Digital Assets


Coinbase - 

This is a place to exchange USD for some of the more common coins Like Bitcoin, Etherium, Litecoin, Dash.

They are adding more coins as days go by, but if you want different or more rare coins you may have to get your USD into Bitcoin and then move it to an exchange. You'll have to send the crypto coins over the blockchain using a hashed version of the public key. The private key is the security behind your digital asset, don't share this with anyone you wouldn't want to have access to your coin. 

The exchanges peg Bitcoin to the other "altcoins" (altcoins are anything that isn't Bitcoin). The price of the altcoin is actually in Satoshis which takes a little getting used to. 


https://www.coinbase.com/join/larris_z  

Once you get your account set up in Coinbase, you can go to Coinbase pro (same login/account) and the trades are cheaper. https://pro.coinbase.com/ This disadvantage to pro is that you have to put your funds into the account before you can trade in it. 

This is probably an ok place to keep funds, but there is some risk to being on exchanges. If you want to do larger funds I'd highly recommend a wallet. offline hardware wallets are the safest but not necessarily the easiest (I'm battling with firmware updates on mine at the moment). Paper wallets and even online wallets tend to be safer than having the assets on the exchange. 


Free coins! -

https://www.coinbase.com/earn/eos/invite/k98ynq5f 

https://www.coinbase.com/earn/stellar/invite/jgzy9rb8



This is a good site to research the different coins/tokens and their associated projects:

https://coinmarketcap.com/

Comments

Post a Comment

Popular posts from this blog

Job Choices!

Image
 I suppose you could say I got a little overwhelmed at my job the other day, it's hard to manage your time when so much of time management relies on how much a client feels like doing. I was auditing back to back and had projects for the not so spare time. I panicked! At the height of this frustration, I found myself trolling around on Linkedin. Here, I found what looked like a perfect job. Enter Stryker! A Sr Supplier Quality Engineer position with a leader in the field. One of the early interviews was a Gallup interview that instantly felt like a failure and left my confidence in ruin. Turns out, it wasn't that bad and they wanted to go ahead with the team interviews. These went much better and it sounded like they had decided they wanted to hire me based on my resume and qualifications alone. How thrilling! What a compliment! I was even able to get to the offer table without naming a price. The price they came to me with was below what I was currently at so they decided to r...
Read more