Buy virtual currency to earn income legally

In November 2021, the cryptocurrency market exceeded $3 trillion. A big first in its history, but also a tripling of its value compared to the beginning of that same year. And the cryptocurrency train is still moving.

Buying cryptocurrency has indeed become a common way to obtain financial income. It can be supplemental income for people with jobs, but other investors are now focusing solely on the virtual currency. Buying cryptocurrency is a legal way to obtain income, which even has to be declared on the tax return.

Buying cryptocurrency: many opportunities

The cryptocurrency market is still driven by Bitcoin , the leading crypto asset in terms of history, but also in terms of trading volume. Bitcoin is the most well-known crypto-currency. It is now seen as a credible investment alternative and sometimes even as an unavoidable store of value. The Bitcoin protocol also has an active developer community, the largest market capitalization, and the most exposure in the media and academic publications. It is the most proven technology in the community, having been around for over 10 years.

But Bitcoin is far from alone in the cryptocurrency market. The latter includes many cryptoassets, which are all investment opportunities, like Ethereum, which is the second largest security, both in terms of capitalization and media coverage. Today, there are reportedly between 10,000 and 20,000 existing crypto-currencies. To find your way in this very large market, it is very important to be well informed about crypto currencies and their prices and to be advised before buying crypto currency.

Buy crypto currency: an accessible investment

According to a KPMG/Ipsos survey conducted in 2021 for the Association for the Development of Digital Assets (Adan), about 8% of French people said they have already made a cryptocurrency purchase, compared to 3% in 2020. Sometimes mistakenly perceived as complex, buying cryptocurrency is increasingly accessible thanks to the emergence of online buying platforms.

Before getting started, however, it is important to look carefully at where you are going to buy your crypto currencies in order to benefit from a platform that is both regulated, secure and easy to use. This is obviously the case with the platform made available to you by Coinhouse, a pioneer in the sector since the launch of its services in 2015 and which now has over 350,000 customer accounts, 65% of which are individuals.

Where to buy crypto currencies? The Coinhouse offer.

Born in the late 20th century as a concept, cryptocurrency started its explosion with the creation of Bitcoin in 2009, before becoming an alternative to fiat currency today. As digital currency continues to be democratized, buying crypto currency is becoming more and more accessible. While it is now possible to buy virtual currency very easily online, one must be careful to have the right approach and choose a reliable and secure platform, like Coinhouse.

As is often the case when something works, the popularity of virtual currencies has brought its share of scams for consumers. Asking yourself how to buy your crypto currencies safely is therefore paramount. As the first platform registered as a Digital Asset Service Provider (DAP) by the AMF (Autorité des Marchés Financiers), Coinhouse is known for its reliability and security. In addition, our platform benefits from a customer service that both speaks French and is based in France. This allows you to get direct answers to all your questions and complaints.

Coinhouse is also the assurance of a simple and fast purchase of crypto currency, through an easy to understand offer, whether for individuals or professionals.

Buying crypto currency at Coinhouse is done after a simple account opening. There are three main ways to open your Coinhouse account:

• Via our classic free offer. Because our goal is to make cryptoassets accessible to everyone, Coinhouse allows all individuals to open an account for free in a matter of seconds. On our platform, you can buy, sell, store and trade directly both Bitcoin and over 40 other crypto-currencies safely and easily. The purchase of cryptocurrency is done quickly by credit card or bank transfer from 20 €.
• Via our Premium offer. This paid offer gives you exclusive access to additional services and content (portfolio of high-potential projects, free consultation with a specialized tax lawyer, alerts and analysis in advance…), but also to benefit from reduced commissions.
• Via our Platinum offer. This paid offer is intended for the most experienced investors who wish to have access to a dedicated client advisor, to new Coinhouse products in preview, to investment reports to simplify their tax returns, etc.

No matter which offer you choose and no matter what your level of cryptocurrency knowledge, the Coinhouse platform has been designed in a readable and intuitive way to allow you to quickly complete your actions. You can also get easy access to our various additional services: Crypto Savings Account, setting up recurring transfers, etc.