Whether it is the idea of cryptocurrencies itself or diversification of these portfolio, people from all avenues of life are investing in digital currencies. In case you are not used to the theory and wondering what’s going on, below are a few basic concepts and considerations for acquisition of cryptocurrencies.What cryptocurrencies are available and how will i get them?With a market cap of about $278 billion, Bitcoin is the most established cryptocurrency. Ethereum is second having a market cap that could reach over $74 billion. Besides those two currencies, there are a number of other options also, including Ripple ($28B), Litecoin ($17B), and MIOTA ($13B).Being first to market, there are plenty of exchanges for Bitcoin trade around the globe. BitStamp and Coinbase are two well-known US-based exchanges. Bitcoin.de is surely an established European exchange. In case you are considering trading other digital currencies in addition to Bitcoin, then the bitrage is in places you will find every one of the digital currencies area. Here is a set of exchanges in accordance with their 24-hour trade volume.What options should i store my money?Another important consideration is storage with the coins. One option, obviously, would be to store it on the exchange in places you buy them. However, you will have to be mindful in selecting the exchange. The popularity of digital currencies has triggered many new, unknown exchanges showing up everywhere. Spend some time to do your homework so you can steer clear of the scammers.An alternative choice you have with cryptocurrencies is you can store them yourself. One of the safest choices for storing ignore the is hardware wallets. Companies like Ledger enable you store Bitcoins and lots of other digital currencies also.