Some say it is too late to buy Bitcoin now, with its value rising over 24,000% since its inception. On the one hand, some argue that the price of Bitcoin could reach billions or even billions in the future, as cryptocurrencies are still in their infancy. In the end, the important thing is to do your own research and set your own investment goals.
Trade and hold BTC with ease and hassle-free
Bitcoin, ranked number one by market capitalization, was the first cryptocurrency developed in 2008 by an anonymous developer, Satoshi Nakamoto.
It is also called “digital gold” because of its limited supply and decentralized nature, and many believe that it will increase in value over time.
- You can buy bitcoin with a credit card
- Buy Bitcoins easily with your card or Apple Pay on Phemex
- Spot trading
- You can trade over 54 crypto pairs including BTC/USDT on Phemex, which has a leading trading engine.
- Cryptocurrency converter
- With Phemex, you can easily convert between Bitcoin and cryptocurrency or fiat currency.
- OTC trading
- You can safely buy Bitcoin through bank and wire transfer. Supports various fiat currencies such as USD, EUR, GBP, JPY, AUD, SGD, MXN, etc.
Bitcoin uses cryptographic proofs as a security mechanism for tamper-resistant processes and secure transaction recording.
What you can do with the Bitcoin?
You can easily buy Bitcoin on Phemex.
With Phemex’s cryptocurrency purchase service, you can easily purchase over 50 cryptocurrencies, including BTC, ETH, USDT, SOL, XRP, and LUNA, with credit and debit cards.
Phemex works with 6 fiat payment partners to support fast and secure payments in over 90 fiat currencies.
- Buy and hold
- Some users hold Bitcoin to monetize its value. A Phemex account allows you to keep your BTC safe.
- Trade
- You can use Bitcoin to trade in the Phemex spot and contract markets. Phemex supports over 80 spot trading pairs, allowing you to trade various cryptocurrencies such as ETH, DOGE, XRP, etc. with BTC.
- Bitcoin finance
- You can generate stable interest income with your bitcoins by using the Phemex cryptocurrency Earn. Phemex works with professional wealth managers to deliver industry-leading returns.
- Sell
- With Phemex, you can sell your bitcoins and receive the proceeds from your spot wallet within 2 hours. Phemex works with global famous cryptocurrency platforms to provide outstanding liquidity.
With Bitcoin, you can pay for sneakers, movie tickets, communication expenses, etc., and donate to charities.
This is because companies and entities such as Foot Locker, American Cancer Society, and AT&T have accepted Bitcoin payments.
We still have a long way to go, but one thing is clear: more and more organizations are adopting Bitcoin.
How to buy Bitcoin?
One of the golden rules of investing is not to invest in what you don’t know, only to invest in what you know.
Before deciding to invest in Bitcoin, consult Phemex’s latest Bitcoin documentation to understand your use cases, background, developments, and, most importantly, real-world adoption.
Phemex offers a variety of ways to buy Bitcoin through its very secure and high-performing platform.
All functions of Phemex are designed for safe and convenient transaction service.
Download the Phemex mobile app and trade cryptocurrencies like Bitcoin from anywhere.
You can easily buy BTC with just a few touches. Store your BTC securely in your Bitcoin spot wallet and access the cryptocurrency market from anywhere.
Should you buy Bitcoin now?
Determining the timing of an investment is not easy and cannot be overstated as each trader has different risks and investment goals.
However, experienced traders actively utilize trading indicators and strategies to determine the best time to buy Bitcoin.
Please refer to the Technical Analysis section of Phemex Academy to learn more about various cryptocurrency trading strategies.
Since one BTC can be divided into 100,000,000 pieces, it is possible to buy in divisions such as 0.5BTC, 0.1BTC, 0.01BTC, etc.
You can specify how much you want to spend in fiat currency when purchasing cryptocurrency on Phemex.
The minimum amount of ink is 30 USD. Depending on the Bitcoin price at the time of purchase, BTC of the equivalent value will be transferred to the Phemex wallet.
Please check Phemex official website or contact the customer support with regard to the latest information and more accurate details.
Phemex official website is here.
Please click "Introduction of Phemex", if you want to know the details and the company information of Phemex.
Comment by jetonwhy
February 16, 2025
Anyone else finding it weird that Deriv only allows deposits through Jeton and not bank transfers? They’ve removed crypto too, so now it’s just cards and Jeton. Kinda frustratin...