
Please take some time to learn the basics before you start buying up crypto assets.
Before you start trading cryptocurrencies, make sure you visit the coin market cap website to do your research.
Posted on 1/23/2018 by Decentralized TV - learn how to use coinmarketcap.com website for bitcoin beginners
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Another alternative to the coin market cap website, try this world coin index website (you may like it more visually over coin market cap website).
Some "wallets" store only bitcoin or ethereum while other wallets store multiple cryptocurrencies. Wallets provide safe storage for your cryptos off the exchanges. The wallets at the exchanges are less secure than wallet-only services.
Here are a few industry trusted wallets: Jaxx, Blockchain, MyEtherWallet, and Bitcoin.com. You can learn more about "cold wallets" (i.e., "hardware wallets") in the article below about practicing safe crypto.
Read the blog post below from 5 Min. Forecast and learn the steps to take to protect your crypto holdings.
A few of our favorite cryptocurrency exchanges
Coinbase/GDAX
Coinbase is the biggest of all the exchanges for buying bitcoin, ethereum, litecoin, and bitcoin cash using USD. Create an account on Coinbase and then use their GDAX trading platform to buy and sell these 4 cryptos for a low fee with a limit order. Use my referral link below and we both get $10 in bitcoin when you purchase $100 or more in cryptocurrency.
Coinbase Referral Link
Binance
To get a discount on your first year's trading fee, you need to buy Binance coin so it's available in your trading account to receive a 50% discount off your trading fee. Binance has a lot more currencies to trade (but you need BTC or ETH to trade). Binance is currently is only open to limited new user registration per day; you need to keep checking the registration link each day to see if they are accepting new users. I've had luck clicking on the new user registration link in evening after 6pm PST.
Binance Referral ID 13213077
This is a new exchange that works similar to Binance where you get a discount on your trading fee by buying their coin. Use my referral link to register. I just signed up for this new exchange as they have a few new coins that are only available through this exchange. Many people like this exchange (and so do I):-).
KuCoin invitation code 1Nc18
Cryptopia
You will need BTC or LTC to trade other cryptocurrencies on Cryptopa.
Cryptopia Referral ID satoshi_pwrahe
HitBTC
You need BTC or LTC to trade other cryptocurrencies on HitBTC.
HitBTC Referral ID 5a39eee475e9a
Here are few other exchanges you may want to consider: Gemini, Bittrex, Kraken, Liqui, and EtherDelta. For buying cryptocurrencies with U.S. dollars, I use GDAX (Coinbase's exchange) and Gemini.
I personally do not recommend using Kraken to wire any U.S. dollars as they take a long time to credit their customer accounts (more than 2 weeks) - just google this and you'll find many customer complaints.
Bittrex is currently closed for new user registrations. They will open up new user registration as soon as their infrastructure support can handle the additional volume.
I've recently registered on these two new exchanges too: Huobi and Qryptos.
If you are serious about getting into cryptocurrencies, I suggest you create new accounts on these exchanges before they close down new user registrations. It's free to create an account, and you can fund it later; there is no fee for having an account open with no fund in it. When you are ready to trade, you will have the account ready to go.
Here are some YouTube videos with tutorial on how to use the different crypto exchanges.
COINBASE WALKTHROUGH - Bitcoin for Beginners
Posted by 1/23/2018 by Decentralized TV - coinbase walkthrough for bitcoin beginners
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MAKING YOUR FIRST TRADES WITH GDAX Exchange - Bitcoin for Beginners!
Posted on 1/23/2018 by Decentralized TV - GDAX walkthrough to make your first trades for bitcoin beginners
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BITTREX EXCHANGE WALKTHROUGH - Buy Your First Alt Coins! - Bitcoin for Beginners
Posted on 1/23/2018 by Decentralized TV - tutorial on how to use Bittrex exchange for bitcoin beginners
Decentralized TV video
Kucoin Exchange Tutorial : How to REGISTER and USE the Kucoin Exchange
Posted on 1/2/2018 by the Cryptoniac - tutorial on how to register and use KuCoin exchange.
The Cryptoniac video
Binance Tutorial - How to Use Binance to Buy Altcoins
Posted on 12/21/2017 by Crypto Bobby - Binance exchange tutorial
Crypto Bobby video
How to use Gemini Exchange to buy Bitcoin and Ethereum
Posted on 1/23/2018 by Shark Investments - video on how to use Gemini exchange
Shark Investments video