If you are among the millions of people who are new to crypto and interested in investing in the burgeoning industry, the first question many face is how do you actually buy cryptocurrency?

In the early days of bitcoin, buying it required a level of effort and comfort with technology that deterred most people. But the industry has made significant strides since then, and the barrier to entry is now almost nonexistent. In fact, if you have already used Cash App, PayPal or Vemmo, you are most of the way there.

Ever since Block’s Cash App introduced its pilot bitcoin services in 2017, it has continued to roll out more bitcoin-based functionalities, with the latest being the integration of the Lightning Network.

Simply put, Cash App is big on Bitcoin integrations, and it is arguably one of the easiest ways to get your hands on bitcoin, particularly if you already have a Cash App account and occasionally use the platform to access traditional payment and investment services. Below are the steps for purchasing bitcoin on Cash App.

Note that you must have enough money on your Cash App to facilitate this purchase. Apart from this basic bitcoin purchase method, you can also take advantage of other investing features, including auto-invest and custom orders.

PayPal is another popular app that has incorporated bitcoin-focused products. Like Cash App, PayPal offers a simple way of acquiring bitcoin, albeit with some withdrawal restrictions.

When you buy bitcoin on PayPal, it is impossible to withdraw the coin to an external wallet. As a result, you will be limited to the services provided by PayPal. If you have no problem with those restrictions, however, you can start buying crypto by following the steps below.

Note that you need to have enough funds on your PayPal balance before you can complete the transaction. If not, you must link your account to a debit card or a bank account. Also, depending on the amount of cryptocurrency you want to buy, you will be charged a fee when buying crypto on PayPal.

In 2021, PayPal-owned Venmo enabled a feature specifically designed for those looking to buy and sell cryptocurrency. Like PayPal, Venmo imposes withdrawal restrictions as crypto holders cannot transfer their coins on or off Venmo’s platform. Another restriction you may also need to consider is the imposed maximum purchase limits set at $20,000 weekly and $50,000 yearly.

That said, below are steps you need to follow to buy cryptocurrency on Venmo.

In line with the explosive adoption of cryptocurrency, Robinhood, like most traditional financial apps, now offers a section where users can purchase crypto. Unlike the other apps listed in this guide, Robinhood specializes in enabling trading services for its users. So Robinhood not only offers the ability to buy and sell crypto, but also allows you to trade cryptocurrency and even send it as a gift, and so if you are looking for an entry place to buy crypto that will grow with your interest, it may be a good choice for you.

Below are the steps to get started buying crypto on Robinhood:

Note that the steps listed above apply to those buying cryptocurrency from the web version of Robinhood. To purchase crypto on the mobile app, all you need to do is click on the Trade button while on the cryptocurrency section of the app. Next, you need to tap Order Types and select the buy option. Once you have selected an order type, confirm and submit your purchase by swiping up.

Notably, Robinhood supports the buying and selling of seven digital assets. They include:

As an additional feature, Robinhood has introduced a wallet service that gives users more control over their digital assets. When it launches, the crypto wallet feature will allow users to move their crypto funds off the Robinhood platform.

Keen to distance itself from the competition, Robinhood doesn't charge its users any fees for buying or selling cryptocurrency on its platform.

Read More: Buying Your First Crypto? 10 Things You Should Know