Best places to buy Bitcoin and other cryptocurrencies (or CFD's for these currencies)
Here is our list of the best Bitcoin brokers and exchanges. It is based on our own experience and on the reviews and feedback of our users.
Best Bitcoin Exchanges
Exness consistently delivers better-than-market conditions to its clients. Exness also offers standout features such as instant withdrawals, gap level regulation, and one of the most user friendly trading apps.
Licensed by FCA (UK), FSCA (South Africa) and more.
👍 eToro has the biggest and friendliest community of more than 30 million traders. You can directly ask questions to experienced traders, see all their statistics and strategies and also copy their best trades.
In the USA eToro does not offer CFDs. eToro USA LLC: Investments are subject to market risk, including the possible loss of principal. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. 76% of retail investor accounts lose money when trading CFDs with this provider.
73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Options work and whether you can afford to take the high risk of losing your money.
IQ Options offers a beatiful, award-winning trading platform full of different tools for analysis.
Coinbase is recognised as one of the most popular exchanges for buying, selling and storing Bitcoin, Ethereum and Litecoin. It has a very user-friendly interface.
Established in 2013 as the first cloud mining provider, CEX.IO has become a multi-functional cryptocurrency exchage, trusted by more than half a million traders.
On LocalBitcoins.com you can trade Bitcoins for traditional currencies through person-to-person trades. People prefer to buy and sell Bitcoins here because it allows for fast transactions and more diverse payment methods.
How to buy Bitcoin
Bitcoin can be easily bought at any of the exchanges listed below. Once Bitcoin has been bought for regular currency (EUR, USD, GBP etc.), it can be stored on the exchange itself or in your own secure wallet.
For small purchases of Bitcoin, buyers can store their assets on the exchange for ease-of-use. For larger purchases, it is recommended that the funds are moved into a secure wallet, which is a harder process.
The process of buying Bitcoin through an exchange is simple. First register an account with the exchange, deposit euro or dollars and buy Bitcoin through the platform.
From $100 to $5,592,350 in a few years
Every day we hear news about new highs of the Bitcoin price. Bitcoin seems to be unstoppable, despite the critics who say that it is a bubble. If you invested 100$ in Bitcoin in 2011 you would have made $5,592,350 in profit, that's 5,592,350 % ROI. That's crazy, right?
Is it too late to buy Bitcoin?
According to Dennis Porto, a Harvard University researcher, the Bitcoin price could surpass the US$ 100,000 mark, if it continues to follow Moore’s law. Bitcoin has appreciated at an exponential rate since 2009. It has consistently been the best performing asset in the world throughout the past years. According to a prominent Wall Street strategist Tom Lee, Bitcoin is set to become the best performing currency again by the end of 2020. Lee says:
“I think Bitcoin is an asset with potential for huge institutional sponsorship coming. It has a lot of characteristics that are very similar to gold that I think will make it ultimately attractive as an alternate currency. It’s a good store of value".
So as you can see, there is still a lot more room for the Bitcoin to grow.