Get started is fast, secure, and designed to keep your personal info safe.
To prevent identity theft or fraud, you’ll need a photo ID to make sure it’s really you.
Get started with as little as $25, and you can pay with a debit card or bank account.
Coinbase is based in San Francisco and trusted by 30+ million customers worldwide.
Industry-leading security and insurance means your crypto and personal info are safe.
Download the Coinbase app and take control of your crypto everywhere you go.
A lot of customers hold onto their Bitcoin in the hope that its value goes up. You can store your Bitcoin in your Coinbase account or transfer it to a private wallet.
Please note that Coinbase no longer supports this browser.
It’s one of the biggest buzzwords in the financial technology industry right now, but also one of the least understood. With cryptocurrency back in the news again, now’s a better time than ever to delve into the weeds and learn more about how to invest. If you’re standing, sit down, because here’s a breakdown of everything you need to know before buying your first bitcoin—or deciding not to.
Investing in cryptocurrencies and Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by Investopedia or the writer to invest in cryptocurrencies or ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Investopedia makes no representations or warranties as to the accuracy or timeliness of the information contained herein.
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Bitcoin took the world by storm as it rocketed from obscurity to nearly $20,000 in value per coin in 2017. The cryptocurrency markets have calmed down a bit since that record high, but many Bitcoin evangelists still claim Bitcoin to be the currency of the future. Follow along to learn more about how Bitcoin works and the best places to buy Bitcoin.
First of all, need some background information about what Bitcoin is? It’s a digital currency used mostly for online purchases and as an investment, albeit a very risky one. It is not sponsored by any government.
So, you’ve decided to invest in cryptocurrency.
However, you’re confused and don’t know where to start.
With so many options available, it can be difficult to choose the best option for you. Plus, there are lots of things you need to think about before you start buying cryptocurrency.
Learning how to buy cryptocurrency can be a confusing process.
It doesn’t have to be, though.
In this guide, I will give you the answers to all the following questions:
By the end of this guide, you’ll know exactly how to buy crypto, which is the best way for you and where you should go to do it. So, let’s get started!
The process of buying and selling cryptocurrency has been made a lot simpler over the last few months.
With CoinGate, you can purchase Bitcoin, Ether, Litecoin and Altcoins with your Credit Card wallet instantly. No registration, instant payment confirmation, payout within 24 hours!
Buy cryptocurrencies without registering an account. Smooth payment experience is guaranteed.
Choose your desired currency, amount and proceed to checkout. No added steps!
Buying crypto with credit card can cost 10% or more. With CoinGate, what you see is what you get!
With CoinGate, you can buy Bitcoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, Binance and other coins using a range of payment methods. Other than credit card and debit card payments, we support EU SEPA bank transfers, mobile balance.
CoinGate sources its prices from the largest exchanges, giving your the real-time market rate.
Getting started with CoinGate takes no time.
Simply create an account, confirm your email
address and phone number, and you’re good to go. Unlike many other services these days, we take care
of our customers quickly and efficiently. Our ID verification procedure is as easy as it gets, and we’ll
approve your identity for your first purchase within 24 hours.
Once you’ve signed up, feel free to wander around the dashboard and get to know the CoinGate platform.
While waiting to get verified, you can add your Bitcoin address for future purchases immediately.
Confirm it by email and you’re set. Now, when your account is verified, go ahead and visit the buy menu,
where you can select your payment method of choice.
Making a Bitcoin purchase is quick and convenient. Select your payment method and amount you wish to buy,
denominated in fiat currency or in BTC.
There is no one size fits all for exchanges.
Each user has unique needs when buying cryptocurrency.
Our Bitcoin and cryptocurrency exchange reviews detail each exchange’s supported countries, payment methods accepted, fees, privacy, limits, liquidity, reputation, speed (delivery of coins), customer support, and any past issues.
Your bitcoins should not be stored on ANY exchange! If you want a secure Bitcoin wallet you will need to use a hardware wallet like the Ledger Nano X.
Coinbase is the world’s largest Bitcoin (BTC) broker. They represent an easy and fast way for new users to purchase bitcoins, ethereum, litecoin and many other coins. Coinbase supports customers in over 30 countries, including the United States, Europe (besides Germany), UK, Singapore, Canada, and Australia.
We may receive compensation when you use Coinbase.
This post contains affiliate links.
Coinbase is the world’s largest Bitcoin exchange, so this is a common question.
Yes, Coinbase is a Bitcoin company based in San Francisco, and backed by trusted investors.
Coinbase is the world’s largest Bitcoin broker, and also offers an exchange, wallet, and developer API.
On this page we’ll review Coinbase and its brokerage, exchange, and wallet.
Coinbase’s simple interface aims to make it easy for first-time buyers to purchase bitcoins.
The most popular payment methods for Coinbase customers are buying with a credit card or debit card, and also using a bank transfer.
There’s a full guide at the bottom of this post that shows you how to buy on Coinbase using a credit card.
Coinbase supports 55+ countries.
We may receive compensation when you use Coinbase Pro.
This post contains affiliate links.
Buying Bitcoin for the first time can be confusing – that’s why Coinbase was created.
It’s a simple platform, designed for ease of use and simplicity.
Most people will use Coinbase when they buy for the first time.
Unfortunately, they charge a fee for that convenience.
Coinbase charges 1.49% on all transactions made with a bank account, and 3.99% for debit/credit cards – these expenses will add up quickly, especially if you are trading often.
The Global Digital Asset Exchange, more commonly known as Coinbase Pro, is one of the most popular cryptocurrency exchange platforms. Coinbase also owns Coinbase Pro, but it is not meant for beginners.
Coinbase Pro is a superb alternative for more experienced crypto traders.
We may receive compensation when you use LocalBitcoins.
This post contains affiliate links.
LocalBitcoins is a global Bitcoin exchange that gives a lot of options to its users.
Before getting into the details, here are some good and bad things to know about LocalBitcoins:
LocalBitcoins itself does not impose any limits on its users. Users are free to decide on their own prices and limits.
LocalBitcoins is available in nearly every country. Liquidity will depend on the amount of buyers and sellers in your area. LocalBitcoins is not available in Germany or the state of New York.
We may receive compensation when you use Coinmama.
This post contains affiliate links.
Credit card is the most popular payment method on Coinmama. This table helps compare Coinmama to other popular credit card exchanges.
Please note that fees are approximate and may vary based on your country or purchase size.
Among bitcoin brokers that accept credit cards, Coinmama supports the widest range of countries. It supports most countries worldwide besides obviously sanctioned countries.
Arizona California Colorado Florida Illinois Indiana Kansas Kentucky Louisiana Massachusetts Maryland Michigan Missouri Montana Nevada New Jersey North Carolina Pennsylvania South Carolina Tennessee Texas Virginia Wisconsin
Coinmama offers some of the highest buying limits among brokers that accept credit cards.
Funds from the recent theft from the Upbit exchange are on the move, according to a Whale Alert tweet. A transaction of 2,000 Ethereum shows that the hacker keeps trying to obfuscate…
A bitcoin trader who promised massive returns by investing in his BitMEX fund, has allegedly made away with more than $380,000 in BTC in what appears to be an exit scam. Bitcoin…
The Cyprus Securities and Exchange Commission (CySEC) has blacklisted four FX brands, for unauthorised trading of FX and crypto. According to reports, the brands misleadingly claimed…
It seems Ripple is pretty serious about pushing XRP adoption in a massive way. The San Francisco based fintech firm announced a $200 million funding on Thursday for the same. Ripple…
The Amended Directive to the Fourth EU Money Laundering Directive will go into force in Germany on January 1, 2020.
Convert your local currency to Bitcoin, Ethereum or any other supported coin easily
We are a non-custodial platform, meaning that your crypto is securely and instantly delivered directly to your personal wallet.
Bitit is developed, hosted and regulated in France. We maintain the highest standards for privacy and regulatory oversight.
We are constantly expanding our global footprint, supporting a wide range of countries, local payment methods and currencies.
We are here for you! We provide all the resources you need to seamlessly flow through the experience of buying and selling crypto 24/7.
Cryptocurrency exchanges are for traders. Bitit is the easiest, most convenient platform for both beginners and cryptocurrency enthusiasts.
Transparent pricing with commissions as low as 1%.
If you want to buy cryptocurrency quick and easily with your credit card check out the Blockgeeks Exchange!
Cryptocurrencies have pretty much been a topic of intense discussion over the last few years. How many times have we heard stories of people becoming overnight millionaires and, at the same time, stories of people who lost hundreds of thousands of dollars hoping to make a quick buck?
So, if you are looking to invest in crypto in a safe manner, then this guide is for you.