I am new to Crypto, What should I do ?

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    Enter the world of Crypto with the right information and mindset, it is not a way to get rich quick but it is certainly the best investment for passive income. You are still early and you should be proud of that. Continue reading so you get acquainted and you know where to look for information and what sort of scams you should stay away from.

    Asking for help in Inbox / DM is a bad and harmful habit. If someone can not help you publicly, consider him a scammer !!!

    STEP 1 : Create your CEX Account

    Before you can enter in the world of crypto you will need to setup an account on a cryptocurrency exchange, which allows you to buy/sell or trade cryptocurrencies. You can make an account on any single or all exchanges, Exchanges are listed in the order of their market share:

    1. ByBit
    2. Binance [Boycott]
    3. OKX
    4. KuCoin

    While the above exchanges are among the top 10, all of them will make you go through “Know Your Customer” KYC. If you prefer not to do that you can always use : MexC

    Step 2 : Buy / Sell Crypto

    Once you have created your account on any Crypto exchange, you need to buy USDT (which is the gateway to crypto) USDT is pegged against dollar i.e. 1 USDT = 1 USD. Buying and Selling Crypto in Pakistan :

    1. Peer to Peer (P2P) : Buying and selling in Pakistan is done through P2P
    2. Deal Via Admin (DVA) : This facility is made by Crypto Awaz to avoid ongoing bank chain dispute scam and for people who want to deal with retail users and not those who are listed as merchants on exchanges.

    Time the Market – When to Buy : No one can time the market, therefore it is recommended to split your investment over a longer duration, Packet Investment Strategy should help – the example divides the investment in 4 packets, however you can always divide it further. If you have 30 USDT you can always spread it over 30 days by investing 1 USDT a day.

    Step 3 : Store / Spend Crypto

    Once you know how to get started and have accumulated crypto, be mindful that exchanges are NOT CRYPTO WALLETS and they should not be used to store crypto if you are planning to hold assets for long.

    Store in Crypto Wallets : Crypto wallets are of 2 types i.e. Cold Wallets/Hardware Wallets and Hot Wallets. Both offer a greater deal of protection. While sending your asset to crypto consumes network fee , it may not make sense in start but over the period of time you may find it wise to start storing your assets in an actual wallet.
    Spending Crypto : Due to lack of Crypto regulations in Pakistan, it is very difficult to spend crypto in Pakistan. however some services like Crypto Cards make spending crypto in store and/or online very convenient.

    Step 4 : Get Involved

    I do not recommend this for people who have not gone through Step 0 and do not fully understand the risks associated with crypto. For those who know should head over to Airdrop section in Crypto Awaz Discord and start participating, most of the farming require your time with $0 cost. while some require on chain activity which may cost you a few $. I would like to reiterate here that DO NOT involve yourself in this if you do not understand how these things (or atleast the basic) work.

    Go through the FAQ section and search whatever your query is to get your answers …

    Step 0 : most important

    If you are new, to crypto you should go through these links so that you know how crypto scene works and know it once and for all.

    1. Please go through these links :
    = What is Cryptocurrency [Video]
    = Cryptocurrency Guide for Starters [Article]

    2. Install Crypto Awaz android App to stay informed and for getting Airdrops / Giveaways
    Android App

    3. Anyone messaging you should be taken as a scammer

    4. DO NOT ask for coin investment without watching the intro video and guide given at #1

    5. Read various guides given in Guides section and also go through featured posts
    = Guides
    = Featured

    6. Once you have consumed the above , you can join Crypto Awaz Discord Server to get daily market updates and trading signals on which coin to buy / hold or sell

    7. Lastly don’t rush into it , you are still early and don’t think kay aj na invest kia to bus kuch nahi ho sakta phir

    Hope it HELPS !!! If you don’t want to read /watch videos then you won’t be able to understand what you are doing and will always be at the mercy of others.

    8. IF AND WHEN you are ready to take a step ahead you can always see Crypto Awaz Marketplace for some paid courses and Signal provider services, BUT do it when you understand what you are getting your self into and while everything is available for free, paid services make it easy at times … You can always ask your queries on the biggest Cryptocurrency community of Pakistan.

    Updated on March 8, 2025
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