New to the world of crypto?
If so, you probably want to know how to buy and sell Bitcoin easily. And you’ve come to the right page to learn this.
In this guide, I will discuss the easiest way to buy and sell Bitcoin. The platform I will introduce will also allow you to earn rewards at the same time, so learning this method has a dual purpose – buy and sell crypto, as well as earn free crypto.
Let me tell you that the platform I’m referring to will also allow you to trade other cryptocurrencies, so it’s a very flexible and user-friendly platform.
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What can you use to buy and sell crypto?
The platform I’m talking about is called Crypto.com. This app is a crypto management and trading platform that supports many cryptocurrencies.
And as I’ve mentioned above, it is very user-friendly, so it’s a great platform for beginners in the crypto trading industry.
Plus, it also has a feature that makes it possible for you to earn while buying and selling Bitcoin and many other cryptocurrencies. All you need to do is set it up, and you’ll have a better chance of making a profit by buying and selling crypto.
Later, I will explain how you can set it up. I’ll also include a link you can click to join the platform.
How to buy and sell Bitcoin?
Now that you know which platform to use to buy and sell Bitcoin, it’s time we discuss the actual method of doing so. For this, I have made a video explaining exactly how to do it. You can also read the full details below the video.
Recommended: Check Out the Easiest Way to Start Trading Crypto
The first thing you need to do is log in to the Crypto.com app. Once you’ve done that, you’ll immediately see the Buy and Sell options (refer to the photo below).
Just press the option you want to use. If you want to buy Bitcoin, press the Buy button, and it will ask you to choose the crypto you want to buy.
Just press the crypto you want, which, in this case, is Bitcoin. And let me just tell you that Crypto.com supports a lot of cryptocurrencies, so you will really have a lot of options to choose from.
After you’ve selected the crypto you want to buy (Bitcoin), you just have to indicate how much you want to buy. You can set the app to allow you to buy crypto in terms of the currency you are using (US Dollars, for example). That way, you don’t have to calculate the amount it will cost to buy the amount of Bitcoin you want.
Then, you can choose how you want to pay for the purchase. You can use the Fiat Wallet, which is the money you’ve transferred to Crypto.com from your bank account. You can also use Google Pay to pay for the purchase, or you can also use other cryptocurrencies in your account. The latter is basically just trading one crypto for another.
Lastly, you can also use your credit or debit card to pay for the purchase, so you really have a lot of options to pay for the Bitcoin you want to buy. After you’ve selected the method you wish to use, just hit the Buy button to complete the purchase.
You’ll first have to complete the security checks to finish the transaction. This is a security system set up by Crypto.com to ensure that there aren’t any unauthorized transactions done in your account. Once the security checks are done, the transaction will be completed.
For selling Bitcoin, the process is pretty much the same, but instead of pressing Buy, you just need to go to the Sell section. The process is really very straightforward and easy to do. Just take note that this is just one way to buy and sell crypto, and it is called market order transactions.
Earlier, I mentioned that you can also profit just from buying and selling crypto using this app. In the next section, I will discuss how you can do this.
How to automatically earn crypto from buying and selling?
The above process is called market order transaction, which will allow you to buy and sell crypto at its current market price. But Crypto.com also has this feature called target price transactions, where you can buy or sell crypto like Bitcoin at a specific price.
All you have to do is go to the Buy or Sell page and go through the initial part of the process. Then, when it comes to indicating the amount you want to buy or sell, you have to select “Target Price” instead of “Market Price”.
Once you’ve done that, you just have to indicate the target price you want to buy or sell Bitcoin. Of course, you will have to study the market first to figure out the best price to buy Bitcoin to make a profit. In other words, you’ll be buying when the price of Bitcoin (or other cryptos) is low and selling it when the value is high.
That’s essentially the logic behind this transaction. Crypto.com makes it very easy for you since you can just select the percentage of the market price (when selling). For example, you can just set the transaction to be executed when the market price of Bitcoin has increased to 5%.
When that condition is met, the transaction will be executed automatically. You don’t have to manually press the Sell button to complete it. This, in my opinion, is why Crypto.com is considered a very user-friendly crypto management and trading platform.
The idea behind this feature is to allow you to buy crypto when its value is low and sell it when the value increases. This is how you profit from crypto trading, and Crypto.com will allow you to do it automatically.
But of course, you have to be patient with this feature because it won’t just happen overnight. It can take days or even weeks for the transaction to be executed, especially if you set your target price for maximum profit.
Other times, it might hit the target in a few hours. That can also happen.
But what is really great about using this automatic feature is that you do not have to sit and keep an eye on the market the whole time. You can just set it and forget it, and the app will automatically sell or buy, even if it is in the middle of the night.
Final Thoughts
As you can see, buying and selling Bitcoin from Crypto.com is very straightforward and easy to do and you can even profit by doing so. That’s because Crypto.com will allow you to buy crypto when its value dips and then allow you to sell it when its value increases.
These can be done automatically using the target price feature of the app. So if you are planning to profit from the transactions you make, this is a great option, in my opinion.
Crypto.com does offer more features, and you can check out the full tutorial of Crypto.com to learn more about what it offers.
How to join Crypto.com?
If you want to join this platform, you can click the join button below. It will take you to the download page and only take a couple of minutes to set up your account. And you will receive a $25 joining bonus (in the form of Cronos) once you’ve met all the requirements.
If you have any comments or questions, I would love to hear from you in a comment below.
