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# Blog 04: How Buy and Store Crypto

**[Coins Bench](https://daily.dev/sources/coinsbench)** · 4 min read · 0 upvotes · 0 comments

## Summary

A beginner's guide to buying and storing cryptocurrency. Covers the basics of crypto wallets including public and private keys, the difference between hot wallets (MetaMask, Trust Wallet), cold wallets (Ledger, Trezor), and exchange wallets. Explains stablecoins (USDT, USDC, BUSD) and why they are useful as an intermediate step when purchasing crypto with local currencies like Sri Lankan Rupees. Walks through the step-by-step process of buying Bitcoin via a P2P exchange like Binance and then transferring it to a personal wallet for self-custody.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://coinsbench.com/blog-04-how-to-buy-and-store-crypto-1957e7d4ca33>

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- [Hot Wallet vs Cold Wallet: Which Do You Actually Need?](https://daily.dev/posts/hot-wallet-vs-cold-wallet-which-do-you-actually-need--ghqeuu3mt) · Coins Bench · 0 upvotes · 0 comments

---

Tags: [#crypto](https://daily.dev/tags/crypto), [#blockchain](https://daily.dev/tags/blockchain), [#bitcoin](https://daily.dev/tags/bitcoin), [#stablecoin](https://daily.dev/tags/stablecoin)

[View this post on daily.dev](https://daily.dev/posts/blog-04-how-buy-and-store-crypto-lhmsk7zvg)

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