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Warren Buffett: Buying Bitcoin isn't InvestingTo buy cryptocurrency, investors first need to choose a broker or a crypto exchange. While either allows the purchase of crypto, there are key. Open a crypto trading account: Regulated crypto exchanges require proof of identity, much like a bank or brokerage account. Exchanges like. To buy alts, make an account on an exchange like Bittrex or Binance, then deposit your ETH or BTC. You can trade these for different currencies.