Post
Topic
Board Altcoin Discussion
Re: Questions about buying, holding, staking altcoins
by
articlecity
on 10/12/2020, 19:49:47 UTC
Hello guys.

I am newbie to the crypto world, and I read a lot of things about it, still I have unanswered questions, hope some of you can solve it for me.

Firstly, I am planning to buy two cryptos (Cardano, and VeChain), but later I plan to buy another ones, like crypto.com coin, RSR, or Zilliqua.

My questions are, that if I will buy it at Binance, should I open account for every crypto, or just one for all? And how about staking these planned cryptos, where should I stake them?

Second thing, that I read something that every crypto has different blockchains, and when I wanna send one of my cryptos to my wallet, somehow it can be loss, because Ethereum can not be send to Bitcoin wallet? In this I totally confused, where I can send, where I can not, how can I lose my coins.

Thanks, best all.
Before buying any coins or investing in this market i suggest you to attain some basic knowledge about how everything works here especially the wallets, blockchains and exchanges. Soon you will be able to understand each and everything and become a good player in the market.