There is no single fixed price for cryptocurrencies. First, each project has its own course, which is the result of supply and demand. The range of prices is huge. Some projects cost $0.00001, while the price of BTC reaches $50,000.
The cost of crypto… What does it depend on?
Second, cryptocurrency prices fluctuate all the time. Even if we were to give the currently average price for the cryptocurrency. In the near future, this kind of information would be completely incorrect. Current cryptocurrency rates are available on websites about individual cryptocurrencies and on other platforms, such as exchanges.
It is worth remembering that even if BTC costs $50,000, you don’t have to spend that much. You can buy any part of it. This means that you can buy 50 BTC first and 0.00001 BTC later. It all depends on the size of your wallet. This is a great advantage of cryptocurrencies. You can invest any amount you want. The entry threshold is therefore much lower.
Free cryptocurrencies – is it possible?
Many people are looking for shortcuts. They are interested in whether they can get free cryptocurrencies to start. Cryptocurrency portals often advertise various types of promotions and special offers. Usually, these are not exactly free Bitcoins. This is usually a reward for opening an account, providing contact details or trading a given capital. So it is a reward for our time, data, etc.
We strongly advise against looking for free cryptocurrencies. For one simple reason. You can very easily come across people who will want to cheat you in such a way. Fraudsters often rely on human greed and ignorance. In the context of cryptocurrencies, these two features tend to go hand in hand. Experienced investors realize that no one will give them money for free.
Since we have already discouraged you from starting, now we can say that there are ways to get free cryptocurrencies. These are called airdrops. What do they consist of? It is a way to promote a given project. The developers give away cryptocurrencies to interested users to get a certain community. And it is indeed a free cryptocurrency. Creators can promote their project in this way.
Sometimes all you need to do is provide your wallet address. Sometimes you need to perform other actions, such as observe the project profile. However, the requirements may be much higher. Sometimes cryptocurrencies are received for engaging in the operation of the network, e.g. by mining, i.e. mining cryptocurrencies.
However, we need to cool down your enthusiasm right away. Cryptocurrencies that are distributed in this way are usually at an early stage of development. This means that their value is small, if there is any value at all. Only a small part of such projects will allow you to make money. Most of them will simply be lying on your wallet.
How to buy cryptocurrencies anonymously? Buying Bitcoin without registration
Buying Bitcoin without verification is possible. As cryptocurrencies grow in popularity, so do more and more security procedures. Exchanges are forced to adapt to the requirements of control institutions in order to operate legally. Therefore, the obligation to verify personal data when creating an account is already common.
You already know where to buy Bitcoin without verification. In the case of cryptocurrency exchanges, unfortunately, you have to take into account that there may be some limitations. Some platforms offer the possibility of using the exchange without verification, but to a limited extent. In this case, the ability to withdraw funds or trade in pairs with fiat currencies is often limited.
Where to buy cryptocurrency?
How to buy crypto depends largely on which platform you want to use. How to start buying cryptocurrencies? You need to familiarize yourself with the available options and choose the one that best suits your needs. Many exchanges offer free cryptocurrencies for registration, but these types of offers are only periodic. If there is such a possibility, it is worth taking advantage of it.