how to buy bitcoin

What are the best ways to buy Bitcoin?

Crypto Market

Ever since bitcoin has introduced to the world it has succeeded in grabbing the attention of everyone be it a businessman, trader, or even a layman everyone is drawn toward this digital currency. Considering the uprising popularity of bitcoin it would not be an exaggeration to say that Bitcoin is one of the most popular cryptocurrencies. For the last few years, it has reached the zenith of glory. Thus, if you are also captivated by bitcoin and looking to buy the bitcoin and clueless that where to buy bitcoin for yourself then go through this article. There are several unauthorized platforms and brokers whom you should likely ignore. Thus, if you want to Buy Bitcoin without any problem or broker interference then you should use these platforms.

Set Up a Wallet: To purchase the bitcoin, you need to first set up the wallet to store your bitcoin. The wallet can be anything online wallet, a mobile wallet, or a desktop wallet. In your wallet, you can buy and store your bitcoins. The wallets are an immensely secure place and you can protect your bitcoins here. While creating the wallet keep eye on your keys such as passwords because it is very important.

Bitcoin exchange: There is a lot of bitcoin exchange or platforms from where you can buy bitcoin easily. To purchase it, you can go to a bitcoin exchange and buy it from there. There is a legit bitcoin platform such as Coinbase which has an excellent track record and it has already exchanged over $20 billion. You can go to Coinbase and create your own account. To set up the account you need to provide your email Id, name, location, and bank account number. Once your account has been created you can determine how much bitcoin you would like to purchase. Initially, there is a limit of $1000 worth of bitcoin every day. Besides Coinbase there are other bitcoin exchanges and platforms from where you can purchase the bitcoin such as Bitquick, Bitpanda, and Spectrocoin.

Coinmama: Coinmama is another platform from where you can purchase bitcoins. There are many specialized brokers that let you buy bitcoins with a debit or credit card. There is a 6% fee involved with credit card payment. Coinmama offers you high limits as compared to the other platforms. On this platform, you can get $5000 worth of bitcoin per day. And you can buy bitcoin worth $20000 bitcoin per day which is incredible. You have to create your account first and once your account is verified then you will be allowed to purchase the bitcoin. However, the Coinmama is only available in a few states of the US.

CEX.IO: This is also another great bitcoin exchange from where you can buy the bitcoin. It is a reputable company which offers high buying limits. You can buy bitcoin using your credit card which is a great thing. It is one of the most trusted and reputable cryptocurrency exchanges and it is being trusted by over 450,000 users. However, CEX.io is available in some parts of the world such as the United States, South America, and some other countries.

Personal Computer: It seems a little odd but it is true. You can mine bitcoin using your own computer. However, this is a bit expensive procedure but this is also one of the safest ways to get the bitcoin.

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