RESOURCES FOR CRYPTOCURRENCY INVESTING
For those who are new to the crypto world, especially if they don’t have a tech background, the entire blockchain ecosystem seems very overwhelming. It took me a few months to learn enough about blockchain to the point where I was comfortable investing in the space.
That’s why I created this resources page to share with you the websites that I visit often. By having access to the right resources, those who are new can dramatically speed up their learning curve. I wish someone had given me this list when I got started — it would’ve saved me so much time!
Feel free to share this list to your friends who are new to the crypto world — they will thank you for it.
- If you want to learn about Bitcoin or Ethereum, you can read the whitepaper written by their creators. Even if you are not tech savvy, you can get a good grasp about how blockchain functions from these papers.
- Bitcoin white paper by Satoshi Nakamoto
- Ethereum white paper by Vitalik Buterin
- Reddit is the biggest community in the blockchain space. Here are the more active subreddits:
- r/ethereum (about the Ethereum tech)
- r/ ethtrader (about Ether as an investment)
- r/bitcoin and r/btc ( about everything Bitcoin related)
- r/cryptocurrency (about all cryptocurrencies )
- r/icocrypto ( about initial coin offerings or ICOs)
- Coin Market Cap ( information about price performance and market capitalization of cryptocurrencies / tokens)
- Coin Spectator (this site aggregates cryptocurrency-related news from over 100 sources and it is my one stop shop site to make sure I don’t miss anything important)
- The following two sites track all the transactions in the Ethereum and Bitcoin blockchain. After generating a transaction, I like to check whether it went through or not, just to make sure I didn’t make any mistakes.
- Etherscan.io — check Ether transactions
- B lockchain.info — check Bitcoin transactions
- Blockchain terminology explained (this page breaks down the terms used in the blockchain world in detail which I find very useful)
- Coin Dance (you can find a lot of Bitcoin data from this website)
- Bit Info Charts (there are many useful stats in this site but I mainly use it to look at the average transaction fees for Bitcoin and Ether)
- ETH Gas (latest information about Ether gas price, useful to determine the gas price and how much gas I should set for my transactions)
Initial Coin Offerings (ICOs)
- ICO Alert and CoinSchedule (there are many different ICO calendars out there but I like these two the most)
- Token Data (A comprehensive website containing statistics about the ICO market)
- Token Filings (A directory for all the news and articles about token projects — sort of like the EDGAR for tokens)
- Bitcoin Talk (most ICOs have a standalone thread on this site)
- Coinbase / GDAX — biggest cryptocurrency exchange that takes fiat deposit, is FDIC insured, all digital currencies are fully insured, company is worth $1 billion as at June 2017
- Kraken — based in San Francisco, it is the biggest exchange for transactions denominated in Euro
- Gemini — based in New York, founded by the Winklevoss twins, have the least recent issues among the bigger exchanges
- Poloniex — largest cryptocurrency exchange by transaction volume but do not accept fiat deposits
- QuadrigaCX — biggest exchange in Canada
- Liqui — offers trading in many tokens, usually very quickly after tokens are tradable after ICOs but has less volume
- Bittrex — also offers trading in many tokens with higher volume than Liqui
- Bitfinex — out of all the exchanges, I like Bitfinex’s layout the most. However, note that it was hacked in 2016.
- Ether Delta — a decentralized exchange where you can use your own wallet to trade. However, it is not very user-friendly and slower than other exchanges.
- Shapeshift — allows swapping different cryptocurrencies / tokens very quickly but usually with a higher fee
- MyEtherWallet — secure and reputable site, have many different functions, you can generate a wallet instantly, highly recommended. I use it to contribute to ICOs.
- Parity — Ethereum browser and wallet
- Mist — Ethereum browser and wallet
- Metamask — Ethereum browser and wallet
- Ethereum Wallet — a secure wallet made by the Ethereum Foundation but not as user-friendly
- Ledger Wallet — cold storage. *Note — due to the spike in popularity of cryptocurrency, the products are backlogged for a couple of months
- Trezor — cold storage