Buying Bitcoins and other cryptocurrencies like Ether, Stellar, Ripple, or Bitcoin Cash is now easier and safer than ever. In this post, I explain how to buy or invest in Bitcoins and other cryptocurrencies easily, how to transfer those Bitcoins to Euros or Dollars again in your bank account safely and all the options there are.
I still remember when in 2013 I bought Bitcoins for the first time. $ 40 invested became $ 800 in 3 years. The purchase process at that time was quite complicated, having to install a program on my computer and then make a payment and transfer the money to my “virtual wallet”.
Luckily today the process to buy and invest in Bitcoins and other cryptocurrencies is very simple and similar to buying in an online store like Amazon or Zara but you must know how to do it and not be fooled. I also decided to invest $ 8,000 at the beginning of 2020 and in 9 months the value was multiplied by 4. But my goal is to wait 3 years and sell a part and keep the rest for several years or forever. The ups and downs are constant but that doesn’t affect me. Now I trade Bitcoin and use Bitcoin Era as my trading tool.
How to buy Bitcoin and other cryptocurrencies?
You only need to create an account on one of the quality websites or apps that allow you to buy Bitcoins and other cryptocurrencies. This is the process that takes the most time since they ask you for a lot of information such as a photo of an identification card such as your ID or passport, your telephone number, address, etc., for security and tax purposes (as if you create an account in an online bank).
Then you must make the deposit of the amount you want with a credit card, debit card, Paypal, transfer (most recommended option because they do not charge you commission) or other methods, and then buy the number of Bitcoins and other cryptocurrencies you want.
Websites and apps where to buy Bitcoins and cryptocurrencies safely that I use:
eToro: Possibly the best-known investment platform. Very easy to invest although registration takes time and the exchange rate is high. Real cryptocurrencies are bought (They are not CFDs). It allows you to buy cryptocurrencies with PayPal, card, transfer, and many other forms of payment. You can withdraw the benefits quickly and easily. When buying, choose the option Without Taking Profit to not sell automatically when you reach that profit if you are not interested, although it can be modified later.
Coinbase: Well-known. Many apps use it as a basis for their transactions due to its level of trust and security. Good condition. Register from PC or Laptop since the registration does not work well from mobile. You can also earn free cryptocurrencies for learning about them.
Binance: The world’s leading cryptocurrency exchange. Trade BTC, BNB, and hundreds of other cryptocurrencies in minutes. More than 100 types of cryptocurrencies. The easier and faster registration since they do not ask for identification data at first but then they are necessary, as in all cases for legal reasons, to be able to buy Bitcoins. It has no direct Bitcoins withdrawal. You must transfer the Bitcoins to a wallet of another app that allows you to transfer your money to your bank account or PayPal account for example, which is a negative point.
2Gether: Buy and sell crypto without commissions. 100% collaborative financial platform.
Crypto: Buy, sell and pay with cryptocurrencies. It has rewards for its use such as discounts and access to Netflix and Spotify for free.
Wirex: You can buy, sell and use cryptocurrencies with your card. They give you $ 5 in Bitcoins for registering from this link if you invest $ 100 in cryptocurrencies.
Blockchain.com: This is the website and app with which I started investing.
Uphold Another interesting option. Great design and simplicity.
Bitstamp: I also use this website and I have invested some money in Ripple, Ether, and Litecoin. Get a $ 50 bonus fee when you sign up.
Bit2me: Another interesting option to buy Bitcoins and other cryptos with a very good affiliate system.
Kraken: Also, very well-known. Your website is very good as it guides all kinds of people. Secure platform with the very good purchase and sale conditions.
Liquid: You can buy practically all types of cryptocurrencies such as Electroneum, Hydro, Neo, or Dash.
Choose a place and try it for yourself! Hope this information was helpful!
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Founder Dinis Guarda
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