The cryptocurrency market is getting more and more attractive for traders and investors, even amid the bear trend and “crypto winter” the market is living through starting from spring 2022. Now that all crypto rates have dropped significantly, many people want to enter this field and buy digital assets to generate income either on trading or from long-term investments.

Many crypto platforms offer services for crypto investment. The biggest and most trusted are:

  • Binance
  • Coinbase
  • WhiteBIT
  • FTX.

They offer a variety of trading tools such as futures, leverage, margin, and others.

Why WhiteBIT?

Novice investors appreciate this exchange, for it offers reliable and profitable financial instruments and a convenient cryptocurrency converter. For example, if you want to invest in BTC, you can enter the WhiteBIT calculator cryptocurrency, pick BTC and coins you want to sell, and the converter will display the current price BTC in the equivalent of coins you have. That will show you how many coins you need to spend to buy BTC.  WhiteBIT allows buying BTC with fiat currencies as well – dollar, pound, euro and other fiat money.

To convert crypto on WhiteBIT, you need to register an account and pass KYC. You may use the cryptocurrency converter without verification, but in that case, you will have limited withdrawals.

Protection of capital in CFD trading necessitates the careful management of positions and the employment of risk management strategies.

What About Price BTC?

The Bitcoin rate did not change much in the last three months. Its peak was in August 2022

when the price reached $24.56, and then it gradually dropped to today’s level of $17,5. Therefore, it is a good time to buy Bitcoin as its rate is low and hold it until the market trend changes.

Learn more about investment on the WhiteBIT blog – the resource with numerous articles and guides on trading as well as reviews and prospects of digital coins.