Buying cryptocurrencies such as Bitcoin, Dogecoin and Cardano is now a simple and hassle-free process.
All you need to do is open an account with a trusted cryptocurrency broker that offers low fees - make a deposit and decide how many tokens you want to buy.
In this beginner's guide, we explain in detail how to buy cryptocurrencies - we discuss the step-by-step investment process and review the best exchanges to consider.
Where to buy cryptocurrency cheaply and safely
It goes without saying that in order to buy cryptocurrencies online, you must have an account with a broker or exchange.
When deciding where to buy cryptocurrencies - the platform you choose should offer low fees, a preferred payment method, small account minimums and of course - a strong regulatory framework. Whether you want to buy Solan, XRP or Ethereum, you need to choose an exchange or broker that suits your trading needs and financial goals.
Here's an overview of the best platforms that allow you to buy cryptocurrencies safely and profitably.
1. eToro - The best platform for buying cryptocurrencies in 2022.
You won't find a better online broker for buying cryptocurrencies than eToro - which offers a safe, cheap and budget-friendly way to invest. First of all, this innovative social trading platform is regulated by several tier one licensing bodies - including the SEC as well as the FCA, ASIC and CySEC. What's more, eToro is a member of FINRA.
To open an account with this broker, you only need to deposit $10, which is ideal for those who want to invest small amounts of money. Similarly, the minimum amount allowed for cryptocurrency purchases at eToro is also $10. Supported cryptocurrencies are plentiful at eToro, with more than 50 digital assets available for purchase. Therefore, at eToro you can buy Dogecoin and other popular altcoins at low fees.
This applies to both large cap tokens and a few DeFi coins. For example, you can buy Solana or Axie Infinity with a low transaction fee of just 1% on eToro.
eToro really excels when it comes to fees. For example, US customers can deposit funds without any fees - this applies to debit/credit cards, e-wallets and bank transfers. When buying and selling cryptocurrencies, you only have to cover a fixed transaction fee of 1% and low spreads. What's more, withdrawals in USD are also free.
If you are interested in cryptocurrencies, but have little experience in the field - eToro offers a Smart Portfolio that manages your investments on your behalf. The portfolio in question includes more than a dozen digital assets - which will be regularly rebalanced by the eToro team. This social trading platform makes it easy to buy Bitcoin using credit cards and other convenient payment methods.
Alternatively, you can choose to copy the best cryptocurrency traders on the eToro platform. The copy trading tool allows you to instantly copy the portfolios of any cryptocurrency traders on the platform, and you can also access detailed statistics on their performance, all at no extra cost! Finally, eToro also offers a highly rated mobile app, which is available for both iOS and Android. This means you can access the cryptocurrency market directly from your smartphone and buy Celo and other exciting new altcoins at tight spreads and low fees.
eToro is also widely regarded as the best stock broker because of its copy trading tools and zero commission policy for buying and selling stocks.
2. Coinbase - a great place to buy cryptocurrencies for beginners
Coinbase, founded in 2012, is a large cryptocurrency exchange and broker based in the US. With millions of customers using Coinbase to buy and sell cryptocurrencies, the platform is often the preferred provider for beginners. This is because Coinbase is easy to use and supports small investments.
On the other hand, Coinbase is quite expensive - especially when it comes to debit/credit card payments. This means that by using a Visa or MasterCard to purchase cryptocurrency immediately -. see how to buy bitcoin with a credit or debit card, Coinbase will charge you a fee of almost 4%. Standard commissions on this platform are also expensive at 1.49% .
On the other hand, you can deposit funds via ACH without incurring any fees. What's more, Coinbase offers a relatively wide selection of cryptocurrencies to choose from - you can diversify your funds well here. We also like the fact that Coinbase is regulated - and that it stores 98% of customers' digital funds in "cold storage."
3. Binance - a popular place to buy bitcoin to diversify assets
Binance is a well-known cryptocurrency exchange among many traders and cryptocurrency enthusiasts. It was initially established in China, but later moved its operations to Malta in the EU. Malta is a more cryptocurrency-friendly country than China, mainly due to its regulations and legal environment.
Binance has the largest number of cryptocurrencies among those we reviewed, and is most preferred by experienced traders. You can also buy altcoins on Binance.
Significantly, Binance is one of the most well-known cryptocurrency exchanges operating today. The downside of this platform is that it has encountered regulatory and legal problems in many countries, which may be the reason why some cryptocurrency investors are looking for an alternative exchange to trade their coins!
Moreover, the Binance platform can be complicated for beginners. So they have created a basic and advanced trading view to cater to both beginners and professionals. You just have to choose the right option that suits you.
Want to buy cryptocurrencies, but don't want to break the bank? Look no further! Binance offers some of the lowest fees in the industry. If you buy cryptocurrencies with a debit or credit card, you will be charged a fee of 1.8%. Still, this is a more affordable option compared to many other exchanges in this market.
In addition, Binance applies a fee of 1% on withdrawals to debit or credit cards. Users are charged a flat fee per withdrawal to cover transaction fees associated with withdrawing cryptocurrencies from their Binance account. The blockchain network dictates withdrawal rates, which can fluctuate unexpectedly due to factors such as network congestion.
Binance is famous for its huge selection of altcoins, which includes more than 500 options for non-US customers. On the other hand, the Binance.US exchange only supports 60 crypto. Registering with Binance is quick; just press a button, enter your information and you're done.
In order to access Binance products and services, including cryptocurrency deposits, transactions and withdrawals, every new user must verify their account. Verification levels include verified and verified plus. Verification on Binance is sometimes very slow. The verification process is a way to provide users with the best possible experience. Those with verified accounts can withdraw up to 100 BTC per day.
With Binance's fast and easy-to-use platform, you can be on your way to buying Bitcoin, Ethereum and more in just a few clicks. So what are you waiting for? Start trading today!
4.Crypto.com: Invest in Bitcoin at the touch of a finger
Crypto.com offers a wide range of investment options, as well as top-notch security measures to ensure that your cryptocurrencies are always safe. So you can start with the level of risk that is comfortable for you. In addition, Crypto.com has a user-friendly platform that makes it easy to start investing in cryptocurrencies! So what are you waiting for? Join the Crypto.com community today!
Crypto.com offers a simple and inexpensive way to get started in the exciting world of cryptocurrency trading. With the help of Crypto.com, you can easily build a wallet of your favorite cryptocurrencies and start taking advantage of all the opportunities the cryptocurrency revolution has to offer. With low fees and easy options.
Crypto.com is on an upward wave and nothing can stop it! The company has just announced that it has acquired the naming rights to the Staples Center in Los Angeles, renaming it the Crypto.com Arena!
Crypto.com's products are easy to use and perfect for anyone who wants to take advantage of secure payments and rewards. For example, with the Visa debit cards and DeFi wallet offered by Crypto.com, you can enjoy all the benefits of digital assets today!
With fees capped at 0.40% and declining as trading volume or significant CRO currency holdings increase, this platform is ideal for anyone who wants to invest in cryptocurrencies. What's more, with some of the lowest fees on the market, you can keep more of your hard-earned money in your pocket!
Ready to start trading cryptocurrencies? Crypto.com has you covered, offering some of the lowest fees in the industry. You no longer have to worry about high fees eating into your profits - with Crypto.com, you can reap all the benefits of cryptocurrency trading without sacrificing your hard-earned cash. With a fee of 0.40% for transactions with a monthly volume of less than $25,000, their transaction fees are lower than many of their competitors. Crypto.com is ideal for traders of all skill levels.
Crypto.com is the perfect solution for anyone who wants to grow their cryptocurrency portfolio. With Crypto Earn, you can start accruing interest on your assets right away! Simply deposit your preferred cryptocurrencies into the service and let its magic work. Over time, it will help you passively grow your capital and increase the value of your portfolio.
So register today and start taking advantage of this great opportunity.
Should I invest in cryptocurrencies?
When you first learn how to buy cryptocurrencies, you quickly learn that this market is extremely volatile.
For example, in the 12 months prior to writing this guide, Bitcoin reached 52-week lows and highs of $29,000 and $69,000, respectively.
In simple terms, this means that the range of variation is more than 80%.
With this in mind, it is important to do a lot of analysis before buying bitcoin.
On the other hand, as we will discuss in more detail shortly, it should be noted that 10 years before this text was written, Bitcoin was available to buy for as little as $1 per token. This means that the cryptocurrency has grown by more than 7 million percent since then.
And let's not forget that bitcoin is not the only cryptocurrency you can buy.
On the contrary, CoinMarketCap currently lists more than 17,000 different digital currencies - all of which can be freely traded online.
Significantly, some cryptocurrencies have done much better in recent years than Bitcoin.
Examples include Dogecoin, Shiba Inu, Ethereum, Binance Coin i Solana - all of which have outperformed Bitcoin since the launch of each project.
Beginning cryptocurrency traders often find it very difficult to choose which altcoin to buy and how much to invest in. Something that can potentially help is using the best cryptocurrency signals. Cryptocurrency signals do exactly what we hear. Simply put, they are trading ideas from experienced cryptocurrency traders, indicating whether you should buy or sell certain cryptocurrencies at a certain time and price.
Benefits of buying cryptocurrencies
The most important thing to consider when learning how to buy cryptocurrencies is whether this volatile and speculative asset class is suitable for your financial goals.
If you are still undecided, below we discuss some of the main benefits of buying cryptocurrencies in 2022.
Huge price increases
Before we present some examples of the success some cryptocurrencies have had after their launch, it should be noted that not all digital assets are doing well. On the contrary, many tokens have seen huge losses in terms of their token value.
Nevertheless, there is no doubt that the vast majority of people will seek to buy cryptocurrencies because of the huge profits they have brought in recent years.
For example:
- When BNB was launched in 2017, its token price was just $0.011
- In 2022, the BNB reached $530.
- This means that in just over five years, BNB's early investors have achieved a return of more than 480,000%.
- In other words, if you had invested just $1,000 in BNB when it was first launched, your portfolio would now be worth more than $4.8 million
Another example:
When Ethereum - which is the world's second-largest cryptocurrency by market capitalization - was first launched in 2015, its price was around $0.75.
At the end of 2021. Ethereum peaked at just under $4,900.
This means that in just over six years the value of Ethereum has increased by more than 653,000%.
Accordingly, the initial investment of $1,000 in 2015 would have grown to more than $6.5 million since then
While the above examples are just two of many - the key point is that by buying cryptocurrencies for your wallet, you have the chance to make significant profits. Of course, there is also the possibility of losing money - so keep that in mind.
Diversify our crypto portfolio
Another advantage of buying cryptocurrencies is that it's really easy to diversify. This is for two key reasons.
First, as mentioned earlier, you can now choose from more than 17,000 tradable digital assets. Therefore, to reduce the risk of overexposure to one or two cryptocurrencies, you can invest in a large basket of tokens.
Second, all cryptocurrencies can be broken down into small units. For example, you don't need to buy one full Ethereum token for several thousand dollars. Instead, you can invest any amount - even a few dollars.
This diversification strategy is particularly effective when you use a low-cost cryptocurrency broker that handles small investments. At eToro, for example, you can diversify over 40 digital currencies with a minimum investment of just $10 per asset.
Limited supply
Some, but not all, cryptocurrencies have a limited supply, which is determined by an immutable mathematical code.
For example, the total supply of Bitcoin will never exceed 21 million tokens - which is expected to happen by 2140.
Most importantly, thanks to these rules, cryptocurrencies cannot be manipulated by central banks or governments - which is the case with all fiat currencies in circulation.
The US Federal Reserve, for example, has printed trillions of dollars out of thin air since COVID-19 was created.
Another benefit of investing in limited-supply cryptocurrencies is that limited-supply assets tend to perform well over time.
Gold is a perfect example - its limited properties mean that demand will always outstrip supply.
Ideal solution for multi-currency payments
If you've ever transferred money overseas - especially if the beneficiary was based in an emerging or third-world country - you know that the process can be both slow and expensive.
- However, cryptocurrencies offer a viable solution to this problem, not least because the underlying blockchain is not constrained by jurisdictional boundaries.
- For example, if you wanted to buy XRP and transfer it - the transaction would take less than 5 seconds, regardless of where the sender and receiver are located.
- Moreover, the transaction would cost you a small fraction of a cent in fees.
These benefits do not apply only to XRP, but also to many other digital currencies currently in circulation.
Hedging against inflation and stagnant stock markets
One of the biggest economic consequences currently faced by countries around the world as a result of COVID-related stimulus packages is a sharp rise in inflation.
Simply put, this means that the value of money is losing value as the prices of goods and services rise.
To counter the very real threat of rising inflation, some investors are turning to stores of value such as Bitcoin.
After all, if one compares bitcoin with broader levels of inflation, the former performs well as a hedging tool.
In addition, cryptocurrency can also be a useful hedging tool against broader stock markets. For example, over the past five years, the S&P 500 index has risen by nearly 90%. Bitcoin, on the other hand, has increased in value by more than 3000% over the same period.
When to buy cryptocurrencies
If we consider that cryptocurrencies are a volatile asset class, we may be tempted to try to feel the market in terms of when to buy and sell.
As mentioned earlier, in the 52 weeks preceding the writing of this guide, Bitcoin had a volatility spread of 80% - that's a lot.
On the one hand, proper timing in the cryptocurrency market is no easy feat, as the industry is both volatile and unpredictable.
On the other hand, there are a few proven strategies you can follow to ensure that you enter the cryptocurrency market at the most advantageous time.
Buy the dips or "buy the dip"
The first strategy you might consider when trying to time the cryptocurrency markets is "buying dips." This is a strategy widely used in traditional stock trading and simply means that you will buy cryptocurrencies when the market is in a downtrend.
For example, in 2022 Bitcoin was valued at about $46,000.
Just over three weeks later, Bitcoin was valued at $33,000.
This means that by buying this market drop, you can buy bitcoin at a huge discount of 25% - compared to its price three weeks earlier.
The overarching concept is that while inexperienced traders get scared and panic when cryptocurrency prices fall, experienced traders see this as an opportunity to increase their holdings by buying more tokens, but at a discounted price.
Cost Averaging or Dollar-Cost Averaging
Various researchers argue that buying a bull market is not a profitable strategy over the long term - at least in traditional stock markets.
This is due to the fact that by buying only a bull market, you lose the chance for long-term price rises. With this in mind, you might instead consider a dollar-cost averaging strategy.
The main concept is that you will engage in a long-term investment strategy, where you will buy cryptocurrencies in fixed amounts, at specific intervals.
For example:
- Suppose you have $100 to invest in digital currencies every Friday.
- This means that every Friday you will buy cryptocurrencies at a different price - keeping in mind market fluctuations.
- Over time, your cost price will average out in line with the broader market
- In other words, when prices fall - you buy cryptocurrency at a lower cost
- And when prices rise, you'll buy cryptocurrency during the uptrend
The key point is that dollar-cost averaging eliminates the need to try and adjust to the market. Instead, you will slowly but surely build your portfolio through systematic investments. That way, you shouldn't be concerned with short-term price fluctuations.
Which is the best cryptocurrency to buy in 2022?
Now that we've discussed investment strategies and market timing, we can now talk about what cryptocurrency to buy in 2022.
Again, you have thousands of options to choose from - so independent research is key.
We, however, will discuss the five best cryptocurrencies to buy right now, according to our own subjective analysis.
Bitcoin - the best cryptocurrency to buy now for beginners
Of the more than 17,000 digital currencies listed on CoinMarketCap, more than 40% of all cryptocurrency investments are made in Bitcoin. This clearly highlights that Bitcoin is the most popular cryptocurrency.
Bitcoin is also the de-facto cryptocurrency in terms of market capitalization and mass awareness. Considering the above points, Bitcoin is probably the best cryptocurrency to buy for beginners.
Although bitcoin costs tens of thousands of dollars, you can invest in it in fractional amounts. With eToro, you only need to invest $10. As for growth, we mentioned earlier that Bitcoin was worth just $1 a decade before this guide was written.
BNB - the best cryptocurrency to buy for long-term growth
Another cryptocurrency that caught our eye is BNB - a top digital asset worth considering for long-term growth. This digital asset is backed by Binance - the world's largest cryptocurrency exchange.
When the token was first launched in 2017 - its main purpose was to allow users of the Binance exchange to reduce their trading commission. However, BNB has since expanded to a whole new level.
For example, the digital token is now the primary currency of the Binance smart chain. This decentralized blockchain network is home to tens of thousands of cryptocurrencies - and most transaction fees are paid in BNB
Decentraland - a great cryptocurrency to buy to invest in MetaVerse
Another cryptocurrency worth considering buying for your investment portfolio is Decentraland, which focuses on creating a global MetaVerse through a decentralized 3D gaming world. Players in Decentraland's virtual world can build characters, clothes and even real estate.
These digital products can then be exchanged with other users - with MANA being the native digital currency supporting the Decentraland project. To illustrate how lucrative the game can be, a virtual plot of land was sold for more than $2 million at the end of 2021 - the transaction was settled in MANA.
In terms of performance, in 2017 MANA was valued at just 0.025. In 2021, when the token last reached its all-time peak, MANA surpassed $5.20. This means that in just over three years of trading, Decentraland and its MANA token have risen by more than 20,000%.
Ethereum - the leading cryptocurrency to buy for smart contracts
Have you ever wondered if you should buy Ethereum right now? As mentioned earlier, Ethereum is the second largest cryptocurrency in terms of market capitalization - behind Bitcoin. The project was launched in 2015 and has dominated the niche of smart contracts. These are pre-programmed blockchain contracts that facilitate trustless contracts.
On the one hand, there are better performing smart blockchain contracts in this space - namely Neo and Solana. This relates to transaction speed, fees and scalability. However, Ethereum is approaching migration 2.0, in which it will move to Proof-of-Stake.
Thus, Ethereum 2.0 will take its smart contract-based blockchain to a whole new level. Not only in terms of lower fees and even faster transactions - but also the ability to scale on a much larger scale. That being said, Ethereum is still one of the best cryptocurrencies to buy in 2022.
Risks of buying cryptocurrencies
Now that we've discussed the benefits of buying cryptocurrencies, we need to discuss some of the main risks to consider.
The following are the most pressing risks associated with buying cryptocurrency.
Volatility
We have mentioned several times in this guide that cryptocurrencies are extremely volatile. This means that the value of your investment can rise or fall by a large percentage in a very short period of time.
For example, if you bought Dogecoin in early 2021 and sold it just seven months later, the value of your investment would increase by more than 10,000%.
On the other hand, if you bought Dogecoin in July 2021 and kept it until early 2022, you would incur losses of more than 75%.
Therefore, before you buy a cryptocurrency for your wallet, you need to be prepared for rapid price fluctuations.
A saturated market
Another risk to consider when learning how to buy cryptocurrencies is that the market is currently oversaturated.
As already mentioned, at CoinMarketCap more than 17,000 cryptocurrencies are listed, with even more to be added to the platform.
This means that beyond the top 100 projects, the cryptocurrency market is extremely fragmented. Simply put, this means that the total amount of money entering the market is currently distributed among a huge number of tokens.
As such, your chosen cryptocurrency may struggle to make an impact given the amount of competition in this space.
Hackers and security
Another serious risk to consider is that billions of dollars worth of digital assets have been stolen from cryptocurrency exchanges over the past few years. If you have funds on one such platform, your tokens may be stolen and you may have nowhere to turn.
That's why it's so important that you stay away from unlicensed platforms and buy cryptocurrencies only from regulated exchanges or brokers - of which there are very few. Additionally, if you want to store your cryptocurrency tokens in a private wallet, there are additional risks.
This is because if a user loses his private keys and does not back up his wallet with a recovery password, his funds will be lost forever. In addition, if the cryptocurrency wallet is hacked, this will also result in the loss of funds.
Ways to buy cryptocurrency
Another thing to consider when learning about investing in digital assets is the many ways to buy cryptocurrency.
When we say this, we mean the specific payment method you will use to finance your cryptocurrency purchase.
The best ways to buy cryptocurrency are discussed below.
Buying cryptocurrency with Paypal
Cryptocurrency can be purchased using Paypal In a very limited number of exchanges and online brokers. In most cases, you will be charged an additional fee because Paypal offers users the option to make a chargeback request.
This is, of course, a big risk for exchanges and brokers - which is why fees are usually high. That being said, if you deposit funds in U.S. dollars, eToro allows you to buy cryptocurrencies using Paypal without fees.
Buy cryptocurrencies with a credit or debit card
The best way to buying cryptocurrency online is to use a debit or credit card. This is because the purchase is usually made immediately.
For example, if you buy cryptocurrency with a debit card on a eToro, not only will you benefit from instant deposit, but dollar payments are also free of charge.
The same is true for credit cards, but their issuer may charge additional fees - so be sure to check it yourself.
Buy cryptocurrencies via Neteller or Skrill
Another way to buy cryptocurrency online is to use an e-wallet, such as Neteller or Skrill. You can use both of these popular e-wallets on eToro for a fee of just 0.5%. If you fund your account in USD, this fee is not charged.
Buy cryptocurrency via bank transfer
Many exchanges and brokers allow you to buy cryptocurrency via bank transfer - not least because this option is more cost-effective for platforms.
From the user's point of view, you will probably be able to deposit funds via ACH for free - although the transaction may take a few days to complete. Bank transfers are also usually supported, but some platforms charge a small fee for them.
How to buy cryptocurrencies safely?
The most important part of this guide is the security aspect of buying cryptocurrencies. Not only when it comes to staying away from unregulated platforms, but also when it comes to how tokens are stored.
With this in mind, below we explain the basics of buying cryptocurrencies safely.
Regulated brokers
When you buy cryptocurrency from a broker that is regulated by a tier one licensing authority - you can be sure that you are using a trusted provider.
- For example, eToro is regulated by the SEC and registered with FINRA.
- eToro is also licensed by the FCA, ASIC and CySEC.
At the other end of the scale is Binance. Although Binance is the largest cryptocurrency exchange in terms of volume and registered users, the platform is currently under investigation by several national regulators for operating without the required authorization.
Check fees
Another thing to consider when learning how to buy cryptocurrencies safely is to make sure you have a good understanding of what fees you are incurring.
- For example, there are now thousands of Bitcoin ATMs scattered around the world.
- They are aimed at average users who want to buy Bitcoin in exchange for hard cash.
- However, buyers are often unaware that Bitcoin ATMs charge huge fees - which often average 10-20%.
- This fee is often not quoted as a percentage.
- Rather, it shows how many BTC tokens you will receive for the amount of cash you want to invest.
For those unfamiliar with cryptocurrency prices, it can be difficult to recognize.
On the other hand, if you buy cryptocurrency from an online broker such as eToro, which is regulated by the SEC, you can be sure that the platform is transparent in terms of fees.
In fact, on eToro you only have to cover the difference between the purchase price and the selling price, which starts at just 0.75%.
Cryptocurrency wallets
When it comes to keeping your cryptocurrency funds safe, you usually have two options. First, many investors will want to withdraw their tokens to a private wallet - perhaps to a cell phone or desktop device.
These private wallets are typically non-trust wallets - meaning that the user is 100% responsible for the security of their tokens.
There are also trust portfolios, which are usually offered by online brokers and exchanges. On the one hand, entrusting your tokens to an unlicensed exchange is not a good idea.
However, by using a regulated broker such as eToro, Coinbase or Gemini, you can be sure that the platform has a number of institutional-grade security tools to keep your cryptocurrencies safe.
How to buy cryptocurrency on eToro - Guide
In this guide to buying cryptocurrencies, we have included all the parameters you should consider before investing.
- If you've weighed the risks and decided which digital assets interest you, we'll now walk you through the step-by-step process of how to buy cryptocurrency on eToro.
- Using this SEC-regulated broker in our tutorial, you'll be able to buy cryptocurrency on a spread-only basis from as little as $10 - and you can instantly deposit funds using your debit/credit card.
Here's what you need to do:
Step 1: Open an account
The first part of the process requires you to visit the eToro website and open an account.
It will take you less than a few minutes and will require the following information:
- Name
- E-mail address
- Cell phone number
- Home address
- Date of birth
Next, you need to confirm your cell phone number. You can do this by entering the PIN code that eToro sends to your phone via SMS.
Step 2: Upload the ID
The last part of the registration process will require you to upload some sort of identification document.
This is standard for all regulated brokers - because eToro must comply with AML regulations set by licensing authorities.
To complete this step almost immediately, you can send a copy of your passport or driver's license.
Step 3: Deposit funds
Now you need to add some capital to your eToro brokerage account. US clients only need to deposit $10 and no transaction fees will be charged.
You can choose from the following options: bank transfer, ACH, Paypal, Skrill, Neteller or debit/credit card.
Step 4: Search for cryptocurrencies
Assuming that you already know which cryptocurrency to buy for your portfolio - you can now complete the investment process.
To start the process, type the name of the digital asset in the search box at the top of the page.
Summary
In this beginner's guide on how to buy and sell cryptocurrencies online, we've covered everything you need to know to safely begin your investment journey.
In conclusion, it's important to do a lot of research before investing - both in terms of the cryptocurrencies you decide to add to your portfolio and the exchange or broker with which you intend to open an account.
If you're ready to buy cryptocurrencies today - eToro is a secure and regulated platform that allows you to invest from as little as $10 in more than 40 digital assets.
The views and opinions expressed here are solely those of the author and should not be taken as financial advice either. Every investment and transactional activity involves risk, so you are advised to do your own research when making any trading, investment or financial decisions.
