Investing in the Crypto Currency market space can be a little daunting for the traditional investor, as investing directly in Crypto Currency (CC) requires the use of new tools and adopting some new concepts. So if you do decide to dip your toes in this market, you will want to have a very good idea of what to do and what to expect.
Buying and selling CC's requires you to choose an Exchange that deals in the products you want to buy and sell, be they Bitcoin, Litecoin, Ratcoin or any of the over 1300 other tokens in play. In previous editions we have briefly described the products and services available at a few exchanges, to give you an idea of the different offerings. There are many Exchanges to choose from and they all do things in their own way. Look for the things that matter to you, for example:
- Deposit policies, methods, and costs of each method
- Withdrawal policies and costs
- Which fiat currencies they deal in for deposits and withdrawals
- Products they deal in, such as crypto coins, gold, silver etc.