Introduction
If you've decided to invest in cryptocurrency, you might wonder how to start and how complex the process is. The good news is that crypto exchanges have made it incredibly easy to buy cryptocurrency in the United States.
This step-by-step guide will walk you through how to buy cryptocurrency in the USA in just five simple steps.
Step 1: Compare the Best Crypto Exchanges in the USA
The first step is researching reputable exchanges that suit your needs. Our top recommendation is eToro, the #1 regulated crypto exchange in the U.S., supporting 110+ coins via PayPal, debit card, or bank transfer.
👉 Compare top U.S. crypto exchanges
Step 2: Create an Exchange Account
- Click Sign Up on your chosen platform (e.g., eToro).
- Register using Google/Facebook or email.
- Verify your account by completing your profile and phone number.
Step 3: Deposit Funds
After verification:
- Click Deposit Funds.
- Enter the amount and payment method (bank transfer, card, etc.).
- Confirm the transaction.
Step 4: Choose Your Cryptocurrency
- Navigate to Discover > Crypto.
- Browse or search for coins (e.g., Bitcoin).
- Click Buy under your selected asset.
Step 5: Execute Your Purchase
- Enter the investment amount.
- Click Execute Order.
- View your holdings under Portfolio.
FAQ
Where is my crypto stored after purchase?
Your exchange provides a secure wallet address. For added safety, transfer to an external wallet.
Is crypto legal in the USA?
Yes, buying/selling crypto is legal.
Is it safe to buy crypto in the USA?
Yes, if using a regulated exchange like eToro. Always assess risks—crypto is volatile.
Can I buy all cryptocurrencies this way?
This method works for any crypto listed on your chosen exchange (e.g., 110+ coins on eToro).
Investing involves risk. Cryptocurrency is not FDIC or SIPC insured.