What do I need to start crypto trading?
To start trading cryptocurrency you need to choose a cryptocurrency wallet and an exchange to trade on. From there it is as simple as getting verified with the exchange and funding your account (a process that can take a few days).
Some traders are going to be familiar with more technical types of trading and/or won’t be US-based. These traders may want to try using leverage, for example on Coinbase Pro or Kraken, or may even consider crypto “derivatives” like futures and options offered by platforms like Bakkt, CME, FTX, or BitMEX. Leverage and derivatives aren’t beginner-friendly, but for seasoned traders new to crypto, they can make sense.Each option has its pros and cons, but notably, only an exchange-broker-wallet hybrid like Coinbase/Coinbase Pro allows one to trade, invest, store, send, and receive coins directly using a single platform.
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