The new era of buying Bitcoin with ease totally defines why cryptocurrencies are digital. It’s a good thing that the processes involved are as simple as class 1 mathematics.
Is that a fair comparison?
No, I guess.
Nevertheless, buying Bitcoin from online at times may be challenging and the worst case risky.
Why?
To start with, how do you know the sellers or exchanges viability and authenticity being that these exchanges are all online?
Be it as it may, we shall try as much as possible to consider only safe exchanges, even though the list may be vast.
On the contrary, we know that two heads are better one, so, we encourage you also make additional research, that’s a factor of safety (FOS).
That being said, is this post suitable for beginners? No!
Not yet please,
I understand you want to read it up right away.
But may I encourage you to read the following posts for a clearer understanding.
Don’t worry, you will still come back for this particular post trust me.
- What is a Bitcoin Exchange?
Bitcoin exchanges are of many forms. But I will consider just two…
Bitcoin exchanges otherwise called exchanges are websites where you can buy, sell or even exchange bitcoins to your traditional digital currency and to your bank account or even for altcoins.
For those that want to trade professionally and have access to some addon trading tools, the requirement is that you will likely be asked to provide your ID for a verification process.
Meanwhile, if you just want to make an occasional, fast and straightforward trade, you can exchange your bitcoins ousing Wagecan Bitcoin Wallet.
- Types of Exchanges
#1.Trading Exchanges
These are exchanges that connect buyers and sellers and take a fee from each transaction. Example is Paxful.
#2. Brokers Exchanges
These are websites whereby anyone can visit and buy digital currency available on the website.
These platforms can serve both globally and individual countries. An example is LakeBtc.
#3. Direct Trading- Exchanges:
These are platforms that offer direct person-to-person trading exchanges.
Direct trading exchanges do not have a fixed market price, rather each seller sets its own exchange rate based on the general market price.
An example is Remitano.
- The Determinant of Best Bitcoin Locations - https://bizdynamicx.com/the-top-50-and-safe-places-to-buy-bitcoin-worldwide/
The Top 50+ and Safe Places to BUY Bitcoin Worldwide
Coinbase
Coinbase is a flexible digital currency exchange also acting as a vault.
Coinbase is backed by trustworthy investors and millions of customers globally.
The platform makes it super easy to securely maximize its options (buying, selling, trading and etc.).
Coinbase has over 4,800,000 users signed up, including 45,000 merchants, and apps developer’s community greater than 8000.
“Coinbase is now the de facto leader in this space after raising lots of VC finance and using the money to solve the security problem. Their “vault” is about as safe as you are likely to get without taking some very major steps yourself” – bitcoinfaststart
Pros
Currency is insured.
It is user-friendly.
Has a large and engaging technical community support
Has a Web Wallet Option.
Trades up to three digital currencies (Bitcoin Coinbase and Litecoin)
Cons
A little bit challenging in terms of account verification.
Is not readily available in many countries.
Means of payment: Credit cards, Bank Accounts, SEPA transfer and 3D debit card.
Countries served better: United States, Canada, Singapore, France, Australia, Germany and Europe. Others include:
The full list is here
Account opening requirement: Email, strong password
Trust score: Best +
CEX.IO
CEX is a European exchange that provides a wide range of services for Bitcoins and altcoins.
They are based in London, England and they have been in this business since 2013.
They charge a reasonable transaction fee, they have a large number of active traders as the platform offers the ease to trade in fiat currencies.
Selling point?
The offer brokerage service which provides novice traders an easy process for buying Bitcoin in an economical against market price.
Pros
The charge a flat rate compared to other exchanges.
Good reputation.
24/7 service.
Security option as IP address of anyone making over 600 requests in a short period will be banned.
Security measures via authentication.
Good mobile product.
User and beginner friendly.
Cons
- 50% customer support.
Means of Payment: U.S. dollar, British pound and Euro
Countries Served Better: Europe, United States
Account opening requirement: Email, strong password
Viability Score: Best+
Paxful
Paxful is a peer-to-peer bitcoin marketplace connecting different sellers and buyers alike.
However, that does not stop their monthly visits numbering up to 2 million.
The good news is that they are still expanding.
Pros
A Vast number of payment methods.
Operates in a peer-to-peer mode.
User-friendly, also for beginners.
Cons
May charge a considerable amount of fee.
Limited to some countries.
Means of Payment: PayPal, debit cards, Amazon gift cards
Countries Served Better: USA, China, India, Nigeria, Russia
Account opening requirement: Email and a strong password
Viability Score: Best
THE REST - https://bizdynamicx.com/the-top-50-and-safe-places-to-buy-bitcoin-worldwide/
The Best and Safe Places to BUY Bitcoin Worldwide in their Numbers
The following are relevant bitcoin locations and exchanges you can get hands on.
If your country is not enlisted, feel free to use LakeBTC and Localbitcoins as the provide a worldwide coverage
Here we go…
Andorra – LocalBitcoin
Argentina- safello, ripio
Australia – Cointree.com , Remitano, Btcmarkets, Coinjar
Africa: Remitano, nairaex.com
Austria – Bitpanda or coinfinity, safello
Bangladesh – LocalBitcoins
Belgium – safello, Bit4coin, Exmo
Brazil- mercadobitcoin, CoinBR
Bulgaria – BTC, safello, Coinbase
Cambodia – Remitano
Canada – quadrigacx
Canary Islands – safello
China – Okcoin , Remitano, BTCChina
Chile – Surbitcoin, SatoshiTango,
Colombia – SatoshiTango
Costa Rica – Local Bitcoins
Cõte D’ivoire – Local Bitcoins
Cyrus – safello , Coinbase
Czech Rep –Easycoin, Coinbase
Demark – Safello, Coinbase
Dominican Republic – localbitcoins
Dubai and the rest of UAE – Bitoasis.net
Ecuador – localbitcoins
Egypt – localbitcoins
Estonia – Safello
Finland – bit4coin, Coinbase
France – Paymium, Coinbase
Germany – Bitcoin.de, bit4coin, Kraken, Exmo
Gibraltar – Safello
Ghana – Remitano
Greece – Coinbase
Hong Kong – Gemini and Bitfinex, Gatecoin
Iceland – Safello
India – Zebpay.com or Unopay.com, btcxindia
Indonesia– Bitcoin.co.id, Bitx
Ireland – Safello, Bit4coin
Italy – Bit4coin
Israel –BitsOfGold, LocalBitcoins
Japan – Bitflyer & Gemini, Coincheck, kraken
Kenya –LocalBitcoins, BitX
Latvia – Safello, Coinbase
Lebanon – LocalBitcoins
Liechtenstein – Bit4Coin, Coinbase
Lithuania – Safello
Luxemburg – LocalBitcoins, Blockchain.info , Safello
Malaysia– Coins.my, Remitano, BitX,
Malta – Coinbase, Bit4Coin
Mexico – Cubits, Bitso
Monaco – Coinbase
Netherlands – Coinbase, Bit4Coin, Exmo
New Zealand – Cointree.com, BitNZ, localBitcoins
Nigeria – Remitano (Highly Recommended), luno, Nairaex.com
Norway – Localbitcoins, Bit4Coin
Panama – LocalBitcoins
Peru – LocalBitcoins
Poland – Coinbase
Portugal- Coinbase , Bit4Coin, Exmo
Philippians– Coin.ph, buybitcoin
Paraguay – Guaranibitcoin
Poland – BitBay
Romania – LocalBitcoins, Coinbase
Russia – Yobit , Gatcoin, BTC-E,
San Marino – Coinbase
Scotland – Coinsbank
Singapore – Coinhako.com & itBit, , Coinbase,
Slovenia – Safello, Coinbase, LocalBitcoins
Slovakia – Safello, Coinbase
South Africa –Luno, bitcoinzar, BitX
South Korea – Korbit , Coinplug,
Spain – Safello, Bit4Coin, Coinbase, Exmo
Sweden – Cubits, Coinbase
Switzerland – Safello, Coinbase
Tanzania – Remitano
Taiwan – LocalBitcoins
Thailand – bx.in.th
Turkey – LocalBitcoins , BTCTurk
Ukraine – Exmo
United Kingdom – Coinbase, Circle, Coinfloor, Kraken, Bit4Coin
United States – Circle, Coinbase, Gatecoin
Uruguay – SatoshiTango,
Vietnam – Remitano,
Venezuela – SurBitcoin
Virgin Island –Coinmama
The rest of the world – LakeBTC and Localbitcoins
FULL POST - https://bizdynamicx.com/the-top-50-and-safe-places-to-buy-bitcoin-worldwide/
Exchanges using SWIFT payment method - http://bit.ly/2uSYw1c
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