Crypto for dummies – Buying Currency as a Beginner

Do you want to get acquainted with the wonderful world of cryptocurrencies in a fun way? Our great crypto for beginners guide has already helped thousands of people! The topics are divided over several articles. Scroll down to begin your Bitcoins Altcoins journey. You can also choose to trade directly via the button below.

First of all, welcome to BitcoinsAltcoins.nl and to the wonderful world of cryptocurrency. A very interesting, but here and there complicated world. Getting started with cryptocurrencies is not always easy and there is certainly a learning curve. On this page we have listed all the information for you. From buying your first Bitcoin or other altcoin to learning all the concepts that have to do with the world of cryptocurrency. Whether you are a dummy, beginner or experienced crypto investor.
Cryptocurrency and Bitcoin for Beginners

The articles for beginners are all based on questions that we often answer. We’ll start with a general simplified explanation of cryptocurrency and then take you on a journey to all things Bitcoin. Then we will also deal with other coins. We have kept this format, because understanding Bitcoin is a very good and smart first step to try out. Do you really want to start at the very beginning of cryptocurrency? Then read our series: The history of cryptocurrency. This starts in 1983.Start crypto trading as a beginner

exchanging crypto as a beginner starts with where you need to exchange them. That includes applying sound judgment and making sure you only use controlled specialists. Some crypto intermediaries offer business sectors in a greater number of types of advanced coins than others, but they all help in exchanging the most notable digital currency. The battle between online specialists is extreme, which means that there are a huge number of perfect benefits for those hoping to start exchanging digital currencies. What are crypto currencies?

If you are a crypto dummy then it is a must to know what crypto currencies are. These are automated types of monetary standards. They can be used to pay for labor and products. Just like how the usual types of monetary standards can be exchanged against each other on the forex, crypto currencies forms of money can also be exchanged against explicit sets at specific stages called digital currency trading. Most importantly, digital currencies, not normal for regular monetary standards such as the U.S. dollar or euro, are often not limited by a solitary element. In addition, they are obtained using complex cryptography combined with another type of online public record called a blockchain. Crypto for dummies – blockchain

As a beginner or dummy in crypto is one of the most important things to know, what is the blockchain? a blockchain is an automated assortment of data about exchanges. This is also called a record, which is why this word is regularly used when depicting blockchain innovation. The moment you have different assortments of information, they are put away together using a system that relies on squares of information tied together. Because each square is anchored to the people around it, they associate with each other. This creates a framework where in the event that a square is modified, an adjacent square immediately gets the error and prevents the invalid exchange. Accordingly, exchanges on the blockchain cannot be altered, creating an extremely durable record that is passed on to everyone in the organization. The blockchain could potentially open up how we see and pass through cash, and how well an assortment of schemes, agreements and advances are legitimized. Crypto for dummies – crypto exchanges?

If you want to buy crypto currencies as a beginner or sell as a dummy or beginner, you must use an exchange. These intermediaries can be seen as a kind of wholesaler for Crypto currency. There are hundreds of crypto currencies for sale on the Exchange. How to buy crypto on an exchange as a beginner

First of all, you need to sign up for an exchange such as Bitvavo or Binance. Depending on the platform and the amount you want to buy, you will need to provide pressphone data. You cannot buy or sell crypto until you meet all the sign-up requirements. To buy crypto, you need to make sure that you send money to the exchange. This can be done, for example, through iDeal or Credit Card. Then you can choose a currency from the list of available crypto to purchase.

Below are more useful links about crypto for beginners, dummies or the more experienced trader. Getting started with crypto

• What is cryptocurrency?
• How does the price of cryptocurrency come about?
• What is Bitcoin?
• What is Blockchain Technology and how does it work?
• What are the applications of the blockchain?
• What is a distributed ledger?
• How do Bitcoin transactions work exactly?
• Is Bitcoin legal?
• How many bits are there in a Bitcoin?
• Who is Satoshi Nakamoto?
• Which Bitcoin wallet should I use?
• Bitcoin address and wallet receiving address, where can I find that?
• How can I buy Bitoin?

All topics

• Best Way to Buy Cryptocurrency for Beginners
• Where can you buy which cryptocurrency?
• How can I sell my Bitcoin again?
• How do I exchange cryptocurrency?
• How do I create a paper wallet?
• How does bitcoin mining work?
• What are mining pools?
• What is the difference between public and permissioned blockchains?
• What is a Soft Fork, Hard fork and User Activated Soft Fork?
• What is the difference between Bitcoin and Litecoin?
• How do I buy Litecoin?
• Tokens: An introduction, history and explanation.

Ethereum for Beginners

• Tokens: An introduction, history and explanation.
• What is Ethereum and Ether?
• Who created Ethereum?
• Where do I buy Ethereum?
• How does ethereum mining work?
• What are decentralized applications?
• What is a DAO?
• How do Smart Contracts work?
• Ripple for beginners (detailed explanation)