Cryptocurrency offers a gateway to financial freedom without the need for traditional intermediaries like banks and other financial institutions. To start your journey into trading crypto, you need to have a crypto wallet or an account on a crypto exchange platform.
If you’re new to the crypto trading space or you simply want to buy and swap crypto, this guide is for you.
How to Buy BTC, ETH, BNB, TRX on Obiex
Before buying any cryptocurrency, ensure you have done these three things:
Do Your Research
Like any other investment prospect, it is essential to know precisely what and where your money is going. Thankfully, cryptocurrency has been around for a little over a decade; thus, a considerable wealth of information is available for potential investors like you to take advantage of.
Understand Crypto Volatility
Cryptocurrency is volatile. This is not only a fact but a significant factor to consider before putting your funds into a coin or token. The price of crypto assets can rise or fall fast based on something as trivial as a rumor or even a tweet. Although the volatility of cryptocurrency investing can seem daunting, it is not impossible to maneuver. You may get frustrated as a beginner, but as you continue trading, you will eventually gain a solid grasp of the market’s fundamentals and how it works.
Research the Coin or Token you want to Buy
There are currently over 5000 different cryptocurrencies available for trading, and more tokens & coins are being created every other day. The hard truth is that most of these currencies may never amount to much or even pay off. So before buying any cryptocurrency, find out who/what is backing the coin and what utility it serves to avoid purchasing a scam coin or a “useless” token.
How to Buy BTC, ETH, BNB, TRX with Naira on Obiex.
Buying and swapping crypto on Obiex is fast and straightforward. Swapping crypto involves swapping one cryptocurrency for another. On Obiex you can swap from ETH to BTC, USDT to ETH, NGNX to USDT, USDC to ADA, etc.
All you need to do is follow these steps:
- Sign up/Sign in to Obiex with your email and password via the app or the website.
- Go to your NGNX wallet address.
- Click on the swap button and select the coin (BTC, ETH, BNB, TRX) you want to exchange.
- Select and confirm the coin amount you want to exchange.
- Receive swapped coin in wallet balance.
Why you should swap and buy crypto with Obiex
- Using Obiex is Easy
We make it super easy to trade your crypto assets, from quickly creating wallets to swapping and storing your coins.
- Transactions are fast on Obiex
Swapping crypto coins and tokens doesn't get any faster than this. After the transaction is successful, you will receive payment in your Obiex balance without any confirmation required.
- Obiex is Secure
Your transactions and assets stored are completely safe and guarded by our state-of-the-art cryptography security infrastructures to tackle and eliminate any possible fraud risks.
Disclaimer: This article was written by the writer to provide guidance and understanding of cryptocurrency trading. It is not an exhaustive article and should not be taken as financial advice. Obiex will not be held liable for your investment decisions.