TUTORIAL

How to buy Crypto Currencies


On this website we're going to teach you how to buy crypto currencies. It only requires a few simple steps, so within 10 minutes you'll have one of the best cryptocurrency investments.

Make sure to have your ID/Passport ready because that's needed for creating an account.


We will teach you:

  • How to buy Bitcoin, Ethereum and/or Litecoin
  • How to send/receive coins
  • How to trade on multiple exchanges
  • How to send your profit back to your bankaccount
Bitcoin price in USD

Ethereum price in USD

Litecoin price in USD

Step 1: Sign up at Coinbase

To get started you first need a Coinbase account. Here's were we buy Bitcoin or Litecoin. Coinbase is the world's most popular way to buy and sell bitcoin, ethereum and litecoin.

Sign up for FREE at Coinbase
Use this link and receive $10 dollar for FREE!

You have to deposit at least $100.

Step 2: Connect your bankaccount

Connect your bankaccount, debit card or credit card so that you can exchange digital currency into and out of your local currency.

Connecting your bank or creditcard might take a few hours to a few days.

Once your payment details are connected, you can proceed to step 3.

Step 3: Buy Bitcoin, Ethereum or Litecoin

Great, you've connected your bankaccount or credit card. Let's start buying Bitcoin!

Coinbase also made this very easy: just select the amount of money you want to spend and you'll automatically see how much Bitcoin, Ethereum or Litecoin you will get.

For this tutorial we suggest to buy some Litecoin because this is very fast to wire to an exchange when you're going to buy another coin. Bitcoin transfers usually take up to a few hours, while Litecoin transfers within a few minutes.

You can also install the Coinbase iPhone or Android app.

Always make sure you have a strong password!

Step 4: Sign up at an exchange

An exchange is a platform where a lot of cryptocurrencies are traded. You can buy/sell bitcoin, ethereum, litecoin and a lot of other coins here. These other coins are usually called 'altcoins', where 'alt' stands for alternative.

Because most coins are traded are different exchanges, we recommend you to check Coinmarketcap to see where your preferred coins are traded. Click on the coin and then select †he tab Markets.

Binance

Go to Binance and click on "Register".

Sign up for FREE at Binance


Fillout the necessary fields. After that you'll receive an email to activate your account. Click on the link in the email and voila: your account is activated!

Bittrex

Go to Bittrex and click on “Login” and then on "Sign up".

Sign up for FREE at Bittrex

Fillout the necessary fields. After that you’ll receive an email to activate your account. Click on the link in the email and voila: your account is activated!

Poloniex

Go to Poloniex and click on "Create your account".

Sign up for FREE at Poloniex

Fillout the necessary fields. After that you’ll receive an email to activate your account. Click on the link in the email and voila: your account is activated!

Bitfinex

Go to Bitfinex and click on "Open account".

Sign up for FREE at Bitfinex

Fillout the necessary fields. After that you'll receive an email to activate your account. Click on the link in the email and voila: your account is activated!

Step 5: Transfer coins to exchange

Awesome, you've made an account at one of the top exchanges!

In this step we're going to wire (transfer) the coins from Coinbase to your exchange so you can buy [[name-coin]].

For this tutorial we suggest to buy some Litecoin because this is very fast to wire to an exchange when you're going to buy another coin. Bitcoin transfers usually take up to a few hours, while Litecoin transfers within a few minutes.


Sign up for FREE at Binance


When you're logged in to Binance, go to "Funds" and then to "Deposits Withdrawals".

And select the coin you'd like to Deposit. Earlier we've suggested to buy Litecoin at Coinbase.

Search for "Litecoin" and click "Deposit".


This is your Litecoin address:



A Litecoin address is made up from 34 chars. This is a mix of numbers and lower/uppercase letters.

Select and copy this address.



Transfer your coins from Coinbase to Binance

Go back to your Coinbase account and go to the “Send/Request” page. Paste your Binance Litecoin address at the “Recipient” field. Type in the amount of Litecoin you have at Coinbase (you can see this at the "LTC Wallet" field on the left) in the "Amount" field:

You can fill in the “Note” field to keep track of your transactions. If everything is ready click on “Send Funds”. Afer this, comfirm it by clicking on.. “Confirm”


When you're logged in to Bittrex, go to "Wallets".


On the right, search for example for "Litecoin", then click on the "+" on the left.
The "+" sign means Deposit. You can also do this for Bitcoin or other coins. The "-" sign means Withdraw.


A popup will appear where you can create your own new Litecoin deposit address. Click on the button "New Address".


Here you can view your own Litecoin address. We'll be using this address to deposit (wire/transfer) Litecoins to (from Coinbase).
Copy the address.


Whenever you want to send your Litecoins back to Coinbase, you can use the Withdraw functionality, with the "-" sign.



Transfer your coins from Coinbase to Bittrex

Go back to your Coinbase account and go to the “Send/Request” page. Paste your Bittrex Bitcoin or Litecoin address at the “Recipient” field. Type in the amount of Bitcoin you have at Coinbase (you can see this at the "Wallet" field on the left) in the "Amount" field:

You can fill in the "Note" field to keep track of your transactions. If everything is ready click on “Send Funds”. Afer this, comfirm it by clicking on.. “Confirm”

Because the Bitcoin network has all kinds of checks and verifications to keep it safe it can take a while before you’ll see the Bitcoins appearing in your Bittrex account. You can check this at the same page you got your Bitcoin address at the "Wallets" page.

Litecoins are a must faster way of transferring coins. Use the Litecoin address when you've purchased Litecoins at Coinbase.


When you're logged in to Poloniex, go to "Balances".

And then go to "Deposits and Withdrawals":

On the right search for "btc" for Bitcoin or "ltc" for Litecoin. Once you've found the coin you want to send to Poloniex click on Deposit:


Maybe you’ll get the alert “Got it, show me the Bitcoin address”. Click on this and you’ll see your very own Poloniex Bitcoin address!



A Bitcoin address is made up from 34 chars. This is a mix of numbers and lower/uppercase letters.

Select and copy this address.



Transfer your coins from Coinbase to Poloniex

Go back to your Coinbase account and go to the “Send/Request” page. Paste your Poloniex Bitcoin address at the “Recipient” field. Type in the amount of Bitcoin you have at Coinbase (you can see this at the “BTC Wallet” field on the left) in the “Amount” field:

You can fill in the “Note” field to keep track of your transactions. If everything is ready click on “Send Funds”. Afer this, comfirm it by clicking on.. “Confirm”

Because the Bitcoin network has all kinds of checks and verifications to keep it safe it can take a while before you’ll see the Bitcoins appearing in your Poloniex account. You can check this at the same page you got your Bitcoin address at the “Total Balance” field.


When you're logged in to Bitfinex, go to "Deposit".

And select the coin you'd like to Deposit. Earlier we've suggested to buy Litecoin at Coinbase. If you've done that: select Litecoin.

You might see a warning about Small Deposit Fees. View the fees, they are normal when trading at an exchange.


Go to the bottom of the pages, select the two checkboxes and click on "I understand".




At the Exchange Wallet choose for "Click to generate address". This will create a Bitfinex Litecoin wallet where you can send your Litecoins from Coinbase to.




This is your Litecoin address:



A Litecoin address is made up from 34 chars. This is a mix of numbers and lower/uppercase letters.

Select and copy this address.



Transfer your coins from Coinbase to Bitfinex

Go back to your Coinbase account and go to the “Send/Request” page. Paste your Bitfinex Litecoin address at the “Recipient” field. Type in the amount of Litecoin you have at Coinbase (you can see this at the "LTC Wallet" field on the left) in the "Amount" field:

You can fill in the “Note” field to keep track of your transactions. If everything is ready click on “Send Funds”. Afer this, comfirm it by clicking on.. “Confirm”

Step 6: Exchange Trading

In this final step we're going to teach you how to trade. We'll also explain how to buy other coins. Select the exchange you're using below:

Bitcoin book

Cryptocurrency book

BlockFolio App

Blockfolio offers complete cryptocurrency management, with easy to use tools to keep track of all your cryptocurrency investments. Get detailed price and market information for individual currencies and your entire portfolio all in one place.

Blockfolio appDownload here

TO B FILLED:

Copyright © 2017-2018. All Rights Reserved