Crypto Exchanges for Beginners

in #crypto7 years ago
  1. #Coinbase is the easiest way to buy your initial crypto. Head over to https://t.co/eWWVWpwzA2 to get signed up. You can link your bank accounts, debit/credit cards, and use bank wires for purchases. On Coinbase you can buy #BTC (Bitcoin), #ETH (Ethereum), #BCH (Bitcoin Cash), and #LTC (Litecoin). Website, and mobile app, are extremely user friendly. Also, visit https://steemit.com/gdax/@cam-crypto/gdax-101-first-rule-of-trading-don-t-lose-money to learn about GDAX.

  2. #Robinhood has been around for stocks for awhile now, but recently they are going to start offering cryptocurrencies. Sign up at https://t.co/aTzTwDnu6k. This will be a huge competitor for Coinbase since Robinhood is offering zero fees for trades. Super sweet mobile app. They are also very user friendly. Stocks and crypto, best of both worlds.

  3. #Binance is by far the best exchange for taking those coins you bought off Coinbase or Robinhood, and using them to buy other coins. Check it out at https://t.co/W6qURVzlxM. You use BTC, ETH to buy other #altcoins, like $ADA (#Cardano) $IOTA (#MIOTA) $ZRX (#0xProtocol) $XVG (#Verge) and sooo many others. This is where day trading, and diversifying your portfolio takes place. Plus if you find a coin you want to invest in, this is one of the exchanges to get it off of, as in one of the only ways to buy that coin.

  4. #BitShares is a #DEX (decentralized exchanged). Over at https://wallet.bitshares.org/?r=cc-1007. Little more harder to use. Coinbase is a good example of a centralized exchange, where everything comes in and out of one, central, place. DEXs are the future. Believe me. You want to get in on this now, get the lifetime membership, and stock up on $BTS (#BitShares). Big Brother can't control DEXs...

  5. #Bittrex is another good one. They have some coins that Binance or KuCoin may not have. And it's also a good idea to not keep all your coins on one exchange. bittrex.com to register. It's fairly easy to use.

(I'll post some more advanced 'How To's' on these exchanges later.)

Twitter: https://twitter.com/CryptoMooninite
Facebook: https://www.facebook.com/groups/146675615986473/

Coin Marketplace

STEEM 0.26
TRX 0.19
JST 0.038
BTC 91978.14
ETH 3326.03
USDT 1.00
SBD 3.84