Navigate to the home screen, tap “Buy BTC” and select the amount you want to buy. You must then enter your PIN to complete the transaction. The fee will be listed on the screen before you confirm the trade. This will help you compare the purchasing method to other mediums available to you. Best website to buy bitcoins The cheapest way to buy crypto in New York is through a crypto exchange or trading platform such as Coinbase, Gemini, or Robinhood. Which of these options is cheapest for you will depend on a variety of factors including your funding method, the amount you are purchasing, and what asset you are buying.
When Robinhood initially launched its crypto trading product, it was barebones and lacked many features central to crypto trading, such as the ability to send and receive coins. But over time, Robinhood has improved the offering, bringing its incredibly easy stock user interface to crypto markets. While it still can't compete with the pure-play crypto platforms on this list, Robinhood Crypto is a solid choice for those looking for an app that features crypto and stocks all in one. Block trades atfavorable rates* available forlarge transactions Once you purchase crypto on Robinhood, Robinhood believes you're the legal owner of the crypto. You have all the rights and benefits of ownership, including the rights to appreciation and depreciation of the crypto.