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RE: HELP CREATE A CLEAR AND SIMPLE TUTORIAL FOR BUYING BITCOIN OR CRYPTOS IN THE USA

in #bitcoin6 years ago (edited)

Utilizing a tool like Exodus wallet would be good to mention considering it has "Shifter" built into it. (transfer one crypto for the value of another all from within the wallet) Picture of it in action below The only complicated part (not so much) would be simply buying bitcoin from a service like Coinbase and sending it to your wallet address to get you started. Also Exodus has a beta/experimental version called "Eden" which offers quite a larger variety of crypto-currencies and I myself have gotten it to run directly from a usb flash drive. Unlike a cold-storage device if you lose the flash drive there is a 12 word passphrase that can sync up your account with them and all of your funds will be right there unscathed. (The shifter is the biggest seller on this idea because of the ability to say "Hey I don't want all Bitcoin or Ethereum.. Whats's this Ripple xrp I keep hearing about? Oh hey I can transfer some ETH into XRP in just a few clicks without ever having to go to an exchange!" I hope this helps ;-) Exodus-wallet-interface-screenshot.png

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What is Exodus wallet?

Exodus wallet from my understanding is a cryptocurrency wallet that can be used to store your coins and tokens in and unlike services like Coinbase where you have to connect to their website through a browser to access your accounts, the wallet is stored as files on your desktop pc/laptop. it is available on Windows OS and Linux (I believe). One of the features that I like so much about this wallet is that once you have sent a "cryptocurrency" to it's addresses you do not have to leave the wallet and go to an exchange to trade your bitcoin to find another. it uses a service called "Shifter" which is built right into it that allows you to easily exchange one coin for another (i.e: Trade some Ethereum for some XRP or Decred for some SALT) You can find demo videos on their website that explain more in-depth here: https://www.exodus.io/ Also it is worth noting that they have an experimental project going called Eden wallet which offers the same services with a great number of more different crypto-currencies See picture of Eden wallet in action below I hope this helps ;-)

eden wallet in action.png

Great stuff this was about as interesting to me than the article being a noob here trying to make sense of all this. Cool thanks.

Very nice