I'm interested in buying crypto but have no idea where to start. What are the steps I should follow and what platforms or exchanges should I use? Is there anything I should know before making my first purchase?
6 answers
CharmedFantasy
Tue Nov 26 2024
There are four primary methods to acquire cryptocurrencies. One way is through the utilization of cryptocurrency wallet apps. An example of such an app is the Bitcoin.com Wallet app.
Raffaele
Mon Nov 25 2024
BTCC's spot service allows users to trade cryptocurrencies at current market prices. The futures service, on the other hand, allows users to speculate on the future price of cryptocurrencies. The wallet service provides a secure way to store cryptocurrencies.
DondaejiDelightful
Mon Nov 25 2024
Another approach involves brokerages. Platforms like etoro offer resources on how to invest in cryptocurrency, making it a convenient choice for those looking to buy crypto through this route.
InfinityRider
Mon Nov 25 2024
Cryptocurrency centralized exchanges (CEXs) are also a popular way to purchase crypto. These exchanges list a variety of cryptocurrencies and provide users with the ability to buy and sell them.
Alessandra
Mon Nov 25 2024
Peer-to-peer crypto exchange platforms are another option. These platforms allow users to buy and sell cryptocurrencies directly with each other, without the need for a centralized exchange.