3. Choose An Exchange
Buying cryptocurrency isn’t as easy as going to a bank and exchanging dollars for Ethereum. Currently, you can only do it through cryptocurrency trading platforms. There are many exchanges available, but if you want to ensure the platform is trustworthy, Coinbase, Kucoin, Kraken, and Gemini are the most reliable mainstream choices.
4. Place An Order
After you have added money to your crypto account, you can easily trade your dollars for the desired cryptocurrency by entering the amount you want to exchange at the current rate (minus fees). If you are an active trader, using the Coinbase Pro platform allows you to buy at the market rate or set a specific price point when the price falls. It’s important to note that you don’t need to spend $36,000 to buy a whole Bitcoin. Instead, you can buy a fraction of a Bitcoin, such as investing $3,600 which would give you 0.10 of a Bitcoin.
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