Do you want to invest in Bitcoin, which is the most well-known and valuable cryptocurrency in the world today? Would you like to trade and learn Bitcoin with Fintechzoom, one of the most reliable platforms for this? If you are the one, you have come just to the right place.

In this complete guide, we will first of all try to guide you on what is Bitcoin and Fintechzoom and after that, we will move on to the best practices. Whether you are a newbie to the world of cryptocurrencies and taking your first step, or an experienced investor looking to diversify your portfolio, this guide will give you the most relevant knowledge and strategies.

By the end of this guide, you will be able to: 

• A brief understanding of Bitcoin and Fintechzoom and how they operate.
• Create an account and verify your identity through Fintechzoom.
• Store, buy, and sell Bitcoins on Fintechzoom with safety.
• Use the Fintechzoom advanced trading instruments and market data, to take part.
• Access the pluses and minuses of investing in Bitcoin using Fintechzoom.
• Apply the best pieces of advice and stay away from common mistakes while investing in Bitcoin using Fintechzoom.
• Solve posed frequently Bitcoin and Fintechzoom questions.

Ready to get started? Let’s dive in!

What is Bitcoin?

Bitcoin was launched in 2009 by a mysterious person (Satoshi Nakamoto) as a digital currency that makes use of blockchain technology for decentralized, peer-to-peer transactions without the need for central bodies such as banks and governments. It is based on the proof of work system which rewards miners for transaction validation and is currently the most expensive cryptocurrency. 

Transactions happen through an exchange of its native coin, which is similar to a share in terms of a traditional share, that is stored in wallets or exchanges, where coins represent their current value. The smallest unit that anybody can own is a Satoshi and to own one hundred millionths of a Bitcoin (100,000,000th) is called a Satoshi. 

Some Key elements include:

• Blockchain: It applies open-source blockchain technology to establish unchanging transaction history records and maintain the consensus on ownership.
• Private and Public Keys: Wallet keys are both private and public, and the transactions connect through them.
• Bitcoin Mining: Users run authentication of the transactions through mining, ensuring their consistency, and avoiding double-spending.

What is Fintechzoom?

Bitcoin investors have a valuable resource in Fintechzoom, which was founded in 2017 and its headquarters are in London. This exclusive online platform dedicated to fintech news and reports offers a wide scope of subjects like ePayments, cryptocurrencies, and blockchain. FintechZoom provides daily news, informative articles, market analysis, and a directory of the top global fintech companies.

Fintechzoom, furthermore, has a safe and consumer-friendly platform for buying, selling, and managing this, as well as other cryptocurrencies. It is feature-rich and provides margin trading, stop-loss orders, and limit orders. This set of features provides you with a chance to benefit from the full potential inherent in your trading strategies. Moreover, Fintech Zoom also delivers market data about analysis and charts, so that after understanding all the information you can make good decisions. What is more important, you will be posted with the state of the art technologies and tendencies in the market.

Fintechzoom is by no means just a platform for trading and managing your investments. It is a bridge between the world of cryptocurrency and the world of today’s money. You will be able to follow the latest things that are taking place in the industry by reading the news feed and analysis present on the link which is Fintechzoom. By the way, try to learn from the presentation of the views of experts and professionals. 

Through Fintechzoom, you will be up to date with the latest Bitcoin trends and enjoy the yields of this investment.

How to Create a Fintechzoom Account and Verify Your Identity

Instruction on How to set up an Account and Verify Your Identity at Fintechzoom, Before beginning to invest in Bitcoin with Fintechoon, you should first open an account and confirm your identity on the platform. Here are the steps to follow: Here are the steps to follow:

• Go to the Fintechzoom website and click on the” Sign Up” icon in the top right corner.
•  Please enter your email address and password and click the “I Agree” button to complete the registration. Finally, proceed to the button with Create Account under it.
• Please, examine the email and follow the link sent by Fintechzoom in the verification. You can then log in to the account and start using it.
• When you log in, you will be welcomed by a dashboard that is integrated with many choices. To use Fintech Zoom fully, you need to verify your identity and add a payment method.
• To verify your identity, click on the “Verify Identity” button which appears in the top right corner. You will be required to give some personal information, for instance, your name, date of birth, address, and phone number. Also, you need to upload a picture of your ID piece: a passport, a driver`s license, or a national ID. The Fintechzoom verification team will review your information and process the request within a few minutes.
• To make a payment, click on the “Add Payment Method” button that is located in the top right corner. You will be also asked to make a bank account or a debit/credit card. Based on how you choose to make the payment, you will need to provide your bank or card details respectively. We will make use of Fintechzoom to check your payment details and add them to your account.

Congratulations! You have made an account and completed the identification process on Fintechzoom. Now you are set to buy, sell, and store Bitcoin on the platform.

How to Buy, Sell, and Store Bitcoin Securely on Fintechzoom

Now that you have an account and a payment method on FintechZoom, you can start investing in Bitcoin. Here are the steps to follow: Here are the steps to follow:

1. To purchase bitcoins, hit the “Buy/Sell” button which is in the upper right corner. You will see a screen with two tabs: The terms “Buy” and “Sell”. Scroll down and select “Bitcoin” by clicking on the “Buy” button. After this, enter the amount of Bitcoin you would like to purchase in your local currency or Bitcoin. Here, you will view the current price and the costs by Fintechzoom. Moreover, you can set a recurring purchase, in case you want to buy this regularly. Once you are ready, click on the “Buy Bitcoin” button and confirm the transaction. FintechZoom will process your order and transfer Bitcoin to your FintechZoom wallet.

2. For selling Bitcoin, click on the ”Buy/Sell” button in the top right corner. You will see a screen with two tabs: Connecting “Sell” and “Buy”. Hit “Sell” and click on “Bitcoin” under the “Cryptocurrencies” list. Next, input the selling amount of Bitcoin that you want to exchange in your local currency or Bitcoin. But here you will see what the price is, and the fee of Fintechzoom. If you have decided, then when you are ready click on the “Sell Bitcoin” button and confirm your transaction. Fintechzoom will take care of the order processing and will transfer the money to your bank account or your card.

3. For the storage of this coin, you can use the Fintechzoom wallet which is a safe and convenient way to manage your cryptocurrency. Clicking on the “Wallet” button on the top-right corner will display your wallet. You can view your balance and transaction history. Likewise, you can send or receive Bitcoins from other users or platforms by using your wallet address or QR code. 

To further improve the security of your wallet, allow activation of two-factor authentication whereby a code from your phone or email is required to access your wallet. You may also create a backup phrase which is a phrase of words that is used to restore your wallet in case you lose your device or you forget your password.

To achieve more success in your Bitcoin investing, make use of the advanced trading features and market data on FintechZoom. 

Here are some of the features and data you can use: 

1. Stop-loss orders: These are automatic sell orders such that they sell your cryptocurrency whenever the price is below a particular threshold. It does give you a way of cutting your losses and guarding your profits. To set the stop-loss order, select the “Trade” button and then “Stop-Loss Order” from the menu. Next, input the amount of Bitcoin you want to sell, and the price at which you want to sell it. Moreover, you can also specify the time limit for your order. When you are ready, click on the “Place Order” button and complete the transaction.
2. Margin trading: This is a service that comes with Bitcoin that enables you to borrow money from Fintechzoom to buy more Bitcoin. To make use of trade on margin, click on the “Trade” button located in the right top corner of the platform trader and choose “Margin Trading” from the drop-down menu. Then, fill in the amount of Bitcoin you wish to purchase and consider the margin you want to use. For instance, if you use 2x leverage then you can buy more than the amount that you have in your account. FintechZoom is the interest rate yet it is your payment for taking out a loan from FintechZoom. The liquidation price is the price at which Fintechzoom will automatically sell your Bitcoin in case the price drops below this level. You can then click on the “Open Position” or “Confirm” to start the trade.
3. Limit orders: These real-time orders will enable you to buy or sell Bitcoin at a given price. This might be helpful for you to exploit the changes in the market in your favor and enter your positions at the prices that you target. Choose “Limit Order” by clicking “Trade” on the top right corner of the page and selecting “Limit Order” from the drop-down menu. Finally, specify the amount of Bitcoin to be purchased or sold and then the price you want to buy or sell at. Moreover, you can also use the time limit feature for your order. On making all your selections, go ahead and click on “Place Order” and confirm the transaction, then sit back and relax as the goods you desire will be delivered to you in 5 days.
4. Market data: Fintechzoom is the data, information, and analysis that provides you with market trends and working guidelines for better decisions. You will find the market data by clicking the “Market Data” button which is in the top right-hand corner. You will find different tabs which include – “Price Chart,” “Order Book,” “Trade History,” and “News Feed”. These tabs give you access to the current and historical price of Bitcoin, give you a view of the supply and demand of this, give you a view of the recent transactions of Bitcoin, and keep you up-to-date with the latest news and events. You can take the investment analysis process a step further by utilizing several tools like indicators, patterns, and alerts.

Advantages and Disadvantages of Investing in Bitcoin with Fintechzoom

Bitcoin investing with Fintechzoom also possesses its pros and cons. Here are some of them:

Advantages:

Security: Fintechzoom is equipped with advanced security measures including encryption, cold storage, and multi-signature to prevent your funds and data from being compromised by hackers and robbers. Fintechzoom.com is also fully compliant with the regulatory standards and requirements of different jurisdictions.

User-friendliness: Fintechzoom has a simple and user-friendly interface that allows everyone to use it effortlessly. Fintechzoom has a responsive and helpful customer support team that can assist you with any problems or questions you might have.

Market data: Through Fintechzoom, you can always get detailed market information, analysis, and news that will enable you to be aware of trends and movements. 

Customer support: The customer support team at Fintechzoom is both professional and dedicated, to give you quick and personal solutions to your problems or questions. You can contact them via any of the channels e.g. email, phone, or live chat. Fintechzoom’s FAQ section and blog as well are a great source for all the useful information and suggestions.

Disadvantages:

Fees: Fintechzoom takes charges for its services that users carry out which include trading, depositing, withdrawing, and borrowing. These fees are different based on the type and amount of transaction, payment method as well as location among others. 

Regulations: Fintechzoom is restricted or limited in its availability and functionality by the laws and regulations of different jurisdictions that apply to Fintechzoom. For more details, please visit, www.fintechzoom.com to see the countries and regions that this service allows you to enjoy.

Best Practices and Tips for Investing in Bitcoin with Fintechzoom

• Set a budget: Before you start investing in Bitcoin, you should set aside a budget that you can afford to lose. Bitcoin is a very unstable and riskiest asset that can rapidly change in price. No matter what, you should not invest more than you can lose, and before anything else, be sure that you are prepared for the worst-case scenario.
• Diversify your portfolio: To decrease your risk and increase your possible profits you have to diversify your portfolio by investing your money in different cryptocurrencies or assets and markets. You can maintain balance this way and protect yourself when the market conditions change. Fintechzoom covers a range of cryptocurrencies like Ethereum, Litecoin, and Ripple, in addition to Bitcoin in which you can invest.
• Do research: Before you buy or sell Bitcoin, you must carry out your investigation and analysis on any existing trends in the markets alongside the underlying fundamentals and the technical side of this. In addition, you must regularly check for new updates about the events and pricing in the market of Bitcoin. 
• Use stop-loss orders: To maintain your profits and minimize your losses, you should open stop-loss orders for Bitcoin. Stop-loss orders are sell orders that will trigger once the price of Bitcoin falls below a given threshold. By doing this, you can make sure to stop at a loss no more than you can afford and lock in your profits. 

Fintechzoom Prices and charges

Fintechzoom, also, collects fees for its services, such as trading, depositing, withdrawing, and borrowing. The kind of service and the amount of transaction determine the cost of these services. In addition, the payment method as well as the location affect the expenses. You can match these charges on the Fintechzoom website for additional facts. Some of the fees are:

Trading fees: 

These are what Fintechzoom calls Maker-Taker fees because it charges a slightly lower fee for the buy order and a slightly higher fee for the sell order. The fees of trading are based on a maker-taker model. Makers are users who add liquidity in the market by placing limit orders while taker refers to the users who require liquidity from the market by placing market orders. Trading fees vary from 0.1% to 0.25% for makers and from 0.15% to 0.35% for takers, depending on the total amount of trading in the last 30 days.

Deposit and withdrawal fees:

The fees are payable for moving money into and from your account as this is called Fintechzoom transfer fees. The fees for deposits and withdrawals are determined by the payment method as well as the currency you select. For example, in case you are using a bank account, 0.5% is a deposit fee and 1% is a withdrawal fee. For debit/credit cards, a deposit fee of 3.99% and a withdrawal fee of 2.99% is deducted. Bitcoin deposit and withdrawal fees are dependent on the network fee which is a variable that considers network congestion.

 Borrowing fees: 

They represent payment that Fintechzoom receives for providing you with cash for margin trading. The interest amount is calculated based on the sum of money you borrow, its period, and the interest rate, which changes when market conditions change. For example, if you take $1000 for 30 days and pay at an interest rate of 10%, the borrowing fee is $100.

Conclusion

Bitcoin investment with Fintechzoom can be an exciting and profitable journey if it is carried out guided by the procedures and instructions in this guide. Fintechzoom is a safe, simple, and concise website that can be a useful tool to buy, sell, and store bitcoin, on top of offering advanced trading tools and market data. Fintechzoom will also offer you the latest news and opinion pieces about cryptocurrency as well as the point of view of professionals and experts.

On the other hand, Fintechzoom makes it possible to invest in Bitcoin as well, and it has its challenges and risks too, like fees, regulations, and availability. You should always do your research and analysis before coming to any investment decision; however, only invest what your budget can afford you to lose. You also need to know the fact that the cryptocurrency market is volatile and unpredictable and be ready for all sorts of consequences.

Here are some of the frequently asked questions and answers about investing in Bitcoin with Fintechzoom:

What is the minimum amount required to invest in Bitcoin with Fintechzoom?

The minimum sum required to invest in Bitcoin with Fintechzoom is $10.00 or equivalent in your native currency. You have the opportunity to buy or sell any tiny slice of Bitcoin that you want as long as it is less than 8 decimal places, which is the smallest unit of Bitcoin- a Satoshi.

How do I buy and sell Bitcoin with Fintechzoom?

To buy or sell Bitcoin with Fintechzoom, one will have to open an account and have payment methods installed on the platform. Finally, you can click on the “Buy/Sell” button found at the top right corner of the page to provide how much bitcoin you want to buy and/or sell. In addition to this, there are also sophisticated trading options like stop-loss orders, margin trading, and limit orders that you can use to execute your trades as you deem fit and with the use of your predefined strategy.

How do I store and secure my Bitcoin with Fintechzoom?

Fintechzoom wallet enables you to store Bitcoin as well as keep it safe and conveniently is the method. To open the wallet, click on the “Wallet” button found in the upper right corner of the screen. You can come across the technology by sending and receiving it from other users or platforms using your wallet address or QR code. The security of your wallet can be improved by activating the two-factor authentication feature that seeks a code from your email or phone to access your wallet. Likewise, you can create a mnemonic phrase that contains any words to help you restore your wallet in case you lose your device or forget the password.