Choose a broker or cryptocurrency exchange
Choose between :
- Traditional Brokers
- Dedicated Crypto Exchange
Fund your account
Although it differs by platform, most crypto exchanges allow users to purchase crypto using fiat currencies such as the Pound (GBP), US Dollar (USD) or the Euro (EUR) using their debit or credit cards.
Place an order
You can usually place an order with the click of a button on your broker's or exchange's web or mobile platform. If you're planning to buy cryptocurrencies, you can do so by selecting "buy," choosing the order type, entering the amount of cryptocurrencies you'd like to purchase, and confirming the order. The same process applies to "sell" orders.
Select a storage method for your assets
After you've purchased your cryptocurrency, you'll need to store it in a safe place to protect it from hacks or theft.
At this point you may want to transfer your crypto to a different wallet and to do so you should understand the difference between :