You are new to crypto? Here's our four step guide to getting in the game.
While investing in cryptocurrency has analogs to investing in other asset classes, there are many facets that are unique and require some knowledge. Also, there are tons of scams, con artists, thieves and bad actors, so if you don't want to get played, you need some knowledge of what you are doing. Here are three resources to get you started.
If you prefer reading, this article What is Cryptocurrency: Everything You Need To Know [Ultimate Guide] is a great getting started guide.
If you prefer video, check this video out:
If you prefer listening, check out this great starter podcast.
Okay, now that you "get it," you need to exchange some of your hard earned dollars for some coins. Here are some services that we recommend which will allow you to convert your "fiat" currency into cryptocurrency.
Coinbase is one of the oldest and most reliable players in the space. They make getting into cryptocurrency simple and easy. You can buy Bitcoin, Ether and Litecoin using a credit card or directly connecting a bank account. Click the logo below to create an account.
CEX.io is an exchange for trading Bitcoin and Ether. It also allows purchase with either a credit card or linking a bank account. It is more sophisicated than Coinbase, allowing for margin trading and other more advanced trading options. Click the logo below to create an account.
If you've been paying attention thus far, you will have realized that YOU CAN BE YOUR OWN BANK with cryptocurrency. But to take that plunge, you need to be responsible for your own private key(s) and not rely on an exchange to hold them. The safest, most secure way to do so is by using a hardware wallet. Here are some recommended vendors:
For the most security, use a hardware wallet like the Ledger Nano S. This device protects your secrets and private keys. This device is simple to use and gives you the peace of mind for securing your cryptocurrency assets.
TREZOR is a single purpose device which allows you to make secure cryptocurrency transactions. With TREZOR, transactions are completely safe even when initiated on a compromised or vulnerable computer.
Now that you are in the game, use our tools to stay in the game!
Use our portfolio tools to visualize your portfolio and understand how it is doing.
Emoon is our sister site, a decentralized exchange for ERC20 tokens. Its like eBay for cryptocurrency.
Use our comprehensive guide to do market research.