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March 14, 2020

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.

Major Exchanges

COINBASE

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 Funds can be withdrawn instantly to PayPal.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.

  • Fiat Deposits 
  • Buy/Sell Crypto
  • Credit/Debit Card
gemini logo for safely buy bitcoin post

GEMINI

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.

  • Fiat Deposits
  • Buy/Sell Crypto
  • No credit/debit Card
kraken logo for safely buy bitcoin post

KRAKEN

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.

  • Fiat Deposits 
  • Buy/Sell Crypto
  • Margin Trading
cex io logo for safely buy bitcoin post

CEX.IO

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. 

  • Fiat Deposits
  • Buy/Sell Crypto
  • Margin Trading

Buy Bitcoin Instantly

Link to Changelly Crypto Exchange

CHANGELLY

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.

  • Fiat Deposits 
  • Buy/Sell Crypto
  • Instant Exchange
coinmama logo for safely buy bitcoin post

COINMAMA

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.

  • Fiat Deposits
  • No exchange services
  • No credit/debit Car Offered 

Crypto Payment Platforms

Crypto.com logo for safely buy bitcoin post

CRYPTO.COM

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.

  • Cypto Deposits 
  • Buy/Sell Crypto
  • Credit/Debit Card

BITPAY

Manage your finances in one app with the secure, open-source BitPay Wallet. e BitPay Visa® Card. Highly recommended resource.

  • Crypto Deposits
  • Debit/Credit Card
  • Payment Processing

Bitcoin ATMs

ATM Graphic for Safely Buy Bitcoin at ATM

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. 

  • Fiat Deposits 
  • Buy/Sell Crypto
  • Partly Anonymous

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.

You might also enjoy our article: Cryptocurrency Scams 2020

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