In 2024, Bitcoin (BTC) maintains a prominent role in the digital currency market. This article explores buying Bitcoin with a card, offering insights into Bitcoin’s nature and its investment outlook for the year. The guide outlines actionable steps for acquiring Bitcoin, serving as a valuable resource for both new and experienced cryptocurrency investors. Let’s delve into the details of this Bitcoin purchasing guide.
What is Bitcoin?
Bitcoin, established in 2009 as the first decentralized cryptocurrency, marked a revolutionary shift in currency and finance with the introduction of blockchain technology. Evolving beyond its origins, Bitcoin has transformed into a highly sought-after investment asset.
Operating on a decentralized ledger, Bitcoin transactions are verified through digital signatures. The blockchain, a peer-to-peer network, maintains a distributed ledger across its nodes. Transactions involve the exchange of decentralized currency between parties.
Is Investing in Bitcoin a Wise Choice for 2024?
In the past year, Bitcoin (BTC) has exhibited impressive performance, with a substantial 98% price increase. This surge positions Bitcoin as an outstanding performer, outpacing 70% of the top 100 cryptocurrencies in this period.
Notably, Bitcoin has surpassed Ethereum, a significant player in the crypto market. Its current trading above the 200-day simple moving average highlights sustained positive momentum, suggesting a potential bullish trend.
Furthermore, Bitcoin’s high liquidity, reflected in its substantial market capitalization, solidifies its status as a robust and influential asset in the digital market.
Examining these crucial indicators, a compelling argument emerges for maintaining optimism about Bitcoin’s near-future performance. This suggests the potential for sustained growth and continued outperformance within the cryptocurrency landscape.
In 2024, is Bitcoin a viable investment option? Despite the cryptocurrency market’s volatility, Bitcoin shows promising potential for long-term success. With a solid presence in the digital domain, Bitcoin is relied upon by many individuals and projects, indicating a resilient market position that may contribute to its sustained performance over time.
Best Places to Purchase Bitcoin in 2024?
There are currently several platforms and exchange such as Coinbase, Ftx, Binance Kucoin, Bybit and luno where you can trade Cryptocurrency.
However, Bitget is the best as it distinguishes itself among cryptocurrency brokers for various compelling reasons. Known for providing some of the most competitive fees in the market, Bitget enhances cost-effectiveness in trading, ensuring optimal utilization of your investment. Moreover, the platform’s user-friendly interface streamlines the trading process, catering to both beginners and experienced traders.
How to Buy Bitcoin on Bitget in 2024?
Here’s a straightforward step-by-step guide. Begin with the initial steps if you’re new to crypto, but if you’re already a Bitget user, skip to step 3.
Step 1: Establish Your Bitget Account
Start by registering for a Bitget account. Visit the provided Link; https://partner.bitget.com/bg/cryptoticker and sign up using either your email or mobile number.
Step 2: Fulfill Your Identity Verification
To meet regulatory standards and enhance your trading experience, complete Bitget’s identity verification. Choose your country, upload required identification documents, and submit a selfie. Upon successful verification, receive a notification confirming readiness to proceed.
Step 3: Purchase Bitcoin with a Card
Link your Visa or Mastercard by selecting the Credit/Debit card option in the Buy Crypto section. Follow the provided screenshots to switch from USDT to BTC, add a new card, and finalize your transaction without incurring any fees.
