I have an old account with TD Ameritrade - and money leftover in that account - and mistakenly believed I could buy crypto. What's a safe platform (understanding that "safe" is a relative term) to make a purchase?
Is Coinbase the consensus platform?
Something else?
Coinbase is good for beginers
My boyfriend uses Coinbase.
Thanks for this!
Buy GLD in your TDA account. Gold has a several thousand year track record.
yeah, I'm so pissed I ever opened that account. but I think the best way to put it to use is through gold, silver, and other metals
Canadians are using nunchuck.io for wallets (allows multidevice auth)
I recommend Gemini though. Cash transfers to and from faster. Plus apparently Coinbase is on the WEF site. After your ACH clears, I recommend getting it off the exchange into a private wallet. I also like the Exodus wallet. If you are going to leverage trade, I recommend Kucoin.
Thanks for that info - I just looked up Gemini and it was founded by the Winklevoss twins. As in, the Facebook guys. So I hesitate to trust that any more than a WEF-approved company.
Kucoin is owned by a Malaysian guy, headquartered in Seychelles or Singapore. Exodus is a midwestern/heartland company - Nebraska. https://www.crunchbase.com/organization/kucoin https://www.crunchbase.com/organization/exodus-052e
I don't know what or who to trust here. Ugh...
At this point it is going to be impossible to avoid anything connected to the power structure. Get in, get your bitcoin, get it off to a private wallet. If you want it to not be traceable to you, you're going to have to jump through a lot more hoops for that which is beyond this post here.
Buy bitcoin only. Leverage that to speculate on everything else. Bitcoin is the only buy and hold forever.
Isn't bitcoin 37k a coin? I do not have that kind of money to play with
you don't have to buy the whole coin. Let's say you have 5000 and bitcoin drops to 25k. You could buy 1/5th of a coin. whatever percentage gain as it goes up would apply to your investment. you can buy a smaller piece even. Don't use coinbase for small transactions because their fees will destroy your margin if you are investing in the dips and rises.
I didn't realize that's how it worked, thanks!
look at kraken. San Francisco based. The CEO recommended that everyone take their coins off the website and into cold storage after the banks started seizing assets. So they are definitely looking out for you. www.kraken.com
Yes. Gemini is good. just get the feeling they want the whales for customers. I am using. I would use cold storage off of websites. I know there are phone wallets but I prefer the idea of having completely offline from any external bad actors.
I used Binance.com I found it easy to learn and gable a bit around with small amounts in several cryptos. Now I just leave it up to my wife, she got addicted on it, but so far she is on the winning side.
I’m a total newbie to Crypto and had a friend point me to this site. https://www.nexusecosystem.io/ I’m learning a lot and have started to purchase a bit. The TruBadger help walks you through setting up a meta mask wallet and making purchases. They do weekly Zoom calls and have Zoom help available. They’ve got some projects coming up that sound exciting. I’ve got a long way to go and lots to learn but I just purchased my first NFT - Cryptogods Excited!
Not to doubt you or anything but I'd recommend doing more research on crypto before you invest right away. Know what you are investing into and why it's a good investment. Crypto is fun and all but at the end of the day a large majority cryptocurrencies you see aren't going to be long term profitable. Beware of scams and pump and dump schemes.
I am completely clueless, and yes, 10000% acknowledge that I have very much to learn.
I use Swyftx, but its probably just Australian.
Here is the most important tip, ignore it at your own peril. No matter what platform you use to purchase crypto, always move it to your own personal wallet. Anything you leave on the exchange is 1. does not belong to you and will be used against us 2. you can lose it at the drop of a hat.
Ideally you should use a well protected paper wallet, but a decent hardware wallet will do (Personally I dont trust hardware wallets, but the consensus here is, its safe)
Even if you dont have either of this and want to purchase crypto quickly, install Exodus on a computer (or mobile if really necessary) and withdraw all the crypto out of the exchange to the Exodus wallet.
Coinbase is safe, yes, but the fees are outrageous. Kraken is based out of San Francisco and very safe. It is more complicated but you will save money on transactions.
Someone send me some XRP
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Thank you! I have a lot of homework to do - I have no idea what private keys or wallets mean. So I need to figure this all out!