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Discover LudwigThe phrase "am purchasing" is correct and usable in written English.
It can be used when indicating an ongoing action of buying something in the present tense.
Example: "I am purchasing a new laptop for my work."
Alternatives: "am buying" or "am acquiring".
Dictionary
Exact(3)
"I have no idea where you are getting such rumors," he wrote, "but I can tell you that no one from the only reputable source, the White House, has contacted me!" Referring to a research grant with the health institutes, Dr. Varmus continued: "However, I've just renewed my R01 and am purchasing a new apartment on the West Side.
"However, I've just renewed my R01 [NIH research grant] and am purchasing a new apartment on the West Side" of Manhattan, Varmus writes.
When I think of an iPhone/iPad, I am purchasing it for a limited cycle (I don't expect to keep the device for more than three years).
Similar(57)
"Certain cameras were purchased.
Are they being purchased?
All can be purchased online.
Homes would be purchased.
All were purchased legally.
It was purchased in 1965.
Not really - it is purchased.
They were purchased almost instantly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com