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RE: Getting Started with Crypto

in #steemit7 years ago

Thank you very much for sharing that topic. Thanks to you I discovered Bitfinex, Kraken and Bitstamp. Do you have some good experience with those sites ? Does somebody else have positive or negative feedback about those accounts ? Thank you very much for sharing.

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I have used Bitstamp and have had no issues and the other two are also well known. There are two key things to be careful about with exchanges:

  • How do they keep and secure your personal data?
  • How do they store your coins?

You can mimimise the latter by only leaving your coins on the exchange for a short amount of time and storing them in a wallet or secure location.

Thank you for your feedback.

I totally agree with you.
Because security reason, it's important to store a short amount on the exchange. Security of of personal data is also very important. I'll join Bitstamp and see for myself. Thanks again for sharing.

Your very welcome, a friend of mine was asking about this stuff yesterday and It's much easier now than in the past, but still not trivial, to get started.

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