Cryptocurrencies You Can Buy Online

Buying, selling and trading cryptocurrency has become easier and more popular over the years.

Many people have made fortunes from doing this.

In this guide, we will cover how you can get started TODAY.

Best Cryptocurrency Trading Platform

Etoro Icon

Etoro

The World’s Leading Social Trading And Investment Platform For Cryptocurrency

Best Cryptocurrency App

Coinbase Icon

Coinbase

The World’s Leading Cryptocurrency Exchange Trusted By Over 30 Million Users

Best Cryptocurrency Trading Tools

Kraken Bitcoin Exchange Icon

Kraken

One Of The Largest, Oldest And Most Secure Bitcoin Exchanges In The World

buy and trade cryptocurrency

Last Update April 14th, 2020. Buying and trading cryptocurrency has never been easier. There are many platforms that will allow you to buy many cryptocurrencies at one time.

Etoro is one example of this.

Some exchanges like Kraken have a plethora of trading tools to make it easy for you to buy and sell cryptocurrencies.

How To Buy Cryptocurrency Summary

  1. Visit Etoro
  2. Sign up and verify your account
  3. Add a funding method and make a deposit (minimum $50)
  4. Select the cryptocurrencies you want to trade
  5. Buy cryptocurrency

Where Can I Go To Buy Cryptocurrency Online?

There are many exchanges you can go to for buying and trading cryptocurrency. The most popular and trusted exchanges include Etoro, Kraken, Coinbase, and CEX.IO.

Which Cryptocurrency Should I Buy?

There is no right or wrong answer to this question. The best cryptocurrencies are the ones with a large market capitalization, diverse user base and developer support.

How To Buy Cryptocurrency With Credit Card, Debit Card Or A Bank Account

Buying cryptocurrency using traditional payment methods i.e. credit card, debit card, bank account, and wire transfer is the most popular way for beginners to start trading.

Etoro

Etoro Homepage - Build A Better Crypto Portfolio

Rating:

Website:etoro.com
CEO:Yoni Assia
Headquarters:London, United Kingdom
Founders:David Ring, Ronen Assia, Yoni Assia
Founded:2007
Customer service:Knowledge Base

Etoro is a multi-asset platform that offers both investing in stocks and cryptocurrencies, as well as trading CFD assets.

Please note that CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Since 2007, Etoro has been democratizing traditional money management in order to open the financial markets to everyone, everywhere.

Deposits may be made via online bank transfer, wire transfer, e-wallet (PayPal, Skrill, or Neteller), or bank card, and the minimum deposit amount is $50. Customers may withdraw funds from their Etoro account at any time, and without fees from the platform (though charges from your bank may apply).

Etoro accepts deposits in USD, EUR, GBP, JPY, AUD, RUB, CNH, and CAD.

Pros

  • Diverse selection of markets
  • Excellent reputation
  • User-friendly interface
  • Great customer support
  • Low fees

Cons

  • Bitcoins can only be withdrawn in the form of fiat currency

Disclaimer: 75% of retail investor accounts lose money when trading CFDs


ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Kraken

Kraken Homepage

Rating:

Website:kraken.com
CEO:Jesse Powell
Headquarters:San Francisco, California
Founders:Jesse Powell
Founded:2011
Customer service:Knowledge Base

Kraken is the world's largest Bitcoin exchange in terms of both total volume and liquidity and accepts almost every type of bank or wire transfer as a funding method.

Kraken Pro provides individual investors with real-time trading and charting tools.

Kraken accepts deposits in USD, EUR, CAD, GBP, JPY, and CHF.

Pros

  • Respectable reputation
  • Global support
  • Reliable customer support
  • Tiered verification
  • Affordable fees

Cons

  • Few payment methods
  • Sophisticated UI

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Coinbase

Coinbase Homepage

Rating:

Website:coinbase.com
CEO:Brian Armstrong
Headquarters:San Francisco, California
Founders:Brian Armstrong, Fred Ehrsam
Founded:2012
Customer service:Knowledge Base
More information:Read Review

Coinbase is the dominant U.S. cryptocurrency exchange that is known, used and trusted by millions of customers worldwide. The world-class user interface is both colorful and accessible and there is even a mobile app available for Android and iOS.

Coinbase accepts deposits in USD, EUR, GBP, CAN, AUS, and SGD.

Pros

  • Established reputation
  • User-friendly interface
  • High liquidity
  • Large purchasing limits
  • Strong security

Cons

  • Support takes time to respond
  • Slow bank transfers

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

CEX IO

CEX.IO Homepage

Rating:

Website:cex.io
CEO:Oleksandr Lutskevych
Headquarters:London, United Kingdom
Founders:Oleksandr Lutskevych, Dmytro Kalynovskyi, Victoria Polyakova, Peter Ivanov
Founded:2013
Customer service:Knowledge Base
More information:Read Review

CEX.IO is a multifunctional cryptocurrency exchange that is trusted by millions of customers worldwide and allows users to buy bitcoin with a credit card or debit card seamlessly.

CEX.IO boasts multiple payment options (SWIFT, SEPA, ACH, Faster Payments), 24/7 customer support, and proven platform stability.

CEX.IO accepts deposits in USD, EUR, GBP, and RUB.

Pros

  • Established and trustworthy
  • Supported worldwide
  • Low fees
  • Simple credit card purchases
  • Clean user interface

Cons

  • Verification procedure requires private information
  • Lengthy verification time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Wirex

Wirex App Homepage

Rating:

Website:wirexapp.com
CEO:Pavel Matveev
Headquarters:London, United Kingdom
Founders:Dmitry Lazarichev, Pavel Matveev
Founded:2014
Customer service:Knowledge Base

Wirex is a debit card that automatically converts multiple crypto and fiat currencies at the point of sale, letting you seamlessly spend money from your Wirex account in real life, anytime, anywhere.

Once you add money to your Wirex account you can exchange between any of the currencies in-app or online, instantly.

Wirex accepts deposits in AUD, CAD, EUR, CHF, CZK, GBP, HKD, JPY, MXN, SGD, and USD.

Pros

  • Multiple funding methods
  • Ability to purchase bitcoin at market rate
  • Wallet and exchange

Cons

  • The initial lag time
  • Not supported in all countries

ReputationFeesPrivacyLimits
GreatLowHighHigh

Coinmama

Coinmama Homepage

Rating

Website:coinmama.com
CEO:Sagi Bakshi
Headquarters:Israel
Founders:Laurence Newman, Nimrod Gruber, Ilan Schuster
Founded:2013
Customer service:24/7 email support and Knowledge Base
More information:Read Review

Coinmama specializes in selling Bitcoin and cryptocurrencies instantly with a credit card, or with bank transfer and is one of the most popular exchanges in the world.

Coinmama accepts all currencies, in particular, USD, EUR, GBP, CAD, AUD, and JPY.

Pros

  • Available worldwide
  • High purchasing limits
  • Dependable and trustworthy
  • Excellent leadership and customer support
  • Fast and secure transactions

Cons

  • High fees when purchasing with a credit card or debit card
  • Delay in processing time

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

How To Buy Cryptocurrency With PayPal

XCOINS is a secured lending platform and accepts PayPal as a funding method for buying bitcoin. XCOINS is a popular way for buyers to obtain bitcoin securely and instantly with PayPal buyer protection on their side.

LocalBitcoins is a person-to-person marketplace where buyers and sellers can meet up in person or exchange online from anywhere in the world.

XCOINS

XCOINS Homepage

Rating:

Website:xcoins.io
CEO:Sergey Nikitin
Headquarters:Santa Monica, California
Founders:Sergey Nikitin
Founded:2016
Customer service:Knowledge Base

XCOINS is a peer to peer lending platform on which buyers can buy bitcoins from sellers.

XCOINS accepts loan security deposits and purchases in USD.

Pros

  • Simple to get started
  • A fast way to acquire bitcoins
  • Great for making extra money on the side

Cons

  • High fees are incurred
  • There is a low transaction limit for new users

ReputationFeesPrivacyLimits
ExcellentHighHighHIgh

LocalBitcoins

LocalBitcoins Homepage

Rating:

Website:localbitcoins.com
CEO:Sebastian Sonntag
Headquarters:Helsinki, Finland
Founders:Nicholas Kangas, Jeremias Kangas
Founded:2012
Customer service:Knowledge Base
More information:Read Review

LocalBitcoins is a person-to-person bitcoin trading platform that specializes in connecting buyers and sellers.

LocalBitcoins gives vendors the ability to create offers in all currencies.

Pros

  • Available in every country of the world
  • A diverse selection of buyers and sellers
  • Supports many payment methods
  • Buyers get their bitcoins fast
  • Private

Cons

  • Lack of cryptocurrency diversity
  • Both sellers and buyers have a chance of being scammed.

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

How To Buy Cryptocurrency With Gift Card

If you have a gift card that you are no longer using you can go to Paxful and exchange it into bitcoin. Paxful accepts just about any type of gift card from every brand imaginable, so you can easily find a merchant that is willing to give you bitcoin in exchange for your new or unused gift card.

Paxful

Paxful Homepage

Rating

Website:paxful.com
CEO:Ray Youssef
Headquarters:New York, New York
Founders:Ray Youssef, Artur Schaback
Founded:2015
Customer service:Knowledge Base
More information:Read Review

Paxful is a person-to-person marketplace that supports over 300 payment methods.

Paxful gives vendors the ability to create offers in all currencies.

Pros

  • Escrow system
  • Security
  • Diverse payment methods
  • Simple user interface (UI)
  • Wide variety of sellers

Cons

  • Buyers and sellers are at risk of being scammed

ReputationFeesPrivacyLimits
ExcellentLowHighHigh

Pro Tip: You can use any exchange, especially XCOINS, Paxful or LocalBitcoins in conjunction with Changelly to instantly exchange bitcoin into any cryptocurrency you want.


What Are Some Of The Cryptocurrencies I Can Buy?

Some of the most popular cryptocurrencies available for purchase on most exchanges include:

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Bitcoin Cash (BCH)
  • Litecoin (LTC)
  • Binance Coin (BNB)
  • Eos (EOS)
  • Tezos (XTZ)
  • Stellar Lumens (XLM)
  • Monero (XMR)
  • Cardano (ADA)
  • Tron (TRX)
  • Dash (DASH)
  • Ethereum Classic (ETC)
  • NEO (NEO)
  • Zcash (ZEC)

You can view a full list of cryptocurrencies by market capitalization on coinmarketcap. Check with each exchange to see exactly which cryptocurrencies they support.

Why Do People Buy And Sell Cryptocurrency?

Trading cryptocurrency stocks is similar to foreign exchange (Forex) trading where traders can make a profit off the over-the-counter market changes of foreign currencies. Cryptocurrency has become more popular than forex over the years due to its high liquidity and ease of trading among other factors.

Apps For Buying And Selling Cryptocurrency Instantly

Etoro, Kraken Pro, CoinbaseCEX.IOWirex, and Paxful all have iOS and Android apps that you can download to buy cryptocurrency instantly.

ExchangeDownload App
EtoroiOSAndroid
Kraken ProiOS, Android
CoinbaseiOSAndroid
CEX IOiOSAndroid
WirexiOSAndroid
PaxfuliOSAndroid

Where Can I Go To Buy Cryptocurrency Stock?

The most popular place to go to buy cryptocurrency stock is Etoro. Its unique copytrading feature makes it easy to diversify a portfolio.

Where Can I Go To Buy Cryptocurrency Anonymously?

Most Bitcoin ATMs such as those manufactured by Bitcoin Depot or LocalBTM will allow you to buy multiple types of cryptocurrencies such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Dash, or Zcash. Check the local bitcoin ATM map here to see if there is one in your local area.

Buy Cryptocurrency With Venmo

The best place to go to buy cryptocurrency with Venmo is on Paxful. The peer-to-peer platform is a safe and easy way to buy bitcoin with just about any payment method. Alternatively, you can go to LocalBitcoins and find a nearby seller who is willing to deal with you. You can use Changelly to instantly exchange between cryptocurrencies like BTC and ETH.

Should I Buy Cryptocurrency Now?

Cryptocurrencies are becoming very popular financial markets for traders and investors of all kinds. As a result, the value of cryptocurrencies has risen over the past few years, which makes it a popular financial asset to own now.