Too Much Information? Let Us Guide You
Why Do Cryptocurrency Prices Change?
Cryptocurrency prices constantly fluctuate due to market volatility. These price shifts are normal because cryptocurrencies are decentralized—no single entity controls their value. Multiple factors influence prices, including:
- Market trends
- Global news events
- Supply and demand dynamics
Before investing, track market movements and understand how these assets work.
Which Cryptocurrency Should I Buy?
Start by researching—just like you’re doing now! Consider these options:
- Volatile cryptocurrencies: Bitcoin (BTC) and Ethereum (ETH) experience significant price swings.
- Stablecoins: TUSD and DAI offer stability, pegged to the US dollar.
👉 Compare crypto prices and charts to find assets matching your goals. Remember: crypto investments carry risk, and profits aren’t guaranteed. Only invest what you can afford.
When Can I Buy Cryptocurrency?
Unlike traditional markets, the crypto market operates 24/7. You can trade anytime, but prices change continuously—day or night. Bitso stays synced with the market, ensuring you can buy digital assets whenever you’re ready.
How to Buy Cryptocurrencies?
Ready to buy? Follow these steps:
- Sign up on Bitso (via website or app for Android/iOS).
- Deposit local currency (minimum 100 MXN).
- Click "Convert" to purchase your chosen crypto.
For FAQs, visit Bitso’s Help Center.
FAQ
1. Is cryptocurrency trading risky?
Yes, due to volatility. Always research and invest responsibly.
2. Can I withdraw cryptocurrencies anytime?
Yes, if the platform supports withdrawals. Check Bitso’s policies.
3. Why choose stablecoins?
They minimize price fluctuations, ideal for cautious investors.
👉 Learn more about crypto safety before diving in!
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