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Cryptocurrency Investment Tips For Beginners Chapter 1: Getting Started

Getting Started Buying your first bitcoins

Before you can invest in cryptocurrencies including Bitcoin and altcoins such as Litecoin and Ethereum you will first need a service that will allow you buy them.

Even though it possible some cryptocurrencies directly with fiat I recommend buying Bitcoins and using those to trade since it is the most popular trading pair allowing you to buy into any cryptocurrency.

Below is a list of services which allow you to buy Bitcoins and sometimes alternative coins like Ethereum and Litecoin.

Coinbase

One of the most well known sites for buying Bitcoin, Coinbase also allows you to buy Ethereum and Litecoin, each currency will be stored inside it’s own Coinbase generated wallet and you will be able to both buy and sell those currencies within the Coinbase website.

You can also instantly sell Bitcoin, Litecoin and Ethereum into Pounds (GBP) and Euros (EUR).

Payment methods include: Paying with a linked bank account Credit or Debit Cards Wires transfers SEPA Transfers Coinbase was the first website I used to buy Bitcoins but recently I moved to Bitpanda since I personally find it more reliable for buying Bitcoins as fast as possible. Use the link below and you will get back $10 in free Bitcoin once you have bought or sold $100 worth of any digital currency supported by Coinbase. Buy Bitcoin, Ethereum or Litecoin on Coinbase: https://www.coinbase.com/join/592b7d7f64a015a3716ebdad Bitpanda

My personal favourite due to its fast and simple credit/debit card buy service, this is also Europe’s most popular service for buying Bitcoins, Ethereum, Litecoin and Dash.

Purchases are calculated in Euros and the page where you enter your card details in written in German but you can easily get Google to instantly translate that page for you.

Payment types include: SOFORT Transfer, VISA/Mastercard, NETELLER, Skrill, GIROPAY/EPS & SE...
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