Investing in the Crypto Currency market space can be a little daunting for the original investor, as investing directly in Crypto Currency (CC) requires the utilization of new tools and adopting some new concepts. So if you do decide to dip your toes in the forex market, you will want to have a very good idea of how to proceed and what to expect.Investing CC's requires one to choose an Exchange that deals in the merchandise you want to buy and sell, be they Bitcoin, Litecoin, or any of the over 1300 other tokens in play. In previous editions we have briefly described the products and services available at several exchanges, to give you an idea of the different offerings. There are various Exchanges to choose from and they all do things in their own way. Look for things that matter to you, for instance:- Deposit policies, methods, and costs of every method- Withdrawal policies and costs- Which fiat currencies they deal in for deposits and withdrawals- Products they deal in, such as for example crypto coins, gold, silver etc- Costs for transactions- where is this Exchange based? (USA / UK / South Korea / Japan...)Be ready for the Exchange setup procedure to be detailed and lengthy, because the Exchanges generally need to know a lot about you. It is akin to setting up a new bank account, as the Exchanges are brokers of valuables, and they want to be sure you are who you say you are, and that you will be a trustworthy person to handle. It seems that "trust' is earned as time passes, because the Exchanges typically allow only small investment amounts in the first place.Your Exchange could keep your CC's in storage for you. Many offer "cold storage" which simply means that your coins are kept "offline" until you indicate that you want to do something with them. There are several news stories of Exchanges being hacked, and several coins stolen. Think about your coins being in something similar to a bank-account at the Exchange, but remember that your coins are digital only, and that all blockchain transactions are irreversible. Unlike your bank, these Exchanges do not have deposit insurance, so be aware that hackers are always on the market trying everything they can to get at your Crypto Coins and steal them. Exchanges generally offer Password protected accounts, and several offer 2-factor authorization schemes - something to earnestly consider to be able to protect your account from hackers.Given that hackers love to prey on Exchanges as well as your account, we always advise that you use an electronic wallet for your coins. It really is relatively easy to move coins in the middle of your Exchange account as well as your wallet. Be sure to choose a wallet that handles all the coins you want to be investing. Your wallet is also the device you use to "spend" your coins with the merchants who accept CC's for payment. The two types of wallets are "hot" and "cold". Hot wallets have become easy to use but they leave your coins exposed to the internet, but only on your pc, not the Exchange server. Cold wallets use offline storage mediums, such as for example specialized hardware memory sticks and simple hard copy printouts. Using a cold wallet makes transactions more complicated, but they will be the safest.Your wallet provides the "private" key that authorizes all the transactions you wish to initiate. You also have a "public" key that is shared on the network in order that all users can identify your account when involved with a transaction with you. http://xxyy520.com/home.php?mod=space&uid=117601 When hackers get your private key, they are able to move your coins anywhere they want, and it is irreversible.Despite all the challenges and wild volatility, we have been confident that the underlying blockchain technology is really a game changer, and will revolutionize how transactions are conducted in the years ahead.If you are prepared to create a speculative investment into this disruptiv


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Last-modified: 2022-02-21 (月) 19:55:03 (803d)