Buy cryptocurrency guide 2022: How & where to buy cryptocurrencies?

John James
October 4, 2021
One of the most burning questions in the cryptocurrency industry is how to buy cryptocurrency.It seems as if more and more cryptocurrencies are pouring into the market, and as a simple Bitcoin trader, you are initially on your own in this context.
Buy cryptocurrency guide 2021 How & where to buy cryptocurrencies
How & where to buy cryptocurrencies?

One of the most burning questions in the cryptocurrency industry is how to buy cryptocurrency. It seems as if more and more cryptocurrencies are pouring into the market, and as a simple Bitcoin trader, you are initially on your own in this context.

Even experienced traders dealing with cryptocurrencies for the first time should not find it easy to find out how to get to the tokens.

Table of Contents

Buying cryptocurrencies: what should you watch out for?
  • Is it still worth buying cryptocurrencies today? If the prices rise, a purchase at the current point in time makes sense. However, there are, of course, risks that cannot be dismissed out of hand. Nevertheless, the crypto market has often been talked to death and was able to convince with new rallies in retrospect.
  • Where is the best place to buy cryptocurrencies? We have a clear test winner for trading with crypto currencies :Roinvesting not only has a free wallet, but alternatively also allows trades with CFD papers.
  • What is the best cryptocurrency? The market for cryptocurrencies is now immense. It is possible that in the future a coin will bring in the best returns, which is currently only in the design phase. So far, Bitcoin can be described as the most successful digital currency, as it has been able to attract new users over a long period of time.
  • Are there risks when buying cryptocurrencies, of course. In fact, you always have to plan for a possible total loss in the industry. So traders should never invest all of their capital in digital currencies.

Secured Brokers has dealt with the various crypto currencies and created instructions for buying the crypto currencies. With an uncomplicated step-by-step guide, even beginners shouldn’t find it difficult to get into the world of crypto trading.

Buy cryptocurrency guide

Where to buy cryptocurrencies seriously? Our cryptocurrency buy platform comparison:


Min. Deposit

Min. Spread



Positive Reviews

Negative Reviews


  • Commodities
  • Forex 40 +
  • Metals
  • Stocks
  • Indices
  • Cryptocurrencies
  • Metals
  • Forex
  • Indices
  • Cryptocurrencies
  • Commodities
  • Stocks


  • Forex 40+
  • Metals
  • Commodities
  • Stocks
  • Indices
  • Cryptocurrencies



How to buy cryptocurrencies Our guide in five steps:

The following step by step guide should help you to complete the steps to buy an online currency. We have also created a video in case you don’t want to read the article:

 Step 1: choose provider

First of all, you choose a suitable provider. This decision should be based on your own preferences and trading ideas. If you are not interested in setting up wallets and may not even intend to get any real benefit from the tokens, you can get everything you need via providers like Roinvesting .

But if you are an accomplished crypto investor who is only too happy to equip your portfolio with the coins, you will hardly be able to avoid a real crypto exchange .

Comparing the different providers can help you find the best deal. In fact, the choice of the right platform is very important, which should not be underestimated.

User friendliness and usability may therefore have a direct impact on personal trading results. So if you pay the necessary attention here, you will ultimately be able to capitalize on it. We recommend our test winner Roinvesting, as it has the best conditions.

Step 2: The first registration

The registration procedures on the crypto exchanges are similar in many ways. At first you will probably only have to enter basic information in a form on the start page. These usually include your first and last name, your email address and your date of birth.

In some cases you will already choose a user name and define a password. When assigning a password, it is important to ensure that you choose a secure character string . Some platforms won’t allow you to have weak passwords in the first place.

After this first registration, you will often have to look into your e-mail inbox again to confirm your registration.

Even if you do not have to provide all information immediately, you can be prepared for the fact that you will have to provide further information in order to fully use a platform . This includes, for example, the personal address but also information on the work situation and income.

Step 3: The verification of the data

Payouts will probably only be possible once the data has been confirmed in a verification process (for example with IDNow). For this you should find a possibility of uploading various documents in your own account.

To confirm your identity, you will have to make a copy of your ID card or passport and upload it.

Furthermore, due to European guidelines, confirmation of the address will also be required. The best way to verify this is to use a personal consumer invoice.

Electricity, water and gas bills are particularly suitable for this. You only have to make sure that you use a document with the current date on which the name can also be clearly seen.

It is difficult to generalize how long such a confirmation procedure takes in the end. Both the processes at a provider and the validity of the documents are important here.

Even if you can already make a deposit and complete your first trades, the payout will probably only actually be possible after the verification.

Step 4: the deposit

Depending on the platform, you will find different deposit options. With crypto brokers in particular , you should be able to use all kinds of methods that include credit cards and transfers as well as other service providers.

Buying cryptocurrencies with PayPal, Sofortüberweisung, UnionPay and other offers is possible.

However, pure crypto exchanges often only allow deposits via crypto currencies. Then you will have to use the address of the exchange for your deposit. As a rule, however, the respective provider should provide detailed information about the necessary steps. After all, this is also in the interests of the platform itself.

Here is an overview of all payment methods that are available at Roinvesting:

Payment optionpossible?
Buy cryptocurrencies with a credit card✔️
Buy cryptocurrencies with PayPal✔️
Buy cryptocurrencies with Rapid Transfer✔️
Buy cryptocurrencies with Skrill✔️
Buy cryptocurrencies with bank transfer✔️
Buy cryptocurrencies with Neteller✔️
Buy cryptocurrencies with UnionPay✔️

Step 5: Seriously buy cryptocurrencies online at Roinvesting

Crypto brokers and exchanges are likely to be similar in this step. You will be able to choose from a selection of currency pairs and then view charts and statistics on the selected value.

The exact trading functions depend on the provider used, but usually you will decide on a buy or sell order. Either you trade at the current market price or you give the platform the order to buy or sell at the desired price.

Platforms like Coinbase work a little differently. Namely, they allow the direct purchase of the crypto currency. So you just select the desired crypto currency and should then be able to see the current rate.

If you agree, then the cryptocurrency can be easily bought. A certain similarity to changing money cannot be denied. So you will have to do without great trading functions here. In some cases you will also be able to define a desired price here, which will only make the purchase when the price is reached.

We recommend buying crypto currencies from our test winner Roinvesting, as it is fully regulated and licensed in addition to the cheapest fees.

Cryptocurrency Buying Fees Comparison

Let’s take the following example to compare the fees when buying Bitcoin:

  • We buy Bitcoin for € 1,000
  • We keep our Bitcoin for 30 days and then sell it again
  • We assume that the course will not change in the 30 days.

The following fees are composed at Roinvesting , Coinbase , Libertex and Plus500 :

DepositFor Free3.99%for freefor free
Purchase feesFor Free1.49%3.08% *0.41%
Holding feesFor Freefor free0.05% *for free
Sales chargesSpreads1.49%3.08% *0.41%
Total feesReasonable€ 68.24€ 92.32€ 8.20

Buy cryptocurrencies in South africa

Buy cryptocurrency guide

Not much needs to be said about this, after all, the entire page is more or less about the topic of buying crypto currencies in South africa.

A South african citizen should value official regulation of the relevant platform.

Our test winner Roinvesting is based in Cyprus, for example, and is therefore controlled and regulated by the CySEC authority, whose protective shield extends as far as South africa . So here you can buy crypto currencies using euros and invest in a variety of ways.

How to buy cryptocurrency Investment methods

Within a very short time you should be able to get to exactly the information that is essential for getting started in trading. Sure, you can just open a Bitcoin account , but if you use the following instructions from Secured Brokers, then in many cases you should be able to get your first trade in just 10-15 minutes after reading it.

But let’s approach the topic step by step. After all, at the beginning there is a decision to be made. How exactly do you want to participate in crypto trading?

1. Trade cryptocurrencies with a crypto broker

Brokers are a particularly accessible form of investing in cryptocurrency . The advantages are easily listed on one hand:

There is no need to set up a wallet. A simple bank account is fully sufficient as a prerequisite for access. Levers maximize profit on low stakes. In addition, profits can be made in trading even if the price of an investment falls.

That has its price: Investors should be fully aware of the high risk of loss associated with CFD trading before deciding to trade this financial instrument. CFD trading is not suitable for every type of investor.

  • Crypto wallets are usually not required
  • Bank account only hard requirement to get started
  • Great profit potential with a manageable stake
  • Professional trading available to everyone thanks to the Internet
  • No actual possession of the chosen cryptocurrency
  • Partial trading is only possible via CFDs
  • High risk of loss

2. Buy cryptocurrencies from a crypto exchange

In order to be able to buy real cryptocurrencies, however, you need other providers. At Roinvesting, on the other hand, you can buy real cryptocurrencies in addition to CFD trading.

Here you venture onto a trading platform where you don’t get any access to the offer with real currencies. Payments are therefore very often only possible with crypto currencies ( with Roinvesting, however, all common payment methods work ). Without cryptocurrency, you will not be able to achieve much on many crypto exchanges.

The deposit is therefore possible via various online currencies. In fact, it is impressive how many cryptocurrencies are supported by crypto exchanges.

If you want to trade via the platform of the exchange , you cannot avoid setting up a corresponding wallet . After all, this is necessary in order to even be able to complete the first step of the deposit. You also have to trust the digital wallet for further crypto transactions and for paying out the coins.

But if the basic requirements are met, then you don’t have to do anything else than pay attention to the available currency pairs. Basically you will find many different crypto currencies, but they can only be combined with certain other currencies.

So if you are aiming for particularly exotic values, you would do well to deposit Bitcoin in particular for your regular trading.

  • Great availability of online currencies
  • In some cases currency pairs can also be traded with euros
  • Various trading functions can be used
  • Deposits often only with crypto currencies
  • Sometimes lengthy verifications
  • Crypto wallet required

3. Buy cryptocurrencies from alternative platforms

A welcome addition to the options presented are crypto platforms where you can buy the coins directly with a credit card . Other payment methods often include bank transfers. It is extremely important that you only make such purchases if you are convinced of the seriousness and reputation of the offer.

An example of such an alternative platform is Roinvesting. Roinvesting is one of the largest companies of its kind and has its own CYSEC approval. In this respect, from the perspective of the Secured Brokers editorial team, the platform is a good starting point for buying online currencies on a regular basis.

  • Online wallets are often included in the offer
  • Buy cryptocurrencies in south africa with credit cards or bank transfers
  • Dollars, Euros, Pounds and more FIAT currencies can be accepted
  • Partly high fees
  • Limited availability of currencies

Buy cryptocurrency guide

Buy cryptocurrencies in the app

It feels like new finance apps are popping up every day these days . Interestingly, more and more providers have digital currencies on their screens.

Secured Brokers made the comparison and selected a big test winner. The mobile application of Roinevesting has proven to be particularly versatile. On the one hand, it allows ordinary share trading and, on the other hand, speculation with the help of CFD papers.

The special thing is that you can also buy crypto currencies in the Roinvesting app . These are then transferred to the broker’s free wallet.

So it should have become clear that there are very different ways to buy or trade cryptocurrencies. When making a decision for or against a provider, it is of course also important to pay attention to the fees.

Buy cryptocurrencies with a wallet

Anyone who wants to add digital currencies to their portfolio depends on a so-called crypto wallet. This digital wallet is only not inevitably necessary if you switch to CFD positions and thus only speculate on price developments.

Normally, however, those interested should also aim for a wallet. In our large comparison of the offers, Roinvesting once again stands out because you can buy crypto currencies in the wallet yourself .

In addition, it can be set up completely free of charge after you have completed your registration with Roinvesting. Would you like a little more choice? Then please ask in our large comparison of the best crypto wallets .

Can you buy cryptocurrencies from the bank?

A few years ago you would be for the question “ Can you buy cryptocurrencies from the bank? “Just got ridiculed tiredly. Meanwhile, times have changed.

There are more and more offers that want to enable the purchase of crypto. Admittedly, the traditional banks are only slowly catching up with them. Little by little there are individual Bitcoin ETFs, but you will hardly be able to walk to the Stadtsparkasse to buy your cryptocurrencies from the bank.

Revolut or N26 , for example , which, as neo-banks, allow their customers to buy crypto currencies, go a special way in this regard .

Buy or trade cryptocurrencies?

1. Buy cryptocurrencies

The question of buying a cryptocurrency is in itself more specific than it might initially appear. Many use the word “buy” as a simple synonym for general trade. However, especially in the world of online currencies, you have to take a closer look and take into account the exact circumstances.

This is the only way to make a conscientious decision on an exchange or a broker. So if you actually intend to buy crypto currencies, you are trying to purchase the crypto currency directly and then keep it in an electronic wallet. So you become the owner of this token.

Daily trading: buy and sell cryptocurrencies

The purchase is therefore suitable for all those dealers for whom it is important to actually own the value. In such a case, of course, one hopes for value increases in the course, but the use of the respective coin should also be important.

After all, a currency can be used for very specific things. Then you will see a clear purpose in depositing the digital coins in your portfolio, especially in the future.

2. Trade cryptocurrencies

The real crypto purchase is opposed to  the pure trading of the crypto currencies . You no longer need a digital wallet for this and you will not have to bring any real currency units into your portfolio.

3. Speculate cryptocurrencies

Such trading works in many cases via so-called derivatives, i.e. CFDs or binary options . Such commodities only use the values ​​of the cryptocurrencies (or also of stocks , raw materials and real currencies ) as so-called base values. The underlying is of central importance for trading.

Finally, one concludes a buy or sell order and tries to make predictions about the future price development . Since you do not acquire the crypto currency yourself, but only an option, relatively high returns can be achieved with relatively low investments.

On the other hand, there is automatically an increased risk with higher earnings opportunities . This must also be taken into account in this context.

Crypto currencies are probably the latest asset types that can be used when trading options. If a trader mainly takes price developments into account and does not want to acquire the actual value, then registering with an options or CFD broker could be much faster and easier than with a pure crypto exchange.

By the way, it is not possible to buy cryptocurrencies without registering.

In addition, there are other payment methods and a crypto wallet is also not required . Thus, under certain circumstances, you will buy crypto currencies with PayPal , but also with credit card or other service providers in order to be able to start trading.

So the distinction between buying and trading currencies has to be made. Only then can you conscientiously choose a provider who is most likely to be considered for your own commercial intentions.

Perhaps one or the other trader will have read something about so-called crypto robots . Regardless of whether you examine a Bitcoin Trader account or dedicate yourself to Bitcoin Investor experiences , the whole thing should, if at all, only be perceived as an investment experiment.

After all, it’s not uncommon for providers like Bitcoin Loophole to be accused of fraud . Secured Brokers, therefore recommends investing in the regulated platforms presented here.

Which cryptocurrency to buy for 2021? Which cryptocurrency has the future?

The questions about the best type of trading and the best online exchange for crypto trading are difficult to answer. But once you have done this, you will have to make an even more difficult decision in the next step: Which cryptocurrency to buy ?

The available cryptocurrencies keep increasing. And the year 2019 in particular has shown that one is not always well advised to follow pure speculation and big headlines.

In this context, one would do well to examine the available cryptocurrencies more specifically . Now we are presenting the (in our opinion) best cryptocurrencies with a future, so that you know exactly which cryptocurrency to buy.

Which cryptocurrency to invest in?


Even if it is still very speculative, there are some clues that could lead to the promising crypto currencies . IOTA is one of these cryptocurrencies.

Current forecasts often contain positive assessments, as one expects a lot from the cooperation with the car company Volkswagen. The Iota technology should therefore become a mass product and prove its usefulness in vehicles.

If you actually manage to get one step closer to the intelligent car of the future, then this should certainly be beneficial for the value of the online currency.

2. Buy Stellar Lumens (XLM)

If you take cooperation with companies as a benchmark for more in-depth forecasts of an online currency, then you should also look at Stellar Lumens .

Stellar Lumens pursues a completely different approach than, for example, the aforementioned IOTA, because you want to specialize in currency transactions. The aim is to simplify international transactions.

It is also possible to anchor so-called smart contracts in the blockchain. This concept has turned out to be so attractive for the chip manufacturer IBM that they decided to cooperate with Stellar Lumens. Here, too, a world-class corporation expects advantages for the business of the future.

3. Buy Ripple (XRP)

Santander Bank is involved with Ripple . Ripple wants to make international transactions faster and cheaper. In this respect it is similar to the aforementioned Stellar Coins.

Such a blockchain technology can bring enormous time and cost savings, especially when it comes to transfers in foreign currencies.

Should the Santander Bank actually be able to successfully transfer the Ripple crypto currency into its day-to-day business, then one can expect significant increases in value for this network as well.

Buying cryptocurrencies for beginners

Beginners to trading often show a great deal of interest in the topic of crypto. At the same time, however, they have justified respect and sometimes even fear of an investment. Beginners are therefore advised to start with a demo account before buying cryptocurrencies.

This is included free of charge in the Roinvesting offer, for example. Here you can start with fictitious positions without any risk and without fear. You can start with regular crypto tokens, but you can also try out the more advanced financial products of CFDs.

The basic tip for beginners when it comes to buying cryptocurrencies is definitely: take it easy . Every investment comes with a risk and digital currencies in particular remain true to this principle.

Sell ​​cryptocurrencies

This site has dealt intensively with the topic of buying, but returns are only possible if the assets are also sold again.

When it comes to selling cryptocurrencies, nothing is more important than the appropriate exit time . Unfortunately, you often only know afterwards. And so you shouldn’t be too driven by greed, but rather define investment goals in advance.

Once the desired return has been realized, you can sell with a clear conscience. Do you already have cryptocurrencies and are you looking for a suitable platform to get rid of them profitably? Then we can also recommend Roinvesting here, as you can sell cryptocurrencies for euros in the wallet yourself .

Buy cryptocurrency guide

Buy cryptocurrencies with PayPal without verification

We have dealt in depth with the topic of PayPal and crypto. We were able to determine that a wide variety of digital currencies can now be bought and traded via different channels.

However, if you want to buy cryptocurrencies with PayPal without completing a verification , you will be disappointed. On the one hand, pretty much every regulated and reputable broker and even crypto marketplace requires verification of its customers. On the other hand, of course, the PayPal account itself has to be confirmed.

And so the topic of buying cryptocurrencies with PayPal without verification must be given a clear rejection .

Buy cryptocurrencies with PayPal without registration

Would you like it anonymous? The days of great anonymity are basically over in the field of cryptocurrencies. Individual tokens such as Monero have made it their business to disguise the identities and transactions on their blockchains much better than Bitcoin, but you still have to get to the coins first.

If you then also want to use PayPal to buy crypto currencies, you will not be able to avoid registration . On the one hand, the PayPal account must be set up and, on the other hand, an account with the respective platform. Alternatively, you could simply find a well-known seller to carry out the trade with him via PayPal.

Such a deal would be based on pure trust. In this respect, caution is advised, after all, the crypto industry is widely known for its high level of fraud.


Secured Brokers has summarized the most important information about buying crypto currencies in South africa. In step by step guides, any interested investor can get to an account on crypto exchanges, stock exchanges, brokers and other platforms within 15 minutes. This is a great way to invest in cryptos .

It is up to the trader to decide for himself which form of trading is suitable for him or her . The instructions cover a wide variety of crypto currencies (such as Bitcoin, Ethereum , Litecoin , IOTA, etc.) and introduce the platforms that are suitable for buying crypto currencies .

With Bitcoin in particular, there are many ways to buy the crypto currency , for example at Roinvesting , Coinbase , or Bitfinex . In the opinion of the editors of Secured Brokers, the investment experiment at RoInvesting is worth recommending.

It combines simple trading with flexible payment methods, a fair minimum deposit of € 200 and high potential returns.

Many of the platforms presented manage the crypto currencies for their users. In individual cases, however, you will still want to try to get your own wallet. This enables flexible handling of your own portfolio.

Modern providers (such as Roinvesting) meanwhile allow you to buy crypto currencies with a credit card and then manage the crypto currencies directly on the platform.


Our recommendation: Trading at Investby

Our recommendation: Trading at Investby

  • The broker provides an Islamic Account
  • It provides a dedicated account manager
  • Receive customised investment news
  • Trade with a variety of assets
  • There’s no deposit limit
ABinvesting Review

Our recommendation: Trading at ABInvesting

  • Acknowledge the financial markets through education material 
  • Free VPS is available 
  • Get a swap discount of 50 per cent 
  • Islamic Account is available to traders 
  • Select account types of your interest

Our recommendation: Trading at PrimeFin

  • Fifth decimal available 
  • Spreads begin from 0.03 pips
  • Commission is zero  
  • Full 10-hour support  
  • News alerts and VPS for traders


On the one hand, you can use a crypto broker to trade cryptocurrencies. As a rule, however, you do not come into direct possession of the coin here. On pure crypto exchanges, on the other hand, you can exchange crypto currencies. But here you usually have to have a wallet and a currency. Alternative platforms, such as Coinbase, allow you to buy cryptocurrencies with real money. But the first brokers, such as eToro, are also following suit.

If you actually want to own the coin, you have to have a suitable wallet. However, some brokers now offer online wallets.

There are now countless coins. If you are just starting to deal with cryptocurrencies, you should first invest in the big ones in the industry. Bitcoin, Ethereum or Iota can make it easy to get started, as these can be traded on many platforms and are supported by most wallets

Many brokers now also offer very functional apps that can be used to buy crypto currencies. There are also various wallets for tablets and mobile phones so that you always have your coins with you and can make smaller payments

Get a Callback

A trusted broker will contact you today.