buying Iranian oil, and trade war adds a reason to defy US sanctions Iran needs economic ties to the rest of the world as the Trump administration plans sanctions on Iranian. You will first have to buy bitcoin with PayPal and then you can use the bitcoins to trade for other coins on a crypto-to-crypto exchange. More from Global Investing Hot Spots: Bitcoin's January struggles may hold clues. If you cant buy a Nano S, Exodus wallet is a solid desktop wallet that supports a lot of coins. Remember, if you choose an overseas exchange, you may have to wire money if you want to buy.
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What should you look for in an exchange? Binance has become popular for a few reasons:. What are the risks to be careful of with these exchanges? These fees can be for trading, depositing or withdrawing funds. You simply tell Changelly which coin you want to buy, and how much of it you want to buy. Changelly - Swap Coins Securely Changelly is a unique exchange in that you dont actually need to deposit coins. The fees are somewhat high so it may not be the best long term solution, but is a good and fast way to get started.