PART 1
First we set up your accounts with two exchanges
I urge anyone interested in securing their financial future, or a loved ones, to get in now and not later. While the market is young. That means squandering away fifty bucks from your paycheck whenever you can to invest now. You Will Thank Me Later.
First you need to register for an account with the Coinbase exchange. Why, because they are located right here in sunny San Fransisco California and they have customer phone support, which is convenient 1-888-903-7930. They have built a reputation as being the easy and safe way to connect to your bank and creditcard. Oh, and we can both receive ten bucks from Coinbase.
https://www.coinbase.com/join/5831bc24a5302869177cbd66
Ok registration process can take up to a few days, if they are busy. While you wait go to Binance, the second exchange you will be using and register there. They are fast and secure and the layout is easy to navigate. https://www.binance.com/login.html
You will need a Binance account to buy coins that are not listed on coinbase, or Bancor. You will use Coinbase to link your bank account and credit card safely to Coinbase. We then can buy etherium, litecoin , bitcoin or bitcoin cash from Coinbase, these are the four most used coins to buy and sell other tokens with. You will then use the coins you buy on Coinbase to buy other coins on Binance.
Sounds interesting doesn't it. You are starting to invest now for your own future monetary benefit , so go ahead and feel good about adding this to your portfolio.
While you wait for your exchange registrations to go through just sit back and start to understand the differences between the coins and tokens offered by reading the articles on this site . Any questions email Belugi kk@belugiwhale.info
WHY INVEST IN CRYPTOCURRENCY
Coins are not like buying stock! or investing in the stock market. Cryptocurrency is a store of value, meaning the more its used for transactions the more valuable it becomes. With a limited number of coins demand ramps up quickly. With stocks the value only increases as investors applaud company growth. Investors do not use that stock to transact and increase its value. That's the big difference.
COIN AND TOKEN SELECTION FOR YOU CRYPTFOLIO
You need to take some time to read about the coins and tokens on the market.https://pangeaecoin.com/belugafund while you wait for exchanges to approve your registration.
This will give you the rational for the coin choices and why there important!
Check back every day for a continuation of this guide. You read right, there's a lot more we need to discuss. Such as transacting , hodling, swapping, wallets and much more. While I'm developing this guide please suggest tips you see helpful. kk@belugawhale.info
Thanks Belugi
PART 2 BEGINNERS GUIDE TO BUYING CRYPTOCURRENCY
Connect Coinbase to bank account
Ok, so now you have two accounts up and running. Now in the Coinbase exchange go ahead and input your credit card and ACH account information, connecting your checking account. If you decided to just buy one of Coinbases coins and thats all, thats fine to, it still can be as profitable as selecting some of the other coins on the market . The coins you buy on Coinbase are used at exchanges globally to buy sell and swap coins. In other words you use Bitcoin to buy other tokens and coins at exchanges. The high use of these coins increase their value. So investing in one of these coins(bitcoin, etherium, litecoin) is like buying an index fund. But we are going to take this further and take advantage of the coins and tokens that are offering real future value. There is a battle going on amongst these coins for market cap based on their perceived capabilities.
In this next step you will purchase 100 dollars of Bitcoin from Coinbase and send it to Binance
to buy Cardano (ADA), Tron (TRX) Stellar(XLM) , EOS, IOTA or any other crypto project you love. Now that you have read beluga funds you should have a good idea of why these investments are rock solid. The prices are low and affordable now, they will not be as we head further into the future. That is why its smarter to get in now and it is a lot more exciting.
PART3 MAKE COINBASE BITCOIN PURCHASE AND SEND TO BINANCE
Ok, first you need to be logged in to both exchanges. lets purchase, go to the buy and sell page on coinbase . Using your credit card you can purchase immediately. The bank account purchase will take three days. I like the credit card that way you can complete your transactions in one shot. So select bitcoin, then select credit card, then type in 100 dollars for amount . Ok so far? Now we need to tell Coinbase where they can send the Bitcoin to . So coinbase needs you to get your public key, youre bitcoin account number from Binance. Because your sending 100 dollars of bitcoin you just instantly purchased on coinbase over to your binance bitcoin account.
Now go to Binance , then deposits and select Bitcoin from the drop down. Now copy the account number generated . that is your Bitcoin account number on Binance generated uniquely for you. Think of it as your secure safety deposit box. Now go back to Coinbase and paste that copied address into the send we started at Coinbase.
It will ask you if your sure, you can double check the account number until you feel safe about sending, then hit send. You will receive a pending confirmation, letting you now it has been sent and will take a few minutes for Binance to receive the 100 dollars worth of Bitcoin. Once Binance has recieived your Bitcoin , you can now go to the Binance trading section. Select BTC, top right of trading selector, and chose the token you would like to purchase . Type in ADA and the trading box opens with buy or sell ADA for Bitcoin. You use the sell Bitcoin for ADA. Type in the amount of Bitcoin to sell, select market price and hit enter. Success, you made your first purchase on Binance. Go to balance page and confirm in fact that you now own ADAYou have begun. You now own part of the ADA blockchain monetary value super highway CONGRATULATIONS ! , to my school of sharks.
please share this with as many people as you can reach so others may have the financial chance to gain.
Thanks Belugi $hark
You have begun. You now own part of the ADA blockchain monetary value highway congratulations, to my school of sharks.
please share this with as many people as you can reach so others may have the financial chance to gain.
Thank$ Belugi Shark