How to Buy Crypto 2020 | Beginners and Students Investing in Bitcoin & Crypto Philippines

Interested in learning where and how to buy cryptocurrencies in 2020? In this video, we’ll be talking about the things you need to know and prepare before you buy cryptocurrencies, the best platforms to buy crypto from, as well as a step-by-step guide on how to buy cryptocurrencies on one of these platforms and withdrawing or transferring it to your wallet.

Take cybersecurity very seriously. In the world of crypto, you are your own bank. There are a lot of people out there who are trying to steal your funds, so take extra precautions in securing your accounts and your funds.

๐Ÿ‘€WHAT TO KNOW AND PREPARE BEFORE BUYING CRYPTO
1๏ธโƒฃ Create a separate email for crypto-related transactions
Keep this email separate from the emails that you give out to people. Only you should know about this email account. While you can create a new Gmail account, you have the option of taking security one step further with Protonmail. It’s an email service that prioritizes privacy and security above everything else.

2๏ธโƒฃ Use strong passwords
Create strong passwords that consists of letters (upper case & lower case), numbers, and symbols. Aim for a minimum of 12-16 characters and don’t reuse your passwords! If you’re having trouble memorizing passwords, you can use a password manager app like Dashlane, LastPass, 1Password, etc.
โžœ Bitwarden: https://bitwarden.com/

3๏ธโƒฃ Cryptocurrency wallets 101
Cryptocurrency wallets give users an interface so that they’re able to interact with their funds on the Blockchain network. Coins never leave the network. They’re only transferred from one address to another. There are three types of Crypto wallets: Software, Hardware, and Paper Wallets. If you’re planning to invest a large amount in crypto, consider purchasing a hardware wallet to level up your crypto security.
โžœ Ledger Hardware Wallet: https://bit.ly/3eRyMpC
โžœ Trezor Hardware Wallet: https://bit.ly/3g33rSB

๐Ÿ‘€WHERE TO BUY CRYPTOCURRENCIES?
1๏ธโƒฃ Coins.ph E-Wallet + Coins.pro Exchange
Similar to GCash or PayMaya, Coins.ph is an e-wallet. One of its special features is that you’re able to buy Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP) through the app.

2๏ธโƒฃ PDAX Philippines
PDAX is a local cryptocurrency exchange that’s working on a number of initiatives to educate Filipinos about cryptocurrencies. As of the filming of this video, they support Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Ripple (XRP).

3๏ธโƒฃPAXFUL
Paxful is a peer-to-peer crypto trading platform. You can only buy and sell Bitcoin on this platform, and I buy most of my Bitcoin here because the prices are competitive.
โžœ Sign-up to Paxful: https://bit.ly/3fIhsF6
Edit (Feb 2021): A better alternative to Paxful is Binance! When I made this video, the P2P facility of Binance wasn’t available yet. Now it is, so instead of Paxful, I recommend you buy crypto from either PDAX or Binance instead ๐Ÿ˜„

4๏ธโƒฃCRYPTO.COM
Crypto.com offers a lot of services to its users, including an exchange, and a crypto debit card. Besides being a place to conveniently buy crypto from, they also have a service called Crypto Earn, through which you can earn interest on your crypto assets.
โžœ Sign up to Crypto.com: https://crypto.com/app/nicolealba or use code “nicolealba” and we’ll both get $25 USD ๐Ÿ˜

โžœ Enjoy your free money ๐Ÿ’ฐโฌ‡๏ธ

๐Ÿš€ Crypto Platforms
– Crypto.com: Get $25 in CRO when you sign-up at https://crypto.com/app/nicolealba or use my code “nicolealba” ๐Ÿ˜
– BlockFi: Get $10 in Bitcoin when you sign-up at https://bit.ly/3jWct5a and deposit at least $100
– Celsius: Get $50 in Bitcoin when you sign-up at https://bit.ly/30luMcO or use code โ€œ119827e588โ€ and deposit at least $400
– Binance: Sign-up and get 10% discount on fees https://bit.ly/Nicole-Binance or use code “YBY3MNM9”
– PDAX: Use โ€œnicoleโ€ to get โ‚ฑ30 when you deposit a minimum of โ‚ฑ1,000

[ The links above are affiliate codes/links and I may get a reward at no additional cost to you if you use them. Thanks in advance because it helps support the channel ๐Ÿ’™ ]

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– Cash Back – https://bit.ly/3uxoGpk

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๐Ÿ•ฐTIMESTAMPS:
00:00 Intro + Featured Comment
01:00 Overview & Disclaimer
03:14 Things to know and prepare before buying crypto
08:42 Where to buy cryptocurrencies
11:57 Step by step: How to buy Bitcoin on Paxful

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Where and How to Buy Cryptocurrencies 2020 | Beginners and Students Investing in Bitcoin and Crypto / Investing in Bitcoin Philippines / Buy Bitcoin on Paxful / Step by Step Guide on How to Buy Bitcoin

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About the Author: Linda Fleetwood