So you want to know how to buy cryptocurrency? The good news is that it’s not that hard to buy. There are several very trustworthy places to buy cryptocurrency and one in particular that I would recommend. However before you dive in and start buying you should know a few things. Please take your time and read this page, it could save you a lot of money!
There Are Hundreds of Cryptocurrencies – Which Ones to Buy?
The question isn’t how to buy cryptocurrency, but rather, which one to buy? There are hundreds to choose from but lets just start at the top. First of all you have Bitcoin. It’s the most expensive, safest cryptocurrency. Whatever you decide to buy, make sure you hold some Bitcoin.
All other coins are known as Alt Coins. It’s up to you to decide what you want. If you are planning on leaving your coins on the exchange then you don’t have to worry too much about what you’re buying.
A wallet such as the Ledger Nano is highly recommenced. It can over 1000 different cryptocurrencies including all the top ones like:
Bitcoin (BTC), Bitcoin Cash (BCH), Bitcoin Gold (BTG), Ethereum (ETH), Ethereum Classic (ETC), Litecoin (LTC), Dogecoin (DOGE), Zcash (ZEC), XRP (XRP), Dash (DASH), Stratis (STRAT), Komodo (KMD), Vertcoin (VTC), Viacoin (VIA), Stealth (XST), Hcash (HSR), Digibyte (DGB), Qtum (QTUM), Peeercoin (PPC), PivX (PIVX), PosW (POSW),ZenCash (ZEN)
So get yourself a Ledger Nano and you’re ready to keep your cryptocurrencies in cold storage away from hackers! You can start buying cryptocurrencies before you get your wallet though so lets have a look at where to buy cryptocurrencies.
Where to Buy Cryptocurrency
There are numerous exchanges online where you can buy cryptocurrency. Some are not trustworthy and you should stick to the main ones.
The most trusted exchange is Binance.com. I recommend you open a free account if you they are accepting applications. When demand for crypto surges they have been know to not let people join. So if you can open an account straight away.
Binance has lots of advanced features that look complicated but don’t let that put you off. They make make buying and selling cryptocurrencies really easy for beginners. They have lots of good tutorials which show you how to buy cryptocurrency quickly and easily.