After breaking the psychological barrier of $10,000, BTC began to attract more and more supporters. If you still haveno bitcoins, it's time to buy them. Let's try to choose the cheapest and safest way to buy.
There are many options to buy Bitcoin and there are 5 main costs associated with buying cryptocurrency:trading fees, credit card fees, wire transfer fees, spread fees, and "immediate buy" fees... To buy BTC cheaply, you should avoidusing credit cards or the "instant buy" function. Instead, you can deposit funds on the exchange using bank transfer and then place a regular buy order.
Exchanges
On exchanges, users can offer theirown prices (oredar) for the purchase of cryptocurrency, and the trading mechanism of the exchanges accumulates and processes these orders and offers from buyers and sellers. Exchanges also offer margin trading (leveraged trades). Generally, fees and spreads are low, but identification verification is required to withdraw funds.
Exchangers
Such commercial portals are similar to foreign exchangeexchange offices, but digital. They buy Bitcoin on an exchange and sell it to clients. On the exchanger's website, you can choose how to pay for the asset at prices fixed by the exchanger. Crypto exchange allows you to use a wide variety of payment channels – credit cards, PayPal, Web Money, etc. This is the fastest and easiest way to purchase cryptocurrency, but not the cheapest. Fees range from 1 to 5 percent, but most exchanges require additional fees for credit card payments. In order to choose an exchanger with the most favorable exchange rate at the moment, we recommend using the exchanger monitoring service.
P2P platforms
Such platforms allow you to buy Bitcoin withoutintermediaries. The fees here are relatively low – from 0 to 1 percent, the spread depends on market liquidity and payment channel. You can not only find a cryptocurrency at the right price, but also set your own purchase price and wait for an offer. P2P allows you to purchase relatively large amounts of Bitcoin at relatively low prices.
Crypto ATMs
Possibly the easiest way to get Bitcoin.Bitcoin ATMs allow you to buy cryptocurrency with cash. Coin-ATM-Radar.com provides a global map where you can find a crypto ATM near you. Such ATMs generally charge high fees of 3-6 percent or even more.
Gift cards, vouchers, certificates –These are easy ways to buy Bitcoin. You can buy a physical gift card in stores, and then use the code on specialized websites to receive your bitcoin in your wallet. Like ATMs, gift cards generally charge relatively high fees and don't offer the best purchase prices.
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