Bitcoin is the most famous cryptocurrency on the Internet and in the rest of the world. Many people are talking about it. Some see it as the future currency, while others see it as mere speculation and a big bubble. It is undeniable that it attracts a lot of attention, and quite a few people would like to try their hand at investing. However, we should not be Misguided by the many confusing messages on social networks, and we should go to really reliable portals to buy this cryptocurrency.
Bitcoin, the king of cryptocurrencies
Bitcoin is a virtual currency or cryptocurrency, totally digital and intangible. Developed by Satoshi Nakamoto, the pseudonym of its mysterious creator, it has been available since 2009, but its evolution has been little more than spectacular in recent years. After much maturing of the idea, Nakamoto handed over the source code and domains to the Bitcoin community two years later, in 2011, and subsequently, its creator disappeared. That was the beginning of creating a whole world behind Bitcoin, a digital currency, so we cannot touch it, it seems not to exist physically, and no bills are issued for what we pay with it.
No bank or government controls Bitcoin, and the owners of this cryptocurrency are anonymous. Bitcoin links buyers and sellers through encryption keys and is therefore exempt from any taxation. In 2017, the value of Bitcoin exceeded $20,000, generating a real rush to invest in this currency.
However, at the end of 2018, its value plummeted to just over $3,000. Since then, the virtual currency has been rising, although not steadily. Many believe it is now doing so more organically and sustainably. It is a reality that it is back on everyone’s lips by surpassing $13,000 in the last few months of 2020.
Best sites to buy Bitcoins
This growth is making many people interested in buying. Unfortunately, however, it brings out the worst of the Internet with scams and deception at currency expense. For this reason, we leave you with a list of safe sites to buy Bitcoins. In addition, we give you the steps on how to buy in the following sections.
Coinbase
Coinbase is a famous worldwide crypto coins company, is a secure online platform for buying, selling, transferring and storing digital currency. Undoubtedly, one of the reference websites for buying Bitcoin (BTC) and other currencies such as Ethereum (ETH), Ripple (XRP) or Litecoin (LTC). We have commissions for buying or selling cryptocurrencies of 1.49% and for credit card purchases of 3.99%.
Binance
This is the largest cryptocurrency exchange globally. We can also buy some cryptocurrencies directly with a Visa or Mastercard credit card. The commission is 0.1%, although if we use their currency BNB for commissions, we get a 25% discount.
Kriptomat
This Exchange allows us to buy, sell and store our favourite digital currencies. You can buy directly in euros and withdraw it to your account, in addition to being able to store cryptocurrencies securely as 2FA protects the accounts. One of its benefits is that it has low fees and supports many digital currencies (Bitcoin, Ethereum, Litecoin, Stellar, Bitcoin Cash, IOTA, Cardano, Ripple and Tron).
HitBTC
HitBTC is defined as the most advanced Bitcoin exchange. It allows you to buy Bitcoin with a VISA credit card and use them to obtain other alternative cryptocurrencies. The platform has earned its reputation due to fault tolerance, perfect uptime and high availability. For verified users, the lowest level of trades for both “Maker” and “Taker” operations is only 0.07%, compared to 0.1% and 0.2% for unverified users.
Kraken
Another well-known website for buying and trading cryptocurrency that makes itself known as the safest. Fees range from 0% to 0.26% of the total cost (value) of your order and depend on the currency pair you are trading, your 30-day trading volume (in dollars) and whether the order is a maker or taker. This is one of the biggest portals to buy cryptocurrencies. In this case, you have to register, and it will take some time to verify your account, as they see if everything is correct and there is no previous problem. After being verified, we will be able to buy and sell Bitcoins. We will be able to make transfers within Europe without any cost. If we buy Bitcoins, they will take a commission of between 0.16 and 0.26%. It does not seem like a lot and is perfectly acceptable. It is a website where it is better to have some knowledge of the world of Bitcoins. Even so, if it’s your first time on the site, we don’t think it will take you long to get familiar with it.
Bitstamp
A UK-based company with quite a few years of presence in the market. It is a more accurate alternative to Coinbase and allows you to buy Bitcoin, XRP, Ethereum, Chainlink, Litecoin and other altcoins. The purchase fees depend on the amount, but we will pay 7.50 dollars minimum for depositing the money and 3 euros when converting the money into euros for a bank transfer.
Bitfinex
Another veteran is offering the option to buy Bitcoin, Ethereum, Ripple, EOS, Bitcoin Cash, NEO, Iota, Litecoin, OmiseGO, Ethereum Classic, aelf, Monero, Dash, Zcash, Bitcoin Gold, ETP, 0x, QASH, Qtum, Time New Bank, TRON, Santiment, Golem, RCN, Status, Eidoo, YOYOW, Augur, FunFair, Streamr, Basic Attention Token, AidCoin, Aventus, Decentraland, SpankChain, SingularDTV and iExec. Fees are a maximum of 0.2%.
LocalBitcoins
In this case, the purchase is focused from one person to another, i.e. P2P service. The problem is that it is not a very advisable website for inexperienced people, as it could be a real headache or fall into some trap of a person with a lot of knowledge but few scruples. Therefore, the only way the site will charge you is to create some advertisement to attract other users to do business with you.
