How to Buy Cryptocurrency with Fiat Using Alfacash Store? | Analytics


The last few months have brought a massive amount of growth to the crypto sector. Bitcoin and Ethereum have been making headlines every day for months now, and both of them have already reached new all-time highs multiple times, defeating their 2017/2018 high scores.

As a result, crypto adoption is advancing faster than ever, which is excellent news for the global crypto community. However, this also leaves the newcomers to the crypto industry to figure things out for themselves, and while there are plenty of platforms to start trading on, they can be overly complicated and have lengthy verification processes.

Not to mention that they require users to deposit funds and use them for buying crypto from the exchange’s own wallets, which does not only make the process longer — it also puts user funds at risk. If the exchange were to get hacked or crash, the users’ funds would be out of reach until the platform can recover.

Alfacash Store comes with a much more practical solution for buying coins that does not only make the process much easier, but also faster and much less risky.

Who is Alfacash Store?

Alfacash Store is a new, non-custodial crypto trading platform that focuses on EU (SEPA) Zone. The service is focusing on making buying, selling and exchanging cryptocurrencies quick and easy, with the trading processes being fully automatic. All operations on the platform are very fast, including the verification procedure, which can take hours on competitors’ platforms.

Alfacash Store handles it in a matter of minutes. On top of that, the platform offers high liquidity, so that users would never have to wait long to have their transactions processed, and it is fully compliant with the EU regulations, which is proven by the fact that it has all the necessary licenses to service the EU/SEPA zone.

What Cryptocurrencies Does Alfacash Store Offer?

Alfacash Store offers 27 different cryptocurrencies at the time of writing, which can be obtained in exchange for fiat (EUR) or crypto (any of the 27 supported coins). The cryptocurrencies that you can buy, sell or trade include: Bitcoin (BTC), Ethereum (ETH), XRP, Bitcoin Cash (BCH), Litecoin (LTC), EOS, Tether (USDT), USD Coin (USDC), Paxos Standard (PAX), TrueUSD (TUSD), Monero (XMR), Cosmos (ATOM), Stellar (XLM), Dash (DASH), NEM (XEM), Zcash (ZEC), OmiseGO (OMG), Augur (REP), Qtum (QTUM), Zilliqa (ZIL), 0x (ZRX), Chainlink (LINK), Basic Attention Token (BAT), Holo (HOT), Golem (GNT), Binance Coin (BNB) and TRON (TRX).

How to Buy Cryptocurrencies on Alfacash Store?

As mentioned earlier, purchasing cryptos on Alfacash Store is mostly automatic and rather quick. There are only a few steps that need to be done, including:

1. Creating an Account

Account creation on Alfacash Store is very quick. Simply enter a desired username, your email, password, confirm your password and hit the sign up button.

After that, verify your e-mail and you will be a step closer to buying and owning cryptocurrencies.

2. Verify your Account

After verifying your email, you will have to verify your account.

This process is also very fast and fully automatic, so it can be completed in a matter of minutes. There are a few steps where you will have to submit a document that identifies you, a proof of residence and make a selfie.

3. Start Trading

The next and final step is to link your payment method and start trading cryptos. Once again, the site’s attention is on speed and simplicity, and so all you need to do is select a currency (EUR) or a cryptocurrency that you wish to trade and enter the amount. Then, select the crypto that you wish to receive and click on the big green ‘Buy Crypto’ button.

That is all there is to it, and the platform will take care of the rest.

As you can see, buying cryptocurrencies has become easier than ever — no more complicated than ordering a product from an online store. Even the account verification process, which is typically dreaded by users due to the fact that it can last anywhere from a few hours to entire days, is done within minutes, and you get to start trading almost immediately.

Final Thoughts

Alfacash Store is a brand-new, advanced crypto trading platform with excellent technology and the potential to revolutionize the crypto onboarding process. EU users who have just entered the crypto industry will find that the platform is as simple as it can get, and that buying digital coins is nothing to fear. This will cause people to not only come to crypto, but also to stay here, and it will be one massive push towards permanent adoption of digital currencies in Europe.

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