How to get started with crypto?

It’s way easier than it looks

With crypto breaking the news every other day it’s hard to stay unimpressed by the crypto hype. Especially when you don’t have any coins and perhaps think it’s too hard or complicated to get them.

But having cryptocurrencies is not rocket science and you can learn how to have some crypto with mBitcasino’s help!

Here’s the flash course for getting started with crypto:

Let’s dive in!

Step 1. Find an exchange you like.

You’ve finally made the decision to purchase cryptocurrency but don’t know where to start?

To be able to buy, sell, and trade cryptocurrencies, you need to use a cryptocurrency exchange or online brokers. Here’s a list with the most popular cryptocurrency exchanges:

You can also take a look at the top crypto brokers:

Take your time in choosing the right option for you and take into consideration any fees and taxes that the platform issues.

Step 2. Open an account.

Once you’ve chosen an exchange or broker app that fits your requirements, it’s time to open an account.

You can start exchanging fiat for crypto right away, but always keep one rule of thumb in mind:

Never invest more than you can afford to lose.

Step 3. Get a crypto wallet.

Usually, the exchange or broker platform you’ve selected already has a wallet included in the software. But if you plan to have long term holdings, then owning another crypto wallet is the safest route. You can choose from two options:

1. Web wallet (also known as hot wallet) – faster and easier to transaction with, the app can also be installed on any device.

Here’s a list with the most popular web wallets:

2. Hard wallet (also known as cold wallet) – is a small portable device where you can safely store your crypto.

Here’s a list with the most popular hard wallets:

Where can I spend crypto?

Now you’ve got the crypto but what are you going to do with it?

There are plenty of services and products you can purchase with crypto nowadays.

One example is online crypto casinos like mBitcasino!

You can enjoy over 1,000 slots and play with the following cryptocurrencies available: BTC, BCH, LTC, ETH, XRP, USDT, or DOGE.

If you’re not a member yet, then you can sign up for free now. We also have exclusive daily deals and a generous Welcome Package!

There are also various other places you can spend your crypto. Use coinmap to find the vendors and services you can make safe transactions with and enjoy!

As you can see, becoming a crypto owner is easy and straightforward.

Take your first step into the crypto world today!

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