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Your path to success in cryptocurrency trading and, or investing can be paved in gold if you take appropriate steps to research crypto assets, fund your exchange account, secure your assets and continually monitor your assets to determine optimal buy and sell targets. To begin trading cryptocurrencies you will require the following:
1) Fiat To Cryptocurrency (Crypto) Exchange account (buy crypto with fiat dollars (credit card, etransfer or ACH/Swift). It also allow you to transfer your earnings into your bank account
2) Crypto To Crypto Exchange (these exchanges allow to trade multiple pairs of crypto)
4) Software or Hardware wallet (this tech allow you to securely store your crypto assets)
FIAT TO CRYPTO EXCHANGE:
For Canadians the fastest way to get approved and buy crypto (under 10 minutes) is with Shakepay. In fact, new users earn $30 once they have created a new account. Apply the funds towards your first crypto purchase or withdrawl to your bank account. Furthermore, Shakepay supports both etransfers and ach as easy methods to fund your account. Once you have purchased your bitcoin or eth you can transfer to a crypto-to-crypto exchange like those listed below.
Go here to buy/fund your Shakepay account via etransfer or ach:
https://shakepay.me
CANADIAN CRYPTO INVESTORS CAN ALSO USE THE FOLLOWING EXCHANGE:
CRYPTO TO CRYPTO EXCHANGE:
A crypto-crypto exchange is where you trade over 17,315 cryptocurrencies. Depending on the number and types of tokens/coins you wish to trade you may require more than one Crypto-to-Crypto exchange account. You can initiate your first trade with the following exchanges.
Review more exchange options below.
SECURE YOUR CRYPTO WITH A HARDWARE/SOFTWARE WALLET:
Once you have purchased your cryptocurrencies you can either leave them on a centralized exchange or secure them in a software or hardware wallet. You have many software and hardware wallets to choose from. They include the following:
CRYPTO PORTFOLIO TRACKER:
A crypto portfolio tracker allow you to keep track of your profits, losses and portfolio valuation with ease. Many portfolio trackers also allow you to connect to your centralized exchange account via an application programming interface (API) in order to buy and sell crypto assets. There are many options to choose from; however, you can get started with the following:
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