Hi All,
I am planning to invest in crypto currency hoping that It is not too late
. Please advice me how to proceed for the below purchase.
I am from Germany, planning to buy Etherium, IOTA, Siacoin, Ripple, Cypherium. Each of them of very low volume. totally worth (1000Euro). I dont know how to proceed with this. I made an account in Bitrix and Binance. But they dont allow to transfer money from my local bank to online wallet, how can I send the initial money to buy some coins?
Secondly, these sites require verification, which involves uploading government ID cards, but this is illegal in Germany AFAIK. Dear Germans how did you get around this ?
Thirdly once I get some money into my online exchange accounts, I will buy some BTC, Ripple and Etherium and then exchange BTC for IOTA, Siacoin. Does this plan sound good ? If so which exchange do you suggest me do all these transactions? which is cheaper in terms of transaction fee ? and best rates?
I understand that there is a transaction fee involved if we exchange different coins and also when we transfer it to/from our local wallets on our PCs. So What is the best way to minimize the cost involved ?
I am planning to invest in crypto currency hoping that It is not too late
. Please advice me how to proceed for the below purchase.I am from Germany, planning to buy Etherium, IOTA, Siacoin, Ripple, Cypherium. Each of them of very low volume. totally worth (1000Euro). I dont know how to proceed with this. I made an account in Bitrix and Binance. But they dont allow to transfer money from my local bank to online wallet, how can I send the initial money to buy some coins?
Secondly, these sites require verification, which involves uploading government ID cards, but this is illegal in Germany AFAIK. Dear Germans how did you get around this ?
Thirdly once I get some money into my online exchange accounts, I will buy some BTC, Ripple and Etherium and then exchange BTC for IOTA, Siacoin. Does this plan sound good ? If so which exchange do you suggest me do all these transactions? which is cheaper in terms of transaction fee ? and best rates?
I understand that there is a transaction fee involved if we exchange different coins and also when we transfer it to/from our local wallets on our PCs. So What is the best way to minimize the cost involved ?
which is the purpouse of the investment?
I suggest you to learn more about cryptocurrencies
first you have to buy bitcoins and ehtereum in an exchange, than exchange them for the tokens you want to buy(after you know in which exchange you can buy your token, because not all the exchanges trade all the tokens in the market)