Abstract
Investors in cryptoassets need to choose where to invest. Options are available, from pure investment on the blockchain to custodians investing on one’s behalf. This chapter investigates these options and the benefits they provide.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
Technically, you download the software to generate a public address from a private key on a reliable, open source platform, upload that software on a physical USB key or disk, then plug that device into a clean computer that has never been connected to the Internet.
- 2.
D-Core, 2021 Institutional Blockchain Investment Guide [38].
- 3.
While Coinbase is mainly a brokerage service, Coinbase Pro is also an exchange.
- 4.
Know Your Customer and Anti-Money Laundering.
- 5.
For Bitcoin, for example, the seed words are converted into a private key of 256 bits or 64 hexadecimal numbers, which is how private keys are typically presented. The number of possible private keys (2256) is about as large as the number of atoms in the observable universe.
- 6.
The full Bitcoin blockchain contains about 0.5 terabyte of information as of 2023 and increases by about 5GB per month. In other words, it can be held on a traditional computer’s hard drive and should remain so for the foreseeable future because hard drives capacity grow rapidly.
- 7.
See in particular https://bitcoin.org/en/choose-your-wallet.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2023 The Author(s), under exclusive license to APress Media, LLC, part of Springer Nature
About this chapter
Cite this chapter
Jeegers, T. (2023). Investment Vehicles. In: Understanding Crypto Fundamentals. Apress, Berkeley, CA. https://doi.org/10.1007/978-1-4842-9309-6_11
Download citation
DOI: https://doi.org/10.1007/978-1-4842-9309-6_11
Published:
Publisher Name: Apress, Berkeley, CA
Print ISBN: 978-1-4842-9308-9
Online ISBN: 978-1-4842-9309-6
eBook Packages: Professional and Applied ComputingApress Access BooksProfessional and Applied Computing (R0)