Crypto Currency


How to buy/sell Bitcoin/Ethereum/Lite Coin

What is Crypto Currency?

A digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.

How to trade Crypto Currency?

  • Create an account @ Coinbase
  • Check your email for verification
  • Login to Coinbase
  • Setup your checking account
    • Enter your bank account number and routing number.
    • Coinbase will deposit 2 small deposits after 2-3 days 
    • Check your bank account after 2-3 days and if there are any deposits like few cents
    • Come back to Coinbase and validate your deposits.
  • Once bank account is linked, initiate required $$$ amount from your bank account to Coinbase
  • It will take 2-3 days for the first time.
  • Once you have money in your coin base account
  • Head to Gdax.com and log-in with your Coinbase Userid/password
  • On Gdax.com once you login, on the top most left side there is a drop down to choose options
    • Options like BTC/USD, ETH/USD, LTC/USD
  • Choose the option you want to buy.
  • Put a Buy limit to avoid any transaction fees
  • Same for Sell Limit to avoid transaction fees



Guest 2017-06-21 16:39:28

Ethereum flash crashes to $13 before bouncing back to $296. Source: http://www.businessinsider.com/ethereum-price-flash-crash-2017-6