How to Buy Cryptocurrency?
Paying, receiving payments and investing in cryptocurrencies is easy and accessible to everyone
What are Cryptocurrencies?How to Choose a Wallet?How to Buy Cryptocurrency?What Can You Do with Cryptocurrency?There are many different ways to obtain cryptocurrency
The most popular methods:
- P2P platforms. There are platforms where you can exchange money from your bank card for cryptocurrency. For example, https://p2p.binance.com.
- In your bank. Many modern banking mobile applications provide access to purchase cryptocurrency directly from your bank account. For example, Revolut, Coinbase.
- Wallets. Some wallets allow you to buy cryptocurrency using a debit or credit card, bank transfer, or even Apple Pay. There are geographical restrictions. For example, https://coinbase.com, https://crypto.com.
- Centralized exchanges. Exchanges are companies that allow you to buy cryptocurrency for traditional currency. They have control over any crypto assets you purchase until you transfer them to a wallet you control. For example, https://binance.com.
- Decentralized exchanges (DEX). If you want more control, buy ETH using smart contracts. With DEX, you can trade digital assets without giving control of your funds to a centralized company.
- Staking rewards. If you already have ETH, you can increase their amount by earning them as a validator node. You will receive ETH as payment for verification work.