This is Why South Africans Should Invest in Bitcoin, Today!
Did you know, Bitcoin is one of the most lucrative forms of passive income? Bitcoin in South Africa is all the rage! And here's why.
You wanna buy Bitcoin, don’t you?
Most South Africans are keen on investing in and buying Bitcoin but have no idea where to start. More often than not, South Africans see it as a hassle and abandon the whole process altogether. But not you. No, you’re different. That’s why you’re here ?
What is Bitcoin?
When you dig into the details of Bitcoin, it’s almost an unbelievable tale about how to create money. Although it seems like fiction, it’s actually the best-known version of digital currency in use today. I mean, one Bitcoin alone is worth six-figures in South African Rands.
Bitcoin is a digital currency, so there are no coins to mint or bills to print. There is not a government, financial institution, or any other authority that controls it, so it’s decentralized. For a complete guide on Bitcoin and what it is, click this link
Here’s why you should invest in Bitcoin
So, why should you buy or invest in Bitcoin? Did you know, South Africans research more about Bitcoin and cryptocurrencies than most countries? Shocking, right? No, not really.
The point is, and I’m sure you’d agree. Fact, everyone wants a form of passive income. Bitcoin provides just that, and South Africans know this.
What about security? Is Bitcoin safe?
Studies shown by Kantar TNS in October 2018 show that 80% of South Africans recognize cryptocurrencies as an investment. Another 48% of South Africans also responded to this survey and expressed concern about losing their money.
It’s a valid concern. However, Bitcoin in itself is safe. Who you decide to invest your money with, in order to obtain Bitcoins however, is everyone’s own responsibility. Hackers, thieves, and scammers (as with anything valuable) will always be after your assets. So securing your Bitcoins is important.
If you’re serious about investing in Bitcoin and see yourself buying a significant amount, make sure the Exchange you register with has security measures in place. What’s an exchange? Read this article on it.
Okay, so why should I invest in Bitcoin
Okay, you’ve read and you’re still on the fence. So, why should you invest in Bitcoin today?
Well, seasoned, professional, and successful Bitcoin Investors believe that the cryptocurrency will not fall. As a matter fact, the value will continue to increase. Why? the currency has no governing body. So no financial crisis or global pandemic will affect its value.
Still not convinced? There’s a complete article on why the currency is safe and profitable?
Sidenote: Bitcoin trading is an easy skill to learn. Besides, it has extremely low fees. Investing in Bitcoin doesn't require a large sum of money. In fact, Bitcoin saves and makes you money effortlessly. Did you know, you can invest using fiat currency(ZAR), check your account balance weeks later and the value of your Bitcoins would’ve increased?
What are the benefits of investing in Bitcoin?
Affordable & Reliable
Investing in Bitcoin is bound to generate you a profit on your investment. The cryptocurrency is so volatile in price that it’s bound to continue on its skyrocket rise.
But wait, it doesn’t end there. Bitcoin has little to no fees. Can your bank say the same? ?
Need more reasons before you invest? Yep, there’s an article on that too ?
I’m sold! Where do I sign up?
Yep, that’s what I said ? So, you wanna get started? Well firstly, find an honest, reliable, and safe cryptocurrency exchange. But we took care of that hassle for you and found one. ChainEX.
“Chain-who?” ? You’ve never heard of ChainEX? Even Google knows ChainEX. ChainEX is a South African digital asset exchange that provides a platform for South Africans to buy, sell, or trade a variety of different digital assets using the South African rand as the default fiat-buying currency.
ChainEX provides you with a secure, online platform from which you can purchase and trade with different digital assets. Not only do they provide a platform for you to trade, but they also reward you for the people you refer!
Have questions for ChainEX?
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