How To Get Involved With Blockchain & Cryptocurrencies For GAINS
Beginner’s Guide #1: Fiat/Crypto Exchange, Crypto Savings Account, Crypto Visa Card, & Crypto Wallet
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With all of the uncertainties about inflation and the extra printing of USD, it’s important to diversify with Gold/Silver (free guide) and Cryptocurrencies.
This article is going to focus on how to get involved with blockchain & cryptocurrencies.
If you have any questions, ask them in the comments section located below.
Below, I am going to show you step-by-step how to get the 4 following things you need to get involved with blockchain/crypto and see GAINS:
- Place to buy and sell crypto with and for Fiat.
- Insured Crypto savings account that pays you 2%-16% interest on your balances.
- Crypto “checking account” that has a crypto funded VISA debit card for everyday spending.
- Multi-Cryptocurrency wallet for security and other uses…
But first, think of all the achievements you have accomplished…
You didn’t know exactly how those successes would manifest.
BUT you did something most other people don’t do. That is learn AND act.
Your achievements required you to learn something new and within the proper time, you acted.
We live in a brief window of time where you can earn big with blockchain/crypto.
Even though Bitcoin (BTC) has hit +$30K-$40K, it is not too late, this is just the beginning. Mass adoption has yet to hit and blockchain is still ground level.
As a result, learning how to get involved with blockchain & cryptocurrencies is crucial.
How Do I Get Started?
How Do I Adopt Blockchain & Crypto?
Which Companies Do I Need To Get Involved With?
It’s simple, follow the steps below in consecutive order:
- Step 1: Find Places To Buy & Sell Crypto in your country’s currency.
- Step 2: Get Crypto Savings Account(s) that pays you 5% interest.
- Step 3: Get Crypto “Checking Account(s)” with a VISA, MASTER Debt/Credit card.
- Step 4: Get Crypto Wallet(s) to store all of your major cryptocurrencies and altcoins in the most secure manner.
Follow Each Step One At A Time And Proceed To The Next Step
Step 1: Find Places To Buy & Sell Crypto (Fiat Exchanges)
To begin with, you need a place to buy and sell cryptocurrencies for Fiat (USD).
For US Citizens I recommend eToro and/or Coinbase because they allow you to go back and forth from fiat and crypto and crypto to fiat on all the mainstream cryptocurrencies.
Both are good but I prefer Coinbase, see why below.
If you want to trade a wide variety of currencies go to Beginner’s Guide #2.
1.) eToro is a great place to buy and sell crypto with and for fiat currencies.
You can manage your portfolio and exchange/trade between different currencies.
Moreover, you can follow professional traders and set your trading account to trade when they do and see large returns.
Furthermore, they have a great community.
You can use this special link to sign up for free and get $50 free upon signup with eToro.
The only problem with eToro is you can’t send your cryptocurrencies to other accounts.
You can only buy and sell crypto back to fiat (USD).
As a result, eToro won’t enable you to go to Step #2.
2.) Coinbase is the best place for US citizens to Buy and Sell Crypto because it does what eToro does, but it’s insured, AND it allows you to send your cryptocurrencies to other accounts (for Step #2).
When you register for Coinbase they give you $5 in Bitcoin (BTC) for free.
But when you use the special link below you will get $10 in Free Bitcoin.
To get your portfolio going, start with something small like $400. A minimum of $100.
Sign up for free with this special link and get $10 USD worth of Bitcoin (BTC) on Coinbase.
Step 2: Get Crypto Savings Accounts
Now that you have purchased at least $100 in crypto on Coinbase it’s time to earn 2%-16% interest on your investment(s).
For US citizens, Celsius and Nexo are my favorites but I like Nexo more, see why below.
1.) Celsius is a great place to earn interest on your crypto holdings. They pay you 2%-16% interest on various currencies.
They also have top of the line security, so it is very safe.
You can get $10 free when you sign up for free with Celsius using this special link.
2 problems with Celsius is it’s not insured and is only available on the mobile app.
2.) Nexo is the only insured crypto savings account that pays 5%-12% interest on your balances. You can withdraw at anytime, no lock-ups.
Furthermore, they have hi-tech security, it also has a $100M custodial insurance policy. As a result, Nexo is an extremely safe, interest rewarding crypto savings account.
Click this special link and create a free account with Nexo and start earning at a minimum of 5% interest.
Nexo also has a credit card coming soon. You can get on the waitlists here. Also, this credit card gives you a credit line limit based on the balances in your NEXO savings account.
Speaking of credit cards, now it is time for Step #3 for your new crypto debit card.
Step 3: Get Crypto “Checking Accounts” With Physical VISA Debit Cards
For everyday debit card usage to spend your crypto practically anywhere, US citizens can use the Blockcard debit card or the Crypto.com debit card.
There are many options out there but these 2 are worth your trust.
I prefer Blockcard and you will see why below.
Try both and see which one you like better.
1.) Crypto.com is a trust worthy crypto debit card and has a lot of interesting reward features plus 1%-8% crypto back rewards on purchases.
Sign up with this special link to get $25 when you sign up for the Ruby Steel Card by loading it with 2,500 CRO tokens/coins.
The problem with the Crypto.com debit card is you have to buy a lot of (CRO) tokens/coin to get rewards.
Moreover, in order to get 5% back on your purchases, you need to have about $15,000 worth of (CRO) (250,000 (CRO)) in your account.
2.) Blockcard is better because you can get up to 6.38% back on all of your purchases.
Sign up with this special link to sign up for free and load at least $100 to your Blockcard get $10 extra added to your balance.
I really like this card and use it for daily life: groceries, gas, coffee, and everything else you can buy with a Visa debit card. But I recommend using it for larger purchases because there are transaction fees. It works flawlessly!
Step 4: Get A Multi-Cryptocurrency Wallet To Store All Of Your Crypto Currencies Securely
There are many crypto wallets out there. The most secure and versatile one is Ledger. Another one I like is MetaMask.
Ledger supports Bitcoin (BTC), Etereum (ETH), Ripple (XRP) & many other major currencies, plus altcoins/tokens on the Ethereum network.
MetaMask is a free Ethereum (ETH) wallet that also supports all of the alt coins (tokens) on the Ethereum network. But does not have a Bitcoin (BTC), Ripple (XRP) or other major currencies.
FYI most cryptocurrencies are on the Ethereum network aka ERC-20 tokens.
For Ledger, I recommend getting the backup pack (image below). It comes with 2 Ledger devices at a fraction of the cost.
You can either use the 2 devices for separate accounts or use them to back each other up for increased security.
Ledger is a cold storage wallet. What that means is it’s impossible to hack and move funds unless you have the device connected to your computer.
Buy with this special link and get the discounted deal on the Backup Pack you see below.
Also sold separately here.
Conclusion: Your Current Finances & Why Adopting Blockchain Technology & Cryptocurrencies Is Important
That’s it for Guide #1! Thank you for learning how to get involved with blockchain & cryptocurrencies.
Proceed to Guide #2 to learn how to earn crypto investment free, and learn to buy, sell, hold, and exchange virtually any cryptocurrency known to man for large profits.
If you completed the steps above you are already ahead of most people.
Before you went through the steps above you most likely only had a traditional bank account that has a savings account and a checking account, or multiple of each.
Your traditional bank is centralized, using web 2.0 digital ledgers which does not have the safety, security and value integrity decentralized blockchain technology has.
Traditional Banks use digital ledgers that are not backed up by immutable time-stamped, unalterable web 3.0 decentralized digital ledger systems and cryptocurrencies.
For more on how to get involved with blockchain & cryptocurrencies go to Guide #2 (Coming soon).