Should you buy or trade cryptocurrencies?
Before deciding whether to buy or trade cryptocurrencies, it is essential that you consider the differences between these two methods. Check out our video and table below for more information.
You may be interested in buying cryptocurrencies if ...
You want to be the owner of the cryptocurrency
You want to pay the full value of the asset in advance
You want to get direct exposure to an underlying exchange per account
You want to wait to have an exchange account before buying or selling
You don't mind having introductory limits or maximum deposits
You don't mind paying additional fees for deposits or withdrawals
You may be interested in trading cryptocurrencies if ...
You want to speculate on the price of a cryptocurrency without owning it
You want to leverage their position, so you only have to contribute part of the cost up front
You want to start trading right away
You want to get exposure to multiple exchanges per account
You don't want to have a maximum deposit limit
You don't want to pay deposit or withdrawal fees