Setting Up Accounts On The Bittrex and Binance Exchanges

 Lesson 11 – Setting Up Accounts On The Bittrex and Binance Exchanges

Cryptocurrency Exchanges

Cryptocurrency Exchanges are the places you go to buy or sell cryptocurrencies. There are many such Exchanges.

Once you transfer Bitcoin into these Exchanges (sent from your Coinbase or GDAX account), you can buy any number of cryptocurrencies. (Note: On some of these Exchanges you can purchase cryptocurrency with FIAT or another major coin such as Ethereum. But I will keep it simple at this point. Most cryptocurrency investors purchase the other currencies with Bitcoin)

In this lesson, I will show you how to get set up with two popular cryptocurrency Exchanges: Bittrex and Binance. Between the two of them, you will be able to buy almost any cryptocurrency you are interested in. This is just to get you started.

As you gain more experience, you may want to join some of the other Exchanges such as CoinExchange, Poloniex, or Kraken.

Signing up with an Exchange is free.

The Next Lesson (Lesson 12): Enabling Two-Factor Authentication On Bittrex and Binance (Check your email tomorrow)