How to Start Trading Cryptocurrencies

in #steemit7 years ago (edited)
  1. You should have a cryptocurrency wallet; normally a bitcoin wallet. You can open an account with COINS.PH, COINBASE, BLOCKCHAIN, and many more.

  2. Create an account with Cryptocurrency Exchange (such as Poloniex, Kraken, Bitfinex).
    To see all Cryptocurrency Exchanges, go to: coinmarket.com.

  3. Fund your Cryptocurrency Exchange account, normally using your bitcoin wallet.

  4. Explore & Start Trading.

Watch video below on how to use Poloniex.


Cryptocurrency Trading is equipped with a lot of risks. I advise you to dig up more info, conduct research, and analyze more reviews.

"Risk comes from not knowing what you're doing."

Sort:  

Risky time to tell people to join Polo, things aint exactly running smoothly over there.

thanks man for the info.. which one do you suggest then?

I would recommend Bittrex. The daily BTC volume is not as high as on Polo, but it is increasing almost daily. I stopped using Polo around a month ago, moved my holdings to Bittrex.

i see.. would you mind to share us what were your bad experiences with Polo.

I had issues with withdraws that took over 1½ week, and know several people having similar problems now. Polo recently got over 600% user growth, so should be a problem they can fix, and when/if they do, I will be back trading there again.

i've never tried to withdraw yet but i read a lot chats in the trollbox having the same issues like what you were having. Thanks for sharing man & I wish you more gains to come.

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 90479.14
ETH 3094.57
USDT 1.00
SBD 2.93