Where Can I Buy Bitcoin, Ethereum & Litecoin?
Joining Coinbase, a cryptocurrency exchange is probably your best choice! It Was established back in around 2012. It is a platform that's easy to use and to access. It is one of the best places to buy and sell BTC, Ethereum and Litecoin. With just a few clicks and some account verification, you are on your way. Some of the top performing digital currencies are for sale their via credit card or bank transfer at the moment!
The company works hard to provide consistent and timely services, as well as support via a well-designed platform. Coin base has eliminated most of the complexity from it's website, which they have done by using highly skilled engineers and financiers. The engineers and financiers have improved and continue to improve various aspects of customer interaction for when they buy and sell the virtual currency also known as cryptocurrencies.
Buying and selling BTC or these other alt coins from Coinbase is easy and it's secure.
You can use the website to buy/sell as well as send and receive bitcoins. Funds are held in what is known as a cold wallet, which features multiple layers of authentication. This helps to prevent breaches. An added layer of security for the markets~
Furthermore, about 97 per cent of the data is held offline. Paper lists are kept in vaults, as well as safety deposit boxes that are placed in various geographical areas. This means data is kept safe and makes it harder for hackers to get see it or to mess with it. We don't trust other peoples security though, so store in the exchanges at your own risk. We suggest cold storage wallets like the Trezor or Ledger Nano S!
Joining Coin Base and Purchasing Crypto Currency
You choose a password and name and you use those to enter your account. Be sure to use a complex password, again, you are your own security in this new financial world, so take pride in it! You then have to use your smartphone to verify this, and you will be instructed to enter a specific code. Coinbase uses SSL encryption and keys as well. These layers of security protect your virtual currency.
Hashing passwords offer a high degree of security. Let's not forget to mention that Coinbase has insurance to protect your wallet from employee hacking or theft, as well as cyber holdings and a physical breach. However, insurance doesn't cover tampering with a trader's login. With that said, before you buy and sell BTC, LTC, ETH you will want to become familiar with the insurance policy, and after that, if you are familiar with it and you are confident and you think the platform is right for you, then you can create an account and start buying and selling bitcoins!!!!
The Best Wallets
We just wanted to reiterate that storing your digital coins and cryptocurrencies on any exchange isn't recommended. Check back in with us next time as we go over more of the BTC, ETH and LTC exchanges and their pro's and cons.
We will continue to work on more reviews. We realize these are condensed formats, but we will be building out to larger ideas soon enough. Thank you for joining The Arcane Bear