Beginners guide to buy/sell Bitcoin, ETH and other altcoins

in btc •  7 years ago 

Hello all,

I prepared a short intro for people who are considering to start trading cryptocurrencies but do not know where to start.

First of all you can go to https://www.coinbase.com/join/592de008d9af1a0a2fa36159 (which you and I will get 10$ worth of Bitcoin) and register an account with your driver licence and passport. You can buy Bitcoin (BTC), Ether (ETH) and Litecoin (LTC) quickly from here but the delivery is about a week. They have also an app which makes it easier to buy/sell and good for beginners. However, fees are slightly higher here. With you coinbase username/pass u can login to www.gdax.com and buy/sell here where the fees are lower.

Other exchange I use is http://www.gemini.com. Confirmation of the account takes about a week. Afterwards you can transfer 500$ daily to your account instantly and buy BTC&ETH from here.

When you have BTC or ETH, you should have an account in http://www.bittrex.com where you can purchase other altcoins.

My favorite altcoins are : OMG, QTUM,NEO, PAY,KNC and ENJ (not it exchanges yet, you can buy from https://enjincoin.io

There are some websites below that are useful for beginners.

https://www.worldcoinindex.com/

https://coinmarketcap.com/

https://cointelegraph.com/

https://www.reddit.com/r/ethtrader/​ (check daily discussion for ETH and altcoins)

Let me know if you need other info
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