How to buy cryptocurrency?

Once you decide on a cryptocurrency broker or exchange, you can sign up to open an account. Depending on the platform and the amount you plan to buy, you may have to verify your identity. This is an essential step to prevent fraud and meet federal regulatory requirements.

Can I buy cryptocurrency without my ID?

With some sellers, you can buy cryptocurrency without using your ID. They have fewer users, so it can sometimes take a while to find a seller; You must be very careful when choosing a buyer.

Is investing in cryptocurrency right for You?

Investing in cryptocurrency is not for everyone. The prices of cryptocurrencies can be volatile, which makes this type of investing likely a poor choice for conservative investors. If you are willing to assume greater risk as an investor, then investing in one or more cryptocurrencies may be right for you.

What are the best online brokers to invest in cryptocurrencies?

If you're an investor who's more accustomed to traditional brokerage accounts, there are a few online brokers that offer access to cryptocurrencies as well as stocks. Of the online brokers reviewed by NerdWallet, these include Robinhood, Webull, SoFi Active Investing and TradeStation.