Bitcoin is a decentralized virtual currency that can be used to make digital purchases. Bitcoin holders can literally buy or invest in every single thing like a cup of coffee, buy movie tickets, and more. In order to buy and sell cryptocurrencies like bitcoin and more, it is imperative to connect with a bitcoin exchange. Exchanges are online marketplaces that help the public secure their cryptocurrencies and allow them to buy and sell cryptocurrencies anytime. Not only has this, but exchanges allowed users to convert their cryptocurrencies into standard currency for use. You can earn pitchengine.com by buying and investing in bitcoin from the platforms that are mentioned below as these are genuine.
Many cryptocurrency exchanges are available, but the best one is easy to use, accepts a variety of cryptocurrencies, secure, easy to set up, and is cost-effective. It might be possible that you have heard about the bitcoin network but haven’t invested in it. It is imperative to understand the bitcoin market and transactions to get started with bitcoin. Also, to invest in bitcoin, users need first to buy bitcoin. Metatrader 4 is a platform that provides the best possible execution speeds, required for online transaction. It is an indicator to help the user to analyse the markets on the wide variety of trading instruments. One can simply check top 8 forex brokers in South Africa online.
If you are a novice and don’t know where you can buy bitcoin, you are in the right place. Moving forward, let us explore the best places from where you can buy bitcoins.
eToro
Novices looking to have a focused platform that allows them to learn about the cryptocurrency ecosystem must choose eToro. It is a straightforward platform that allows users to trade bitcoins and other cryptocurrencies. Users who are afraid about live trading can test the wallet by adding virtual money to their account while signing up. As it will not risk your money. Once you find it comfortable, you can start to live trade with real money. eToro charges high fees for trading and charges a 0.75% spread price for bitcoin.
The best thing about eToro is that it allows users to create free practice accounts with virtual money and understand the platform’s working and learn about the risks if there are any.
Coinbase
For novices, Coinbase is an outstanding place to start with bitcoin as it supports a large number of cryptocurrencies and charges only reasonable fees, and provides strong security to your bitcoins. Coinbase is one of the largest cryptocurrency wallet providers as it has more than 35 million users. This is the only choice for most cryptocurrencies’ traders, enthusiasts, and traders.
Dozens of currencies can be traded on Coinbase. It charges many fees that include a spread of around 0.50% and a flat per-transaction fee. It has also introduced its updated version known as Coinbase Pro, and it has its features and prices. The advanced users can shift to Coinbase pro. Still, Coinbase is best for beginners as it offers strong security, and users can store their keys offline and enable two-factor authentication.
CoinMama
Users who already have a bitcoin wallet and want to buy bitcoin as soon as possible must choose CoinMama. It is one of the best platforms that offer a fast setup of the account and its verification. Users only need to login to CoinMama and can start buying bitcoin using plenty of payment methods. The price tag of CoinMama is comparatively high, but it provides the privilege of instant purchase of bitcoins.
Once you buy bitcoins, the bitcoins instantly get delivered into your account, and you can deliver bitcoin to any cryptocurrency wallet of yours.
Robinhood
When cryptocurrency users pay fees to buy and sell cryptocurrencies. They give a huge portion of their gains to the exchange or other platforms, which is a loss for users. Robinhood is the best-known platform for its commission-free stockbroker, which allows users to buy and sell bitcoins without any commissions. People who are quick active in the financial world and have experience in trading or stock market investing will find Robinhood the best platform. It is the platform that provides a bonus to newcomers to the bitcoin world.
This platform’s main demerit is that it supports only limited currencies and provides no option for users to withdraw their funds or bitcoin to cryptocurrency wallet. But its interface is quite intuitive and is the same as stock trading.
