Crypto coins

Crypto coins

Cryptocurrency is the name attached to blockchain driven payment methods or tokens such as Bitcoin, Ethereum, Litecoin, Ripple and others. Crypto coins it first began with Bitcoin, blockchain was seen as a decentralised form of digital currency and an anonymous way to make payments fast without using “fiat”. As time progressed blockchain technology has been utilised in many other new and interesting ways. Most crypto exchanges will only allow you to trade an altcoin for Bitcoin or Ethereum.

So to begin, you must have some BTC or ETH. Once you have these coins in your wallet, you send them to a wallet within your account at an exchange and trade them for altcoins. It may seem quite daunting at first, but once you get used to the method of sending and receiving funds via wallets, then it is not too much different than trading Forex. However, you must be aware that crypto trading is at a very early stage.