While this is a third-party service, it is also a good way to get up and running. Why? Because once you are verified you can link your bank account or credit/debit card and easily purchase your first bitcoin. In other words, it combines a wallet function with a buying and selling platform, making it easy to cash out also, should you need to. If you use the link provided you will also receive $10 in Bitcoin once you have purchased your first $100 worth or more. And just to be completely transparent, I will also receive $10 in Bitcoin for referring you. Coinbase is currently offering full service in North America, most of Europe, Singapore and Australia.
Changelly is another really decent exchange where users can exchange dollars for a wide range of cryptocurrency from bitcoin to dogecoin. It will search for the best exchange rate and then purchase them for you. Its basically an instant cryptocurrency exchange which has some of the best crypto-to-crypto rates on the market.
