How Buying Cryptocurrency Works (The Mechanics Explained)
From identity checks to settlement and custody — the steps and costs involved when someone buys crypto, explained so you can evaluate any service yourself.
How purchasing works conceptually — payment rails, fiat on-ramps, and costs.
From identity checks to settlement and custody — the steps and costs involved when someone buys crypto, explained so you can evaluate any service yourself.
Debit, credit, prepaid, PayPal, bank transfer — each rail has different speed, cost, and risk. Here is how they compare conceptually.
"Fiat" is government money like dollars or euros. Converting it into crypto — and back — happens through on-ramps and off-ramps. Here is how that bridge works.