Crypto beginner? No worries.

We at WijCryptonairs got your back and we’ll be around after as well to get you the tastiest trading and investment tips on cryptocurrencies. We cover a wide range of crypto coins!

Crypto beginner? New to cryptocurrencies? Not entirely super sure yet what bitcoin and Ethereum actually are? No problem. We’ll get you started here with some of the practical basics. For analysis, both technical and fundamental, we happily refer you to our Crypto Deep Dive section in the header.

Our readers often ask us to guide them a bit during their quest as a beginner cryptocurrency investor. For many this indeed is something new and it all has a touch of seemingly complex stuff buzzing around it. At first sight that may be true, but actually, it is all quite straightforward. That is why we decided to write a simple step-by-step plan in this article that you can easily follow to set up your first must-haves. This way you can quickly get started as a crypto-investor and become a real cryptonian;). Lots of fun and even after this post, we remain at your disposal to help you out with analyses and much more. Simply follow us on one of our social media channels and ask away.

STEP 1: Create an account on a platform where you can buy the larger crypto coins against Euro or Dollar

 

In order to get started as an investor in crypto coins, you first need an account on a dedicated platform where one can buy the larger crypto coins such as Ethereum and Bitcoin with your fiat money (Euro, USD, Yen, …). These are platforms that are mainly focused on pairing between the large crypto coins and your direct fiat money. WijCryptonairs recommend Coinbase, as it is one of the largest platforms in the world. In this article we explain briefly how to create an account.

1. Proceed to the following link: https://www.coinbase.com/join/5a3d0c9b279db104e06d84e0

 

2. Enter your first name, last name, e-mail and password.

 

3. Tickmark the box to prove that you are not a robot (“I’m not a robot”) (sometimes you get an extra question to confirm). Also check that you are over 18 years of age (“I certify that I am 18 years or older”) and then, click on “Sign Up”:

 

4. On the next screen you will be asked to verify your mail (Verify your e-mail). If you have not received an e-mail, you can ask Coinbase to send a new one by clicking on the “Email did not arrive?” Link at the bottom of the page.

 

5. Open your coinbase account/e-mail to verify your e-mail address. Click on “Verify Email address”.

 

6. Once your e-mail address has been verified, you should enter your phone number so that Coinbase can send you a verification SMS with a confirmation code.

 

7. Enter the verification code that you received via SMS and click on “Submit”.

 

8. Once you entered the code, you already have access to your home page. But we are not there just yet!

 

9. If you scroll down you can see that you still have to verify your identity (“Verify your identity”) and choose a payment method (“Add a payment method”). First click on the link “Verify your identity”

 

10. On the following screen you will see that there are several possibilities to verify your ID. WijCryptonairs recommend to choose “Photo ID” (click on the link Photo ID).

 

11. You then get the choice to take a photo of your ID. WijCryptonairs recommend to do so via Mobile Camera. Click on the “Mobile Camera” link.

 

12. You will see a screen of how to take a picture of your ID. Take a picture of the front and back of your ID with your smartphone and then click the “Continue” button.

 

13. After clicking on “continue” you will receive an SMS with a link where you can upload your photos. You will see the following message on your desktop screen. So take your smartphone and open your coinbase message.

 

14. In the message you just received, click the link under “To verify your identity, upload photos or your ID here”.

 

15. On the next screen you can upload the photos of the front and back of your ID.

 

16. Once the photos of the front and back of your ID are uploaded, simply click on the button “Complete Verification”.

 

17. The photos have been uploaded and you can now return to your desktop screen.

 

18. On your laptop you will see that Coinbase is busy verifying your ID. This can take a few days. You will receive an email once that has happened.

 

19. As soon as you have received an e-mail confirming that your ID has been verified, you still have to choose how you want to buy those precious Ethereums or Bitcoins (via Mastercard / Visa or debit card). Therefore click on “Add a payment method”.

 

20. Here you can pick your preferred choice and fill in the necessary information (of course, because of our own security measures, we will not show our details here). But, the procedure is quite easy and straightforward.

 

STEP 2: BUY ETHEREUM OR BITCOIN AS A BASIS FOR BUYING OTHER CRYPTOCURRENCIES (SO-CALLED “ALTCOINS” OR ALIKE) 

 

Once you have created an account on coinbase you can buy the largest and most commonly known base crypto coins for direct investment, or for buying other “altcoins” with them. But how can you do that?

1. Click on the “Buy / Sell” submenu. Choose what you would like to buy (here Bitcoin) and enter for how many euros or dollars. Then click “Buy Bitcoin Instantly”).

 

Et voilà, you are now ready to start your big quest as a crypto investor. Now you can send your bitcoin or Ethereums to a crypto exchange such as Bittrex, Binance, BitFinex, KuCoin, Huobi, Kraken, and you can start trading like a future crypto whale!

  • Best to start at Binance: Enter Binance via this link and get some free trades: https://www.binance.com/?ref=18818908

 

Best regards and happy crypto investing,
Wij Cryptonairs

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