Billionaire Tim Draper is confident in the rise in the price of bitcoin to $ 250,000

Billionaire Tim Draper has previously stated repeatedly that Bitcoin is focused on growth in the long term.

For example, last spring, financierconfirmed his position and added that the authorities of Western countries themselves provoke the strengthening of BTC. Even during the pandemic, the United States and European countries began to turn on the printing press and flood the market with money.

In this way, the Western world is tryingstimulate business activity. However, such a monetary policy will inevitably provoke inflation, so investors will massively switch to alternative instruments and to Bitcoin (BTC), in particular.

On air on CNBC earlier this weekthe billionaire again predicted the growth in the value of the cryptocurrency. Draper said that by the end of next year or by the beginning of 2023, the BTC rate will reach $ 250,000.

The billionaire is known for the fact that back in 2018, amid the collapse of the crypto market, he said that Bitcoin would resume its expansion and show us a new maximum.

Draper emphasized:

«Give it about a year and a half, and all retailers will switch to Bitcoin».

So far, only large corporations directly or indirectly work with cryptocurrency. However, the adoption of BTC is accelerating, respectively, the demand for such a tool will increase.

One of the leading factors inspiring optimism among investors islimited emission of digital currency... Miners will issue only 21 million coins, demand will peak as the date of the last bitcoin mining approaches, Draper summed up.

Where is it more profitable to buy bitcoin? TOP-5 exchanges

For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.

The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.

Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.5
3	OKEx	https://okex.com	7.1
4	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
• Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
• Feedback and support– we analyze user reviews and the quality of technical support.
• Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
• Platform Features– availability of additional features — futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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