Cryptocurrencies are digital assets that are tradable and used to pay for items. They’re not based on an actual asset so the price is completely determined by supply and demand – meaning it’s only worth what someone will pay for it. This means cryptocurrencies are speculative, unpredictable, and hard to accurately value.

Peer-to-peer refers to the direct exchange of some asset, such as a digital currency, between individual parties without the involvement of a central authority. A strictly peer-to-peer system for exchanging bitcoin which is the most widely used cryptocurrency was made the primary goal driving its creation.

P2P exchanges match Bitcoin buyers with sellers. As a seller, you set your trade price and what type of payment method(s) to accept. Many accept PayPal, Bank Transfers, Credit Cards, and cash. The exchange is matching people interested in trading cryptocurrencies.

There are thousands of cryptocurrencies, most with very little value and unclear potential. Bitcoin is the first cryptocurrency, but it is not the only one. Many advisors recommend and prefer it, but at times its price can be volatile. Ether (ETH) is also one of the top cryptocurrencies on the market, competing with Bitcoin and other digital currencies. Ether recently crossed $ 3,000 per token which is a high price for ETH – this is still far behind Bitcoin’s value which sits at nearly $40,000 per coin.

You might have been searching online for ways to trade cryptocurrency or maybe you have had your doubts about newer and more trustworthy cryptocurrencies. Therefore, our website is partnered with the most trusted and secured known names in the industry.  

You’ll need to decide which currency you would like to buy. Basic information, user reviews, and other guides are on our cryptocurrency platforms which help you make the decision. Then, think about what will drive future price movements. If in doubt, start small with one of the more established cryptocurrencies like Bitcoin. You must do your research on cryptocurrency, and beware of cryptocurrency scams. Click here to find out more about scams and how to avoid them.

Investments are always risky, but trading cryptocurrencies is unusually high risk and speculative. You must understand the risks before you start trading and only invest if you are a knowledgeable investor with a clear understanding of financial markets.