![]() Kraken has a pro version, which can be used for paying lesser fees and using advanced trading products. It supports seven options, which is a major advantage for investors. Kraken is also one of the only exchanges with a wide variety of Fiat currencies. It features three major stablecoins which include USDC, USDT and DAI. Kraken hosts over 120 cryptocurrencies and has constantly ensured to list top projects on its roster. It is headquartered in San Francisco and has backing from some of the biggest VC firms in the finance domain. The exchange caters to over 8 million users and institutions globally and has its offices set up in various parts of the world. At the time of writing, it is the third largest cryptocurrency exchange in terms of volume traded and is a reputed name in the industry. After its official launch in 2013, Kraken managed to quickly gain recognition, thanks to its high-quality product. It is one of the original cryptocurrency exchanges and was created way back in 2011. Kraken was founded by its current CEO Jesse Powell and is owned by Payward Inc. Kraken – Third Largest Cryptocurrency Exchange More experienced traders favor the Coinbase Pro platform, now known as ‘Advanced Trading’ as of 2023, which offers better fees and more trading tools.Ĭoinbase is one of the top five largest cryptocurrency exchanges and offers crypto-custodial services for institutions, and has its COIN stock listed on Nasdaq. It operates different platforms for specific users. The Coinbase platform is meant for new crypto traders. It is a publicly listed exchange and is quite popular with crypto investors due to its user-friendly trading platform.įounded in 2012, Coinbase offers exposure to popular cryptocurrencies, altcoins and staking. Coinbase – Largest Cryptocurrency Exchange in the U.SĬoinbase is a crypto-facing cryptocurrency exchange. You can also store your digital assets in their crypto wallets safely, and they also comply with standard anti-money laundering (AML) and know-your-customer (KYC) policies. The crypto platforms reviewed below are all security-conscious, meaning your details and funds are safe with them. We reviewed hundreds of platforms before arriving at the best places to buy cryptocurrency. To save you on the hassles and hours in research, we did the heavy lifting. Finding the best platform to buy cryptocurrency could be challenging, especially for first-time traders. However, this creates a problem for traders. Today, there are literally thousands of platforms where you can buy cryptocurrency. Best Places to Buy Cryptocurrency – Exchange ReviewsĪs cryptocurrency adoption grows, so does the number of platforms offering access to these assets. To complete the purchase process, click on the ‘Buy’ button. Say, for example, you want to buy Ripple or Bitcoin, type ‘XRP’ or ‘BTC’ into the search bar and click on the first result that pops up. Once you get to the asset page, you can click on the ‘Stats’ button to get the financial track record of the digital asset. To get started, head to the search bar and type in the cryptocurrency you want to purchase. You can buy Bitcoin, Ethereum, ADA, or even Dogecoin. Coinbase allows you to choose from over 200 cryptocurrencies. ![]() ![]() The final step is to buy the cryptocurrencies that you want. Debit/credit card (Visa, MasterCard, Maestro).In addition, Coinbase offers multiple payment methods to make this process easy for you. To begin trading, you will need to fund your Coinbase account. In most cases, Coinbase will authenticate your documents straight away and subsequently remove all account restrictions. Utility bill or bank account statement issued within the last 3 months.Passport, driver’s license, or national ID card.Every new user will need to complete the know-your-customer (KYC) process to have their accounts verified. ![]() The next step is to verify your identity. You will be redirected to a signup page where you will need to provide your name, email address and password. To get started, visit the official website of the Coinbase platform and create a free account. In this section, we will explore how you can buy cryptocurrencies in as little as five minutes: Step 1: Open a Brokerage Account at Coinbase For beginners, we recommend using the Coinbase platform to buy and sell cryptocurrencies. Gaining access to cryptocurrencies can be tedious if you are not using the right platform to do this. How to Buy Cryptocurrency – Coinbase Tutorial Don’t invest in crypto assets unless you’re prepared to lose all the money you invest.
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