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Feb 10, 2021

[How To] Trade Cryptocurrency Safely $BTC $ETH (Bitcoin, Ethereum, etc)

 


Yes Bitcoin $BTC is at its all time high again. It seems like all over 2017-2018 again. I am a old crypto trader, or a more proper word is, hodler (not a spelling mistake). 

While it does feels exciting that crypto is gaining lots of attention lately, it is best to trade with cautious. Or if you believe in crypto (which I do), just choose to be a hodler and you will be happier, at the same time, less stress. 

So, dive into the main topic, how can we begin to trade cryptocurrency? As crypto is going more mainstream year by year, the barrier to entry is diminishing. Now you can easily trade crypto with fiat, or other options. Also, more and more exchanges are regulated for your peace of mind. 

1

I'll start with the recommended exchange first, which is Binance. I started to trade using Binance since its launch. It is a reputable and reliable exchange. It had been hacked once (all user funds are recovered/compensated), which is a good thing to me, as it does definitely enhanced their security level. 

Simply go to the following links and register your account. It is advisable to use the referral code as it will help you in the long term as well. The trading fees will be split equally among us. As always, pay attention to the URL. After signing up, you can transfer crypto from other exchange, deposit fiat, using credit card, or simply perform p2p (peer to peer where you can buy or sell directly with online banking). 

https://accounts.binance.cc/en/register?ref=G9XQEO70

Be sure to use the referral to ensure you get the long term rewards. You don't get this if you register without any referral. 

2

Secondly, LUNO had a very user friendly user interface. Very suitable for people who don't get used with trading. You can deposit fiat and start buying crypto. The choices are somehow limited to Bitcoin $BTC, and Ethereum $ETH. Both are very safe crypto to hodl. LUNO is registered and regulated by SC (Security Commission) Malaysia. So it is safe. 

LUNO referral code (enter during sign up): C4JA9

3

Thirdly, Kucoin is another popular exchange. By holding their coin $KCS you can have a decent returns. The user interfaces are similar to that of Binance. 

Kucoin referral code (enter during sign up): 1vdP3

4

And lastly Bibox. I always think that Bibox is Chinese version of Binance. Therefore I hope it will become as popular as Binance, some day. I seriously hope. 

https://www.bibox666.com/en/login/register?invite_code=05KFd9


I am actively using all of the above exchanges without any issue, for a long time. Therefore please don't be worry and become a crypto investor today! This statement remains true regardless of any kind of trading, don't invest what you can't afford to lose. God speed! 


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