Cryptocurrencies or crypto-assets

EU Terminology

Crypto-assets are also commonly known as cryptocurrencies, virtual currencies, or tokens. But keep in mind that the EU does not consider these as currencies. The term crypto-asset is therefore the closest term to reality.

What about security?

Security on the blockchain

Decentralised blockchain

A blockchain is decentralized, which means that the information is not stored on a single central server, but is replicated exactly on all the computers participating in this blockchain. This technology is based on peer-to-peer (P2P) exchanges, and all databases must be identical in order to be valid.

The transparency of the blockchain information being total, it is possible to retrace the history of all the modifications made to the database since its creation. It is easily understood that if one or more computers, also called nodes of the network, display different data, the majority of servers will still be the reference standard for the validation of transactions, hence the absence of a central control body or trusted third party.

Consensus and attacking risks

As explained above, every change made to the database must be approved and verified by the majority of network nodes. This system is therefore very secure, because to corrupt it, it would be necessary to simultaneously attack more than 51% of the participating replicate databases.

Trading Cryptos

Learning on bit4you

Demo account

On bit4you, you can open a demo account, 100% free and without obligation on your part. You will receive 100,000 USDT to start learning how the crypto-asset markets work by creating virtual buy and sell orders. You can also test different trading strategies on your demo account without risking real funds. Once you feel comfortable with the cryptos on your demo account, you can easily switch to orders with real funds in the same account.

Using technical indicators

bit4you offers you a multitude of technical and statistical indicators allowing you to create your own graphs and market analysis.

Buying on bit4you

bit4you allows you to buy USDT (crypto base currency equivalent to 1 USD). These USDT allow you the exchange with the crypto-assets available on bit4you (Bitcoin, Ripple, Neo, ..). This purchase is instantaneous if you use your bancontact card. In case you prefer to make a transfer, the time will be a little longer because we will deliver your crypto-assets upon receipt of your funds.

For those who already have bitcoin on other platforms or wallet, you can transfer them on bit4you to make your exchanges.