Cryptocurrencies types
Bitcoin:
v Fast peer-to-peer transactions
v World wide payments
v Low processing fees
Can you buy Bitcoin coins?
To buy cryptocurrencies, you’ll need a
“WALLET”-an online app.That can hold your currency.Generally you create an
account on an exchange, and then you can transfer real money to buy
cryptocurrencies such as Bitcoin or Ethereum.
Ethereum:
How do i buy Ethereum?
1)
Identify a platform for trading.
2)
Create an account.
3)
Deposit currency.
4)
Begin trading
5)
Withdraw ETH into a wallet.
Binance coin:
The Binance (BNB) coin is
the Binance exchange platform cryptocurrency .The coin has attracted interest
lately. Binance is now largest cryptocurrencies exchange in the world. Learn
all you need to know about Binance (BNB) coin.
How to buy the binance (BNB) coin?
To buy the Binance coin some step should be
proceed.
Step 1:Create an account on Binance.
Step 2:Enable the 2 factor authentication(2FA).
Step 3:Account verification.
Step 4:Deposting your coins to Binance.
Step 5:Exchanging the coins.
Tether:
Tether tokens, which were
developed by the crypto exchange Bitfinex, started trading in feb 2015. It
launched as realcoin in july 2014 and was later renamed as Tether.Tether is
presented by USDT. These are US dollars and Euros.This makes it a less valatile
and safer option for first time crypto investors.
How to buy Tether?
You can buy Tether with the coinbase app
anywhere coinbase is available.
· Create a coinbase acount.
· Add a payment method.
· Start a trade.
· Select tether from the list of assests.
· Enter the amount you want to buy.
· Finalize your purchase.
Solana:
Solana is a public blockchain
platform.Its internal cryptocurrency is SOL.It is a decentralized blockchain
built to enable scalable, user-friendly apps for the world.Solana is an
open-source project currently run by Solana fundation based in Geneva.Solana is
much faster of number of transations it can process and lower transation fees
compared to rival bloclchains like Ethereum.
How to buy Solana?
ü Create a coinbase account.
ü Add a payment method.
ü Start a trade and press....
ü Select solana .
ü Enter the amount you want to buy long-term or short-term..
ü Finalize your purchase.
USD
coin:
USD coin (USDC) is a digital
stablecoin that is pegged to the United States Dollar. USDC is issued by a
private entity and should not be confused with a central bank digital currency
(CBDC).It is represented by the symbol $ or U$$ to differentiate it from other
dollar-based currencies.
How to buy
USD coin:
· Open an account on an
exchange that supports USDC...
· Deposit funds into your account...
· Buy USD coin
XRP:
Ripple is a money transfer network
designed services industry.XRP,a cryptocurrency tailored to work on the ripple
network. As a Dec 2021, XRP is the eighth-largest cryptocurrency,with a market cap of around $40 billion.
How to buy XRP
(Ripple) in India:
· Create an account on exchange that has a XRP USD pair.
· Check the list exchanges that meet criteia.
· Coinbase often best XRP exchange to its customers
· Choose where to buy XRP in best places.
· Registering on an exchange add your payment method.
· Once the payment method is clear you can withdraw coins in your
wallet.
Cardano:
It is a block chain platform for
change maker, innovators & visionaries, with the tools & tecnologies
required to create possibilty for the many as well as the few & bring about
positive global chane.
It is a
open-source & decentralized, with consensus achieved using proof of stake.
It can faciliate peer-peer transactions with its internal cryptocurrency.
About Cardano:
§ Founded in the-2015.
§ Founder-Charles Hoskinson.
§ Intial release date:2017.
§ Developer:Cardano foundation,IOHK, EMURGO
§ Active hosts:4672.
§ Stable release:1.33.3/7 January 2022.
§ License:Apache license.
§ Programming language:haskell.
How to buy Cardano:
· Create a coinbase account.
· Download the coinbase app & start the sign up process
· Add a payment method.
· Start a trade.
· Select Cardano from the list of assets.
· Enter the amount you want to buy.
· Finalize your purchase.
Polkadot:
Polkadot is an open source,
blockchain and cryptocurrency that allows for distributed computing.The
protocol was adopted by the Ethereum co-founder Gavin Wood and is developed by
the Web 3 Foundation with the initial implementation by Parity Tecnologies.
How to buy Polkadot:
Ø Download the coinbase app
Ø Start and Sign up process...
Ø Create a coinbase account.
Ø Add a payment method.
Ø Start a trade.press....
Ø Select Polkadot from the
list of assests.
Ø Enter the amount you want to buy....
Ø Finalize your purchase.
Avalanche:
Avalanche is a smart contract-capable blockchain platform focused on
transaction speed, low costs, and eco-friendliness.....Avalanche is represented
as AVAX, the native token smart contract platform.It hit on Sunday all-time high,
briefly making it one of the top 10 crptocurrences by market value.
How to buy Avalanche:
o
Open an account on exchange that
supports AVAX.
o
Select popular options.
o
Give required information, such
as(email id, phone number, etc..),
o
Deposit funds into your account....
o
Buy Avalanche.
Dogecoin:
Dogecoin is a peer-peer cryptocurrency that was started as a “Joke” by
two software engineers Billy Markus and Jackson Palmer in 2013.It’s considered
an altcoin and an almost sarcastic “Meme coin”.Dogecoin has the image of a
Shiba Inu dog as its logo.
How to buy Dogecoin:
o
Set up your account on crypto exchanges
that supports Dogecoin.
o
It allows the users Buy, Sell or trade
in Dogecoin.
o
Invest in it.
o
You need to find an exchange track that
record of providing a safe and smooth platform.
Terra:
Terra is an open-source blockchain
platform for algorithmic stablecoins. Terra cryptocurrency project has
benefited from its rising popularity.Terra form labs and its partners have
built apps that operate on the company’s block chain techonolgy that helps keep
a permanent and shared record of the firm’s crypto-related financial
transaction.
How to buy Terra:
1.
Check coinmarket cap to see where you
can buy Terracoin and with which...
2.
Pick a platform to make your purchase.
3.
Make the purchase on your chosen
platform.
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