Bitcoin has firmly established itself as the leading cryptocurrency in the market, even becoming a legal tender for a few regions. More and more individuals, businesses, and organizations are adopting Bitcoin for various reasons, including store of value, decentralization, hedge against inflation, borderless transactions, investment speculation, privacy and anonymity, among many others.
Whether you're a high-net-worth individual, an institution, or simply someone looking to make a sizable investment, purchasing a large amount of Bitcoin requires careful planning and the right platform. But don’t worry. We’ll walk you through how to buy large amounts of Bitcoin in a secure and easy-to-understand way with Ka.app.
Where to Buy Large Amounts of Bitcoin?
Buying a large quantity of Bitcoin isn’t as simple as clicking “buy” on a typical exchange. You have to consider a few things, such as security, transaction limits, liquidity, fees, regulatory compliance, and payment options.
Ka.app, a user-friendly crypto wallet and payment platform, makes a great option for purchasing large amounts of Bitcoin for various reasons:
1. Ka.app has robust security measures.
Through Fireblocks’ advanced technology, Ka.app keeps your funds safe in storage and in transit. The platform also has two-factor authentication (2FA) and strong Know Your Customer (KYC) checks that prevent fraud, unauthorized transactions, and other illegal activities.
2. There are no transaction limits.
Ka.app has no transaction limits, so you can buy as many Bitcoins as you want. It’s good to note though that the platform’s compliance team may request a proof of source of funds to prevent illegal activities and foster security in the platform.
3. Lots of payment options available.
Ka.app allows you to buy crypto with bank transfer (including IBAN), credit or debit card, Apple Pay, and other payment methods available on Ramp.
4. Service fees are affordable.
The service fees for buying Bitcoin on Ka.app varies depending on your chosen payment method. If you prefer to buy crypto with IBAN, you need to pay a SEPA transfer fee worth €1, then you need to convert euros (EUR) into Bitcoin on the platform. Conversion fees can be as low as 0.376% of the transaction amount. Meanwhile, the fastest way to buy Bitcoin is with a card.
How to Buy Large Amounts of Bitcoin on Ka.app
The process of buying large amounts of Bitcoin on Ka.app is the same as buying any other amount of crypto. Here’s the step-by-step guide:
- Sign up or log in on Ka.app.
- Go to the home screen and click/tap the ‘Buy’ icon.
- Select Bitcoin.
- Choose your payment method.
- Enter the amount of your transaction and other payment details.
- Confirm the transaction.
- If it’s an unusually large amount of Bitcoin, you may be prompted to provide a proof of source of funds. You can learn more about the accepted documents here.
The Bottom Line
Buying large amounts of Bitcoin can be a strategic move for investors seeking long-term growth or diversification. It has distinct advantages, like reducing the impact of price volatility and potentially locking in a favorable rate.
Thankfully, with Ka.app, the process of buying Bitcoin in bulk is easy, secure, and convenient, even to crypto beginners. If you haven’t already, sign up for an account now, and start your hassle-free Bitcoin journey today.
Disclaimer: This article was written for educational purposes only and should not be taken as financial, investment, or legal advice. Buying Bitcoin carries risks due to market volatility, including the potential loss of your funds. Please do your own research, evaluate your financial circumstances, and understand your risk tolerance before making investment decisions.
FAQs
What is the maximum amount of Bitcoin I can buy?
There is no transaction limit on Ka.app, so you can buy any amount of Bitcoin. However, unusually large transactions may go through a verification check which would ask you for a proof of source of funds.
How many Bitcoins can I sell at once?
You can sell any amount of Bitcoin on Ka.app.
Where is better to store large amounts of Bitcoin?
It's best to use a combination of different storage methods for keeping large amounts of Bitcoin, including a hardware wallet and a secure crypto wallet.