Here I Use EThereum as one example of the type of Altcoin.
Here's how to buy Ethereum and how to put this coin into your investment:
1. Create an Account on the Online Exchange
Like other cryptocurrencies, Ethereum must be bought and sold via the online exchange. There are a number of services available and are considered to be of high repute. Some of the most popular include Bitcoin.co.id, Coinbase, Bitstamp, Kraken, Poloniex, Bittrex and Yobit
Before you start trading Ethereum, you must choose an account to make an exchange. There, you can buy and sell Ethereum easily. In addition, in the account there is also an Ethereum wallet where to store and sell your Ethereum.
2. Verify Account
Before you can purchase / exchange Ethereum coins, you are required to verify your account first. There are one or more ways that can be done, according to the respective policies of the digital marketplace.
You may need to upload a number of documents to verify your identity and ensure your account meets the rules. Verification typically takes one or two days, depending on how popular and busy the selected online exchange is.
3. Perform Fiat Currency Deposit
Next you need to deposit the deposit (deposit) into your account. Usually, through bank transfer or wire transfer. It may take a few more days to make sure that the money is perfectly legal.
4. Start Trading
With a verified account and money deposited into that account, you can start buying Ethereum and other cryptocurrencies through the exchange. Every marketplace has a slightly different interface. However, be prepared to confirm the transaction and then allow the processing time, which can also depend on the total number of requested transactions.
5. Pulling ETH Into The Wallet
Once you know how to buy Ethereum through exchange, you can trade and then can withdraw the money to your wallet. Exchange can be hacked, meaning your token can be stolen.
To store your token in a private place accessible via a key, download and install a wallet that has Ethereum capability. Run and organize your wallet, create a new account. examples of ethereum wallets between the Myetherwalet, Metamask, Imtoken, EIDOO
You can then enter the ETH wallet account address into exchange to transfer Ethereum to your wallet. Be sure not to use your wallet address, password, and private key, or you may have difficulty accessing your ETH account later. Transfer back to the exchange to sell or resume trading at a later time.
Very easy is not how to buy ALTCOIN and also do trade / investment?
thank you for your very helpful information on this, thanks again
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