Hello everyone, I would like some guidance and or be pointed to the latest tutorial. I have casually followed cryptocurrencies for a while and am considering buying XRP. I have never purchased BTC or any other coins. I do have a BTC online wallet that I use for mining with nicehash with my 1070ti.
Before I continue, I realize that this investment is very speculative and 10k is small percentage of my overall index fund equity portfolio so I accept the risk of losing it all.
I am in the US and bank with capital one who I understand places restrictions with cryptocurrency. I was going to transfer money first to my fidelity brokerage account and from there wire the money to an exchange.
What exchange should I use? I read concerns with tether and the exchanges using BTC/USDT. Does the exchange automatically buy BTC and then buy XRP? Would you choose a Toast wallet or cold storage? I would like to stay as anonymous as possible.
I am in no rush to buy and if I go ahead it will be in 1-2 weeks.