Every Way to Buy Cryptocurrency, Explained in 7 Minutes 22 Seconds

*New to crypto or just exploring better ways to buy?* This clear, step-by-step explainer walks through the five main methods — from dedicated exchanges and peer-to-peer trading to decentralized exchanges, bank/fintech apps, and Bitcoin ATMs — with practical pros, cons, fees, and security tips so you can choose what fits your needs. *In this video, you’ll learn:* ✅ How dedicated crypto exchanges work (ease of use, security, regulation, support) ✅ What peer-to-peer (P2P) trading is and how escrow protection reduces risk ✅ How decentralized exchanges (DEX) enable wallet-to-wallet trading — “not your keys, not your coins” ✅ Why banks and fintech apps (e.g., PayPal, Cash App) offer a familiar on-ramp with fewer coins and tools ✅ How Bitcoin ATMs work, plus fees, limits, and when they make sense ✅ Other options: vouchers and in-wallet purchases via Apple Pay/Google Pay/cards ✅ Practical considerations: custody, fees, gas, availability, and local regulation ✅ How to decide the best way to buy based on control, convenience, and access *⏱️ Timestamps:* ⏳ 00:00 – Introduction: How do people buy crypto? ⏳ 00:23 – The first crypto exchange, BitcoinMarket.com ⏳ 00:51 – Exchanges: the most common way! ⏳ 02:24 – Peer-To-Peer (P2P) trading: direct buys, face-to-face ⏳ 03:30 – Decentralised Exchanges (DEX): wallet-to-wallet, no sign-ups ⏳ 04:27 – Banks & Fintech Apps: convenience with trade-offs ⏳ 05:15 – Bitcoin ATMs: physical way to buy crypto ⏳ 06:16 – Other methods: crypto vouchers, in-wallet card/Apple Pay/Google Pay ⏳ 06:33 – Choosing what’s best for you (control vs convenience) ⏳ 07:09 – Outro #binance #buycrypto #cryptocurrency #cryptoexplained #binanceexplains *⚠️ RISK WARNING:* Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. It is your responsibility to ascertain whether you are permitted to use the services of Binance based on your individual circumstances. Not financial advice. For more information, see our Terms of Use and Risk Warning. *📢 Join the conversation:* ➡️ Twitter/X: https://twitter.com/binance ➡️ Instagram: https://www.instagram.com/binance ➡️ Facebook: https://www.facebook.com/binance ➡️ TikTok: https://www.tiktok.com/@binance ➡️ LinkedIn: https://www.din.com/company/binance ➡️ Reddit: https://www.reddit.com/r/binance *🔗 Download Binance here (iOS, Android):* https://binance.onelink.me/y874/cb98de36 *🔗 Sign up for Binance here:* https://www.binance.com/en?ref=ERQKP7ND&utm_source=BinanceYoutube&utm_medium=GlobalSocial&utm_campaign=GlobalSocial