Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin through online brokers like Robinhood.

No matter where you buy Bitcoin, you will need a Bitcoin wallet to store it. This could be either a "hot wallet" or a "cold wallet."

A hot wallet (also known as an online wallet) is held by the exchange or cloud provider. Online wallet providers include Exodus, Electrum, and Mycelium. A cold wallet (or hardware wallet) is an offline device used for storing Bitcoin that is not connected to the internet. Some hardware wallet options include Trezor and Ledger.

Some important points to consider when buying Bitcoin: Although the price of Bitcoin is high, you can purchase a fraction of a Bitcoin from some vendors. You should also be mindful of fees, which are typically only a small portion of your cryptocurrency transaction amount but can add up for smaller purchases. Finally, unlike many other stock purchases, Bitcoin buys are not immediate. Because miners must verify Bitcoin transactions, it may take at least 10 to 20 minutes before you see your Bitcoin purchase in your account.

Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin through online brokers like Robinhood.

No matter where you buy Bitcoin, you will need a Bitcoin wallet to store it. This could be either a "hot wallet" or a "cold wallet."

A hot wallet (also known as an online wallet) is held by the exchange or cloud provider. Online wallet providers include Exodus, Electrum, and Mycelium. A cold wallet (or hardware wallet) is an offline device used for storing Bitcoin that is not connected to the internet. Some hardware wallet options include Trezor and Ledger.

Some important points to consider when buying Bitcoin: Although the price of Bitcoin is high, you can purchase a fraction of a Bitcoin from some vendors. You should also be mindful of fees, which are typically only a small portion of your cryptocurrency transaction amount but can add up for smaller purchases. Finally, unlike many other stock purchases, Bitcoin buys are not immediate. Because miners must verify Bitcoin transactions, it may take at least 10 to 20 minutes before you see your Bitcoin purchase in your account.