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How to Grow in the Blockchain Industry with Invest in Crypto?12 min read

How to Grow in the Blockchain Industry with Invest in Crypto?12 min read

Reading Time: 5 minutes

Invest in crypto has been one of the most preffered digital banking services lately. The blockchain industry has seen tremendous growth over the past decade and it shows no signs of slowing down. With new applications of the technology emerging every day across industries like finance, logistics, healthcare and more, there are plenty of opportunities for individuals and businesses to get involved and capitalize on this boom. If you’re looking to grow your career or business in the blockchain space, one effective way is to start investing in cryptocurrencies.

How to Invest in Crypto?

There are several options available when it comes to investing in cryptocurrencies like Bitcoin and Ethereum. One of the most straightforward methods is to open an account on a crypto friendly bank like The Kingdom Bank that supports crypto investments and trading. The Kingdom Bank offers private and corporate crypto banking services with the ability to easily buy, sell and store popular cryptocurrencies.

Some key things to keep in mind when opening a crypto account with The Kingdom Bank:

  • Complete the quick online application process providing basic KYC documents. The Kingdom Bank has a very streamlined account opening experience.
  • Choose between private and corporate crypto banking based on your needs. Private accounts are for individuals while corporate accounts support business entities.
  • Verify your identity using their video identification process for additional security.
  • Deposit funds using bank transfers or debit/credit cards. Major fiat currencies like USD, EUR, GBP are supported.
  • Start exploring the crypto universe on their innovative online banking platform. Research projects, check prices and make your first investments.
  • Enable crypto payments when you’re ready. The Kingdom Bank lets you spend crypto just as easily as cash at merchants accepting cryptocurrency.
  • Opening a dedicated crypto account with features like these lays the foundation for your blockchain investing journey. It allows safe and user-friendly access to this exciting new digital financial system.
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invest in crypto

Is It Necessary to Open a Crypto Account to Invest in Crypto?

While having a dedicated crypto bank account facilitates the investing process, it is not strictly necessary to open one in order to invest in cryptocurrencies. There are other alternative pathways that enable direct crypto ownership without requiring a separate account:

  • Use a centralized crypto exchange like Coinbase or Kraken. These platforms allow direct fiat-to-crypto trading, but you’ll hold the private keys.
  • Invest through brokerage apps on mobile. Services like Robinhood Crypto allow crypto trading without coin ownership. This offers less control but is simpler.
  •  The payments giant recently rolled out crypto buying/selling within its main app. However, options are still limited.
  • Purchase crypto direct from another individual. 
  • Mine cryptocurrency using your personal computer rig. This “earns” coins through solving complex algorithms, but requires technical know-how and expensive equipment.

While the above options grant indirect access to crypto investments without an account at a dedicated provider, opening an account provides added advantages like advanced trading tools, higher spending/withdrawal limits, and holding crypto funds in a regulated bank for increased security and convenience over time. It’s a question of your specific needs and risk appetite.

How to Manage Wealth with Invest in Crypto?

If part of your goal in investing in cryptocurrencies is long term wealth creation and preservation, it’s important to develop a thoughtful strategy around managing your growing crypto assets. Let’s explore some effective tips for wealth management when accumulating wealth through crypto:

  • Diversify investments across different projects, platforms and coins. Don’t put all your eggs in one basket to mitigate risk of any single investment losing value.
  • Use dollar-cost averaging to buy regular small amounts of your target coins over time instead of lump sums. This reduces volatility risks.
  • Store coins securely. With The Kingdom Bank, funds are held in protected online bank accounts. But also consider hardware wallets for long term “hodling”.
  • Take some profits regularly during bull markets. Rebalancing ensures you lock in gains while keeping cash for additions on dips.
  • Set price alerts to be notified of movements for your watchlist coins on The Kingdom Bank Mobile App so you can act fast.
  • Stake or lend supported coins that offer yield-generating options. This earns extra income from your digital holdings.
  • Consider alternate blockchain investment plays like NFTs and decentralized finance protocols which are complementary to long term crypto wealth building
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Proper ongoing management of your crypto wealth makes multiplying your assets through bull cycles and bear markets much more achievable with reduced stress. The Kingdom Bank’s powerful tools make the process seamless.

invest in crypto

How to Grow in Blockchain with Crypto Investments?

For professionals, entrepreneurs and companies looking to advance their blockchain journey, strategic crypto investments can open many doors of opportunity. In fact, according to a study by Quartz and the Coinbase-backed Epicenter podcast, over 80% of blockchain projects accept cryptocurrency for funding via token sales. Making early bets on promising teams through initial exchange offerings (IEOs) or initial DEX offerings (IDOs) is one way to support projects while gaining exposure at below-market prices.

Some other effective ways blockchain adopters can advance their careers and businesses through targeted crypto investments include:

  • Back initial coin offerings (ICOs) of startups building new decentralized applications and services leveraging emerging technologies like artificial intelligence, IoT and more.
  • Provide crypto liquidity on decentralized exchanges by becoming a liquidity provider (LP) and earn trading fees in cryptocurrency.
  • Test and build on emerging platforms by earning their native coins as bug bounties or through competitive grants and incubator programs.
  • Hire top blockchain developers using a mix of fiat salary and long-term crypto vesting contracts to attract top talent.
  • Pay service providers and suppliers in specific cryptocurrencies that offer discounts versus fiat to capture cost savings.
  • Sponsor blockchain events and conferences in return for promotion plus digital collectibles and commemorative NFTs.
  • Strategic crypto investments today pave the way for deeper involvement and lucrative business opportunities in the blockchain world of tomorrow. The Kingdom Bank provides a gateway to participate.
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Best Crypto Friendly Bank to Invest in Crypto

For those seeking a unified platform to manage both traditional banking needs along with their growing cryptocurrency activities, a crypto friendly bank can be extremely valuable. When choosing where to centralize your financial life, some key factors to consider include security, features, jurisdiction, reputation and cost of services.

On these counts, The Kingdom Bank stands out as one of the best options for a crypto-investing focused digital bank. Here’s why:

  • Military grade security with bank-level KYC, 2FA and independent audits offering peace of mind.
  • Global reach with bank accounts and crypto wallets available across Europe, Asia and beyond including emerging regions.
  • Wide array of advanced crypto tools including structured products, token swaps and integration with DeFi protocols.
  • Pioneering work in Bitcoin banking history and development of blockchain expertise over a decade.
  • Competitive fee structure beating wire transfer and monthly account costs at traditional banks.
  • Intuitive user experience across web, mobile and API platforms allowing borderless banking on the go.
  • Strong regulatory passporting under Swiss FINMA for robust oversight without overbearing restrictions.

With The Kingdom Bank, you can manage both your fiat and digital wealth seamlessly under one roof, advancing your financial freedom in lockstep with emerging global opportunities in open finance.

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