🚨 Remember! 🚨
Investing in cryptocurrency does not guarentee a return and your capital is at risk!
Before you continue you need to be 100% sure that you’re comfortable investing your money that may return nothing.
Become a cryptocurrency investor in no time!
Step 1: Sign up to Coinbase
Coinbase is a trading platform that gives you the ability to buy and sell cryptocurrency. It’s also one of the few exchanges that allow users to deposit money from a UK bank account.
Step 2: Get verified
Coinbase has a few steps to follow that are meant to prevent fraud and money laundering.
Most ID verifications must be completed either through the Coinbase website or the mobile app and it’s usually very quick.
Simply grab your passport or driving license, take a photo with your phone or webcam, and you’re pretty much done.
Step 3: Make a deposit
Before you can start trading, you need to add some money into your account.
Be aware that since Coinbase is in the US, you need to ensure that you check what charges your bank account may have for transactions that are in a different currency.
Start small, just to get a feel for it.
Once you’ve made your deposit, it’s time to buy some coins!
Step 4: Buy some coins
In this case we’re gonna buy some Ethereum. Have a look at the current prices, use CryptoWatch to get an idea of what’s happening.
We recommend Ethereum as a good long-term starting investment. Anytime it’s around or below $700-800 USD then it’s a good buy!
You can also find out more about it’s history at Coinmarketcap.
🎉 Congratulations 🎉
You’re now a cryptocurrency investor!
Be sure to keep checking the value of your invesement, and remember it can go down as well as up.
If you’re feeling extra hardcore, why not contine to the advanced section and learn to diversify your portfolio.