Bitcoin was the first known example of the implementation of blockchain technology in the realm of free finance. Although Satoshi Nakamoto did not use the term cryptocurrency in his message to the World, it has become a household name for many digital assets. Bitcoin is also commonly regarded as digital gold, a definition the first cryptocurrency received because of its investment qualities.
Buying bitcoin for U.S. dollars without verification usually does not cause any difficulties. Using Cryptex online exchange it is possible to buy the first cryptocurrency with complete confidentiality. Many traders also like bitcoin for its high volatility. Such fluctuations allow various approaches to build a trading strategy and maximize profits and allow profitable investing in the first cryptocurrency to save your own money.
There are several ways to exchange bitcoins for U.S. dollars on the Cryptex exchange:
- direct exchange via exchanger,
- exchange via trading platform,
- OTC deals for major investors.
How to exchange bitcoin for USD at a favorable exchange rate
The Cryptex international online cryptocurrency exchange allows making any transactions with bitcoin and other cryptocurrencies 24 hours a day. To start trading digital gold in exchange for United States dollars it is enough to register on the platform and deposit the internal account using any convenient method.
Due to a high degree of concern for its clients’ privacy, Cryptex allows them to start selling and buying bitcoins without having to go through a complicated and time consuming verification procedure – only an email address is enough for registration. After confirming the e-mail every client has access to all the functionality of the exchange, from depositing and withdrawing funds to anonymous purchase of bitcoin and other cryptocurrencies.
The process of trading itself is very simple and consists of several steps:
- Find an offer on an exchange or create a new order.
- Wait for execution of the order or a counteroffer from other investors.
- Withdraw received coins to cold storage or transfer to another Cryptex user without any fee using the internal code.
Bitcoin has long been a fairly reliable asset for long-term investing and saving against the effects of inflation risks. Despite high volatility, the overall rate dynamics on the online exchange allows digital gold to be considered one of the best hedging and diversification tools.
Frequently Asked Questions
How to create a bitcoin wallet?
After signing up on the exchange, each user is assigned an individual permanent bitcoin address to which cryptocurrency can be transferred at any time. After a transaction is confirmed on the bitcoin network, all transferred coins will automatically appear on the balance. And to create a wallet for cold storage, you can create an offline bitcoin wallet.
How to remain anonymous while making cryptocurrency transactions?
Bitcoin without additional security measures cannot guarantee its complete anonymity. However, it is easy enough to maintain the necessary confidentiality when making payments. Cryptex allows buying bitcoin for USD without verification, which is the first step towards anonymity.
How to get the best price to buy large amounts of bitcoin?
Large amounts of buying or selling cryptocurrency can significantly influence current bitcoin prices on online exchanges. To buy or sell a large amount of coins, it is enough to apply to a Cryptex manager to get the best price and make a direct transaction without getting into the exchange order book.