If you are willing to buy bitcoin, then please check out all the ways to buy bitcoin. It’s because after checking you will go to many different and new things that help you in finding the best alternative to buy bitcoin. There are many ways to buy bitcoin, and it involves the traditional trader and exchange as well.
Exchange of cryptocurrencies
You can make an exchange of several cryptocurrencies for buying bitcoin. Either many cryptocurrencies may charge a percentage on your purchasing price. Are you getting confused in finding the best one like which is more suitable for you? If yes, then don’t worry check out some celebrated exchanges below:
Coinbase
it’s one of the most popular exchanges in the U.S. because here people can link their bank account without facing any hustle. In addition to this, Coinbase offers you an exchange of different cryptocurrencies like Litecoin, Ethereum, and others.
Gemini
This is the amount of digital currency that lets you exchange several cryptocurrencies for buying bitcoin such as Litecoin, Cash, bitcoin cash, Ethereum, etc. It charges transaction fees from you about $ 0.99 to 1.49 per cent of the transfer or exchange value. The transaction charges are applied according to the transaction value.
Coinmama
This is also a digital currency that can provide you Bitcoin for the exchange of any other currency. It has a transactional charge of $ 5.9%. And have additional charges of 5% if you buy bitcoin with a credit card.
Stockbroker
Traditional stockbrokers are another way of buying bitcoin, here you can also sell your bitcoin. It won’t go to change anything. Here likes, a stock trading platform you don’t need to pay any fees for buying or trading bitcoin, as it allows users to find the march and move towards the trader they want to work with and buy bitcoin for their currency.
Bitcoin ATM
Bitcoin ATM is as same as the normal ATMs; it’s used to buy and sell bitcoin. There are about 3000 bitcoin ATM exists that locates around the U.S.
Grayscale funds
it is an investment in digital currency or asset management. Here it manages the working of many traders. So, a buyer can buy bitcoins from the discount brokers. There is a fee exists and often charge more than the value of bitcoin. The main thinking that works here is that many investors are there who want to buy the bitcoin and even ready to pay extra for gaining more and more bitcoin with the help of traditional exchange. If you are pursuing your transaction here, then you don’t need to worry about the storage and wallets of securing your bitcoin.
Buy bitcoin directly from owners: you can also choose the peer to peer transaction. You just need to find the bitcoin owners who want to sell their bitcoin for any other currency or items on craigslist with the help of peer to peer equipment such as bit quick, Profit Secret The official App, bisq, etc. you are free to use extreme caution for buying bitcoin through peer to peer an individual.
Bitcoin Futures: it’s a trade station that offers you a method of investing and trading on bitcoin’s future, as it confers you with the high-end stuff. If you want to know more then go and check at their official website.
Points to remind while buying bitcoin
If you want to buy bitcoin then always make in mind to avoid the use of credit cards. There are some owners and providers who let you buy the bitcoin via credit card but not all the users allow you to do so. In addition to this investing amount on bitcoin via credit card has higher interest. That’s the reason for buying a bitcoin via a credit card is not an idea to appreciate.
Hope with the help of the above content you will get the best and easiest way of buying bitcoins. Here several options may weigh a charge or high charges but smoothly serves you. In case you don’t want to pay anything then you should have to go another buying option that has a bit of complication but didn’t charge anything from you so that you can buy bitcoin with the method that is suitable for you.