You’ve probably heard of bitcoin, but do you know where to buy it? There are plenty of options, including traditional exchanges, peer-to-peer exchanges, and crypto exchanges. But how can you be sure you’re getting the best deal?
LocalCryptos
LocalCryptos is a peer-to-peer marketplace that allows users to buy and sell cryptocurrencies like Bitcoin and Ethereum. Its services are available in more than 130 countries worldwide.
LocalCryptos offers a wide range of payment options. Users can use PayPal, bank transfers, debit and credit cards, or pay by cash. They also offer multi-currency support.
LocalCryptos supports major Ethereum wallets such as Ledger, Metamask, and Portis. In addition, it also provides escrow services to ensure buyers and sellers receive their funds. This makes it possible for disputes to be resolved and a buyer’s crypto to be returned to the rightful owner.
LocalCryptos is also one of the few P2P markets that supports buying and selling a variety of cryptocurrencies. These include Litecoin, BTC, and ETH. Unlike traditional exchanges, these trades are completely anonymous.
Coinme
Coinme is a venture-backed financial services company that has developed a vertically integrated suite of consumer products. Its most popular product is the Coinme Wallet.
The Coinme Wallet makes it easy for customers to buy, store and manage crypto. Coinme offers a range of payment methods, including debit and credit cards.
The Coinme Wallet also includes a rewards program. It allows customers to earn UpTokens, which can be used on Bittrex, Coinsource, and Upbit.
Coinme’s custodial wallet is built with first time users in mind. To get started, you need to set up a free account. You can then purchase some of the seven cryptocurrencies available on the platform.
Gemini
Gemini is a retail cryptocurrency exchange service that allows users to buy, sell, or trade a range of cryptocurrencies. It offers a streamlined process for signing up, as well as a user-friendly interface that makes it easy to navigate.
If you are looking for a reliable, regulated exchange, Gemini has your back. The platform accepts many popular fiat currencies, including American Express, Visa, MasterCard, and ACH deposits from US banks. In addition, Gemini provides several tools for beginners to learn about cryptocurrencies.
There are three ways to access Gemini customer support: by phone, by email, and online chat. You can also find several tutorials and tips on the Gemini website.
Paxful
Paxful is a peer-to-peer marketplace where you can buy or sell digital currencies. The site provides hundreds of different payment methods, making it easier to trade cryptocurrencies. It is a reliable way to purchase or sell BTC.
To get started with Paxful, users must first create an account and verify their identity. There are several ways to do this, including providing a valid email address or a phone number. Once this is done, you can choose a payment method, such as PayPal or a bank transfer.
The trade process is easy and safe. Paxful does not charge any fees to buyers or sellers. However, fees are charged based on the payment method. For example, if you use a gift card, you may be charged a fee.
BitQuick
BitQuick is one of the most reliable, convenient, and anonymous ways to purchase and sell Bitcoin. This service has been in business since 2013, and serves 79,000 customers. The interface is easy to use and offers basic buy and sell functions.
You can also buy bitcoin with cash using this platform. For larger transactions, you may need to register. In addition, you will need to pay a 2% buyers’ fee.
Before you can make a cash transaction, you must first find a seller on the BitQuick website. Once you locate one, you’ll need to confirm their email address. Also, you’ll need to read and agree to their terms and conditions.
Peer-to-peer exchanges
Bitcoin exchange are decentralized platforms that connect buyers and sellers directly. These platforms make it possible to buy and sell cryptocurrencies. The process is easy, as both parties can decide on their payment method. You can also set your own prices.
In some cases, you will have to undergo a KYC process, but most P2P exchanges have minimal requirements. In addition, most platforms use a rating system. They allow you to see your reputation as well as the reputation of the other party.
Some platforms require a deposit, while others accept credit or debit cards. Depending on the platform, you can filter offers by currency, price, and location.
