Topic: How to buy Cryptocurrency? (Read 269 times)

When you are for a long time you dont even imagine anyone can ask that question how to buy crypto but yes for user who is new in this aspect its very important question so we need something like a guide for them ,so its good someone has done work to help new users dont make mistakes we have done before.

First you need to decide what payment option you are using to buy cryptos.If it is with fiat then there are certain exchanges and P2P sites like localbitcoins are available.

If you are going to buy other cryptos with bitcoin or ethereum you can just buy it by registering at exchange and trading it.

Its quite easy to buy cryptocurrencies now as many exchanges offer the service to by bitcoin and ethereum via credit card.

It’s important to do a little research before you start trading on any platform. Few things should be considered before trading on any platform, they are - check the reputation of an exchange, the exchange rate, trading fees, payment methods available on an exchange and the verification requirements.

Binance and Bitfinex are the top cryptocurrency exchanges where many users buy cryptocurrency.

Binance is one of the crypto exchanges with the highest trading volume and has more amount of coins available for purchase. It is based in Hong Kong, with offices located in several other countries such as Japan and China. It is available to all countries and US states.

BitFinex is one of the larger cryptocurrency in terms of volume and users. It is based in Hong Kong and has trading fees of .1% for makers, and .2% for takers. It is important to note that BitFinex does not allow US users to sign up for their exchange. Bitfinex is limited in the countries they serve and do not accept US signups.

Every exchange will have their own unique features and people choose to buy at the best exchange. They will select the exchange that gives the best rate. I would suggest to check out CoinSwitch for crypto trading at best rates. It is an aggregator of many exchanges, it gives an option to compare the price of a coin across the exchanges and buy crypto at the best rate.

The ease of buying bitcoin and other cryptocurrencies depends on the country you are living in.
Coinbase is common in America and some European countries.

I live in Nigeria and to buy cryptocurrency here, the easiest and most reliable sources is the Luno and Reminato applications. Other trades sell over the counter but those two are the most reliable.

To buy crypto currency is easy

1. Do your own research and find out which coin you are buying
2. Raise your capital and visit the exchange of your choice
3. Make your purchases  and store on a hard wallet

For me buying from the exchange is a bit safe,which also give confidence that the token has a long way to get to exchange and for more security.

I usually buy ETH or BTC in cash through a trusted OTC website, and then exchange for cryptocurrency. This kind of trading method is very safe and there is no problem.

There's so many exchange online and tons if information so it kinda hard to miss it

In fact if you are trying to buy crypto in some unusual way you will be surprised with awful rates and commissions.
The more rare your exchange direction is the harder it is to find some normal exchange rate there. That's simple, because there is less business competition in these rare exchange directions and exchangers can easily set exorbitant prices and watch you cry

same with me,, i can buy bitcoin or others cryptocurrencies with my local currencies
because a good exchange called indodax already born in my country a long time ago my friend

There are different  means that people use whenever they want to buy cryptocurrency. For instance in my locality, we make use off escrow groups, where a trusted person comes in as the middle man. So most times we use bank transfers to make our purchase.

In our country this is a problem, since there are no special exchange points. As far as I know, many people buy it from other people on the line. I hope this situation will change soon!

I always recommend buying cryptos via coinbase to new investors due its convenience. I'm located in USA BTW. I always say this:

Them: Where do I buy bitcoin/ethereum/litecoin?

Me: Download Coinbase application and buy some with your cash you can afford to lose.

Plain and simple.

I always look at the difference in price on the exchanges when I'm going to buy a particular coin. You can buy cryptocurrency not only cheaper but also try to speculate on the difference.

yes, crypto is global and continues to be developed by many countries to invest. in the forum there are many different people from their countries and we discuss according to the projects we follow. now it is very easy to become an investor in crypto currencies but it is not easy to get profits quickly because the possibility of a rush can occur. I think Crypto has a good future.

Crypto currency buying is easy at anyone. But recently many altcoins are continuously fluctuating so It is hard to choose the best platform. I personally trying to explore the entire crypto platform so we will buy more crypto in every day it will increase the knowledge of crypto signal so we can earn good profit in short period.

it's easy to buy cryptocurrency now, there's a crypto market in almost every country that made it easy to buy and trade cryptocurrency.
since not all people can read and write english fluently most people only use crypto market from their country.

There are many ways and places to buy crypto now. You can search the internet how. So now it's not difficult for us to buy crypto. If I explain here, I may explain very long. But it's actually very easy to buy crypto. And there are also many markets for buying crypto.

There are a lot of ways. But it is better to use proven: exchanges, exchangers. Personally, I prefer to buy cryptocurrency on exchanges working with fiat money.