Cryptocurrencies are all the rave now, and if you missed Bitcoin, it might seem like it’s too late. However, this is not the case.
According to research we conducted at Illumishare SRG, we discovered that only 4.2% of the world’s population had adopted cryptocurrencies. This leaves a huge gap for investors who want to get involved with them.
If you’re still not convinced, check out our previous publication, “Is it too late to invest in cryptocurrencies?”
Now that we have that sorted out and you’re ready to invest in the future of money, here are ways to get started.
The first way to buy crypto is by buying it directly on an exchange. If you’ve never bought cryptocurrency before, you may be wondering what exchanges are. They are websites where you can trade your fiat currency (like USD) for crypto. You’ll find many different types of exchanges, but the most popular ones include Coinbase and Binance.
Another way to invest in cryptocurrencies is by investing in ICOs. An ICO or initial coin offering is when a company sells its own coins or tokens for the purpose of funding its project. The goal of these projects is to create value through blockchain technology.”
ICOs are also known as token sales. In order to participate in ICOs, you need to purchase tokens. These tokens represent ownership in the project, which will then give you access to the benefits once the platform launches.
Crypto stocks are companies that issue their shares using cryptocurrencies instead of traditional currencies. One example of a company that issues its shares using cryptos is Ripple.
You can buy these shares just like any other stock. The difference is that they don’t use fiat currency, so there’s no central bank controlling the price. Instead, the price fluctuates based on supply and demand.
Staking means taking part in a decentralized network. It requires users to hold some form of cryptocurrency while others stake new coins. When you stake, you earn rewards based on how much time you spend staking.
For example, if you stake $100 worth of SRG Token on the IllumiShare Network, you’ll receive 18% back per year. That’s because you’re helping maintain the network and keep it secure while earning rewards along the way.
Now that you know the ways to invest in cryptocurrencies let’s take a look at the best places to start.
Your best option will be to find a new cryptocurrency with potential long-term value. Remember that cryptocurrencies are volatile and risky, so make sure you do your due diligence before purchasing one.
If you don’t know where to begin, IllumishareSRG is a great place to begin. IllumiShare SRG is an upcoming cryptocurrency backed by three-unrelated assets to help provide stability and opportunities to investors in an ever-volatile market.
Unlike other cryptocurrencies, illumiShare SRG aims to provide real-world, long-term value to holders and everyday active members of our community. A lot of respectable companies and individuals already believe in the future of illumiShare SRG, including The Royal Family Of Abu-Dhabi.
Whether you want to invest in cryptocurrency, trade NFTs, or receive cryptocurrency payments on your website, our platform will help you achieve your goals.
Join our community from the start and stand a chance to win a Gold List spot before we launch.