How to Buy Crypto - Easy | Buy Crypto - More | Prices: CoinPaprika.com and CoinMarketCap.com
Public keys are used to move your cryptos to a new address. It could be another crypto exchange, another wallet or to make a purchase, etc.
Move a small amount to test the process before you send large amounts.
Anyone with your private keys can access your cryptos. Do NOT share your private keys. How to avoid scam, theft and fraud:
1.) Easiest: Buy cryptos for USD directly inside the Exodus Wallet with credit card.
2.) Use a Swap: Send your coins to ChangeNow.io or ChangeHero.io to exchange/trade them. If possible use the fixed rate option for your first swap. It's usually faster. Watch the video tutorial below first.
If it is a new swap for you, exchange a small amount to test the swap before you exchange large amounts. After entering the swap, copy or take a screen shot of the swap transaction ID. If you have any concerns, send a short email including your swap transaction ID to the support address...Stuck Swap at ID [your swap id number here]...
Please watch tutorial below before your first swap. It will give you an overview of the swap process. After the swap, practice independently verifying your transaction hash and receiving address in a block explorer (see below).
You are sending one type of coin to the swap and receiving a different coin back in exchange. The basic steps in any swap are: 1.) choose your swap coins and amounts, 2.) choose options such as fixed/floating 3.) enter your PUBLIC receiving address and double check it, 4.) send coins to specified swap address, 5.) wait anywhere from 5 minutes to about 10 minutes for most coins to arrive in your wallet. *** Longer if network congestion.
On your first try, test a small amount on ChangeNow.io or ChangeHero.io. Both have easy user interfaces, clear instructions and clear user confirmations. Read the How it Works pages below first.
Note: Exchanges are cen$oring some coins like BSV (Bitcoin Satoshi Vision). ChangeHero.io offers BSV swaps.
Buy larger amounts of crypto with USD. This is a longer process similar to opening a bank account. Open an account at Gemini.com, and/or CalebAndBrown.com and/or Bitstamp, Kraken crypto exchanges. Transfer USD from your bank accounts via ACH or wire transfer. Once your account is setup, this option is fast and often gives you better prices.
Gemini: How to Open A New Account
Important: move the new coins you buy at Gemini off the exchange to your private wallet like Exodus Wallet, Atomic Wallet, etc.
Move a small amount to test the process before you send large amounts.
Move the coins to an exchange such as Binance or Kucoin to trade them for various coins (alt-coins). Exchange your coins using a swap. Move the coins to your laptop-desktop Atomic / Exodus to store them.
Find a good online tutorial and follow along. Don't lose your coins!
Never give out your private keys. Anyone with your private keys can access your cryptos.
A public or private key (also called address) will look similar to:
1Vvp22BBY7Cn6nHIWQQSaF3jhzD9syq2C
Address protocols for coins vary:
BTC (Bitcoin) addresses start with 1
: 1Vvp22BBY7Cn6nHIWQQSaF3jhzD9syq2C
ETH (Ethereum) addresses start with 0x
: 0xYHdkso937sjs8JLySWSKNdQJtC
LTC (Litecoin) addresses start with L, M or 3
: LjNpYd7C811Adkfjd043GDJJso5e
Please watch tutorial video below. Every wallet has a transaction log. You can view your transaction log from inside the wallet.
You can also view your transaction log on the public blockchains. Each blockchain has its own transaction explorer(s). These explorers are the public list of transactions. Bitcoin uses a Bitcoin Explorer. Ethereum uses an Ethereum Explorer. Solana uses a Solana Explorer, etc.
To find the blockchain explorer for your coin, 1.) go to CoinMarketCap.com, 2.) search for your coin, 3.) select the Explorer tab/drop-down, then 4.) Select a Explorer link for your coin.
Enter your PUBLIC receiving/recipient address in the Explorer search function to see a list of transactions for your address.
How to Trace a Bitcoin Transaction
Please be sceptical about Social Media crypto offers. Please research carefully. Ask for more information.
If you feel pressured, stop and get off that page/app. Go back later if you want more info. Be especially careful with phone wallet confirmations or browser extension wallets (Metamask) confirmations. Slow down. Make sure to read them carefully. Don't just select 'ok' because you are in a hurry. Don't lose your coins.
Hashoshi: 5 WORST crypto mistakes that cost crypto investors dearly.