You've opened your exchange account – now it's time to buy. Learn how to place your first order, understand market vs. limit orders, and avoid common beginner mistakes. We'll walk you through every click.
After funding your exchange account, buying crypto is as simple as a few clicks. But fear of making a mistake – buying at the wrong time, paying too much in fees, or sending to the wrong address – can be paralyzing. This guide removes the mystery so you can buy with confidence.
Remember: start small, use only what you can afford to lose, and never invest based on emotion. Ready? Let's buy your first Bitcoin or Ethereum.
Best for: Speed and simplicity.
You buy at the current market price. The order fills immediately (as long as there's liquidity). You pay the ask price, which may include a small spread.
Best for: Price control.
You set the maximum price you're willing to pay. The order only fills if the market drops to that level. It may never fill, but you avoid overpaying.
Pro tip: After buying, the crypto is still on the exchange. For long‑term holding, move it to your own wallet (covered in the next article).
Practice buying crypto without spending real money. Select a coin, enter an amount, and see how market and limit orders work.
💡 Fees (0.5%) are included for realism. In reality, fees vary by exchange.