Where to Buy Bitcoins – Best Places to Buy Bitcoins in 2022

Are you looking for a platform Where you can get to Buy Bitcoins? There is a wide variety of cryptocurrency wallets and exchangers where you can get bitcoin from. BTC is a form of virtual currency that serves as an acceptable payment method for digital purchases. Keep note that BTC is also referred to as Bitcoin.

Where to Buy Bitcoins
Where to Buy Bitcoins

In today’s world, a lot of people now invest in cryptocurrencies. They see this as a method of making more money. There are some platforms to teach and guide you on how to invest and trade on cryptocurrency. It isn’t that complicated or difficult, but advisable to be learnt from a professional. Keep in mind that investing in cryptocurrencies, Decentralized Finance (DeFi), and other Initial Coin Offerings (ICOs) is risky and speculative, and the market can be much volatile.

Where to Buy Bitcoins

If you have decided on a platform to purchase cryptocurrency, then there is a requirement you will need to make available like a wallet, personal identification, internet connection, and payment method.

It is recommended you create your own personal wallet other than an exchange account. This is for more security reasons to keep your cryptocurrency away from frauds and scams. The best exchangers are usually secure, fast, reliable, and cost-effective.

Best Places to Buy Bitcoins in 2022

There are hundreds of bitcoin exchanges where one can purchase bitcoins online. However, there is a list of top websites where you can buy bitcoins in 2022.

  • Coinbase
  • eToro
  • Robinhood
  • CoinMama
  • BlockFi
  • Bisq
  • US
  • Gemini
  • Webull
  • Kraken
  • TradeStation

Also, you can invest or buy bitcoin using the Bitcoin ATMs, P2P (person to person) exchange, Bitcoin ETF, and Grayscale Funds. All you need is a wallet address and the payment method (either by cash, card, PayPal, etc).

How to Buy Bitcoins with Cash

It is very possible to buy bitcoin using physical cash. LocalBitcoins is a recommended platform where you can purchase bitcoins with your cash. The below tips can be used to buy bitcoin with cash:

  • You will need to locate the seller within your location that accept cash
  • Then you can place the number of bitcoins you want to buy and click on Place Order
  • Ensure to collect the seller account
  • Upload your receipt as proof of payment
  • And then you are set to get the exchange processed and done

The bitcoin will be transferred to your LocalBitcoins wallet.

How to Buy Bitcoins with Credit Card

There is no difference between using a credit or debit card to purchase bitcoin. On the trading wallet (exchanger) you are operating on, all you need to do is enter the details of your card and you can easily authorize the transaction of buying bitcoins.

Some trusted websites offer users a safe and secured payment method for using your credit/debit card to purchase bitcoin. But purchasing bitcoin using a credit card is quite expensive. You will be charged processing fees, and also the card issuer might include fees and interest rates.

Verdict

The best cryptocurrency exchange for you will offer a balance between fees, security, and trading options. This is why it is very important to determine what you want out of exchange before you get to use it. If you are not certain on which to use, then Coinbase is a good platform to get started. There is a wide variety of digital currencies with a fair pricing structure in a secure setting you can purchase on Coinbase.

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