Buy Verified Bitso Accounts
Trading in cryptocurrencies has received massive support in many countries, and exchange platforms are a vital part of this sector because they offer users an opportunity to interact with different types of assets in the form of cryptocurrencies. Evidently, there are many exchanges, however, having an overview of various ones it is possible to focus on the one that is considered to be one of the most popular ones, especially in Latin America – Bitso. Clearly, due to the simple design, reliable security protocols and great number of offered cryptocurrencies Bitso has drawn millions of users. For those who want to avoid the tiresome process of the corresponding verification, buying an already verified Bitso account became one of the options.
This guide will cover all of the basics you need to know about purchasing a verified Bitso account, where and how to do it safely, as well as the pros and cons that are involved. Also, the guide will include essential considerations when making a purchase.
What is Bitso?
This is a Mexican based cryptocurrency trading platform that started operation in 2014. In this regard, Bitso has made itself as a safe and reliable trading place for cryptocurrency traders within the targeted region helping both new and experienced traders to participate in the crypto market.
Key Features of Bitso
- User-Friendly Interface: But for newcomers to the world of cryptocurrencies, Bitso is a great opportunity to get started without any problems.
- High Security Standards: Bitso has protection of user’s funds through such measures as cold storage, two-factor authentication (2FA), and others.
- Regulated Exchange: It simply operates under the Mexican Financial Technology Law which should give it the validity and credibility it needs.
- Multiple Cryptocurrencies: Bitso has a large number of cryptocurrencies to trade and it provides a number of trading options.
- Cross-Border Payments: The services provide include the cross-border transfer of funds in digital currency, thus enabling users to receive and make payments in other countries using cryptocurrencies easily.
This is why you need a verified account with this platform known as Bitso?
Obtaining verified status on the Bitso is very important in order to unlock most of its functions. They do not require users to go through the identifying process what gives access to more features important for serious trading on Bitso.
The following is the list of what comes with a verified Bitso account.
Higher Withdrawal Limits.
To withdraw large sums a user needs to provide Bitso with the verification of an identity to make sure it belongs to a lawful person. Trading via such accounts may not be convenient particularly due to restrictions when it comes to the withdrawal options available to unverified accounts especially to users who trade large quantities of the currency.
Access to Fiat Transactions.
This would enable users to load and withdraw fiat currency such as Mexican pesos (MXN) and Argentine pesos (ARS) which are disallowed for an unverified account.
Enhanced Security.
Verification makes an added security layer to your account by linking your identity to the account since it helps conform to regulatory measures and prevents third party access to the account.
Unlimited Use of All Platform Functionalities.
Standard account holders on the platform can also use all of Bitso’s usages such as complex trading, cross-border payments, and lending products empowering verified users with an extensive trading capability.
Is it wise to buy a verified Bitso account?
If you need all the features of the site or are having difficulties with the KYC process, buying a verified account in Bitso can attract. But the decision requires one to consider the pros and the cons before making such a decision.
Why should you buy a verified Bitso Account?
Skip the KYC Process.
Due to the KYC verification process, it becomes a lengthy process to complete through which an individual is asked to provide government IDs, proof of address, as well as photos of the individual. For the others, who don’t want to go through this way, or they just don’t have time for it, there’s a quicker way to buy – get a verified Bitso account.
Access To All Parts Of The Program Any Time.
To trade, withdraw and deposit without limitations you have to buy a verified account from this platform at a very reasonable price. This is especially advantageous for the large volumes of traders or those who require retires of their money at precise time.
Start Trading Immediately.
Not being able to use the account due to verification can be a costly affair in the trading world pf cryptocurrencies. Buying a verified Bitso account is a strategic gain because you will be able to start trading immediately without having to wait for a verification process.
This article covers information you need to know on how to safely buy a verified Bitso account.
Research Trusted Sellers.
When searching for a seller, the first step to take when buying a verified Bitso account is to ensure that the seller is legit. Crimes have become rife in the crypto market, so you have to be careful. You should choose those sellers that have good feedback and who have been selling their products for a long time.
Sources of Reliable Sellers.
- Cryptocurrency Forums: From forums like Bitcointalk to Reddit there are always sellers with verified accounts.
- Online Marketplaces: There are specific platforms for buying and selling accounts with crypto as there is escrow services for protection of both parties.
- Customer Reviews: A buyer should always read the reviews of the other people in relation to the product being sold before buying it. A good seller will have many positive feedbacks closely related to the percentage of the total feedbacks they have received.
Secure Your Payment Method.
To buy a verified account from Bitso.com, one should use cryptocurrency, PayPal or any other well trusted escrow site.
Change Account Credentials.
One of the major risks of buying a verified Bitso account is that the credentials to the account should be changed as soon as you complete the purchase. This include: the email address, the password to the account, and 2FA settings; a form of security enhancement. This will help in isolating the seller from accessing the account hence completing the job attribute.
Verify the Account Status.
Once, you are logged into the account verify that the account is fully authenticated and working fine. Make sure that there is no limit to any of the features offered and that there is no limitation to either withdrawal or deposit.
Handy Strategies to avoiding the need to purchase a verified Bitso account.
However, if you are still skeptical to buy a verified account due to the consequences you might face it is good to look at other options available.
Complete the KYC Process.
The best secure method to verify and unlock all the features of Bitso for your account is to do the KYC process yourself. While it might take a few hours or even days, the official verification prevents your account from being banned or even provoking legal consequences in the case of violation of rules and norms of Bitso .
Use a Different Exchange.
If you do not wish to wait this long then you may need to consider using another exchange which have faster verification procedure. The same with Binance, Kraken and Coinbase which have similar characteristics and may take less time for getting through a KYC procedure.
Bitso Account Security.
After creating a verified account in Bitso, consider the following measures in order in order to protect your account and your belongings.
Allow Two Factor Authentication (2FA).
When creating a new account, enable the two factor authentication for a secured account. This will mean that to access the site, one needs another code, often, sent via your mobile number.
Use Strong Passwords.
It’s recommended to use different and powerful password for your Bitso account to avoid account hacking. Gradually eliminate the practice of using single type of password for different platforms and consider using password manager.
Monitor account activity.
It is important to often check your account to prevent or at least identify any fraudulent practice going on in your account. If there is any thing which does not feel right, contact Bitso customer support instantly and get a change of password.
Is it legal to purchase bitso account?
Whether you are allowed or not to buy a verified Bitso account is completely determined by the laws of your country. Before making the purchase it is always wise to visit some local lawyer or at least read laws of a particular area to avoid some legal problems.
How much time does it take for the verification process in the Bitso platform?
The verification on Bitso is a procedure that takes several hours up to several days.
Conclusion.
Buying a verified Bitso account can give an instant opportunity to use all the existing opportunities of the platform and avoid the long process of account verification. However, anyone using social media must have his or her account disabled, face legal consequences, or be scammed.
If security is required, the best way is to follow the instructions on the official website of Bitso and go through the KYC process to retain one’s account. Some of the risks involved in purchasing a verified Bitso account include; if proper precaution is not taken, you are likely to fall a victim to fraudulent people, you might deal with fake sellers, payment methods fraud, and so on, to minimize this risks you can consider the following; you can only buy the account from recognized sellers, refrain from using other people’s card to complete the payment and also enable the security features on the Bitso account.
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