There are several ways to buy Bitcoins, but nothing is as easy as buying it from your bank account.
I know it sounds absurd when I say that you can buy bitcoins using a bank account because the concept of Bitcoins is quite contrary to what banking is.
However, if you ignore that fact for a moment, you can get your bitcoins if you have a bank account.
Plus, it is less risky for the seller to sell BTC by receiving fiat directly into bank accounts than dealing with chargeback frauds of credit/debit cards.
Some services around the world allow you to deposit fiat in their accounts for BTC in return. Such services have fiat linked crypto accounts, and almost all of them provide an inbuilt BTC wallet too, where they give you the bitcoins.
Let’s take a look at such services and what they offer.
CEX.io is an old cryptocurrency exchange service operational since 2013, from London, UK. The list of cryptocurrencies available on the platform includes Bitcoin, Ether, Ripple, XLM, Bitcoin Cash, Dash, Zcash, and Bitcoin Gold.
Buy BTC From Cex.io Now
Coinbase is a popular name in the world of cryptocurrencies and is a digital currency exchange in operation since 2012. It is a broker exchange which serves 32 countries with four digital currencies including BTC.
Here is a complete step by step guide on how to purchase BTC from Coinbase: How To Buy Bitcoin Using Coinbase.
Buy BTC From Coinbase Now
EXMO Finance LLP established in England, UK is running EXMO exchange for some time now and has a diverse team of developers and financial advisors from Spain, Russia, India, Thailand, Great Britain, USA, Lithuania, and Singapore.
Buy BTC From Exmo Now
Bitfinex is a cryptocurrency exchange operating from Hong Kong since 2012. It is also one of the busiest exchanges in terms of USD volume for BTC.
Buy BTC From Bitfinex Now
GDAX is an order book marketplace for cryptocurrencies owned and maintained by Coinbase.
Buy BTC From GDAX Now
LocalBitcoin is a popular Bitcoin start-up that facilitates over the counter buy/sell of bitcoins for a nominal fee. They also provide escrow services and have been in this space since 2012 with a network of Bitcoin buyers & sellers around the world.
Buy BTC From LocalBitcoins Now
Founded in 2011, Bitstamp is a bitcoin exchange based in Luxembourg. It allows trading between USD currency and bitcoin cryptocurrency. It allows USD, EUR, bitcoin, litecoin, ethereum, ripple or bitcoin cash deposits, and withdrawals.
Buy BTC From BitStamp Now
Coinfloor is a London-based Bitcoin exchange functioning since 2013 and is run by an experienced team as elucidated here. On Coinfloor, a UK resident can easily buy Bitcoins after a KYC, using fiat currencies such as GBP, EUR, USD.
Buy BTC From Coinfloor Now
Buy BTC From Livecoin Now
Kraken is a US-based cryptocurrency exchange operating in Canada, the EU, Japan, and the US, since 2011, and is the world’s largest bitcoin exchange in euro volume and liquidity.
Buy BTC From Kraken Now
Bithumb is a Korean cryptocurrency exchange with enormous liquidity on its platform.
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CoinSpot is Australia’s native Bitcoin exchange operating in this space since 2013. If you are an Australian, it is effortless to start on CoinSpot as verification barely takes any time, and one can easily buy/sell BTC on it.
Buy BTC From CoinSpot Now
|Exchange Name||List Of Supported Fiat Currencies|
|Cex.io||EUR, USD, and RUB|
|Coinbase||USD, EUR, GBP (via SEPA)|
|Exmo||EUR, USD, PLN, RUB, UAH|
|Bitfinex||USD, EUR, GBP, JPY|
|GDAX||USD, EUR, GBP|
|LocalBitcoins||All fiat currencies|
|BitStamp||USD & EUR|
|Coinfloor||GBP, EUR, USD|
|Livecoin||EUR, USD, RUR|
|Kraken||USD, EUR, JPY, CAD|
To conclude, Bitcoin is the oldest cryptocurrency, and over the years it has become easy to buy Bitcoin from anywhere in the world (except few countries).
But, you need to find out reliable services to buy Bitcoin because scams in this space are not a new thing.
Lastly, a quick head-ups from our side: Never store your bitcoins in any of the services because these are all hosted by third-party services. Instead use Bitcoin hardware and software wallets such as Ledger Nano S, Trezor, and Exodus for the same.
If you have some questions or doubts about these listed services, feel free to ask away in the comment section below 🙂News appeared first on: Coinsutra.com