Initially, when Bitmama was founded in April 2016, it started out as a Peer to Peer digital currency exchange. However, it quickly evolved into a platform where traders buy and sell with new digital currencies like bitcoin and ethereum. Here are some of the things to note when trading Bitcoin on Bitmama:
1) Regulation
Most Cryptocurrencies are not regulated by any government and are available to anyone on the internet. Bitcoin is just the same, you own the private and public key that makes up your cryptocurrency address.
2) Authenticity
Trading on Bitmama is primarily digital and cannot be counterfeited as with fiat based credit cards. This means that trading Bitcoin on the platform is protected from any external risks.
This also prevents identity theft by only providing the amount of currency needed for a transaction and nothing more.
Purchasing with fiat currencies usually involves numerous third parties that delay payment. The blockchain technology behind cryptocurrencies protects your Bitcoin by slashing the wait time in transfer of funds drastically.
3) Registration
Bitmama also makes it quite easy to register to start trading on the platform. Once you have decided to trade bitcoin on the platform, the first step required is to sign up for a free account on the website or download the mobile app from Google Playstore. After which you have to link your bank account and choose your preferred payment method to add money and then choose from over 30+ cryptocurrencies to diversify your portfolio quickly and easily.
It is advisable to Invest in bitcoin (and other cryptocurrencies) slowly over time by scheduling buys daily, weekly, or monthly and you could also or store your funds in a vault with time delayed withdrawal for added security.
Finally, the best place to buy and sell your Bitcoin online is Bitmama. It’s the fastest, easiest and cheapest way to buy bitcoin and other cryptocurrencies such as Ethereum, Ripple, Litecoin and other cryptocurrencies in a secure way.
Be a part of the thousands enjoying the benefits of trading on Bitmama by downloading the app to buy, sell and trade your cryptocurrencies on the go!
