Cryptocurrency trading has many cases of success, which inspires many people to get started with cryptocurrencies. Due to the cryptocurrency market instability, it is possible to generate significant profits from buying and selling digital assets at different prices. However, it also bears risks – the same high as the possibility of earning.
To get started with trading, you first need to acquire crypto assets. Let’s talk about how to buy cryptocurrency.
The easiest way to acquire crypto is to use a calculator cryptocurrency. There are many different types of such tools, but here we focus on crypto exchange calculators. They may vary by:
- the fee policy;
- safety of transactions;
- withdrawal limits;
- custom support.
The best option would be to use a converter of one of the large and reliable crypto exchanges; for example, it could be WhiteBIT.
What is WhiteBIT?
WhiteBIT is a centralized platform for cryptocurrency exchange that offers a user-friendly crypto price calculator. This tool provides up-to-date information on current rates and allows for seamless conversion between various digital assets.
Follow these easy steps to purchase cryptocurrency on WhiteBIT:
- Register and complete KYC verification to access all platform features.
- Select the crypto value calculator.
- Enter the required information, including the currency you possess and the amount of the asset you wish to buy. The platform will display the current market price.
- Pay the applicable fee and receive your purchased coins in your account.
In addition, WhiteBIT also provides a crypto lending calculator that calculates the rewards you can earn based on the number of tokens you lock and the duration of the lock-in period.
How to Use a Calculator on the WhiteBIT ?
The beauty of the WhiteBIT platform is its simplicity and transparency. Its interface is clear even for novice traders. You first need to move coins to the trading balance to use the calculator cryptocurrency. Then select the coins you want to sell and the assets you want to receive. The converter will show you the relevant price for this pair and the commission (which is fixed for all operations on the platform). Then in the space below, you should enter the number of coins you are willing to sell. Once you pay the fee, the needed coins will arrive in your account. These operations are also available with fiat-crypto pairs but only for registered and verified clients. The platform has official registration and license, so it takes care of its reputation and the safety of its customers. You may always address customer support if you need help. Read the WhiteBIT blog to keep up-to-date on the latest events in the crypto industry and invest in the most promising digital projects. Overall, WhiteBIT is a great option for new cryptocurrency traders.