Buying and Selling Cryptocurrencies: Where and How to Buy Best

Have you decided that you want to invest in cryptocurrencies but don’t know where or how to start? Navigating how and where to buy or sell cryptocurrencies can be quite a challenge. If you’re already asking yourself questions like where to buy crypto safely or what to watch out for, this article is just for you.

If we had to highlight the most talked-about, most controversial, and fastest-growing sector of the financial market in recent years, cryptocurrencies would undoubtedly take the top spot.

More and more people are showing interest in buying cryptocurrencies. Why? There are several reasons. They see crypto purchases as a form of investment, perhaps as protection against inflation, or they simply want to be part of the digital asset revolution.

You might also be wondering where and how to buy crypto, what are the best platforms, and what to watch out for when buying and selling. In this article, we’ll explain in detail how buying crypto works, what options are available on the market, and how to purchase crypto safely and easily.

What will you learn in this article about buying cryptocurrencies?

• Why buy cryptocurrencies
• Which cryptocurrencies to buy
• Buying cryptocurrencies via investment platforms
• Buying cryptocurrencies through online brokers
• Buying cryptocurrencies via crypto exchanges
• Buying cryptocurrencies via crypto ATMs
• Buying cryptocurrencies via an exchange office
• Selling cryptocurrencies
• Buying and selling crypto: Summary

Why buy cryptocurrencies

Cryptocurrencies have gained huge popularity in recent years. More and more people are considering buying them. They’re not just a regular investment – they offer benefits that traditional financial systems lack. Want to know what those are and why you should consider buying crypto too?

One of the main reasons is the potential for high returns. For example, Bitcoin (BTC) started in October 2009 at a value of approximately $0.000763, and today Bitcoin has surpassed the magical $100,000 mark. If you’re tempted to buy this cryptocurrency and want to learn more, read our article How to Buy Bitcoin.

Similarly, Ethereum (ETH), which enabled the development of decentralized applications, has seen significant growth. Although the market is volatile, long-term investors who held cryptocurrencies for years have seen substantial returns.

TAKE ADVANTAGE OF CRYPTO’S POTENTIAL

Another important reason to buy crypto is protection against inflation. Fiat currencies like the euro or dollar are subject to inflation, which in practice means that their purchasing power gradually decreases. Central banks continuously print new money, reducing its value. Cryptocurrencies like Bitcoin, however, are designed to be limited – in the case of Bitcoin, the maximum number of coins is capped at 21 million, so its value cannot be artificially reduced by additional issuance. That’s why many investors consider Bitcoin to be “digital gold” and use it as a way to protect their savings.

Decentralization and financial freedom are other reasons why people choose to buy cryptocurrencies. Let’s compare it to traditional banks. These have full control over finances – they can block transactions, freeze accounts, and charge high fees. Buying cryptocurrencies, however, allows for financial freedom, as they operate on the blockchain principle, meaning that transactions are transparent, secure, and don’t require intermediaries. This simply means that if you decide to buy crypto and store it in a crypto wallet, you are the only person with full control over it – and no one can take it from you or block it.

There’s also increasing talk about the use of cryptocurrencies in emerging technologies such as decentralized finance (DeFi), NFTs (non-fungible tokens), and the metaverse. Cryptocurrencies are no longer just about payments or investing – they’re creating an entirely new ecosystem where you can earn through staking, lend digital assets, or trade virtual items. These innovations are still in early stages but already offer massive potential.

Interested in the idea of buying crypto? After reading this part, you might be wondering – which cryptocurrencies are worth buying? You’ll find the answer in the next section.

TAKE ADVANTAGE OF CRYPTO’S POTENTIAL

Which cryptocurrencies to buy

Before buying cryptocurrency, many people hesitate about what is actually worth buying today. If you’re thinking about making a purchase, we recommend reading our article – Which Cryptocurrencies to Buy and Invest In in 2025, where we cover this topic in detail.

Here, we’ll go over it more briefly. First, it’s important to mention that the market offers hundreds of cryptocurrencies to choose from, but not all have growth potential or long-term stability. When buying crypto, you should consider several factors to help you pick the right one.

Focus on factors that may indicate long-term potential:

• Trusted team – Check who is behind the project. Experienced developers and a transparent team increase credibility.
  
• Real-world use case – The cryptocurrency should solve a specific problem or offer an innovative solution (e.g., DeFi, smart contracts).
  
• Strong technology – A modern blockchain infrastructure, fast transaction speeds, and low fees are key to a project’s success.
  
• Adoption and partnerships – Cryptocurrencies backed by major companies or growing communities have greater long-term potential.
  

Be careful of crypto scams! If a coin promises guaranteed profits, has no known developers, or operates on a referral scheme, it’s most likely a scam.

Which cryptocurrencies should you buy this year?

• Bitcoin
• Ethereum
• Solana
• Cardano
• Polkadot
  

Ultimately, it’s up to each investor to consider their options and investment goals and decide which cryptocurrencies to invest in.

However, if you have no experience with the market and don’t know which cryptocurrencies to buy, Fumbi allows you to invest in crypto easily and securely. With us, you won’t have to stress over which crypto to choose.

Our Fumbi Index Portfolio uses an algorithm that allocates your investment into a dynamic portfolio of over 20 top verified cryptocurrencies. These are digital assets that reflect market trends and have growth potential.

Curious about your current options for buying crypto? Let’s take a closer look.

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Buying cryptocurrencies via investment platforms

What are investment platforms and why should you buy crypto through them? Investment platforms are digital services that allow you to purchase cryptocurrencies without the need for technical asset management. Unlike exchanges, where you have to manually buy crypto, manage your own crypto wallet, and monitor market movements, investment platforms typically offer automated investing – you simply deposit money and the platform handles the rest.

Sound familiar? Of course, because Fumbi is one such investment platform, which allows you to buy or sell cryptocurrencies from our offering.

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Advantages of buying cryptocurrencies via investment platforms

• Simplicity and convenience – No need to deal with exchanges, crypto wallets, or manual trading. Fumbi offers fast access to crypto purchases without the need to manage a crypto wallet.
  
• Security – Reputable platforms store cryptocurrencies in secure offline wallets to protect investments from hackers. At Fumbi, we also use the top-tier Fireblocks technology, which secures crypto assets worth billions globally. However, Fumbi only acts as an administrator, so all cryptocurrencies remain in your direct ownership.
  
• Automated portfolio – The investment is dynamically spread across multiple cryptocurrencies based on market performance. With Fumbi, you can use the Fumbi Index Portfolio. For more adventurous users seeking flexibility in crypto selection and management, we offer Advanced Portfolios.
  
• Beginner-friendly – Investing with Fumbi is as simple as online shopping. Just a few clicks and you can start investing even without prior experience. If you decide to invest with Fumbi, start with a free registration. You can invest from as little as €50.
  

Disadvantages of buying cryptocurrencies via investment platforms

• Limited trading options – Some platforms do not allow immediate sales or withdrawals of specific cryptocurrencies. At Fumbi, fast deposits are available and withdrawals can be made anytime.
• Investment management fees – Unlike exchanges, investment platforms may charge fees for portfolio management.
• Less control over cryptocurrencies – Users may not always be able to transfer purchased crypto to their own wallets.

TAKE ADVANTAGE OF CRYPTO’S POTENTIAL

Buying cryptocurrencies through online brokers

Buying cryptocurrencies can also be done in ways other than through an investment platform. Another option is online brokers, who offer easy access to purchasing crypto and function similarly to traditional investments in stocks or commodities.

Unlike crypto exchanges, where users must choose and manage their own digital assets, brokers offer a form of investing with leverage or other financial instruments.

Advantages of buying crypto through online brokers

• Easy crypto purchase – Brokers provide fast access to buying without the need to manage a crypto wallet.
  
• Convenient trading – Most brokers allow crypto trading alongside other assets like stocks, commodities, or ETFs. Read more about ETFs in our article – What Are ETF Funds.
  
• Quick entry and exit – Buying and selling crypto is usually simple and enables fast trading even for beginners.

Disadvantages of buying crypto through online brokers

• No actual ownership of cryptocurrencies – When buying through brokers, you typically don’t own the actual crypto, just a financial instrument tracking its price.
  
• Fees and hidden costs – Brokers may charge various fees, such as for trading, account maintenance, or withdrawals.
  
• Limited options for long-term investing – If you want to truly own and hold crypto long term, brokers are not the ideal option.

Buying cryptocurrencies via crypto exchanges

You can also buy crypto through exchanges. These platforms work like “online marketplaces” where you can buy, sell, or trade cryptocurrencies directly with other traders.

There are two main types of exchanges:

Centralized Exchanges (CEX) – These are managed by companies that provide liquidity, operation, and trading security. Users typically must undergo identity verification (KYC).

Decentralized Exchanges (DEX) – Operate without intermediaries, allowing users to trade crypto directly with one another using smart contracts.

Advantages of buying crypto via exchanges

• Wide range of cryptocurrencies – Exchanges offer trading across many currency pairs.
  
• Transparent pricing and liquidity – Prices reflect current market supply and demand.
  
• Advanced trading options – Some exchanges offer staking, derivatives trading, or leverage trading.
  
• Direct ownership of assets – Unlike brokers, exchanges allow you to buy crypto and transfer it to your own wallet.

Disadvantages of buying crypto via exchanges

• Security risks – Exchanges are frequent targets for hackers, posing risks to stored funds.
  
• Not beginner-friendly – Trading requires understanding of order settings and fee structures.
  
• Need to manage your own wallet – It’s safer to transfer purchased crypto to an external wallet.
  
• Variable fees – Trading, deposit, and withdrawal fees may reduce your returns.

Buying cryptocurrencies via crypto ATMs

You’ve probably seen one of these at a shopping center or other public place – a crypto ATM. It looks much like a traditional ATM but is used for the instant purchase of cryptocurrencies.

In practice, it works like this: you insert cash or use a card, enter the amount, and the purchased crypto is then sent to your digital wallet. Note! To buy crypto via a crypto ATM, you must have your own wallet set up.

Some crypto ATMs also allow you to sell cryptocurrencies, meaning you can convert digital assets back into fiat currency. Most crypto ATMs support popular cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH), and the entire transaction typically takes just a few minutes.

Advantages of buying crypto via ATMs

• Fast and easy crypto purchase – The cryptocurrency is sent to your wallet immediately after purchase.
  
• No need to register on an exchange – Unlike online exchanges, there’s no need to create an account or verify identity for smaller amounts.
  
• Accessible for everyone – Located in public places and easy to use even for beginners.
  
• Option to pay in cash – Enables more anonymous purchases without needing a bank transfer.

Disadvantages of buying crypto via ATMs

• High fees – Crypto ATMs charge much higher fees than investment platforms or exchanges, often hidden in the spread.
  
• Limited cryptocurrency selection – Most ATMs only support major cryptocurrencies like Bitcoin and Ethereum.
  
• You must have your own wallet – To buy crypto via ATM, you need a digital wallet to receive it.

Buying cryptocurrencies via an exchange office

A crypto exchange office is a service that allows for the quick purchase of cryptocurrencies using fiat currency. As a user, you select how much you want to buy, and the exchange will send the crypto to your digital wallet or keep it on your account. Some exchanges also offer crypto selling, meaning the conversion of crypto back into fiat.

Is it worth buying crypto via exchange offices in Slovakia? Interest in crypto exchanges in Slovakia is gradually decreasing. The main reason is that Slovakia, as a member of the eurozone, allows for the direct purchase of crypto in euros via investment platforms and international exchanges. This helps Slovak investors avoid unnecessary currency conversion fees and issues with currency pairs.

Disadvantages of buying crypto via an exchange office

• Higher fees – They often charge higher spreads or fixed fees, increasing the overall cost of the purchase.
  
• Exchange rate differences – Crypto prices at exchange offices are often slightly higher than market rates, meaning you get less crypto for the same investment.
  
• Need for your own wallet – At some exchanges, you must have a digital wallet to complete the purchase.

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Selling cryptocurrencies

Just as many people are interested in how to buy cryptocurrencies, selling them is equally important. Fortunately, selling crypto today is just as simple and convenient as buying it.

Most often, cryptocurrencies are sold the same way you purchased them – whether through an investment platform, online broker, crypto exchange, ATM, or exchange office. When selling, you should also pay attention to market conditions, as prices fluctuate and good timing can greatly impact your profit.

Buying and selling crypto: Summary

In this article, we explored how to buy and sell cryptocurrencies, how to acquire them, and the factors you should consider when investing.

Even though we presented multiple ways to buy and sell crypto, each investor should choose the one that suits them best.

The market offers a variety of options – from investment platforms that make buying simple and automated, to crypto exchanges, online brokers, exchange offices, and crypto ATMs.

For those who want to buy crypto easily, securely, and without unnecessary stress, Fumbi is the ideal solution. With our platform, you don’t need to worry about selecting individual cryptocurrencies or securely storing them – everything is handled by our intelligent algorithm, Fumbi Index Portfolio, and professional investment management.

Crypto purchases are on the rise, and generally, choosing the right tool for buying and selling crypto can greatly influence your outcomes. To achieve the best results, invest wisely, safely, and with a thorough understanding of the market.

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