Step 3

How to utilize cryptocurrency?

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Buy and sell cryptocurrency

First investment in cryptocurrency

The first step to start utilizing/investing in cryptocurrency is to buy some. The easiest way to do that is by using a cryptocurrency exchange. Below, you can see the exchanges, we recommend, to buy your first cryptocurrency. There, you can buy cryptocurrency using credit/debit card or bank transfer.

Coinbase

The most ideal option to start out with is Coinbase. This exchange supports several different cryptocurrencies, is incredibly user friendly, and provides relevant news regarding the crypto market. They also offer Coinbase Pro which supports even more cryptocurrencies and has more advanced trading features and graphs.

Coinbase is widely recognized and is the largest cryptocurrency exchange in the United States.
You will get $10 of Bitcoin for free if you use the button above to set up your Coinbase account and buy or sell $100 worth of cryptocurrency through Coinbase within the next 180 days, (6 months).

Crypto.com

Crypto.com is the obvious choice if you want an exchange with even more features. One of the features Crypto.com provides is the option to order a physical Visa card which makes it possible to spend your cryptocurrency deposits in your everyday life. In addition, the Visa card has a wide range of other benefits. Additionally, Crypto.com allows you to earn interest on your cryptocurrency holdings. However, Crypto.com is slightly less user-friendly than Coinbase and many of Crypto.com’s features and benefits require you to invest larger amounts.

Crypto.com is internationally recognized and headquartered in Hong Kong. Crypto.com prioritizes security exceptionally high with ISO/IEC 27701 certification, insurance of funds and more.
You can get $25 for free in CRO Tokens which you can sell/convert to other currencies. You just have to use the button above to create your account on Crypto.com or “swsvuwjjcr” as referral code and buy and
stake A way in which you freeze a quantity of cryptocurrency, (sometimes for fixed periods of time), where you either get paid a dividend regularly or enjoy other benefits until you withdraw your funds.
2500 CRO Tokens on your account which will open up a number of benefits on Crypto.com. If you do not want the benefits, you can sell your 2500 CRO Tokens afterwards.

How to earn cryptocurrency

Simple ways to earn cryptocurrency

Instead of buying cryptocurrency, there is a range of different ways to earn cryptocurrency. Depending on where you live and what you are willing to do, there are many different methods. Below, you can see some recommended simple methods to earn cryptocurrency.

Coinbase Earn

At Coinbase Earn, you can earn a total of $155 in cryptocurrency simply by watching short videos and completing small tasks that helps you understand how different cryptocurrencies work. It takes about an hour in total. After that, you can sell, transfer, or convert your earned cryptocurrency as you want.

You have set up your Coinbase account before you can use Coinbase Earn.
NB
Sometimes, you must wait a while after you signed up at Coinbase before you are eligible to use Coinbase Earn.

Crypto.com Earn

Crypto.com Earn can be found on the Crypto.com app. It provides you the option to earn interest on your cryptocurrency holdings. The interest rates are different for the different cryptocurrencies. The maximum annual interest rate is 18%. Your interest income is paid weekly. With Crypto.com Earn’s high interest rates, you can easily generate a significant interest income.

Brave Browser

Brave is a browser that automatically blocks trackers, cookies, malware, advertisements, and other unnecessary data to make your internet experience faster, safer, and more private. Thereby, you are better protected and avoid all advertising on the Internet, including video ads, e.g. on YouTube and Facebook.

The Brave Browser has a feature called Brave Rewards. Enabling this feature will allow Brave to display advertisements that do not compromise your privacy. (Not collecting data about your web activity, location, etc.). In return, you are rewarded with the cryptocurrency Basic Attention Token (BAT).

You can sell/convert BAT on Coinbase and other exchanges that supports BAT.
Brave supports Android/IOS, Windows/Mac, and all Google Chrome Extensions.
Support us by downloading the Brave Browser using the button above.

Transfer and store cryptocurrency

Cryptocurrency addresses

Where cryptocurrency is stored is called an
address All cryptocurrency is stored on an address. An address consists of a private key, (to send funds), and a public key, (to receive funds). You are the owner of the address, (and the funds), if you have the private key.
. All the
addresses All cryptocurrency is stored on an address. An address consists of a private key, (to send funds), and a public key, (to receive funds). You are the owner of the address, (and the funds), if you have the private key.
are stored on the blockchain of the cryptocurrency’s network. An
address All cryptocurrency is stored on an address. An address consists of a private key, (to send funds), and a public key, (to receive funds). You are the owner of the address, (and the funds), if you have the private key.
consists of a private key, used to send funds, and a public key, used to receive funds. These two keys consist of a series of random numbers and letters. If you have your private key, you can always recover your public key but not the opposite. In other words, your private key gives you access to the funds stored on the
address All cryptocurrency is stored on an address. An address consists of a private key, (to send funds), and a public key, (to receive funds). You are the owner of the address, (and the funds), if you have the private key.
.
Example of a Bitcoin address

Different types of wallets

You can store your private keys in a
wallet A kind of account where you store your cryptocurrency (addresses). It fundamentally consists of private keys, (to send funds), and public keys, (to receive funds). There are many types of wallets with different kinds of attributes and security measures.
. A
wallet A kind of account where you store your cryptocurrency (addresses). It fundamentally consists of private keys, (to send funds), and public keys, (to receive funds). There are many types of wallets with different kinds of attributes and security measures.
can be on the internet, an app on your phone/computer, or a piece of
hardware The physical parts of electronics that operate on digital signals. (Digital electronics consists of software(data) and hardware(physical components).
. You can send your funds, (make transactions), if your
wallet A kind of account where you store your cryptocurrency (addresses). It fundamentally consists of private keys, (to send funds), and public keys, (to receive funds). There are many types of wallets with different kinds of attributes and security measures.
is connected to the Internet. You can also store your private keys physically, like on a piece of paper, and then put your private keys into a
wallet A kind of account where you store your cryptocurrency (addresses). It fundamentally consists of private keys, (to send funds), and public keys, (to receive funds). There are many types of wallets with different kinds of attributes and security measures.
connected to the Internet when you want to send funds.

Secure cryptocurrency storage

If you store your cryptocurrency on an exchange like Coinbase, then the exchange stores the funds for you. Thereby, you do not have access to the private keys of your funds yourself and therefore it is technically not yourself who is in possession of your cryptocurrency.

It is an easy but riskier way to store cryptocurrency. There have been cases of people losing their funds because of exchanges being fraud, hacked, or shut down. (However, it is a minimal risk and has never happened before with the exchanges we recommend).
In addition, storage on exchanges can be a disadvantage in terms of privacy if you want to keep information about your cryptocurrency holdings private as exchanges can disclose your information, (e.g. to authorities).

If you store your cryptocurrency long term, it is important to store it safely.

Ledger Nano

The most ideal way of storing your cryptocurrency is by using a
hardware wallet A physical electronic wallet generally considered the most secure way to store cryptocurrency. You cannot even lose your funds if your hardware wallet is stolen or damaged as long as you have your recovery phrase/key.
. We recommend Ledger Nano
hardware wallets A physical electronic wallet generally considered the most secure way to store cryptocurrency. You cannot even lose your funds if your hardware wallet is stolen or damaged as long as you have your recovery phrase/key.
. They have the highest security standards and supports more than 1250 different cryptocurrencies.

Ledger Nano comes with the app Ledger Live for Android/IOS and Windows/Mac. The app gives you a nice overview of your portfolio stored on your Ledger Nano and enables you to send and receive cryptocurrency if you connect the Ledger Nano to your mobile device or computer using a cable or Bluetooth.

Ledger offers free shipping worldwide.
Support us by purchasing a Ledger Nano using the button above.

The End

Thank you for using our guide

Follow us on Facebook where we will update you with exciting news about Into The Coins and the cryptocurrency market. Feel free to give us a review.
If you have any questions, please email us at support@intothecoins.com

Spread the message

Tell family and friends about Into The Coins. Then they can learn about this new exciting and profitable market too.
Copyright © 2020 Into The Coins
Email: support@intothecoins.com

The information contained herein is for informational purposes only.
Nothing herein shall be construed to be financial advice.
Take this information and do your own research.
Follow us on Facebook

How to utilize
cryptocurrency?

Buy and sell cryptocurrency

First investment in cryptocurrency

The first step to start utilizing/investing in cryptocurrency is to buy some. The easiest way to do that is by using a cryptocurrency exchange. Below, you can see the exchanges, we recommend, to buy your first cryptocurrency. There, you can buy cryptocurrency using credit/debit card or bank transfer.

Coinbase

The most ideal option to start out with is Coinbase. This exchange supports several different cryptocurrencies, is incredibly user friendly, and provides relevant news regarding the crypto market. They also offer Coinbase Pro which supports even more cryptocurrencies and has more advanced trading features and graphs.

Coinbase is widely recognized and is the largest cryptocurrency exchange in the United States.
You will get $10 of Bitcoin for free if you use the button above to set up your Coinbase account and buy or sell $100 worth of cryptocurrency through Coinbase within the next 180 days, (6 months).

Crypto.com

Crypto.com is the obvious choice if you want an exchange with even more features. One of the features Crypto.com provides is the option to order a physical Visa card which makes it possible to spend your cryptocurrency deposits in your everyday life. In addition, the Visa card has a wide range of other benefits. Additionally, Crypto.com allows you to earn interest on your cryptocurrency holdings. However, Crypto.com is slightly less user-friendly than Coinbase and many of Crypto.com’s features and benefits require you to invest larger amounts.

Crypto.com is internationally recognized and headquartered in Hong Kong. Crypto.com prioritizes security exceptionally high with ISO/IEC 27701 certification, insurance of funds and more.
You can get $50 for free in MCO Tokens which you can sell/convert to other currencies. You just have to use the button above to create your account on Crypto.com or “swsvuwjjcr” as referral code and buy and stake[1] 5000 CRO Tokens on your account which will open up a number of benefits on Crypto.com. If you do not want the benefits, you can sell your 5000 CRO Tokens afterwards.

How to earn cryptocurrency

Simple ways to earn cryptocurrency

Instead of buying cryptocurrency, there is a range of different ways to earn cryptocurrency. Depending on where you live and what you are willing to do, there are many different methods. Below, you can see some recommended simple methods to earn cryptocurrency.

Coinbase Earn

At Coinbase Earn, you can earn a total of $155 in cryptocurrency simply by watching short videos and completing small tasks that helps you understand how different cryptocurrencies work. It takes about an hour in total. After that, you can sell, transfer, or convert your earned cryptocurrency as you want.

You have set up your Coinbase account before you can use Coinbase Earn.
NB
Sometimes, you must wait a while after you signed up at Coinbase before you are eligible to use Coinbase Earn.

Crypto.com Earn

Crypto.com Earn can be found on the Crypto.com app. It provides you the option to earn interest on your cryptocurrency holdings. The interest rates are different for the different cryptocurrencies. The maximum annual interest rate is 18%. Your interest income is paid weekly.

With Crypto.com Earn’s high interest rates, you can easily generate a significant interest income.

Brave Browser

Brave is a browser that automatically blocks trackers, cookies, malware, advertisements, and other unnecessary data to make your internet experience faster, safer, and more private. Thereby, you are better protected and avoid all advertising on the Internet, including video ads, e.g. on YouTube and Facebook.

The Brave Browser has a feature called Brave Rewards. Enabling this feature will allow Brave to display advertisements that do not compromise your privacy. (Not collecting data about your web activity, location, etc.). In return, you are rewarded with the cryptocurrency Basic Attention Token (BAT).

You can sell/convert BAT on Coinbase and other exchanges that supports BAT. Brave supports all Chrome Extensions.
Support us by downloading the Brave Browser using the button above.

Transfer and store cryptocurrency

Cryptocurrency addresses

Where cryptocurrency is stored is called an address[2]. All the addresses[2] are stored on the blockchain of the cryptocurrency’s network. An address[2] consists of a private key, used to send funds, and a public key, used to receive funds. These two keys consist of a series of random numbers and letters. If you have your private key, you can always recover your public key but not the opposite. In other words, your private key gives you access to the funds stored on the address[2].
Example of a Bitcoin address

Different types of wallets

You can store your private keys in a wallet[3]. A wallet[3] can be on the internet, an app on your phone/computer, or a piece of hardware[4]. You can send your funds, (make transactions), if your wallet[3] is connected to the Internet. You can also store your private keys physically, like on a piece of paper, and then put your private keys into a wallet[3] connected to the Internet when you want to send funds.

Secure cryptocurrency storage

If you store your cryptocurrency on an exchange like Coinbase, then the exchange stores the funds for you. Thereby, you do not have access to the private keys of your funds yourself and therefore it is technically not yourself who is in possession of your cryptocurrency.

It is an easy but riskier way to store cryptocurrency. There have been cases of people losing their funds because of exchanges being fraud, hacked, or shut down. (However, it is a minimal risk and has never happened before with the exchanges we recommend).
In addition, storage on exchanges can be a disadvantage in terms of privacy if you want to keep information about your cryptocurrency holdings private as exchanges can disclose your information, (e.g. to authorities).

If you store your cryptocurrency long term, it is important to store it safely.

Ledger Nano

The most ideal way of storing your cryptocurrency is by using a hardware-wallet[5]. We recommend Ledger Nano hardware-wallets[5]. They have the highest security standards and supports more than 1250 different cryptocurrencies.

Ledger Nano comes with the app Ledger Live for Android/IOS and Windows/Mac. The app gives you a nice overview of your portfolio stored on your Ledger Nano and enables you to send and receive cryptocurrency if you connect the Ledger Nano to your mobile device or computer using a cable or Bluetooth.

Ledger offers free shipping worldwide.
Support us by purchasing a Ledger Nano using the button above.

The End

Thank you for using our guide

Follow us on Facebook where we will update you with exciting news about Into The Coins and the cryptocurrency market. Feel free to give us a review.
If you have any questions, please email us at support@intothecoins.com

Spread the message

Tell family and friends about Into The Coins. Then they can learn about this new exciting and profitable market too.
Glossary
[1]stake
A way in which you deposit a quantity of cryptocurrency, (sometimes for fixed periods of time), where you either get paid a dividend regularly or enjoy other benefits until you withdraw your funds.
[2]address
All cryptocurrency is stored on an address. An address consists of a private key, (to send funds), and a public key, (to receive funds). You are the owner of the address, (and the funds), if you have the private key.
[3]wallet
A kind of account where you store your cryptocurrency (addresses). It fundamentally consists of private keys, (to send funds), and public keys, (to receive funds). There are many types of wallets with different kinds of attributes and security measures.
[4]hardware
The physical parts of electronics that operate on digital signals. (Digital electronics consists of software(data) and hardware(physical components).
[5]hardware-wallet
A physical electronic wallet generally considered the most secure way to store cryptocurrency. You cannot even lose your funds if your hardware wallet is stolen or damaged as long as you have your recovery phrase/key.
Follow us on Facebook
Copyright © 2020 Into The Coins
Email: support@intothecoins.com

The information contained herein is for informational purposes only.
Nothing herein shall be construed to be financial advice.
Take this information and do your own research.
Updated July 26th, 2020
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