Of course, to answer this question, it is first necessary to understand what crypto assets are. As the name suggests, they are assets, similar to the fiat currencies we know, such as the Euro and the dollar, but digital, although with a real value in the market. And just as it happens with fiat currencies, there are many types of crypto assets, for example the famous Bitcoin, Ethereum, Tether (also known as USDT, whose value is stable and close to the value of a US dollar) among others. These cryptocurrencies can be transferred quickly from one person to another through digital platforms, which is a very interesting alternative for those who do not want to bear costs for money transfers through banks, especially internationally.
The world of cryptocurrencies is becoming more and more attractive for expert investors, beginners or simply people who find a benefit in them. Such is the relevance of cryptocurrencies that more and more people are using them. For example, the number of transactions per day made with bitcoin, one of the most popular crypto assets, in 2011 varied between 1000 and 9000. Today the number is between 300 and 400 thousand a day. The amount is even higher in the case of USDT, registering more than 1.1 million transactions per day.
If you have never used cryptocurrencies, but you are interested in starting, the first thing to do is to have some of these in your possession. For that, the quickest method is to buy it. For this purpose, exchanges were created, which are basically marketplaces for buying and selling crypto assets. Of course, to store the purchased crypto you need a crypto wallet. In fact, some exchanges also offer these wallets, but if that is not the case, do not worry, there are many platforms on the Internet that provide them. Once you have cryptocurrencies you can use them as you wish, like transferring them, selling them, using them to buy another type of crypto or you can simply convert crypto assets into cash again.
During the last few years the crypto industry has developed very fast, so you will find many options of exchanges available. This can be scary if it's your first time. However, if you use a platform with a good reputation and user-friendly interface, the process will be easy. This is the case of Blackcatcard, whose app has all the components we have described thanks to the integration with strategic partners.
Those who want to purchase cryptocurrencies can do so on the Blackcatcard app. For this purpose they must register and open an account to have access to all products, including the integrated crypto service. Using directly their funds in Euros in their account they can buy them on the exchange in the app. They only need to select the desired cryptocurrency and click on buy (if the purpose is to sell it, just click on sell, the rest of the process will be the same). Then they must indicate the amount, either in Euros or crypto. Once this step is completed, they just have to click on Next and then confirm. The purchased cryptocurrencies will be stored in a crypto wallet also available in this app.
As you can see, the process is very simple in apps like Blackcatcard, which is literally all-in-one. Given the proliferation of many crypto platforms, it is recommended to use only recognized crypto service providers that best suit your needs. Once you get started in this world, you will see how useful it is!
