How to Buy and Sell Cryptocurrency
If you’re not looking to earn cryptocurrency on CoinMall – and instead want to buy an item off CoinMall, you’ll want to have some cryptocurrency to start off. The best place to get some cryptocurrency mostly depends on where you’re located, but here’s a few reputable options to choose from:
- Binance - International: https://www.binance.com/
- Bitstamp – Europe: https://www.bitstamp.net/
- Gemini – USA: https://gemini.com/
The steps for all three options are generally the same. First, you’ll have to sign up. After you have done so, you will want to connect your bank account, credit card or other payment method to your account. Once that’s done, you’re ready to purchase some cryptocurrency!
An alternative to exchanges is purchasing cryptocurrency from other people. This is known as Peer to Peer (P2P) exchanging. One reputable Bitcoin P2P exchange we would recommend is LocalBitcoins: https://localbitcoins.com/ - simply look at the offers available and purchase some cryptocurrency from a reputable seller. Do make sure the seller has many trades and a very high review percentage before engaging in a trade!
Once you’ve purchased some cryptocurrency, you’ll be able to start using the CoinMall platform. Next, we will explain how you can transfer your cryptocurrency from your wallet on the exchange to your CoinMall wallet.