Following the selection of a cryptocurrency that meets your preferences, it is also essential to understand the subsequent process of converting fiat currency into the chosen cryptocurrency. We are aware that for beginners, the process of purchasing cryptocurrencies may seem complex at first glance, but with a clear procedure, the risk of potential issues can be effectively minimized.
Every user’s journey on the BITmarkets EU platform begins with the creation of a personal user account. This process is designed to be intuitive while fully complying with all security protocols of the modern financial world. After filling in the basic information and setting a strong access password, the next step is identity verification, commonly referred to by the international abbreviation KYC (Know Your Customer). As Madison Six, the operator of the BITmarkets EU platform, places a strong emphasis on regulatory compliance, it is necessary for every user to provide a valid identity document and undergo biometric facial verification. This step serves not only administrative purposes, but above all protects clients themselves against illegal activities and ensures the security of their assets within a strictly regulated environment.
Once your account has been successfully verified and approved, you can proceed with transferring traditional fiat currency to your wallet. BITmarkets EU offers several proven methods for depositing funds into the system, whether via bank transfer or payment card. After the funds are successfully credited to your account, you will have liquidity available and ready for its first exchange into Bitcoin, Ethereum, or any of the dozens of other supported digital assets offered by our exchange.
The actual purchase of cryptocurrencies on the platform takes place through a clear and user-friendly interface designed to meet the needs of both beginners and more advanced users. In the section dedicated to purchasing, you simply select the desired cryptocurrency and enter the amount you wish to exchange. The system immediately calculates the current exchange rate, and once the order is confirmed, the transaction is executed within a matter of seconds.
The final—and perhaps most important—aspect of the entire process is understanding the security mechanisms that protect your financial assets. Because Madison Six operates BITmarkets EU under strict supervision and in compliance with the European MiCA regulation, the platform is subject to high standards of deposit protection and strict segregation of client funds from the company’s own assets. The platform uses advanced custody methods, whereby the vast majority of digital assets are stored in so-called cold wallets disconnected from the internet, effectively eliminating the risk of cyberattacks. Entering the world of cryptocurrencies through a regulated exchange therefore represents not just a technical operation, but above all a responsible process of exchange within a protected financial ecosystem that defines a new era of digital finance in Europe.