Show community info

Ask a question or start a poll…

Link

Poll

CommonLounge is a community of learners who learn together. Get started with the featured resources above, ask questions and discuss related stuff with everyone.

tutorial

Exchanges: How to Buy or Sell any Coin

Now that you've learned about the fundamentals of blockchain and a bunch of cryptocurrencies, it's time to learn how to trade (buy & sell) and store your coins.

Each of the guides below will outline opening an account (including any requirements like KYC), deposits & withdrawals, executing trades, and storing your cryptocurrencies (in wallets).

Guides for Various Exchanges

Introduction

Poloniex.com was registered on December 10, 2014. Despite being relatively new, Poloniex was able to compete with other older trading platforms and grab the top spot in terms of trading volume among all the cryptocurrency exchanges.

Poloniex Exchange supports a large number of pairs. ...

Introduction

Bitfinex is a Hong Kong based crypto exchange platform, which offers margin trading of all top-level cryptocurrencies. Margin trading means buying an asset that involves borrowing a part of the sum needed for the purchase from the broker executing the transaction (in this case, Bitfinex).

The domain was registered on October 11, 2012 and since the company is quite serious about security, before you can fund your account in USD, you are required to enable 2-Factor Authentication.

Introduction

Bittrex is a US based exchange that has operated since 2015 and allows trading of thousands of cryptocurrency pairs. This exchange platform is founded by security experts hailing from Amazon. Due to its strict verification requirements, registration on Bittrex can frighten those who value anonymity — new users are required to disclose their full name, date of birth, address, and ID information in order to access the platform.

Commission for transactions is 0.25%. The interface and next-generation exchange engine provide detailed information on the open time currency pair: charts with different timeframes, network statistics, trading volumes and access to the wallet.

Today, Bittrex supports more than 190 cryptocurrencies.

Features of the Bittrex Exchange

The exchange platform displays high levels of securi...