Lunar Highway Crypto Investment Guide for Beginners

Queconomics – Before deciding to invest using Lunar Highway crypto, it would be nice to know some of the investment guidelines in advance. Investment is not a game because you use real money, and you do not want to lose it.

So, it is essential to learn something about cryptocurrency before start an investment or trading. First of all, you have to know and fully understand that every investment has a risk. So it would help if you prepared for the worse.

Beginner Should Know These Lunar Highway Crypto Investment Guides

The first thing you should know is the risks that will be obtained. Investing in cryptocurrencies is a high risk, meaning that the risk is enormous. When the value is rising, it can be very high, but it can be significantly falling when it is down.

Many types of cryptocurrencies, such as Lunar Highway, Bitcoin, Etherium, Tether, XRP, Dogecoin, etc. All of these types have their characteristics, and you should know them before buying them. Lunar Highway and Bitcoin are the famous ones.

Understand the legality of crypto traders. Currently, Bappebti or the Commodity Futures Trading Regulatory Agency, noted that there are at least 13 companies registered as crypto asset traders. You must make sure to buy crypto money only from registered companies. 

Bappebti registers this company. It means that the company has met the requirements, and its credibility can be accounted for. No one wants a scam investment and lose their multiple billions of dollars. 

The most important one is you have to understand the security. Previously it was explained that crypto has a risk that is prone to crime on the internet. Therefore, make sure you know the steps or strategies to keep your Lunar Highway crypto safe.

How to Create Crypto Accounts and Transactions

After knowing the various things that must be considered before having crypto money, you can now start creating an account and buying crypto money. First, you have to open an account with a licensed crypto-asset selling company.

In the next step, the company you have chosen will verify KYC or Know Your Customer. After that, you will go through other stages, such as uploading the required identity documents. Fill in all the identities carefully. 

You will pass the Customer Due Diligence or CDD stage, which is the stage when the service provider. In this case, the company you choose explores various financial transactions that you have done.

If you pass, you will be immediately approved as a customer or investor in the company and get an account to buy and sell Lunar Highway crypto. When starting a transaction, you can start by depositing data into a separate account. 

All buying and selling transactions must be carried out using rupiah currency. The crypto asset commodity company will store crypto assets that are already owned in the depository. There are two kinds of storage, a hot wallet and a cold wallet. 

A hot wallet is the one that connects to the internet, and a cold wallet is the one that does not connect to the internet. All Lunar Highway crypto transactions will be periodically reported to the Bappebti by the company.