I have a newbie question:
Can someone make a detailed post about how you can buy Yenten?
Like, I'm interested in where to set up an account to send money and purchase cryptocurrencies, and also trade Yenten when it becomes more valuable.
This coin is my first time mining, I've traded stocks before, but I want to know if there's an easy way to trade coins the same way.
I read an earlier post mentioning some exchange was charging $30 USD to trade coins, which is a little high for me.
Any advice or help would be appreciated.
Sure, all you've got to do is sign up for an exchange like Coinbase and link your bank account to get ahold of some Bitcoin and/or Litecoin, if you're an american. Then when you've got your bitcoin/litecoins, make an account on coinsmarkets.com and go to "Wallets" and create a wallet for Bitcoin/Litecoin and withdraw your coins from Coinbase to this address.
When you hear of 30$ fees, you're probably reading about Bitcoin's transaction fees. It's about .005 bitcoin to send any bitcoin transactions nowadays, which is a big expense for alot of people. This is why I suggest using litecoin instead, as the fees are much lower (.001 LTC)