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Beginners Guide To Bitcoin And Cryptocurrency Trading-Part 4

Invest In Bitcoin And Other Types Of Crypto Currency And Crypto Coins By Joining The BitClub Network

· Bitcoin,BitClub Network,Crypto Currency,Crypto Coins,Cryptocurrency

If you want to purchase Bitcoin as an investment and you want to join the BitClub Network Company, so that BitClub can mine Bitcoin and other Crypto Currency on your behalf to grow a stable and increasing investment for you, please Join BitClub Here For Free. Once you join, you will be set up with a free lead account and receive follow up emails detailing how you can create a Bitcoin investment account with The BitClub Network. For any answers to questions Contact Clyde Thorburn Here.

Author : Hugh Kimura 16 January 2018
 

Worldwide Financial Transactions. Bitcoin at https://bitcoin.org/en/. Litecoin at https://litecoin.org/. Tether at https://tether.to/. Ripple at https://ripple.com/. Stellar Lumens at https://www.stellar.org/. Application Platforms. Ethereum at https://www.ethereum.org/. Storj at https://storj.io/. Siacoin at http://sia.tech/. MaidSafe at https://maidsafe.net/. Private Financial Transactions. Monero at https://getmonero.org/home. Dash at https://www.dash.org/. Zcash at https://z.cash/. Specialty Currencies. GameCredits at https://gamecredits.com/. ReddCoin at https://www.reddcoin.com/. Take a look at these different use cases and figure out which ones make the most sense to you. Then understand how each software implementation works and think about what will probably do well in the future. To see our extensive list of cryptocurrency sectors, read this post at https://www.tradingheroes.com/cryptocurrency-sectors-cheatsheet/. How do You Buy Cryptocurrencies? First have to go to an exchange or service that will allow you to purchase cryptocurrencies. Some of the bigger exchanges are: Coinbase at https://www.tradingheroes.com/coinbase. Poloniex at https://poloniex.com/. CEX at https://www.tradingheroes.com/cexio. Bittrex at https://bittrex.com/. Bitfinex at https://www.bitfinex.com/.
 

Binance at https://www.tradingheroes.com/binance. LocalBitcoins at https://localbitcoins.com/. Many of them will allow you to use a credit card or link a bank account. As much as possible, do not store your cryptocurrency at the exchanges because they can be hacked. See the cold storage section in this post for details on how to store you coins safely. It's easy to get Bitcoin, Ether and Litecoin. But if you want the smaller altcoins, you will have to do an exchange. How to Buy Altcoins. First buy Bitcoin or Ethereum because those are the coins that are most easily transacted against the smaller altcoins. When in doubt, buy Bitcoin. If you want $10 of Bitcoin for free, use this link at https://www.tradingheroes.com/coinbase (while supplies last). Then find out where the altcoin that you want is traded. Go to Coinmarketcap at https://coinmarketcap.com/ and click on the coin you want to buy. Next, click on the Markets tab for that coin. For example, here's where you can get NEM. The Source column will show you the exchanges where this coin is being traded. Notice how most of them are traded against Bitcoin or Ether. Open an account at the most reputable exchange on the list. Once you are in your account, find the “deposit” wallet address for the altcoin you want to buy. Here's an example from Poloniex. Copy this wallet address.
 

Next, login to the account where you bought your Bitcoin or Ether. If you bought it from Coinbase at https://www.tradingheroes.com/coinbase, then you can go to: Accounts then Send and paste the deposit address into that field. Enter the amount you want to send, then click the send button. It may take some time for the transaction to go through, so be patient. Then you see the balance in your destination exchange account, you are now ready to buy altcoins. Here's what it would look like when you have a Litecoin balance at Poloniex. This can be found in Balances > Deposits and Withdrawals in Poloniex. Now go to the Exchange area of the website. In Poloniex, it would look like this. Then click on the BTC tab. These are the currencies that you can exchange for Bitcoin. Click on the altcoin that you want to trade. Here's and example from Civic (CVC). Next, scroll down and look for the buy/sell box. Enter the amount of altcoin that you want to buy. If you want to trade all of your Bitcoin, click on the link at the top with your total balance. Click the Buy button and you are all set. The trade might not happen right away, so check your Orders then My Open Orders page to see the status. The exact process will be different at different exchanges, but the basic idea is the same for all exchange.
 

Read more about Bitcoin and The BitClub Network.

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