SOS

SOS

FAQ - Doc - Forum

Où l'éducation et la sécurité se rejoignent

Cryptocurrency investing and trading

Crypto, how to invest?

Estimated reading: 2 minutes 12 views

Choose a reliable and secure exchange platform

Opt for a CEX (Central Exchange) renowned for its reliability and security (most of them invest in their own cybersecurity). Among the best-known are platforms such as :

Check your identity (KYC)

Before you start trading, you’ll often need to verify your identity in accordance with the platform’s requirements. This process, known as KYC (Know Your Customer), is a security measure designed to prevent money laundering.

Deposit money

Deposit funds into your trading account by bank transfer, which is usually an inexpensive option, or by credit card, although this often incurs higher fees. Pex: Crypto.com and others often have an Estonian, Lithuanian IBAN account. (Binance is now connected with the belfius app)

Exchanging euros for cryptocurrencies and vice versa

Once your funds are on the platform, you can exchange them for available cryptocurrencies. Make sure you comply with your country’s tax laws, such as those in Belgium, and manage your investments responsibly.

Protect your crypto-assets

Normally, you can leave your assets with the platforms. Especially if they are large platforms that have invested in their cybersecurity. . Mais il existe tjs une possibilité de hack ou de société en faillite !

We therefore advise our readers to use a hardware wallet (called a cold wallet) such as Ledger to store your assets outside the exchange platform. This adds an extra layer of security in case of hacking or problems with the platform. This allows you to be your own bank, but it does include the risks of being your own bank!

Leave a Comment

Share this Doc

Crypto, how to invest?

Or copy link

CONTENTS