Bitcoin Retailers in Sudan – Simple Guide 2023
Bitcoin Retailers in Sudan
Want to buy Bitcoin? Learn where to buy Bitcoin in a few easy steps. As you may notice that huge companies are now also investing in crypto-currencies, it seems like the right time to get ahead of the herd and own your own crypto-coins like Bitcoin.
This transparent beginner’s guide will take you safely through the buying process step by step. Bitcoin. When you follow these steps, you’ll own your first Bitcoin today! How exciting!
TIP for Sudan! Avant de commencer avec l’article ci-dessous, assurez-vous que vous créer un Binance Compte Soudan (moins d’une minute) vous pouvez donc suivre directement les étapes ci-dessous.
How to buy Bitcoin (BTC) for beginners in Sudan
- Step 1 – Create and secure an account
- Étape 2 – Combien Bitcoin BTC dois-je acheter?
- Step 3 – Purchase of Bitcoin payment methods
- Step 4 – Trade or buy your first Bitcoin
- Step 5 – Get ready for the future of cryptography!
- Step 6 – More information about buying Bitcoin
Step 1 – Create an account
Binance is one of the largest platforms in the world. The big advantage is that it is very transparent to buy Bitcoin on Binance. Just like when you trade a normal fiat currency, you pay a small commission on each transaction you make and Binance has excellent rates. Once you have purchased Bitcoin you can choose to keep your coins online or send them to an offline wallet if one is available for your coins.
Cliquez ici pour créer votre compte gratuit et commencez à acheter Bitcoin in a few minutes!
Below, very simple steps explained, how to create a new secure account.1.1 Secure AccountClick on this link to access Binance Exchange to create an account.
1.2 Strong passwordEnter your email & strong password, check I accept the Binance Terms of Use and click register.
1.3 Verify your email addressOnce this step is completed, a verification email will be sent to you.Check your inbox and confirm your email address
1.4 Secure your accountGenius your Binance account is created! Now follow the next steps and make sure your account is secured 2FA. This is highly recommended.
What is 2FA? With 2FA, you will generate a security code each time you log in with a new session. This will help prevent others from accessing your account. The most commonly used 2FA authentication options are SMS and authentication applications like Google Authenticator.
1.5 You have an account now! Your account is ready to be used and purchased Bitcoin (BTC)
Step 2 – How much Bitcoin (BTC) should I buy
The good thing about crypto-currencies is that you can split them up and buy just one (small) piece. That way, you always have your piece of Bitcoin and you can use it or hold it.
It is a good idea to start by testing with a small amount of Sudanese pound to gain confidence in the process of buying Bitcoin and then increasing your transactions and buying more Bitcoin (be aware of the fees that are involved when you buy and sell crypto-currencies)
Two SMART reasons why it’s good to be active on multiple exchanges
People’s demand is increasing and sometimes you want to trade quickly. As some exchanges have waiting times for approval, which can take weeks. So it’s smart to already have accounts on several exchanges.
Another reason to have an account on multiple exchanges is that not all exchanges list the same crypto coins. When you discover a new coin you want to buy with your Sudanese pound (SDG), you don’t want to wait in line for approval, but simply act before the price goes up. Click here for a complete list of popular exchanges, including our personal TOP 5.
Step 3 – Purchase of Bitcoin payment methods
Binance has over 100 payment options to deposit money and buy your Bitcoin. Easily select your preferred currency (in your case Sudan, probably Sudanese Pound) and the payment option you want to use. Of course, they also offer the most commonly used payment options such as credit card, bank transfer and PayPal.
Note: each country has different payment options, just log in and check the payment methods for Sudan. In the crypto world and on exchanges like Binance you can’t buy all coins directly with FIAT currency. That’s why they have created stable coins like Tether USDT.
These are crypto-currencies that you can buy to exchange later for the currency you want to buy. Before you buy your favorite coin, it’s a good idea to research which coins are associated with the coin you want to buy.
Step 4 – Trade or buy your first Sudan Bitcoin
In the crypto world and on exchanges like Binance you can’t buy all crypto currencies directly with FIAT currency. For this, they have created stable coins like Tether USDT.
These stable-coins are crypto-currencies that you can buy to exchange later for the currency you want to buy. The name stable-coin comes from the USD, as the price of these coins simply uses the price of the USD. Before you buy your favorite coin, it is a good idea to research which coins are associated with the coin you wish to buy. For example, some coins only associate with Bitcoin and Ethereum other also associate with stable-coins.
Benefit of using stablecoinsAs some crypto-currencies can be volatile, stablecoins are often linked to the USD. Therefore, their price remains very similar, which will reduce the risk while exchanging fiat currency for other crypto-currencies and vice versa.
Step 5 – Get ready for the future of cryptography!
As said at the beginning of this article on buying Bitcoin(BTC), be prepared and create multiple secure accounts on the exchanges. This way, you’ll be ahead of the herd when you want to buy a new crypto-currency that isn’t listed on the platform you’re on.
Détaillants Bitcoin (BTC)
List of exchanges including our TOP 5 to buy Bitcoin (BTC) or other altcoins. Most of these exchanges have large trading volumes.
- Binance Soudan
- KuCoin
- Huobi
- Crypto.com
- Coinbase
Step 6 – More information about Bitcoin
DYOR – Do Your Own ResearchWhen investing in Bitcoin always make sure you do your own research on the coin, the technology of the coin and the team behind the coin. Before investing in a coin, it is important to do your own research on the coin, the technology of the coin and the team behind the coin.
DCA – Dollar Cost Averaging StrategyDollar cost averaging is a popular strategy in the investment and crypto world. It is a tactic where you systematically buy a certain amount of a certain coin/investment that you believe in. For example, every month, 100 Sudanese pounds. By buying systematically, it will reduce the emotional involvement and by spreading the money you invest, you spread the risk of a changing market.
DCA professionnel
- Invest small amounts
- Less stress in volatile markets
- Less risk of loss because you never buy the full amount on the spikes
Contre DCA
- Will not make optimal transactions because you do not invest everything on the bottom
- It takes more time, because you are not rich after an exchange
- If you DCA on an investment, you can choose a losing investment which will only decrease. It’s better to spread your investments out while making a DCA.
