New to Cryptocurrency? Guide to Buying, Selling, and Wallet Security

DefiCast Episode 2 "New to Cryptocurrency? Guide to Buying, Selling, and Wallet Security"

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Episode Overview:

• This is your walkthrough of technical details and ideas about how to get started in cryptocurrency including wallet setup and security.

Key Points Discussed:

• Differences between Centralized and Decentralized Exchanges 
• Wallet creation - Differences between self-custody and custodial wallets / Hot wallets / Cold Wallets
• Wallet security and how to stay safe
• Buying your first crypto or Bitcoins

Notable Quotes:

• "I could end the podcast here, write down your 24 seed phrase for your self-custody wallet hot or cold, and store it safely not digitally"

Resources Mentioned / Links

• https://www.ledger.com/ - Cold Storage Wallet (Self Cusdudy Cold Wallet)
• https://phantom.com/ - Phantom Wallet (Self Cusdudy Hot Wallet)
• https://crypto.com/ca - Example of a CEX Centralized Exchange for on-ramp and off-ramp for fiat

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