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Letter #71. How and where to buy crypto — overview 🕵️♀️
Crypto market
HODL not SODL? Bitcoin transactions reach 2-year low despite tiny fees.
To feel confident in the Crypto market read our price analysis: http://bit.ly/2fBo7mJ
How and where to buy cryptocurrency - overview
• The easiest way: to buy crypto with a debit card on a centralized exchange, for example Coinbase.
• Exchange/trading app Robinhood lets users buy BTC and ETH right from their phone with no trading fee.
• LocalBitcoins and similar decentralized sites help people to buy BTC using the peer-to-peer exchange scheme.
• Bitcoin ATMs are becoming very popular — in March, there were around 2,393 Bitcoin ATM machines worldwide.
• Buy.Cointelegraph — Cointelegraph has recently partnered up with Simplex to offer a convenient way to buy BTC, BCH, and/or ETH with credit, debit and prepaid cards.
Read more details about the advantages and disadvantages of these methods. http://bit.ly/2D51ZLb
Possible reasons of Ripple’s recent rise
Ripple, whose native currency is XRP, has partnered with over 100 companies to send money worldwide. It may be the reason of Ripple’s December rise.
Find out more in our interview: http://bit.ly/2FYT9S7
News Extra
• The European Commission, the EU’s executive arm, will regulate fintech, including Blockchain and crowdfunding. http://bit.ly/2oTTEVf
• The US Marshals Service has announced that it will be auctioning off approximately 2,170 Bitcoins seized in the course of various federal criminal, civil, and administrative cases. http://bit.ly/2FgrYVV
• The auto giant behind Mercedes-Benz launches a crypto coin to reward eco-friendly driving. http://bit.ly/2tf3ff2
• Japan finance giant SBI buys 40 percent of Taiwanese hardware wallet maker. http://bit.ly/2FkQocO
• A Harvard economist told CNBC Tuesday, March 6 that Bitcoin is “more likely to be worth $100 than $100,000” by 2028. Why does he think so? http://bit.ly/2Fs4YT0