You need to have a Crypto Tool box. What do I mean by that? Well it is a place for you to reference sites to learn and use cryptocurrencies. I have outlined in this in this article a few of my own go to tools for you to get started on or to add to your tool box. Many of these tools will instantly bring the world of Cryptocurrency to your fingertips. I will not give a description of each item listed but only a brief explanation under a glossary style presentation. When signing up for any of these exchanges or trial offers make sure to write down the user name and passwords in a little book. I personally keep a secondary list of these usernames and passwords and other important sites on a thumb drive never saved on my computer. It is important that you start out with “best practices” and protect yourself against hackers. If you are signing up for a wallet and you get many times get a 12 or more-word phrase that you’ll need to write down immediately. These are your private keys and they are what will allow you to access your funds should your computer die, or you lose a hard drive. Make copies of these words and put them in a safe place. In crypto you have a good chance to make a lot of money and for that fact alone you’ll need to be serious about what you are doing. Remember write the words down immediately, you may not get a second chance. So get busy and start learning to get around in the crypto cyberspace.
Educational and Training Links:
CryptoVersity – an online school to help you be better prepared to understand the crypto space. (Wealth District sponsored link) https://cryptoversity.com/ref/204/
iCoinPro – an online training platform to learn about the industry and be tutored in trading skills. (Wealth District sponsored link) https://icoinpro.com/WealthDistrict
Exchange Links:
Most of these exchanges today are centralized. Meaning they are controlled by a company that assists in your activities of buying, trading and storing your coins. They hold the private keys to the wallets they provide so they are not as safe for long term storage. Once you do your business on these platforms you should hold your coins on a hard wallet.
Coinbase – the world’s most popular exchange (Wealth District sponsored link) http://bit.ly/2FvjPcN
Binance – fastest-growing exchange for trading with hard to find coins. https://binance.com/?ref=13180220
Kucoin – newer exchange based in Hong Kong (Wealth District sponsored link) https://kucoin.com/#/?r=1fyd6
Bittrex – is a next generation crypto trading platform built and operated in the United States. https://bittrex.com
Gemini – a US exchange for large investors. https://gemini.com
PAXFUL – a peer to peer marketplace for buying and selling Bitcoins, like LocalBitcoins (Wealth District sponsored link) http://bit.ly/2EXozqE
Decentralized Exchange Links:
Decentralized exchanges are somewhat new and not as popular as they will be in the future. The face that they are not centralized but are P2P exchanges they operate with less fees. These too have wallets on them but they are designed by the nature of the service to off load your coins to a wallet that you control.
IDEX – One of the newest Ethereum exchanges and many many claim that it is the most advanced Ethereum DEX, supporting limit and market orders, gas-free cancels with the ability to fill trades immediately without waiting for confirmations. https://idex.market/eth/ref;;
EtherDelta– One of the very first Ethereum exchanges. Deposit, withdraw, and maker transactions are all free. https://etherdelta.com
Hard Wallets:
Ledger Nano S – a hard wallet trusted by millions around the world. https://wealthdistrict.com/ledger
TREZOR Wallet – The easy-to-use hard wallet. https://wealthdistrict.com/trezor
KeeperKey– hard wallet system. https://keepkey.com/
Desktop Wallets:
Exodus Wallet – the easiest and most attractive wallet you will find anywhere. https://exodus.io
Electrum Bitcoin Wallet – focuses on speed, simplicty, and low resource usage. https://electrum.org
Hot Online Wallets:
Blockchain Wallet – a very good hot or online wallet where you can buy as well as hold. https://Blockchain.info
MyEtherWallet – a very good Ethereum walet that holds ERC-20 coins. This is a hot or online wallet where you can buy as well as hold and you do hold your own private keys. https://www.myetherwallet.com
Reference Sites:
Coin Market Capitalization – An exhaustive list of more than 1500 cryptocurrencies with current pricing. https://coinmarketcap.com
CryptoCompare – A great site to research cryptocurrencies before you purchase them. https://CryptoCompare.com
Coin Check Up – An exhaustive research source for over 1500 cryptocurrencies with the current pricing, market cap, and links to everything you need to evaluate a coin. https://coincheckup.com/category/digtital-currency
Token and ICO Database – a must have source for new coin offerings with cryptocurrency coins database. You can find upcoming token sales and running tokens. TokenMarket manually vets projects listed. https://tokenmarket.net/blockchain/all-assets
ICO release dates
