How to Invest in Cryptocurrency for Beginners

How to Invest in Cryptocurrency for Beginners

Based on data from Indodax, Bitcoin’s value reached an all time high of 953 million rupiah in April 2021, and many asset owners got big profits. Although the value is very volatile, cryptocurrency investments are still favored by many people because historically, the value of assets tends to move up. As a digital asset, the supply of cryptocurrency is limited, so that over time and the higher the demand, the higher its value will be. Seeing the increasingly profitable growth, now more people are interested in investing in cryptocurrency but don’t know how to start.

There are many ways to gain profit from cryptocurrencies. If you are a beginner who wants to start investing in cryptocurrency, it is a good idea to start by choosing an investment type that has a lower risk of loss and learn more about cryptocurrency market analysis, so that later you can carry out a more complicated investment system.

As a beginner, you should also choose a trusted cryptocurrency investment platform to avoid the possibility of being exposed to fraud and losses. On Tokenomy Earn, you can start your cryptocurrency investment journey anxiety-free because it is guaranteed to be safe. Tokenomy is a trusted cryptocurrency investment platform that has been officially regulated under the Labuan Financial Services and Security Act 2010 (LFSSA) in Malaysia, which provides a security license in the investment sector. In addition, the data transmission system on Tokenomy has also been carried out using internal storage data that is not generally accessible, to protect your digital assets from hacker attacks.

Types of Cryptocurrency Investment on Tokenomy Earn

If you are ready to start investing in cryptocurrency on Tokenomy Earn, you have a variety of profitable ways to invest. Here are some options you can try:

  • Fixed Deposit

The fixed deposit system in Tokenomy Earn gives you an advantage by collecting stored assets from investors and then lending them to trusted institutional borrowers with good reputations. The borrowers, of course, have gone through thorough screening and due diligence processes. Then, the interest from the loan will be returned as profit to investors who keep their assets as fixed deposits. All these processes occur behind the scenes, you just receive the investment returns according to the promised amount.

  • Staking

Staking is an activity where users lock or store their assets in a crypto wallet to help maintain the operation of a Proof-of-Stake (PoS) based blockchain system. Staking on Tokenomy offers several advantages—we provide the technology to stake your assets, with no operational fees to access the blockchain network. You can immediately take advantage of the security infrastructure and anti-risk framework of our established token platform, as well as get daily and weekly staking rewards, and more options and flexibility when staking on Tokenomy.

  • Dual Currency Deposit

Dual currency deposit (DCD) is an investment opportunity where users can get higher yields compared to conventional savings deposits, in a shorter period. For example, in this type of investment, an investor makes a BTC deposit on a DCD product with a BTC/USDT pair and receives income in BTC (or USDT, if during the agreed deposit period, the price of the asset in the traded market is above the price when you locked the deposit). This type of investment is suitable for short-term professional investors, so beginners can first learn about the cryptocurrency system and market while trying easier investment options.

How to Start Investing on Tokenomy Earn

The steps to start investing oin Tokenomy Earn are simple, even for beginners. Some of the initial procedures that you must do to ensure the security of your cryptocurrency assets are registering and passing an identity verification process called Know-Your-Customer (KYC). In the process, you are asked to upload your ID and a photo of yourself according to the provisions as proof of the validity of the ID. After successfully getting a verified account, you can directly access the Tokenomy Earn dashboard and make investments according to your wishes. What are you waiting for? Let’s gain from cryptocurrency investments on Tokenomy Earn!

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