Whether your goal is to set up a crypto savings plan or to start crypto day trading, it all starts with buying your first crypto. Invity is here to open the world of crypto safely and easily!Get started with crypto!
What coin should I start with?
How should I approach my decision?
Cryptocurrencies let you be your own bank, meaning you get to manage your investments directly. So the way you invest in crypto is based on your situation and needs informed by your own research. A good all-around starting point is the first and most popular cryptocurrency, Bitcoin.
What is a crypto wallet?
Like with offline money, you need a way to protect your crypto while keeping it close at hand: a wallet. This can be a smartphone app or a standalone device. Whatever your choice, keep it secure.
Crypto wallets don't contain coins - coins are only pieces of a blockchain network. Wallets contain your keys.
Two types of keys, public and private keys, are bits of data that let you access the blockchain and thus your coins.
Keys are like your bank account number and your signature on a check. They're how you receive and send your crypto.
Where can I get a crypto wallet?
Hot (software) wallet
Where you get your wallet depends on the type of wallet you want. If you want a convenient app (a "hot wallet"), these can usually be downloaded from the creator's website or an app store for free or low cost. The Blockstream Green and the BlueWallet are trustworthy, easy-to-use hot wallet choices.Learn more about crypto wallets
Cold (hardware) wallet
When deciding on your first crypto wallet or upgrading, make sure a wallet supports the coins you want to invest in.
What is a crypto address?
A crypto address is similar to a postal address or email address: it's where you'll receive your crypto when you buy or receive some as part of a trade. Another person's address is where you'll send your crypto when you spend or trade crypto.
Addresses are mathematically generated from the public key that your crypto wallet protects.
The process that generates an address preserves your privacy and can produce endless numbers of addresses.
You can have as many addresses as you like. Using a new address each time you receive crypto is a security best practice.
The exact address format also varies depending on the crypto. You must use a key and address specific to the crypto you are buying. Read our blog to learn about some of the major coins.
What do I need to verify myself?
Why do I need to verify myself?
Verification is also called "know your customer" (KYC). Along with anti-money laundering (AML), KYC is a required step for finance institutions - from banks to crypto exchanges - to operate legally. It helps keep the crypto ecosystem safe for everyone. Learn more about KYC.
It's also good to note that Invity's Exchange feature includes crypto exchanges without KYC, meaning crypto-to-crypto exchanges can happen even more quickly.
Choose a currency to spend
Choose how much to spend
Type in how much cash you want to convert to crypto. Or click the double arrows to type how much crypto you want to purchase.
Choose which crypto to buy
Use the drop-down list to choose which coin you want to buy. You're all set - now hit "Compare and buy"!
The payment method you choose can also be beneficial; read our blog to learn more about local payment methods.
Compare and buy crypto instantly!
Invity's comparison tool will show you offers from around the web based on the info you provide. Compare crypto prices, payment methods, and provider details all in one place. All applicable exchange fees already included - what you see is what you'll get. Just select "Get this deal" next to the offer you like best.
Currency to spendInvity's results pages recap how much of your selected currency you want to convert to crypto. If you choose a smaller currency, you may also see alternative offers in major world currencies for even more options.
How much crypto you can buyThe main focus of each offer is how much crypto you will end up with for the amount you want to spend. Find this on the left side of the list of offers along with the symbol of the coin you want.
Payment methodJust to the right of center on each offer is the payment method you'll need to use to get that price. Credit card, bank transfer, or local payment methods - Invity connects you to a dozen options with more on the way.
ProviderBeneath the "Get this deal" button is the logo and name of the provider that will carry out your crypto purchase. Not every provider works in every location or with every currency, so check this carefully.
Compare. Buy. Sell. Exchange. All in one place.
Compare crypto exchanges in real-time, choose the best offer, then buy Bitcoin and altcoins instantly.
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