How to Buy Cryptocurrency for Beginners in 2021

We are going to explain you how to buy Cryptocurrency most easily.

1. Important thing to understand before investing in Cryptocurrency

There are many cryptocurrencies like Bitcoin, Ethereum, Litecoin, EOS, and many more in the Crypto world.

We guide you on how to buy Cryptocurrency secure and safe. We know that technology is complex, and Cryptocurrency is a new technology many people don’t know. Some people know, but they don’t know the necessary information related to Cryptocurrency. 

Important thing to understand before investing in Cryptocurrency

Here we guide you all the stuff about Crypto, i.e., How to buy Cryptocurrency. When you invest money in Crypto, if you don’t know how to start, else if you started and make an error, you can contact us through the Ask section on the menu, and we will help you solve the queries as soon. 

In the Crypto, there is no customer care support when you stuck your fund. There is no Address, you can reach out to contact when you lost your funds. In Crypto, when you invest, there is no security of your fund. If you don’t know technically regarding Crypto, you can lose all your funds anytime from a user’s error or hackers.

No need to worry; here, we guide you step by step to buy and sell, receive and send, and store your Crypto safely. Cryptocurrency is highly volatile, so only invest if you can afford to lose. High volatility can give you more profits, which you can’t think of but also get your fund zero. Before investing in Crypto, first believe that if the whole fund gets Zero, there no worry about that fund. Crypto is more volatile and unpredictable than the stock market. Crypto is open 24/7, so if you want to get restful sleep as a Crypto investor, you can budget the amount of money you can afford to lose. 

Now you are familiar with the basics of Cryptocurrency. Let’s start the Crypto journey; before starting, make sure you click on the guide’s links to safely access the correct websites.

2. Save your Crypto stuff

Upload your Crypto stuff in your google drive with password protection and make sure that Gmail has Two Factor Authentication. It is the safest way to keep all of your information private and secure.

Use your Google Drive to store all of your password, login details, and other sensitive information regarding your Crypto wallets and exchanges. Never store your password or login details online with a password manager on your smartphone, laptop, or any other device connected to the internet. 

In Tech Industries, there are many hackers to steal your funds. Don’t use a notebook or diary to store your passwords or login details, and this has a risk like lost your notebook, damage, or any other crypto problems. 

3. Create a strong password for your Crypto Exchange

When you set a password, most are setting a straightforward password that may guess by anyone. So make a strong password of the Alphabets, Numeric, and special character, which can make your password unique and robust.

Hackers do not have time to guess your passwords. They run a program that automatically runs through vast databases of common passwords and random combinations of characters.

To protect yourself from this everything, you need to make a very long password containing Alphabet, Number, Capitalize word and special characters.

Examples:

  • !Bit@co&in
  • 2nioctib@
  • S@H1tus%3
  • A@m@&1@2T@
  • e$c2$33Hrx
  • tr23#230

Don’t use an online site to generate a password. It would be best if you never allowed your browser to save your passwords. That’s why we recommend only store your password in google drive with a password protective file with 2-FA. 

4. Create a security password for your Crypto Exchange

people can easily find out your general information like mother name, father name, favorite website, favorite movie, etc

Choose a security question that no one can easily guess an answer. 

Some question like:

  • What is the first name of your best friend in high school?
  • What is your pet’s name?
  • In what year was your father born? 
  • In what year was your mother born? 

Are easy to guess from your social media profile. The security question is the high number of possibilities to think the answer—the great way to create a security question the solution. Select a question that you can’t have, like the question, what was the name of your first pet? If you don’t have a pet so you can easily create a pet name that you remember for a long time.

For example, Hermione, DarthVader, Bilbo, etc. it can be anything according to your choice don’t keep a common name like in Unites States Dog name Bella, Charlies, Lucky, Max, Cooper In India, Browny, Baloo, Rocky, TigerIn Japan, Aki, Akira, Amaya, Emi. You can also create a fake answer to security questions. So you can create your own that no one can guess. 

5. Secure your device

When you online, you visit many websites whether you don’t know that websites are safe. There are more chances that you go to the phishing sites which will collect your info and have high possibilities that your Crypto will lose.

Clear your browsing history in a week or whenever you got time. If your transaction is high in Crypto, we strongly recommend you to use Antivirus. There are many free Antivirus which you use safely. After installed the Antivirus, you must scan junk files, clean securing processor, or a lot of security with Antivirus. You must ensure that your device is secure and free from malware before you start buying Cryptocurrency.  

6. Create a secure Email id for buying a Crypto

The email is vital for transactions in Cryptocurrency. If you have one email id that knows by many people that is not safe for financial transactions. Yeah, I have an idea that helps you a lot. You can create two email IDs; one is for general work purposes like social media, official work, or all the work required except financial position. The Second is for only financial work like a bank transaction, Crypto transaction, or any financial activity. We highly recommend you make only Gmail Account that is secure online. 

7. Secure your Crypto with Two Factor Authentication 

2-FA is an extra layer of security that is most important to set up before investing in Cryptocurrency. When you are accessing your account, you require a 2FA code that will generate randomly on your 2-FA Authentication mobile app. these codes frequently change every 20 to 30 seconds.

So no one will be capable of accessing your account except you or without your permission. In email id, Authentication is essential. You can set the mobile number that sends an OTP or Authentication app that accepts.

8. Store your Crypto in a Hardware wallet

A hardware wallet is one of the safest ways that secure your Cryptocurrency, but most people never do it. Because this device costs money. When you invest a high amount in Cryptocurrency, then it will benefit you. If your investment is small, then you can skip this step. 

9. Buy the Cryptocurrency From Trusted Exchange

Congratulation, you are now qualified to start buying Cryptocurrency securely and reliably. 

In this, we show you how to buy and sell Cryptocurrency with a credit card, debit card, ATM. This guide will show you how to create accounts with exchanges and afterward how to buy, sell, send, receive, and store Cryptocurrency. 

In the Crypto worlds, there are many Crypto Exchange are present, so many of are confuse about wherefrom to buy the Crypto.

We strongly recommend you buying Cryptocurrency from Coinbase, Binance, Crypto.com, the safest and easiest exchange for beginners. 

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