Why should you invest in crypto en how does it work?

At Knaken, we want to be there for anyone who seeks access to the promise of crypto. We offer a platform where you can buy crypto in a simple and safe way. Knaken is mainly known for their customer service. We offer our customers extensive support and always respond very quickly.

So why invest in general?

Investing in your own future is of course always a good idea. Saving is 1 thing, but it is also very important to store your savings wisely. You want your savings to retain at least its value.

People who have all their savings in euros in the bank are completely dependent on the value of the euro. High inflation and low interest rates mean that you can buy less every year with your saved euros. One way to protect yourself from this is to spread your capital. For example, you can invest a part in gold, other currencies such as dollars, real estate and stocks. With crypto, a new way of investing has now been enabled.

Investing may seem risky and complicated to many people, but it could also offer more certainty for the future. It is of course important that you do it wisely and do good research yourself before you start.

How does investing actually work?

Companies and especially starting projects often have big plans for the future. In order to realize these plans, they need some capital first. This is why they look for investors who believe in their future plans. Then they buy shares or invest in another way. If the future plans are fulfilled, and the project or company grows strongly, the value of the investment goes up and the investors are rewarded.

Investing in crypto also works something like this, only Bitcoin is an exception because there is no company or project behind it. It is therefore perhaps better to compare it with investing in commodities such as gold. Like Bitcoin, gold is scarce and convertible. Because Bitcoin is also useful for transactions and is more transparent, it is sometimes referred to as gold 2.0.

Investing is now possible for everyone. You no longer have to go to the bank, but you can simply create an account at home and start.

Why invest in crypto?

In the Netherlands, many people are used to the euro and the financial system we use today. But technology development does not stand still and there are now new possibilities. The first and most important crypto is Bitcoin and has been around for 13 years now. In that time it has proven itself as a reliable basis for a payment network and store of value.

There are many reasons to invest in crypto. Some people do it because they just think the price is going to go up, some because they're excited about the innovative technology, and some because they're losing faith in the money we're using now. Besides Bitcoin, there are many crypto projects that have different types of functions. You can buy stablecoins such as USDC and UCDT that follow the exchange rate of the dollar. You can also invest in platforms such as Ethereum on which more and more applications are being built. Much more is now possible with crypto, and we are happy to help you find your way in this new world.

Why invest at Knaken?

We are a Dutch crypto company registered with De Nederlandse Bank. This means that we comply with strict Dutch legislation. Knaken is an understandable platform and we offer extensive service entirely in English and dutch. With our up-to-date academy, we are also your guide in the world of crypto.

Knaken Crypto Trading B.V. is registered with De Nederlandsche Bank N.V. (DNB) as a provider of crypto services. DNB supervises compliance by Knaken Cryptohandel B.V. of the Money Laundering and Terrorist Financing Prevention Act and the 1977 Sanctions Act. Knaken Cryptohandel B.V. is not under the prudential supervision of DNB or under the conduct of business supervision of the AFM. This means that there is no monitoring of financial requirements or business risks and there is no specific financial consumer protection.

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