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TradeBull Crypto is the easiest place to buy, sell and invest in cryptocurrencies.
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TradeBull Crypto supports a variety of the most popular digital currencies.
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Why Millions Choose TradeBull Crypto.
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TradeBull Crypto offers variety of other crypto related Investments.
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l. Control over your assets: The quintessentially decentralized nature of crypto trading gives you control to own and store your assets without the involvement of a third party. The value of the assets is not determined by the exchange, or a middleman, giving traders liberty to avail maximum profits from the prevailing exchange rates.
2. Deflationary assets: Bitcoins and other cryptocurrencies have a limited supply. This makes them deflationary assets, which means the purchasing power increases over a period of time. Each cryptocurrency has an algorithm that puts a cap on their total supply.
3. Transparent and secure: Cryptocurrencies are popular due to their thorough transparency, owing to open-source and publicly-verifiable technology. TradeBullCrypto, founded in 2017, is one of the oldest crypto exchanges in the US. It offers a safe and secure platform for trading in cryptocurrencies.
4. Good choice for long term investment: Despite the volatility and fluctuations that characterise the crypto market, investments in crypto are seen to be extremely beneficial in the long run. They can act as a reasonable source of savings post-retirement or give you some much needed financial buffer during a sudden economic crisis.
5. Flexible and Independent trading: The 24x7 accessibility of crypto trading makes it extremely flexible for traders to organise their trading during any part of the day. Besides, there are several altcoins like Ethereum, Dogecoin, Ripple as well which increase the potential of gaining wealth and help traders diversify their portfolios.
Before taking the plunge in crypto trading, it's however prudent to follow this checklist of dos and don'ts :
- First and foremost is to ‘Do your own research’ (DYOR) to get rid of the enormous misinformation and bias around cryptocurrencies.
- Gain awareness about the risks associated with crypto due to its volatility. It's advisable to invest in cryptos according to one’s understanding about the technology behind the assets.
- Know the role demand plays in liquidity and stability of a cryptocurrency. The higher the demand and the community backing, the more lucrative is cryptocurrency for the investors.
- Get an understanding of the crypto regulations and ensure that service providers comply with Indian laws. Crypto has a fundamentally different approach being a digital asset and the regulations keep evolving globally.
- Analyse the coin's supply limit before investing. For example, Bitcoin is capped at 21 million coins.
- Read up extensively on any particular type of cryptocurrency you are interested in buying. Bitcoin is the oldest among all. Apart from Bitcoin, there are several popular currencies being traded on TradeBullCrypto. Each currency has its own liquidity which impacts its price volatility.
Bitcoin is the first implementation of a concept called "cryptocurrency", which was first described in 1998 by Wei Dai on the cypherpunks mailing list, suggesting the idea of a new form of money that uses cryptography to control its creation and transactions, rather than a central authority. The first Bitcoin specification and proof of concept was published in 2009 in a cryptography mailing list by Satoshi Nakamoto. Satoshi left the project in late 2010 without revealing much about himself. The community has since grown exponentially with many developers working on Bitcoin.
Satoshi's anonymity often raised unjustified concerns, many of which are linked to misunderstanding of the open-source nature of Bitcoin. The Bitcoin protocol and software are published openly and any developer around the world can review the code or make their own modified version of the Bitcoin software. Just like current developers, Satoshi's influence was limited to the changes he made being adopted by others and therefore he did not control Bitcoin. As such, the identity of Bitcoin's inventor is probably as relevant today as the identity of the person who invented paper.