The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Purchasing cryptocurrency is the first step to enter this field. The current methods of purchasing cryptocurrency mainly include transaction purchase, cryptocurrency ATM, P2P trading platform, mining, etc. These methods have their own advantages and disadvantages, but for novices, What exactly is the best way to buy cryptocurrencies? That is the most important thing. Generally speaking, it is the best way to choose a formal exchange for buying and selling, which can ensure a safer and legal trading environment. Next, the editor of Coin Circle will introduce you to the relevant knowledge of purchasing cryptocurrency in detail.

## What exactly is the best way to buy cryptocurrencies?

The best way to buy cryptocurrency is to choose a regular exchange for buying and selling. The current popular ones are, ,, Open Sesame, etc. The following is a detailed introduction to the exchange:

1. Binance

As the world's largest cryptocurrency trading platform, Binance () Exchange () is undoubtedly the leader in the currency circle. It covers many national markets and time zones. At the same time, its business volume is growing rapidly. In addition, its trading experience and depth are naturally Needless to say, the trading interface and app are also very well designed, and have a good reputation among users. At the same time, the platform community is also doing very well, with high user activity, and some offline meetings are often held with high user participation. At the same time, there are also a lot of users in both social media and Telegram groups. The project team and users Various interactions are also very frequent.

As more and more emerging business sectors and complex financial products are developed and launched on Binance, the product structure becomes more complex and colorful. Binance English “
Binance's name is based on a portmanteau of the words binary and finance. Binance's currency trading service started in 2017 and can handle approximately 1.4 million orders per second, offering trading in more than 150 cryptocurrencies, including popular cryptocurrencies such as Bitcoin, Ethereum, Litecoin and its own BNB token.

2. Ouyi

OKX was founded in 2017. It has been praised by investors due to its long registration time and stable trading. The exchange's main business is to provide users with Bitcoin, Ethereum and other encrypted asset trading services. On February 2, 2021, the exchange officially launched the Chinese name "Ouyi". In January 2022, it was renamed OKX.

OuYi's interface is simple and clear, easy to operate, and users can easily conduct transactions. At the same time, OuYi okx exchange also provides contract trading functions, and investors can use leverage trading to amplify their profits. Contract trading can include perpetual contracts, futures contracts and other options to meet the needs of different investors.

3. Huobi

The original English name of Huobi Exchange (Huobi) has been changed to HTX. During the first bull market in the currency circle in 2017, Huobi was very popular. It was once ranked as the world's largest cryptocurrency trading platform by trading volume. At that time, Huobi Nearly 200 members have long-term experience in product development and operation in the Internet and financial fields, and are committed to creating the most secure and trustworthy. On December 22, 2016, Huobi broke the platform’s daily Bitcoin trading volume record for the 10th time, with daily trading volume reaching 5.01 million Bitcoins and single-day trading volume exceeding RMB 30 billion. As of the end of 2016, Huobi’s cumulative trading volume reached 2 trillion yuan.

4. Open sesame

The influence of Gate.io's Sesame trading platform is obvious to everyone in the currency circle. Founded in 2013, it is one of the most senior brand exchanges in the currency circle. Gate.io has repeatedly been listed on the real trading volume and transparency of authoritative institutions in the global industry. Ranked among the top 10 in digital assets and high return on investment rankings, it is one of the most trustworthy in the world, supporting trading and investment services for about 200 digital currencies and over 400 trading pairs. Currently, it has independent trading business and operation centers in China, South Korea, Japan, Canada, Taiwan and other countries and regions, and operates global business, technology, Wallet.io, GateChain, blockchain research institute and other businesses.

## What is the process for purchasing cryptocurrency?

To buy cryptocurrency, you first need to find an exchange that suits you, then register and authenticate, and finally you can trade. The following is the process of buying Bitcoin:

1. Open the official website of OKX Exchange (), enter your email address on the homepage, click "Register", slide the slider to the right, complete the puzzle for verification, and then enter the verification code received by email. The verification code is valid for 10 minutes.

2. Then enter your mobile phone number, click "Verify Now", and enter the six-digit verification code received on your mobile phone. The validity time is also 10 minutes.

3. Select your country/region of residence and check the Terms of Service, "Risk and Compliance Disclosure" and Privacy Policy and Statement

4. To create a password, you need to meet the following conditions: 8-32 characters in length, 1 lowercase letter, 1 uppercase letter, 1 number, 1 symbol, such as: !@ # $ %, etc.

5. After logging in to your account, find the "User Center" icon on the homepage and enter the identity authentication page.

6. Different levels of authentication can be carried out according to different needs (note: video authentication needs to be operated on the APP)

7. You need to have USDT before conducting transactions. You can buy coins for transactions in C2C. Select the appropriate merchant according to your needs, click "Buy", then make payment according to the prompts and wait for the merchant to release the currency (if you have not received the currency for a long time, you can contact Customer service will handle it)

8. Click "Transaction" - "Coin" on the homepage to enter the transaction page

9. Enter BTC in the search box, select the BTC/USDT trading pair, and you can see the real-time price of BTC.

10. Enter the amount of BTC to buy and click Buy BTC to complete the purchase. Enter the amount of BTC to sell and click Sell BTC to complete the sale.

All of the above is the answer to the question of what is the best way to buy cryptocurrency. The best way to buy cryptocurrency depends on the investor’s own needs, preferences and risk tolerance. Generally speaking, it is recommended that everyone buy cryptocurrencies legally. Cryptocurrencies are bought and sold on formal trading platforms, but there are so many trading platforms on the market that it is difficult to choose. Investors can choose mainstream exchanges such as Binance and Ethereum, which are safer than others. Also, be aware of the volatility and risks of the cryptocurrency market and manage your investments carefully.