🔥 Buying Chia Coin Instructions | Paypal, Credit Card & SEPA

Chia Coin website

Are you looking for one Kryptowährung, who is believed to have the same success story as Bitcoin, you will probably come across Chia. The cryptocurrency, which has only been tradable for some time, may be reminiscent of Bitcoin, especially because the coins can be produced on private computers. This creates a second gold rush atmosphere that was already observed with Bitcoin.

However, Chia does not require a network consisting of ultra-fast supercomputers, but production (still) takes place via networked computer hard drives. The advantage? Significantly less electricity is used; Chia also wants to be more sustainable than other digital currencies.

But is it worth buying Chia Coins, or will the cryptocurrency disappear from the screen in the foreseeable future?

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Buy Chia Coin from Germany, Austria & Switzerland Instructions:

Since the beginning of 2021, the entire crypto market has been in an unprecedented mood of jubilation. Because the Bitcoin, which was below 10.000 US dollars last summer, was able to cause a real bull run after jumping the 20.000 US dollar limit in December: In mid-March it went over 60.000 US dollars - and even if there were a few corrections, This was followed again and again by a recovery that catapulted Bitcoin even above the level it had previously reached.

Chia Network Price XCH CoinMarketCap

Other cryptocurrencies could also use the Bitcoin soars benefit and are now either above the last all-time high or just below it.

But what to look out for when you get coins a Buy cryptocurrency want? You need access via a crypto exchange. In this case, eToro may be an appealing variant - because eToro scores with being an online broker that also provides the services of a crypto exchange. Furthermore, eToro convinces with social and copy trading. This means that you can copy decisions made by experienced traders and transfer them to your own portfolio.

If you find that eToro corresponds to your personal preferences, there is nothing to be said against opening an account.

Step 1: Register with eToro

Create eToro account

eToro shows right from the start that you can a beginner friendly broker is to be trusted. The registration takes no longer than a few minutes: eToro only requires a few pieces of data - this includes the first and last name, a user name as well as the email address and a password. When choosing a password, however, you should ensure that you choose an appropriately secure password - that is, not only work with upper and lower case letters, but also include digits and special characters.

After the registration has been completed, you can then make the first deposit. ‍

Step 2: Deposit with PayPal, credit card or instant transfer 

Deposit money on eToro account

And here, too, eToro proves that you don't have to make any compromises, as a variety of different deposit methods are available. So you can pay with your credit card at eToro, but you can also use the bank transfer, eWallets use or even use PayPal.

PayPal in particular should be mentioned here, as this is by no means a matter of course. The online payment service may be popular and well-known, but has not yet been able to assert itself 100 percent in the field of online brokers.

Depending on the chosen deposit method, the money is available immediately or after a few working days.

‍Step 3: Buy and Sell Chia Coin 

eToro markets overview

When it comes to buying Chia Coins, there are two methods available: You enter the number of coins to be bought and the amount to be invested is calculated, or you specify the amount to be invested and find out how many Coins you get for it. If you confirm the transaction, the coins are forwarded to the integrated wallet.

By the way, if you only speculate on the price, you won't buy any coins. In this case, it's all about speculating about future price developments.

Buy Chia Coin deposit methods

If you decide to use eToro, there are various deposit methods. EToro offers credit cards, bank transfers, the use of various eWallets and PayPal. Here, PayPal in particular may be seen as an enormous advantage - because PayPal is not yet 100 percent within the Online broker industry arrived. If you have a PayPal account, you can easily make a transfer here in real time.

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Buy Chia Coin PayPal

If you use PayPal, transfers are possible in real time. What that means? Anyone who orders the transfer at around 13 p.m. will have the money in their account at 13:01 p.m. Due to the fact that so far not all providers offer PayPal, it is necessary to check in advance whether this service is available if you plan to work exclusively with PayPal.

Buy Chia Coin Sofortüberweisung

A real-time transfer is also possible via the instant transfer service - the name says it all. The advantage? With the instant transfer you access your own bank account - that is, it is a transfer from the bank account in real time.

Chia Coin buy credit card 

As a rule, every provider offers payment by credit card. You only have to check in advance whether a) fees are incurred and b) whether the credit card company used is also accepted. Those who only accept VISA, for example, make it clear that payments with MasterCard are not possible

Buy Chia Coin with Paysafecard

The Paysafecard is usually supported by very few providers. If you only want to top up your account with the Paysafecard, it is important to find out in advance whether this service is offered at all.

‍How to buy and sell Chia Coin

Once the Chia Coin has reached the appropriate level, the cryptocurrency can be sold for a profit. It is advisable to set a limit yourself in advance - that is, if the Chia Coin reaches the amount for which you want to sell it, you should stick to the strategy. You don't have to sell the entire inventory, you can only sell parts of your inventory again and again.

Do you want to trade cryptocurrencies with the best conditions?

Start on eToro, the test winner crypto broker from Bitcoin-News.one

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Your capital is at risk. Not ready yet? Read our Etoro review.

‍Buy Chia Coin without registration

Due to the fact that you can via a crypto exchange or via an online broker If you have to register in order to get access to the crypto market, a purchase without registration is de facto not possible.

‍Buy Chia Coin anonymously

Anonymous purchases are usually not possible either, as personal data is required during registration, which the new user must provide.

Buy Chia Coin without verification

The verification of the identity does not always have to be done at the beginning. Sometimes the provider requires this in the course of the first payout - strictly speaking, that would mean that it is possible to buy Chia Coin through a provider without verification.

Where to Buy Chia Coin Cheap: Crypto Exchange Fees Comparison

Fees reduce profits. For this reason, it is important to choose a provider whose fee model you a) know and b) accept.

eToro Plus500 Libertex
Deposit fee - - -
Withdrawal fee $ 5 1,9 % -
Purchase fee 1,9 % 3,08 % 0,41 %
Holding fee - 0,05 % -

Buying Chia Coin or not: Is it worth buying Chia Coin?

Chia Network Markets CoinMarketCap

Experts are certain that the crypto market will become even stronger in the near future. And a growing crypto market means that currencies can also gain weight. Therefore, it may be advisable today investing in chia - if it goes up, you have been there from the start.

Other special features when buying a Chia Coin

Chia can be compared to Bitcoin. Coins of the Bitcoin cryptocurrency can only be produced with professional software or hardware; The production of Chia Coins also becomes more and more complex over time. The minimum size for parcels is growing and the computers have to be faster and faster. Smaller storage facilities are being phased out more and more.

Chia Coin GreenPaper Blockchain Explained

In addition, it is the major investors who are increasingly investing in Chia Coin. The peculiarity? If large hard drives are bought here in order to then work with Chia, delivery bottlenecks for the hard drives may be inevitable.

Even today, the production of coins may no longer be an ordinary hobby. Videos are already shown on YouTube, in which one deals with the acquisition of the right hardware; and here you have to dig deep into your pocket and invest a five-digit US dollar amount.

Buy Chia Coin Conclusion: This is the best way to buy Chia Coin

Anyone who deals with Chia will notice that there is a new type of cryptocurrency here that is only at the beginning of its journey, but has the potential to gain strength in the foreseeable future. We at Bitcoin-News.one advise everyone who deals with the latest forecasts to take a closer look at Chia Coin and consider whether an investment is worthwhile.

Do you want to trade cryptocurrencies with the best conditions?
eToro logo

Start on eToro, the test winner crypto broker from Bitcoin-News.one

SIGN UP NOW
Your capital is at risk. Not ready yet? Read our Etoro review.

Thomas Cormik

Thomas Cormik started out with the sole focus on educating his readers about Bitcoin and its potential impact on traditional financial systems. Thomas prides itself on bringing quality content to the masses under the Bitcoin-News.one banner.

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