I'm really interested in buying cryptocurrency in the United States, but I'm not sure where to start. Can you provide me with some guidance on how to do it safely and securely? I've heard about different exchanges and wallets, but I'm not sure which ones are trustworthy. Also, I'm concerned about taxes and regulations. How do I ensure that I'm complying with all the necessary laws and regulations when buying crypto in the US? Can you recommend any resources or tools that can help me make informed decisions about my investments? Thank you for your help!
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    mia_rose_painter
    Sun Mar 31 2024
   
  
    To purchase cryptocurrency through trading apps or online stockbrokers, users typically need to create an account and verify their identity. Once set up, they can navigate to the  Crypto  section and click  Buy  to initiate the transaction.
  
  
 
            
            
  
    
    lucas_jackson_pilot
    Sun Mar 31 2024
   
  
    To purchase and store cryptocurrency, beginners can utilize exchanges like Coinbase, Gemini, and Binance.US. These platforms offer user-friendly interfaces and straightforward processes for beginners to navigate.
  
  
 
            
            
  
    
    Elena
    Sun Mar 31 2024
   
  
    BTCC, a UK-based cryptocurrency exchange, is another option for crypto investors. BTCC offers a secure and reliable platform for trading various cryptocurrencies. It provides competitive fees and a user-friendly interface, making it accessible for beginners and experienced traders alike.
  
  
 
            
            
  
    
    CryptoAlly
    Sun Mar 31 2024
   
  
    The fees and payment options vary among these exchanges, providing flexibility for users to choose the most suitable option based on their needs and preferences. Some exchanges may charge higher fees for certain transactions, while others offer competitive rates.
  
  
 
            
            
  
    
    Valentino
    Sun Mar 31 2024
   
  
    Besides exchanges, trading apps and online stockbrokers also provide an alternative for crypto investors. These platforms allow users to buy, sell, and trade cryptocurrencies seamlessly, often with additional features like market analysis and portfolio tracking.