Buy Bitcoin (BTC) in Chervonohrad

Buying Bitcoin in Chervonograd: a step-by-step guide for BUYBank clients

Bitcoin is on the list of popular digital currencies in which both institutional and ordinary investors invest. Due to the fact that this coin has excellent divisibility, you can buy even one thousandth of BTC. If you decide to start your journey in the crypto market, investing in the first digital currency that has already proven its reliability will be the right decision. Do you want to buy Bitcoin for hryvnia in Chervonograd? With the help of the BUYBank exchange service, you can purchase an asset quickly and without risks.

Why Bitcoin is called "digital gold"

BTC is the first cryptocurrency that appeared more than ten years ago. If initially many were wary of her, now the situation has changed. Bitcoin is called “digital gold” because this asset can protect capital from inflation and economic instability in financial markets, is used as a payment instrument and is quite suitable for short-term speculation. The coin is highly volatile and allows you to earn on the difference in rates.

The list of main advantages of Bitcoin includes:

• deflationary nature, which makes the asset promising for long-term investment;
• independence of the bitcoin exchange rate from the policy of the authorities and financial institutions. The value of a coin depends on supply and demand;
• complete anonymity of financial transactions in the blockchain;
• no limits on transfers within the network;
• low commission costs;
• security and high speed of operations.

It is important to note that the peer-to-peer system, with which millions of users work, does not have a single control center. Despite the lack of control from banks and governments, bitcoin has a chance of obtaining the status of a legal asset. This is already being discussed in many countries, including Ukraine.