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RE: Market Update: Bitcoin sets a new record high and new record close (again)
Once you have Bitcoin, you can buy anything by just transferring your Bitcoin to an exchange like Bittrex :)
Once you have Bitcoin, you can buy anything by just transferring your Bitcoin to an exchange like Bittrex :)
Cheers mate, I was thinking that was the next step, thanks for clarifying.. Do I leave it on Bittrex then? Or need a wallet? or back to coinjar.. So sorry for the questions mate, I am so new to this, and keen to buy :)
Depends what you are buying and what you intend to do with it - it is generally not advisable to leave coins on exchange, unless you are actively trading with them. If it is an investment, you'd usually transfer it to a local wallet which you keep offline and don't lose. If however you want to keep trading the funds for other coins, trying to make a profit, then you have to leave it on exchange. If you are buying STEEM, you can transfer to your Steem account and power up to STEEM POWER!
Cheers, thanks heaps for taking the time to answer my questions..