Crypto 101

How Does Crypto Work with Maya?

How Does Crypto Work with Maya?

One of the biggest barriers that many would-be crypto investors face is the seemingly complicated processes of buying and selling crypto coins. However, contrary to popular belief, it’s actually really simple to invest in crypto!

In fact, the process of investing in crypto is as easy as using your Maya e-wallet. Here’s how it works:

Setting Up Your Wallet

To be able to invest in crypto, the first thing you need to do is to set up your crypto wallet. The good news? Your Maya e-wallet is already your crypto wallet! All you need to do is to navigate to the crypto interface and you’re ready to trade.

Buying Crypto Using Maya

If you know how to transfer money or make online purchases using your Maya e-wallet, then you won’t have any problems using it for trading crypto.

Once you’re on the Maya crypto interface, tap the “Buy” button and then choose your preferred cryptocurrency. Maya currently has Bitcoin (BTC), Ether (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Tether (USDT) available.

After choosing the currency you want to buy, there are two steps you can take. One is to input the amount you want to spend. The other is to input the amount of crypto tokens you want to buy. If you have a limited amount to invest, the first option is definitely better.

Do I Need Millions?

One Bitcoin is worth more than a whopping Php 2.4 million as of this writing. Meanwhile, one Ether is worth more than Php 200,000. Do you need that much to invest in crypto? NO! In fact, with Maya, you can already invest in cryptocurrency for only Php 50.

A good idea is to also explore other cryptocurrencies. For example, USDT is more or less equal to the price of the US dollar. Thus, it’s much more stable and friendlier to newbie crypto investors.

What Else Can You Do with Maya’s Crypto Wallet?

Aside from buying cryptocurrency, you can also use Maya to sell crypto. This comes in handy if you ever need to liquidate your assets and fast. You can also use the app to monitor the performance of cryptocurrencies so you can buy and sell more strategically.

Maya also has a collection of articles about crypto. We’re here to help you learn more about this new technology, bust myths, and figure out the basics, and help you manage your crypto investments better.

Happy trading!

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