Complete Guide to Get Started in Cryptocurrency - 6 Easy Steps

Having a tough time getting into cryptocurrency? This is the video for you! I have a step by step guide, and a list of reliable exchanges / wallets to get you making some money and keep you safe!
These steps will get you owning crypto in no time! No matter what stage you are at, or what crypto you are interested in, Bitcoin, Ethereum, or Altcoins.

Here are the links - if you sign up with any of these you will receive various bonus offers!

Binance (Anywhere) - https://www.binance.com/en/register?ref=BCVEWU91
Coinbase - No Bonus (Anywhere) - https://www.coinbase.com
Shakepay (Canadian’s Only) - https://shakepay.me/r/AS2JSOT

Find your wallet - https://bitcoin.org/en/choose-your-wallet

1. Figure out how much Crypto to buy
The quick answer is: only buy as much as you’re willing to lose. When you trade Bitcoin there’s a chance you could make—or lose—a lot of money. Many people have lost a fortune to Bitcoin, and some have become overnight millionaires.

2. Decide where to buy Crypto
Here’s how to get your hands on it:
Online Exchanges
A cryptocurrency exchange is a digital marketplace where cryptocurrencies are bought and sold for other cryptocurrencies. This is where 99% of cryptocurrency trades take place. Popular, regulated exchanges include Binance, and Coinbase, could be safer than unregulated or unknown exchanges.
Some other options to get Crypto include:
Bitcoin ATMs
exchange rates.
Peer-to-Peer Trading
Over the Counter (OTC)
In Person

3. Choose a Crypto Exchange
Buying cryptocurrencies from exchanges is perhaps the simplest, safest, and most convenient way to buy . There are many exchanges out there, and they all come with distinct advantages and disadvantages. Educating yourself about the features of each will make your first Crypto experience much smoother.

Binance
Binance is one of the largest cryptocurrency exchanges. It serves most of the world’s countries. Binance lists over 500 coins, including Bitcoin, and trades almost a billion dollars per day.
Binance charges some of the lowest trading fees in the industry; just 0.1 percent for market makers and takers.
Binance also asks users to pay a flat fee for withdrawals, paid in the form of the currency you’re taking off the exchange.

Coinbase
Coinbase is one of Binance’s main competitors, and both battle for pole position in the cryptocurrency exchange industry. It has over 30 million users.
Coinbase is incredibly easy to use; buying Bitcoin directly from Coinbase is as simple as buying something off of Amazon.
Though buying directly from Coinbase is convenient, the drawback is that this method is relatively expensive: Coinbase charges the greater of either a variable fee of around 0.5 percent, or a flat fee. The variable fees depends on where you are. On the plus side, unlike Binance, there are no withdrawal fees, and, like Binance, there are no deposit fees—as long as you’re depositing or withdrawing digital assets, not US dollars. It costs $25 to withdraw from crypto to USD, and $10 to deposit it.
Coinbase also serves as a wallet to store digital currencies like Bitcoin.

Shakepay (Canada Only)
Shakepay is possibly the best Canadian mobile crypto exchange and peer-to-peer wallet that is only available in Canada. Shakepay also provides a wallet to store your Bitcoin. Truly very easy. Only offers BTC and ETH.

4. Select a Crypto Wallet
When possible, cryptocurrencies should be stored in wallets, essentially bank accounts for cryptocurrencies. Importantly, if you store your Crypto on cryptocurrency exchanges, the exchanges technically have control over the crypto. But if you withdraw to a wallet, you have complete control over your digital assets. This is very important: if you keep your funds in exchanges, there’s a chance that the exchange might go bust, or the owners run away with customer funds.

5. Decide how to pay for Crypto
There are endless currencies and payment methods you can use to buy crypto, from PayPal to Spotify subscription gift cards. Most common payment methods include wire or bank transfer, other cryptocurrencies, and credit or debit cards.

6. Purchase Your Crypto
Remember to exercise caution: always remember to invest only in the amount of Crypto that you feel comfortable with losing money on, and start slowly. Accept that you’re unlikely to become an overnight success, and set time aside to learn the market before making any large investment decisions.


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