Hey guys I know that it has been a very long time since I last posted, but there is a reason. I haven't posted in such a long time because I was teaching myself how to trade cryptocurrency so I could teach you guys. I guarantee that this is going to be a great article so stick around and learn how to make lots of crypto with a very easy method.
Getting Ready
Now before we start trading and earning there are a few things that you need to do to get started. One of the things that you need to do first is one of the easiest, get a crypto wallet if you have not already. A crypto wallet is crucial to this step in getting ready because in order for you to keep and store your crypto you need somewhere to put it. And since cryptocurrency is a digital asset you have to have a digital wallet. I know that there are many options out there for wallets and hardware wallets are the most secure wallets available, but for this reason you might want to use a wallet such as Guarda Web Wallet, Coinbase, or Exodus. I personally use Guarda because it literally takes like 4 seconds to set up. You just generate the wallet, download a file(which you should keep in a secure and safe place), set a password, and then your good to go. Plus they offer staking, borrowing, lending with interest, and more!. But the main reason that I use this wallet because it doesn't require any legal documents. I don't like it when people have my SSN and documents so I typically like to use wallets that doesn't need them. Moving on, the next thing that you need to do is get some crypto assets. My favorite ways to get some FREE crypto assets are using Faucet Crypto, CoinPayu, and Cointiply. These three sites are the best crypto faucets that offer small payouts and quick earnings. A optional 2nd step is instead of earning your crypto for FREE, you can just buy it with REAL money. Moving on is the third step. Now depending on which site you used or all of them, you need to withdraw your money to your wallet. Its really simple all you need to do is put in the address and click withdraw. Now sometimes it can have instant withdrawals or 24 hour withdraws, but usually they are really fast.
Lets Get Started
YES, we are finally at the best part of this article, TRADING! There are many crypto trading services out there and Coinbase has a built in one but again you have to do a lengthy verification and a lot more. But for the sake of this article we are going to be using the best trading platform KuCoin. And heres a fact this site, if you tip a lot and write a lot, pays you through this trading platform. The reason that we are going to use this platform is because it has a earn feature, contacts and more, oh and very low trading fees. The thing that you do need to do first to get trading is sign up for KuCoin. Now once you sign up and everything the thing that you need to do is deposit some funds to trade. Now you can either deposit the free crypto(HIGHLY RECOMMENDED), or the payed crypto. Once the transaction is confirmed you need to go and set a trading pin. You can do this by going into account security then click on change trading pin. Now since your account is new you dont have one. So set it then go under the menu trading --> spot trading. Once your here you might be a bit overwhelmed by all the numbers, but trust me they are super simple to understand. All of the numbers that are small are the orders that people are placing, and those dont matter, but the numbers that do matter are the big ones. Those are the numbers that say what the crypto is worth and how much it costs to buy and sell. Now to actually start trading you will see 2 forms at the bottom and one is for selling and buying. Now there are 2 types of trading, limit and market. Market tells the system to sell when bots think the market is a good price and LIMIT selling is manual which is WAY more profitable. So to sell using limit there will be 2 bars you need to fill out, one that typically says USDT at the top and the crypto that you are trading at the bottom. The USDT bar is the limit of when to buy/sell. The bottom bar is the amount of crypto that you want to buy/sell when that amount is reached. When you fill those in you really want to buy when the price of the crypto is low and sell when the price of the crypto is high. That will get you tons of crypto in no time. Thank you for reading and if you still have questions go to FinBolds learning guide for trading.
