5 Ways to Invest in Crypto Easily11 min read
Reading Time: 5 minutesThe popularity of cryptocurrencies like Bitcoin and Ethereum has skyrocketed in recent years with more and more people looking to enter this exciting new market.
However, for those just starting out, the world of crypto investing can seem daunting, with many questions around the best ways to get involved. This guide will explore some of the simplest options for beginning your crypto journey through an all-in-one digital banking platform called The Kingdom Bank.
Which Banking Account Should I Create to Invest in Crypto?
One of the first decisions new crypto investors face is where to open an account that will allow buying, selling and holding their digital assets.
While some traditional banks are now starting to support cryptocurrencies, many still view them with skepticism. This is where a dedicated cryptocurrency bank like The Kingdom Bank has a clear advantage.
As a fully licensed digital bank authorized to provide services worldwide, The Kingdom Bank has been designed from the ground up with crypto in mind.
Rather than retrofitting an old system, The Kingdom Bank has incorporated cryptocurrency into its core offering. This means everything from account creation to deposits, trades and record-keeping has cryptocurrencies at its heart.
By opening an account with The Kingdom Bank, all of your traditional banking needs as well as your crypto account online can be managed in one place. You’ll benefit from bank-grade security and compliance without any of the headaches that can come from juggling multiple accounts at different providers.
Consolidating in this way makes it much simpler to keep track of your crypto investments and keep your financial life organized.
Which Digital Bank is Best for Crypto Investments?
When it comes to choosing the right digital bank to support your crypto investments, there are a few key factors to consider. First and foremost is making sure your prospective bank is appropriately licensed and regulated as a crypto friendly bank.
The Kingdom Bank stands out as a fully licensed bank under the supervision of authorities in Dominica, providing the highest levels of oversight and protection for clients’ funds.
Beyond regulatory compliance, another important consideration is the range of crypto services on offer.
As a crypto pioneer, The Kingdom Bank has built up a huge selection of tradable assets with support for all major cryptocurrencies like Bitcoin, Ethereum, Solana and more. We also provide the ability to make crypto payments directly from your account, removing the need to convert funds back to fiat currency first.
Where some digital banks may only offer basic buy/sell, The Kingdom Bank gives investors deeper access to participate directly in the blockchain economy.
Points to Consider When Making Crypto Investment
With so many exciting cryptocurrency projects to invest in, it’s easy to get caught up in the hype. However, there are a few important factors all prudent crypto investors should carefully consider before making any moves:
- Research the fundamentals of the projects you’re interested in. Understand the technology, the team, and evaluate the real-world problems they aim to solve. Avoid choices based purely on price momentum.
- Diversify your portfolio across different types of assets. Don’t put all your eggs in one basket by only investing in a handful of coins. Consider a mix of protocols, platforms and utilities.
- Only invest amounts you can afford to lose. The crypto markets are notoriously volatile. Never gamble with funds you may need access to in the short term.
- Have a long-term outlook. Resist the urge to trade on every minor price change. Successful investing is a marathon, not a sprint.
- Store your coins securely. Whether using a hardware wallet or crypto bank like The Kingdom Bank, prioritize private keys and two-factor authentication to protect your cryptocurrency holdings.
Adhering to principles like these will help ensure you approach crypto investing responsibly and give your funds the best chance of long term growth.
Making Regular Money with Crypto Investments
There are actually a few different strategies crypto investors can employ to generate ongoing returns from their digital asset holdings using The Kingdom Bank as their trusted financial institution.
Here are five top methods:
- Hold for capital appreciation – Simply buying and holding onto top projects you believe in like Bitcoin or Ethereum, which have historically seen their value rise dramatically over the long run.
- Staking and yield farming – Earn annual percentage yields just for depositing coins like USDT and others into staking pools run by platforms like The Kingdom Bank.
- Lending – Loan out your crypto assets on services partnered with The Kingdom Bank in return for interest payments paid in coins or fiat currency.
- Trading – Carefully buying low and selling high by analyzing market trends, with transactions made easily through The Kingdom Bank’s exchange integrations.
- ICO/IDO investing – Get early access to exciting new blockchain startups through equity token offerings, with holdings managed in one The Kingdom Bank portfolio.
Proper risk management and diversification are paramount, but these strategies demonstrate how regular income can be derived from crypto as an investment class.
The Kingdom Bank serves as the ideal regulated platform to manage your portfolio and execute strategies efficiently.
Can Crypto Investments Be Made with a Crypto Account?
Having established The Kingdom Bank as the preeminent choice for housing one’s crypto investments, a natural next question is can you actually purchase cryptocurrencies directly through your crypto account? The answer is a resounding yes.
In addition to traditional banking services, The Kingdom Bank empowers clients to seamlessly buy and sell over 50 major digital assets directly from the comfort of their online account dashboard. Using funds deposited in your The Kingdom Bank account in any of 50+ fiat currencies, transactions can be executed with the click of a button. Best of all, low and clear trading fees mean more of your investment is working for you in the markets.
Managing all your cryptos, tracking prices and market insights is also simplified within the The Kingdom Bank platform. Consolidating the entire process within one regulated and trusted banking environment eliminates hassle and reduces risks for investors.
The Kingdom Bank enables cryptocurrency investments to be made directly through your secure digital bank account by providing the perfect all-in-one destination for both traditional and decentralized finance needs.
The Kingdom Bank is certainly the most seamless and prudent choice for gaining exposure to the decentralized future through low-risk and compliant cryptocurrency investment strategies. Taking the steps to open an account and deposit funds gives investors all the tools they need to participate in this exciting era of finance from the convenience of a single trusted source. If you’re eager to begin your journey into crypto but don’t know where to start, The Kingdom Bank provides an ideal risk-minimized on-ramp.