Get a better job with Crypto: How to Become a Trader?


The cryptocurrency industry is still in its infancy stage. As blockchain technology evolves, the potential for widespread adoption of cryptocurrencies is becoming more and more realistic. There are a lot of opportunities arising to make money with cryptocurrencies. Experts believe that this is the future of all currency systems, but it’s still early days to tell what will happen.

Some people invest in cryptocurrency because they see it as a legitimate form of high-risk investment with the potential for massive rewards; others just want to get rich quickly without even knowing how to buy crypto. Whatever your niche is, if you want to go with the flow of cryptocurrency trading, you need to educate yourself about this decentralised currency system’s proper working and trading system.

  • What is Cryptocurrency?

A cryptocurrency (or crypto) is a digital currency that uses cryptography for security. It typically does not have a central bank managing its currency like many other US dollars or Euro currencies. Cryptocurrencies are also such because they cannot be devalued or blamed on any entity. It’s an asset with no singular owner, which means any country or person can’t target it. Nobody can manipulate or steal from someone else without being exposed to the world and potentially losing trust from consumers and investors alike.

  • How to Become a Trader?

To trade cryptocurrencies, you first need to set up an account with a cryptocurrency exchange. Depending on the exchange you choose to use, you could be dealing with fiat money (USD/Euro), or you could be dealing with either fiat or cryptocurrencies. You will then be asked to create a 2FA PIN for yourself. This PIN that you will create will be required to log into your account. 

To begin, you will want to head over to a genuine crypto exchange and register yourself and complete their registration process. Once you have completed the KYC process, your account goes under processing which could take 2-3 business days. Once verified, you can then fund your account with a currency and funds of your choice.

Additional Security Measures

Once you are set with a crypto exchange, you must consider some safety measures to ensure your healthy trading experience. To ensure your safety, you need to take a couple of steps which include

  • Create a strong password for yourself, which is hard to crack or guess from your name or date of birth. 
  • You will also be asked if you would like to add an alternate email address for further verification purposes. For example, give only your safe email address instead of any random one.
  • Find a genuine and authentic platform and the process of how to buy crypto on it to avoid getting scammed on any random website.
  • Think twice before you share your critical information and when you do, make sure you are on a genuine website.

Trading crypto has great potential for making money as compared with regular jobs. If you got what it takes to be a trader, you are all set to make huge money with crypto.