If you’re into cryptocurrency, you might already know that Bitcoin is renowned for being the world’s largest crypto. When it was launched in 2009, Bitcoin was virtually worthless. Fast forward to today, and Bitcoin is trading at approximately $30,000. This translates into growth of millions of percent.
Actually, it is quite evident that its underlying technology increases the investment thesis for Bitcoin. For instance, Bitcoin is suitable as a medium of exchange. Cross border transactions take merely 10 minutes and rarely cost more than a few dollar. Not to mention, Bitcoin is also transparent, with transactions beings posted to the blockchain ledger.
That aside; are you wondering how to convert Bitcoin cash to Randwithout the hassle? If so, there is nothing to worry about since you’ve definitely come to the right place. In this quick guide, we will take you through how to change Rand to Bitcoin and store it safely.
Where to Buy Bitcoin
Before going any further, you ought to know about where to buy Bitcoin. Fortunately, this doesn’t have to be the underlying reason behind your woes since you can buy Bitcoin on several different platforms depending on your crypto purchasing needs. A good way to go about this is by leveraging what different crypto exchange platforms offer investors and traders.
One such crypto exchange worth leveraging is the renowned Remitano. Here, you can convertZAR to Btc without feeling the heat. After all, it allows users to easily complete any transactions with Bank Transfer or Remitano NGN Fiat wallet. If this is not enough, you can buy and convert Bitcoin to Rands just using phone verification with zero fees. No wonder it continues attracting attention of those who want to convert 1 Bitcoin to Rand.
Where to Store XRP
Now that you have an insight into the best place to change ZAR to Btc, it is also vital that you know what it takes to keep it safe. One thing you ought to keep in mind is that storing coins on an exchange for an extended amount of time could end up working against you. This is because the strategy leaves you open to the chance of being hacked.
The good news is that you can never run out of options when in dire need of the best Bitcoin Wallet to leverage. It simply narrows down to doing a bit of research here and there, and you’re good to go. Ensure you look into the reputation of the prospective wallet you want to leverage before deciding on anything.
The Bottom Line
These are just but some of the things you need to know on how to buy Bitcoin. To reap maximum benefits, it is in your best interest that you do your homework. Things are not any different for those who want to know how to change 1 Bitcoin to ZAR.Take it upon yourself to examine what Remitano offers users, after which you can convert Rand to Bitcoin.
