Buying and selling cryptocurrencies through cryptocurrency exchanges

When buying cryptocurrencies through an exchange, you are purchasing the actual coins. You will need to create an exchange account, deposit the full value of the asset to open a position, and store cryptocurrency tokens with potential in your own wallet until you are ready to sell.

Exchanges offer their own steep learning curve as you will need to deal with the technology involved and learn how to understand the data. Many exchanges also have limits on the amount you can deposit, while maintaining accounts can be very expensive.