I had to learn all the terms and how to find the exchanges by myself. I would like to share my knowledge with you all, leave your comments or questions below.
I use coinbase to buy the coins
coinbase has 4 cryptocurrencies that you can buy with UDS.
you will have to connect your bank account to coinbase or a credit card.
I use credit card because if you buy from coinbase with your bank account your cryptocurrency will not be available for at least 3 days. If you buy with Visa credit card it is immediately purchased.
here is the listed coins:
Bitcoin
Bitcoin cash
Litecoin
Ethereum
if you buy Bitcoin just be mindful of the fees to transfer and the time it takes to send to another exchange. I prefer to buy Litecoin, the fee is cheaper and it is faster to transfer to another exchange. However, if you are going to be transferring to an exchange like Binance I would recommend to buy Ethereum because you can use Ethereum to buy other coins.
Ok, unfortunately you do have to transfer the coins you buy from coinbase to another exchange. I use Kucoin and Binance.
So it is important after opening an account with coinbase to go and open an account with Binance.
https://www.binance.com/
you don't have to pay to open accounts. I would recommend two types of verification for you accounts to keep your information safe.
Now that you have an account on Binance, go to the balance tab and click deposit ( you will receive an address and you will paste that address on your coinbase account (under account withdraw). for the coin you purchased. Make sure to double check several times, so you can avoid mistakes specially between Bitcoin and Bitcoin cash.
Transfer takes time, maybe 15 minutes , maybe 2 hours. However, once you have Bitcoin or Ethereum on Binance or Kucoin you can use it to buy other coins such as Tron, Neo, Ven...
I understand that you may be afraid to give your bank information or credit card information and you should. There are so many exchanges and you want to make sure you are using a safe exchange.