Bitpapa: Cryptocurrency Is Simple

In the early days of Bitcoin’s history, there was no cohesive market for digital assets. Cryptocurrencies were traded on isolated platforms and across obscure forums, often in face-to-face deals. With the dramatic rise in popularity and adoption, things have improved a lot by now. But you still need a place where to buy a coin or two. 

Bitpapa, a global crypto bank and a leading p2p marketplace, gives people from all walks of life an opportunity to engage in crypto with ease and security. 

How to Make It Easy

Bitpapa’s mission is to empower every person to achieve financial freedom and independence through cryptocurrencies. And this mission is in line with the motto followed by the marketplace – Cryptocurrency Is Simple. Really, you don’t expect to get there with something that only the tech-savvy crowd could do or use.

And while under the hood cryptocurrencies are far from simple (as virtually anything in the world), Bitpapa does a terrific job of freeing the user of their complexities. 

On centralized exchanges, users are dealing with a depersonalized orderbook. When everything starts moving fast, it is easy to get lost among a mountain of options across an overloaded interface. Veteran traders may actually like it and feel quite at home in this situation. Nevertheless, it still takes time to get used to a new exchange and its quirks.

But this is not so for average Jane and Joe specializing in something entirely different, far from not just cryptocurrencies but trading itself. They may simply want to get some exposure to this space, like, for example, stocks. 

And let’s face it, they don’t have to figure out all the pesky details and intricacies of either cryptos or trading, although everyone needs to learn a couple tricks now and then.

Bitpapa, as a peer-to-peer marketplace, allows users to trade with each other – in an easy and intuitive way as this is what they do on a regular basis anyway, be it an everyday shopping routine or something less regular like buying a car or selling a house. The point is, people feel at ease here without losing their composure once they need something.

But there’s more to it than just offering a familiar setting. 

Bitpapa provides a trustworthy trading environment by making the counterparties honor the terms of the trade and live up to their commitments. By and large, it means that the buyer will receive the cryptocurrency once he pays the seller, while the seller will either get paid in full or retain his coins intact in case the buyer backs out. 

It is then no accident that most trades on Bitpapa are successfully completed within 5 minutes on average.

Marketplace of Choice

A simple registration with the marketplace gives you access to a multicurrency crypto wallet to receive, send and store all cryptos supported by the service. The wallet is integrated with the Bitpapa trading platform, so you don’t need to move your coins between wallets. 

You don’t need to confirm your phone number or go through a tedious ID verification process, either. But it may help as users on Bitpapa are free to choose who they trade with, and that includes doing business only with verified accounts. Other than that, all accounts on the marketplace are created and treated equal.

Bitpapa allows you to buy (and sell) such cryptocurrencies as Bitcoin, Ethereum, TON, Monero and USDT. These coins cover 90% of user needs, and you can trade them via a web interface, mobile app (available for both Android and iOS) and Telegram bot (best for fast crypto purchases). 

Bitpapa mobile app draws together all the pieces and features of the entire platform in one convenient place – your smartphone. The app will be particularly useful to those who don’t want to get tethered to their desktop or simply don’t have time to sit at their computer.  

The marketplace has a global presence and enables payment methods depending on the user’s country. It supports all major payment options such as bank transfers, debit/credit cards, electronic wallets, cash, as well as country- and region-specific ones.

Bitpapa doesn’t charge trading fees to those who make up the majority of users on the platform – simple people who buy and sell cryptocurrencies once in a while. At the same time, its withdrawal fees are among the lowest on the market, and the marketplace aims to keep them that way. 

In case you need to send crypto to another user, you won’t have to pay any fees. All you need to do is enter the wallet address like you would do for usual withdrawal – the service distinguishes internal addresses automatically. These transfers are instant as they don’t require confirmation by the network.

While not directly affecting immediate user experience, the lack of security can in a split second render all benefits and advantages of a marketplace worthless. That’s why safety of user funds is of top priority at Bitpapa – the platform uses cold storage internally. To further protect your account, you can enable 2FA as well as set an anti-phishing word.

And finally, should you run into any problems, Bitpapa’s support is at your fingertips 24/7 and will promptly come to the rescue.  

Cryptocurrency Is Simple

Bitpapa has built a service that caters to the needs of both common users and advanced traders. You can focus on developing sophisticated trading strategies with it – or visit it casually. But no matter what your background and motivation are, Bitpapa will make cryptocurrencies simple for you. 

Come try it out and see how it gets there.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.