Bitcoin has existed for over a decade, establishing an entire industry comprising miners, investors, developers, traders, and regular users.
Investors buy and hold Bitcoins in their crypto wallets, waiting for this crypto currency’s value to increase and sell their Bitcoins at a higher price for profits.
However, some trading platforms abide by the Know Your Customer rules, meaning they will ask you to verify your identity.
After creating an account, load it with fiat cash using one of the acceptable payment methods.
Remember, you can purchase a fraction of a Bitcoin, meaning you don’t require thousands of dollars to start investing in this cryptocurrency.
However, you are unlikely to find a crypto exchange that accepts fiat money for altcoins.
However, some websites allow buyers and sellers to interact, buy and sell Bitcoins from each other.
Since crypto exchanges verify their users and require them to pay a fee when transacting, your safety is assured.
Please send it to your crypto wallet after buying Bitcoin via a reliable crypto exchange.
Hold your Bitcoins as long as you wish and sell them once the price increases to gain profits.
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Hopefully, the above information has clarified things for you.