In order to buy bitcoin you either need fiat currency like the US dollar. Or you need to possess other cryptocurrencies to trade for bitcoin. Trades are facilitated on exchanges. Some of the biggest crypto exchanges BinanceCrypto.comBittrexGemini Some of the most common DEX’s (Can’t be used to buy bitcoin) UniswapSushiswapCrypto.com […]
What is a crypto exchange? A crypto exchange is just like any legacy stock exchanges. It is a place where you can use ordinary fiat currency to trade for crypto currency or other blockchain assets like NFT’s. Why do we need them? Trading is the main use case for exchanges. […]
When creating a wallet. ALWAYS make sure you have the seed phrase, pass phrase, or both. Keep it in a safe place where only you can see it. Be wary of storing it anywhere online or even on your computer. If using a Crypto Exchange or custodian wallet. Make sure […]
A cryptocurrency custodian is almost under all circumstances a normal business or corporation. They offer you a platform like a website or an app to make buying, selling, and holding cryptocurrencies as easy as possible. This is the trade-off. A very easy and user-friendly experience, for a not so tech […]