This KYC process varies by jurisdiction but usually involves submitting a valid form of Zacks Investment Research identification. All users need to do is initiate a transfer from their bank account, and the funds will be received in their Fiat Wallet. 5. Confirm the transaction with a passcode or biometric verification. 3. Under Cash, select the relevant Fiat Wallet and tap Buy again. 3. Under Cash, select Add Payment Method. 2. Select a cryptocurrency. 2. Select a cryptocurrency. Buying cryptocurrencies with a credit or debit card is a convenient and fast way to build a portfolio. Once the identity documents are verified, it’s time to decide on a payment method. 4. Review the transaction details and tap Continue.

Learn more about them here. 4. Review the transaction details and tap Continue. 4. Review the transaction details and tap Continue. 2. Select a cryptocurrency to be converted to fiat. 2. Select a cryptocurrency to sell. 3. Under Crypto, select a cryptocurrency to buy and tap Sell again. For detailed guides on how to sell Bitcoin and other cryptocurrencies to buy fiat, visit the Help Centre. 5. Confirm the transaction with a passcode or biometric verification. 3. Under Cash, enter the amount to be converted to fiat. They can enjoy up to 5% back on spending and many other perks, including Spotify and Netflix subscription rebates, airport lounge access, and zero annual fees. 5. Confirm the transaction with a passcode or biometric verification.

With the resources that are now available, the world of cryptocurrency is more accessible than ever. Past performance is not a guarantee or predictor of future performance. You should not construe any such information or other material as legal, tax, investment, financial, cybersecurity, or other advice. When assessing a crypto asset, it’s essential for you to do your research and due diligence to make the best possible judgement, as any purchases shall be your sole responsibility. The value of crypto assets can increase or decrease, and you could lose all or a substantial amount of your purchase price. Returns on the buying and selling of crypto assets may be subject to tax, including capital gains tax, in your jurisdiction. All examples listed in this article are for informational purposes only.

Crypto purchases can be made through brokerages, exchanges, and peer-to-peer marketplaces. Staying abreast of industry developments and trends helps in making informed, safe decisions when participating in the cryptocurrency market. Common payment methods for purchasing cryptocurrencies are bank transfers, credit/debit cards, and other cryptocurrencies. Cryptocurrency adoption has been accelerating year-on-year since the creation of Bitcoin in 2009. Of the over 580 million cryptocurrency owners globally (at the time of writing), almost 300 million are holders of the coin that started it all. When trading in crypto, buyers must determine the right strategy for their goals. Where to store purchased coins and tokens must also be considered; cold and hot wallets each have their pros and cons.