I decided to buy a bitcoin from Coinbase. The main reason is the 1.49% charge which was a lot lower than eg cex.io. I wanted to keep the process simple and this seemed to be the best way to go. Now I am going to look into getting a wallet like Ledger? The one thing I dont understand is where the bitcoin is stored on Coinbase?
https://support.coinbase.com/customer/en/portal/articles/1662379-how-is-coinbase-insured-''Coinbase holds less than 2% of customer funds online. The rest is held in offline storage.''