Bitcoin can’t be purchased through your bank or investing firm yet — though some organizations are working toward that possibility in the future
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Security
Cryptocurrency investments are not backed by a central institution like FDIC-insured bank accounts.
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Fee
Exchange fees can vary greatly, and may be applied as a flat fee upfront or as a percentage of your trades.
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Available coin
Not all exchanges offer every single cryptocurrency out there.
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Fund
Your Account
Depending on the exchange you choose, you may need to provide information like your Social Security number, ID, and your source of income when you create your account.
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Place an Order
Once you’ve connected a payment method, you’ll be able to actually place your order for Bitcoin
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Practice Safe Storage
Many exchanges allow you to leave your investment within your account, which is easiest for most beginner
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Alternative Ways To Buy Bitcoin
You can also now buy crypto through some digital payment platforms you may already have accounts with, like Venmo, PayPal, and Cash App