Investing in crypto, especially for the first time, can feel daunting. There’s so much to get your head around, from new jargon to the risks involved. That’s why you may consider investing your hard-earned cash with a platform like Bitpanda. As Europe’s leading crypto investment platform, with over seven million users, Bitpanda offers access to the largest selection of crypto assets available in the UK or Europe – more than 600.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take two minutes to learn more.
You can start trading with Bitpanda from just £1, with zero deposit and withdrawal fees. Help is available around the clock, so you can find a time that’s convenient for you to log in online or on your phone, and trade – 24 hours a day, seven days a week. If you’re still a little confused with how things work, you can dig a little deeper over at the platform’s Knowledge Hub at any time.
When thinking about crypto, it’s best to find a platform that suits your schedule and doesn’t exceed what you can afford financially. Keep reading for all you need to know about Bitpanda.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Bitpanda
Wondering how to get started?
Kick things off with a Bitpanda Savings Plan, which will allow you to start building your portfolio of cryptoassets and all eight Bitpanda crypto indices in an automated way, from the comfort of your desk or sofa.
There are lots of benefits to having one of Bitpanda’s savings plans. From being able to set up as many personal savings plans as you want and having the flexibility to pause them at any time, to having the opportunity to utilise the cost average effect – as buying on a weekly, fortnightly or even monthly basis makes you less dependent on short-term price fluctuations.
Intrigued by early access to new crypto projects?
Bitpanda Spotlight is best suited to those who know a little more about crypto, as these coins are new crypto projects that are still in a developmental stage – so they carry a higher trading risk than more established assets. If you’re at that stage in your journey, Bitpanda Spotlight offers access to new, hard-to-find and fast-moving crypto projects on a secure platform, where you can subscribe to offered coins and be the first to know when they go live. From there, you’ll be able to buy, sell and swap the newest crypto projects.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Bitpanda
When you’re starting off with crypto, there will be jargon flying around that you’ve never heard before. It’s helpful to know the following terms, which you may see crop up as you get acquainted with Bitpanda:
Altcoins: A shortened name for alternative coins, altcoins are all the cryptocurrencies and tokens that are not Bitcoin.
Bull market: A bull market refers to rising prices (above 20 per cent over a sustained period of time), leading to positive market sentiment. It means investors are more confident as they anticipate long-term growth across the market. This term means the market rise is akin to the forwards motion of a stampeding bull.
Bear market: A term used to describe stock prices falling by 20 per cent or more over a sustained period of time. This then leads to caution from investors due to economic uncertainty, with protecting capital being prioritised over risk-taking in order to safeguard against any further financial loss. In essence, the market slump is being compared to a hibernating bear.
Staking: Using blockchain networks – where you can lock coins in a wallet as a way to earn returns – is known as staking in the crypto world. Risks include price volatility, technical issues and being unable to access your money at short notice.
It’s natural that where your money is involved, you’d be particularly cautious, and with good reason. Safety should always be something that you do your due diligence on, to protect not only your assets, but your personal information. Fortunately, Bitpanda puts safety at the forefront of everything they do, and uses cutting-edge technology along with transparent communication.
Unlike sites that will bombard you with spam, Bitpanda only processes your personal data for the purposes permitted according to the UK Data Protection Act, and not for automated decision making. In addition, several security measures are in place to make sure your data is safely stored and processed. Your assets are afforded the same protections, with Bitpanda storing them in highly-secure cold storage facilities that are examined by an external auditor.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take two minutes to learn more.
