I know nothing about investing. Thinking about using eToro, anybody starting from stupid use eToro? Let me know your experiences. Thanks for the help.
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Do what Zeitreise said, use Coinbase. But you should know there is a Coinbase and a Coinbase Pro. They are the same account and can be used to log in on both. Put USD on Coinbase Pro and not Coinbase. You won't be able to move your money until the bank clears the ACH transfer, but you can buy on the Pro exchange immediately. Using Pro will save a ton of fees.
Then you can buy a hardware wallet like Trezor or Ledger. If you go with Trezor, you can link with Exodus, which is nice.
So there's the coin in my wallet, now I can redeem it when I please through whatever bank will have it? Who can accept it or deny it from my personal wallet?
If you use a stock broker and not a crypto broker then you may get restricted by hours you can trade it.
https://www.etoro.com/en-us/customer-service/help/1320587972/how-do-i-transfer-cryptocurrency-from-the-etoro-trading-platform-to-my-etoro-money-crypto-wallet/
Closed my account and stole my funds. No response. I thought it is safest as coins can’t be sent or transfer (for US)
is L/T the only way to get a private wallet? Or can you get a private wallet through coinbase or eToro?
So ledger/trezor is a physical hard drive/thumb drive.
interesting. So my worth does not stay on the app........coinbase/eToro
I just bought some coin on eToro, nothing about a wallet yet, so I guess I have to make my personal wallet like you said.............but this personal wallet, it's on someones website right? It's mine, and stored how.........who's land is it on?
I'm starting to get it, I did not follow the steps, but I'm moving, so that's something. I bought 50 bucks of bit...............Don't own a wallet yet, but I guess I'm going to pick one up. You've been very helpful
What do you think?
https://www.etoro.com/en-us/customer-service/help/1320587972/how-do-i-transfer-cryptocurrency-from-the-etoro-trading-platform-to-my-etoro-money-crypto-wallet/
That is from the site I'm using. So, this coin in the wallet, does it appreciate, depreciate, stays pretty much wherever the market is, the key is it is safe from being confiscated by government...........right?