Best Crypto Exchanges

 Cryptocurrencies can be purchased through crypto exchanges, such as Coinbase, Kraken or Gemini. They offer the ability to trade some of the most popular cryptocurrencies, including Bitcoin, Ethereum and Dogecoin. Still, they may also have limitations. You’ll have to check to see if your exchange supports the right crypto pairing you need to make a purchase.

For example, you can use your stash of USD Coin, a crypto stablecoin, to buy Ethereum on Coinbase Exchange.

“It was once fairly difficult but now it’s relatively easy, even for crypto novices,” Zeiler says. “An exchange like Coinbase caters to nontechnical folks. It’s very easy to set up an account there and link it to a bank account.”

Keep an eye out for fees, though, as some of these exchanges charge prohibitively high costs on small crypto purchases.