4 Steps to getting into Crypto Currencies

in #bitcoin7 years ago (edited)

A lot of folks are starting to show an interest in crypto currencies. Though this is a good thing, but there are some pitfalls beginners fall into. These mistakes are rather common and can end up costing beginners a few thousand dollars worth of cryptocurrency if they are not careful. With the following pitfalls in mind, we have listed out 4 simple steps to buy Bitcoin, alt coins and how to store them securely.

Step 1: Buy Bitcoins:

Bitcoin is the "Base currency" in the crypto world. To start buying cryptos, buy bitcoin first by converting U.S. Dollars to bitcoin.

Services that Convert USD to Bitcoin: Coinbase 122.png

Step 2: Store Bitcoin

"Wallets" provide safe storage for your cryptocurrencies. Some wallets store only bitcoin. Other wallets store multiple cryptos

Some of the trusted wallets are: Jaxx122.png

Step 3: Buy Cryptos

"Exchanges" allow you to use bitcoin to buy 100s of other cryptos. Simply transfer bitcoin from your wallets to the exchanges. Some exchanges have wallets, but they're less secure than wallet-only services

Trusted Exchanges : Bittrex , Kraken, Gemini

Bittrex.png

Step 4: Store Cryptos

Various wallets allow you to safely store your cryptos off the exchanges, which can be vulnerable to hacks.

Other Trusted Wallets: myEtherWallet, Jaxx

122.png

Sort:  

Come to Woldwide bittrex korea pump group
Join Telegram channels http://telegram.me/DvaPump

Welcome to Woldwide bittrex exchange pump channel
The bittrex force of Koreans is powerful.
Last year our pumping room was highly trusted.
Do you think 500% ~ 1500% profit is impossible in a week?
We'll show you this is true.
With accurate chart reading, we plan to periodically pump.
We are recruiting people all over the world, and we do not need your money for free!
Just watch it. Install the telegram app and get in the channel.

Join Telegram channels http://telegram.me/DvaPump

안녕하세요. bittrex 거래소 펌핑 방입니다.
저희 한국인들의 bittrex 세력과 펌핑은 매우 강력합니다.
작년에 저희 펌핑방은 각종 코인 펌핑으로 크게 신뢰를 쌓았으며,
법적문제가 현재 있지않아, 다시한번 여러분들께 역사를 다시 써나가려고합니다.
일주일에 500% ~ 1500% 수익이 불가능할 것 같나요?
저희가 보여드리겠습니다. 우리방만의 노하우와 진실을
정확한 차트 리딩과 함께 저희는 주기적으로 펌핑할 예정입니다.
현재 전세계 사람들을 모집하고있고, 회원님들 돈 강요하지 않습니다. 공짜입니다.
구경만 하셔도 좋으니 텔레그램 어플 설치하고 저희 채널에 들어와주세요 ^^

텔레그램 입장해주세요. http://telegram.me/Dvapump

Coin Marketplace

STEEM 0.22
TRX 0.20
JST 0.034
BTC 92868.99
ETH 3121.42
USDT 1.00
SBD 3.14