Why you should have Bitcoin in your investment portfolio
Whether you’re a fan of blockchain technology or an investor looking for a potentially large return, it can pay to have Bitcoin in your investment portfolio.
Many South Africans who purchased cryptocurrency such as Bitcoin and Ethereum saw impressive returns on their investments, especially during major boom periods such as in 2017, when the price of Bitcoin increased from around $1,000 to almost $20,000.
As with any investment, there is also the risk of your cryptocurrency dropping in value – and Bitcoin’s price has subsided from its highs in December 2017.
This should not dissuade South Africans from purchasing a small amount of cryptocurrency to gain exposure to the market, however, and to learn more about the technology which drives it.
In South Africa, a cryptocurrency investment can also help to shield individuals from a stagnant economy and volatile rand.
Invest with VALR
VALR, a premium South African cryptocurrency exchange, offers an intuitive and secure platform for purchasing many types of cryptocurrency, including Bitcoin.
The platform’s interface is newcomer-friendly and easy to use, and there are also mobile apps available which offer fully-fledged trading features.
Users’ cryptocurrency is then stored securely thanks to VALR’s adherence to global best security practices.
VALR also offers the lowest fees on the South African market.
Cryptocurrency investment
VALR offers South Africans all the tools they need to purchase, sell, and trade cryptocurrencies.
The platform allows users to buy over 50 cryptocurrencies by making deposits directly from their South African bank accounts.
The exchange is also fully compliant with local regulations and uses intelligent AI systems to verify new users in under five minutes.
This makes it easier than ever to buy cryptocurrency in South Africa and include Bitcoin in your investment portfolio.
Loading ...