Steps to Trading Cryptocurrency

If you want to start trading cryptocurrencies in a method similar to the way forex trading is done, it can be confusing how to get started. Here’s the steps you need to take.

Steps to Trading Cryptocurrency:

1. Get A CryptoCurrency Wallet

There are many many wallets out there and as you become more advanced you will need a few of them (so you can trade more obscure currencies) but for now, I recommend getting Coinbase. It is the best known and allows you to send and receive the major coins to other trading platforms easily.

2. Connect Your Bank Account or Credit Card to Coinbase.

3. Set up a free account on Binance which will allow you to trade Crypto like stocks as well as acquire the “smaller” coins.

Here are some of the “smaller” coins that I am currently following:

Please note: I reserve the right to delete comments that are offensive or off-topic.

  • Johnny Stromp

    Scott,

    You should definitely add VeChain to your list of coins you follow. It is listed on binance as VEN.

    Thanks,
    Johnny Stromp