How to Buy Cryptocurrencies and Crypto-Fiat on HOO
HOO is a leading cryptocurrency exchange and investment platform, where you can buy, sell and exchange Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, and many other cryptocurrencies.
As soon as you open the app, you’ll see a simple layout and easy steps to register for an account. Once you’re logged in, you can buy cryptocurrencies or crypto-fiat, from USD Coin to Basic Attention Token, all in a matter of minutes.
What you need to know about cryptocurrency trading
How does cryptocurrency trading work?
The principle is very simple: you buy or sell a cryptocurrency for an equivalent amount of a currency that’s more widely accepted.
Buy
To buy a cryptocurrency, you’ll need your HOO account linked to a bank account or debit card. You’ll also need to know the amount of currency that you want to buy.
For example, you want to buy Bitcoin. This means you’ll need to first decide on the price. The HOO website offers an online calculator that shows the price in BTC (Bitcoin), BCH (Bitcoin Cash), and ETH (Ethereum). If you want to buy Ethereum Classic, you’ll need to take the price in USD (US Dollar) or EUR (Euro). You can also pay with a fiat currency.
Keep in mind that some cryptocurrencies can be more stable than others.