1
General Discussion, Non Crypto Stuff / Re: What is the best broker with low fees and commissions?
« on: July 12, 2022, 10:24:03 AM »
Hugosway, not had an issues on spreads fees or commissions
Mobile device? Bitcoin Garden Forum supports access via @Tapatalk
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
I agree, even though there are options that can help make mining more profitable, one definitely has to consider the costs before starting out.This is the most important part.. if we consider the cost we will be at a loss. not to mention the time it takes is also not short. so we have to be careful as a miner
Thanks!!! I'll check it today, I'll tell you tomorrow
I agree that it is safest to choose from top coins based on CoinMarketCap's listing. You should check a few of those out and see if you like their propositions. And if you are willing to take more risk, you can always put some money into smaller coins and memecoins, but for those it is harder to speculate on whether they will do well long-term, so these shouldn't make up much of your crypto holdings.
[/quote
Thanks for the list of recomended
Today we have decided to have a small crash course for those who are new at the market of cryptocurrencies. And we’re going to start from the very basics.
The most important point that one has to understand, is that to keep cryptocurrency you have to have a wallet’s address and there are three ways how you can create one:
1. Use online wallets
2. Download a program to your PC
3. Buy a hardware wallet
We will quickly go through pros and cons of each way. But let’s start by telling a few words about what a wallet for cryptocurrencies is using bitcoin as a sample.
Bitcoin, as any other cryptocurrency, is kept only in a form of a blockchain. Anybody can view a transaction in the net, check the balance of any wallet. This information
is open for everyone. But it is impossible to tell who the owner of the wallet is.
Bitcoin wallet has two parts:
• Open key. It is the address of the bitcoin wallet, it is not a secret. It has 32-34 symbols of Latin letters and numbers. All addresses always start with the number “1” or “3”.
• Private key (sometimes called as a secret key). It is a longer sequence of letters and numbers of the Latin alphabet. You mustn’t tell it to anyone, because it is an access to the wallet.
Transaction in bitcoin network means that cryptocoins go from one wallet’s address to another. The speed of transaction is equal to emerging of a new block in blockchain
(10 minutes on average).
Transaction is subject to a small fee. Depending on the network loading, its amount can change. The sender specifies its amount. By the way, commission does not depend
on the amount of transaction. You can transfer amount equaling to $10, $10000 or $1 billion and still pay the same commission.
1. Online wallets
There are lots of sites which offer services for creation and keeping online-wallets. They are called “cryptowallets”. The service takes on all the issues of keeping funds safe.
There are pros in that, since you don’t need to think about computer safety, plus reliability of the service is usually much better that that of a simple computer.
We would like to personally recommend the service blockchain.com
2. Program on your PC
You can download programs for bitcoin wallet on the official website bitcoin.org. Here you can choose from lots of wallets supported by community: Bitcoin Core, MultiBit,
Armory and Electrum. Also, you can learn the features of each of them. They slightly differ from each other. For example, Electrum does not keep all the history of transactions
(blockchain) on computer, but it refers to randomly selected network nodes. Bitcoin Core, on the opposite, keeps the full history on your PC and computer must always be online
for checking if the data is accurate. Today the blockchain size for bitcoin is about 200 Gigabytes. Many people recommend taking the security of a computer with bitcoin-wallet seriously.
This is because in case fraudsters steal the wallet file, all your funds there will disappear. As nobody wants this to happen, you need to follow the basic rules of computer usage safety.
3. Hardware wallets
Hardware wallets are a device that keeps the private key. Their advantage is that it is switched off the Internet and there is no way anybody can hack this wallet.
If the device breaks or you lose access to it, you can restore it by entering 24 random words (so-called seed words).
And you can always find favorable rates for purchasing cryptocurrency on our site BestChange. com
We wish you reliable and profitable exchanges!
Wunderbit Trading is proud to announce the integration of a cryptocurrency exchange - FTX US.
New features available for FTX.US crypto traders:
• Copy-trading
• Trading bots
• Crypto trading automation
Trading platform: https://trading.wunderbit.co/en
Full press release: https://wunderbit.co/en/blog/trading-bot-automation-on-usa-crypto-exchange-ftx-us
You can get more information from difference cryptocurrency related website which wallet are absolutely safe for reservations of Bitcoin and others cryptocurrencies.
Trust wallet
Coinbase pro
Metamask
Atomic wallet
Tronprolink
Token pocket
My Ethereum wallet
Safepal
Trezor wallet.
As a trader its vital for one to work through a quality broker as only that way it will help one to succeed and perform up to the mark. I am very fortunate to be with Freshforex. Its one of the leading companies out there to help with doing things. I love it with its 101% deposit bonus.
I invested into some coins this January and my hope was cryptcoins are going to increase in price this year but the reverse is the case.
I can still remember some coins that I bought around $24 and $25 dollars in January and I am still holding them. Currently those coins are less than 2 dollars respectly. I doubt if I will be able to be patient until price get back to were I bought them and I do seriously regret bought those coins at the wrong time.