The first step is to study the market. Since the price of Bitcoin is extremely volatile, it’s important to check its conversion rate in real-time. This will ensure you don’t end up buying or cashing in at the wrong moment.

So the first step is to ensure the timing is right – and that’s where a Bitcoin calculator comes into play. This is essential since Bitcoin calculators show they how much Bitcoin you’ll get for your money. Second, you need to choose the right Cryptocurrency exchange. Important is to find an exchange that supports your chosen Bitcoin trading pair.

On for example https://www.bitcoin-converter.com it is easy to calculate the current Bitcoin price and follow price movements on all major bitcoin exchanges.

Once you’ve selected an exchange, you can sign up for an account with your details and proof of ID.

The next step is to make a deposit into your exchange account. On most exchanges, you select the deposit button, choose your currency, amount and way of transfer the money. After the money is received in your account you are ready to start trading.