoin exchange in several ways:
- Deposit and buy Bitcoin straightway;
- Use "auto exchange" feature to liquify your Bitcoin assets at a predefined exchange rate;
- Set up a "recurring buy" to automatically purchase Bitcoins at a pre-defined exchange rate each time.
Buying Bitcoin with a digital banking service is the most secure and safest way. It is not as complicated as you think. It is similar to buying stock or paying bills by using digital banking. You can enjoy bonuses if you are new to Bitcoin investment. Some digital banks offer Bitcoin exchange in several ways:
- Deposit and buy Bitcoin straightway;
- Use "auto exchange" feature to liquify your Bitcoin assets at a predefined exchange rate;
- Set up a "recurring buy" to automatically purchase Bitcoins at a pre-defined exchange rate each time.
The safest & secure way
Somewhat confusing to use for new buyers
Go From Cash to Crypto Instantly
Buy, sell, and manage digital currencies at the touch of a button. No hidden fees.
Person-to-Person Exchange
Trade (buy and sell) Bitcoins directly with other people. It is cheaper (no exchange charges involved). It is personal (peer-to-peer). It is more secure and private than any other option available. Buyer and seller decide trade terms and payment methods. LocalBitcoins.com is a platform that lets you do it.
Trade (buy and sell) Bitcoins directly with other people. It is cheaper (no exchange charges involved). It is personal (peer-to-peer). It is more secure and private than any other option available. Buyer and seller decide trade terms and payment methods. LocalBitcoins.com is a platform that lets you do it.
Trade on your own terms
Takes time to search for a suitable deal
Person-to-Person Bitcoin Trading Platform
Avoid exchange charges and trade (Buy & Sell) Bitcoins directly with people in an easy, fast, and secure way.
How to Invest Your Bitcoins?
Buying Bitcoins is not the only investment you can make. You can further invest your Bitcoins to earn passive income and generate higher profits. It depends on your appetite. The higher the profits, the bigger the risk. Learn the best possible ways, and their advantages and disadvantages down below.
Bitcoin Staking
Hold your bitcoins, and earn profits. Instead of investing heavily in hardware, and computing power, invest directly in bitcoin itself. Anytime, anywhere — even when you have a low amount of bitcoins.
No fees — only a tiny percentage from your reward to take care of all the technical requirements of blockchain (PoS) to generate stable profits for you.
It is time to enjoy your life and finally let your money work for you.
No fees — only a tiny percentage from your reward to take care of all the technical requirements of blockchain (PoS) to generate stable profits for you.
It is time to enjoy your life and finally let your money work for you.
Hold your bitcoins, and earn profits. Instead of investing heavily in hardware, and computing power, invest directly in bitcoin itself. Anytime, anywhere — even when you have a low amount of bitcoins.
No fees — only a tiny percentage from your reward to take care of all the technical requirements of blockchain (PoS) to generate stable profits for you.
It is time to enjoy your life and finally let your money work for you.
No fees — only a tiny percentage from your reward to take care of all the technical requirements of blockchain (PoS) to generate stable profits for you.
It is time to enjoy your life and finally let your money work for you.
The safest method
Usually small returns
Start Earning Interest by Holding Your Bitcoins
Invest your Bitcoins and generate passive profits. No hidden fees. No minimum balance. No reason to wait.
Auto Trading Bots
Automate your trading strategy and make successful trades while you sleep.
Crypto-market is crazy. It does not sleep like the stock market. It can be stressful and pretty emotional when your hard-earned money is involved. But you do not have to worry. Let go of all that stress and counter volatility by leveraging auto trading bots. Eliminate emotions from your trading strategy and make better trades.
You do not have to worry about delays and errors cause by human nature. Provide correct data to Bots, and watch them double your investment. Bots do not sleep, and they do not eat. They work for you while you make profits doing nothing.
Crypto-market is crazy. It does not sleep like the stock market. It can be stressful and pretty emotional when your hard-earned money is involved. But you do not have to worry. Let go of all that stress and counter volatility by leveraging auto trading bots. Eliminate emotions from your trading strategy and make better trades.
You do not have to worry about delays and errors cause by human nature. Provide correct data to Bots, and watch them double your investment. Bots do not sleep, and they do not eat. They work for you while you make profits doing nothing.
Automate your trading strategy and make successful trades while you sleep.
Crypto-market is crazy. It does not sleep like the stock market. It can be stressful and pretty emotional when your hard-earned money is involved. But you do not have to worry. Let go of all that stress and counter volatility by leveraging auto trading bots. Eliminate emotions from your trading strategy and make better trades.
You do not have to worry about delays and errors cause by human nature. Provide correct data to Bots, and watch them double your investment. Bots do not sleep, and they do not eat. They work for you while you make profits doing nothing.
Crypto-market is crazy. It does not sleep like the stock market. It can be stressful and pretty emotional when your hard-earned money is involved. But you do not have to worry. Let go of all that stress and counter volatility by leveraging auto trading bots. Eliminate emotions from your trading strategy and make better trades.
You do not have to worry about delays and errors cause by human nature. Provide correct data to Bots, and watch them double your investment. Bots do not sleep, and they do not eat. They work for you while you make profits doing nothing.
Emotionless effective trading
Hard to find an efficient bot
Do Smart Trading By Automating Your Strategy
The ultimate bot for crypto traders to increase profits while reducing risk, minimizing loss, and automate workload.
CFD Trading
You can earn profits by correctly speculating the price of Bitcoin in the market. It is the best and low-cost way to start your trading career and learn how the market works. Profit margins depend on the difference between your entry point and your exit point.
Learn more by watching the video given below:
Learn more by watching the video given below:
You can earn profits by correctly speculating the price of Bitcoin in the market. It is the best and low-cost way to start your trading career and learn how the market works. Profit margins depend on the difference between your entry point and your exit point.
Learn more by watching the video given below:
Learn more by watching the video given below:
Higher the difference, higher the profits
You don't own any asset
Bitcoin Investment Platform
DEPOSIT
TRADE CFD
GET PROFIT
Instant deposit with Bitcoin / USD / EUR / ZAR. Zero fees.
Speculate on the price movement of Bitcoin or other 10+ top cryptocurrencies at your choice.
Wide range of withdrawals methods. Secure processing. 24/7 support.
10
Broker provides additional tool called leverage, that increases the trader's initial investment by a certain percentage
MULTIPLIER
BOOST YOUR GROWTH WITH
×
*
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All investments involve risks, including the possible loss of capital
Trading Platform Advantages
CROSS-PLATFORM TRADING APP
TRADERS' SENTIMENT FEATURE
BUILD-IN VIDEO TUTORIALS
RISK MANAGEMENT
Understandable and personalized. Nothing extra, only useful things.
Learn everything about trading within the platform and up your game to earn higher profits.
Manage your losses by not risking more than you can afford to lose.
Advanced real-time tool to find out where the market is going, and what others are doing.
Watch this short video to get started
New to Online Trading?
01:20
Watch this short video to get started
New to Online Trading?
01:20
How to start investing?
Get an instant opportunity to invest Bitcoin in the world's most popular assets anytime, and anywhere. You get an ultimate investment platform - on the device of your choice. The best way to start investing in Bitcoin for all South African traders.
REGISTER
DEPOSIT
PICK AN ASSET
Takes less than a minute.
Variety of methods. Instant process.
Bitcoin, Etherium, Litecoin and more
The Broker You Can Trust
$ 20 000 000 +
1 000 000 +
MOMEY WITHDRAWN:
2013
FOUNDED IN:
TRADE DEALS:
PER DAY
PER MONTH
CUSTOMER SUPPORT:
24/7
Money Deposit and Withdrawal Methods
Our platform allows the use of bank cards (1-3 days), e-wallets (1-3 days) and wire transfers (7-10 days) for depositing and withdrawing funds.
Easy way to exchange 0.001 BTC to ZAR.
Easy way to exchange 0.001 BTC to ZAR.
100% SSL Secure certificate
Start Trading
After creating an account you can enter the trade room right in your browser, or download the app on a device of your choice.
$10,000
virtual & reloadable
for practice
for practice
The financial services provided by this website carry a high level of risk and can result in the loss of all your funds. You should never invest money that you cannot afford to lose.
Basic Information About Bitcoin
According to CPattern, the average monthly deposit of a South African trader was $ 742 in 2019. That is significantly more than in other African countries.
Conforming to local laws, cryptocurrencies, including Bitcoin, are a completely legal asset that can be used to buy goods, pay for services, and most importantly, for trading. Coins are accepted by a state bank and can be used for private transactions. Therefore, you can see how to invest Bitcoin without breaking the law.
Conforming to local laws, cryptocurrencies, including Bitcoin, are a completely legal asset that can be used to buy goods, pay for services, and most importantly, for trading. Coins are accepted by a state bank and can be used for private transactions. Therefore, you can see how to invest Bitcoin without breaking the law.
Bitcoin is a digital form of money, but unlike ordinary fiat currencies, it is not under the control of the central bank. The basis for managing the financial system of Bitcoin is thousands of computers distributed around the world. Any user can participate in the work of this system after installing open-source software.
Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
Each way to make money has strengths and weaknesses. The first cryptocurrency Bitcoin has the following advantages:
- Anonymity. No one can track, block or freeze a transaction without a unique key.
- The high degree of protection. A special hash function SHA-256 reliably protects every coin, minimizing the risk of hacking.
- Transaction rate. Standard banks check a lot of parameters (credit histories of owners, personal data, etc.) before placing a deal. A cryptocurrency transaction from one device in South Africa to another (in Australia, for example) takes just a few minutes.
- Minimum commission. Bitcoin is a digital currency located only in the virtual world. Therefore, the user does not pay a large commission for using the banking system and other services. Only the minimum percentage is deducted for capacity maintenance.
- Independence. Bitcoins are on various devices in different countries and continents. There is no main regulator that can affect the system.
The cryptocurrency rate changes dozens of times a day. A successful trader can make a lot of money by making the right forecast and buying Bitcoin cheaply and selling more expensively. However, you need to pay attention to certain factors and always analyze new information carefully The course is influenced by a large number of factors:
- Sanctions and preferences. The government may impose sanctions against Bitcoin. For example, cryptocurrency is prohibited in China and India. Such prohibitions globally affect the value of one coin, reducing it. Other laws that allow legal trading make Bitcoin more attractive and add value.
- Popularity. The more people who seek to use Bitcoin for transactions, the greater its value. The fact is that the number of coins is limited, so only the most successful users can buy cryptocurrency. The emergence of new cryptocurrencies competing with Bitcoin causes an outflow of customers, which negatively affects the value of the coin.
- Security. News about hacking blockchains, theft of cryptocurrency, etc. negatively affect the cost. This is because users fear the arbitrariness of fraudsters and try to find the best options for trading and investment.
Some dishonest clients use platforms, not for trading, but money laundering. Coins obtained illegally are transferred to an account and then withdrawn. To counteract this scheme, the company takes a commission on Bitcoin transactions. It is 0.001 BTC and allows you to prevent fraudulent activities and spam attacks on the server. The commission is fixed and does not change depending on the amount of the deposit.
According to CPattern, the average monthly deposit of a South African trader was $ 742 in 2019. That is significantly more than in other African countries.
Conforming to local laws, cryptocurrencies, including Bitcoin, are a completely legal asset that can be used to buy goods, pay for services, and most importantly, for trading. Coins are accepted by a state bank and can be used for private transactions. Therefore, you can see how to invest Bitcoin without breaking the law.
Conforming to local laws, cryptocurrencies, including Bitcoin, are a completely legal asset that can be used to buy goods, pay for services, and most importantly, for trading. Coins are accepted by a state bank and can be used for private transactions. Therefore, you can see how to invest Bitcoin without breaking the law.
Bitcoin is a digital form of money, but unlike ordinary fiat currencies, it is not under the control of the central bank. The basis for managing the financial system of Bitcoin is thousands of computers distributed around the world. Any user can participate in the work of this system after installing open-source software.
Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
Bitcoin was the first cryptocurrency to be announced in 2008 (and launched in 2009). It was developed by a group of Japanese programmers. It provides users with the ability to send and receive digital money (bitcoins or BTC). The main quality that makes this currency so attractive is that it cannot be censored, and transactions can be made at any time and from anywhere. Thanks to these qualities, the first cryptocurrency became very popular in the world, which positively affected its value. The price of one coin increased from a few cents in 2009 to $ 20,000 in 2012. Today, the value of the asset is 6−6.5 thousand dollars.
Each way to make money has strengths and weaknesses. The first cryptocurrency Bitcoin has the following advantages:
- Anonymity. No one can track, block or freeze a transaction without a unique key.
- The high degree of protection. A special hash function SHA-256 reliably protects every coin, minimizing the risk of hacking.
- Transaction rate. Standard banks check a lot of parameters (credit histories of owners, personal data, etc.) before placing a deal. A cryptocurrency transaction from one device in South Africa to another (in Australia, for example) takes just a few minutes.
- Minimum commission. Bitcoin is a digital currency located only in the virtual world. Therefore, the user does not pay a large commission for using the banking system and other services. Only the minimum percentage is deducted for capacity maintenance.
- Independence. Bitcoins are on various devices in different countries and continents. There is no main regulator that can affect the system.
The cryptocurrency rate changes dozens of times a day. A successful trader can make a lot of money by making the right forecast and buying Bitcoin cheaply and selling more expensively. However, you need to pay attention to certain factors and always analyze new information carefully The course is influenced by a large number of factors:
- Sanctions and preferences. The government may impose sanctions against Bitcoin. For example, cryptocurrency is prohibited in China and India. Such prohibitions globally affect the value of one coin, reducing it. Other laws that allow legal trading make Bitcoin more attractive and add value.
- Popularity. The more people who seek to use Bitcoin for transactions, the greater its value. The fact is that the number of coins is limited, so only the most successful users can buy cryptocurrency. The emergence of new cryptocurrencies competing with Bitcoin causes an outflow of customers, which negatively affects the value of the coin.
- Security. News about hacking blockchains, theft of cryptocurrency, etc. negatively affect the cost. This is because users fear the arbitrariness of fraudsters and try to find the best options for trading and investment.
Some dishonest clients use platforms, not for trading, but money laundering. Coins obtained illegally are transferred to an account and then withdrawn. To counteract this scheme, the company takes a commission on Bitcoin transactions. It is 0.001 BTC and allows you to prevent fraudulent activities and spam attacks on the server. The commission is fixed and does not change depending on the amount of the deposit.