Get Crypto Knowledge - Investment - Nairaland
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| Get Crypto Knowledge by Theinfomayniac(m): 1:48pm On Aug 22, 2021 |
Alot of people want to multiply their money using crypto but don't know how to go about it. While it is possible to 10x 20x or even 100x Your Money using crypto it is also very easy to loose all your money if you go into it without having the requisite knowledge. The good thing here is that we are beginning understand the potential of crypto. By the time you finish going through this thread as a newbie, you would have learnt the basics of crypto and be able to carry out various transactions using an exchange platform. You may be thinking you are already late to the crypto party but the truth is you are still way early. What you should invest in right now is the right crypto knowledge. It is for this reason that i have created this thread to help others shorten their learning curve. If this seems like something you are interested in then grab a seat. 11 Likes 3 Shares |
| Re: Get Crypto Knowledge by gambit25: 1:53pm On Aug 22, 2021 |
Ride on pastor, sorry teacher. 2 Likes |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 2:01pm On Aug 22, 2021 |
To begin with, here are a few crypto acronyms you should know. 1. FOMO : Fear of missing out 2. HODL: Hold On for Dear Life 3. FUD: (Fear, Uncertainty, Doubt) 4. BTFD (Buy The F-ing Dip) 5. WHALE (These are individuals that own a significant amount of a cryptocurrency ) There are a whole lot more, but these are the commonly used ones. 4 Likes 3 Shares |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 2:18pm On Aug 22, 2021 |
Crypto Exchanges. These are basically marketplaces where you can buy, sell, HODL, trade , exchange etc your coins or currencies. There are two broad categories of crypto exchanges. 1. Centralized exchanges 2. Decentralized exchanges Centralized Exchanges: As the name implies, they have a centralized database of all the customers carrying out transactions. KYC is required. Transaction fees are very low The most popular Centralized exchange is BINANCE. We will be sticking with BINANCE AND KUCOIN (centralized exchange)For the purposes of this thread. So, go to your play store rightaway and download these apps, even if you don't feel like registering immediately just download them right away. For Decentralized exchanges, you interact directly with the blockchain. You do not have to login, there is no KYC or centralized database of customers. Transaction fees can be high. Examples of decentralized exchanges includes Uniswap, Pancakeswap etc. All you need to get started on a decentralized exchange is a crypto wallet. Go to playstore, download Trustwallet for Android or Token pocket for IOS. Create a wallet and keep your seed phrase safe 5 Likes |
| Re: Get Crypto Knowledge by phemsonol: 2:31pm On Aug 22, 2021 |
Get FREE 100Million CCDoge Get another 10% INSTANTLY BNB BONUS Click on this link �� https://www.dogecoin.cc/airdrop?i=9B83D Copy Ur BSC { Smart Chain BNB } wallet address and paste it in the space provided. *Just type Smart Chain inside Search Tokens of Trust Wallet* Type Ur email address Click on I'm not a robot Click on Claim Then scroll down down and Copy Ur own link and Register others for more tokens and Get another 50Million per each person who registers under u *DO IT NOW, ONLY 10HOURS REMAINING MY PEOPLE* 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 2:53pm On Aug 22, 2021 |
Receive sense slowpoke 2 Likes |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 2:57pm On Aug 22, 2021 |
[[s]quote author=phemsonol post=105062341]Get FREE 100Million CCDoge Get another 10% INSTANTLY BNB BONUS Click on this link �� https://www.dogecoin.cc/airdrop?i=9B83D Copy Ur BSC { Smart Chain BNB } wallet address and paste it in the space provided. *Just type Smart Chain inside Search Tokens of Trust Wallet* Type Ur email address Click on I'm not a robot Click on Claim Then scroll down down and Copy Ur own link and Register others for more tokens and Get another 50Million per each person who registers under u *DO IT NOW, ONLY 10HOURS REMAINING MY PEOPLE*[/quote][/s] |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 3:13pm On Aug 22, 2021 |
Lets continue.... After downloading the Binance app, the next step is to register So go to the Binance app homepage and click Register in the top right corner. Use an email address, preferably a new one or use your existing mobile phone number. Choose a strong password (combination of uppercase and lower case letters and numbers ) Agree to binance terms of service and then click on Create Account. 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 3:20pm On Aug 22, 2021 |
Screen short attached 3 Likes
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| Re: Get Crypto Knowledge by Theinfomayniac(m): 3:27pm On Aug 22, 2021 |
Stay with me.... once you click on create account a code will be sent to your email or phone number depending on the one you used. Copy that number and paste it like this..
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| Re: Get Crypto Knowledge by aydi(m): 3:38pm On Aug 22, 2021 |
Ride on bro Building a tent. I have reached my destination 1 Like |
| Re: Get Crypto Knowledge by Robnectar(m): 4:12pm On Aug 22, 2021 |
phemsonol: 1 Like |
| Re: Get Crypto Knowledge by Robnectar(m): 4:14pm On Aug 22, 2021 |
Following bro,..... Abeg shey I fit get ur WhatsApp contact  |
| Re: Get Crypto Knowledge by Mumben(f): 7:38pm On Aug 22, 2021 |
Theinfomayniac:U re doing a good job, may God bless ur heart. |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 8:20pm On Aug 22, 2021 |
Mumben: Amen, Thank you. |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 8:26pm On Aug 22, 2021 |
Moving on..... Once you have put in the code that was sent you, you will be redirected to the binance home page. Congrats your account has been created . Easy peasy  |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 8:27pm On Aug 22, 2021 |
NEXT STOP: ACCOUNT VERIFICATION & AUTENTICATION 2 Likes |
| Re: Get Crypto Knowledge by Medallion500: 12:10pm On Aug 23, 2021 |
Ride on sir 3 Likes |
| Re: Get Crypto Knowledge by Robnectar(m): 2:34pm On Aug 23, 2021 |
1 Like |
| Re: Get Crypto Knowledge by Okeyson02: 5:32pm On Aug 23, 2021 |
You are doing a nice job here 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:15pm On Aug 25, 2021 |
I was banned by the nairaland bot for God knows why, as a result I will not be going into details of the verification and identification process.. 2 Likes |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:17pm On Aug 25, 2021 |
Talking about ban, just this year (2021) china took its crypto ban to an all time high by banning all forms of crypto mining activities stating energy concerns. Prior to this there had been other forms of ban and restrictions on crypto in china 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:18pm On Aug 25, 2021 |
And the thing is once china bans a technology it blows up. 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:21pm On Aug 25, 2021 |
Here are a few examples... Facebook in 2009 Twitter in 2009 Google in 2010 Instagram in 2014 All of these have grown to become billion-dollar tech firms 3 Likes |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:23pm On Aug 25, 2021 |
And now crypto in 2021 It's about to blow up This is one reason you need to take crypto more seriously. |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:23pm On Aug 25, 2021 |
Okeyson02: Thanks |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:28pm On Aug 25, 2021 |
Moving on Just so you know; here are the requirements for the account verification and Authentication phase. 1. Google authenticator app( down load it if you don't have it already on your phone) 2. Your personal info such as i.d card, BVN and your personal photograph which would be taken with your phone camera for direct upload. The process is not difficult Just follow the prompt step by step. Better still use a PC for this phase. 1 Like |
| Re: Get Crypto Knowledge by Theinfomayniac(m): 9:30pm On Aug 25, 2021 |
Once completed you are now eligible to buy sell trade etc on the platform. 2 Likes |
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