What is a crypto exchange?

A crypto exchange is a marketplace where you can buy and sell cryptocurrencies, like Bitcoin, Ether or Dogecoin. Cryptocurrency exchanges work a lot like other trading platforms that you may be familiar with. They provide you with accounts where you can create different order types to buy, sell and speculate in the crypto market.

What is the best crypto exchange for beginners?

Coinbase is our pick for best crypto exchange for beginners because it offers a large number of supported cryptocurrencies, strong security, and advanced trading capabilities, all on an easy-to-use platform. Coinbase was founded in 2012 to enable people to seamlessly buy, sell, and store Bitcoin.

Where can I invest in crypto?

There are several ways and places to invest in cryptocurrency. Our list considers crypto exchanges, platforms and online brokers that offer crypto, as well as cash and payment apps that let you buy and sell Bitcoin, Ethereum and other digital assets. NerdWallet's ratings are determined by our editorial team.

What is a decentralized crypto exchange?

Decentralized crypto exchanges (DDEX) distribute responsibility for facilitating and verifying crypto trades. Anyone willing to join a DEX network can certify transactions, much like the way cryptocurrency blockchains work.