One of the most common questions when you're starting with cryptocurrency is how to buy it. As of 2022 (this article), there is over 685,324 different tokens on the ethereum blockchain alone. 2,848,815 different tokens on the BNB chain, 388,027 different tokens on Polygon network, therefore, there are millions of different options available. Furthermore, there are thousands of independent (public) blockchains. Most of these blockchains lack adoption and therefore make them irrelevant. However, if you still wish to interact with these blockchains, it can be extremely simple once your funds have entered the crypto domain. The seamlessness of moving, exchanging and spending cryptocurrency is much simpler and safer than what traditional banking offers. The two main topics this article covers; how to buy crypto, and how to get started with cryptocurrency.

How to buy crypto

We can summarize buying crypto in 3 simple steps. Primarily, you must create an account at a reputable centralized exchange (CEX). Seen as regulations are different around the world, certain exchanges are unable to comply with local law. As such, the exchanges available around the world may vary. For this reason we have made a summary of best exchanges available to you locally. Since the term best is relative to you, we simply present a comparison of the larger exchanges available. If your country is not mentioned or you would like to give some suggestions feel free to reach out.

The second step to buying crypto is, **deposit fiat **(traditional) money into the centralized exchange via a bank transfer (or other payment options available). This will increase your virtual balance on their platform which you can then use to trade your preferred cryptocurrency.

The third and final step (which is just as important as the first two in our opinion), is to withdraw your cryptocurrency to your personal wallet. That's because of the famous saying 'not your keys, not your coins'. That way, if the exchange you used were to close one day, your cryptocurrency would still be safe in your wallet.