If you want to buy Bitcoin, you need to choose the right exchange. It should be easy to use, available 24/7 and have low fees.
You can buy crypto using a credit card, bank transfer, or a PayPal account. You may also want to consider a hardware wallet that stores your coins on the Bitcoin blockchain rather than being entrusted to a third-party platform.
Cryptocurrency exchange Coinbase
Coinbase is an easy-to-use crypto trading platform that lets you buy, sell and transfer cryptocurrency like bitcoin. It also offers a wide range of other coins, including ethereum and litecoin.
You can also use it to manage your cryptocurrencies portfolio, and even trade them in real time. It’s also one of the most secure ways to store your cryptocurrencies.
However, there are a few things you should keep in mind when using it. First, be aware of scams and giveaways that claim to send you more coins.
Another thing to watch out for is the fees. These can be steep, especially if you’re buying small amounts of crypto.
You can avoid them by choosing a wallet that’s not hosted by Coinbase. This way, you can control your private keys and can retrieve them if something goes wrong with the company.
Cryptocurrency exchange Bybit
Bybit https://www.bybit.com/en-US/ is one of the best places to buy bitcoin because it offers a safe and secure way to buy and sell your coins. The exchange offers a wide range of buying options, including credit cards, Apple Pay and SEPA.
It also offers a three-tier loyalty program that rewards customers with discounts on fees. You can also expect a response to any query within 24 hours.
The site has a clean interface, and it’s easy to use. Its fast verification process is also a big plus.
However, it’s important to note that Bybit doesn’t offer a wallet service so you’ll need your own. It provides a helpful guide in its help center to show you where to find a no-fee crypto wallet to store your Bybit coins.
The site is available on the web and is fully mobile-friendly, so you can buy and sell your coins on your phone or tablet. But the app needs to be revamped and it’s not available in many countries.
Cryptocurrency exchange Bitstamp
Bitstamp is a cryptocurrency exchange that is based in Europe and works with a wide range of fiat currencies. It offers a simple trading interface for beginners and an advanced platform called Tradeview for more advanced users.
Cryptocurrency trading can be difficult and intimidating for some users, but Bitstamp has a professional design and features to make it easy to use. This makes it a good choice for people who are looking to trade large amounts of cryptocurrency without having to worry about a hack or losing their funds.
Like other exchanges, Bitstamp charges a 5% fee for credit and debit card purchases. However, this is still cheaper than other exchanges that charge a higher fee.
Cryptocurrency exchange Binance
Binance is the largest crypto exchange, boasting 120 million registered users and a 24-hour trading volume that dwarfs the competition. This makes it the best place to buy bitcoin.
The platform offers a wide variety of trading platforms. You can trade on a desktop browser or download an application.
In addition, you can trade cryptocurrencies using credit and debit cards. You can also use an eWallet to store your crypto assets.
Traders can also earn interest on their idle funds by opening flexible savings accounts or locked savings accounts. The latter allows users to earn fixed interest rates for a period of time.
The platform is also known for its high liquidity and low fees. Maker-taker trading fees start from 0.1% for spot trading, while VIP status entitles traders to discounts.