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 ?
As it was mentioned here that if you need to buy cryptocurrencies then use coinmama, but if you want to exchange crypto to crypto then the best way would be using aggragators like coinmonkey.io - no need to register and exchange is really fast