How to buy cryptocurrency?

Exchanges and wallets

The easiest way to buy cryptocurrency is to use an exchange - a marketplace which connects buyers and sellers. When registering on a cryptocurrency exchange you create a wallet, which works like a bank account for regular currency. You can transfer money to your wallet via bank transfer, credit card or Paypal and use it to buy cryptocurrency. You can then trade different cryptocurrencies, exchange your funds into regular money and pay it out to your bank account. You can also use the same cryptocurrency wallet on different exchanges.