What should I know before investing in crypto?
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What should I know before investing in crypto?

What should I know before investing in crypto?

So, you’ve most likely heard the words cryptocurrency or crypto (for short) quite a few times  in the last few months. Some of you may have done some research or maybe even got  yourself involved. Others may have it on their ‘to-do list’ which seems to never actually get  done or you may think “I have no idea what that is!” so you just steer clear from it altogether.  

Let’s start with a quick run down of what cryptocurrency actually is for the beginners amongst  us!  

Cryptocurrency is the term used to describe a currency which exists in a virtual format. It is a  digital asset which is created through coding practices and protected by cryptography. Crypto  has a decentralised structure which is stored and operates on a substantially large, peer-to peer network using a blockchain database to store transactional information.  

The most commonly known type of cryptocurrency is Bitcoin – but there are so many more  on the market now! It can be overwhelmingly trying to understand cryptocurrency and even  more so trying to get your foot in the door to buy and sell it! Luckily, one of Australia’s Most  

Trusted Crypto Exchanges, Swyftx, makes it simple for the average person to getting to  trading in crypto! This simple, user-friendly platform requires a straightforward sign-up  process to get the ball rolling (no deposit or credit card details required)! And to make things  even better, you’ll receive a free $20 worth of Bitcoin on sign-up giving you something to play  with right from the get-go! 

As an Australian based exchange, Swyftx makes the process of buying and investing in  cryptocurrencies super easy. Although it can be volatile, there is also the opportunity of  making good on your cash in a way that is independent from banks and governments. Swyftx has over 3000 5-star Trust Pilot Reviews and offers 24/7 LiveChat Support. Not only this, but  you will have your very own cryptocurrency trading account with the first exchange to offering  staking with great rewards. There is also the option for Self-Managed Super Funds/Entities  and Trust Accounts.  

Click on the link to sign-up with Swyftx today and begin the super simple process of buying  and investing in cryptocurrencies! Don’t forget, Swyftx will also get you started with $20  worth of Bitcoin when you sign-up and verify your account! 

Categories: Finance