Get Ready Degens!

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STEP 2 - Buy Crypto

Buying cryptocurrency has become relatively easy in many countries, with numerous platforms offering quick and straightforward processes. However, if you live under a regime that doesn’t fully respect your privacy or if your local bank makes it difficult to purchase crypto, you may face additional challenges. But don't worry, there are ways to navigate these hurdles and safely acquire cryptocurrency. Here are some suggestions:
 

Setup a Kraken Account:

Kraken is a reputable and widely-used cryptocurrency exchange that allows users to buy, sell, and store various cryptocurrencies. Setting up an account is straightforward, and you can link your bank account to transfer funds directly for crypto purchases. Kraken offers a high level of security, privacy, and support for a wide range of cryptocurrencies. 

Use Binance or OKX P2P (Peer-to-Peer) Trading:

If direct bank transfers to crypto exchanges are restricted or monitored in your country, using a P2P platform like Binance or OKX can be an excellent alternative. On these platforms, you can trade directly with other users, allowing you to buy cryptocurrencies using your local currency. Here's how it works:

• Search for Your Local Currency: On Binance or OKX, go to the P2P trading section and filter by your local currency.
• Find Your Bank: Look for sellers who accept your bank or payment method. P2P trading allows you to deal with local sellers who are more familiar with your country's financial ecosystem, making the transaction smoother and potentially more private.
• Complete the Trade: Once you find a suitable offer, initiate the trade, transfer the agreed amount from your bank to the seller's account, and upon confirmation, the crypto will be released to your wallet.

Tips for Safe Crypto Buying:

• Always Use Secure Platforms: Ensure the exchange or P2P platform you choose is reputable and has a solid track record of security.
• Be Aware of Fees: Different platforms have different fee structures. Make sure to understand these fees before completing a transaction.
• Understand Your Local Regulations: Cryptocurrency regulations vary widely by country. Make sure you are aware of any legal requirements in your region.
• Use a VPN if Necessary: In some regions, using a Virtual Private Network (VPN) can help protect your privacy and bypass local restrictions.

STEP 3 - Get a TradingView account and send crypto to supported exchange

You’ll need to run TradingView for this indicator, which supports a wide variety of exchanges, and allows users to connect their accounts for trading and analysis directly on the platform. Some of the most notable crypto exchanges available on TradingView include (we use and recommend the top three on this list):

1. Binance:  The largest and most popular crypto exchanges globally, offering a broad range of trading pairs and advanced features such as futures trading and staking. Binance is supported by Finandy via API.
2. Finandy is an authorized broker of Binance so they have all the same token listings. The perfect solution if you want a second spot or futures Binance account.
3. OKX:  A major exchange that supports both spot and derivatives trading with a user-friendly interface, making it suitable for both beginners and experienced traders. OKX is also supported by Finandy via API.
4. Bybit:  Known for its derivatives trading and integration with TradingView, Bybit offers seamless trading experiences with features like high leverage.
5. Crypto.com:  Offers a comprehensive trading platform with a wide range of crypto and additional features like staking and earning interest on holdings.
6. Bitfinex:  An exchange that provides advanced trading options and liquidity, particularly favored by professional traders.
7. OANDA:  While primarily known for forex trading, OANDA also supports cryptocurrency trading, making it a versatile option for those looking to trade multiple asset classes.

Always check and re-check that you are sending crypto on the correct network, and to the correct address!

STEP 4 - Add the DLI indicator to your chart and try different strategies. Have fun trading!