I know you’re tired of searching for places where to buy Bitcoin so that you can start trading or just simply invest! There are a ton of website that offer those sites but are sooo confusing (I know because I was just like you before I started this blog).
So if you want to find the place to find the best site in buying Bitcoin, YOU’RE AT THE RIGHT PLACE!
Okay, Here’s my top places to buy Bitcoin
- Coinbase Based out of San Francisco, Coinbase allow users to buy with USD, Euros & GBP. Be sure to read up their information page which will help you get started. Coinbase really is a great site for multiple reasons, but most importantly because it’s intuitive. The user interface is so appealing and simple to use. Coinbase is also one of the most secure exchanges site and has over 18 million happy users per month. Card purchases are real simple and fees remain very competitive. The best part is that all user wallets are insured. Expert users can even activate a super-advanced & secure mutli-signature wallet. This guarantees that in the event Coinbase were to go offline then these users could still move their coins.Like all major exchanges, Coinbase do require ID submission before you can finalize an order. Current verification times are reportedly slower than usual. Should you want to trade like a professional: use GDAX for larger volume transactions and cheaper fees.While Coinbase really does offer some very cool features for both beginners and experts, it is hard to believe that the best-funded bitcoin exchange out there persistently goes offline during large sell-offs. I urge caution if you are wanting to buy or sell your Bitcoin you may have to wait several hours just to sign in.Sign up here to get 10$ free when you buy 100$ of Bitcoin!
CEX is an integral part of my guide, because they offer a diverse range of services. This tutorial would feel empty without including them here. I also really appreciate the fact that customers can learn easily on CEX thanks to a fully beginner-optimized process. This UK based bitcoin exchange (ETH BTC) originally was a cloud mining operator. Due to increasing demand, it was decided to start offering bitcoins for sale. They now have over 700 000 users and accept Euro, US Dollar, and Russian Ruble. Wire transfer and SEPA payments are also accepted. CEX have a Level 2 PCI DSS data security clearance meaning that this site is extremely trustworthy with users data and money.
Coinmama, based in Israel, accepts both credit card and cash (via Western Union or MoneyGram). This is the best place to buy with cash if you are familiar with using such remittance services. Due to a relatively “offshore” location and cash deposit methods, Coinmama is another excellent site to keep things as private as possible. This goes without saying, the website is nicely designed and works perfectly on a mobile browser as well as desktop. As a beginner, my mother finds Coinmama really easy to use. Customer support is truly amazing compared to Coinbase or other large exchanges. I strongly believe that Coinmama will rise to become a very popular option.
Localbitcoins is one of the first and largest P2P exchanges (person to person). Their system pairs your location with that of sellers in the area nearby. Two purchase options are available: you can either do a SEPA transfer (Europe – SWIFT for rest of world) to the seller’s bank, or else arrange a meeting point and pay with cash. I prefer meeting in-person, as this allows me to discuss and network with like-minded people that share an interest in digital currencies.
Localbitcoins is great because in most cases no verification is needed, meaning that it is possible to stay anonymous. The average price is approximately 10 percent higher than elsewhere. This is what people are willing to pay to keep their privacy. Sometimes buyers / sellers may ask for identification before trading. Do check out Localbitcoins if you live in a country where other big exchanges do not operate. There is often a seller nearby.
While cryptopay’s centerpiece product is indeed its bitcoin credit card, there is a hugely underrated exchange platform available to its customers. Bank transfer deposits are quick to confirm and accepted in GBP, EUR, and USD. Fees are about 20 percent higher than Kraken, but this is well worth it because Cryptopay is so much easier to use. Thanks to a great user interface the site has managed to build up over 750 000 unique visits and plenty of good reviews online. As with all online wallets, I do recommend testing their wallet service & storing a small portion of your bitcoin here. It is best practice to always withdraw most of your coins to your own offline wallet.
I’m a partner of Cryptopay, so when you sign up, you can get a discount on your Bitcoin purchase!
For my filipino readers, Coins.Ph is a Philippine-based company that facilitates money transfers using the Blockchain technology. In layman’s terms, it allows you to buy, send and receive Bitcoins to pay for your bills, deposit to your bank, load up prepaid cellphone credits and many more.
Bitcoin is the first decentralized cryptocurrency and was created in 2009 by a certain Satoshi Nakamoto. If you aren’t aware of Bitcoins yet, I suggest you read this article here.
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WAIT WAIT WAIT! BEFORE YOU GO I NEED TO TELL YOU SOMETHING!
Now that I got your attention, I want to reach out to you because I found a fundraising campaign about a lad that needs help to surprise his single mother that raised him ever since he was a kid. Before he graduates in college, he wants to surprise her with a retail store. Why? Because her mother has gone through debts just to pay his college fees without telling him, that’s why this time, he wants to do this for his mother without telling her too. Raising a kid as single mother is no joke that’s why he wants to give back everything that his mother did.
If you want to help this lad, his fundraising campaign is https://gogetfunding.com/the-muhen-dream/
That’s it, thank you for your time.
If you have any other questions regarding Bitcoin, you can always ask me in the comments.