How To Buy Cryptocurrency With Fiat Money

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Saswati Banerjee

Saswati was introduced to cryptocurrency while working for a client in 2017. Ever since, Web3 fascinated her. From cryptocurrencies to blockchains, the intriguing philosophy of the virtual world that strives to decentralize power and possession became a major niche for her writing endeavors. She's also an ardent fan of futuristic technologies like NLP, AGI and neurotechnology and adept with every new development in these fields.

Crypto mining, being a geek-special technique, leaves everyone else with the only option— to buy cryptocurrency with fiat...

How To Buy Cryptocurrency With Fiat Money (USD, EUR, etc.)

How To Buy Crypto With Fiat Money (USD, EUR & More)

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El Salvador Buys 11 More Bitcoin, Total Holdings Now 6,067 BTC

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Read all the latest crypto news curated from the best local news sources globally. We provide up-to-date crypto news items so you can make the best investment choices.

Bitcoin is the first decentralized digital asset, unveiled by a mystery man “Satoshi Nakamoto” in the year 2008. But the use of Bitcoin as a digital currency in the crypto market began in the year 2009, which aims to provide decentralized monetization, secure and transparent transactions without any intermediaries like banks and  government. How Does Bitcoin Work? Bitcoin aims to operate without any influence of third-party financial systems or government authorities. Hence, this network uses an open-source program that chains transaction histories to prevent online data theft.   Bitcoin and Other Cryptocurrencies  Not every crypto project is the same. Each project has a unique identity, functionalities, and more. Likewise, Bitcoin, the king of the crypto world, differs from other cryptocurrencies in many different ways. From core features, origin, economic principles, and dominance in the marketplace Bitcoin has many unique potential features. As a result, Bitcoin remains at the center stage. Technology Behind Bitcoin The sole success of Bitcoin is its innovative protocol, enabling secure and transparent transactions.   Role of blockchain The blockchain is a distributed public ledger where every transaction history of Bitcoin will be stored. If a trader initiates a transaction, it will be signed with a secure digital signature and broadcast as a message to the miners network. Crypto miners listen to the broadcast message, process computational work, and bundle the messages into a block. When a miner constructs these blocks, it broadcasts back to the mainstreaming network, where Bitcoin nodes verify its validity. Once verified, the blocks will be added to the blockchain and become part of an immutable ledger shared across the finance world. This makes Bitcoin a peer-to-peer system.  Is Bitcoin a Good Investment? Beyond learning about Bitcoin&#8217;s basics, investors should consider the risks involved with investing in it. Because Bitcoin is the most risky investment with high volatility in the marketplace. So, if you are ready to accept a high-risk tolerance and afford to lose some or all of your investment, you can go with Bitcoin&#8217;s BTC. But we suggest the investors to always keep a diversified portfolio to reduce overall risk exposure associated with Bitcoin investment.  Bitcoin Investment Strategies Investing in top dominants like Bitcoin, involves certain hurdles. Hence, investors should follow the core principles as investment strategies to make an informed decision. Never invest more when you cannot afford the loss. Research and find the fundamental capabilities Use Safe Storage Understand the technology in depth Pay attention to crypto regulations  Research and analyse market trends using technical indicators like MACD and RSI on the daily chart.  Stay updated with the latest market trends and crypto news Legal and Regulatory Consideration 2025 On March 02, 2025, US President Donald Trump announced &#8220;US Crypto Strategic Reserve,&#8221; which integrates top cryptocurrencies like Bitcoin, Ethereum, and more. Following his announcement, in the last 24 hours Bitcoin price reclaimed 10%, reaching a high of $94939.23. Besides, it paves a way to contribute a $300 billion rally in the global market. How to Buy and Trade Bitcoin? Investing in Bitcoin seems complicated, but with the right investment strategies and techniques, you can win over it. But how do we buy or trade Bitcoin? Here we go. How to Buy Bitcoin? The best way to purchase Bitcoin rather than mining is by creating a reputable account on the regulated crypto exchange, fund it, and make a purchase. There are four ways to buy Bitcoin Bitcoin.com wallet app Bitcoin.com website Centralized exchanges like Gemini Payment processors like Paypal Other alternative ways are Bitcoin ATMs, P2P exchanges, and Mainstream Brokerages.  How to Trade Bitcoin?  Investors can sell or trade their BTC assets in the same crypto exchanges where the crypto assets are being purchased. However, some crypto exchanges charge a percent of the sale amount as a fee. One such exchange is Coinbase. It charges transaction fees when a trader cashes out their crypto, depending on their selected payment options. Some exchange platforms generally have a daily or monthly withdrawal limit, while others don&#8217;t. Binance, Coinbase, OKX, Bybit, Bitget, KuCoin, and more are some of the best exchanges for you to trade Bitcoin. Bitcoin Wallets and Security Privacy and security are the two keys a Bitcoin trader should consider when using Bitcoin Wallets. Investors who gain the private key should hold it securely. In case if you don&#8217;t have your private key, then you may lose access and control to your Bitcoin permanently.  We all know Bitcoin is the most traded cryptocurrency in the crypto world. Hence, a secure wallet is essential to send, receive, and store Bitcoin safely. But how do we choose?Bitcoin Wallets can be found in the forms of hardware devices, and mobile wallets are paper wallets. Each wallet type has a different security enhancement.  How to Secure Your Bitcoin Holdings? Have you ever heard of Hot and Cold Wallets in the digital economy? It&#8217;s hard to determine which wallet will be the best Bitcoin wallet for all-level traders, because specific features and security options define what will work for an individual trader. Therefore, choosing the right BTC wallet involves considerable types. Hot Wallet Vs. Cold Wallet A Hot Wallet is a “Software Wallet” where crypto investors and traders can easily manage their stored assets. Bitcoin&#8217;s Hot wallets can be accessible in the form of Mobile wallets, Web wallets, Desktop wallets, custodial hot wallets, and non-custodial hot wallets. Whereas, Cold Wallet is a “Hardware Wallet” where crypto investors and  traders can store their private key in the offline mode in order to prevent online threats like hacking. Cold wallets can be found in the form of hardware devices, paper wallets, custodial wallets, and non-custodial wallets. Custodial Vs. Non-Custodial Wallets In the custodial wallet, a third-party intermediary like crypto exchanges might hold your private keys and control access to your Bitcoin. In a non-custodial wallet, users control their private keys and manage to secure Bitcoin. Bitcoin Adoption and Use Cases As Bitcoin is the top leader in the crypto economy, businesses and leading enterprises are using Bitcoin as their primary asset in the global market. Hence, it consistently gains more traction. Furthermore, the key factor behind its success was  partnerships and integrations with top organizations like: the Bitcoin Foundation, Blockstream, Coinbase, Binance, the Chamber of Digital Commerce, Microsoft, and more. Further, the heightened importance of Bitcoin in the finance world may play a crucial role in contributing to adopting BTC. So, let&#8217;s find the factors that lead to Bitcoin adoption in the global crypto market.  Factors that lead Bitcoin Adoption Since its emergence, Bitcoin has been experiencing a remarkable journey in the crypto market. In 2025, Bitcoin will be gaining more attention among traders than ever. Some of the critical factors are: Rising Institutional Adoption: The participation of diverse institutions in the Bitcoin market is one main reason for its higher adoption in the finance market.  Changes in cryptocurrency regulations: The legal and regulatory framework is another considerable factor driving Bitcoin adoption in the global market.  Bitcoin&#8217;s revolutionary power: Decentralization, scarcity, economic hedge, integration, and immutable nature are the key attributes leading to its popularity and adoption.  Rising uncertainty in the finance world: The crypto market is generally volatile. Hence, the market sentiment remains unpredictable and uncertain. As a result, investors and market participants may shift their attention to Bitcoin. Advancement in Technology: In 2025, crypto enthusiasts are anticipating that Bitcoin might bring advancement to its elements like scalability, privacy, and more. Further, the integration of some new technologies might boost its viability in the future. Bitcoin&#8217;s Future Outlook &amp; Growth Potential Based on increased institutional adoptions, the US Strategic reserve, and crypto regulatory frameworks, Bitcoin is anticipated to exhibit significant growth by the end of 2025. As countries like Bhutan and El Salvador are increasing their participation in the crypto market, hedging against inflation, and diversifying wealth, which could lead to Bitcoin becoming a big shot in the marketplace. As a positive outlook, the mass adoption and innovative frameworks demonstrate that Bitcoin will be a highly future-scope investment.  Pros and Cons of Investing in Bitcoin  Pros Security Decentralized Protection from inflation  Transparency Cons High Volatility Risk of data loss Lack of Government regulations Final Thoughts In the modern age, Bitcoin is one of the technological breakthroughs and the most remarkable invention. As it positions as a top ranker in the marketplace, this digital currency faces potential challenges from other dominators like Ethereum, Ripple, and more. Yet, Bitcoin outperforms other assets. Based on today&#8217;s market activity, Bitcoin is projecting an upward trajectory and attempting to break the $94,939.23 resistance to reclaim its Bullish sentiment. So, investing in Bitcoin at the moment could be a good choice. But if you&#8217;re still doubting whether to invest in it, keep monitoring the price action and make an informed decision. As crypto investment involves critical risks, we recommend that our readers do deep research before investing in digital assets.

BTC Archives

BTC Archives | Coinfomania

Victor Muriki

Victor Muriki is an esteemed writer focused on cryptocurrency and finance, holding a Bachelor's in Actuarial Science. Known for his sharp analysis and insightful content, he has a strong command of English and is skilled at conducting in-depth research and ensuring timely delivery.

El Salvador adds 11 Bitcoin to its reserves, now holding 6,067 BTC amid policy changes and IMF loan conditions.

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Crypto Journalist

How many Bitcoin does El Salvador hold now?

To meet IMF loan conditions for a $1.4 billion agreement.

Why did El Salvador change its Bitcoin laws?

BMN2 is a Bitcoin mining investment product launching in El Salvador in 2025.

What is BMN2 by Bitfinex?

An informative illustration explaining cryptocurrency, featuring a digital coin symbol surrounded by blockchain nodes and connections, with visual representations of mining, transactions, and encryption. The image should convey the concept of digital currency and its decentralized nature in a modern, tech-focused style

Cryptocurrency is a new hope in a world where wealth regulation solely depends on the whims of centralized systems.

What Is Cryptocurrency And How Does It Work?

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Bitcoin ETFs to Hit $50B in 2025 as Investors Flock to Crypto- Bitwise CIO

Irene Mukiri

Irene Mukiri, a crypto enthusiast and writer, embraces travel. As a digital nomad, she delves into the potential of blockchain technology, showcasing its capacity to unite and empower humanity in her writing.

Bitcoin ETFs may see $50B in inflows in 2025 as investors shift from US Treasuries while the SEC considers more crypto ETF approvals.

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Bitcoin ETFs are expected to attract $50 billion in inflows in 2025, with January already recording $4.9 billion.<br />

What are the expected inflows for Bitcoin ETFs in 2025?

Bitcoin ETFs recorded $35.2 billion in inflows in 2024, with the highest monthly inflow of $6.4 billion in November.<br />

How did Bitcoin ETFs perform in 2024?

The SEC may approve additional spot crypto ETFs in 2025, with applications submitted for assets like Solana, XRP, and Dogecoin.<br />

Will the SEC approve more spot cryptocurrency ETFs in 2025?

Litecoin Hashrate Surges 30%, ETF Proposal Filed Amid Market Shifts

Litecoin

Litecoin’s hashrate spikes 30%, mining profits drop, and Monochrome files for a Litecoin ETF as holders hit 6M+ addresses.

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Litecoin is trading at $115.00 with a market cap of $8.71 billion.

What is Litecoin's current price?

Mining profits fell due to a 30% increase in network hashrate since January.

Why has Litecoin mining profitability dropped?

It’s a proposed crypto ETF offering regulated access to Litecoin in Australia.

What is the Monochrome Litecoin ETF?

President Trump Pardons Silk Road Founder Ross Ulbricht After 12 Years in Prison

President Trump pardons Silk Road creator Ross Ulbricht whose harsh sentence sparked debates on justice fairness and digital currency reform.

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Ross Ulbricht founded the Silk Road darknet marketplace, which facilitated Bitcoin-based transactions.

Who is Ross Ulbricht?

He was sentenced for creating and operating the Silk Road platform, which included illegal goods and activities.

Why was Ross Ulbricht sentenced to prison?

Ulbricht received two life sentences plus 40 years in prison without the possibility of parole.

What was Ross Ulbricht's original sentence?

Next Crypto to Explode? Watch These 5 Coins as China’s Rules Shake the Market!

AurealOne

Wilfred Michael

While all these cryptos show immense growth potential, Aureal One stands out as the next crypto to explode. Focused

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WilfredMichael

Will PEPE Hit $0.000021? Whale Moves $10.99M Amid Market Rally

pepe

PEPE eyes $0.000021 amid market recovery! A whale moves 588B PEPE ($10.99M) to Kraken, sparking speculation of a sell-off.

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PEPE is trading at $0.00001842 with a 24-hour volume of $1.11 billion.

What is PEPE's current price?

Support is at $0.000016000, while resistance is at $0.000021000.

What are PEPE’s key support and resistance levels?

A whale deposited 588B PEPE ($10.99M) on Kraken, raising concerns about a potential sell-off.

Why is PEPE’s price movement uncertain?

$2.2B Bitcoin & Ethereum Options Expire Amid Market Turmoil—What's Next?

Over $2.2B in Bitcoin & Ethereum options expired as moderate bullish signals emerge amid volatile crypto markets.

$2.2B Bitcoin &amp; Ethereum Options Expire Amid Market Turmoil—What's Next?

$2.2B Bitcoin &amp; Ethereum Options Expire Amid Market Turmoil—What&#8217;s Next?

$2.2B Bitcoin & Ethereum Options Expire Amid Market Turmoil

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Over $2.2 billion in options contracts expired.

What is the value of Bitcoin and Ethereum options that expired on January 10?

Bitcoin's max pain point is $97,000, and Ethereum's is $3,450.

What are the max pain points for Bitcoin and Ethereum?

Strong U.S. job data reduced hopes for early Fed rate cuts, leading to price declines.

Why did crypto prices fall earlier in the week?

Best Crypto to Buy Now: 10 Hottest Picks for 2025 – DEBO Is the One to Watch

DexBoss simplifies decentralized trading, gaining a spot among the best crypto to buy now for huge returns. It's a platform

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