The crypto market has exploded in recent times and continues to grow in popularity. It's not just that bitcoin has suddenly picked up ag...
Despite this huge potential, many investors hesitate to deal with the topic of buying cryptocurrency. Especially laypeople find it difficult to get started. The subject seems too complex for many and the fear of engaging in a risky business deters most. However, cryptocurrencies are not rocket science. With this article, we want to give you a guide that will help you start investing in crypto quickly. With Crypto Voucher, Paysafecard and PayPal, we show you three practical and secure ways to buy a cryptocurrency and participate in the growing market.
There are different ways to invest in cryptocurrencies. We would like to present the simplest and safest variants here to make it as easy as possible for you to get started.
Crypto Vouchers
You can buy various cryptocurrencies with a Crypto Voucher card. To do this, you first purchase a voucher in order to exchange the corresponding value for a cryptocurrency of your choice. Common cryptocurrencies such as Bitcoin, Ethereum, or Litecoin are available. The voucher works like a credit card that can be used internationally.
You can buy the Crypto Voucher in various online shops. Normally you will receive an e-mail with the voucher code immediately after the purchase and can redeem it immediately.
The vouchers are available for 10, 25, 50, or 100 euros, for example, and there are now many places where you can pay with cryptocurrencies.
If you want to start buying cryptocurrencies, the Crypto-Voucher is the perfect place to start. What you ultimately do with your stake is up to you. You can either keep it and hope for a positive price development or treat it as normal money and use it to pay for your purchases.
However, anonymous handling of the purchase process is only possible if coin tumblers such as smartmixer.io are used.
Buy cryptocurrency with Paysafecard
The issue of anonymity is no problem at all with the Paysafecard. For this reason, it is more popular with many users than a Crypto Voucher. With the Paysafecard, bitcoins no longer have to be bought via a bank account or credit card. In addition, there are now numerous crypto platforms on which the Paysafecard is accepted as a means of payment. These include Etoro, Paybis, Plus500, and Nightcap.
The Paysafecard basically works like a Crypto Voucher and can also be viewed like a voucher or a prepaid payment card.
To purchase bitcoins, you have several options with the Paysafecard code. You can either process your transaction via a P2P platform or via a crypto exchange. Most crypto exchanges do not accept Paysafecard as a form of payment. However, there is a back door through which the purchase of Bitcoin is still possible. You can use your Paysafecard to top up your credit with another payment service (e.g. Skrill). You then use this payment service to buy bitcoins on one of the crypto exchanges.
The P2P market offers customers the opportunity to buy or sell bitcoins privately. The seller offering their bitcoins for sale can specify the means of payment they accept. The Paysafecard is usually included. The sellers can also be rated on the P2P platforms, which has the advantage for you that you can use the reviews as a guide. You can also see past sales history and assess whether the current price is reasonable. Nevertheless, it should be noted that the private purchase of Bitcoins still carries a certain risk.
Another disadvantage of the Paysafecard: Due to the higher risk, the fees are also slightly higher than with other payment methods.
PayPal
PayPal is still one of the most popular payment service providers. Still, PayPal is not accepted on all crypto platforms. So before you sign up with a crypto broker, you should check carefully whether you can pay with PayPal.
Basically, the process is then simple: To buy cryptocurrencies with PayPal, you only have to create an account with a crypto broker of your choice - of course only if they really accept PayPal - and top up this account via your PayPal account.
Since PayPal usually executes or can execute deposits and withdrawals immediately, the fees here are often somewhat higher.
Nevertheless, there are also many advantages when it comes to buying cryptocurrencies with PayPal. As mentioned earlier, you can use PayPal to make instant transactions. So you don't have to wait long to fill your crypto account. PayPal is also one of the safest and most user-friendly payment service providers in the world.
Buy cryptocurrency - our conclusion
As you can see, there are many ways to finally get into the crypto business. You now know the three simple and safe methods to trade Bitcoin or buy other cryptocurrencies. Which variant you choose depends primarily on your personal wishes. Is anonymity important to you or do you prefer a simple user interface? What role do the respective transaction fees play for you? These are all questions you should ask yourself beforehand. In the spirit of diversity, you can of course also try different ways and thus also different payment providers and crypto brokers. In any case, the topic of cryptocurrency can be a lucrative business for you, which you should not miss out on. With the necessary caution and a bit of research, high profits can still be made here in the future.
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