Best cryptocurrency exchanges in 2021 — Where to buy Bitcoin

“Where can I Bitcoin?” is an oft-asked question as investment chitchat about the auspicious future of cryptocurrency takes the world by storm. New investors may gravitate toward the Robinhood app to purchase their Bitcoin, but many cryptocurrency pundits advise Bitcoin dabblers to stay away from Robinhood.

While you can buy and sell Bitcoin, Robinhood does not allow you to move Bitcoin out of Robinhood to other crypto wallets. The stock-trading app also doesn’t provide its customers with the “private keys” for their cryptocurrency. As the old saying goes, “not your keys, not your crypto.”

Coinbase, for example, offers its users keys to their purchased Bitcoin, solidifying their ownership of the digital asset. As such, Bitcoin buyers can withdraw their Bitcoin and store it inside something called a Ledger (a USB device that secures your Bitcoin inside a hardware wallet).

Ledger

Ledger Nano X – The Best Crypto Hardware Wallet (Image credit: Amazon)

Robinhood does not allow its users the luxury of owning their Bitcoin, so if Robinhood gets hacked or goes bankrupt, you won’t be able to pull your Bitcoin off the platform. That being said, Laptop Mag felt compelled to offer prospective Bitcoin buyers better alternatives for purchasing the digital currency. But before we dive into our list of best cryptocurrency wallets for purchasing Bitcoin, let’s explain what this popular digital currency is all about.

What is Bitcoin?



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