How to buy crypto-currencies ?

How to buy crypto-currencies ?

When one wants to begin to use crypto-currencies, it can sometimes be difficult to know how to make his first purchase. So we will guide you step by step and explain to you how to get there.

The different platforms for the purchase of crypto-currencies

Before you buy crypto-currencies, you must first choose which platform you want to use to do so. You will find a large number and therefore able to choose between platforms such as Bitbay, Coinbase, CEX IO, Bitstamp, Bitpanda, Changelly, CoinMama or Binance. It is on these platforms that you will be able to buy crypto-currencies. However, before we go any further, have a look at what features each platform. All platforms do not offer, in fact, not the same offers. For example, remember to check that the platform you choose offers the type of crypto-currency that you want to buy.

The registration and validation of your account

Once your chosen platform, you will need to register on it. To do so, you must generally provide information about your identity, and your email while creating your password. In addition, you will probably need to provide documents to confirm your identity. You will need to provide either your identity card or your passport, or your driver’s license. To provide, you can either send them directly, or take a picture using your webcam or mobile phone. You will also be asked to confirm your registration, usually by clicking on a link that will be sent to you by email.

Deposit money on the platform

Once your account on the platform is validated, and that all checks are carried out, it remains for you to make a deposit on the platform. All platforms allow you to do it by bank transfer so that some of them also allow you to do so using other means of payment. You will need to give your payment details. It is for this reason that we recommend that you only use the platforms that we have advised you to avoid any risk of scam.

Buy the crypto-currency on a platform

Once you have made a deposit on the platform that you have chosen, it only remains for you that to buy the crypto-currency. To do this, if your platform offers several, you must first choose the type of crypto-currency that you want to buy. Then, you must go to the section Buy Orders (purchase Orders) to view the bids available. Once you have found one that works for you, it remains for you to complete the transaction.

What you must remember

  • To buy the crypto-currency, you must first select the platform on which you want to do. Remember to consider the bids offered by all platforms.
  • Then, you have to register on this platform. You will need to provide personal information as well as proof of identity.
  • You must then make a deposit. You can do so by bank transfer or, on some platforms, with other means of payment.
  • You will need to select the type of crypto-currency that you want to buy, then choose the offer that suits you in the topic of purchase.