GETTING STARTED WITH CRYPTOCURRENCY
What is Cryptocurrency?
Cryptocurrency is a form of payment that can be exchanged online for goods and services. Many companies have issued their own currencies, often called tokens, and these can be traded specifically for the good or service that the company provides. Think of them as you would arcade tokens or casino chips. You’ll need to exchange real currency for the cryptocurrency to access the good or service.
Cryptocurrencies work using a technology called blockchain. Blockchain is a decentralized technology spread across many computers that manages and records transactions. Part of the appeal of this technology is its security.
Read more about how cryptocurrency works on Nerd Wallet
How do I buy cryptocurrency?
Some cryptocurrencies, including bitcoin, are available for purchase with U.S. dollars, others require that you pay with bitcoin or another cryptocurrency.
To buy cryptocurrencies, you’ll need to establish a wallet via an online app to hold your currency. Simply put, create an account on an exchange, transfer money into your account to buy cryptocurrencies such as bitcoin or ethereum.
Coinbase is one of the most popular and trusted cryptocurrency trading exchanges, insuring investments up to $250,000. Coinbase is unique in that you can create a wallet and buy and sell bitcoin as well as the US Dollar and other cryptocurrencies.
How To Create Your Account
- Create your Exchange Account with:
- Deposit funds.
- Create API Keys with a “Trade Only” setting
- Note, Digital Assets Manager cannot accept API Keys with “Withdrawal” option settings turned on. This provides your account with increased safety in securing your investments.
- Choose trading bot settings.
Your account will be activated within 24 hours. Our proprietary dual algorithm trading robot intelligently trades 24/7/365 within a "profit on every trade" setting.
You may view your account’s performance live at any time. To see how our technology works daily, view our Daily Returns.