How Crypto Assets are Bought and Sold ?
đThere are many ways that you can buy, sell, and store crypto assets. For instance, you can buy crypto assets directly (e.g. in a peer-to-peer or P2P manner), and you can hold them in digital wallets that you maintain sole access to. Digital wallets are encrypted with a password, and that may lead to a greater sense of security for investors; however, there have been instances where people have forgotten their passwords or deleted their wallets, and locked themselves out of accessing their invested dollars. As well, depending on how secure your wallet or your password is, there is the possibility that either can be hacked, and the hacker can gain access to the crypto-assets stored within.
đCrypto assets are also available through trading platforms, Initial Coin Offerings (ICOs), Initial Token Offerings (ITOs), and investment funds. These are all described later in this article.
đMany crypto assets and online trading platforms arenât currently regulated, which means that the purchase, transfer, and sale of them falls outside the protections that securities regulators can provide. For example, because crypto assets can trade in a number of ways at all hours, it may be difficult to establish whether you are buying or selling crypto assets at a fair price. Regardless of how you choose to buy and hold crypto assets, keep in mind that it can be difficult to pull your money out.
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