I recently downloaded the Armory Wallet for my Mac. It appears to work great, but is there any way I can purchase Bitcoins via an exchange on the wallet interface itself? If not, what should I do?
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No, in general wallets are just tools to manage bitcoins already in your possession. The only exception I can think of is Mycelium, which includes a functionality to find buyers and sellers nearby.
To find out how to get bitcoins, check out How do you obtain bitcoins?.
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So basically I would have to create another wallet on the exchange and then send them to the wallet on my computer? – Philip Adams May 27 '15 at 11:51
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1@PhilipAdams Yes. Some exchanges will payout directly to an address but most you do your trade and then withdraw. – George May 27 '15 at 18:05