How To Safely Buy Bitcoin?
There are numerous ways to safely buy Bitcoin. Bitcoin ATMS, exchanges, and integrated purchasing and payment platforms. Recently, Bitcoin debit/credit cards have emerged to allow both cryptos and fiat currencies to integrate in a usable way.
The “De-Fi” (decentralized finance) movement is changing the way people buy Bitcoin, get loans and, conduct business. Many of these companies will extend credit based upon the market value of the cryptocurrency you have deposited.
“The “De-Fi” (decentralized finance) movement is changing the way people safely buy Bitcoin”
You can safely buy Bitcoin at ATMs around the world. And of course, traditional cryptocurrency exchanges like Coinbase, Kraken and Binance remain safe entries into the crypto market.
Below I've compiled a list of several of my top picks. Reputation, safety, and efficiency were top criteria. There are many more options, and further investigation on your own will reveal more sources to safely buy Bitcoin.
Deposits are insured against theft of funds resulting from security breaches, employee theft, or fraudulent transfers. Funds can be withdrawn instantly to PayPal. One of the best known exchanges around.
Licensed to trade digital currencies by The New York State Department of Financial Services and is the first and only digital assets exchange to successfully undergo a SOC 2 Security Audit by Deloitte & Touche LLP. One of the best options to safely buy Bitcoin.
Kraken is one of the most trusted names in cryptocurrency since 2011. Low fees, high liquidity & excellent customer service. They offer Margin trading as well. U.S. based out of San Francisco.
Established in London in 2013, this cryptocurrency exchange offers Bitcoin, Bitcoin Cash, Bitcoin Gold, Ethereum, Zcash, Dash and other trading options. They also offer margin trading.
Buy Bitcoin Instantly
Changelly is a popular cryptocurrency exchange providing the ability to instantly and seamlessly exchange over 150 altcoins at the best market rate or buy them using a bank card. Probably the quickest way to buy Bitcoin.
Coinmama provides users with a platform to purchase Bitcoin and Ethereum using credit and debit cards. Coinmama does not provide a platform for trading in cryptocurrencies nor does it allow users to sell cryptocurrency.
Crypto Payment Platforms
A cryptocurrency and payment platform encompassing a range of products aimed at promoting the adoption of cryptocurrencies on a wider scale ...The platform offers MCO Visa cards, wallet, portfolio building services, and exchange services.
Manage your finances in one app with the secure, open-source BitPay Wallet. e BitPay Visa® Card. Highly recommended resource.
Bitcoin ATM Locator
A Bitcoin ATM is a kiosk that allows a person to safely buy bitcoin using cash or debit card. Some cryptocurrency ATMs offer the purchase of cryptocurrency as well as the sale of cryptocurrency for cash.
How To Safely Buy Bitcoin Wrap Up
I hope you have found this list helpful in your research to find out how to safely buy bitcoin. You will find numerous other resources if these should not fit the bill for you. How cryptocurrency is bought and sold is changing rapidly.
As always, do your own research and choose wisely. You and you alone are the best judge of where to spend your hard earned money.
And remember, CryptoVerrified.com is always here to help you survive and thrive in this new and exciting space! We have an awesome FREE Crypto Guide and toms of resources at our crypto blog.
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