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.


General Resources

  • 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.
  • Reddit is the biggest community in the blockchain space. Here are the more active subreddits:
  • 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.
  • 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)

Exchanges

  • 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

Wallets

  • 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

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