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Getting Started With CryptoCurrencies:
DISCLAIMER: Nothing on this site shall be constituted as investment advice. Cryptocurrency is a highly, note, HIGHLY speculative market. The returns are great but so are the risks! As with investing; I never invest with money I can not afford to lose.
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What is a 'Cryptocurrency'
Cryptocurrency is a digital or virtual currency (aka electronic cash) that uses cryptography or 'blockchain technology' for security and authentication. |
Popular 'Cryptocurrencies'
There are currently over 1000 cryptocurrenices traded on exchanges around the world but the most notable ones are: Bitcoin, Ethereum, Litecoin and Ripple. |
Technology behind Bitcoin (and other Cryptocurrencies) and how it Works?
Image: Financial Times
How can I buy cryptocurrencies?
STEP 1: Open a Coinbase account. Click here
(As of current you're only allowed to purchase Bitcoin, Bitcoin Cash, Ethereum and Litecoin on Coinbase.
(Use the link provided above and receive $10 worth of Bitcoin. Must purchase $100 or more of coins).
STEP 2: Open an account with an exchange that allows trading of crypto-currencies. I use Binance and thus far; there are no problems. (click here to sign-up with Binance)*
STEP 3: Purchase your coin of choice.
STEP 4: Subscribe to our Newsletter below to receive monthly updates on everything Crypto!
*I receive a small commission from Binance if you sign-up using my referral link.