How to buy cryptocurrency

Often, the top cryptocurrencies make a safer starter portfolio because they’re widely traded, meaning you can sell if needed. These picks aren’t quite like blue chip stocks, but many are household names, like Bitcoin and Ethereum. Purchasing cryptocurrency When you decide on which cryptocurrency to purchase, you can enter its ticker symbol—Bitcoin, for instance is BTC—and how many coins you’d like to purchase. With most exchanges and brokers, you can purchase fractional shares of cryptocurrency, allowing you to buy a sliver of high-priced tokens like Bitcoin or Ethereum that otherwise take thousands to own.

Most traditional brokerages like Schwab and Merrill Lynch still don’t allow customers to hold crypto directly. Instead, here are some of your best options to buy crypto that don’t involve learning how to trade individual coins. Mutual Funds vs Cryptocurrency Note that while you have the option of getting a crypto wallet, you can also use a broker that specializes in cryptocurrency investing – like Webull. Webull lets you trade crypto for free, and your coin is housed with them, so you don’t have to worry about having a separate wallet. From there, you can buy and sell your cryptocurrency like you would a stock.

Futures provide leveraged exposure to the underlying cryptocurrency without directly owning it. They can be used by experienced traders to speculate on the price going up or down in the short term, or to hedge long-term cryptocurrency holdings. Micro-Bitcoin contracts, at 1/10 of a Bitcoin, allow traders to fine tune exposure. How To Buy Cryptocurrency Purchase any of 90+ of the most popular cryptocurrencies on top blockchain networks.

With N26 Crypto, you can buy and sell almost 200 cryptocurrencies without leaving the N26 app. No waiting times, no complex terms, and no new accounts or apps. Turn your cash into crypto, or vice-versa, instantly and easily. Cryptocurrency Trading Crypto or fiatMake your transactions in crypto or fiat.