Cryptocurrencies: five tips to make an investment safely

The transactions in cryptocurrencies grew by more than 600% in the last year. Even the bitcoin, recently managed to get the US authorities to allow it to have a publicly traded fund and it is already used as an official means of payment in El Salvador.

Let’sBit in Peru, a cryptocurrency platform for investments and payments, considers it important to take into account five aspects that will allow making a transaction safely.

-Regulation: For those who are starting in the world of cryptocurrencies, it is recommended that they look for and identify regulated and reliable platforms. Find out about the country of origin and the experiences that users have had.

-Classification: It is important to know that there are different types of cryptocurrencies. Among the best known are Bitcoin, Ethereum, which tend to be volatile; But for the most risky there are cryptocurrencies such as Solana or Polkadot that have increased their value by 20 or 30 times so far this year. Likewise, there are stablecoins, cryptocurrencies whose value is tied to the dollar.

-Costs: The alternatives offered by the market allow you to buy any crypto from one sol or one dollar, allowing people to start saving or investing from minimum amounts. In addition, there are platforms, such as Let’sBit, that do not charge commissions or to buy or sell.

-ID: To start in the world of cryptocurrencies, it is necessary to have registered accounts on the different platforms with email, verify identity, decide whether to send soles or dollars, and choose any of the cryptocurrencies available to buy.

-Ease: It is also important to identify platforms that are friendly and very easy to use, that have a variety of cryptocurrencies available to buy in both soles and dollars. In addition, today it is important that they have a live chat, so that anyone with doubts, problems or suggestions can chat with the agents online.