Here’s How To Buy Bitcoin (And Store It Safely)

Bitcoin is one of the best performing cryptocurrencies of the decade. Its rise in popularity makes it a top choice for investors. Here's how to buy bitcoin and store it safely.

1. How to Buy Cryptocurrency

Just like any other investment, you need to find an exchange. There are more than 100 crypto exchanges on the market, but you'll need to go with a reputable exchange like Binance, Coinbase, KuCoin, BlockFi, eToro, or

2. Research the exchange

The exchange is here to facilitate the transaction and sometimes provide advice. Do your homework. What are the service fees, what devices are supported, how secure is the site?

3. When you're ready to buy

You'll need to open an account and show proof of who you are. When you go to sell crypto investments, you'll have to pay taxes on capital gains.

4. There's more than Bitcoin

You don't have to invest in Bitcoin. You can explore other cryptos like Ethereum, Solana, Dogecoin, and many others. But do your homework. It's a high risk investment. 

5. Decide how to store your crypto?

Once you make the purchase, check the confirmation and set up a crypto wallet to safely store your investment. Hot wallets are susceptible to hacking and cold wallets are safest but they're not connected to the internet. 

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