Simple step by step guide for newbies to buying Bitcoin and other altcoin currencies within one day.

in xrp •  7 years ago  (edited)

Quick Guide: How to Buy Bitcoin and other Cryptocurrencies
DISCLAIMER: This is not investment advice and readers should note that cryptocurrencies are high risk and volatile investments. This is my personal advice as a successful investor in the crypto markets. Note that I have included my referral links to Coinbase and Binance trading platforms. Although it is not required by you to use my referrals in benefits you as Coinbase will give you and I both $10 USD worth of Bitcoin for your first $100+ invested.

This guide serves to assist you in purchasing some of the most well known and upcoming cryptocurrencies including Bitcoin.
Basic Strategy to purchasing your first CryptoCurrency
So far this seems to be the most basic and simple steps for people looking to buy their desired Crypto investments

  1. First, register with a Coinbase.com account. Coinbase is easy to work with and has an app in the Apple store and Android store for downloading. It is currently the most trusted exchange for beginners and is how most people have started their investment journey into the world of cryptocurrencies.
  2. Go through the verification process. This requires at least one form of ID. Coinbase takes no more than 10 minutes to have your account and ID officially verified.
  3. You will now be able to enter whichever method of payment you prefer. This can be via bank transfer or credit/debit card etc.
  4. After payment details are entered you are able to purchase either Bitcoin, Ethereum, LiteCoin or BitcoinCash. (If you plan on buying other known CryptoCurrencies on a bigger exchange, it’s best to start with Ethereum as it has the fastest transaction times and lowest fees.)
  5. Register with Binance.com. This is the largest exchange by volume currently and they trade almost all the popular and lesser known alternative and upcoming CryptoCurrencies, including Ripple, Monero, IOTA and NEO etc. Furthermore you can trade and withdraw up to 2BTC (currently about $25’000) worth per day without requiring ID. Those who wish to buy and withdraw more than that will need to submit ID. Note: A list has been included at the end of this article showing all the coins currently available to trade on Binance.
  6. Once you have registered with Binance you will have free wallets on the exchange for every Crypto currency that it offers. In order to trade on Binance you will need to use either Ethereum or Bitcoins that you have purchased.
  7. You may then transfer your Ethereum or Bitcoin to the Binance wallet given to you under the “FUNDS” tab from your Coinbase Account. Note that you must enter the address on your Bitcoin or Ethereum wallet correctly or it will not go through. Always double check that you are depositing the right Coin and the address has no mistakes.
  8. Once sent to your Binance wallet, you may now trade your Bitcoin or Ethereum for whichever coin you wish. Just remember that transfer times vary and are not instant for Ethereum (10 minutes+) and Bitcoin (1 to 24 hours).

Note: My referral codes are as follow for those of you who have not yet signed up with the exchanges mentioned:
Coinbase: https://www.coinbase.com/join/59b61e432f6cbe011674a30f
Binance reference code: 11299962
Cheers and Good luck to you all
Sebastian G.

List of Coins and their pairs available on Binance for trading as per CoinMarketCap.com* as of 31/12/2017

1 Ripple
XRP/BTC
$426,984,000 $1.97 11.21% Recently
2 Verge
XVG/BTC
$374,843,000 $0.189270 9.85% Recently
3 Ethereum
ETH/BTC
$254,452,000 $743.80 6.68% Recently
4 TRON
TRX/BTC
$231,290,000 $0.041306 6.07% Recently
5 Bitcoin
BTC/USDT
$185,306,000 $13,954.60 4.87% Recently
6 Po.et
POE/BTC
$167,525,000 $0.097606 4.40% Recently
7 Cardano
ADA/BTC
$152,459,000 $0.738408 4.00% Recently
8 Ripple
XRP/ETH
$94,513,700 $1.95 2.48% Recently
9 Bitcoin Cash
BCC/BTC
$91,002,600 $2,475.48 2.39% Recently
10 IOTA
IOTA/BTC
$78,886,200 $3.69 2.07% Recently
11 TRON
TRX/ETH
$73,622,100 $0.040954 1.93% Recently
12 FunFair
FUN/BTC
$73,516,800 $0.117551 1.93% Recently
13 Hshare
HSR/BTC
$62,686,700 $27.30 1.65% Recently
14 NEO
NEO/BTC
$59,511,100 $75.16 1.56% Recently
15 Litecoin
LTC/BTC
$58,297,600 $233.55 1.53% Recently
16 Verge
XVG/ETH
$55,748,500 $0.188623 1.46% Recently
17 Stellar
XLM/BTC
$53,422,500 $0.337800 1.40% Recently
18 Ethereum
ETH/USDT
$49,263,000 $732.06 1.29% Recently
19 aelf
ELF/BTC
$43,632,300 $0.999114 1.15% Recently
20 OmiseGO
OMG/BTC
$41,041,100 $20.09 1.08% Recently
21 Qtum
QTUM/BTC
$39,972,800 $53.92 1.05% Recently
22 Cardano
ADA/ETH
$37,591,700 $0.736098 0.99% Recently
23 ETHLend
LEND/BTC
$35,015,400 $0.176539 0.92% Recently
24 VeChain
VEN/BTC
$33,228,400 $2.25 0.87% Recently
25 Binance Coin
BNB/BTC
$31,244,800 $8.56 0.82% Recently
26 Quantstamp
QSP/BTC
$31,217,200 $0.315450 0.82% Recently
27 Storj
STORJ/BTC
$29,417,800 $2.42 0.77% Recently
28 Modum
MOD/BTC
$28,634,600 $6.34 0.75% Recently
29 ICON
ICX/BTC
$28,145,200 $5.41 0.74% Recently
30 Time New Bank
TNB/BTC
$27,967,000 $0.100152 0.73% Recently
31 Monaco
MCO/ETH
$27,109,900 $15.59 0.71% Recently
32 Po.et
POE/ETH
$26,172,800 $0.097867 0.69% Recently
33 EOS
EOS/BTC
$26,097,300 $7.85 0.69% Recently
34 Cindicator
CND/BTC
$25,110,800 $0.088835 0.66% Recently
35 Monaco
MCO/BTC
$21,866,800 $15.70 0.57% Recently
36 Request Network
REQ/BTC
$16,474,200 $0.494959 0.43% Recently
37 Dash
DASH/BTC
$15,668,800 $1,060.36 0.41% Recently
38 EOS
EOS/ETH
$15,041,500 $7.82 0.40% Recently
39 Monero
XMR/BTC
$13,462,100 $342.24 0.35% Recently
40 Bread
BRD/BTC
$13,399,800 $1.65 0.35% Recently
41 Stellar
XLM/ETH
$13,120,800 $0.336574 0.34% Recently
42 Lisk
LSK/BTC
$12,840,900 $22.00 0.34% Recently
43 IOTA
IOTA/ETH
$12,837,000 $3.67 0.34% Recently
44 CoinDash
CDT/BTC
$11,623,000 $0.190968 0.31% Recently
45 Binance Coin
BNB/USDT
$11,556,500 $8.42 0.30% Recently
46 FunFair
FUN/ETH
$11,434,000 $0.115854 0.30% Recently
47 Ethereum Classic
ETC/BTC
$11,338,800 $26.54 0.30% Recently
48 Enigma
ENG/BTC
$11,114,800 $2.69 0.29% Recently
49 Request Network
REQ/ETH
$11,069,400 $0.492019 0.29% Recently
50 OAX
OAX/BTC
$10,965,200 $1.36 0.29% Recently
51 NEO
NEO/ETH
$10,788,600 $75.39 0.28% Recently
52 BitShares
BTS/BTC
$10,676,800 $0.648158 0.28% Recently
53 SALT
SALT/BTC
$10,640,800 $13.31 0.28% Recently
54 Decentraland
MANA/BTC
$10,319,900 $0.104820 0.27% Recently
55 NEO
NEO/USDT
$10,279,700 $73.54 0.27% Recently
56 Bitcoin Cash
BCC/USDT
$10,123,000 $2,425.96 0.27% Recently
57 Status
SNT/BTC
$9,933,760 $0.202426 0.26% Recently
58 Cindicator
CND/BNB
$9,544,650 $0.088275 0.25% Recently
59 AdEx
ADX/BTC
$9,424,980 $2.70 0.25% Recently
60 Litecoin
LTC/ETH
$9,343,990 $233.20 0.25% Recently
61 Quantstamp
QSP/ETH
$9,081,770 $0.314458 0.24% Recently
62 Walton
WTC/BTC
$8,844,460 $10.39 0.23% Recently
63 Ethos
BQX/BTC
$8,714,980 $2.99 0.23% Recently
64 Triggers
TRIG/BTC
$8,193,520 $7.88 0.22% Recently
65 Simple Token
OST/BTC
$8,095,800 $0.422533 0.21% Recently
66 Etherparty
FUEL/BTC
$8,035,220 $0.160271 0.21% Recently
67 Litecoin
LTC/USDT
$7,949,650 $231.05 0.21% Recently
68 ICON
ICX/ETH
$7,764,200 $5.40 0.20% Recently
69 Viberate
VIB/BTC
$7,746,080 $0.414753 0.20% Recently
70 0x
ZRX/BTC
$7,615,560 $0.799234 0.20% Recently
71 ETHLend
LEND/ETH
$7,605,010 $0.175926 0.20% Recently
72 OmiseGO
OMG/ETH
$7,558,230 $20.02 0.20% Recently
73 ChainLink
LINK/BTC
$7,539,530 $0.570215 0.20% Recently
74 Stratis
STRAT/BTC
$7,440,860 $13.91 0.20% Recently
75 Enjin Coin
ENJ/BTC
$7,230,820 $0.180500 0.19% Recently
76 Hshare
HSR/ETH
$6,758,690 $27.01 0.18% Recently
77 Tierion
TNT/BTC
$6,587,290 $0.210913 0.17% Recently
78 Bitcoin Gold
BTG/BTC
$6,383,900 $243.32 0.17% Recently
79 district0x
DNT/BTC
$6,367,950 $0.148813 0.17% Recently
80 Ark
ARK/BTC
$6,358,690 $7.12 0.17% Recently
81 Wings
WINGS/BTC
$6,274,930 $1.33 0.16% Recently
82 VeChain
VEN/ETH
$6,158,440 $2.25 0.16% Recently
83 Substratum
SUB/BTC
$6,128,910 $1.14 0.16% Recently
84 Power Ledger
POWR/BTC
$6,124,190 $0.952150 0.16% Recently
85 Modum
MOD/ETH
$5,689,380 $6.35 0.15% Recently
86 Binance Coin
BNB/ETH
$5,622,350 $8.56 0.15% Recently
87 Aion
AION/BTC
$5,584,720 $5.20 0.15% Recently
88 Centra
CTR/BTC
$5,497,090 $2.22 0.14% Recently
89 AirSwap
AST/BTC
$5,402,090 $0.522685 0.14% Recently
90 Bread
BRD/ETH
$5,340,430 $1.64 0.14% Recently
91 ZCoin
XZC/BTC
$5,303,470 $116.01 0.14% Recently
92 Monetha
MTH/BTC
$5,248,760 $0.305265 0.14% Recently
93 Loopring
LRC/BTC
$4,919,050 $0.462990 0.13% Recently
94 aelf
ELF/ETH
$4,845,780 $0.991460 0.13% Recently
95 Cindicator
CND/ETH
$4,615,040 $0.088048 0.12% Recently
96 Gifto
GTO/BTC
$4,594,740 $0.299041 0.12% Recently
97 Komodo
KMD/BTC
$4,570,230 $9.60 0.12% Recently
98 CyberMiles
CMT/BTC
$4,456,460 $0.236234 0.12% Recently
99 Basic Attention Token
BAT/BTC
$4,313,380 $0.392403 0.11% Recently
100 WaBi
WABI/BTC
$4,120,060 $1.89 0.11% Recently
101 Lunyr
LUN/BTC
$3,843,190 $24.76 0.10% Recently
102 Qtum
QTUM/ETH
$3,820,470 $53.73 0.10% Recently
103 SingularDTV
SNGLS/BTC
$3,772,100 $0.241468 0.10% Recently
104 Kyber Network
KNC/BTC
$3,753,490 $2.52 0.10% Recently
105 Status
SNT/ETH
$3,712,890 $0.200143 0.10% Recently
106 Raiden Network Token
RDN/BTC
$3,581,660 $4.54 0.09% Recently
107 Moeda Loyalty Points
MDA/BTC
$3,511,600 $2.23 0.09% Recently
108 Bitcoin Cash
BCC/ETH
$3,457,100 $2,451.88 0.09% Recently
109 CoinDash
CDT/ETH
$3,448,130 $0.188645 0.09% Recently
110 Time New Bank
TNB/ETH
$3,376,780 $0.099665 0.09% Recently
111 Metal
MTL/BTC
$3,350,550 $7.47 0.09% Recently
112 Ripio Credit Network
RCN/BTC
$3,341,450 $0.381369 0.09% Recently
113 Gas
GAS/BTC
$3,315,670 $29.68 0.09% Recently
114 Storj
STORJ/ETH
$3,185,960 $2.41 0.08% Recently
115 OAX
OAX/ETH
$3,165,100 $1.34 0.08% Recently
116 Etherparty
FUEL/ETH
$3,118,820 $0.159153 0.08% Recently
117 Simple Token
OST/ETH
$3,117,620 $0.417386 0.08% Recently
118 0x
ZRX/ETH
$3,103,010 $0.797857 0.08% Recently
119 NEO
NEO/BNB
$3,067,130 $74.50 0.08% Recently
120 Decentraland
MANA/ETH
$2,991,980 $0.104703 0.08% Recently
121 Zcash
ZEC/BTC
$2,949,330 $486.36 0.08% Recently
122 YOYOW
YOYO/BTC
$2,939,420 $0.291261 0.08% Recently
123 BitShares
BTS/ETH
$2,881,660 $0.644824 0.08% Recently
124 Waves
WAVES/BTC
$2,795,500 $12.55 0.07% Recently
125 ChainLink
LINK/ETH
$2,782,640 $0.563087 0.07% Recently
126 SONM
SNM/BTC
$2,642,160 $0.376135 0.07% Recently
127 SALT
SALT/ETH
$2,627,090 $13.32 0.07% Recently
128 Aion
AION/ETH
$2,575,930 $5.15 0.07% Recently
129 Loopring
LRC/ETH
$2,565,620 $0.459967 0.07% Recently
130 NAV Coin
NAV/BTC
$2,530,440 $3.23 0.07% Recently
131 Nuls
NULS/BTC
$2,519,310 $2.30 0.07% Recently
132 Wings
WINGS/ETH
$2,393,100 $1.32 0.06% Recently
133 DigixDAO
DGD/BTC
$2,085,430 $163.20 0.05% Recently
134 Substratum
SUB/ETH
$1,919,910 $1.13 0.05% Recently
135 Enjin Coin
ENJ/ETH
$1,901,400 $0.174498 0.05% Recently
136 Iconomi
ICN/BTC
$1,857,660 $2.79 0.05% Recently
137 Ambrosus
AMB/BTC
$1,850,870 $0.572903 0.05% Recently
138 Monero
XMR/ETH
$1,809,460 $340.27 0.05% Recently
139 VeChain
VEN/BNB
$1,787,680 $2.23 0.05% Recently
140 Raiden Network Token
RDN/ETH
$1,781,900 $4.53 0.05% Recently
141 Everex
EVX/BTC
$1,775,310 $1.91 0.05% Recently
142 Quantstamp
QSP/BNB
$1,774,540 $0.315829 0.05% Recently
143 AdEx
ADX/ETH
$1,774,080 $2.69 0.05% Recently
144 Tierion
TNT/ETH
$1,746,450 $0.210043 0.05% Recently
145 Gifto
GTO/ETH
$1,667,320 $0.295960 0.04% Recently
146 Enigma
ENG/ETH
$1,663,200 $2.67 0.04% Recently
147 Dash
DASH/ETH
$1,646,220 $1,058.08 0.04% Recently
148 Genesis Vision
GVT/BTC
$1,615,050 $8.42 0.04% Recently
149 Bancor
BNT/BTC
$1,614,130 $5.24 0.04% Recently
150 BlockMason Credit Protocol
BCPT/BTC
$1,601,590 $0.399617 0.04% Recently
151 SingularDTV
SNGLS/ETH
$1,548,910 $0.241289 0.04% Recently
152 GXShares
GXS/BTC
$1,508,950 $5.40 0.04% Recently
153 Ethereum Classic
ETC/ETH
$1,500,790 $26.33 0.04% Recently
154 Power Ledger
POWR/ETH
$1,442,330 $0.951091 0.04% Recently
155 Aeron
ARN/BTC
$1,438,200 $0.856807 0.04% Recently
156 WaBi
WABI/ETH
$1,391,440 $1.90 0.04% Recently
157 Centra
CTR/ETH
$1,375,290 $2.21 0.04% Recently
158 CyberMiles
CMT/ETH
$1,332,270 $0.234919 0.03% Recently
159 Kyber Network
KNC/ETH
$1,317,280 $2.51 0.03% Recently
160 AirSwap
AST/ETH
$1,303,200 $0.522000 0.03% Recently
161 Neblio
NEBL/BTC
$1,294,860 $8.14 0.03% Recently
162 Moeda Loyalty Points
MDA/ETH
$1,244,840 $2.22 0.03% Recently
163 Litecoin
LTC/BNB
$1,146,730 $233.69 0.03% Recently
164 district0x
DNT/ETH
$1,120,910 $0.148602 0.03% Recently
165 Populous
PPT/BTC
$1,093,700 $42.09 0.03% Recently
166 Ambrosus
AMB/ETH
$1,043,380 $0.572084 0.03% Recently
167 Bitcoin Diamond
BCD/BTC
$1,022,900 $45.34 0.03% Recently
168 Monetha
MTH/ETH
$1,017,330 $0.310758 0.03% Recently
169 Iconomi
ICN/ETH
$997,484 $2.74 0.03% Recently
170 Agrello
DLT/BTC
$980,984 $0.469780 0.03% Recently
171 Eidoo
EDO/BTC
$973,452 $4.01 0.03% Recently
172 Walton
WTC/ETH
$970,281 $10.28 0.03% Recently
173 Lisk
LSK/ETH
$877,355 $21.85 0.02% Recently
174 IOTA
IOTA/BNB
$842,914 $3.68 0.02% Recently
175 Triggers
TRIG/ETH
$823,339 $7.73 0.02% Recently
176 Viberate
VIB/ETH
$802,288 $0.412147 0.02% Recently
177 Stellar
XLM/BNB
$796,540 $0.336554 0.02% Recently
178 Ethos
BQX/ETH
$768,956 $2.98 0.02% Recently
179 Bitcoin Cash
BCC/BNB
$743,103 $2,466.50 0.02% Recently
180 GXShares
GXS/ETH
$720,643 $5.37 0.02% Recently
181 Ripio Credit Network
RCN/ETH
$718,150 $0.383062 0.02% Recently
182 Basic Attention Token
BAT/ETH
$714,628 $0.390120 0.02% Recently
183 Ark
ARK/ETH
$683,831 $7.11 0.02% Recently
184 Stratis
STRAT/ETH
$671,456 $13.92 0.02% Recently
185 SONM
SNM/ETH
$640,109 $0.376136 0.02% Recently
186 Lunyr
LUN/ETH
$616,325 $24.64 0.02% Recently
187 Populous
PPT/ETH
$610,622 $41.62 0.02% Recently
188 YOYOW
YOYO/ETH
$589,478 $0.289797 0.02% Recently
189 Komodo
KMD/ETH
$564,532 $9.58 0.01% Recently
190 Zcash
ZEC/ETH
$562,574 $487.21 0.01% Recently
191 YOYOW
YOYO/BNB
$550,971 $0.290156 0.01% Recently
192 Nuls
NULS/ETH
$521,579 $2.29 0.01% Recently
193 NAV Coin
NAV/ETH
$499,309 $3.20 0.01% Recently
194 Everex
EVX/ETH
$462,631 $1.89 0.01% Recently
195 Waves
WAVES/ETH
$407,396 $12.50 0.01% Recently
196 BlockMason Credit Protocol
BCPT/ETH
$400,998 $0.398045 0.01% Recently
197 ZCoin
XZC/ETH
$398,233 $116.01 0.01% Recently
198 Bancor
BNT/ETH
$358,696 $5.22 0.01% Recently
199 Aeron
ARN/ETH
$339,771 $0.831405 0.01% Recently
200 Neblio
NEBL/ETH
$296,967 $8.08 0.01% Recently
201 Bitcoin Gold
BTG/ETH
$296,755 $242.00 0.01% Recently
202 Monaco
MCO/BNB
$287,802 $15.57 0.01% Recently
203 Genesis Vision
GVT/ETH
$273,744 $8.34 0.01% Recently
204 ICON
ICX/BNB
$261,953 $5.49 0.01% Recently
205 Bitcoin Diamond
BCD/ETH
$261,938 $45.06 0.01% Recently
206 Eidoo
EDO/ETH
$255,609 $4.06 0.01% Recently
207 BitShares
BTS/BNB
$249,197 $0.643513 0.01% Recently
208 CyberMiles
CMT/BNB
$244,161 $0.236083 0.01% Recently
209 Agrello
DLT/ETH
$239,842 $0.467040 0.01% Recently
210 Metal
MTL/ETH
$237,618 $7.47 0.01% Recently
211 Power Ledger
POWR/BNB
$222,983 $0.946633 0.01% Recently
212 Raiden Network Token
RDN/BNB
$171,490 $4.50 0.00% Recently
213 Simple Token
OST/BNB
$166,404 $0.407686 0.00% Recently
214 Triggers
TRIG/BNB
$157,406 $7.70 0.00% Recently
215 Lisk
LSK/BNB
$134,674 $21.89 0.00% Recently
216 Aion
AION/BNB
$124,347 $5.12 0.00% Recently
217 Ripio Credit Network
RCN/BNB
$113,117 $0.380052 0.00% Recently
218 Nuls
NULS/BNB
$112,441 $2.29 0.00% Recently
219 Gifto
GTO/BNB
$102,040 $0.289645 0.00% Recently
220 Bread
BRD/BNB
$91,007 $1.61 0.00% Recently
221 Agrello
DLT/BNB
$89,485 $0.464830 0.00% Recently
222 DigixDAO
DGD/ETH
$75,616 $162.73 0.00% Recently
223 Basic Attention Token
BAT/BNB
$66,341 $0.389690 0.00% Recently
224 AdEx
ADX/BNB
$64,962 $2.66 0.00% Recently
225 Walton
WTC/BNB
$59,005 $10.29 0.00% Recently
226 Ambrosus
AMB/BNB
$54,890 $0.577328 0.00% Recently
227 BlockMason Credit Protocol
BCPT/BNB
$53,000 $0.395234 0.00% Recently
228 Waves
WAVES/BNB
$51,721 $12.36 0.00% Recently
229 WaBi
WABI/BNB
$51,097 $1.93 0.00% Recently
230 NAV Coin
NAV/BNB
$50,793 $3.19 0.00% Recently
231 ZCoin
XZC/BNB
$41,977 $116.81 0.00% Recently
232 Neblio
NEBL/BNB
$38,330 $8.30 0.00% Recently

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