Section 1: Introduction to Buying & Securing Crypto
Before diving into the world of cryptocurrency, it's crucial to understand the importance of self-custody and why "not your keys, not your coins" is a key principle in crypto ownership. This section will introduce you to the essential concepts of buying and securing your crypto.
Choosing the right exchange is one of the first steps in your crypto journey. Here, you’ll learn about centralized and decentralized exchanges, and how to select the best one based on your needs and location.
Setting up an exchange account is your gateway to the crypto market. This section will guide you through the sign-up process, identity verification, and security measures to ensure your account is protected.
Once your account is set up, it’s time to buy your first crypto. In this section, you’ll learn how to choose the right cryptocurrency, place your first trade, and understand important factors like market orders and fees.
After purchasing crypto, it’s essential to take control of your assets by moving them off exchanges. This section explores why self-custody is crucial and how to safely manage your own crypto.
A crypto wallet is the key to securing your funds outside of exchanges. In this section, you'll learn how to choose, set up, and back up your wallet, ensuring that your private keys remain safe and under your control.
Withdrawing your crypto from exchanges to your personal wallet is a critical step in securing your funds. This section walks you through the withdrawal process and helps you understand transaction fees and network congestion.
Now that your crypto is in your wallet, it’s essential to store it securely for the long term. This section covers best practices for keeping your wallet safe, including using hardware wallets and creating multiple backups.
With your crypto securely in your possession, the next step is to stay informed and continue expanding your knowledge. This section will provide you with a roadmap to further your crypto journey, including learning about DeFi and other opportunities in the space.