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Starting in Crypto: From On-Ramping to First Buys
Cryptocurrencies for total beginners — Bitcoin, Ethereum, MEXC.
Cryptocurrency has emerged as a digital force to be reckoned with. From humble beginnings in 2009 with Bitcoin’s introduction, the crypto realm has expanded exponentially, encompassing myriad tokens, coins, and blockchain-based applications.
If you’re new to this space, it might seem overwhelming, but fear not! This blogpost is here to guide you through your crypto beginnings.
1. The On-Ramp: Entering the Crypto Highway
Before you can dabble in the wonders of cryptocurrencies, you must first buy some. This process is known as ‘on-ramping’. Here’s a simple step-by-step guide to getting started:
a. Choose a Cryptocurrency Exchange:
There are numerous platforms where you can buy or trade cryptocurrencies, but for this article, let’s focus on the MEXC exchange — a platform known for its extensive crypto offerings and user-friendly experience.
b. Create an Account:
Head over to the MEXC website and sign up. You’ll need to provide some personal information for verification purposes. This is a standard procedure called Know Your Customer (KYC) and is essential for security.
