How to Buy Crypto: What Coin Should You Buy Based on Your Needs?

When deciding how to buy crypto, it’s essential to consider your personal needs and goals. Here are some tips for beginners who want to know what to consider when choosing a coin and buying crypto.

What to look for when buying crypto

• Research the Project Look into the coin's market cap and price. Learn about the coin’s founders, objective, and roadmap. Is it solving a real-world problem? Can you see the potential of the roadmap?

• Check Market Trends Review price history and market performance. Platforms like OKX offer analytical tools for this purpose.

• Community Support Coins with strong community backing often have better growth potential.

• Assess Liquidity Check if the coin has a high trading volume, making it easy to buy and sell.

Get to know the different types of coins

• Bitcoin (BTC) and Etherum (ETH): Known as the pioneers of cryptocurrencies, Bitcoin and Ethereum are two of the biggest names that are ideal for first-time investors who are not confident in doing self-research on new coins. is ideal for long-term investors looking for a store of value.

• Stablecoins (USDT, USDC): For those seeking less volatility, stablecoins pegged to fiat currencies are a safer bet.

• Altcoins: Coins like Solana (SOL) or Cardano (ADA) cater to those wanting to explore newer blockchain technologies.

Understand what coin is best for you

Your choice depends on factors like risk tolerance, investment horizon, and whether you plan to hold or actively trade. Understanding your objectives will streamline the process of how to buy crypto while aligning your investments with your needs.