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Resources for crypto Newbies: Where to buy coins and cold storage wallets
🕑 Added 2021-04-07 17:27:44 +0000 UTCWed, 4.7.2021
There've been many crypto newbies joining this group. So I'd like to provide the following resources to help them navigate this space a little easier. Take your time to buy your crypto. Watch youtube tutorial videos to figure out how to use an exchange or transfer your coins to your wallet. There are Youtube tutorial videos on almost all subject in crypto.
The best way to learn how to navigate the cryptocurrency industry is by watching tutorial videos. There're many videos that provide step-by-step instructions on how to open an account with an exchange, how to buy coins and then transfer to your cold wallet or mobile app. Anything that you need to learn in this space, chances are there are someone has already done a video on it.
There isn't any exchange or app that carries ALL of the coins. To figure out which exchange sells which coin, go to Coingecko --> in the search box put your coin name, then go to the middle of the page and click Markets.
Use Coingecko or coin market cap to figure out where to buy your coins
How to use CoinGecko
https://www.youtube.com/watch?v=MTnGCzf0lkw&t=3s
Crypto Dad has many crypto videos. He's an excellent resource - he has helped many of us with technical stuff
https://www.youtube.com/watch?v=u-8aiNR6o1E
Popular U.S. exchanges we get our coins from. There are youtube videos where they walk you through how to use any exchange for the first time
Kucoin has many under a penny coins
- Binance.com international - https://www.binance.com/en
- Binance US - https://www.binance.us/en/home
- Bittrex - https://bittrex.com/Account/Login
- Bittrue - https://www.bitrue.com/user/login
- Kracken https://www.kraken.com/en-us/
- Bilaxy - https://bilaxy.com/
On Ramp - Exchange /app that you can deposit fiat into an exchange or app to buy BTC/ETH so you can buy your alt coins
- Gemini https://www.gemini.com/
Wire your money into Gemini before 5PM. Your money will be available in your Gemini account to be used in the same day
- Coinbase https://www.coinbase.com/
- Cash app - people buy BTC on Cash app and then transfer it to exchange to buy coins
Cold Wallets - most secure method to store your coins is by putting them into either a Trezor or the Ledger wallet
- Trezor wallet - https://trezor.io/
Get the latest model T
- Ledger wallet - https://www.ledger.com/
Get both Ledger Nano S and X
Yubikey - MORE secure than the 2FA app - hackers cannot get into your gmail, bank account, or exchanges because they need this device for the code. Get two Yubikey - one for back-up
Crypto app - these app are pretty good and safe to keep a small amount of coins in there
- Trust wallet app
- Atomic wallet app
How to use Uniswap Exchange
https://www.youtube.com/watch?v=37zF0vblxpE
Comments
many sleepless nites watching "how to" youtube video's. Crypto Dad is very good.
I would also download protonmail and sign up to their free email account. Their email is encrypted and I would use it for everything crypto related when an email is required. I would also run a couple VPNs. I use ExpressVPN for everything US related and I use NordVPN for everything international especially when using KuCoin or Mandala exchange.
Meta mask is ok. Don’t leave a lot of crypto on there just like any other wallet. Meta mask can be hacked; I have heard from two different members within the last 10 months. One member still couldn’t figure out how they were able to drain his Acct. The 2nd member clicked on a phishing link from a scammer who pretended to be an admin of Theta Telegram group.
Sleepless night lol . Same ...
How do you like meta mask? At the time that was the only place I knew to have my kick in
Great Informative post. Wish I had this when I first started. Would have saved me some sleepless nights trying to figure this stuff out. Great job.
Thank you for this post! It’s super helpful even for me after being in cryptos for 18 months 😁
LOL
Bang bang ! 😎
