Buying and Selling Cryptocurrencies - TheConsumerAdvisory ~ https://theconsumeradvisory.com/buying-and-selling-cryptocurrencies/ “Trading crypto is fairly similar to trading equities and other asset classes, with two major differences: trading platforms and crypto storage.” Places to Buy and Sell Cryptocurrencies Cryptocurrency Trading Exchanges (most popular method) ~ Terms you need to learn: private keys; custodial wallet; “hot” wallet; “cold wallet”; cold hardware wallets. Mobile Trading Apps ~ Examples: Robinhood; PayPal; Square. Crypto ATMs ~ Use credit card or fiat currency to purchase. ATMs have daily limits on crypto transactions. In-Person Meetups ~ Used to connect crypto enthusiasts and traders; but now it's done through cryptocurrency exchanges. Futures Exchanges ~ “Futures are an indirect method of buying or selling cryptocurrencies. With futures, you bet on an asset’s price on a specific date in the future. Crypto futures culminate in the digital delivery of the cryptocurrency at the end of the trading period.” (NOT FOR ROOKIES LIKE ME!) NOTE: A trading platform’s fees vary based on the exchange. #DYOR #cryptonewbies #CCFCN #Cryptocurrency
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