The 4 Best Exchanges to Buy Bitcoin
Did you know that the average trading volume for bitcoin is $4,900,000,000? Can you imagine what investing in this market could mean for you? This market is full of wealth, but you can get involved with some shady people if you don’t do your research.
To not fall into the trap, you must purchase bitcoin from safe providers. If you are here, it means that you’re going to buy bitcoin but want to make sure you’re buying from the right provider. Don’t know where to start?
We are going to tell you about the best places to buy bitcoins. Ready to learn more?
Best Places to Buy Bitcoins: Where to Start?
Before we list and tell you all about the best places to buy bitcoin, we’ve to go over the basics of cryptocurrency exchanges. What is a cryptocurrency exchange? Is it like the stock exchange? Like in stocks, forex, and other investments, cryptocurrency is traded on an exchange. A cryptocurrency exchange is where you can buy, sell, or exchange cryptocurrencies for a digital or circulating currency like US dollars, Euros, among others.
What’s the Best Place to Buy Bitcoin?
When it comes to cryptocurrency exchanges, there are many options, but the key to success is finding the right one for you. It would help if you determined this based on your investment goals and needs.
Here are some of the best places to buy bitcoin:
Paybis
Paybis is a well-known exchange with multiple payment methods. It allows users to buy and sell Bitcoin, and other popular cryptocurrencies, using card payments, e-money services, and bank transfers. Aside from that, the platform is also known for its reliable customer support team, which is online and helps users with all their questions.
Binance
Binance is a multi-language cryptocurrency exchange that was founded in 2017. It has been growing because of the discounts they offer. Click here to learn more.
Coinbase
This is one of the most popular trading platforms and bitcoin brokers around the world. It makes investing in cryptocurrency easy and safe to buy, sell, trade, and store digital currency. Investors can purchase Ether, bitcoin, and Litecoin using their digital wallet for iPhone and Android or the company’s subsidiary Global Digital Asset Exchange (GDAX).
Kraken
Kraken is the biggest bitcoin exchange in liquidity and euro volume. Founded in 2011, it’s a partner in the first cryptocurrency bank. Besides letting you buy, sell, and trade bitcoin, their platform lets you trade it for circulating currency such as Euro, US Dollar, and Japanese Yen, among others.
Shapeshift
This is one of the leading exchanges that support a wide variety of cryptocurrencies, such as Ethereum, Monero, Dash, and Bitcoin, among others. This platform is very straightforward since it doesn’t require you to sign up for an account or have a platform to keep your funds to trade.
Wrapping It Up
Like in food, there are options for every Bitcoin investing palate. Choosing what exchange to invest in shouldn’t be difficult if you keep in mind the basics. So remember that when you’re looking for the best places to buy bitcoins, focus on your investment goals, needs and, what you expect from the exchange where you’re doing business. You’ve already chosen what exchange you’re going to buy bitcoins. Want to learn more about the bitcoin market? Check our articles for more information and tips.
