Cryptocurrencies and Ethereum blockchain financial apps are transforming finance. The new financial system offers amazing alternatives to traditional banks & brokerage accounts. We all can now access investing opportunities that were never available to us before.
This page gives an overview on how to get started. Not only can we invest in crypto, such as Bitcoin (symbol BTC), to help grow our savings, we can also earn great interest rates on our crypto. And, we can take loans using our crypto as collateral. *
Here's one of my most popular blog posts: Bitcoin 101 – How To Get Started.
If you're just getting started with crypto, Coinbase is the easiest crypto exchange to buy and sell cryptocurrency. Their website is user friendly. Find out more with this link. You can buy crypto via your bank with an ACH transfer or with a debit card.
Once you purchase your crypto, you can transfer your crypto from an exchange to your hard wallet and/or to an app. If you want to earn interest or take a loan on your crypto, check out the Celsius app featured below. Crypto exchanges offer interest on crypto, but their APY% is far below what you can earn at Celsius.
With the Celsius app, you can earn interest on your crypto + take a loan on your crypto. You cam also buy crypto using their app. It's the most secure app I know of.
You can transfer your crypto from an exchange to Celsius Network's app to earn interest rates that are FAR above what banks pay & above what other crypto platforms pay. Click here to download the app + see how much you can earn. You'll be surprised how money grows with compounding high interest rates!
Plus, you can get a loan using your crypto as collateral. Why sell your crypto if you need cash? You can instead take a loan on your crypto, to get cash. NO fees! At this time, loans start at just 1% APR Find out more here.
This app allows you to deposit cryptocurrencies, connect a Mastercard or Visa, or set up bank transfers (where supported) to fund your wallet. You can buy and sell crypto, and earn attractive interest rates on your crypto. And it's easy to use.
Hard Wallets To Store Your Crypto
After you buy cryptocurrency, it's a good idea to transfer a good portion of your crypto to a hard wallet such as Ledger or Trezor. With hard wallets, you have direct control of your crypto. But beware, if you lose your private key, you lose access to your crypto.
Hard wallets allow you to eliminate an intermediary such as an exchange that acts as a custodian for your assets. Click the link to buy a Ledger hard wallet. (Tip: YouTube videos can help explain how to use the device).
If you choose to not use a hard wallet, you can store your crypto on an exchange or on a secure app such as Celsius Network.
How To Buy Silver, Gold & Other Precious Metals
Unlike traditional coin dealers, Miles Franklin is both a full service company & a low overhead discount broker. You don't need to create an account online. You can just call them at 800 822 8080 and place your order. You can have your precious metals delivered to your home or store them offshore. This family business has a reputation of trustworthiness and great service.
How To Buy Gold & Silver
BullionVault is the world's largest online investment gold service. Bars are stored in professional-market vaults in Zurich, London, Toronto, Singapore or New York. You choose where. This company is for large purchases. Click here to get started or learn more.