You’ve chosen your wallet, but now it’s time to buy crypto. There are a lot of options, with hundreds of exchanges for you to use. You’ll have to use your fiat currency to pay for crypto, so you’ll need:
- Bank account, or
- Credit card
When signing up for a crypto exchange, you’ll need to focus on:
- Fees that are charged for purchases
- Payment methods offered
- Verification process
- Reviews and recommendations
You will have to pay a minor fee when transferring funds, so keep this in mind when buying cryptocurrencies. Learn about the limits of the exchange you choose, too. A lot of exchanges will limit the amount of money you can withdraw per day from an account.
The key most important thing is to find a trustworthy exchange that will not scam you out of your money.
*Nebeus takes the safety of its users very seriously and practices the highest security standards including but not limited to Password protection, 2-Factor Authentication, entering a unique PIN for any withdrawal, Inability to change wallet address, Inability to withdraw large amounts without manual verification by our team. Our operating companies are in the EU and UK, along with our data servers upholding strict data protection laws (GDPR).
Nebeus uses both automated and manual verification methods offering three tiers of user accounts. This will depend on the country you are from but typically Passport, government-issued identification and proof of residence are required. For users wanting to reach Tier 3, we also request a selfie photo to be verified.