Clarifying Crypto

How Much Does It Cost To Purchase Cryptocurrency?


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When you begin buying Cryptocurrency, you may come into a bit of sticker shock when you start seeing the fees that are charged. However, the fees are not all the same.

In this episode, we discuss the main website to purchase cryptocurrency, and what kind of fees each charge.

Interested in getting your feet wet in Crypto?

Download the Chrome Extension Lolli to get money back on some of your favorite purchases. Get $10 in Bitcoin when you use this link: https://lolli.com/ref/su72Kpnsem

Get the Fold App to receive Satoshi's (a type of Bitcoin) for gift card purchases from some frequently used brands (Starbucks, Amazon, Target, etc. Use this link to receive 20,000 Satoshis after your first purchase. https://use.foldapp.com/r/gTcqtrPk

Ready to start Investing?

I use Coinbase for Bitcoin purchases. Use these links for $10 at Coinbase.

Coinbase: https://www.coinbase.com/join/smith_2o5

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Head over to BitBlockBoom.com and use the code COUSINS for 30% off!

Full Episode Transcription

Erin Gregor: Alright, so welcome back to another episode of Clarifying Crypto. I'm Erin Gregor. I'm here with my cohost, Gary Leland. Gary, welcome. Yeah, so it's good to be back. And I've got an official announcement. We are finally officially up. Well, everything's been sent, I don't know where exactly we're all up yet, but by the time this goes live.

The website is live, we're up on all the major places now. So finally got the wallet set up. So if anybody wants to donate, they can go onto the site clarifyingcrypto.com and go do that. So we are. We are finally official, official, official. It took me a little bit longer than it typically does, but, had to build a website, had to get a wallet, had to do all kinds of stuff.

Gary Leland: So, we are official and I'm excited to see, what you've done. Yeah. Make sure right now this is going to be fixed by the time this goes live, but you gotta type in www.clarifyingcrypto.com. I'll get all the non www done. Yes. So, but yeah, so we're official and we are recording this. It's been an interesting week.

Erin Gregor: You and I have talked, we were pre talking before hitting record. So today is March, I guess, 12 we're in the huge downfall of the, the free fall of the stock market, which has also shown a free fall of Bitcoin prices. As we're recording this right now, it's at $5,800. I know we're talking about, you know, picking some up and buying some again, we are not financial.

Investors or advisors. So don't listen to us, do your own research before you decide what you're going to do, but, tell me your thoughts on this whole crash. Like we're watching Bitcoin fall or watching the stock market fall. Kind of where we were. Have you been sitting in all of this and how are you doing well?

Gary Leland: You know, I'm just little said. I just thought we just, my wife and I just did put like seven grand each and two for one or two IRAs, like a week before this happened. You, I wish we waited till now. I mean, we've seen a good bit of that gone, but you know, I'm just kind of riding it out and in the stock market, I mean, you know, I feel like everything comes back sooner or later.

I don't think this is the end of the world. And I think there's some great values out there. I'd probably if I was buying it, but I'm...

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