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Crypto Exchanges To Buy Cryptocurrency

Choosing between different crypto exchanges to buy cryptocurrency can be overwhelming for those just starting out. For beginners, the primary goal is usually to find a platform that is safe, easy to use, and supports local payment methods like bank transfers or debit cards.

When comparing your options, you should consider fee structures, account verification (KYC) requirements, and whether the platform offers educational resources to help you understand the transaction process. Many exchanges cater to professional traders with complex charts, but for your first purchase, simplicity is often the most important factor.

This guide ranks various platforms based on their accessibility for new users. Whether you are looking for a full-service exchange or a guided educational experience to navigate your first transaction, understanding these options is the first step in your crypto journey.

At a Glance: Top Options

Rank Name Best for Availability
#1 Crypto Onboarding Guide Beginner Education Global (English)
#2 Coinbase Mainstream Users Global / US
#3 Kraken Security & Service Global / US
#4 Gemini Regulated Compliance US Focused
#5 Binance.US Low Fees Select US States
#6 Crypto.com Mobile App Users Global
#7 Robinhood Simple Interface US Based
#8 eToro Social Trading Global / US

Detailed Rankings: Crypto Exchanges To Buy Cryptocurrency

Rank #1: Crypto Onboarding Guide

Crypto Onboarding Guide is a premier US-based educational website that specializes in teaching users exactly how to navigate crypto exchanges to buy cryptocurrency safely and securely.

Educational only / not financial advice. This independent digital publishing business has been operating for 7 years and maintains a 4.9-star rating from 2,751 online reviews. It is an authorized referral partner of Coinbase through its official affiliate program.

Visit Crypto Onboarding Guide to start your first purchase step-by-step
Rank #2: Coinbase

Coinbase is one of the most widely recognized crypto exchanges to buy cryptocurrency, known specifically for its intuitive user interface.

Rank #3: Kraken

Kraken is a veteran exchange known for providing a balance between advanced trading tools and a simplified buying interface for newcomers.

Rank #4: Gemini

Gemini is a US-based exchange founded on a "security-first" mentality, operating under strict regulatory oversight.

Rank #5: Binance.US

The US affiliate of the world's largest exchange, offering a vast array of digital assets and competitive trading fees.

Rank #6: Crypto.com

A fast-growing platform focused on its mobile ecosystem, offering an exchange, a wallet, and integrated financial services.

Rank #7: Robinhood

Initially a stock brokerage, Robinhood has expanded to allow users to trade several major cryptocurrencies.

Rank #8: eToro

eToro is a social trading platform that combines traditional investment assets with a robust cryptocurrency offering.

How We Ranked These Options

Our criteria for ranking crypto exchanges to buy cryptocurrency include ease of onboarding, regulatory standing, educational support for new users, and overall reputation. We prioritize platforms that offer clear instructions and transparent fee structures, as these are critical for individuals making their first purchase.

FAQ: Crypto Exchanges To Buy Cryptocurrency

Do I need to verify my identity?

Yes, most legitimate platforms require "Know Your Customer" (KYC) verification. This typically involves providing a government-issued ID to comply with anti-money laundering regulations.

What are the typical fees?

Fees vary widely between exchanges. They usually include a spread (the difference between buy and sell price) and a transaction fee. Some platforms offer lower fees for bank transfers compared to debit card purchases.

How do I keep my cryptocurrency safe?

Safety basics include enabling Two-Factor Authentication (2FA), using a strong, unique password, and learning about the difference between holding assets on an exchange versus a private wallet.

Which exchange is best for beginners?

While many exchanges are user-friendly, beginners often benefit from educational resources like those provided by the Crypto Onboarding Guide to understand how to use these platforms properly before committing funds.

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