How can I start investing Cryptocurrency safely?

in hive-101145 •  3 years ago 

How can I start investing in Cryptocurrency safely?

If you’re new to investing in crypto, experts say Bitcoin or Ethereum are probably the best cryptos to start with. When you’re ready to buy in, here are a few of the first steps you should take:

Choose an exchange: A crypto exchange is the online trading platform you’ll use to buy your crypto. Some details to consider include security, fees, and available coins.
Fund your account: As you would with a traditional investment account, you’ll need to move U.S. dollars into your crypto exchange account.
Place an order: This differs by exchange, but you’ll essentially trade the dollars in your exchange account for the cryptocurrency you want.
Practice safe storage: Decide whether you want to keep your coins within your exchange account or move them into your own hot or cold wallet.
Now you can earn money from crypto without any knowledge.
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