DeutschSince its launch in 2009, the crypto world has continued to develop, as have the ways to buy crypto. Initially, it was difficult to buy Bitcoin and other cryptocurrencies because there were no crypto exchanges or digital wallets. Instead, cryptocurrencies could be mined using computers, or interested buyers had to send their money via PayPal or similar services and hope they weren’t scammed. Over the years, the development of crypto has progressed rapidly, evolving from a digital means of payment for early adopters to a popular investment for the general public. Crypto continues to captivate many, not least because investors who invested small sums a few years ago have now turned them into large sums. And interest has also increased due to the ever-growing possibilities of using crypto or using it as an investment. There are now numerous ways to buy crypto, such as with a credit card or bank transfer. The fascination with Bitcoin and cryptocurrencies remains unbroken, reason enough to present various ways to acquire crypto here.
Probably the easiest way to get crypto is through a crypto exchange. There are different types of exchanges, such as centralized exchanges (CEX). There, crypto is purchased directly. These exchanges are operated by central bodies that hold the money and cryptocurrencies of buyers and sellers. Decentralized exchanges (DEX) have no control over users’ money and crypto. Many exchanges now offer both types to acquire cryptocurrencies:
Option 1: Bank Transfer
A simple way to buy cryptocurrencies is the “classic” bank transfer. With various partners, it is possible in many countries (for example, European exchanges with SEPA) to buy cryptocurrencies via bank transfer. This option is a good and convenient way to easily acquire crypto. However, service fees may apply to the service provider and the process then takes approximately one to three days. Germany, Austria and Switzerland are on the list of countries that are approved for bank transfer.
Option 2: Credit or Debit Card
Another option is a credit card or debit card. Select the cheapest and most suitable alternative from several different providers, and after identity verification, the acquisition of cryptocurrencies via bank transfer is easily possible.
The advantage compared to bank transfer is that the credit card option is available for more countries and that you can choose from several providers. You also don’t have to wait several days for the transfer to be approved. The currencies with which you can buy crypto are also generally greater with credit card payments. At the ProBit Global exchange, for example, over 90 different currencies are available for deposits using the Buy Crypto function with a credit card, debit card or bank transfer.
Option 3: Alternative Routes
You don’t necessarily need a bank account or have to invest fiat to acquire crypto. Crypto can also be earned through sweepstakes. This usually does not require payment, but only the creation of an account with the corresponding exchange or provider. At Probit Global, for example, there are regular airdrops, Learn and Earn offers, as well as regular events, which can be accessed on the website. The great advantage of exchange-owned events and sweepstakes or apps with Move to earn or Play to earn functions is that they do not require the use of money, but only of time, knowledge or movement.
Tips:
With each of the three ways mentioned to acquire crypto, it should be noted. that the respective provider is trustworthy and makes a serious impression. The availability of the coins or tokens that you want to acquire should also be noted.
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