Tag Archives: exchange

Crypto Thursdays

How to Buy WTC (WaltonChain)

How to Buy WTC

how to buy wtcIt’s yet another Crytpo Tutorial Thursday video. Today’s video is “How to Buy WTC”. If you are unfamiliar with WTC, it is the symbol for the cryptocurrency Waltonchain. WaltonChain is based off of an incredible technology and comes from some of the brightest minds in Korea & China. Asian cryptocurrencies such as IOTA & NEO have seen incredible progress and look for Waltonchain to be coming right behind them. Right now the price of WTC is hovering between $18 to $23, but ultimately it will probably get much closer to what NEO is at… which is well over $100 per coin.

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Extra Crypto Fridays

How to Read a Candlestick Chart in Crypto

How to Read a Candlestick Chart in Crypto

how to read a candlestick chart in cryptoOne of the most important thing for crypto investors to learn how to do is how to read a candlestick chart in crypto. Without knowing how to read a chart, it is impossible for investors to make educated guesses on the movement of a cryptocurrency. One of the most widely used style of charts is the candlestick chart. On this chart, movement is marked by shapes that are referred to as candles & wicks. By looking at a candlestick chart, investors can easily determine the pattern that a coin has been on.

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Extra Crypto Fridays

How to Use Binance – Full Tutorial

How to Use Binance Full Tutorial

how to use binance full tutorialFor last weeks Extra Crypto Friday video, we showed you a full tutorial on how to use the website Coinbase. For today’s video we are going to be focusing on a How to Use Binance Full Tutorial. Many people are very scared to make the jump from Coinbase to Binance or another exchange. If this is a place where you are then you should be commending yourself. Many people stay stuck at the previous step… which is making an actionable step and buying crypto even on Coinbase. Binance can be quite a bit more intimidating than Coinbase, though.

The thing that separates Binance from Coinbase in terms of an intimidation factor is the Markets page. For people who handle their own stock investments, learning to use a crypto exchange is pretty easy because there are a lot of similarities. However, many people interested in investing in cryptocurrency are not well versed in how to read an exchange, charts, volume, etc. For this reason, many people take one look at Binance or another exchange (such as Kucoin) and decide it is too daunting for them to begin. I know personally, when I went to Binance the first time even I was a little intimidated.

But here is my advice to you: Do not be intimidated. Easier said than done, right? Binance is a very easy platform that really only has a few different functions most people ever use. Here are the things you need to know to do on Binance to be able to trade there. Simply learn how to trade, how to deposit, & how to withdraw.

That’s pretty much all you need.

How to Trade on Binance

Trading on Binance is pretty easy. The first thing you need to understand when trading is what a trading pair is. A trading pair is a combination of two coins that you can exchange for one another. The three trading pairs partners you need to know on Binance are Bitcoin (BTC), Ethereum (ETH), & Binance Coin (BNB). To make your initial purchase for BNB, you already need to have BTC or ETH in your account. The reason you need to trade for BNB once you get on the site is because if you keep a few BNB coins in your account then the fees you are charged on exchanges will come out of your BNB coins. Why is this important? The reason this is great is because when you use BNB instead of other coins your fees are cut in half.

how to use binance full tutorial

The exchange platform for Binance is very straight forward. The most important factor when trading is to make sure you choose Limit or Market. When you make a trade on Limit, then you are working on a bidding system and your trades will not go into effect immediately. When working a trade on the Market setting, your trades will go through immediately. If you are planning on day trading then this is very important to understand.

Thanks for reading. To learn more about exactly how to trade on Binance, watch our video, “How to Use Binance Full Tutorial.”

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Crypto Thursdays

How to Buy NEOGAS

How to Buy NEOGAS

how to buy neogasIf you have been paying attention during the latest bear run on the cryptocurrency market, then you have seen a few coins that seemed to be able to take the blows better than other. Three coins that seemed to stand tough during the dip were Waltonchain, NEO, & GAS. Don’t be confused by the title of this article, How to Buy NEOGAS. NEO & GAS are two different tokens, but they are on the same platform. They are attached at the hip. When NEO drops in price, GAS is usually follows the same trend. If NEO goes on a bull run, then GAS is also not far behind. Currently, GAS has been staying at about 30-50% of NEO’s price. So let’s look at the relationship between the two coins.

NEO and GAS both have 100 million tokes as their total possible supply. The thing that separates the two from each other is that NEO cannot be divided. GAS, however, can be divided into smaller shares distributed across the total supply of coins. While I personally do not believe that GAS will ever be able to pass NEO, the ability to divide the coins does make it likely that one day the price of GAS may get much higher than 30% of NEO’s price.

When it comes to choosing NEO or GAS as a coin to invest in, my advice would be to actually make a choice. They are both great coins with strong futures, but since their movements seem to mimic one another, it would be better to invest in only one of the coins. This would allow you to allocate part of your portfolio to other coins with potential. Now that you understand a little about NEO & GAS, let’s look at how to buy NEOGAS.

how to buy neogas

Using Kucoin to Buy NEOGAS

While technically the name of the token we are looking at is NEOGAS, you will most likely only find it under the name GAS on most exchanges. You can buy GAS on many bigger exchanges such as Binance. The exchange we will be looking at is Kucoin. The Kucoin exchange is unique because it offers more options than just trading ETH or BTC for its coins. You can actually trade NEO on this platform (which demonstrates the usefulness of NEO itself).

Before you begin to learn how to buy NEOGAS, you need to be able to get your money on an exchange. The obvious choice is Coinbase. Chances are that if you are looking into how to buy altcoins such as NEO or GAS, that you already have experience with Coinbase. If this is your first time moving your money from Coinbase to an exchange, then welcome to the real crypto world!

On Kucoin, hover over the $ symbol on the top of the page. Then move your cursor down to click on “Deposit”. The default coin to trade with on Kucoin is KCS. This stands for Kucoin shares and is the coin ran by the exchange. Simple click the dropdown to select Bitcoin from the list. Then send your BTC from Coinbase to the Kucoin BTC address you are provided with. From that point, all you need to do is make the actual exchange. To see exactly how this is done, watch the tutorial video, “How to Buy NEOGAS”. It’s a very simple process.

Thanks for reading and good luck with your crypto investments!

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Blog

Exchanging CryptoCurrency with Evercoin

Image result for bitcoin logoIf you haven’t heard of Bitcoin, then you have been living under a rock. Bitcoin has taken the internet world by storm and sparked a cryptocurrency movement. Using blockchain technology, cryptocurrencies are able to be traded all over the world with complete anonymity. While many people have used cryptocurrency to make nefarious purchases on sites such as the shut-down Silk Road, many have found it’s qualities quite useful.

There are so many cryptocurrencies (also called altcoins) popping up seemingly every day. At latest count, there were over 800 different cryptocurrencies you can purchase ranging from the most expensive at over $15,000 to micro coins costing only fractions of a penny per coin. So how can you take advantage of the rise of cryptocurrency?

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