As with the evolution of the personal computer and then the Internet, it seems inevitable that we are heading towards a decentralized world using Blockchain technology (a.k.a Cryptocurrencies or Crypto). I personally think the adoption of these technologies will change the way this world operates for the better. More power to the people… not corrupt Governments! These are exciting times with major companies around the world seeing how they can adopt this technology to solve a wide variety of problems.
I began investing in Crypto around the middle of 2017 (using the Coinbase trading platform) when prices were starting to reach the moon before its one-way voyage to Mars and crash landing in January 2018. I didn’t sell my coins when prices hit peak levels at the end of December 2017 because I strongly believe each of my investments are future technologies that will help solve current global.
Coinbase was and still is one of the easiest and most trusted ways for first-time buyers to start investing in Crypto. Its simple interface aims to make it easy for first-time buyers to purchase bitcoins.
Coinbase allows you to securely buy, store and sell cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin and, as of 25th February 2019, announced that it will be adding Ripple XRP to its platform.
Coinbase accepts the following payment methods:
- Wire transfer
- Credit cards
- Debit cards
Coinbase supports 30+ countries. The payment methods available depend on your country.
It is still early days in the world of Crypto(wild wild west!), so once you buy your coins from Coinbase or any other exchange, I highly recommend that you transfer them into a hardware wallet.
Always get educated yourself by doing your research before investing and checking out this Bad Crypto podcast for an insight into the future of Crypto.
See the chart below for the current top 10 coins: