What Is Bitcoin?
Often called ‘the future of money’, Bitcoin is the world’s most popular and widely-recognized digital currency. Unlike traditional digital assets, Bitcoin is not controlled by any government or central bank. Instead, Bitcoin runs on a decentralized blockchain technology, peer-to-peer system secured through advanced cryptography to allow transparent bitcoin transactions.
How To Buy Bitcoin?
In order to buy Bitcoin with a credit or debit card, you are not obliged to register at Wunderbit, while doing so will give you extra benefits. However, to use a wire transfer and Skrill to buy Bitcoin you have to register a Wunderbit account and go through the verification procedure. Once you are verified, you will be able to buy and sell Bitcoin.
How To Sell Bitcoin?
In order to sell Bitcoin, you have to register a Wunderbit account and go through the verification procedure. Once verified, bitcoin users can sell Bitcoin and get paid in euro to bank account.
Should I Invest In Bitcoin Now?
You should invest in Bitcoin only If you really understand it and you're willing to hold it for the long term.
What Is The Cheapest Way To Buy Bitcoin?
If you buy a bitcoin with SEPA bank account, then the cost at Wunderbit will be only 1%. This is probably the best offer to buy Bitcoin on the market.
In case you do not have a SEPA bank account or the currency of your bank account is not Euro, you want to consider using a Transferwise for the international payments.
What Is The Fastest Way To Buy Bitcoin?
Buying a bitcoin with credit/debit card will only take 10 minutes, and you will receive the bitcoin to your wallet in the next 20 minutes. This makes this option the fastest.
What commissions should I look at to find the best crypto exchange?
1. Check what is the worth of bitcoin, the price of bitcoin should be close to market price (it can be compared at major exchanges or see bitcoin price index from Coindesk
2. Fees and commissions of the platform
3. Commissions of the service partners (for example to process credit or debit card or bank transfer fee)
4. Bitcoin transaction fee should be more or less the same on all services, as its fee is identified by the bitcoin network
Cheat sheet: what to prepare to buy or sell bitcoin?
1. Find a proven exchange, ask friends for reviews, check aggregators
2. Prepare documents (National ID, Passport or Driver’s License)
3. Determine how you want to pay, choose the appropriate payment method
4. Create a crypto wallet to store bitcoin and prepare the address of the cryptocurrency you want to buy or sell
What is Wunderbit?
Wunderbit is a fintech that strives to facilitate the real-world use of cryptocurrencies through a number of products and solutions. Wunderbit products include:
• exchanger service to buy and sell bitcoin & other cryptocurrencies instantly
• automated crypto trading platform, copy trading allows beginner traders can follow successful traders and profit from cryptocurrency trading. Bitcoin trading has never been easier.
• bitcoin payment processing service to allow merchants to accept bitcoin payments, thus allowing customers to buy with bitcoin various products and services
• over-the-counter service
Is it possible to open a business account at Wunderbit?
In order to open a corporate account, you first must sign up and verify personal account. Then write to [email protected] and claim your corporate account.