Getting Started with Cryptocurrencies
Learn how to buy/sell cryptocurrencies, create your first digital wallet, and open exchange accounts. This guide covers essential tutorials for popular crypto wallets and exchanges—plus converting fiat currencies (like TWD) into Bitcoin, Ethereum, and other cryptocurrencies.
Top Considerations When Choosing an Exchange
- Security protocols (2FA, cold storage)
- Supported currencies
- Trading fees
- User interface
Protecting Your Crypto Assets
Since Bitcoin's inception, a core principle of blockchain has been self-custody—owning your private keys means no third party can control your funds.
Wallet Types Explained
| Wallet Type | Security Level | Use Case |
|------------|---------------|----------|
| Cold Wallet (Ledger, Trezor) | High | Long-term storage |
| Hot Wallet (MetaMask, Trust Wallet) | Medium | Frequent transactions |
Key Developments in Crypto History
- 2009: Bitcoin launched as decentralized currency
- 2016: ICO boom (mostly short-lived projects)
- 2020s: Rise of algorithmic stablecoins
Blockchain Technology Demystified
How Blockchains Work
- Decentralized ledger system
- Mining validates transactions (PoW)
- Ethereum introduced smart contracts (PoS)
FAQ:
Q: What’s the difference between Bitcoin and Ethereum?
A: Bitcoin is digital gold; Ethereum enables programmable contracts.
Q: Is blockchain really secure?
A: Yes—tampering requires overriding 51% of the network.
Stablecoins: A Deep Dive
Popular Options
- USDT: Highest liquidity but past transparency issues
- USDC: Fully audited reserves
- DAI: Decentralized collateral
👉 Explore stablecoin strategies
Algorithmic stablecoins use smart contracts to maintain pegs—innovative but riskier than asset-backed variants.
Final Tips
- Always verify exchange reputations
- Diversify storage (hot + cold wallets)
- Monitor market trends
This guide simplifies complex concepts—whether you’re a new investor or refining your expertise.