How to Buy Bitcoin On Guarda Wallet?

As we all know about Guarda wallet because it is a very famous platform to buy/sell cryptocurrency. But in this blog, we are going to discuss how to buy Bitcoin on Guarda wallet because a lot of people don’t know how to use the Guarda wallet. They don’t know how to buy crypto or bitcoin in this wallet. This blog will be very informative so, read this whole blog.

What is a Guarda wallet?

In addition to being a non-custodial wallet. Guarda can also be access via the Web, Desktop, Chrome Extension, and Mobile Apps (for iOS and Android). With Guarda, you can access your account from any Internet-connected device and sync your data across many platforms at the same time. Guardian is a wallet that supports more than 40 major blockchains (BTC, BCH, BSV, ETH, ETC, MXR, ZEC, XRP, EOS, LTC, XLM, DASH).

Steps to Buy Bitcoin on Guarda Wallet

Steps to Buy Bitcoin on Guarda Wallet

Here are some basic and very simple points that you have to follow to buy bitcoin on Guarda Wallet.

  1. Install Guarda Wallet: First, you have to Install the Guarda wallet app on your mobile whether you’re using android or IOS.
  2. Create an Account: Then you need to create an account and make sure that all the details should be correct. Once you create the account then move to the next step.
  3. Setup Payment Method: Your next step is to add a payment method. You can add a bank account and PayPal details, If you want to add another payment option then you can add it as well.
  4. Find Bitcoin in Your Wallet: Once you’ve logged in to your account, then find Bitcoin on your search bar of the wallet. Afterward, move to the next step.
  5. Buy Bitcoin: Choose the amount of Bitcoin you would like to get, make the cryptocurrency or fiat transfer, and get coins in your wallet for Bitcoin.

Buy Bitcoin on Guarda wallet is as simple and easy as following these 4 steps. If you follow this simple procedure, it will definitely be possible for you to buy Bitcoin, and it will not be difficult for you to do so. Once you learn the process then you will be use to it.

Security of Guarda wallet

Wallet security is one of the most discussed topics among cryptocurrency holders. Of course, we have all also heard the cases of hackers stealing funds and users’ private data from major exchanges and wallets.

Advantages of Bitcoin

Advantages of Bitcoin

Here are some advantages of Bitcoin:-

  1. Liquidity: Bitcoin, like other cryptocurrencies, does not see borders, which is one of its biggest advantages. Bitcoin has the advantage of being an accessible and versatile currency. There are an increasing number of places accepting bitcoins, and it only takes a few minutes to transfer bitcoins.
  2. Direct Transfer: A transaction occurs between users, that is between the sender and the receiver. No third party was involve there. As a result, intermediaries’ fees are eliminate.
  3. Privacy: Using cryptocurrency doesn’t need registration at a financial institution, so it’s rather private. Transactions are pseudonymous. Which means your wallet address is your identifier on the blockchain, but it contains no personal data about you. , the level of privacy is excellent.
  4. Transparency: A blockchain ledger is use to record all cryptocurrency transactions. Users can find out where, when, and how much cryptocurrency someone sent from a wallet address using tools that give them access to transaction data. A wallet’s crypto balance can also be view by anyone.
  5. Independency: There is no regulation of Bitcoin by any government or political authority. Political influence is not exert by it. It can not frozen or seized by any government or authority. You’re completely free to trade Bitcoin without any pressure.

These are the advantages of Bitcoin that make it different from other investment options. Although it is a bit volatile because people are adapting. Once the world accepts it, it wouldn’t be more volatile. But Bitcoin or blockchain technology is the future because many countries are accepting it. Even some countries are using it as a mode of payment which is actually great.

Also Read: https://bitcoinatmsupportus.org/how-to-use-guarda-wallet/

Conclusion: As we’ve shared the advantages of Bitcoin and blockchain technology, that will give you a better understanding of crypto. We also have shared the process to buy Bitcoin on Guarda wallet. Which can help you to buy/sell Bitcoin on the Guarda wallet, and not even Bitcoin any type of crypto you can buy/sell through this platform. All you need are these 5 simple steps. That would definitely help you to start your crypto journey by using the Guarda wallet on your mobile or desktop.

Content Source: https://bitcoinatmsupportus.org/how-to-buy-bitcoin-on-guarda-wallet/

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How to Buy Bitcoin On Guarda Wallet?

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Step 1 – Get a Bitcoin wallet
Step 2 – Find your Bitcoin address
Step 3 – Go to Coinmama and choose the amount of Bitcoin to buy
Step 4 – Enter your Bitcoin address and payment information
That’s how to buy Bitcoins in a nutshell. For a detailed explanation watch the complete video, here’s what I’ll cover:

0:51 - Bitcoin wallets in a nutshell
1:47 - How many Bitcoins should you buy?
2:44 - Choosing a Bitcoin exchange
4:53 - Trading platforms vs. Brokers
6:20 - Registration + KYC
6:55 - Moving your Bitcoins from the exchange
7:44 - Bitcoin ATMs
8:31 - Buying from an individual
📺 The video in this post was made by 99Bitcoins
The origin of the article: https://www.youtube.com/watch?v=tuUO-Q4_b5c
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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How To Buy Bitcoin SAFELY | Step By Step Guide

My guide on how to safely invest in Bitcoin step by step.
Many people want to invest and buy Bitcoin, and now is as good a time as ever before in the year 2021. First, as an investor in cryptocurrency, I want you to know that I am biased. I invested in Bitcoin and Ethereum as early as 2014, recently I made a video of me buying another $100,000’s worth, and since then, the balance has grown to over $300,000 at the time of making this video and I think there’s a lot more room for growth.

Step 1. The best place to buy Bitcoin. I’ll start it off with my two favorite brokerages that I invest with, which is Gemini and Coinbase - I have accounts with both - you really can’t go wrong with either one but the signup process is almost identical with each. Safety, simplicity, and value are my priorities. I want my coins to be safe and I want to invest in a trust worthy source, and I want an interface that looks simple.

All brokerages require KYC (Know Your Customer) and AML (Anti Money Laundering) laws to be followed. This means no matter where you invest your money, companies will ask you for your personal credentials like your social security, your phone number, your address, just like any other legitimate brokerage you would use - that is standard.

Step 2. Make your accounts secure by downloading an app called Authy from the app store. This will help with 2 factor authentication in making sure your bitcoins are safe and secure. You can also add a secondary layer of security by adding a biometric key if you have a laptop that allows for it.

Step 3. Once you’ve secured your account, you have to fund it. Avoid funding or buying Bitcoin with debit and credit cards. They charge a 3.49% interest which is half of what the stock market returns in a year - don’t do it. Instead, connect your bank accounts and use either ACH Transfers or Wires. ACH transfers have smaller limits ($15,000 daily).

Step 4. Buying bitcoin. Once you fund your account, you can invest either once, daily, weekly, etc, if you want to average into it over time. Personally, I buy it all at once but averaging in can be a great idea. Once you bought some and you’ve invested your money, HODL for dear life!

Step 5. Once the Bitcoin settles into your account, which can take some time depending on how you funded your account, you have two main options. A cold wallet, or a hot wallet. The hot wallet is keeping your Bitcoin online, the benefit is that you have nearly instant liquidity, meaning instant access to either buy more, trade more, sell it, or put your money to work and make interest off of it. The downside is you’re taking on a risk and trusting that the exchange or the website you keep your coins on is secure enough to not lose your money.

I use Blockf for earning interest (blockfi.com/andrei) but there’s also other companies like celcius.network and nexo.io - all great choices. I like Blockfi because they have a lot of respected venture capital money and they partner with Gemini (which is the brokerage I use primarily).

Step 6. The cold wallet method is storing your coins offline. The benefit? Security. The downside? You’re potentially losing money to inflation because your money is just sitting there (luckily it still appreciates but why not earn some passive income on the side?) The Nano ledger is $59 and I would recommend storing your money here once you reach at least $1,000 of a balance. Just remember, only you can set it up, no one else must ever see your secret key phrases.

Step 7. If you traded currencies or sold for a profit/loss - you need to report it. I use app.taxbit.com and they integrate your accounts with cryptocurrency in a way that doesn’t give them full access, it gives them view access and it calculates everything automatically where you can then just print it out and give it to your tax person.

*None of this is meant to be construed as investment advice, it’s for entertainment purposes only. Links above include affiliate commission or referrals. I’m part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
📺 The video in this post was made by Andrei Jikh
The origin of the article: https://www.youtube.com/watch?v=fAmdC64KKdM
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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The origin of the article: https://www.youtube.com/watch?v=SqUzQEaH7Vc
🔺 DISCLAIMER: The article is for information sharing. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Not investment advice or legal advice.
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