How to Start with Cryptocurrency Coins

Let’s introduce you to the Digital currency revolution which is future of entire world also known as cryptocurrency.

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So let’s start now and get right to the point..

The Digital currency is the future of entire world and for the upcoming generations and most of the countries are already using Digital currencies.

The Bitcoin is the first digital currency and you know that Bitcoin costs very large amount of dollars and the cost is increasing day by day.

So I am not telling you to buy the bitcoin. Ofcourse you will not buy it if you don’t have enough money.

But you can easily earn a bitcoin by mining it for free or by just investing $100 to $300.Yes this is really true.

Let’s take Example :- You only have $100 to $300 to invest or any higher amount (Most Recommended)

Now if you are new to Cryptocurrency then I will suggest you to first have a look at CoinMarketCap so that you can decide on which top coins you should trust to invest your precious money.

Now some of the answers or posts on internet may have suggest you to go for mining those coins. But I will not recommend you to go for mining because then you need to buy that mining hardware which costs very expensive so better is to just instead of buying that mining hardware you invest that money into your favorite top coins.

So let’s say you decided that you want to invest your money into Xrp which is 2nd topmost coin in the coinmarket cap list and I personally also like xrp. So you need to do some research on xrp that Is this coin worth investing or Does this xrp coin have any real world utility so that it can benefit for the people around the world and What are the pros and cons of this xrp coin. So keeping this factors in mind you should make your investment.

I personally have invested 75 percent of my money into xrp because of its great technology. So decide any Cryptocurrency coin that you wish to buy and then wisely invest.

And if you want to know why i have invested in xrp and you also want to make your investment into xrp then you can read here Top Reasons to invest in XRP

So next step is to buy the Cryptocurrency coin for which I will recommend you to buy from localbitcoins here which works globally almost supports all the countries of world or you can also buy from coinbase in case your country support it . So just try both of them and see which works best for you to buy your cryptocurrency coins.

If you don’t able to figure out on how to buy coins on localbitcoins then just search on youtube “buy on localbitcoins” and similarly “buy on coinbase” then definitely you can see some videos which will be helpful to you.

And in case if both localbitcoins and coinbase does not work for you then you can go for buying from remitano here and changelly here.

And similarly you can search on youtube “buy on remitano” and similarly “buy on changelly” which will help you a lot in order to buy those coins after watching those videos.

But first you need to understand the addresses related with Cryptocurrency coins.

There are two types of address associated with bitcoin or any other cryptocurrency coin available in market which helps to send and recieve:

1.Deposit Address

2.Withdraw Address

So let’s say you want to buy bitcoin or xrp or any cryptocurrency coin.

And after buying bitcoins from localbitcoins here then you can buy or trade some other coins which are available on binance here according to your wish.

And if you don’t want to trade or buy some other coins and only want to keep bitcoins then you can just have them hold on localbitcoins and you have to do nothing.

So here’s the below procedure on how to proceed further:-

First scenario you need to buy the bitcoins from localbitcoins here because its the secure platform to buy any cryptocurrency like bitcoin,ethereum,xrp. Then you need to have an bitcoin(btc) wallet which you can open at binance here free and there you can transfer your bitcoins from localbitcoins to binance using your wallet address. So on localbitcoins just put your binance bitcoin depositing wallet address in the withdraw address field and then just finish. Now your bitcoins are transferred from localbitcoins to binance.

Second scenario you want to recieve bitcoins from another person .So just in that case open your bitcoin (btc) wallet on binance here free and tell that person your depositing bitcoin (btc) wallet address. So that person will now transfer the bitcoins to your binance’s depositing bitcoin wallet address.

Now talking about trading on binance This will give you results fast like running tiger so binance is the digital currency exchange platform and offers low cost exchange. This will be the most powerful thing you have ever seen.So whenever the price is low you can easily buy any cryptocurrency coin in which you are interested and you can sell them at higher price as per the market price on binance and can gain some huge nice profits. You can also search and watch “ Binance trading” tutorial videos on youtube on how to do trading in binance so that you can easily learn trading which is not so much difficult to understand.