When you’re buying or selling virtual currency, it’s important to know what the rules are.
Below is a guide to buying and selling virtual currencies.
The basics: Buy virtual currency online or through a broker.
Before you start trading, make sure you know what is available and what you’re trading.
There are a lot of online exchanges and brokerages offering virtual currency trading.
A lot of the virtual currency that you are trading comes with a fee attached.
Buy and sell virtual currencies by phone, over the phone or over the internet.
If you’re not online, you can use a broker’s platform, such as Bitfinex.
If a broker does not allow you to trade on their platform, you should get in touch with them.
If the broker doesn’t allow you, you must contact the broker directly.
Ask for a trade and make sure to get a quote.
Buy virtual currencies on a physical exchange, such a a broker, credit union or money transfer agency.
If possible, use a cashier, as many are more comfortable handling cash.
Buy online and make your own money transfer using a Bitcoin or other virtual currency.
Buy the virtual currencies at a virtual exchange and send them directly to your account.
Buy from a bank or other financial institution and send the money via bank transfer or credit card.
Get a broker to give you a commission.
If this is not possible, you may also want to ask for a referral.
If your broker is willing to take the commission, you will have a higher margin and the virtual coins may sell at a higher price.
The more commissions you get, the higher the profit.
Use a broker that accepts virtual currency to buy and sell.
Some virtual currencies are also listed on virtual currency exchanges, such Bitcoin Exchange and Cryptsy.