While I’ve always had a great understanding of banking, investments, and finance in general, having worked for a major bank many years ago, I must admit that I don’t know all that much about cryptocurrency beyond the basics.
A cryptocurrency is a collection of binary data which is designed to work as a medium of exchange wherein individual coin ownership records are stored in a ledger which is a computerized database using strong cryptography to secure transaction records, to control the creation of additional coins, and to verify the transfer of coin ownership.
At this point, most of us know of Bitcoin and could probably list off a couple of others, but that list is ever-growing. Nowadays, a lot of money can be made in early buying or even getting on board as individual currencies rise in value. From cents to tens of thousands of dollars, there is a pretty wide range available to the public, so we thought it was about time to jump right in.
Since we are a global outlet based in Toronto, we thought it would be perfect to partner with fellow Toronto-based Canadian brand, Coinsmart.
Founded in 2018, CoinSmart, as mentioned, is a Toronto-based cryptocurrency trading platform that provides a secure and intuitive platform for trading digital assets. One of the first Canadian trading platforms to be regulated by the Financial Transactions and Report Analysis Centre of Canada, CoinSmart has become the market leader when it comes to the safety and protection of its users.
The sign-up process is super straightforward and doesn’t take much time at all.
- Download the Coinsmart App for apple or android.
- Confirm your personal information.
- Follow the steps to confirm your identification.
- Once your account is active, deposit funds via e-transfer, wire or CC payment.
- Start buying or trading.
Once that’s all completed, you’re ready to begin, but before you do, I’d suggest doing some light reading first. Fortunately, Coinsmart doesn’t just offer a secure platform. They also provide the GetSmart hub full of helpful information about Cryptocurrency, how it works, and so much more about this ever-growing universe.
With the Coinsmart app, you can Buy, Sell, Trade or Transfer, and have the option to purchase Bitcoin, Ethereum, Litecoin, Cardano and several other cryptocurrency choices. With a minimum deposit of just $100, you can begin your cryptocurrency journey whenever you like.
Once you’ve made your selections and invested in what suits you best, you can monitor your progress all via the app, as you hopefully show continued gains. Even though we all know there are no guarantees in investing, you can learn to use the proper tools to help you navigate this exciting and ever-growing new frontier.
I’m looking forward to seeing where my cryptocurrency journey takes me, using the Coinsmart App to keep me on track.
This is a sponsored post collaboration with Coinsmart. For more, please visit their website today.