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What is a cryptocurrency exchange?

A cryptocurrency exchange is a trading platform that allows anyone to buy, sell or trade digital assets. Most crypto exchanges support Bitcoin and Ethereum, the leading digital currency assets by market capitalization. The rest of the digital assets are selectively available across the hundreds of trading platforms in the market.

How to buy and sell cryptocurrency?

Today, most buying and selling of cryptocurrency takes place through a cryptocurrency exchange, much like a stock exchange for securities. An exchange is an intermediary between a buyer and a seller of Bitcoin, the most well-known cryptocurrency, or any other type of cryptocurrency.

Is it safe to buy bitcoin?

There's a lot of risk involved in buying Bitcoin or any other digital currency. That's why it's a good idea to protect yourself and look for an exchange with insurance, cold storage, and bug bounty programs. If you do, you can be pretty confident you're doing everything to keep your assets safe.

Can I buy Bitcoin (BTC) using US dollars?

If you're planning to buy Bitcoin (BTC) using U.S. Dollars and you live in any U.S. state except for Hawaii, you can do so in a couple of ways through Coinbase. There are many great cryptocurrency apps and exchanges on the market right now, but there's no one-size-fits-all solution -- different people simply want different things.