Episode Highlights

Centralized exchanges facilitate the buying and selling of crypto

Signing up for an account on an exchange is fairly straightforward

Always do your due diligence before you sign up for an account; in particular, read the terms of service.

Funding a crypto account can sometimes be convoluted.

There are various exchanges that Ugandans can use.

Helpful links

Exchanges

• Binance: https://www.binance.com/en
• Kraken: https://www.kraken.com
• Coinbase: https://www.coinbase.com
• Kucoin: https://www.kucoin.com
• Bitstamp: https://www.bitstamp.net
• Gemini: https://www.gemini.com

Exchange hacks

Mt Gox hack 2014: https://www.investopedia.com/terms/m/mt-gox.asp

Binance hack 2019: https://www.coindesk.com/markets/2019/05/07/hackers-steal-407-million-in-bitcoin-from-crypto-exchange-binance/

Terms of service

Coinbase terms of service: https://africa.businessinsider.com/tech-insider/coinbase-warns-users-could-lose-their-crypto-holdings-if-the-company-goes-bankrupt/r6bs75w

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001679788/89c60d81-41a2-4a3c-86fb-b4067ab1016c.pdf