How to buy Bitcoin – ABOUT CRYPTOCURRENCY
Cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Bitcoin, created in 2009, was the first decentralized cryptocurrency. Since then, numerous other cryptocurrencies have been created. These are frequently called altcoins, as a blend of alternative coin.
Below are some reliable websites to buy Cryptocurrency.
is the best place for a beginner to buy bitcoin. Coinbase is insured and you can buy with a credit card or linking your bank account. It is one of the few exchanges that accept United States Dollars (or Euros if you are in Europe). Currently, Coinbase offers several cryptocurrencies including Bitcoin, Ethereum, Litecoin, Bitcoin Cash.
Open an account and get $10 of bitcoin when you buy $100 or more bitcoin!
If you are going to hold more than a few hundred dollars, you should consider a hardware wallet. These wallets will securely hold your private keys. The Ledger Nano S is a top hardware wallet. Buy it directly from the manufacturer. It is available on Amazon but if you don’t get it from an official reseller there is a security risk (and you could lose your coins). Even though the company has a link to Amazon, just buy it directly from Ledger so you don’t have to worry about it.
Below are the exchanges you should open accounts with to start:
is easy to use cryptocurrency exchange service between digital currencies. Changelly aggregates and suggests the best currency rates among the largest crypto trading platforms. If the coin you are interested in is available here, this should be your first choice until you get more comfortable with buying or selling coins.
You probably don’t want to hold your coins on the exchange. To hold your coins (actually the private keys) securely you must get a wallet. Exodus offers an easy to use interface and it supports multiple coins (including ERC tokens that use the Ethereum blockchain). You should buy a small amount of coins and send them to your wallet and back to Coinbase just to get the hang of it.
has extensive altcoins available for transferring in and out. (May not always be accepting new customers if so you can check back every so often)
If you are interested in advanced trading strategies, these exchanges are for you:
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