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Where & How to Buy Crypto in 2026 – Best Places & Exchanges to Buy

Knowing where and how to buy crypto in 2026 is important because it is more about how safe the crypto exchange is than the number of cryptocurrency listed. While a lot of investors are sceptical about investing in cryptocurrency in 2026, the same proportion also see crypto as a short-term investable asset.

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How to Buy Crypto in 2026

As the popularity of cryptocurrencies continues to grow, more and more people are looking to invest in digital assets and take advantage of the opportunities offered by the dynamic crypto market. While it may seem a bit intimidating at first, Webopedia’s expertly curated how-to-buy cryptocurrency guide will show you how you can buy cryptocurrencies in six easy steps:

  1. Choose a reliable crypto exchange to buy the cryptocurrency from
  2. Create an account with the exchange and confirm your identity
  3. Use your preferred payment method to add funds to the exchange
  4. Find the crypto you want to buy and place a buying order
  5. Double-check the transaction details and fees charged
  6. Secure your newly purchased cryptocurrency into a crypto wallet

If you need additional guidance on buying cryptocurrency, our detailed walkthrough below will guide you through each step and support you with pro tips for the entire process, so check it out for further instructions.

Where to Buy Crypto – Best Exchanges

As we promised, in addition to showing you how to buy cryptocurrencies, we will also provide you with the best places for purchasing them in 2026.

These are the best crypto exchanges on the market for this year. Feel free to browse through our selection and find your favorite crypto marketplace from the list below.

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    MEXC
    # 1

    MEXC

     
    MEXC

    Since its establishment in 2018, MEXC has become one of the most popular cryptocurrency exchanges worldwide. While its services are expansive, it is unavailable to users in the United States and lacks detailed licensing disclosures.

    The exchange supports over 2,500 cryptocurrencies and offers features like staking, spot trading, and high-leverage futures trading. Fiat deposits can be made via credit or debit cards. The platform’s fees are highly competitive, offering no maker fees and low taker fees.

    Pros

    • An extensive selection of over 1,500 cryptocurrencies

    • Early listings of emerging projects

    • Competitive fee structure (0.2% standard)

    • No mandatory KYC for basic accounts

    • Multiple earning products (staking, Savings, etc.)

    • Futures trading with up to 200x leverage

    Cons

    • Not available to US customers

    • Less established reputation than major exchanges

    • Lower liquidity for some trading pairs

    • Limited regulatory clarity

    • Complex interface for beginners

    • Customer service language barriers

    Cryptocurrencies
    • Shiba Inu
    • Bitcoin
    • PAX Gold 72
    Support languages
    • English
    • Turkish
    • Vietnamese 5
    Bitunix
    # 2

    Bitunix

     
    Bitunix

    Bitunix is a crypto exchange specializing in derivatives trading. It was founded in 2022 by Aaron Lee with the goal of building a secure futures trading-focused platform suitable for novices and experienced traders. Headquartered in Saint Vincent, Bitunix is a regulated exchange with a Money Services Business (MSB) license with the US Financial Crimes Enforcement Network (FinCEN).

    Users can purchase crypto directly with seven fiat currencies using a debit or credit card. Alternatively, Bitunix has integrated third-party service providers that support buys with more currencies and payment methods, such as bank transfer and Revolut. Users also have access to a Peer-to-Peer marketplace for decentralized trading. 

    Bitunix offers 414 futures contracts with up to 125x leverage and 501 spot assets. It provides flexible crypto staking, dual-investment products, and copy trading. It also offers a crypto conversion tool and a recurring buy system. Fees are 0.08% / 0.1% (spot) and 0.02% / 0.06% (futures), which is reasonable compared to other crypto exchanges. 

    Bitunix is a reasonably well-equipped exchange catering to derivatives and spot traders. It boasts competitive fees and a good range of assets, but it lacks certain advanced features like trading bots and crypto loans. Thus, it’s best suited to spot and derivatives traders seeking a cheap platform, while those seeking a general feature set will likely prefer an alternative.

    Pros

    • Regulated exchange

    • Offers a good selection of assets

    • Spot and futures trading with high leverage

    • Competitive trading fees

    Cons

    • Lacks specific advanced features

    • The fiat on-ramp is restricted in countries like the UK

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 78
    Support languages
    • English
    • Spanish
    • Farsi 3
    BTCC
    # 3

    BTCC

     
    BTCC

    BTCC is a cryptocurrency futures trading platform founded in 2011 with offices worldwide. It’s a comprehensive platform covering both trading and investing. Users can purchase 395 assets on the spot market (BTC, major altcoins, and meme coins) and 376 USDT-denominated futures contracts, making BTCC versatile for traders.

    Users can deposit funds via credit/debit card, Skrill, or Simple/MoonPay (third-party services that cover a wide range of payment methods and currencies). Alternatively, users can buy/sell USDT, BTC, SOL, or ETH directly with other users via the Peer-to-Peer (P2P) marketplace. Demo and copy trading cater to novices.

    While BTCC is a fairly feature-rich trading platform, spot fees are high, starting at 0.3% (taker) / 0.2% (maker). Futures trading is much more competitively priced at 0.06% / 0.03%. With up to 500x leverage, BTCC is a solid choice for futures traders, but not investors.

    Pros

    • Supports a reasonable selection of assets

    • Multiple options for buying/selling crypto

    • Demo and copy trading assist beginners

    • Supports a broad range of payment methods

    • High leverage limits

    Cons

    • High trading fees

    • Unavailable in select regions

    Cryptocurrencies
    • Ethereum
    • Tether
    • USD Coin 164
    Support languages
    • English
    WEEX
    # 4

    WEEX

     
    WEEX

    WEEX is a global crypto exchange founded in 2018 that serves more than 2 million users. It offers multiple trading options, including spot and futures markets. However, users are restricted to using crypto for payments and withdrawals, as they cannot buy with or deposit fiat currency. The exchange is registered as a Money Service Business in Canada and the US. 

    While WEEX is a relatively bare-bones exchange in terms of features, it hosts 971 cryptocurrencies and offers copy and demo trading functionality. It also has a rewards hub offering various trading and airdrop promotions. WEEX offers zero maker fees and 0.1% taker fees on most trading pairs. However, some are subject to a 0.1% maker order fee.

    Pros

    • WEEX users can access up to 200x leverage on certain assets

    • Easy-to-navigate platform makes onboarding simpler 

    • Free maker fees on many pairs (competitive fees otherwise)

    • Registered as a money service business 

    • Copy and demo trading make WEEX suitable for beginners

    Cons

    • No fiat currency support

    • Not many additional features outside of trading

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 96
    Support languages
    • English
    BuyUcoin
    # 5

    BuyUcoin

     
    BuyUcoin

    BuyUcoin is a leading Indian crypto exchange operating since 2016, serving over 1 million users. It was founded by Atulya Bhatt, Devesh Aggrawal, and Shivam Thakral to provide a convenient way for Indians to invest and trade crypto. It’s registered with the Financial Intelligence Unit - India (FIU-IND) and is based in Delhi.

    While users may find BuyUcoin somewhat basic, as it lacks tools like futures trading, crypto loans, or bots, it offers a solid selection of 239 cryptocurrencies. However, some are not available to purchase on BuyUcoin. The exchange offers a basic line chart and a TradingView integration for advanced users. It offers an easy-trade tool and a spot exchange. 

    Outside of typical exchange features, BuyUcoin provides Systematic Crypto Investment Plans (SCIP) that involve buying regularly over extended periods. It also offers an NFT marketplace and Bitcoin rebates for trading.

    BuyUcoin is a strong choice for Indian crypto investors as it’s registered with FIU-IND. Trading fees are reasonable at 0.24%, so it’s a top crypto exchange for local enthusiasts, but international investors can find more feature-rich exchanges.

    Pros

    • Reasonable trading fees

    • Registered with FIU-IND

    • Good selection of assets

    • TradingView for advanced charting

    • Built-in NFT marketplace

    Cons

    • Doesn’t have advanced features

    • Can only trade spot, not derivatives

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 77
    Support languages
    • English
    Youhodler
    # 6

    Youhodler

     
    Youhodler

    Launched in 2018, YouHolder is a crypto exchange and loans platform available worldwide, except in a few countries, such as the USA and Canada. The exchange lets people trade 110 cryptocurrencies after depositing via crypto or fiat (credit/debit card, wire, bank transfer, SEPA). It also supports many fiat currencies, including  EUR, USD, GBP, and CHF. 

    While the exchange already offers up to 70x leverage, YouHolder’s Turbocharge tool lets people buy crypto with funds borrowed using their holdings as collateral. It also provides a crypto-loans feature, enabling users to borrow funds using their crypto without triggering a taxable event. MultiHODL trades charge an hourly rollover fee of 0.02%. No fee is listed for conversions. 

    Pros

    • Provides access to a reasonable amount of leverage 

    • Users can borrow based on their crypto holdings

    • MultiHODL lets people boost profits and losses through a series of crypto loans

    • Available in many countries with local currency support

    • A good variety of large and small cryptocurrencies

    Cons

    • Confusing fee structure, no listed costs for regular trades

    • Unavailable in the USA and Canada

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 57
    Support languages
    • English
    Kraken
    # 7

    Kraken

     
    Kraken

    Launched in 2013, Kraken is a US-based crypto exchange known for its robust security measures and consistent performance. With billions in daily trading volumes, it’s a go-to choice for both novice and experienced traders worldwide.

    Kraken supports a wide variety of cryptocurrencies—more than 300—and offers trading options like spot trading, margin trading with up to x5 leverage, and futures trading with leverage up to x50. The platform also provides staking opportunities for users looking to earn a passive income.

    Deposits are supported in six major fiat currencies via multiple payment methods. Kraken’s transparent fee structure rewards high-volume traders with lower rates.

    Pros

    • Strong security focus with no major breaches in its operating history

    • Competitive fee structure (maker 0.16%/taker 0.26%, decreasing with volume)

    • Over 200 cryptocurrencies available

    • Advanced trading features, including margin trading and futures

    • Excellent customer service reputation

    • Proof of reserves program for transparency

    Cons

    • Interface not as beginner-friendly as competitors

    • Fiat deposit methods are more limited than some exchanges

    • The verification process can be lengthy

    • Mobile app functionality is not as robust as the desktop version

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 83
    Support languages
    • Spanish
    • English
    • French 4
    CEX.IO
    # 8

    CEX.IO

     
    CEX.IO

    Founded in 2013 and based in London, CEX.IO is one of the earliest cryptocurrency exchanges. It operates globally, offering a secure platform for spot trading, margin trading, and staking.

    The platform supports over 180 cryptocurrencies and allows users to deposit fiat in USD, EUR, and GBP. Payment methods include credit cards, bank transfers, PayPal, and Skrill. CEX.IO’s tiered fee system provides reduced fees for high-volume traders, making it a cost-effective choice for active users.

    Pros

    • Operating since 2013 with a strong security record

    • Regulated in multiple jurisdictions

    • Competitive fees for high-volume traders

    • Margin trading and staking available

    • Multiple fiat currency support

    • Institutional services available

    Cons

    • Higher fees for low-volume traders and card purchases

    • Geographic restrictions on certain features

    • Verification can be lengthy

    • Less competitive rates for staking than specialized platforms

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 81
    Support languages
    • English
    Uniswap V2
    # 9

    Uniswap V2

     
    Uniswap V2

    Uniswap V2 launched in 2020 as the second iteration of the pioneering decentralized cryptocurrency exchange (DEX) that revolutionized how people trade tokens on Ethereum. The platform introduced the automated market maker model that eliminated the need for traditional order books, instead using liquidity pools where users can swap tokens directly.

    Uniswap V2 was a major breakthrough in decentralized finance (DeFi), allowing anyone to trade thousands of Ethereum-based tokens without going through centralized intermediaries. The protocol operates entirely through smart contracts, meaning only you control your funds and trading activity.

    The exchange became the foundation for countless other DEXs and helped establish the DeFi ecosystem we see today.

    Pros

    • Completely decentralized with no KYC requirements, allowing you to trade directly from your wallet

    • Access to thousands of Ethereum-based tokens, including many not available on centralized crypto exchanges

    • Liquidity provision opportunities where you can earn fees by supplying tokens to trading pools

    • No geographic restrictions since it operates on the blockchain without traditional regulatory oversight

    • Open-source protocol that anyone can interact with using various frontend interfaces

    • Permissionless token listings mean new projects can immediately offer trading without approval processes

    Cons

    • High Ethereum gas fees can make small trades expensive during network congestion

    • No customer support since it's a decentralized protocol without a traditional company structure

    • Smart contract risks including, potential bugs or exploits in the underlying code

    • Price slippage can be significant on smaller trading pairs with limited liquidity

    • Requires technical knowledge about wallet management and DeFi interactions

    Cryptocurrencies
    • Ethereum
    • Tether
    • Build'N'Build 90
    Support languages
    • English
    Crypto.com
    # 10

    Crypto.com

     
    Crypto.com

    Crypto.com, based in Singapore, has grown into a trusted name in cryptocurrency since its launch in 2016. It is widely accessible, serving most regions, including the US (except New York).

    The platform supports more than 250 cryptocurrencies and offers features like spot trading, staking, and derivatives trading with leverage. Fiat deposits are accepted in 20 currencies, including USD and EUR, via methods like PayPal and credit cards. Its tiered fee structure benefits frequent traders.

    Pros

    • An extensive variety of cryptocurrencies

    • Competitive trading fees

    • Provides access to multiple markets

    • Many useful features

    • Supports a good range of payment methods

    • TradingView integration for performing detailed analysis

    Cons

    • No Fiat Deposit Support

    • Prohibited in many countries

    Cryptocurrencies
    • Bitcoin
    • Holo
    • Litecoin 157
    Support languages
    • English
    • Italian
    • French 5
    Coinone
    # 11

    Coinone

     
    Coinone

    Coinone launched in 2014 as one of South Korea's major crypto exchanges, establishing itself as a key player in one of the world's most active crypto markets. The Seoul-based platform was built to serve Korean traders with Korean won trading pairs and local banking integration that makes it easy for domestic users to buy and sell cryptocurrencies.

    Coinone has navigated South Korea's strict regulatory environment while maintaining its position as a trusted exchange among Korean crypto enthusiasts. The platform represents the maturation of South Korea's crypto market and has played an important role in bringing cryptocurrency trading to mainstream Korean investors.

    Pros

    • Established reputation as one of South Korea's top cryptocurrency exchanges

    • Korean won trading pairs with seamless local banking integration for easy transactions

    • Operates under Korean financial oversight, giving you legal peace of mind

    • High security standards, including cold storage and multi-layer protection systems

    • Korean language interface with customer support tailored to local users

    • Professional trading tools with advanced charting and order management features

    Cons

    • Primarily available only to users in South Korea, which narrows its potential user base

    • Strict KYC verification requirements can make the registration process lengthy

    • Offers fewer crypto options than what you can find on global platforms

    • You'll likely pay more in fees than you would on many worldwide exchanges

    • Lower liquidity on certain trading pairs outside of major cryptocurrencies

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 70
    Support languages
    • Korean
    Coinrule
    # 12

    Coinrule

     
    Coinrule

    Coinrule, established in 2018, is an automated cryptocurrency trading platform designed to simplify trading for users without coding expertise. It operates on an "If-This-Then-That" framework, allowing traders to set up strategies based on specific market conditions. The platform integrates with major exchanges like Binance, Kraken, and Coinbase, offering tools such as backtesting, customizable trading rules, and pre-built templates.

    While its user-friendly interface makes it ideal for beginners, Coinrule has some limitations, including restricted exchange support and higher pricing tiers. Users can experiment with strategies risk-free using its demo account feature. 

    Pros

    • Automated trading strategy platform rather than traditional exchange

    • Templates for different trading strategies

    • No coding knowledge is required

    • Connects to major exchanges via API

    • Demo mode for testing strategies

    • Regular strategy performance updates

    Cons

    • Not an actual exchange (requires another exchange account)

    • Monthly subscription fees for advanced features

    • Learning curve for effective rule creation

    • Limited to exchanges with API support

    • Potential latency in trade execution

    • Relies on third-party exchange security

    Cryptocurrencies
    • Bitcoin
    • Litecoin
    • 1inch Network 1
    Support languages
    • English
    BitMEX
    # 13

    BitMEX

     
    BitMEX

    BitMEX is a crypto exchange designed for experienced traders who are interested in derivatives and high-leverage trading. The platform is well-known for its sophisticated trading tools and the ability to trade contracts with up to 100x leverage, making it a favorite among professional traders.

    BitMEX only supports crypto-to-crypto trading, which means users cannot deposit or withdraw fiat currencies. The platform has a reputation for strong security, employing multi-signature wallets and rigorous security protocols. However, BitMEX has faced regulatory challenges and is not available to users in certain jurisdictions, including the United States.

    The interface is tailored for advanced users, with a range of charting and analysis tools. However, this complexity can be intimidating for beginners. BitMEX’s customer support is responsive, but the platform’s lack of fiat support and regulatory issues may be concerning for some users.

    Pros

    • Advanced derivatives trading tools

    • High leverage options (up to 100x)

    • Strong security measures

    Cons

    • No fiat support (crypto-to-crypto only)

    • Not available to US users

    • Regulatory concerns

    • Not beginner-friendly

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 30
    Support languages
    • Chinese (Mandarin)
    • Russian
    • English
    Coinmama
    # 14

    Coinmama

     
    Coinmama

    Coinmama got started in 2013 as one of the earlier cryptocurrency exchange platforms focused on making Bitcoin and other crypto purchases simple for regular people. The Israeli-based company built its reputation by allowing you to buy crypto with credit cards and bank transfers when most other platforms were still pretty complicated to use.

    Over the years, Coinmama has maintained its focus on being a straightforward buying platform rather than a full trading exchange, which means it's particularly good for newcomers who just want to get their hands on some Bitcoin or Ethereum without dealing with order books and trading charts.

    The platform has expanded to serve users in over 180 countries, though it's faced some regulatory hurdles in certain regions.

    Pros

    • Simple buying process that's perfect if you're new to crypto and want to avoid complicated trading interfaces

    • Credit card purchases are available, making it easy to get crypto quickly without waiting for bank transfers

    • High purchase limits once you complete verification, allowing you to buy substantial amounts

    • Good selection of popular cryptocurrencies, including Bitcoin, Ethereum, and other major coins

    • Strong security measures, including two-factor authentication (2FA) and secure storage practices

    • Clear fee structure so you know upfront what you're paying for purchases

    Cons

    • Higher fees than many other platforms, especially for credit card transactions

    • Limited to buying only; you can't sell crypto back through the platform

    • Verification process can take time and requires multiple documents

    • Not available in all US states due to regulatory requirements

    • No advanced features like limit orders or portfolio tracking tools

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 29
    Support languages
    • English
    Symlix
    # 15

    Symlix

     
    Symlix

    Symlix emerged as a non-custodial cryptocurrency exchange focused on providing anonymous crypto swaps without requiring user registration or Know Your Customer (KYC) verification. The platform positions itself as a privacy-centered solution in the crypto exchange market, allowing you to exchange various cryptocurrencies directly from your wallet to another without creating accounts or storing personal information.

    Symlix operates by connecting users with liquidity providers to facilitate instant swaps at current market rates. The exchange has built its reputation around speed and discretion, appealing to users who prioritize privacy and want to avoid the lengthy verification processes that traditional exchanges require. Its streamlined approach makes it particularly attractive for quick cryptocurrency conversions.

    Pros

    • No registration or KYC requirements, so you can start swapping immediately without providing personal details

    • Anonymous transactions that don't track or store your trading history or personal information

    • Fast processing times with most swaps completed within minutes of confirmation

    • Wide range of supported cryptocurrencies covering popular coins and various altcoins

    • Transparent pricing with exchange rates and fees displayed before you confirm transactions

    • Simple interface that makes crypto swapping straightforward for users at any experience level

    Cons

    • Limited customer support compared to traditional exchanges with account-based systems

    • Higher transaction fees than some competitors due to the privacy and convenience premium

    • No advanced trading features like limit orders or technical analysis tools

    • Potential for rate fluctuations between quote and execution during volatile periods

    • Lack of educational resources for users who are new to crypto

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 8
    Support languages
    • Welsh
    Emirex
    # 16

    Emirex

     
    Emirex

    Emirex launched as a crypto exchange based in the UAE, aiming to serve the Middle Eastern market with a focus on regulatory compliance and institutional-grade trading infrastructure. The platform was designed to bridge traditional finance with crypto trading, offering both retail and institutional services in a region where crypto adoption has been growing steadily.

    Emirex positioned itself as a regulated exchange that follows strict compliance standards, which was important for gaining trust in markets where regulatory clarity matters a lot. The exchange offers spot trading, futures, and various other services while emphasizing security and transparency. It's built its reputation around serving both individual traders and larger institutional clients who need reliable execution and proper regulatory oversight.

    Pros

    • Regulatory compliance in multiple jurisdictions provides extra security and legitimacy for your trades

    • Institutional-grade infrastructure designed to handle large trading volumes and professional requirements

    • Multiple trading options, including spot, futures, and margin trading, for different strategies

    • Strong security protocols with cold storage and multi-signature wallet protection

    • Professional trading interface with advanced charting tools and order types

    • Dedicated support for institutional clients with personalized service options

    Cons

    • Limited geographic availability compared to global crypto exchange platforms

    • Higher minimum deposit requirements that might not suit smaller traders

    • Verification process can be lengthy due to strict compliance requirements

    • Fewer altcoin options compared to larger international exchanges

    • Trading fees may be higher than some competitors, especially for smaller volume traders

    Cryptocurrencies
    • Ripple
    • Stellar
    • USD Coin 12
    Support languages
    • English
    • Russian
    Binance.US
    # 17

    Binance.US

     
    Binance.US
    Cryptocurrencies
    • Tether
    • Ethereum
    • Bitcoin 96
    Paymium
    # 18

    Paymium

     
    Paymium

    Paymium started back in 2011 as one of Europe's earliest Bitcoin exchanges, originally operating under the name Bitcoin-Central before rebranding. It has built its reputation around regulatory compliance, being registered with the French Financial Markets Authority (AMF). The French-based platform holds the distinction of being the first Bitcoin exchange to obtain proper banking licenses in Europe.

    Paymium has always focused on the European market, particularly France, and built its reputation around regulatory compliance and traditional banking integration. The exchange primarily deals with Bitcoin trading against the Euro, keeping things simple rather than trying to support hundreds of different cryptocurrencies.

    Over the years, it's maintained its position as a reliable, regulation-focused cryptocurrency exchange that appeals to users who want a straightforward Bitcoin trading experience with proper legal backing.

    Pros

    • Regulated and licensed exchange with proper European banking credentials for added security

    • Strong focus on Euro trading pairs, making it convenient for European Bitcoin buyers

    • Long operational history since 2011 demonstrates stability and reliability in the market

    • Bank-level security standards with segregated customer funds and insurance coverage

    • Simple, clean interface that's easy to navigate without overwhelming features

    • Direct SEPA bank transfers for convenient Euro deposits and withdrawals

    Cons

    • Limited to primarily Bitcoin trading with very few other cryptocurrency options

    • Higher fees compared to some modern exchanges due to the traditional banking approach

    • Lower trading volumes than major international platforms, which can affect liquidity

    • Geographic focus mainly on Europe limits accessibility for users in other regions

    • Fewer advanced trading features compared to more modern exchange platforms

    Cryptocurrencies
    • Bitcoin
    • Bitcoin Cash
    • Ethereum 4
    Support languages
    • English
    • French
    Cryptonex
    # 19

    Cryptonex

     
    Cryptonex

    Cryptonex launched back in 2017 as a blockchain-based cryptocurrency exchange that aimed to bridge traditional banking with crypto trading. The platform built its own blockchain and native CNX token while offering exchange services for various cryptocurrencies.

    What makes Cryptonex different is its focus on creating a full ecosystem that includes mining, mobile apps, and payment cards, trying to make crypto more accessible for everyday use. The exchange has positioned itself as a solution for both regular trading and broader crypto adoption, though it's faced some regulatory challenges in certain regions over the years.

    You'll find it offers a mix of spot trading and additional services that go beyond just basic crypto swapping.

    Pros

    • Native CNX token provides trading fee discounts and staking rewards for holders

    • Mobile app available for both iOS and Android with full trading functionality

    • Multiple deposit methods, including bank transfers and credit card purchases

    • Built-in mining features allow you to earn cryptocurrencies directly through the platform

    • Referral program offers commission sharing for bringing in new users

    • Payment card integration allows you to spend crypto in real-world transactions

    Cons

    • Limited availability in some countries due to regulatory restrictions

    • Lower trading volumes compared to major crypto exchange platforms

    • Support team may struggle to keep up during busy trading times

    • Fewer trading pairs are available than in larger competitors

    • CNX token value fluctuations can affect the benefits of holding it

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 12
    Support languages
    • English
    OKX
    # 20

    OKX

     
    OKX

    OKX, a leading name in cryptocurrency trading, was established in 2013. Known for its versatility, the platform offers access to over 350 cryptocurrencies and numerous trading features, although it is not available to US users.

    Users can trade spot, futures, and options with leverage or engage in staking and bot trading. Fiat deposits are supported in various currencies through several payment options. OKX’s tiered fee structure provides discounts to high-volume traders.

    Pros

    • Extensive product offering beyond spot trading (futures, options, DeFi)

    • Competitive fee structure (0.08% maker/0.1% taker for spot)

    • High liquidity for most trading pairs

    • Advanced trading features, including copy trading

    • Over 350 cryptocurrencies available

    • Strong mobile app functionality

    Cons

    • Not available to US customers

    • Complex interface that can intimidate newcomers

    • Mixed reputation for customer service

    • Regulatory concerns in some jurisdictions

    • Withdrawal limits without full verification

    Cryptocurrencies
    • Bitcoin
    • Ethereum
    • Tether 90
    Support languages
    • English

    How to Buy Crypto – Step by Step

    Where & How to Buy Crypto - step by step
    How to Buy Crypto – Step by Step

    Before we get into any details, we should point out that this guide is for investors who already know which cryptocurrency they want to buy. There are thousands of cryptos circulating in the market today, and if you still haven’t settled on any of them, we suggest you research them first.

    However, if you already decided which cryptocurrency to buy, let’s dive right in.

    Researching Crypto Exchanges

    The very first thing you need to do when you are getting started with investing in cryptocurrencies is to find the right crypto exchange on which you will be doing your trading. With around 600 of these exchanges in operation today, it can be quite overwhelming to take your pick. Lucky for you, we did all the hard work.

    We dedicated a section of this article to where to buy cryptocurrencies and provided you with our list of our top recommendations for crypto exchanges in 2026. Just look at the list and choose the exchange that best suits your preferences and personal needs.

    Some exchanges are more user-friendly and specialize in crypto investing for beginners, while others are more suited for experienced investors and provide advanced trading tools. Moreover, some exchanges offer a wide range of cryptocurrencies and features, while others focus on a select few and provide lower fees.

    It is up to you to sort out your priorities and investment goals and buy the cryptocurrency from the exchange that best aligns with your personal criteria.

    Creating an Account

    Once you find the right crypto exchange to buy the cryptocurrency you want, you must sign up and create an account with it. The account creation process can vary depending on the chosen crypto exchange, though generally, it involves filling out a form with basic information like:

    • Your name
    • Your email address
    • Your date of birth
    • Your address
    • Other relevant information

    Additionally, on most exchanges, you will be required to confirm Your email address to activate your account using an email confirmation link.

    After activating your account, you will be able to log in and explore the exchange’s platform, but you might not yet be able to buy cryptocurrency or even make a deposit before your identity is confirmed within the exchange’s system.

    Verifying Your Identity

    KYC verification and confirming your identity is a mandatory requirement with most crypto exchanges and an inevitable part of the crypto buying process.

    Because of the stringent regulatory and compliance requirements, financial institutions, including platforms that deal with crypto transactions, are legally obligated to verify the identities of their users to prevent fraud, money laundering, and other illegal activities.

    To complete the KYC verification process, you will need to upload pictures of government-issued identification documents, such as a passport or a driver’s license, to the exchange you want to buy cryptocurrency. Additionally, you may also be required to upload a picture of your face to match the provided ID and ensure the authenticity of the documents.

    After the exchange’s system confirms your identity, you will be granted full access to the platform and be allowed to deposit funds and start trading cryptocurrencies.

    Depositing Funds

    Although it is possible to make a direct payment at the time of the purchase, we believe that depositing the exact amount of money you want to buy cryptocurrency for beforehand is a safer and more efficient approach.

    Preloading your account with a specific amount of funds will help you:

    • Manage and control your spending on cryptocurrencies, ensuring you stay within your budget
    • Execute transactions instantly without waiting for payment processing times
    • Take advantage of favorable prices immediately without risking price changes during payment processing
    • Minimize the risk of errors during the purchase process, such as entering incorrect payment details

    To do this, simply navigate to the funding or deposit section of the exchange, and choose the appropriate option, typically labeled as “Deposit Funds” or “Add Money.” Then, choose your preferred payment method, enter the required information and the amount you want to deposit, and confirm the transaction.

    It is important to always check the transaction details for unexpected deposit fees or additional costs you might have overlooked when planning your budget.

    Buying the Cryptocurrency

    After creating and activating your account, confirming your identity, and preloading your account with the necessary funds, you are finally ready to buy cryptocurrency from a crypto exchange.

    First, you will need to navigate to the trading section of the platform, typically labeled as “Markets” or “Trade,” depending on which crypto exchange you are using. Then you will find the cryptocurrency you want to buy and select it to pull up the trading interface.

    From there, choose “Buy” or “Place Order” to initiate the trading process and follow the on-screen instructions to complete the transaction.

    For a straightforward purchase of cryptocurrency, just choose to place a buy order and insert the amount of the cryptocurrency you wish to buy. Choose the preloaded funds as a payment method to pay with the money you deposited into your account, and confirm to finalize the process.

    Once again, be sure to double-check the transaction details and look out for any unwanted fees, charges, or additional costs. If you are happy with the final amount, you can confirm your payment and complete the transaction.

    Securing Your Cryptocurrency

    Once the transaction is complete, the cryptocurrency you just bought will be credited to your crypto exchange account’s balance. This means the cryptocurrency is now yours, and you are its rightful owner. However, because it is still stored in the crypto exchange’s wallet, it is still technically under its custody.

    To get full access and control over your newly purchased cryptocurrency, we suggest you move it to your own crypto wallet as soon as you purchase it. This will not only let you have complete control over your assets, but it will also secure them from cyber attacks and potential losses in case the exchange goes insolvent.

    Supposing you already have a crypto wallet, to transfer the cryptocurrency, simply navigate to the “Withdraw” or “Send” section on the crypto exchange’s platform and choose “Withdraw Funds” or “Transfer,” depending on the terminology used by the exchange.

    Then, select the cryptocurrency you want to transfer and insert your wallet’s public key, specify the amount of the crypto you want to transfer, and complete the transaction.

    Why Trust Us?

    Webopedia is a trusted source of reliable and insightful knowledge in the constantly evolving cryptocurrency space. Our team is composed of seasoned experts with extensive experience in the cryptocurrency field, dedicated to providing content that is both objective and free from personal bias.

    Our unwavering commitment to quality is reflected in our meticulous research process, which involves an in-depth analysis of all available information. That said, we don’t just rely on theory but go a step further and conduct firsthand testing of everything.

    This rigorous approach ensures that the information we present is not only comprehensive but also demonstrably accurate. By prioritizing clear and factual explanations, Webopedia empowers you to navigate the dynamic crypto market with confidence.

    Our goal is to help you make informed decisions based on a robust understanding of how to invest in crypto, equipping you with the knowledge needed to thrive in this complex and ever-changing market.

    Alternative Methods to Buy Crypto in 2026

    So far, we have explained how to start investing in crypto using a centralized crypto exchange. However, if you have problems accessing these exchanges or simply prefer not to use them, there are many other crypto marketplaces from which you can purchase cryptocurrencies.

    Some of the most popular choices used by crypto investors worldwide include:

    • Decentralized Exchanges: Completely autonomous platforms that facilitate crypto trading by leveraging smart contracts directly on the blockchain without the need for oversight from a central authority.
    • Peer-to-Peer Platforms: Decentralized crypto marketplaces that facilitate direct connection between buyers and sellers and allow them to trade cryptocurrencies without an intermediary.
    • Brokerage Services: Online trading platforms, popular with investors who deal with more traditional investment classes. In recent times, many online brokerages have added crypto trading to their offerings.
    • Payment Service Platforms: Widely used for making online payments and purchases, many e-wallets nowadays come with crypto trading features that allow users to buy cryptocurrency from within their interface.
    • Crypto ATMs: Physical machines, similar to traditional cash dispensers, that facilitate on-the-spot crypto transactions. Users can buy and sell cryptocurrencies from these ATMs using cash and debit cards.
    • Crypto Wallets: Typically used for storing crypto assets, some wallets come with integrated purchase options that allow users to buy cryptocurrency directly from their user interface.

    Even though we believe that using a centralized crypto exchange is the best way to invest in cryptocurrency, we’ll still explore how to get cryptocurrency from each one of these platforms and provide insights into which option might be best for your needs and preferences.

    Decentralized Exchanges

    Decentralized exchanges, commonly known as DEXs, are trading platforms that operate without a central authority, giving them unique advantages.

    Unlike centralized exchanges, where every trade is facilitated and controlled by the platform, DEXs use smart contracts and allow users to trade directly with each other fairly and transparently without intermediation.

    This lack of central oversight makes DEXs appealing to users who value reduced costs, privacy, and asset control. They allow them to buy cryptocurrency from their wallets, potentially lowering costs associated with deposit and withdrawal fees.

    However, one major setback, particularly for beginners, is that DEXs generally do not support fiat currencies, so users need to already have cryptocurrency to start trading on them.

    Peer-to-Peer Platforms

    Similar to DEXs, P2P platforms are also decentralized crypto marketplaces. However, instead of relying on smart contracts, these platforms facilitate direct transactions between buyers and sellers through an escrow service.

    This means that users can use fiat money to buy cryptocurrency from a P2P platform, though the process may be slower and less automated compared to centralized exchanges. On these platforms, users browse through listings to find a suitable offer and then negotiate the terms directly with the seller, which can be both beneficial and risky.

    Users may be able to secure a better deal or use a payment method typically not supported by centralized exchanges. At the same time, they also risk encountering scams or fraudulent sellers, which is why we only recommend buying cryptocurrency from a P2P platform to experienced investors who understand the risks and know how to verify sellers.

    Brokerage Services

    Unlike the other crypto marketplaces we discussed, online brokerages are trading platforms that facilitate investing in multiple asset classes, including traditional financial instruments such as stocks, ETFs, etc.

    While not all of them do, many popular online brokers now offer crypto trading and investing in cryptocurrencies, making them a viable choice for investors who want to have a diversified portfolio and manage all their investments in one place.

    However, for beginners who are just looking for a simple and easy way to buy cryptocurrency, they may not be ideal. They may be more convoluted and costlier and even offer a smaller selection of cryptocurrencies available for purchase than crypto exchanges.

    Additionally, some brokerages don’t allow transferring cryptocurrencies to external wallets, which is another significant drawback to think about.

    Payment Service Platforms

    Payment service platforms are commonly used for everyday purchases and digital transactions, and on some of them, you can even trade crypto. Some popular e-wallets, including PayPal, Venmo, and Cash App, have built-in cryptocurrency exchange features and allow users to buy cryptocurrencies without ever leaving the platform.

    This method is a very convenient method of purchasing cryptocurrencies, especially for users who have used these services before and are familiar with their interface. They are secure, easy to use, and don’t require users to register with any exchanges to buy crypto.

    On the other hand, buying crypto on payment service platforms is also very limiting as these platforms only sell a handful of select cryptocurrencies. You can use them to buy Bitcoin, Ethereum, and a couple of other major cryptos, but no niche cryptocurrencies.

    Additionally, the transaction fees associated with buying cryptocurrency through a payment service platform are usually considerably higher than buying it on a crypto exchange.

    Crypto ATMs

    Similar to traditional cash ATMs, crypto ATMs allow users to buy cryptocurrency through an in-person transaction using debit cards and cash. They are the best option for users who have restricted access to online crypto exchanges or banking services and must use cash to invest in crypto.

    While these unique advantages make them a last-resort option for a specific group of crypto investors, there aren’t too many reasons why you should buy cryptocurrencies from a crypto ATM rather than a crypto exchange. There are, however, a few reasons to avoid them.

    First of all, crypto ATMs only support the trading of select cryptocurrencies, and some of them are even limited to Bitcoin. Second, you have to be physically present to use them, which may not be ideal if you don’t have one near you.

    Third, the transaction fees associated with trading on crypto ATMs are almost always higher than trading on crypto exchanges. Overall, if you have the option to choose, it is always better to buy cryptocurrency from a crypto exchange.

    Crypto Wallets

    In addition to their primary purpose of granting you enhanced control of your crypto assets and keeping them safe, some crypto wallets also allow you to buy cryptocurrency through their integrated crypto exchanges.

    This is another convenient method of purchasing cryptocurrencies as it streamlines the whole process and doesn’t require you to transfer the crypto after you purchase it on an exchange. That said, it is somewhat limiting as it forces you to use a specific brand of crypto wallet, one that supports this feature.

    Moreover, these built-in exchanges are typically less liquid than centralized crypto exchanges, and because of this, they suffer from delays and long processing times, which can make your crypto trading experience less efficient and frustrating.

    What Can You Do With Crypto?

    How to transfer crypto coins to your wallet
    How to transfer crypto coins to your wallet

    Now that you know how to buy crypto and what are the best crypto marketplaces on which you can purchase it, it is time to turn our attention to what to do with your crypto once you buy it. Nowadays, cryptocurrencies have reached a mainstream level of acceptance and can be used as a multi-purpose asset in all kinds of scenarios, including:

    1. Trading and investing
    2. Making payments online
    3. Sending remittances
    4. Earning interest
    5. Tipping and donations
    6. Join decentralized finance

    Let’s go over each one of these use cases and explain how you can leverage cryptocurrency in your favor and maximize its potential.

    Trading and Investing

    While not everyone accepts it as such, cryptocurrency is an investment asset class, and it definitely has the potential for profit. Whether you decide to hold it long-term and in hopes of benefiting from its price appreciation, or you buy it and sell it for short-term profit on price fluctuations, cryptocurrency grants plenty of investment opportunities.

    Making Payments Online

    Things have changed from a decade ago, and there is a huge and continuously increasing list of vendors and merchants who accept cryptocurrency as a method of payment in 2026. With minimal transaction fees, short processing times, and robust security, cryptocurrency is a great alternative to traditional digital payment methods for online purchases.

    Sending Remittances

    Not only for transactions for payment purchases, but you can also use cryptocurrency to send money overseas. Given its ability to facilitate quick and secure transfers, more and more people realize crypto’s potential, and rather than using banks, they send money using a stablecoin to pay lower transaction and currency exchange fees when remitting.

    Microtransactions

    Almost every game nowadays relies on a micropayment business model, and if you are one of the gamers who has fallen victim to them, cryptocurrencies might help you save at least a bit. One of the worst parts of making a microtransaction is paying a fixed transaction fee, no matter how small your purchase is. With crypto, this fee is almost non-existent.

    Tipping and Donations

    Just like in-game microtransactions, donations or tips for streamers or other types of content creators are plagued by fixed transaction fees charged by traditional digital payment methods. With crypto, you can support your favorite content creator efficiently without paying ridiculously large fixed transaction fees.

    Join Decentralized Finance

    Finally, you can use your cryptocurrency to join the dynamic and promising world of decentralized finance. DeFi is a rapidly growing ecosystem of financial applications built on blockchain technology that operates without intermediaries.

    On it, you can use your crypto in various ways, including supporting DeFi projects, lending it to other crypto users for interest, staking it to earn crypto rewards, and many other activities with potential for profit.

    Conclusion: Final Tips

    As a final thought, we would like to remind you that the crypto market and the entire crypto industry are very dynamic and constantly evolving. Our article may have shown you how to get started in crypto and how to buy your first cryptocurrency, but to become a successful crypto trader, you need to keep up with market trends.

    Staying informed and adapting to changes is a must in any investment strategy, and crypto is no exception. Only by continuously learning and keeping up-to-date can you grow as a trader and maximize your potential for success in the cryptocurrency market.

    FAQs on Where & How to Buy Crypto

    What personal information is required to buy cryptocurrency?

    Due to the KYC verification regulations, centralized crypto trading platforms must confirm the identity of their users before they allow them to buy cryptocurrency. To verify their identity, users must upload copies of government-issued ID documents like passports, or driver’s licenses, as well as photographs of themselves to the platform. In some cases, proof of address may also be required.

    Can I buy cryptocurrency with my credit card?

    While not all of them, many crypto trading platforms do accept credit cards as payment methods, so you can use them to buy cryptocurrency with a credit card. However, please note that buying cryptocurrency with a credit card may subject you to higher fees, and potentially expose you to high interest charges, as credit card providers often treat these purchases as cash advances.

    Are there any fees associated with buying cryptocurrency?

    No matter what type of crypto trading you will be using, you will incur additional fees when buying cryptocurrency. While the fee structure may vary among different platforms, essentially all crypto exchanges charge transaction fees, market spreads, currency conversion fees, and potentially other charges.

    How long does it take to complete a crypto purchase?

    The time it takes to complete a purchase of cryptocurrency may vary significantly based on multiple factors, such as the liquidity of the platform you are using, the network congestion, the transaction volumes, the speed with which your payment is processed, etc. Normally, a crypto purchase should not take more than several minutes, though in rare cases, it may take several hours, or even days.

    Are there any legal considerations when buying cryptocurrency?

    In the US, cryptocurrencies are considered securities, which means investing in them is subject to SEC regulations. Crypto investors must report their crypto transactions to the IRS and pay taxes on their gains and losses. Additionally, some states also impose state-specific regulations for investing in crypto, so you should familiarize yourself with them before you buy.

    Can I store my purchased cryptocurrency on an exchange?

    If you are buying cryptocurrency from a centralized exchange, the coin will automatically be stored on the exchange, even though it belongs to you and appears on your balance. If you want, you can move it to your crypto wallet by performing a withdrawal, but if you do nothing, it will remain stored on the exchange.

    Where & How to Buy Crypto
    Where & How to Buy Crypto right now

    Jay has honed his skills in the cryptocurrency industry over roughly seven years as a freelance writer, working with leading information hubs and innovative new projects.

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    He has been an active investor and trader even longer than a writer, giving him unique insight into the cryptocurrency market from an enthusiast's perspective.Read less