As the cryptocurrency market continues to grow, more companies are entering the space to facilitate users with the option to purchase cryptocurrencies using their debit/credit cards or bank account.
Below is a list of exchanges with reputable track records, safety and security procedures in place, and the most commonly known exchanges to purchase cryptocurrency from:
*you may need to send Bitcoin to an external exchange like Binance to buy cryptos that are harder to get*
Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Ethereum, XRP, Tezos, Stellar Lumens, and Litecoin with fiat currencies in around 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
Coinbase stores all customer fiat currency(government-issued currency) in segregated, custodial bank accounts. The funds held in those accounts belong to Coinbase’s customers – not to Coinbase. If you are a United States resident, your Coinbase USD Wallet is covered by FDIC insurance, up to a maximum of $250,000
Binance is a US approved, multi-language cryptocurrency exchange and is one of the largest cryptocurrency and digital asset exchanges in the world, and offers the exchange of many more cryptocurrencies than Coinbase’s offering of popular cryptocurrencies like Bitcoin, Ethereum, XRP, Tezos, Stellar Lumens, and Litecoin. Such as Cardano, Ontology, NEO, and Tron.