As cryptocurrencies continue to attract new investors and grow stronger every single month, we see new projects release their solutions and services to the market. We also see that companies are investing in digital assets such as MicroStrategy or Tesla, which purchased several millions of dollars in Bitcoin (BTC).
But retail investors continue to struggle in many aspects when they want to swap their fiat currencies for cryptocurrencies. It is not easy to decide which are the best exchanges in the market to buy digital assets. Moreover, which of them offer the best price for the coins you want to buy?
This is where BitcoinMarket is trying to help users. In this guide, we are going to share with you what BitcoinMarket is and how you can start using it to exchange your fiat currencies for digital assets.
BitcoinMarket Review – What is BitcoinMarket?
BitcoinMarket is a platform that shares information about the top and most popular cryptocurrency exchanges to buy and sell most of the digital currencies in the market. This website aggregates these exchanges and makes it possible for you to get a clear idea of which platforms are now helping you to buy and sell digital assets.
Over the last few years, we have heard how a large number of exchanges has been affected by hacks and attacks. This is why we want to make sure that we use the safest possible platforms. Having this in mind, BitcoinMarket has selected the most trustworthy exchanges that help users handle their virtual currencies in an easy way.
This platform would definitely avoid listing platforms that might not be trustworthy. In this way, you can always rely on some of the safest platforms in the crypto space. Remember, however, that rather than keeping your funds on exchanges, you should withdraw the funds to a hardware wallet.
Let’s take into consideration that exchanges usually have different cryptocurrency prices due to local market conditions. This is where users can get an advantage of these price differences thanks to BitcoinMarket. Rather than manually searching for the best platforms and prices, everything will be reported on the BitcoinMarket site. In this way, you get access to the latest market data and information to buy and sell virtual currencies.
How to Use BitcoinMarket?
Using BitcoinMarket is straightforward. As soon as you enter the site, you will find a large number of exchanges from which you can buy or sell digital assets. You can select the payment method you want to use and you will have the ability to change your fiat currencies for digital assets.
At the moment, the BitcoinMarket platform has added support to a large number of coins, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), XRP, EOS and many others such as Monero (XMR), Zcash (ZEC) or Stellar (XLM).
Some of the payment methods available right now include Perfect Money, cryptocurrencies, Visa or Mastercard, and many others. Paypal, Neteller and Webmoney are also supported as well as wire transfers.
The company wants to make it possible for you to use different payment methods in order for your experience to be as seamless as possible. Indeed, the system is very intuitive and easy to use for customers.
The website has been very well built. It has a clear layout and it also includes a list of the cryptocurrencies supported on the left side of the screen. At the same time, the page has a list of supported exchanges and the payment methods that customers can use.
On the left side, they will also share with you the largest buying or selling possibilities per cryptocurrency and the payment method you can use. In order to start using the platform, you will have to register on the site, which can be done in just seconds.
Furthermore, the page is available in different languages, including Russian and English depending on where you come from. In the future, the team behind BitcoinMarket could add some other languages for users in other countries.
But let’s now move to the centre of the screen where the most important information is available. You will see a list of exchanges that share the price and information about their services to users. This is very useful because it would help you decide which exchange to use to execute your trades.
If you are not sure about a platform, you can also check the reviews from previous customers. This would help you to get the best possible rate for a cryptocurrency but also be sure that the services they offer are trustworthy.
Cashback From Exchanges
One of the main advantages of using this platform is that you will get cashback for a completed trade on one of these exchanges from people that you onboard. In order to enjoy this benefit, you will have to get an affiliate link after registering an account. You will have to place the link on social networks and get 0.1% of the amount of the completed orders.
Basically, this is a referral program that incentivizes you to bring new people to this platform. The larger the number of users that perform trades through BitcoinMarket, the larger the rewards you will receive (0.1%).
Once you want to withdraw your funds, you can create a withdrawal in your personal account selecting the amount you want to withdraw and using a wallet that you feel comfortable with. This is one of the most attractive things about BitcoinMarket. Take into consideration that the minimum withdrawal amount is currently $1 per user.
This platform is a great way to get valuable information about exchanges and digital assets. You can easily see which are the best platforms that allow you to buy or sell a specific cryptocurrency. Moreover, with their filters, you are also able to decide the type of payment methods that you have.
Furthermore, one of the most useful things is the possibility to promote the platform and get rewarded for transactions made by other users. Each transaction executed will reward you with 0.1%, which can be then withdrawn from the platform to the wallet you choose.
In the future, BitcoinMarket could add new features and exchanges to attract a larger number of clients.