There are questions that the answers must be easily and quickly available. All interested parties need this, because thanks to that the adaptation of the new technology is progressing. It is no different with Bitcoins, more precisely, with the admission of more and more people to digital asset technologies. In order for more people to use BTC transactions, they should be given the easiest access to purchasing cryptocurrencies. Basic knowledge of storage and transactions is also necessary to perform the purchase, practically.
Where to buy Bitcoin?
The decision to buy Bitcoin is not easy, although in 2019 there are no technological or legal obstacles to obtaining crypts. So, where to buy BTC? The answer to the question of where to buy bitcoin is often limited to several variants, in which there is a possibility to buy small amounts of BTC from friends or relatives. If this option is not possible, it is worth using the services of popular technology companies, such as cryptocurrency exchanges or Bitcoin startups or wallets.
There are many places where you can buy Bitcoin. The most popular are:
- cryptocurrency market, the most popular choice being Binance. Other exchanges also have advantages, such as a promising KuCoin token.
- Bitcoin ATM, a device that allows you to buy or sell cryptocurrencies. Most often they are located in popular places of big cities, such as shopping malls and railway stations
- intermediary services in the sale of cryptocurrencies, such as LocalBitcoins or projects operating on existing blockchain ecosystems
- in the post office or bill broker, using the BitBay cryptocurrency market
- Bitcoin purchase from friends or acquaintances
Bitcoin, at least in the beginning, can be stored on the cryptocurrency market or on a computer used for daily work. However, the target solution must be a wallet that is secure, disconnected from the Internet and unavailable to unauthorized people. A good idea to start is to install a mobile cryptocurrency wallet on your smartphone, thanks to which you will be able to use them and make transactions.
What to look for when buying Bitcoins?
First of all, what is important is how we intend to pay for Bitcoins. If it is cash, we are forced to make the transaction personally (with the benefit of being anonymous if we take care of it beforehand). In the case of an electronic transfer, the transaction will be saved in the bank’s archives and the user will be asked to verify the identity by the cryptocurrency exchange. The second important issue is the need to have a Bitcoin address, which will receive the purchased BTC units. If you are looking for many more ways to get Bitcoins, check out our biggest BTC acquisition guide. In conclusion, the question of where to buy bitcoins is virtually no problem, even for a novice user. Choosing the place of purchase and payment method allows you to adjust the process to your needs.
Crypto investors low transaction fees. Binance has special trading offer, with fee reduced to 0.075%.