How to Purchase Cryptocurrencies in 2025
Are you wondering which is the best cryptocurrency and how to buy it? Nowadays, there are various ways to dive into the exciting world of cryptocurrencies. We show you three methods to buy cryptos like Bitcoin.
If you're interested in purchasing cryptocurrencies but unsure how to start, no problem! We've compiled three simple and common methods for your entry into the crypto world.
There are basically two types of wallets, i.e., the place where your cryptocurrency is stored: custodial or non-custodial. We show you how they differ.
Your cryptocurrency is managed online by the crypto exchange. This means your cryptos are always quickly available, and you don't have to deal with storage. However, due to online storage, they can become victims of theft, or—if the exchange goes bankrupt—your cryptocurrency may, depending on the legal situation, fall into the bankruptcy estate.
You are the true owner of your cryptocurrency. This gives you full control. You can choose between online options like apps or offline options like the Cryptonow Wallet®. The offline variant offers you the highest form of security. Since you have full control, you lose access to your cryptocurrency if you lose or forget your access data.
Online exchanges or crypto brokers are probably the most well-known and popular way to buy cryptocurrencies. After creating an account, you add money and can then choose between different cryptocurrencies. Depending on the location of the exchange, you can trade Bitcoin in CHF or USD, for example.
The cryptocurrencies are then stored for you in your online account. However, you can transfer them at any time to an offline wallet (cold wallet), such as the Cryptonow Wallet®. In this article, you can learn more about how to store cryptocurrency securely.
Cryptocurrency ATMs are a good option for those who prefer it simple and fast. These machines work similarly to traditional ATMs, with the difference that you can buy or sell cryptocurrencies here. After the purchase, you receive a receipt that contains the
and the . This way, your cryptocurrency is securely stored offline.Cryptonow gift cards combine the advantages of brokers and ATMs. The gift card is also an offline wallet—the Cryptonow Wallet®. You can buy the gift cards in various stores and then exchange them online for Bitcoin. After the exchange, you decide whether to store the cryptocurrencies in your online account or offline in the Cryptonow Wallet®.
In summary, it's easier than ever today to dive into the exciting world of cryptocurrencies. Thus, even without prior knowledge, one can quickly and securely buy and sell digital assets. However, regardless of the method chosen, it's always advisable to inform yourself thoroughly beforehand and become familiar with the risks and opportunities. If you want to learn more about the opportunities and risks of cryptocurrencies, this article is the right one.
Here are the three most common methods to buy cryptocurrencies, summarized simply.
Online exchanges (platforms) or crypto brokers are probably the most well-known and popular method to buy cryptocurrencies. After creating an account, you deposit money and can then choose from various cryptocurrencies. Depending on the location of the exchange, you can trade Bitcoin against EUR, USD, or other currencies. The cryptocurrencies are then stored in your online account. However, you can transfer them at any time to an offline wallet (cold wallet), such as the Cryptonow Wallet®, to ensure additional security.
Cryptocurrency ATMs are a great option for those who prefer a simple and fast process. These machines work similarly to traditional ATMs, with the difference that you can buy or sell cryptocurrencies here. After a purchase, you receive a receipt that contains both the private key and the public key. This ensures that your cryptocurrency is securely stored offline.
Cryptonow gift cards combine the advantages of brokers and ATMs. The gift card also functions as an offline wallet—the Cryptonow Wallet®. You can buy the gift cards in various stores and then exchange them online for Bitcoin. After the exchange, you can decide whether to store your cryptocurrencies in your online account or transfer them to the Cryptonow Wallet® for offline storage.
This article does not constitute investment advice or a solicitation to buy or sell digital assets or other financial instruments or to enter into any other financial transaction. The main purpose of this article is to provide general information. No representations or warranties, express or implied, are made regarding the fairness, accuracy, completeness, or correctness of this article or the opinions contained therein. Therefore, it is advisable not to rely on the fairness, accuracy, completeness, or correctness of this article or the opinions contained herein. Some statements in this article may contain forward-looking expectations based on our current views and assumptions. These statements are subject to uncertainties and may lead to actual results, performance, or events differing from the statements made in this article.
The Cryptonow Group and its subsidiaries, as well as any advisory or representative persons, cannot be held liable in any way for this article.
It is important to note that investing in digital assets carries risks as well as potential gains.
