RE: A Word of Caution Using Crypto Exchange Sites

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A Word of Caution Using Crypto Exchange Sites

in money •  7 years ago 

That's why you should only start with a small stack of money and increase if after the first few experiences (:

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Thats exactly the way I used to make any transaction using any exchange/service that I have no experience with: first let's try with 10$, then maybe 50$, maybe 100$ max. After couple of transactions and after some research over the net - I can try bigger amounts, not before.

@cobalus @biterly I absolutely agree... try it with a small amount first to make sure you understand the process of what you're doing. After that, increase the dollar value for whatever your goal is. Just make sure you're checking that rate for yourself. Sometimes it's worth it to wait on Coinbase to process payment than get taken by an exchange site.