Since there are many more platforms besides the ones mentioned above, here is a list of some of the biggest or most popular exchanges where buying digital currencies is available:
Bitfinex (buying cryptocurrencies for US dollar)
GDAX (currently named Coinbase, US cryptocurrency exchange)
Summary – buying cryptocurrencies for EUR, USD or GBP
We hope that in this article you have received in a light and accessible form all the necessary information on how to buy cryptocurrencies. In our opinion it is much simpler than it seems at first. Now it remains for you to choose which cryptocurrencies are the most interesting, popular or the best in your opinion.
However, it should be remembered that buying cryptocurrencies involves a lot of risk, and on many platforms it is done using special programs so-called bots, which trade on their own without the participation of a human, who only records the conditions under which the transactions of buying and selling encrypted electronic currencies are to take place. It is worth noting that often cryptocurrency buying transactions also take place via mobile applications, so it is worth finding out if the platform you choose has such a mobile application for trading.
Some final information about buying cryptocurrencies or encrypted electronic currencies
In this article I tried to gather for you as much information about interesting and innovative encrypted digital currency projects as possible. First of all, I focused on digital currencies that, in my subjective opinion, have the greatest potential for development and enjoy the greatest popularity. That is why I presented and described only a dozen or so, while there are of course many more purchasable cryptocurrencies… it is estimated that more than a thousand and more enter into circulation.
I hope that this article has given you full and comprehensive information on how, step by step, to buy cryptocurrencies for FIAT currencies and has drawn your attention to those projects that are worthy of your interest, so that you do not get lost in the maze of different information. Of course, I cannot directly and unequivocally indicate which projects will gain in value and stay with us for many years. Since no one knows the future and therefore the future of individual projects, I advise you to be very careful. To sum up, I wish you many accurate investment decisions and that the boom on the market and price increases lasted as long as possible because this way you will probably earn more.
To conclude and wrap up this article I wanted to warn you about the risks associated with investing in cryptocurrencies. Although the boom on the market of 2020/2021 looks impressive, it will surely end at some point. Probably a large part of the projects will lose a lot of value when the Bitcoin price starts to fall. Therefore, invest only small amounts that you can potentially lose. Don’t be fooled by analysts and the many optimistic sages on the Youtube channel who tell you that you will become a millionaire. Because most of these stories and predictions will probably not come true.