Choosing a platform that is reliable and adapted to your needs is the first step in investing in cryptocurrency. Several options are available to you, such as Investment plans with Finary, Binance, Coinbase, or eToro. Once your platform is chosen, it is important to secure your cryptos, in particular by using an electronic wallet or “cold storage”. Finally, it is crucial to diversify your cryptocurrency portfolio to minimize risks and to have an investment strategy adapted to your goals and risk tolerance.

Key points
- Choosing a reliable platform to buy cryptocurrencies in 2024
- Secure and diversify its digital asset portfolio
- Explore alternatives to buying cryptocurrencies directly to diversify your investments

Why invest in cryptocurrency?

Cryptocurrencies have grown in popularity over the last decade as an alternative investment. They offer several advantages, especially in terms of Of independence, of safe haven And of diversification.

The advantages of cryptocurrencies

Independence from the states: Cryptocurrencies, such as bitcoin, are decentralized and not dependent on central banks or governments. This independence provides some protection against market fluctuations and the monetary policies of states.

Safe haven value similar to gold: Like gold, cryptocurrencies are seen as a safe haven in times of economic uncertainty. The digital nature and the scarcity of some cryptocurrencies, such as bitcoin, make them comparable to gold in terms of value storage.

Diversification of the investment portfolio: Investing in cryptocurrencies allows you to diversify your investment portfolio and to spread risks. Adding cryptocurrencies can help reduce the overall volatility of a portfolio, especially if the other assets consist mostly of traditional securities.

Increasing adoption by institutional investors and some countries: Institutional investors and even some nations are beginning to adopt cryptocurrencies. For example, El Salvador recently adopted bitcoin as legal tender, and big companies, like Tesla, have included cryptocurrencies in their cash reserves. This increased adoption can increase the demand for and acceptance of cryptocurrencies, which can give them greater legitimacy as an investment.

Choosing the right platform to buy cryptocurrency

The criteria for choosing

To choose the right platform to buy cryptocurrencies, several criteria must be considered. La security And the trustworthiness of the platform are essential. In addition, the frisk and the commissions charged during transactions must be reasonable and transparent. Next, it is important to check the variety of cryptocurrencies available on the platform, as well as the usability.

In France, it is the PSAN registration, given by the AMF, that demonstrates the seriousness of the actors.

Finary offers crypto investment in DCA, registered as PSAN (no. E202-057) with the Autorité des Marches Financiers.

The fees associated with using a cryptocurrency exchange platform are a crucial element to consider when selecting a platform. These fees can vary considerably from platform to platform and can have a significant impact on the profitability of your operations. It's common to encounter transaction fees, which are levied every time you buy or sell cryptocurrency. Additionally, some platforms may impose deposit or withdrawal fees, especially when converting cryptocurrencies to fiat currencies or vice versa. It is also essential to be wary of hidden fees or additional margins on the exchange rate. To maximize your profits and minimize your costs, it is recommended that you carefully compare the fee structures of several platforms before making a decision. Full transparency in terms of fees is a sign of the trust and integrity of a platform.

Finary PlusRevolutCoinBaseTrade RepublicSwissBorgBinanceDCA fees0.99%1.49% 2.99% 0% 1% 0.20% Asset Price (BTC/EUR)+0.00% +1.21% +1.02% +1.09% +0.05% +0.24%SEPA feesGratuitFree Free Free Free €1 Instant RechargeGratuit
(SEPA instant)Gratuit
(instant SEPA) 3.99% 1%
(Google Pay) 2.25%
(Credit card) 1.8%
(Credit card) Crypto transfer ✅❌✅❌✅✅ Registered by the AMF ✅❌❌✅✅✅ Head Office 🇫🇷🇬🇧🇺🇸🇩🇪🇨🇭❌ Finary offers DCA crypto investment, with extremely competitive fees.

The options of payout are another essential aspect to take into account. Make sure the platform accepts payment methods such as bank card (Visa, Mastercard) and the bank transfer. Finally, some platforms offer options for social trading and other unique services that can help you on your crypto journey.

What about withdrawal options?

For the user, the simplicity of cryptocurrency withdrawals is crucial. It means not only the ability to quickly convert your digital assets into fiat currency, but also the guarantee of a hassle-free experience. A complicated withdrawal process can lead to delays, unexpected fees, and overall frustration.

With Finary investment plans, it is extremely easy to withdraw your cryptos, without any fear of sending to the wrong wallet.

Recommended platforms

Among the platforms recommended for buying cryptocurrencies are:

Finary investment plans : registered PSAN, with competitive fees, scheduled investment (DCA) and intuitive interface
Bitpanda : renowned for its intuitive interface and competitive fees.
Binance : one of the largest exchange platforms with a wide variety of cryptos available.
Bitvavo : offers a simple and smooth experience, with low fees.
Coinhouse : focused on the French market, it offers assistance in French and facilitates transactions.
eToro : a well-known online broker, offering social trading options and a wide range of cryptos.
ZenGo : a secure mobile solution, allowing the purchase, sale and management of cryptos.

French vs foreign platforms

When choosing between French and foreign platforms, it is important to consider the platforms' ability to comply with regulations. French platforms generally offer greater protection and better compliance with local regulations via PSAN approval. In addition, they facilitate tax procedures and tax returns. Remember that you will have to verify your identity (KYC) on most platforms, whether French or foreign.

Which cryptocurrencies should you choose for your wallet?

Buy Bitcoin (BTC): bitcoin est souvent considéré comme l'or numérique. C'est la première cryptomonnaie et elle joue un rôle central en tant que valeur refuge dans l'écosystème crypto. Sa rareté programmée et sa sécurité éprouvée en font un choix solide pour tout portefeuille.

Acheter du Ethereum (ETH): Ethereum est la première plateforme à avoir introduit les contrats intelligents, permettant la création de tokens et d'applications décentralisées. Sa flexibilité et son écosystème en pleine croissance le rendent incontournable pour les investisseurs.

Acheter du XRP (XRP): XRP vise à faciliter les transactions transfrontalières pour les banques et les institutions financières. Avec une validation rapide et des frais réduits, il offre une solution efficace pour le transfert d'argent international.

Acheter du Cardano (ADA): Cardano est souvent décrit comme une version améliorée d'Ethereum, avec une approche basée sur la recherche et une attention particulière à la durabilité et à la gouvernance.

Acheter du Polygon (MATIC): Polygon offre des solutions de mise à l'échelle pour Ethereum, permettant des transactions plus rapides et moins coûteuses. C'est un choix stratégique pour ceux qui croient en l'avenir d'Ethereum.

Acheter du Solana (SOL): Solana est reconnu pour sa vitesse et son faible coût de transaction. Avec une architecture unique et une adoption croissante, il est devenu un concurrent sérieux sur le marché des plateformes de contrats intelligents.

Acheter du Litecoin (LTC): Conçu comme l'argent à l'or de Bitcoin, Litecoin offre des temps de transaction plus rapides et est largement reconnu comme une option de paiement viable dans l'écosystème crypto.

Acheter du Avalanche (AVAX): Avalanche se distingue par son consensus unique et ses multiples chaînes, offrant une flexibilité et une évolutivité sans précédent pour les développeurs d'applications décentralisées.

Acheter du Uniswap (UNI): Uniswap est l'un des échanges décentralisés les plus populaires, permettant aux utilisateurs d'échanger des tokens sans intermédiaire. Son token UNI a une valeur à la fois en tant que gouvernance et en tant qu'actif.

Acheter du Chainlink (LINK): Chainlink est le leader des oracles décentralisés, fournissant des données fiables et sécurisées aux contrats intelligents. C'est un élément essentiel pour de nombreuses applications décentralisées.

Acheter du Bitcoin Cash (BCH): Une fourchette de Bitcoin, Bitcoin Cash vise à offrir des transactions plus rapides et moins coûteuses. Il conserve l'essence de Bitcoin tout en offrant des améliorations techniques.

Acheter du Aave (AAVE): Aave est une plateforme de prêt et d'emprunt décentralisée, permettant aux utilisateurs de gagner des intérêts ou d'emprunter des actifs. Sa transparence et son efficacité en font un choix solide pour les investisseurs intéressés par la finance décentralisée (DeFi).

Finary propose une gamme étendue de cryptomonnaies, notamment Bitcoin (BTC), Ethereum (ETH), XRP, Cardano (ADA), Polygon (MATIC), Solana (SOL), Litecoin (LTC), Avalanche (AVAX), Uniswap (UNI), Chainlink (LINK), Bitcoin Cash (BCH), et Aave (AAVE), à des frais compétitifs et sans spread sur le prix.

Nous croyons en la transparence et l'équité pour nos utilisateurs. C'est pourquoi nous facturons uniquement le prix du réseau lors des retraits, garantissant ainsi que le pouvoir d'achat reste entre les mains de nos utilisateurs. Chez Finary, nous mettons l'accent sur la simplicité, l'efficacité et la confiance.

Sécuriser ses crypto-monnaies

Les différents types de wallets

Il est essentiel de bien sécuriser ses crypto-monnaies pour éviter les risques de piratage et minimiser les pertes potentielles. Il existe plusieurs types de wallets (portefeuilles) pour stocker et gérer vos actifs numériques : online wallet, hardware wallet et paper wallet.

Les online wallets sont des portefeuilles numériques accessibles via Internet, mais ils présentent des risques si la plateforme est piratée. Hardware wallets sont des dispositifs physiques qui stockent les clés privées hors ligne, offrant une meilleure sécurité. Les marques réputées, comme Ledger et Trezor, proposent des solutions de stockage fiables. Enfin, les paper wallets sont des documents papier contenant les informations de la clé privée, qui doivent être conservés dans un endroit sûr.

Conseils pour une sécurité optimale

Voici quelques recommandations pour assurer la sécurité de vos crypto-monnaies :

Activate double identification (2FA) : this additional security measure requires two authentication methods to access your account, reducing the risk of hacking.
Choose a recognized hardware wallet : Choose a reliable storage device from a trusted brand, such as Ledger or Trezor. These wallets offer great security options and are recommended by numerous experts.
Update your software regularly : Make sure your wallet, browser, and other related programs are up to date to avoid potential vulnerabilities.
Use robust cryptography : Choose strong passwords for your accounts and use advanced encryption protocols, such as AES-256, to protect your sensitive data.

By respecting these recommendations and selecting the type of wallet adapted to your needs, you can guarantee the security of your cryptocurrencies and protect them from the risks associated with piracy and other online threats.

Making your cryptocurrencies grow

The different investment strategies

To make your cryptocurrencies grow, there are several investment strategies. One of the most common is to buy cryptocurrency and keep your investment in a safe crypto wallet. Another approach is to practice Dollar Cost Averaging (DCA), which consists of investing fixed amounts at regular intervals, thus reducing the impact of market fluctuations.

Day trading is another investment strategy, where investors try to take advantage of the short-term volatility of cryptocurrencies. This can be particularly interesting for experienced traders due to the market capitalization and value of altcoins.

Finally, some platforms allow cryptocurrencies to grow by lending or depositing them on DeFi protocols (decentralized finance). This method is often referred to as”Staking“and has the advantage of generating passive income.

The pros and cons of each strategy

The wait (or “Hodl”) has the advantage of being a simple strategy to implement and can prove profitable in the long term. However, it also has disadvantages, including the risk of not being able to take advantage of certain market opportunities or to track the movements of the most successful digital assets.

The Dollar Cost Averaging offers investors the opportunity to minimize their exposure to market volatility by diversifying their investments over time. The disadvantages of this approach include the inability to respond quickly to market fluctuations as well as the need to have sufficient capital to maintain this strategy over an extended period of time.

Day trading allows you to make short-term profits and take advantage of market volatility. However, this strategy requires constant attention and a thorough knowledge of the markets and even the use of derivatives. Additionally, gains may be reduced by transaction fees or capital gains tax.

Finally, staking offers a passive way to make cryptocurrencies grow by immobilizing them in DeFi protocols. This strategy has the advantage of generating regular income, but it can also involve risks related to the platform or protocol used, such as security breaches or liquidity problems.

Among cryptocurrencies, some offer specific opportunities, such as Staking on the Cardano blockchain, or the purchase and sale of NFTs (non-fungible tokens). These options can have pros and cons that vary depending on each digital asset.

Alternatives to buying cryptocurrencies directly

Investing via ETFs

An alternative to buying cryptocurrencies directly is to invest in exchange-traded funds (ETF) linked to cryptocurrencies. These financial products make it possible to invest in the cryptocurrency market without directly owning the digital asset. ETFs are managed by professionals and offer diversification of investments, reducing the risks associated with the volatile cryptocurrency market. For example, you can invest in an ETF linked to Bitcoin or Ethereum without owning these digital currencies yourself. It is important to note that ETFs are subject to regulations and must be purchased through an online broker. Some online brokers also offer demo accounts to allow investors to get familiar with the market before investing their money.

Crypto indices and booklets

Another alternative to buying cryptocurrencies directly is to explore crypto indices and passbooks.

Crypto indices monitor the performance of the main cryptocurrencies on the market, offering a global vision of their evolution. An example of a crypto index is the Bitpanda Index, which tracks the performance of several popular cryptocurrencies. Crypto indices can help investors make informed decisions when choosing to buy or sell cryptocurrencies.

Crypto passbooks, on the other hand, are savings products that allow investors to earn interest on their investment in cryptocurrencies without having to buy them directly. These passbooks are often offered by decentralized finance (DeFi) platforms and can offer higher returns than traditional savings books.

Which platform should you choose to buy cryptocurrencies? To buy cryptocurrencies, it is essential to choose a reliable and secure platform. Platforms such as Financial Investment Plans, Binance and Coinbase are widely recognized and offer a wide range of cryptocurrencies. It's important to check fees, payment options, and ease of use before choosing a platform.

What are the steps to buy cryptocurrency online?
Here are the key steps for buying cryptocurrency online:
Enrollment : Register on the platform of your choice by providing the required information and possibly verifying your identity.
Depositing funds : Charge your account with a fiat currency (euros, dollars, etc.) or with another cryptocurrency.
Buying and selling cryptocurrencies : Search for the desired cryptocurrency and exchange it for the currency in your account. You can also set up limit buy or sell orders to take advantage of market fluctuations.
Securing your cryptos : Consider transferring your cryptocurrencies to a secure wallet to protect them from potential threats.

How do I buy cryptocurrency? 2024 Guide