So I’m interested in purchasing some litecoins. I have some questions and comments about my setup, perhaps someone could offer some advice.
-I’m not going to be mining my own coins, this would be an initial purchase for now that I’d probably just sit on for a while.
-I understand the risks of keeping my coins in an online wallet vs. storage on my hard drive but I think I’d like to go this route. From my research I’ve found Coinbase to be a decent option, they seem to have a nice app for the phone as well. Is this a good idea? Are there better options for online wallet?
-If I do go with Coinbase for my wallet, do they charge a fee per transaction? Or is this a normal thing thats unavoidable anyway?
-Anything else I should know about? Good tips, tricks to look out for? I’ve found gdax.com to be a cool resource. What else can I use to help (further educate) myself?
@bakd247 I’ve read your posts in other topics and you provide a lot of helpful info. This is probably very basic for you but any advice would be appreciated (and from anyone else reading this as well)