In this post, we will talk about where to buy bitcoins. Bitcoin is a cryptocurrency that has taken the world by storm, and it's not hard to see why. There are many advantages to using bitcoin, such as sending money quickly across borders without high bank fees, better control over one's personal financial information, and increased security over transactions where your credit card number is not exposed.
These reasons make buying bitcoins an attractive option for those who want to have a better life financially. Although there are many ways to buy Bitcoin online, I will list some of the best ones here so you don't get scammed!
List of the best platforms where you can buy Bitcoin:
1. Coinbase:One of the most popular and reputable bitcoin exchanges online where you can buy BTC with USD, EUR or GBP. The downside of this site is that it has a slightly higher bitcoin buy rate than other sites. You will need to verify your full identity, including uploading identification documents like passports or driver's licenses, if you wish to purchase larger amounts of Bitcoin beyond $150 at a time.
2. LocalBitcoins:another good place where people from all over the world can meet in person and trade Bitcoins. This site offers more privacy as it does not require any government registration, but there are risks, such as scams through sellers who have not transacted before! It is best to use escrow services involving a third party where the buyer pays an agreed amount to a third party who will ensure that both parties track and complete the transaction.
3. Amazon:yes, you can buy Bitcoin on Amazon! It's not as popular as other methods, but it does exist. If you are looking for accessibility, this might be your best bet because many people have access to shopping on the Amazon website, so they may also know how to invest in Bitcoin online! Amazon does not require any registration and the process is simple, you can buy Bitcoin with a credit card.
4. Changelly:This website offers a quick and easy way to buy Bitcoin. This is where you can find the best exchange rate for your currency through this peer-to-peer service where there are sellers who will then provide the cryptocurrency of their choice in return! The bitcoin is then transferred to your wallet, where you can do whatever you want with it.
5. Bitsquare:This decentralized exchange is great for buyers who want more anonymity in their transactions and those who don't want to buy Bitcoin through a centralized service like Coinbase (which has stricter policies). Bitsquare lets you trade Bitcoins in an open marketplace with other users where cryptocurrency is transferred directly from person to person.
6. CEX.IO:This exchange service offers a wide range of cryptocurrencies and fiat currencies to use on their platform, including the ability to buy Bitcoins via bank transfer or credit card!
7. Kraken:If you're looking to buy bitcoin, Kraken is one of the most popular options with competitive fees and worldwide availability.
8. Blockchain:Blockchain is where you can get Bitcoin in just minutes, and it will allow anyone to buy small amounts of cryptocurrency. It also allows users to store their Bitcoin more securely than anywhere else it could go missing or be stolen.
9. ShapeShift:This website offers one of the fastest methods to buy bitcoins today through different types of currencies available on the site, so if you are looking for speed, then ShapeShift might be your best option.
A digital wallet ensures that all transactions are secure when done online, making it much easier to invest securely with the help of an intermediary like Coinbase or Blockchain. They have several security features such as two-factor authentication, email notifications on pending deposits and withdrawals, advanced privacy methods, and more!
Coinbase also provides other services such as storing Bitcoins after purchase if you need a safe place to keep them while not using them. Additionally, they offer vault storage where coins cannot be accessed without entering a PIN, where many people store their Bitcoins when not in use.
Choose the best option that suits you and start investing in Bitcoins now!
