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Crypto Bible — bitcoin exchange

How to buy cryptocurrency?

Posted by Taras Lanchev on

99% of the time people use real (government-issued fiat) money to purchase Bitcoin (BTC). After that, you can use your BTC to buy other, less popular cryptocurrencies often referred to as altcoins. You can use https://cryptoradar.co to find the best crypto prices on the market, but their system only supports a few cryptos and is too simple for my taste. Instead, you can use https://localbitcoins.com which is much better in my humble opinion. Obviously, when you buy BTC you will need a place to store your Bitcoins. The simplest way to store your crypto is to get https://jaxx.io wallet which is a multi-currency wallet available on mobile and desktop...

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Where to check cryptocurrency prices and exchange rates?

Posted by Taras Lanchev on

Cryptocurrency prices are very volatile and a lot of people depend on them. You can use CoinMarketCap to monitor even the slightest volatility in the prices. Let's talk about how it works. 1. Bitcoin Price The home page of CoinMarketCap shows the first 100 cryptocurrencies sorted by the largest market cap at the top. You can see the details of each crypto, such as their: Price; Market Cap; Trading volumes in the past 24 hours; Circulating supply; At the end of the row for each crypto, you will see the change in price in percentage terms over the past 24 hours and...

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How many cryptocurrencies are there?

Posted by Taras Lanchev on

According to the most popular website about cryptocurrencies - the number of available currencies is well above 1000! If you are thinking that's too much to learn, don't worry, not many experts know what comes after the first 100, so you'll be fine learning about the first 10-20. You can check the list of all cryptos, their price and the market capitalisation using this link: https://coinmarketcap.com/all/views/all/

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What is market capitalisation?

Posted by Taras Lanchev on

You also shouldn't worry about words like "market capitalisation" (or market cap for short). This term simply means taking the price of the coin and multiplying it by the number of coins available. 

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Crypto Bible

Posted by Taras Lanchev on

Cryptocurrencies, mining, blockchain - are the trends of today and tomorrow. Somone who doesn't know what those words mean might think you are going insane, but in reality, it's them who are missing out. These words are normally associated with money and good life in general where you will be able to finally try lobsters and buy a yellow Lambo. Because of that, Crypto Daddy has written a Crypto Bible for all those who are just starting to get into the crypto world. This Bible will have everything you need to go from someone who has no idea what crypto is to...

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